Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: Tim Davies who wrote (16419)	2/21/1999 2:12:00 PM
From: Ironyman	Read Replies (1) of 34075

Tim,,,The Gold Lease Rate which I am referring to, that which the Central Banks loan out their gold in paper form....This gold was sold forward into the markets (Short) and borrowed at a rate of less than one percent....The new rates are said to be 5% and more! Based on the information which Bill Murphy is fighting to make public, I believe that the hedge funds ( Chase, Morgan Stanley & Others ) have sold short Many Years Worth of the Worlds Total Production of Gold. The funny part is that many people have said that the stock market is a bubble......LOL....Do your part,,purchase a couple of tenth or quarter ounce gold eagles.....If you can find any! Regards, Eric Parde

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