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

To: long-gone who wrote (67743)	4/17/2001 1:01:13 AM
From: goldworldnet	Read Replies (1) \| Respond to of 116762

GATA GOLD SUMMIT By Bill Murphy, Chairman Gold Anti-Trust Action Committee Inc. April 16, 2001 Gold producers around the world have been invited to the GATA African Gold Summit in Durban, South Africa, on May 10. In the past, when asked about the manipulation of the gold market, many gold producers have told their shareholders that they have found no evidence of gold market manipulation. That is about to change. The conference in Durban will be their opportunity to review the evidence first-hand from a variety of experts. One of the speakers will be Frank Veneroso of Veneroso Associates. He will reveal documentation that the central bank gold loans are two to three times the official estimates. These loans have been used by the Gold Cartel to hold down the gold price to the detriment of so many. Since the mainstream gold world admits to only 5,000 tonnes of central bank gold loans, Frank's presentation will make clear that something is severely amiss. It is what the Gold Cartel does not want you to know. A portion of Frank's awesome Power Point presentation may now be viewed at www.GATA.org web site under "South Africa." The exact address is: gata.org Gold and gold share investors have been the laughingstocks of the investment world for many years. That should not have been the case and would not have been if not for the irresponsible and in some cases illegal actions of certain banks. The conference in Durban is the opportunity for the gold industry and affected parties, such as the South African miners, to turn it all around, as we will offer an action plan pursuant to our presentation. Once the politicos and mainstream investment world realize what has actually happened, the price of gold will rise sharply. It goes almost without saying that the benefits to gold and gold share investors will be extraordinary. The summit committee has invited many of the gold producers to inspect the evidence. The day of "see no evil, hear no evil, speak no evil" must end. It is time that action is taken on behalf of the shareholders instead of the bureaucrats and bullion dealers. Since some of the gold producers may not be able to attend, we are asking them to pay for what it would cost to send one or two people to review the documentation that will be presented. The information will be forwarded to them and I will be available over the next month to field any questions. The preparation and cost of the Durban event are extensive. We need their support. In addition to our support staff in Durban, five people with a combined 150 years of experience in the areas to be discussed are taking days out of their busy schedules to make presentations that can change the gold industry forever. What could be more important to a gold producer's chief executive officer? The Gold Anti-Trust Action Committee asks for the support of shareholders around the world. Please contact the companies invited to the conference and urge their attendance and review of the evidence. The following companies have already confirmed that they are sending representatives, so they need not be contacted: Avgold Durban Roodeport Deep Harmony Gold Mining JCI We are waiting for responses from: JC Gold Mining Caledonia Mining Gold Fields Randgold Resources St. Helena Gold Mining Sub-Nigel Gold Mining Witwatersrand Gold Mining (Two executives from Western Areas and Anglogold cannot attend, so we are re-contacting them to see if someone else from those companies can take their place.) Agnico-Eagle Mines Ashanti Barrick Gold Bema Gold Buenaventura Cambior Campbell Resources Dayton Mining Echo Bay Mines Freeport McMorRan Copper and Gold Franco-Nevada Glamis Gold Goldcorp Gold Reserve Golden Star Resources Homestake Mining Kincross Gold Lihir Gold Meridian Gold Newmont Mining Normandy Mining Placer Dome Richmont Mines Rio Tinto Southwestern Gold World Gold Council All gold producers are welcome. If you know of any that would like to attend that we have not invited or that wish to receive the information presented in exchange for a contribution, please contact me at LePatron@LeMetropoleCafe.com. This is a one-shot affair and can make a lasting difference. The more the gold industry participates, the greater the success it will be. Investments in gold company shares can become the investments of a lifetime if only the chief executive officers will come and listen. The gold price should be $600, not $260. It will be $600 once this information is understood and disseminated. It is the hope of the Gold Anti-Trust Action Committee that gold shareholders everywhere will seize the day by contacting the world's gold producers. Ask them to review Frank Veneroso's presentation at the GATA web site and then urge them to attend the conference. The gold whistle is blowing. It's game time. Please send this email to every gold company, every gold site, and every gold shareholder you can think of. This is your call to arms. We all can make it happen. Let's do it! When you go to www.GATA.org, please allow some for downloading the Veneroso presentation, as the graphics are extensive. -END-

To: long-gone who wrote (67743)	4/17/2001 11:01:30 AM
From: lorne	Read Replies (1) \| Respond to of 116762

Kyoto decision tests America's metal PLATINUM AND PALLADIUM PRICES FALL AS MARKETS BET AGAINST CATALYTIC CONVERTERS " Over the fortnight since the US president's decision was announced, both platinum and palladium prices have plunged to eight-month lows - more than 20 per cent and 45 per cent from their respective highs in January this year. " Full story >>> globalarchive.ft.com

To: long-gone who wrote (67743)	4/18/2001 6:32:17 AM
From: E. Charters	Read Replies (1) \| Respond to of 116762

Gold is Multivalent. An Essay. ------------------------------- Likewise. Gold is one commodity against what other things are measured. Its uses and scarcity are relatively invariant so it should not become inherently more or less valuable with trading. It is however like a lot of commodities subject to monopolistic control. As such in recent years it has been the victim of unprecedented and determined devaluation. The perceived intent of this is to change the focus of the consumer and investor to evaluating the dollar as the arbiter of value, so that its currency becomes trade monopolistic one could say. The fallacy of this approach is that the overabundance of dollars will eventually tell in all places it seeks to establish value. This has recently been in the market. Value can only be established by trade, not by fixing currencies at some gold price, or fixing prices of commodities. This is patently because value can only be a perceived condition. It is based on need, not dictation as no one can dictate another's needs. The dollar is only a medium of exchange not an arbiter of value. You could use gold however as an arbiter of value and medium of exchange as it condition and scarcity is well known and at its value, it is very transportable and easily valuatable compared to say, rubber. Psychologically speaking, the past rise in market prices paradoxically has showed the low value of the shares it bought - not the high! As prices accumulate what is really meant is that the dollar is falling in value relative to that bought thing. It cannot be otherwise. Value is fixed always. (Future value is not considered here.) A supposed shrewd investor might never pay more than a thing could be calculated to be worth and would argue (if the gov't is correct that its dollar is worth a dollar at anytime) that a calculated bid by earnings or whatever, is a good one against the perceived value of the dollar. If he would pay more then he is in effect saying, regardless of competitive bidding, that his dollars are falling in value. In exchanging falling value dollars he is exchanging worthless paper for other paper of much of the same perceived lack of worth! (we are not saying he is correct in his thinking just that the exchange is like for like as a perversity of good thought) So he is throwing bad money after bad paper in turn. This is perhaps because he unconsciously feels that the paper will devaluate as the dollar that buys it has already! Never mind what he tells you. He has to see this in his "real" mind. His subconscious mind is in control not his logical override. "Throw the paper away on paper before it becomes worthless entirely." (He also says money has a time value. i.e it devaluates.) So we see that his actions of known risk are psychological devaluation of the currency itself. When people spend money they say they are buying commodities (which are inherently disdained) or spending on liabilities (cars etc..) which lose value. Thus trained to despise the currency and what it buys investors robotically buy stock that must in turn becomes worthless as what they normally spend money on! (Why does gold not have a time value if it represents money? Because it is a commodity of constant value. It is not so special in this. Barring unusal demand or scarcity we could say all commodities may exhibit constant value ... They don't because their uses and scarcity may be variant.) Every single investor in the tech market was hypnotized by this concept. If asked he would dutifully say that of course the market was a bubble and of course it would rationalize. He could not however say why, then, he invested at all any further. His buying hand was stuck on the button that unconsciously told him to rid himself of what he did not know he despised. The dollar. In his pathetically conditioned mind he could not see exchanging worthless dollars for worthwhile investments as that would be dishonest! - to his conditioning! Could 80% of the investing public be this contrary to sense? Well many believed the earth was flat for centuries and that putting one's hand into scalding water was proof of guilt or innocence, so yes.. people are that dumb and the psyche is that complex. The banker who pretends to despise gold in his zeal to drive it into the ground by massive selling, secretly (unbeknowst to himself) in his unconscious mind, worships it and respects it with holy zeal. It is his avowed enemy of his conscious psyche and his secret friend when his mind dreams and his unconscious state is alive. Sneak into a central banker's bedroom at night when his syes flicker in deepest dreams and you will hear him moan softly. "Gold Gold Gold, how you shine, oh gold, gold, my adoration, my love, gold. sknnnnx, sknnnnx sknnnx.. uuughhhhold ughooold, labulsishsknnx ah ah oooh ahhh gold oooohhh (his eyes flicker faster) Goldie is that you? Oh pretty one, come here.. how nice and cold you feel .. goldie...aaaaahhhhh Think about it. Why, if the banker feels gold has no value must he sell it so passionately to devalue it amongst like minded people? It it had no value all his gold would be worthless so he could not sell it. He would be bereft. He cannot believe that only he knows it is worthless. Surely he would be dishonest to sell worthless gold to an unsuspecting rube? So in his passionate selling and divestment of it as an arbiter, he admits that it has dangerous value in comparions to his overstocked commodity, the dollar. He is selling it to make his dollar look good. So gold selling is because of having too many dollars. Now we know. *************************************** Money is despised by all. Filthy lucre. Dirty money, fast money. The almightybuck (derisive), he worships the dollar (disdain) "easy money " etc... You never hear beautiful money, good money, etc.. Gold. Shines like gold. Worth its weight in gold. Hair like gold, Precious metal etc.. We see that gold is praised and money despised in the "heart of hearts" or the subconscious as Freud said. Gold is shiny and pretty isn't it? It never rusts. It's very useful as a metal. You can plate a Cadillac entirely with it and not take away the car's value one iota. It is very heavy. If you take a fistful of gold and hurl it at someone with all your might, he will become very unhappy. You cannot do this with with a fistful of greenbacks. It is good, gold There can be no question. In or mind's heart we know that gold is as good as paper, rubber, steel, water, diamond, gas, or anything else we may want or need. Gold is almost as good as love. These things establish the valuations of that which we seek to use to index it by and not the other way around. The consumer price index is really the buyer's dollar index. Except for scarcity, worth cannot change much in the end. Tons of gold. A veritable mountain. It is at the end of our fingers and within our minds capabilities. Believe and achieve. EC<:-} (note. All typografical erros and speling mistaks ar on perpose in ordur to raise yer conshusness to the valew of gud gramar, propur dickshun and sound edukatshun wich I'm bettin neether of us got way to much of.) mailto:echarters@primus.ca