Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: d:oug who wrote (62702)	1/19/2001 7:34:07 AM
From: d:oug	Read Replies (2) \| Respond to of 116753

Reuters story on BIS cites GATA/Howe lawsuit. This supplements the Gold Anti-Trust Action Committee's web site gata.org and keeps interested parties advised of developments involving the lawsuit it is now bringing against those it accuses of illegal collusion to control the price and supply of gold, other commodities, and related securities. [Start of Warning.] Gata's egroups messages contain items which you the viewer could interpret as inappropriate for distribution using the thread posting feature of Silicon Investor. This Gold Price Monitor thread on Silicon Investor has no other item more on-topic in the gold markets that the activities of GATA. GATA - Civil Rights and Educational Organization GATA hopes that it will be successful and contribute to the undoing of those hardships inflicted onto the people of Africa as a direct result of the collapse of their gold mining industry as the price of gold has been manipulated in a criminal manner to remain under a price to allow their nation to care for itself. A perception of the forest while ignoring certain trees may allow people interested in learning current status of GATA to obtain specifically that information while ignoring the person Bill Murphy attempts to shake rattle and roll from you contribluetions. To put this into more direct words, a solicitation for funds to facilitate the execution of the Reg Howe's (Howe/GATA) Complaint which was filed at the Federal District Court of Boston Massachewettes. Please exit this post with concerns generated from above. [End of Warning.] Reuters story on BIS cites GATA/Howe lawsuit. egroups.com GATA dispatches are archived. egroups.com Membership is free. This is a mailing list. Members: 1264 DALLAS--(BUSINESS WIRE)--Dec. 11, 2000--A lawsuit filed in U.S. District Court in Boston with the support of the Gold Anti-Trust Action Committee accuses five investment houses, the Bank for International Settlements, and top officials of the U.S. Treasury Department and U.S. Federal Reserve Board of conspiring to suppress the price of gold. The lawsuit gata.org charges the defendants with price fixing, securities fraud, and breach of fiduciary duty. U.S. government officials are accused of exceeding their constitutional authority

To: d:oug who wrote (62702)	1/24/2001 3:55:35 AM
From: d:oug	Respond to of 116753

Open Post 2 hutch-chew = Let me helpU loosen your GaZoonTight. Message #62702 from Doug A K at Jan 16, 2001 aTime for hutch-chew(Gazoon-2-Tight?) to prove false... [GATA's claim] to confirm the manipulation of gold's price. This supplements... ... [End of Warning.] ... chart that tends to confirm the manipulation of the price of gold. egroups.com egroups.com +++++++++++++++++++++ --- ok Hutch here it is, spelled out in Simple English. --- +++++++++++++++++++++ The James Joyce Table Gold, Commodities, Midas du Metropole Topic du Jour January 23, 2001... ... A Very Bullish British Gold Auction? As far as these British auctions go, the results are completely irrelevant. I think Reg Howe and Don Lindley have it nailed as shown to the Café recently in a chart at the Dos Passos Table. (url to the chart) egroups.com The gold at the British auctions is sold at the lowest price and it is not revealed who the buyers are. The auctions conveniently coincide every two months just after the Comex option expiries. What appears to be happening is that much of the gold is fed to the dealers who then sell calls to other dealers, traders, etc, who, in turn, delta hedge these calls by selling a certain amount of gold. The bullion dealer buyers of the gold at the auctions use that gold for their own delta hedging purposes instead of going into the futures markets on the buy gold side - which would be supportive for the gold price. That is most likely why gold was bombed today after a supposedly very successful auction. The question still remains... MIDAS LePatron@LeMetropoleCafe.com Copyright 1999, 2000 Le Metropole Cafe Bill Murphy, Chairman Gold Anti-Trust Action Committee Inc.(GATA)