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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (24452)	9/1/1999 8:27:00 PM
From: C Hudson	Read Replies (2) \| Respond to of 99985

If true, THIS IS AN OUTRAGE!!! Please pass this around the net!! This is from Bill Murphy, Chairman of GATA Le Metropole members and internet, A highly sophisticated source has informed me that he understands that a blind trust set up for Hillary Clinton, shorted gold financial instruments just before the Bank of England gold sale announcement on May 7, 1999. If true, it is an outrage and is further anecdotal evidence of the conspiratorial nature of the Bank of England gold sales and of the high level nature of the manipulation of the gold market. Nobody could be so lucky as to have made $100,000 on a $1,000 investment in cattle futures and then have someone else just happen to SHORT gold for them immediately prior to that extraordinary gold sale announcement. The trading activity in a blind trust of a major public figure such as Hillary Clinton must be a matter of public record. It would be of help to the Gold Anti-Trust Action Committee if someone on the internet could help me access these records. A matter of such sensitivity ought to warrant a statement by the Trustees and its auditors. All the best, Bill Murphy Chairman, Gold Anti-Trust Action Committee lemetropolecafe.com gata.org

To: Monty Lenard who wrote (24452)	9/1/1999 10:05:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

Thanx Monty; That's a keeper, but what really sends the market for the big tail spin is banks and such keep non performing debt on their books as if it's an assest for as long as they can. About the time one can't hold it any longer other find they can't. I think in 29 it was the huge debt owed to the J.P. Morgans and such who financed England & France in WWI , well that debt was called an asset and even after they couldn't pay the interest on it it was held it as an asset, and used it as collateral for buying stocks , at some point they knew they had to produce some real money so just before writing all the bad debt off they sold. It's interesting to note that President Hooover was big in Stocks, but somehow sold right at the top. Jim