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

To: d:oug who wrote (62632)	1/11/2001 9:25:11 AM
From: lorne	Read Replies (1) \| Respond to of 116944

SWISS GOLD: SNB gold reserves down 78.1 mln Sfr to 34.647 bln Zurich--Jan. 11--The Swiss National Bank sold 78.1 million Swiss francs' worth of its gold reserves in the first 10 days of January, it announced Thursday. This is equivalent to around 5.5 tonnes, and brings the total of its planned second-tranche sale quota of 100 tonnes by end-March to around 52 tonnes. ( Story .13932 ) futuresource.com

To: d:oug who wrote (62632)	2/1/2001 7:07:02 AM
From: d:oug	Respond to of 116944

eXtra Dry Humor of a Stand-Up Comedian + Global Investment Analyst Does it still hurt when I laugh? (Yes) Yes folks, once again Edmond J. Bugos presented to the clientele at the Le Metropole Cafe of Bill Murphy a presentation that not only matched his previous one that i mentioned where he told us with great precision in hard cold facts in such a way that even as our faces turned ghastly as we received such horror, Ed once again spoke without a smile, keeping a straight face and biting tongue so that he would not brust out in an uncontrollable fit of insanity laughter w/ crying dry tears. Just like the last time, the crowd at the Le Metropole Cafe enjoyed Ed's talk and once again gasped in horror to realize that eventhought their worst fears have come true, they atleast have the satisfaction of knowing they were correct. The last time they decided it was ok to stay out late since The End had arrived as they understood after listening to Ed, and now this night they concluded that since The End already happened and passed, that staying out late again was also ok to do. The Hemingway Table, US Financial Markets Topic du Jour, Edmond J. Bugos A Weekly Outlook and Analysis of the Global Investment Climate Dead Reckoning Some people believe rhinoceros horns have...--Gene Callahan Our title today has a few undertones... it is actually a boating term... when all systems are down... ... in this instance, the straight line leads directly to dollar obliteration... ... the more persistent notion crossed my mind that within Mr. Callahan's paragraph perhaps lay the framework for the Fed's psychosomatic strategy to bury the gold standard. The idea that there are three dependent but hierarchical levels in which capital may be defined is stimulating thought on its own. To conclude that something with certain physical properties, for instance, can be defined as capital by virtue of... To us, this is equally interesting as it is disturbing. For, to think that there exists such a plan to manipulate the highest order of that hierarchy, borders on evil. But to know that such a plan exists. That must be quite the load for anyone with a... Let me try to explain what I am getting at, it's important I think. The first question I would have for me is, "when are you going to rap this nonsense up Bugos?" Just kidding. But why do these particular conditions make gold valuable as a monetary asset? Follow me. Unlike Rhino Horns, Gold Is not a... There can be only three explanations for that: 1. There is no inflation and all of the above is rhetoric. 2. Gold prices are directly manipulated, and 3. there exists a deliberate misinformation campaign (include financial alchemy in here) aimed at persuading us that we do not need rhinoceros horns. Number four could be... ... of course, for the record, he is referring to the "unified" budget surplus. Darn it. Now I understand why everyone runs around Washington using the word surplus, as if it were real. They have invented an adjective to act as a disclaimer. Now they can lie to us with a straight face. For the word "unified," includes social security receipts, which are not really intended to go towards paying down the debt, otherwise we would be... today, wouldn't we? ... we know what to do. To be sure, this is a silly game for Wall Street, because if you ask us, the real play is in *, and other . What do you think that prices will do on a rate cut like that? Yee-hah!! ... Yeah, c'mon, gee... new economy or *? What does your gut tell you? Do not forget to take into account the fact that... Sincerely, Ed Bugos GoldenBar The GoldenBar Global Investment Climate is not a registered advisory service and does not give investment advice...