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To: Enigma who wrote (44889)	11/12/1999 6:58:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116782

<<I exclude Richard from this! >> Why, is it because I have proven there is manipulation, or because I'm unwilling to state who is in on the manipulation until it is proven? I know I have fallen out with some, here, because I have spoken so strongly against the Clinton administration in regard to the manipulation. My reasoning for this excercise of the freedom of speech is because the manipulation was brought into the full view of the SEC & the CFTC under the full control of this administration. Repeated requests for an investegation of the manipulation brought NO action for 3+ long years. After this great a time, and ONLY when it became politicaly expedient, Martin Armstrong was brought up on charges which include manipulation of the prices of gold & silver. IMMEDIATLY After that, TWO highly placed individuals at Republic Bank were FIRED, because of this. This is proof there: 1) has been manipulation of the POG 2) nothing was done soon enough 3) little has been done yet 4) If Armstrong is guilty of this chare, the list does not stop there

To: Enigma who wrote (44889)	11/12/1999 5:15:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 116782

This explains it all. You were one of those lucky individual to be on the corporate gravy train. I'll bet you had a truck loads of options that you cashed in during price runnups of the companies you had relationships with. As you have so often referred, hedging has improved both cash flows and balance sheets for those companies that have engaged in the practice. I have mentioned over and over, these benefits have not accreted to the shareholders, rather management has enjoyed enormous benefits. I have played the game and I know it well. I have been involved in a multitude of junior companies some of which I provided a bit of the seed money in return for private placement stock with options. It was better than owning a printing press. Unfortunately, shareholders of the hedged producers have experienced none of this benefit. You guys on the corporate gravy train were interested more in your own pockets than in the investors who own the company. Ken