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

To: Zardoz who wrote (22681)	11/6/1998 12:36:00 PM
From: long-gone	Respond to of 116762

No, I did not even mean to imply that You work for the fed or greenspan. I do say, that you wish to stop every gold rally. Perhaps, you may well work for "them". As for my conspiracy theory, I do not blame 1) FreeMasons,2) One world Government, 3) Or even this current Presidential administration,4) the U.N., or 5)flying saucers. I do not think, that the recent actions to manipulate POG had anything to do with anything any more sinister than the oldest motive - PROFIT. Now, as to the facts, "they" had more representatives on every investment TV show and in every publication for two years giving advice to not invest in any form of gold! This was done while they were profiting from a lower gold price, without any type of disclosure what-so-ever! "They" were Meryll Lynch, Goldman Sachs, U.S.B., and many others that were invested in L.T.C.M.! During this time, Swiss govt. officials also speculated on the sale of gold(though we now know this is impossible under current law) and A Govt. official from Italy speculated on sale of their gold. Of late, the S.E.C. busted several who were paid shills motivated the investments of others for their own profit. When these people did not disclose their full profit position before giving advice they broke the law. Why is it against the law when these little scum did it and not when the big boys did it? rh

To: Zardoz who wrote (22681)	11/6/1998 8:29:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116762

Hutch, I have found kaplan's review of COT to be very accurate....your comments please. "As of November 3, 1998, released at 3:30 p.m. on November 6, 1998, the commitments for COMEX gold futures show commercial insiders long 113,225, short 100,392; speculators long 9,917, short 27,612. Small traders included in the numbers above were long 36,061, short 31,199. The average historic ratio for commercials is 2:3 long to short; for speculators, 2:1 long to short. Commercials have switched from being substantially net short to modestly net long in just two weeks, which marks a startling shift in position, and confirms that commercials are committed (pun intended) buyers at all prices below $300 spot. In addition, speculators are nearly 3:1 short to long, with fewer than 10,000 long positions, representing a very limited pool of potential sell stops to be triggered in a downturn. Therefore, this indicator has been raised substantially to SIGNIFICANTLY BULLISH."

To: Zardoz who wrote (22681)	11/8/1998 1:09:00 AM
From: Alex	Respond to of 116762

Pro-Euro Campaign in Shambles in Britain no on wants to be "Mr. Euro" THE launch of a high-powered campaign to sell the single currency to the British public has been cancelled because organisers are struggling to raise funds and to find anyone willing to lead it. Pro-euro ministers including Gordon Brown, the Chancellor, are increasingly alarmed that the growing crisis within the "Britain in Europe" team will destroy the Government's plans to join European Economic and Monetary Union shortly after the next general election, a policy which is at the heart of New Labour strategy. The launch of the campaign, originally scheduled for November 23, has now been put back until next year. The delay follows the failure to attract senior businessmen and high-profile Tories into its most important positions. Sir Bryan Nicholson, the former president of the Confederation of British Industry, has already firmly declined the chance to lead the campaign. Lord Marshall, the chairman of British Airways, who had been lined up as an alternative candidate, is understood to be stalling on any decision. Kenneth Clarke, the former Tory Chancellor, has also refused to be joint president, prompting fears that the campaign will not achieve its aim of becoming a cross-party movement. The role being played by Lord Hollick, the campaign co-ordinator, is attracting particular criticism from ministers who complain that his partisan allegiance to the Labour Party, as well as his "personal style", have alienated business support. One Government aide said: "Hollick is a successful entrepreneur but the skills needed here are consensus-building, and I'm not sure he is suited to this job." Lord Simon and Lord Sainsbury, the former businessmen brought into the Government as trade and industry ministers, are among those understood to be most critical of the campaign. But both Mr Brown and Peter Mandelson, the Trade and Industry Secretary, have also been alerted to the campaign's difficulties. The European Movement, the pressure group providing most of the campaign organisation, has so far raised just a fraction of its £20 million fund-raising target. There is mounting ministerial concern that the money available to the pro-EMU campaign is being dwarfed by the sums raised by Euro-sceptic groups. Many businesses have been unwilling to commit themselves to the campaign ahead of a firm timetable from the Government on EMU entry. Last week's overtly pro-EMU speeches from Mr Brown and Mr Mandelson at the Confederation of British Industry conference were an attempt to address this - but Tony Blair remains reluctant to tie the Government to the euro until he is convinced it has public support. A spokesman for the European Movement last night denied that the Britain in Europe campaign had run into trouble and said a statement by around 100 leading businessmen backing the euro would be published this month. The London Telegraph, Nov. 8, 1998