To: long-gone who wrote (40735 ) 9/25/1999 4:23:00 PM From: IngotWeTrust Respond to of 116762
I find it most interesting, Richard, you assuming political fallout delivered via IRS to GATA supposedly b/c Murph asked some questions regarding perfectly legal shorting of gold prior to the BOE announcement. Don't believe a person is guilty until it is proven, and just raising questions is a far cry from 'hold up in court' proof of collusion or 'insider trading knowledge.' First thing I find interesting is the FACT that I've bellowed all along Murph's GATA is nothing more than a political gnat in the gold game, and anyone who was donating money to him should understand that from the gitgo. Murph's $$raising pitch reminds me of the current Republican fundraising newsletter making the circuit [according to the syndicated Mike Reagan (yes, Ronnie's son) radio show 2 days ago] that I happened to catch while doing some chores around the cabin. Seems this particular letter currently being circulated by some Senator who's name I don't remember, has authorized/& signed, a fundraising letter warning the reader of "Imminent Nuclear Threat by the North Korean's that can be thwarted by a $25 donation" by millions of Americans. GATA and political fundraising letters all have the same smell. Second thing I find interesting is that people in this investing GAME and it is ALL a game, whether or not one has read Eric Berne's "Games People Play" or not for the definition of "a game," ... most little people in this gold game don't realize there are two kinds of information ALWAYS whirling around out there. First kind is the info those that play the game need, in order to have successful blind trust accounts like Bill's and Hillary's, and the information t'rest of us get...eventually. It isn't that the "information wasn't available," or even "secret" Richard, it is that the BOE information just hadn't reached us peons yet. I've been around long enough to remember the lively debate on this thread about whether or not England would ever join the EMU. I was the LONE, yes, LONE voice that said, it not only would, but was chairing the damn thing for the first 6-9 months of the rotating chair role. And I'd like to further remind you and this thread of this fact: I have alone been the voice reminding this thread that the PRICE of the British Pound has been pre-ordained to fall to the 1.42 level BEFORE the UK EMU/Joining Participation would be permitted by Parliament. Now, it doesn't take a rocket scientist to remember that BOE has been sitting on a lot of gold bricks. That's a statistic record, and part of public knowledge, ever since WWI reparations between France and Germany via New York Fed and BOE 'channels.' One just needs to be a student of history to get that "goldbricks number." And it doesn't take a rocket scientist to remember watching the OTHER 11 nations--already apart of the sacred 15 EMU candidates--puke up their gold in order to get into the EMU and tweak their national "accounting" in order to qualify for the EMU standards of acceptable national assets vs debt ratios and all those other ratios. SO, it shouldn't take a rocket scientist to figure out that: 1) BOE was going to dump gold to meet the "golden ratios' 2) That 'sales event' would be the last major tranche' of CB gold to be 'dumped' in CB Bretton Woods Currency Accord Plan implementation. Surely you don't think for one golden second that Bill and Pill didn't select the shadiest and the craftiest and the closest to the counterparty risk bullion bank info source for their blind trust money manager representative would you? That is what powerful people do: know info first and act first before the trickle down occurs to the plebes. AND THOSE POWERFUL PEOPLE AT THE BULLION BANKS aren't rocket scientists either. They just keep track of things like what the other 11 nations did with THEIR gold prior to joining the EMU; and like the statistics of how much gold BOE has; and like the fact that U.K. is going to be applying for "official" EMU status, and like the fact that the current ratios for U.K. 1) are, 2) need to be before their application would be accepted; and then they draw a straight line to the conclusion that: BOE WILL BE DUMPING GOLD. Then this moves from an "IF" to a WHEN guessing game, and the search for clues and political posturing and signals from the FED and G-7 underlings polls etc etc etc., in the giant info gathering network game begins. SEC can't stop this information flow, Murph can't stop it, and you and I discussing it candidly can't stop it Reminds me of Henry Vol's posts on these threads, from his secure perch right in the bosom of the counterparty boyz. And he was one of the original dreamer-uppers of this whole gold leasing game. And why? All for a few cents on a regular basis from each deriv contract to fatten his commission check, because making 300,000 a year or some obscene number wasn't enough for his food/shelter/clothing budget, he needed 3mil per year now, I suppose. Greed and Politics make wonderful bedfellows. And they both scratch the other's back. And the way they "scratch" is by sharing information. It is a simple system, and one that cannot be halted. Period. End of GATA. But if it makes you feel good, writing all those e*mails and knowing what Murph thinks he knows, then you go right ahead! Me? I'll study history and watch what the Rothschild's do, and you chase ole' Murph. But, my friend, while you have been trying to spin straw into POG upwards movement by all that time you've been writing those e*mails, the price of gold hasn't even gotten within $35 bucks of where Gold was selling for October of last year, so where is your progress? Haven't read ole Murph in a spell, but is he still screaming imminent gold price explosion to the upside? O/49r