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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.48

+0.5%

Dec 26 9:30 AM EST

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To: Phil Jones who wrote (3523)	5/16/1999 2:08:00 AM
From: d:oug	Read Replies (1) of 4066

GATA hit the business page of the Sunday London Times CONSPIRACY THEORISTS PAN NET FOR GOLD By Kirstie Hamilton City Editor Sunday London Times ... seething with Internet-inspired rumours of a huge conspiracy ... ... the world's biggest financial institutions are alleged to ... ... major European and American investment banks ... But milder versions are being taken seriously by ... ... gold business's establishment figures, including ... ... second-largest gold producer and the heads of two European ... Those allegedly involved in the plot ... ... stories, have been building over recent months, have exploded since ... Bill Murphy ...chairman of the Gold Anti-Trust Committee ... has hired Berger & Montague, a Philadelphia law firm, specialises in anti-trust cases. ... conducting an investigation ... has been to Congress to explain what he believes is happening... Analysts and commentators have begun to create elaborate theories ... ... suggestion that a number of big banks have huge short positions in gold either on their own account or on behalf of clients ... ... At its extreme, the theory suggests that the big investment banks may have been able to persuade central banks around the world to help them keep the price of gold down. ... Chris Thompson, chairman of Gold Fields, one of South Africa's biggest gold companies ...a large amount of circumstantial evidence that investment banks were involved in a plot. Internet gold commentators have suggested ... ...behaviour of gold price...odd over last 6 months...Peter Hambro ... Chris von Christierson, chairman of Rio Narcea, which ... I have never been a believer in conspiracies, but every time the ... ... it gets hit again ... But some analysts dismiss the conspiracy option ... The Treasury's gold sales announcement has attracted ... Even a former Bank executive has joined the chorus of disapproval.... The conspiracists hope that publicity will help to uncover ...

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