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To: The Street who wrote (86518)	6/6/2002 8:20:17 AM
From: long-gone	Respond to of 116830

Rense.com -------------------------------------------------------------------------------- Gold/Stock Market Manipulation - Plunge Protection Team At Work? Commentary Certified Mint Inc. 6-6-2 Today, the gold market saw the price correction that many analysts, especially those with bearish biases, have been predicting since gold crossed $290. Actually, the drop started last night in the ACCESS, an electronic system operated by NYMEX where gold trades along with the Asian and the Australian markets. (ACCESS lets the New York houses keep a piece of the 24-hour gold market. NYMEX owns ACCESS, and also COMEX. ACCESS closes 20 minutes before the COMEX opens, where the exchange members make their really big money.) Shortly after ACCESS opened, some 700,000 to 800,000 ounces were dumped. The always politically correct World Gold Council suggested in its Daily Commentary that the selling was due to technical analysis. Some analysts immediately saw the work of the Plunge Protection Team (PPT), which they say has conspired to keep the Dow Industrials from collapsing and the price of gold from skyrocketing. Here,Äôs one private analyst's view: Richard Russell (Dow Theory Letters) has commented on the fact that every time the stock market gets poised for a major break [down], someone (PPT?) rushes in with a well orchestrated plan to counter the bearish move. Tuesday was a perfect example of this, because after the market action on the previous Thursday and Friday failed to turn the tide back up, the action on Monday looked very bad, forcing the PPT to a special effort on Tuesday. During the day, they persuaded Barton Biggs to put out a bullish statement on stocks. Biggs has been a bear, and I personally doubt he has seen enough evidence to change his mind without sufficient arm twisting by the Wall Street establishment. After all, he is part of that club, and he has been on the outside in the past few months. I feel certain his reversal went a long way to bring buying into stocks with other actions by the PPT. Next there was a bear raid on the price of gold after the New York close (the dumping of 700,000 to 800,000 ounces). To aid in that bear raid, someone got to Caroline Baum and persuaded her to write an attack on gold ownership. It seems very convenient from the standpoint of the PPT that Richard Russell's voice was stilled at least for a little while when his website went down. I have wondered for some time how the "Powers that Be" could let Russell preach the bear case for stocks, the bull case for gold, and expressly expose the fraud imposed on the world by the fiat dollar, without somehow trying to close him down. Is it possible the PPT hacked his website? All of these efforts to change the bearish tide in the stock market and the bullish tide in the gold market are nothing more than delaying tactics in a financial war where short term battles are won but the war will ultimately be lost as unalterable forces push events to their inevitable conclusion. Now, the question: is this the correction or is it the first day of a correction that will last for weeks, perhaps bringing gold back to the $300 level. Most assuredly, the bears will see this as the start of a major correction. Some will declare gold's rally to be over. Like the recession that never was, to the bears this will be the rally that never was--if gold is driven significantly lower. However, like the analyst noted above said, these are delaying tactics by an army that is losing. In the end, unalterable forces will push events to their inevitable conclusion. Paper money will not--cannot--triumph over gold. Investors need to prepare for what's going to happen over next three years, not the next three weeks or three months. goldstatistics.com rense.com

To: The Street who wrote (86518)	6/7/2002 2:42:44 AM
From: d:oug	Read Replies (2) \| Respond to of 116830

Message from The Street... Don't post the shit if you are not going to post the whole article... Message 17569988

To: The Street who wrote (86518)	6/8/2002 2:40:20 AM
From: d:oug	Read Replies (3) \| Respond to of 116830

Central Fund issues shares to buy $50 million in bullion ================================================ Warning Warning Warning Warning Warning Warning Warning ================================================ Click below url for access to this story, but be warned, source is GATA ( Gold Anti-Trust Action gata.org ) a civil rights and educational organization (USA) and contained is a solicitation. Please "Next" now if you find such harmful. groups.yahoo.com

To: The Street who wrote (86518)	6/8/2002 11:21:31 AM
From: long-gone	Respond to of 116830

Mexican economy shows signs of recovery Wed Jun 5, 4:06 PM ET MONTERREY, Mexico - The Mexican economy is showing signs of recovery, but it will take time for improvement to trickle down to the job market, the head of Mexico's central bank said Wednesday. The country's manufacturing sector has been the first to show signs of recovery because of strong ties to the U.S. economy, Bank of Mexico Governor Guillermo Ortiz told business leaders during a meeting in the northern city of Monterrey. Analysts expect conditions to improve within six months. Exports have shown significant monthly gains in the first four months of the year, but consumption has not shown a vigorous comeback, Ortiz said. Ortiz said he expects gross domestic product to grow by nearly 2 percent this year, though foreign investment continues to be running below last year's levels. Inflation has been running at an annual rate of 4.7 percent, but that was better than expected: Officials had planned for an inflationary bubble at the start of the year and expected it to climb as high as 5 percent, Ortiz said. Further easing of monetary policy does not appear necessary at this point given that interest rates are low, Ortiz said. "In this environment of uncertainty at the world level, certainly the government has no intention in the near future of once again easing monetary policy," Ortiz said. From April 9 to May 31, the peso fell 7.3 percent against the dollar, but that has not affected inflation so far. "We are no longer subjects to the pressures and nervousness that we had before," Ortiz said. story.news.yahoo.com