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


To: paunch13 who wrote (89244)9/4/2002 12:55:53 AM
From: d:oug  Respond to of 116927
 
John, "has filed a suit against..." I just checked out both
Bill Murphy's LeMetropoleCafe and the GATA messages
at Yahoo, and no mention of what you heard. I do have
to admit that this type of talk has always been food for
thoughts, but never attached to any in-progree legal action
that can be located for verification and status.
Mostly of the type "... they are looking into.."
The Russ Winter and 4FigureAu mining threads are very
focused on both the mining and business real facts,
and eventhought ABX is not one of those discussed
since they are really focused on trading to make short
and long term money on the speculation angle, i don't
remember any hints or what-ifs on ABX to wait & listen
for news-in-the-making. My personal views is that this
thread has had too much speculation on Barrick that
caused many including myself to over react and go onto
one side fighting the other side. Everything will come out
in the near future since a paper trail and even if Barrick
really has a no lose position with their hedging vehicles,
that as we all know, when things go bad it will mean that
someone or company someplace will receive the short end
of the stick. Its very possible that ABX using what is legal
was able to protect itself from the doom & gloom Gata has
discussed as a bad future for Barrick if the gold price explodes.
If so the Barrick ABX shareholders will not be hurt. For myself
i do not really factor in a crash & burn Barrick as needed since
i know that more than enough hurt & pain will be delivered to many
persons once the gold manipulation is ended and the light of truth
is turned on. Guess my message here is that legal action taken
or not against Barrick is an event far to much in the background
since we saw the Howe lawsuit get stopped in its tracks.
But the beat goes on and even the Howe lawsuit will be reviewed
in detail later once it becomes knowned that the United States
has allowed the criminal transfer of the people's physical gold
into the hands of nations that view the United States with contempt
to the extreme of wanting it to die. Really made me wonder why
certain folks bashed the Howe lawsuit when it was an immediant
way to stop the transfer of America's gold into the hands of the enemy.
Guess Gata Bill Bashing was more important than the so called
"I'am for the United States." line they gave. Almost as if they
are high on top of a truck waving the flag and giving a fence test
to others to prove their support towards the United States,
and this while the truck is carring away America's physical gold
to the enemy. Lets see, while they bashed GATA while standing
on top of that truck, they were actually helping that truck take away
America's gold.

doug