Bis Freitag auf 275$. Na ja, wär ja nicht schlecht. Schaun'mer mal! Danke!!

verfasst von marsch, 15.05.2001, 11:23

>MIDAS COMMENTARY FOR MAY 14, 2001
>By Bill Murphy
>www.LeMetropoleCafe.com
>May 14, 2001
>Gold $268.30 up 30 cents
>Silver $4.34 up 1 cent
>Here's a bombshell from Bob Chapman that fits in perfectly
>with the information you have been getting from Midas for
>the past four weeks or so. Bob, who is a big GATA supporter
>and editor of the International Forecaster, sent us the
>following even before he published it in his own newsletter:
> Our intelligence sources have informed us that
> Fed Chairman Alan Greenspan has given the
> bullion banks until the end of May to clear up
> their hedging and outstanding gold derivative
> positions. Evidentially this process has been
> going on for some time. Further, British Prime
> Minister Tony Blair will try to make available,
> at the upcoming British gold auction, additional
> gold that will go to banks designated by
> Greenspan. We were also told that AngloGold
> will sell forward a designated amount of gold to
> banks also specified by Greenspan. Our source
> for this intelligence has been very accurate in
> the past. They also said they thought that gold
> would break out over $275 an ounce by Friday.
>Subscription information for Bob's newsletter: one year
>$79.95 U.S. Funds. Make check payable to Robert Chapman,
>Box 510518, Punta Gorda, Florida 33951 USA. Please include
>name, address, telephone number, and e-mail address. Bob
>accepts Visa and MasterCard charges. Please provide your
>card number and expiration date. Bob publishes twice a
>month by surface mail and three or four times a month by
>e-mail. His email address is BIF@gate.net.
>I can't see how the bullion banks can cover without being
>bailed out. The weekly supply/demand deficit is too big.
>The only way for them to cover without the price going
>bonkers is for someone else to take on their shorts.
>This ought to be interesting. If Bob's intelligence is on
>the money again and the Gold Cartel has run out of protection,
>look out.
>old was very quiet today ahead of the British Auction tomorrow
>and the Fed's decision on cutting interest rates, also to be
>announced tomorrow.
>Of interest:
>-- The gold price action remains very constructive and is
>different than it has been the past four years.
>-- Spot bullion remains above its 200-day moving average
>and has formed a small bullish flag formation.
>-- The gold open interest on Comex has dropped to only
>105,491 contracts. This is very bullish as it is
>extraordinarily low from a historical perspective. That
>means the trade does not want to be short, possibly
>because they do not have the physical gold to hedge.
>-- The gold stocks popped late today and remained firm. It
>is my guess that gold is getting ready to rock again to the
>upside.
>I thought you might like to see some of the feedback I am
>receiving on the GATA African Gold Summit that was held
>in Durban. I think it will help you understand what a big
>success this was for all of us.
>>From Dick Trostler:
> The following information was passed along to
> me by Christine Maggiore, author of the book
>"What if everything you thought you knew about
> AIDS was wrong?" This information is in two parts.
> The first is a message from Anita Allen, who is
> apparently in South Africa. The second part is a
> letter to Business Day, the South African
> newspaper, by David Rasnick, Ph.D., who is a
> member of South African President Mbeki's AIDS
> Advisory Panel. I had to read Anita Allen's portion
> several times in trying to understand what she is
> saying. She writes in a sort of shorthand. But I
> think that you will find it of value.
> From:"Anita Allen"
> Date: Wed, 9 May 2001 16:58:36 +0200
> Subject: Golden Good News South Africa flash
> 9 May 2001
> Dear All:
> Thought you might be interested to know that
> the Boston US Anti-Trust Men are in town just
> a stone's throw away. Guess what they are
> doing here? Telling Big Business the game's
> up. Expect soon the rise of bullion to somewhere
> between $600-$1000. South Africa finally has
> control of the gold price. This coincides with US
> off the Human Rights Committee, Bush jetting in
> for a private hey, Thabo, I hear HIV doesn't cause
> AIDS....
> The Boston Boys were all over Tim Modise's Show
> this morning. And you should have heard the callers!
> They even asked the Boston Star on his show to
> repeat everything he had just finished saying, and say
> it again from the front (so they could record it -- no
> doubt, and study what exactly the hell he is saying).
> Callers in between already knew all about it and
> asked for phone numbers to contribute to the costs.
> This is the greatest show on earth in my lifetime so far.
> I am so happy its virtually in my back yard, so to
> speak...
>>From South Africa's Andy Brown:
>
> My son-in-law, a promising apprentice gold bug,
> yesterday attended a Johannesburg family 21st
> birthday, where there were about 50 friends and
> relatives of all ages and he did a small survey.
> He asked about 15 attendees if they knew about
> the cold conference in Durban on the May 10.
> Without exception, all said yes. Wow! GATA's
> efforts in Durban are an unqualified success,
> although many sections of the mainstream
> written press seem to be worried more about
> their jobs rather than printing the truth. However,
> South African Broadcasting Co. television have
> given GATA incredible exposure. What a contrast!
> As a member I would sincerely thank all those in
> GATA for their tireless efforts over the past two
> years.
>>From Steve Munnings, responding to Business Day's article
>today by Ilja Graulich,"GATA's conspiracy theory."
> Dear Sirs:
> I consider myself a rational, intelligent, and
> somewhat sceptical person. For the record, I am
> not 100 percent convinced by GATA's claims, but
> am listening with an open mind, and have yet to see
> any credible counter-evidence that which refutes
> GATA's. Opinions galore, on both sides, but evidence
> is what counts!
> Ilja seems to be presenting a mostly anti-GATA
> opinion. His credibility (in my mind) suffers
> immensely when he states the following:"The
> group dismisses what is taught about supply and
> demand in Economics 101 that if demand drops and
> supply rises, which it has done due to central
> bank selling, the price of a commodity should
> drop." This is demonstrably untrue. They are not
> only well aware of the supply/demand theory of
> economics, but it forms a central part of their
> arguments.
> To wit: They maintain that an unusual and unexpected
> source of supply -- the unprecedented level of gold
> selling and leasing by the central banks -- is not
> only unusual but is larger than is generally held,
> and is (at least partly) as a result of a"gold
> price suppression" conspiracy.
>
> They maintain that gold derivatives (especially"short
> selling" and"shorting" in all forms) amounts to
> ADDITIONAL supply side pressure. And maybe
> Economics 101 does not cover that, but Economics
> 201 surely supports that thesis!
> Also hurting his case is the following:"But to prey on
> the innocence of some and keep hope alive may hurt
> their cause in the end."
> Surely"preying on the innocent" is the activity of
> fraudsters, not that of people who believe in their
> cause -- even if they were eventually to be proved
> wrong. Is Ilja accusing the GATA group of
> deliberately misleading people? Their actions are
> highly consistent with those of people who believe
> in the truth of their cause, not deliberate con artists.
> Ilja states that the question"Why, if this evidence is
> so compelling, have so few joined GATA's crusade?"
> needs answering. Does it? Does Ilja not know that
> most people do not actively join a cause until it has
> become popular or politically correct? How many
> people does he expect to join such a cause even if
> they are convinced that it has the truth? Is a
> measure of a crusade's worth and credibility the
> number of joiners? What happened to the truth?
> By this implied standard Jesus' crusade" was not
> worthy until years after his death!
>
> The truth (or lack thereof) of the allegations made
> by GATA stand (or fall) on their own merits, not on
> how many people have joined! Whether they are
> effective as a political force, on the other hand,
> could very well be measured by how many people
> join the cause. Two very different issues.
> Here is a counter-question:One of the things GATA
> is urging the conference attendees to do is to ask
> some very pointed questions to some very specific
> individuals. Would it not be best to suspend
> judgment on the merits of their case until those
> questions have been answered? And, if it is within
> one's power to do so, press for the answers?
>And finally, a response to the findings reported to the
>World Gold Council by Professor Anthony Neuberger of the
>London Business School, as reported in the Financial
>Times last week.
> I am a 1996 graduate of London Business School
> and had Professor Anthony Neuberger for a class
> in options and futures. He seemed like a nice guy,
> but my impression was that he's a very
> mathematical, risk-immunization type of finance
> guy with no feel for the realities of the markets.
> By the way, you might be interested to know that
> one of the head professors of economics at LBS
> is Lord David Currie. From what I understand, he
> once was (and maybe still is) one of the so-called
>"seven wise men" of the Bank of England. He's
> probably well-connected these days; I've heard that
> he's a Labourite and has been an adviser to Blair
> and the Labour government in general.
> I quickly looked at the LBS website but couldn't
> find him listed. My year 2000 Alumni Handbook
> has him listed as the deputy director of external
> relations. Anyway, my information is pretty dated,
> but that's something that you might want to look
> into. There may be a connection between the
> BOE and the LBS study.
>I would have loved to be a fly on the wall last week
>for this one:
> BASEL, Switzerland (Reuters) -- U.S. Federal
> Reserve Board Chairman Alan Greenspan and
> European Central Bank President Wim
> Duisenberg will both take part in a meeting of
> central bankers on Monday at the Bank for
> International Settlements in Switzerland.
> Greenspan and Duisenberg attended a dinner
> on Sunday along with Bank of England Governor
> Sir Edward George and other members of the
> Group of 10 central bankers. As he left the
> dinner, Greenspan was asked by reporters
> whether he was there to urge the European
> Central Bank to cut interest rates. He replied
> only:"I am here because I am a member of this
> group." Duisenberg, who left the dinner a few
> minutes after Greenspan, declined to say what
> had been discussed during the evening. The
> chairmen of the central banks of the Group of
> 10 countries meet periodically at the Bank for
> International Settlements in Basel, Switzerland,
> to discuss the world economic situation.
>I can see Alan Greenspan now at the BIS:"Gentlemen, we
>have a slight problem. It involves a letter sent to me by
>Senator Joe Lieberman..."
>-END-
>


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gesamter Thread:

• Müssen die Bullionbanken bis Ende Mai eindecken? -neues von GATA - R.Deutsch, 15.05.2001, 11:03
  • Bis Freitag auf 275$. Na ja, wär ja nicht schlecht. Schaun'mer mal! Danke!! - marsch, 15.05.2001, 11:23
    • Und die Aktienmärkte erst mal runter! (owT) - Optimus, 15.05.2001, 11:31