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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Richnorth who wrote (14244)	5/24/2001 10:37:02 PM
From: Richnorth	Read Replies (1) \| Respond to of 14627

Some more GATA stuff for all:- Facts, Evidence and Logical Inference A Presentation On Gold Supply/Demand, Gold Derivatives and Gold Loans By Frank A. J. Veneroso Reg Howe's lawsuit and this document are the two of the most important documents ever presented in the history of the gold industry. You know all about the importance of Reg Howe's Complaint already. This is the report that THE GOLD CARTEL DOES NOT WANT YOU TO KNOW ABOUT!!! YOU, many of the gold producers, the gold producing countries and the investment community. Frank gave this presentation at the GATA African Gold Summit. It has now being presented to The Cafe. If you have a color printer, I hope that you will present it to the investment community and to gold producers outside Africa. GATA will take care of Africa and all those we contacted for the summit. That includes all the mining ministries of sub-Saharan Africa. If you want to make a killing in the markets, take a good amount of time and read this report a few times. Do your homework. This report lays out very logically and very clearly why the price of gold is going to explode. Now, that GATA is exposing The Gold Cartel all over the world and some very strong hands have come into the arena to take the cabal on, the big move is underway. The price action and the surge in lease rates tell us so. The Gold Syndicate knows that Frank Veneroso is RIGHT. They know GATA is RIGHT. That is why they are taking on the powerful bullion banks. That battle of the titans is on. Our camp is going to win this one. GATA is getting the press now about the manipulation. The stories about Reg going into discovery are spreading. Help GATA and help yourself by getting this report to the big money crowd. The price of gold is going well north of $600 per ounce. Who does not want to be along for that kind of ride? "I have had interviews with the press. After the interviews, its has always turned out that the articles were killed. I have requested debates with Goldfields Mineral Services and they have refused to show up. I have asked the World Gold Council to fund pertinent research studies and they have not responded. I never get a response that counters the evidence that I can bring forward. I simply get extreme silence. Only GATA has looked at this evidence and taken it to the public, and so, as a result, I feel it is incumbent on me to present it once again in their forum because I think that it represents evidence of very large undisclosed official supplies in the market that is systematically ignored. If there are any producers here who have influence on organizations like the Gold Council---if you find this persuasive---you should go to them and say, "Hey, listen, this guy has real evidence. He may not be right but it poses serious questions. It should be addressed. Why isn't it being addressed?" "Now we have a conservative set of gold lending numbers and we have a more aggressive set of such numbers. Our range of estimates implies that somewhere between 10,000 and 16,000 tonnes of the official sector gold position has left those vaults by way of the lending process." "And you can see that these are very substantial percentages. In the more aggressive case, almost half of the central bank's gold has left those vaults and it is now flowing out at a pretty rapid rate. So not only have we depleted the central bank physical gold stock more than most people have thought, but what metal is left in the vaults is diminishing at a more rapid rate than people think." "Now why do we think this? I am going to give you six pieces of evidence and lines of reasoning---more or less independent of one another---that lead us to this conclusion."