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To: Ken Benes who wrote (43777)10/25/1999 10:13:00 AM
From: Winzer  Respond to of 116756
 
<<The only block buster news was the Kuwait decision to transfer gold, which definitely helped the retracement in price.>>

Looks like the Americans are doing what they're renowned for and that in this case is a Mafia style "protection racket". Can you tell the difference? IMHO, I think that they do do a lot of good things around the world, but some Americans wear Canadian flags on their back packs because of the stigma that American citizenship has in some locations.

GATA is finally starting to get attention in the US and around the world thanks to SI and the internet. To get some of the support (like Patrick Bloomberg) that Bill Murphy the all American is getting tells me that there are some Americans that are disgusted with the way how officialdom supports the recklessness of the bullion bankers.

Lets hope that the bullion bankers gets more than their shorts squeezed as they fall into the Kuwaits trap. The bullion bankers have displayed that the cannot possibly cover all scenarios and that they don't have the market on brains cornered. If the upstart Euros could shake them with little effort, just think what the gold cartel could do to them.

I think that just the fact that a goldtel was hinted was enough to scare the heck out of the bullion bankers. Same as having David Duval pump up the crowds at the Ryder Cup. Oh what rythym!

Winzer



To: Ken Benes who wrote (43777)10/25/1999 10:36:00 AM
From: The Barracudaâ„¢  Read Replies (1) | Respond to of 116756
 
If we are back to "ho hum days", gold is going to go down.
If there is no reason to buy, there is a reason to sell.