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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (3659)	6/23/1999 11:15:00 PM
From: d:oug	Read Replies (1) \| Respond to of 4066

ever loose your balance, knowing its just a matter of time, to a crash those movers and shakers of the world's economics, government and private folks, are a falling down, they see and know this, but are trying very hard so that you don't see or know, but GATA has a peek at it, as its happening, watch out below and run for cover, the only eggs that will not be broken, are those made out of gold, or stock shares in gold mines From lemetropolecafe.com Midas du Metropole A fascinating thing to watch. ........... ........... was immediately hit by the Counterparty Risk Management Group members, Chase Bank and Credit Suisse........ . This is not my Cafe members might like to know that a delegation led by ......... Repercussions from the BOE gold sale announcement ? - London - Dow Jones -June 22 - U.K. Chancellor of the Exchequer Gordon Brown has cancelled his scheduled appearance before the House of Lords Committee, which scrutinizes the Bank of England's Monetary Policy Committee. Brown was scheduled to appear at a public meeting of the committee at 1445 GMT Tuesday, but it will now take evidence from the Chancellor on Wednesday evening in private, a spokesman for the committee said, "Neither the Treasury nor the committee spokesman would give a reason for the change". From the Financial Times today: Lawyers from the 14 financial institutions that bailed out Long-Term Capital Management in September have discussed how far they should comply with a request from the US General Accounting Office for detailed information on the events surrounding the rescue of the hedge fund.... The GAO, which is an arm of the US government but does not have authority over private sector companies asked for responses "as soon as possible, but no later than June 28".... It asked each firm to provide information on matters such as its precise exposure to LTCM, and qualitative judgements on the causes and effect of the episode, but said the information could be given anonymously. This is exactly GATA hoped Congress would do. Find out "precisely" if any of these firms ( many are bullion dealers ) had any gold exposure with LTCM. Just a simple question! Midas has two questions already. Why are these lawyers of this "bailout group" discussing this with each other and why a comment of "how far they should comply" versus a comment of "we will comply fully"? The intrigue builds. To the Cafe: .......... Tracy Corrigan of the Financial Times was mentioned in Martin Mann's Spotlight article, Wall Street's Golden Egg is Scrambled, that we presented to you. ............. the manipulation of the gold market has to do with a greater market manipulation. One of the theories is that the gold market is being held down to demonstrate to the world that all is well, that there are no crises out there. That line of thinking ....... ....................... coincidental or not, recent market action and recent comments by Alan Greenspan support this theory. In that spirit and as part of our series of newspaper articles that we have served to you, we present a 12 year old article that was written by former Fed Governor, Robert Heller. As you read it, you might ponder - Could it be: 1) that a well intentioned plunge protecton team was put into place years ago, but that it became overzealous and out of control over the years? 2) this is the reason that there were only 10% stock market corrections until last year and the more violent ones of recent times have made V bottom, sharp moves right back up? 3) why Peter Fisher of the N.Y. Fed was called in on the LTCM bailout? 4) the reason it has supposedly been discovered in England that Goldman Sachs has a 1,000 tonne short gold position on its books ( the insinuation here is that it might be part of a VERY closely held, Federal Reserve position )? We could go on and on and will at the right time. For now we are covering the waterfront with concepts that have "legs" with some pretty sophisticated folks. The implications here are enormous, ................ .............. This was written by a very respectable public figure 12 years ago. We are not saying "The President's Working Group or a "Plunge Protection Team" is working the financial turf, but we do not rule it out either. For if such activity has been taking place, it may have substantially contributed to the "bubble" in the investing arena by reducing the element of risk and by reducing risk expecations among the public and financial institutions. If this is so, the longer it goes on, the worse will be the calamity when it bursts. .............. Midas Have Fed Support Stock Market, Too By Robert Heller 10/27/89 The Wall Street Journal The stock market correction of Oct. 13, 1989, was a grim reminder of the Oct. 19, 1987 market collapse. Since, like ............ ............ the mere existence of a market-stabilizing agency helps to avoid panic in emergencies. The old saying advises: " If it ain't broke, don't fix it." But this could be a case where we all might go broke if it isn't fixed. Bill Murphy ( Midas ) Send mail to lepatron@lemetropolecafe.com with questions or comments about the cafe. Copyright 1999 Le Metropole Cafe

To: Bearcatbob who wrote (3659)	6/25/1999 6:43:00 AM
From: d:oug	Read Replies (1) \| Respond to of 4066

Bob, you mentioned that you watch Hardballs on CNBC, and thursday I got a phone call with a request that I watch on Public tv Nightly Business Report for an interview with outgoing Robert Rubin. What I heard from him was that the USA economy was and is ok, but that the future holds extreme problems for the USA because extreme problems will soon appear in other parts of the globe. Just my interpertation of someone warning that servere bleak conditions are headed the USA way, but first they will arise in other parts of the world. If so, then GATA's views are on target and USA bubble in trouble (BIT) is soon to arrive, this year I think. usa bit = USA bubble in trouble doug