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

To: d:oug who wrote (86679)	6/9/2002 9:43:46 PM
From: d:oug	Read Replies (1) \| Respond to of 116835

...called a math wizard from another firm to sort it all out. . Gold share investors beware! . ... received input on the Ashanti hedging fiasco. It was so screwed up that advisor Goldman Sachs could not figure out what to do with it even though they were one of the banks that devised Ashanti's hedgebook. They needed to call in a math wizard from another firm to sort it all out. . Subj: Adam Hamilton - Gold Stock Investing 101 Date: 6/8/02 From: LePatron@LeMetropoleCafe.com To: dougak@fuzzymath.com . Adam Hamilton has served commentary The Kiki Table entitled, "Gold Stock Investing 101." . "In his fantastic new "Gold Wars" book mentioned above, Mr. Lips reports that once-strong Ghanan miner Ashanti Goldfields, which was ruined in the sharp gold rally in September 1999, had entered into no less than 2,500 separate derivative contracts with 17 different banks! As I have explained in depth in past essays, derivatives can..." . Adam is correct. . The gold derivative neutron bomb is going to blow and it will be very dangerous. . This week in Vancouver I received input on the Ashanti hedging fiasco. It was so screwed up that advisor Goldman Sachs could not figure out what to do with it even though they were one of the banks that devised Ashanti's hedgebook. They needed to call in a math wizard from another firm to sort it all out. . All the best, . Bill Murphy Le Patron, LeMetropoleCafe.com Chairman, Gold Antil-Trust Action gata.org

To: d:oug who wrote (86679)	6/9/2002 10:51:32 PM
From: d:oug	Read Replies (1) \| Respond to of 116835

Sunday's Miami Herald reports on GATA and the gold price. . Bugged by gold: A simmering debate on the economics of gold has taken a turn BY JANE BUSSEY Miami Herald June 9, 2002 ================================================ 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