Gold alert by Bill Murphy komplett:

verfasst von tofir, 22.02.2001, 20:57

>Hallo Ihr Lieben,
>heute Abend teilt Bill Murphy seinen Le Metropole Mitgliedern mit,
>dass ihn das Gerücht aus verlässlicher Quelle erreicht, es stehe eine
>Gold betreffende Ankündigung ähnlicher Tragweite wie beim Washingtoner
>Abkommen bevor.

Im Washingtoner Abkommen vom 26. September 1999 vereinbarten 15 Zentralbanken:
1. Gold bleibt wichtig als Sicherheit.
2. Die Ausleihungen werden nicht ausgeweitet.
3. Der Goldverkauf der unterzeichneten Zentralbanken wird auf 400 Tonnen insgesamt pro Jahr begrenzt.
4. Das Abkommen ist 5 Jahre gültig.

Hier der Wortlaut von GATA's Message:

Le Metropole Members,


Rumors are flying in the gold world that an announcement
of some kind will be made very soon regarding the gold
market.

Of most importance is that the lease rates, especially
the short rates, have begun to rise dramatically. The
one month lease rate has risen from.7% to 1.75% over
the past month and is starting to spike up. The short
term rate has also inverted over the longer term rates,
which is an aberration.

There is much to digest in all of this.

First, of all I am told that the lendable gold outside
of the big central banks has been exhausted. That makes
sense, as we have noted that in recent months The Gold
Cartel has called on Sri Lanka, Bangladesh and Uruguay
to lend their gold.

We are also hearing that it is the large central banks
holding down gold now even though they have been told
it is doing serious damage to poor gold producing
countries.

However, there appears to be a severe shortage of
physical gold that is severely plaguing the market. Word
has it that The Bank of England is very slow in settling
its gold transactions and that is causing a great deal
of nervousness in the physical market.

Two completely different sources have told me that they
are hearing that there will be some kind of new Washington Accord announcement by the 15 signatories of that agreement
in which they will alert the gold world that they are
further reducing their lending.

That would be a bombshell. As reported in last night's
Midas, Frank Veneroso thinks the gold loans could be
as high as 17,000 tonnes, more than 3 times the acknowledged figure and that the yearly supply/demand deficit is running around 2,000 tonnes. In other words, no matter what
the central banks do, they are going to run out of gold
in the near future unless the price of gold rises
dramatically to slow down demand.

There is something else. As GATA has reported often,
the Bush Administration and Treasury Secretary O'Neill
have stated publicly that they are for free markets and
against market interventions which eventually backfire.

O'Neil just came back from the G-10 economic summit.
O'Neill and the U.S. Treasury must respond to Massachusetts Federal District Court regarding their position on the
Howe/GATA Complaint. It is very likely that he told
them that the U.S. will no longer support the rigging
of the gold market as did Clinton, Rubin and Summers.

That just fits in with everything else we know since
the Bush Administration took over. Real economic data
is reported instead of phony numbers. The action of the
stock market is totally different from past years. The
Clinton scandals grow by the day and are unending. The
biggest one of all is what they did to gold to benefit
the rich at the expense of the poor African gold producing countries. It has contributed to death and economic
devastation in many of those countries.

Then, I just received the following in an email to me
from South Africa about"Rumours" in that country.


"Via a chain of contacts I was informed that there
exists some evidence that the quickly arranged visit to the
South Africa Reserve Bank just before you left SA was not intended to offer an opportunity to sell them on GATA,
but to act quickly to find out exactly what GATA really
knew. Some officials that you spoke to in CT were
concerned that GATA had more facts than was suspected -
by the Lecters of this world?? - and that it was important
to find out what these were so that counter measures
could be taken."

Well, if that was the case, the Reserve Bank of South
Africa did learn that GATA and Reg Howe have this thing
nailed and that they are"found out." It was
the most complete and best presentation I ever gave in
my life. If they did not know before, they know now that
"the jig is up" for The Gold Cartel.

And finally, what better time than to rightly dump a
scandal on the Clinton Administration. What else is
new?

Gold is presently around $2 higher on the day and has
made a succession of new highs. That is a change in the
trading pattern of recent weeks and months.

Some exciting times could be upon us!

Bill Murphy




Gruss

tofir


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gesamter Thread:

• Gold alert by Bill Murphy (mkt) - Drooy-doof, 22.02.2001, 19:44
  • Re: Gold alert by Bill Murphy (mkt)/ ist das jetzt gut oder schlecht? - ManfredF, 22.02.2001, 19:48
    • Washingtoner Abkommen (was ich fand) - zur Erinnerung - Turon, 22.02.2001, 20:07
      • Re: Washingtoner Abkommen (was ich fand) - zur Erinnerung - Diogenes, 22.02.2001, 20:27
        • @ Diogenes - Turon, 22.02.2001, 20:41
          • Thanx (owT) - Diogenes, 22.02.2001, 20:46
      • Achtung falsche Baustelle. Dieses Abkommen ist nicht gemeint. - le chat, 22.02.2001, 21:35
    • Wäre gut, sehr gut, ausgezeichnet sogar! - Diogenes, 22.02.2001, 20:25
      • Re: Wäre gut, sehr gut, ausgezeichnet sogar! /Danke, das wollte ich hören! (owT) - ManfredF, 22.02.2001, 20:26
  • Gold alert by Bill Murphy komplett: - tofir, 22.02.2001, 20:57
    • New Gold alert von GATA... - tofir, 23.02.2001, 10:45