| To: DON who wrote () | 5/11/2000 12:20:00 PM | | From: jocko | | | |
Why do I get the feeling ..... nobody's home :-)
1a EDT Thursday, May 10, 2000
Dear Friend of GATA and Gold:
On Wednesday the GATA delegation to Washington met
with high officials of Congress and their staffs to present
evidence that the price of gold is being manipulated and
that gold loans have reached levels that threaten the U.S.
and world banking systems. We presented GATA's new
report, "Gold Derivative Banking Crisis," and asked that
Congress inquire officially into the gold market.
We had three meetings at the Capitol and were well
received at each. We were asked to provide certain
additional information and particularly potential questions
for various government officials and financial institutions,
and to return to Washington soon for additional meetings
with some of the people we met Wednesday.
We will have a few more meetings today.
You'll have to forgive my being a little vague here; it
wouldn't be right to identify yet those who met with us
and who are considering getting involved with the gold
issue. Besides, it might expose them to premature
intervention or retaliation from gold's enemies. But I
hope it will suffice to say that today couldn't have
gone better, that we couldn't have met with more
important people with more appropriate jurisdiction
over the gold issue, that GATA now has brought and
will continue to bring the gold issue to the highest
levels of the U.S. government, and that we are hopeful
and even confident now that much will come from this
in the next few months and that our support from the
gold industry will grow with our success.
Please post this as seems useful.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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| To: jocko who wrote (2612) | 5/11/2000 10:00:00 PM | | From: rohheck | | | |
Hey Jocko, you are not alone, take a look at this hit this link to the Slanker Report, he really makes some strong points. He also say some stuff about Silver Eagle. Our day is here, the high flyers are fading slowly and inflation with higher interest rates are here. Gold will rule again.
slanker.com |
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| To: jocko who wrote (2612) | 5/11/2000 10:40:00 PM | | From: jbr29 | | | |
Hi Jocko,
Was that you who posted at LeMetropolecafe about a year and a half or so ago about Mirandor ? I bought a slug of the stock back then and basically just forgot about it. I can see from the stock price that there has been no favorable news.
I recall that there was some kind of agreement with Kinross that Kinross eventually opted out of. What are MIQ's prospects from here ?
Thanks in advance |
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| To: jbr29 who wrote (2614) | 5/12/2000 11:00:00 AM | | From: jocko | | | |
Hi jbr,
Probably..... I have been a subscriber/friend of Bill Murphy for quite awhile. Brandon (stokks) provided the effort and info regarding the comparison to early ABX. I still have all my MIQ and if GATA succeeds, and I think they will, then it will have been a long wait but well worth it. If you are interested in gold, you really should check out GATA.org :-)
I hear Giles has signed an agreement to negotiate (or something like that) and that there are a couple of other companies waiting in the wings. I still believe Railroad has a lot of gold, if someone can just find it.
Thats really all I know so I won't pay much attention..... until gold does it's thing ($600 plus :-)regards
j |
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| To: rohheck who wrote (2613) | 5/12/2000 11:04:00 AM | | From: jocko | | | |
Hi rohheck,
Thanks. GATA is still in DC and is gaining a lot of support from people who can do something about the MANIPULATION of the gold markets.
Regards
j |
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| To: jocko who wrote (2615) | 5/12/2000 6:08:00 PM | | From: jbr29 | | | |
Thanks Jocko,
No conversion to GATA/gold needed here. Been a long time supporter of Bill since his "Dutch Sale" thread began on SI a coupla three years ago. Am well connected to GATA/Lemetropole.
My principal concern is the viability of MIQ. I know they are a threadbare organization. How much longer can they continue without an injection of new capital ?
Thanks |
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| To: jbr29 who wrote (2617) | 5/12/2000 7:12:00 PM | | From: jocko | | | |
jbr,
I guess we can only hope..... Rumor has it they are working on some stuff..... I guess if Bill gets things moving we can always ask George about MIQ :-)
Regards.
BTW if you ever need my e-mail..... you can get it from Bill :-)
And remember..... when gold moves UP..... there will be a shortage of used car salesmen :-)
j |
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| To: DON who wrote () | 6/8/2000 1:34:00 AM | | From: jocko | | | |
11:55p EDT Wednesday, June 7, 2000
Dear Friend of GATA and Gold:
This commentary by Clive Roffey at the Moneyweb
Internet site is interesting for its acceptance
of GATA's contention that the price of gold is
being manipulated. It's all the more interesting
for its suggestion that the manipulators are
losing control.
Please post this as seems useful.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Has the gold catapult started?
By Clive Roffey
moneyweb.com.za
June 7, 2000
My oft-stated analyses on gold have continuously
defined the bullion price movement as a major base
formation in total contrast to the huge top patterns
evident on the world's equity market indexes. I have
frequently stated that when the lift upwards from this
base occurred it would be vicious and take the form of
a catapult, or almost vertical move.
Last Friday evening the gold price suddenly jumped $10
in the space of a few minutes as US futures players
covered their short positions on the back of a falling
dollar.
For any market to have an unexpected vertical move out
of a negative psyche it needs to have a sudden jolt
that turns the prevailing fundamentals on their head.
In the case of bullion there can be no doubt that the
US bullion houses have been keeping the lid on the gold
price to protect their short sales at the $310 level.
But the combined forces of a falling dollar, rising
commodity prices and weakening stock markets are
starting to take effect.
My analysis continues to look for the vertical catapult
with a target of around $385 by the end of the year. In
this context the shares have formed major buy signals
as their oscillators refused to mirror the new lows
made in the early part of last week. Avgold is a
classic example.
For the past month Avgold's share price has drifted to
new lows but the oscillator has refused to confirm this
movement thereby setting up a major divergence buy
signal. The identical data is to be found on the charts
of Anglogold, Af. Lease, Durban Deep, JC Gold, and
Goldfields.
All of these shares can be bought for substantial
upside moves over the next three to six months.
-END-
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