To: sea_urchin who wrote (1321 ) 10/2/1998 9:59:00 PM From: Bill Murphy Read Replies (1) | Respond to of 81518
Hello Searle, I am drinking some wonderful red wine here as I watch your commentary. Thank you very much. I would appreciate it if you could keep me abreast of what is going on there. It is important. That is the beauty of the Cafe or SI, that we can do such things. I am going to come out tomorrow in my Midas du Metropole commentary with what I think is the scoop of scoops from a financial standpoint. To me it is obvious, like 2 plus 2, but I believe the central bankers of the world and the bureaucrats of the world do not have a clue as to what I am going to talk about. My discovery, if one can call it as such, puts a big smile on my face. I suspect it will put frowns on others. That discovery has been there for all the bankers to see,but they have been blind to the sophisticates of the world( Long Term Capital's financial mental midgets- call a spade a spade - is an example ) and they are blind to the idea that maybe they have lent out too much gold. And it is going to cost them dearly, I think. This whole thing makes me puke from a personal standpoint. As you know, I lost my big bucks because I was as cantankerous and stupid as these former fed governors and noble prize winners. My play was copper. I loaded up with options, futures, and bull spreads at 60 cents in 1987 The price of copper went from 60 cents to $1.46, back to 87 cents, and then back up to $1.46. I was long 6,000 contracts including options and spreads. The trade knew it and I could not get out, and they buried me on the dip. These stiffs ( Long Term Capital ) cannot get out either. Yet, they get help from our government. Where was the government when the big specs and copper trade had me by the balls and a couple of mill could have saved me $20 million? I am going to do everything I can do to expose this to the media, to let them know what the real story is. Gold bulls rejoice. This is the real thing and you have one committed avenger to expose it. all the best, bill