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GATA brings suit to stop gold price suppression
10:25p EDT Wednesday, December 6, 2000
Dear Friend of GATA and Gold:
I can't resist pirating GATA Chairman Bill Murphy's
late advisory dispatch tonight to his subscribers at
www.LeMetropoleCafe.com. It's below.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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By Bill Murphy
December 6, 2000
In tonight's quot;Midasquot; commentary, I mentioned twice that
it was my strong hunch that today's article in the
Australian Financial Review (which strongly described
GATA's views) was a very important development and that
it was being circulated in the gold world.
Lo and behold, here's what just came in from a Cafe
Canaccord Capital (Europe) Ltd.
Morning Fax, 6-Dec-00
Gold.... The fact that GATA's conspiracy theories
have been commented upon in the Australian Financial
Review was brought to our attention by a member of the
bullion market this morning. Whether or not one
subscribes to these theories (and we are firmly of the
view that a net accumulated short position of 10 years'
demand is the stuff of dreams), it is worth noting that
these comments, allied to suggestions of market
manipulation, are entering the public domain and may
have an impact on sentiment, given that the price of
the metal does appear to be justifiably turning higher.
We have the copy if there is any interest.
As the Cafe's John Brimelow noted tonight when I
brought this to his attention: quot;Rhona is very
experienced, very knowledgeable, and a real pro. She
would not have mentioned this in institutional
commentary if she did not think it might have some
All day long the phone rang here in Dallas. The
question was always: quot;Why is gold moving today?quot;
GATA is on the move. So is gold. Make sure you take
that five minutes to stay on top of Midas commentary.
An investment opportunity of a lifetime is staring you
in the face.
That public interest is so pitifully low is
confirmation of that.
Buy low. Gold and the gold shares are just that.