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To: Bill Murphy who wrote (26595)1/20/1999 10:28:00 PM
From: jgibbs  Read Replies (1) | Respond to of 116759
 
Bill,

Cobra posted the following on the Kitco board today. Where can I find the information regarding the gold short amount as it relates to the COMEX gold contracts? Is it readily available? Since I am not registered there I cannot ask him. If what Cobra reports is accurate, the amount short seems substantial. Do these shorts have to be covered or what?

JimG

<<A last minute rush to get into gold stocks and OUT of the Dow stocks at the close. The Volatility Index was acelerating upward at the close too. Tommorrow may be an interesting day. You may remember last Friday there were 8,500,000 oz. of shorts in the Feb AU COMEX Gold contract, YES, that was eight and one half million short oz. First notice day for the Feb AU is Jan 29th. Something is up.
CoBra>>



To: Bill Murphy who wrote (26595)1/21/1999 6:48:00 AM
From: long-gone  Read Replies (1) | Respond to of 116759
 
Topic change:
All:
OK, Before I'm accused of "useless fear mongering " let me give all the tie-in here. Domestic bees provide up to 80% of the pollination for food crops. The "killer bee" from Africa provides man with a far less productive pollenizer and displaces and interbreeds with domestic bees. All areas which have become plagued with these African bees have reported far lower crop production. Yet another problem for Southern CA. agriculture - expect yet a higher cost of fresh and dried fruits, tomatoes,peppers,
cotton & alfalfa - not to mention honey.

Killer bees hit L.A
California is the latest southwestern state to be infested

<Picture>Colonies of Africanized honey bees, known as killer bees, have now been discovered in metropolitan Los Angeles

<Picture>RELATED VIDEOCNN's Jennifer Auther tracks the killer bees
Windows Media28K56K

January 14, 1999
Web posted at: 4:22 p.m. EST (2122 GMT)

In this story:

•Five deaths •Related stories and sites

LOS ANGELES (CNN) -- Killer bees have come to Los Angeles, the first major metropolitan area in the United States to be officially declared colonized by the potentially deadly insects.

Southern California now joins four other southwestern states where Africanized bees -- dubbed killer bees because they are more aggressive than ordinary bees -- have been spotted.

"I ran, but they were following me," said a little girl in Lawndale, a community where Los Angeles County's first known colony of killer bees was found in an apartment building last month.

Since then, the bees have colonized an area covering 1,010 square miles, including 76 cities and 23 unincorporated areas. Cato Fiksdal, chief of the state Agriculture Department, said he expects the entire county to be colonized by the end of the year.

"The declaration of colonization does not really change anything but puts the county residents and agencies on a higher level of alert regarding the presence of the bees," he said.

Throughout Southern California, more than 34,000 square miles have been colonized with killer bees, including all of Imperial, Riverside and San Bernardino counties and parts of San Diego County.

Five deaths

<Picture>

Killer bees also have made themselves at home in Nevada, Arizona, New Mexico and Texas.

Five people are known to have died from killer bee stings nationwide since 1990, the last in April 1997 when a 72-year- old man was attacked at his mobile home in Casa Grande, Arizona.

It takes a trained eye to distinguish between Africanized bees and their less aggressive cousins, but pest control experts say that when the killers arrive, they take over.

"They're not passing through," says Lance Davis, a professional killer bee remover in the Palm Springs, California, area.

In fact, he told CNN, within 10 hours after a swarm enters a home or structure, the bees can have some honeycomb built and eggs laid. After 21 days, as many as 2,000 eggs can begin hatching.

To defend against infestation, Davis recommends that businesses and homeowners plug holes and use screens to bee- proof their structures.

"Anything an eighth of an inch or larger (and) they can get in," he says.

Davis and his crew don't wear protective suits on the job. They use smoke, which causes bees to gorge themselves with honey, and become lethargic, making it easy to dispose of them through a suction device that works like a vacuum cleaner.
cnn.com



To: Bill Murphy who wrote (26595)1/25/1999 10:52:00 AM
From: long-gone  Read Replies (1) | Respond to of 116759
 
<<I would love to hear more of that. I signed him up as a client years ago,but never spoke to him personally.
Maybe you could send the latest Midas to him. Love to have more mainstream support. I think Homestake can afford $99, even if Mr. Von Fynk ( sp ) has reduced his position in Homestake.>>
ot (maybe)
bill,
had to check back on this statement, yes reduced - but only from 30M to 21 M shares. Still rather bullish on gold stocks the way I read it.
rh