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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (42240)	10/6/1999 6:23:00 AM
From: paul ross	Read Replies (2) \| Respond to of 116764

HUI(?) index- mining stocks that haven't hedged production. Anyone any info?

To: d:oug who wrote (42240)	10/6/1999 12:15:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 116764

Doug AK, ALl those bare assed shorts are getting spanked. Bill

To: d:oug who wrote (42240)	10/7/1999 6:08:00 AM
From: d:oug	Respond to of 116764

(GATA News) gold company + hedging = board meetings besieged by shareholders news ... Ashanti while the price of gold has rallied sharply their stock price has collapsed investors are bewildered and furious How could this be happening ? gold bulls wait for years for a move like this finally occurs and the investor gets rewarded by having their investment go into the toilet They are only partly to blame. It is the bullion dealers, "The Hannibal Cannibals," Goldman Sachs is Ashanti's primary bullion dealer. A shareholder class action suit could be used to discover the transactions, contracts, actions, etc. of Goldman Sachs et al. We will look into this. One more time I will STRESS the FACT that the Hannibals (Goldman, Chase, Deutsche Bank, J.P Morgan, AIG, etc.) have been feeding ... disinformation ... May I say it once again: This is one of the great financial scandals of all time. Am I blowing smoke here about my disinformation claims? NO! NO! NO! I can GUARANTEE YOU that it will be revealed in the months to come... If any of you are Barrick shareholders... Of course, we think the gold loans are greater than 10,000 tonnes, but... ..... The only way out for Ashanti is a "hope trade" that the gold price will go down. As all commodity traders know, when that is your only hope to get out alive and it is made public, the market vultures will eat you alive. It is not just Ashanti that is suffering, it is all the forward sellers that entered into all these "structured deals" that the bullion dealers talked, conned, or forced them into. Cambior is floundering too. There will be many others. Every gold company in the world that has substantial hedging programs in place is in emergency board meetings now and being besieged by their shareholders. The situation is explosive! All the best, Bill Murphy, Chairman Gold Anti Trust Action (GATA) gata.org Le Patron, Le Metropole Cafe lemetropolecafe.com