- für unsere Goldbugs / Manipulation durch Downgrades - ManfredF, 10.03.2001, 19:04
für unsere Goldbugs / Manipulation durch Downgrades
Category: General Interest
From: not_a_random_walk (Dennis Shumaker)
To: not_a_random_walk (Dennis Shumaker)
Date Posted: March 10, 2001 at 12:44:12
Subject: conflict of interest: Scotia Capital & Mocatta!
Reference: Scotia downgrades several GOLD stocks on Friday
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THIS IS A CONFLICT OF INTEREST FOLKS!! And it concerns GOLD!
Scotia Capital downgrades pretty much the entire gold sector
during a time of very high gold lease rates!
Why a conflict of interest?
Scotia Mocatta, their brethren is into leasing, selling forward, and other
deriviatives. They also work closely with central banks!
So while Scotia Mocatta is having a hard time with hihg lease
rates, their partners in crime Scotia Capital downgrades a myriad
of gold shares (some to the rarely used SELL category)!
BTW? you did notice which stock they downgraded to a SELL?
Homestake - HM, HM is the one that lead this charge in November from
its bottom of nearly 3 9/16!! It's the best performer. So they
downgrade HM the best performer to a sell and they downgrade Barrick's,
one of he world's BIGGEST gold hedgers from a Strong buy to a buy.
BTW/ Barricks, ABX was one of the worst performers in the
last cople of gold share waves. What's it doing as a strong buy
in the first place?
YES, Scotia is EVIL in my opinion!
Here are the links to the brief snippets of DOWNGRADES
Soctia
=======
PDG BUY -> HOLD
NEM StrongBUY -> BUY
GG HOLD -> REDUCE
BARRICK STRONG BUY -> BUY
HM HOLD -> SELL
AEM BUY -> REDUCE
MDG BUY -> HOLD
KGC HOLD -> REDUCE
Also, they downgraded AEM to a worse level than MDG. MDG
[performance always exceeds or meets AEM performance at
the start of a move. AEM will exceed MDG as the move gets
going. WHY?== MDG is a relatively big hedger for its size
and AEM doesn't hedge.
Scotia LIKES HEDGERS. If they don't, they why are they
showing a clear pattern of behavior that discriminates
against NON hedgers???] Like I said Scotia is EVIL!
Scotia Capital and ScotiaMocatta are in bed with each other
LOOK at the first sentence of this page!!
http://www.scotiacapital.com/Englis...otiaMocatta/Fr_ScotiaMocatta.htm
YES SCOTIA CAPTIAL PROVIDES SERVICES TO SCOTIAMOCATTA - THEY DOWNGRADE
GOLD SHARES SO PEOPLE WILL BECOME LESS HYPED ABOUT THE GOLD
MARKET - which will help to greatly reduced gold leasing rates
THAT ARE VERY HIGH by the way and save their BUDDIES
ScotiaMocatta millions upon million of dollars!
vom CB-Forum - hoffentlich gibts keine Probleme wegen Copyright
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