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news.goldseek.com >> 16 March 2008 |
US Financial Markets Are Equivalent To World Wrestling Entertainment ... As System Implodes
By: Bill Murphy, Le Metropole Cafe
A central theme to this commentary is that America has become the United States of Russia when it comes to management of US financial markets, the controlled financial market press (no such thing as an objective, free market press in this country), and the management of government statistics engineered to foster the notion that "Everything is fine," no matter what the reality is festering beneath the surface.
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news.goldseek.com >> 18 February 2008 |
GATA Conference Attendees … 13 Countries So Far … Including China, India, Malaysia, Viet Nam, Saudi Arabia
By: Bill Murphy, Le Metropole Cafe, Inc.
The commodity markets remained on fire in overseas trading with copper rallying 9 cents in London to the $3.59+ per pound mark. Crude oil was up 56 cents to $96.06 per barrel. Platinum continued to fly, gaining another $55 to $2106. Palladium was up $14 to $459.
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news.goldseek.com >> 17 January 2008 |
US Financial Markets Are Beyond Farce And Becoming More So
By: Bill Murphy, Le Metropole Cafe, Inc.
The gold takedown spooked other spec longs, a number of which pitched their positions to protect profits. This sort of action tends to feed on itself in the short term and influences the cash market too as buyers step back, waiting to see what sort of carnage develops.
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news.goldseek.com >> 7 November 2007 |
Manipulation Of US Financial Markets Has Gone Bonkers
By: Bill Murphy, Le Metropole Cafe, Inc.
Is this gold move a big deal? No … $1350 bid would be a big deal. Right now there is little belief, understanding, or enthusiasm over the moves in gold and silver. Most observers are looking cross-eyed at the price rises and remain clueless as to what is happening and why.
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news.goldseek.com >> 26 April 2007 |
John Reade of UBS: "Gata are idiots"
By: Bill Murphy, Le Metropole Cafe, Inc.
This morning our Comex floor source says the boys on the floor have been impressed how the market has absorbed enormous central bank selling. However, he felt they would attack again before the price slide would be halted. The gold open interest rose AGAIN, up 6609 contracts to 403,338, more anecdotal evidence of significant shorting by The Gold Cartel on a day the dollar went lower.
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news.goldseek.com >> 28 March 2007 |
John Embry: Time for gold 'to go ballistic' approaches
By: Bill Murphy, Le Metropole Cafe, Inc.
The AM Fix came in at $665.15. That was it as far as any upwards excitement was concerned. Even though the euro firmed as the NY trading day went on, gold was held in check by The Gold Cartel, and then sent lower … especially, as is so often the case, after the PM Fix of $664 concluded. Repeat, repeat, repeat. While there is much to bring your way, there is little to talk about concerning gold’s boring uneventful day.