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FROM TODAY'S PRESS - 16 March 1999
GOLDBUGS MAY HAVE THEIR DAY
by Jonathan Chevreau
The Financial Post (www.canoe.ca/FP/chevreau)
With global deflation threatening and financial markets euphoric but
jittery, goldbugs are creeping out of the woodwork. Given the battering
the yellow metal's enthusiasts have been subjected to in recent years,
any view that bullion or precious metals mutual funds are set to leave
In prepared testimony today for the Subcommittee on Capital
Markets, Securities, and GSE's of the House Committee on
Banking and Financial Services, Dr. Larry Parks, Executive
Director of the Foundation for the Advancement of Monetary
GO GATA again:
Here is a must read; lifted off the Hemingway Table at Le Metropole Cafe
half an hour ago. If anybody still has lingering doubts about
# Federal Reserve Board Chairman Greenspan being in a hopeless fix,
# the manic nineties being like the roaring twenties all over again,
this will put them right.
BTW, there is another Midas offering at the James Joyce table
Friends of GATA and Gold!
GATA member Gary Harany has sent the hereon following article by Alan
Greenspan, FED Chairman, written for the Wall Street Journal, way back
in 1981. Alan Greenspan was then a partner in Townsend-Greenspan & Co.,
an economic consulting firm. The article tells us a lot about
Greenspan's essentially Pro-gold orientation, now disallowed by the fiat
money crooks he serves.
YOU'LL ENJOY THESE SILLY STORIES:
A Charlotte, NC, man having purchased a case of very rare, very
expensive cigars insured them against fire among other things. Within a
month, having smoked his entire stockpile of cigars and without having
made even his first premium payment on the policy, the man filed a claim
against the insurance company. In his claim, the man stated the cigars
9 March 1999
Gold has been up four days in a row, to a spot price of $292 today.
Go GATA, Go Gold!
$325 by Easter? Judging from Midas du Metropole this evening Why not?
For those of you who are not yet members at Le Metropole Cafe
(www.lemetropolecafe.com), or on a fortnight free trial there, here is a
teaser from Midas' offering at the James Joyce Table an hour or two ago:
Hello GATA Members,
Here are five SUPPORT INITIATIVES, for which GATA gives thanks.
As a sixth item, I am also posting
An interesting VIEWPOINT on why Goldman Sachs is going public!
For GATA, for gold!
Boudewijn Wegerif "GO GATA"
Moderator GATA Forum
- - - - -
Date: Tue, 02 Mar 1999 17:52:54 +0100
I just sent my contribution of $100. Accounts in red and heavy losses in
Hello GATA members,
Here is an initiative to follow. In response to the GATA Committee call
for ACTION NOW, Dr Sam Martirosian has written to Newport as a
shareholder, drawing attention to GATA and thanking Newport for NOT
HEDGING. You other shareholders out there, confront the mining companies
that ARE hedging, thank the mining companies that ARE NOT. Let the
Your GO GATA Moderator, Bodvin.
IN THE BEST OF COMPANY
by Ken Reser
After GO GATA gave such over-rated praise for my help, I must respond to
the request for some comments for our own GATA Forum, where I am in the
best of company.
Gold liberated by Easter you say? I hope you are right!
I'm one who never took up a political cause as there hasn't been any
particular politician in my voting reach worth the time. Now it is
Hullo GATA Members,
Here are GATA-related tidbits from the technically detailed and more
fully informative Midas*, posted this evening at the James Joyce Table,
Le Metropole Cafe(www.lemetroplecafe.com).
. . .
# We have received information from around the world that all fits
together. First, we have heard of some big player producers that are
very concerned about the appearance of "colluding" with the bullion