Pepper investors, financial media with GATA's YouTube links

lemetropole's picture

Submitted by cpowell on 02:09PM ET Saturday, September 8,
2012. Section: Daily Dispatches

5p ET Saturday, September 8, 2012

Dear Friend of GATA and Gold:

The Russia Today television network reports very high viewership for GATA hairman Bill Murphy's interview Tuesday on its "Capital Account" program with Lauren Lister, and so Murphy urges GATA supporters to send the interview's YouTube link --

-- to other investors and any financial media contacts they have.

If they're feeling ambitious, GATA supporters can also include the YouTube link to Murphy's interview last week with Daniela Cambone of Kitco News --

-- and the YouTube link to your secretary/treasurer's interview on "Capital Account" a month ago:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee

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DavidPierre's picture



Has Bill Gross lost his mind?

 Bill Gross says that Gold, of all things is a better investment than bonds or stocks. Here is the guy who manages something like $1 trillion and thinks that GOLD is better than stocks or bonds?


What if he decides to start to buy some Gold as a hedge?  PIMCO of course has a commodities fund which has recently upped it's stake in Gold but what about the huge flagship funds?  He said that, long term, stocks and bonds will not return maybe he'll want to sprinkle a little bit of Gold dust around the portfolios to tweak his returns?

Well, maybe not because of the prospectus but it's certainly a humorous thought!

Last month we found out that George Soros and John Paulson have exited their financials and built up their Gold positions.  Now this news from Bill Gross... Gold UP $34...what's up with this? Isn't it a non farm payroll reporting day? Doesn't Gold and Silver get smashed 99% of the time before and during these reports no matter what they report?

What the heck happened?

Turned the corner, that's what's happened.  One full year with the "official foot" on the throats of Gold and Silver and as illustrated by the Bill Gross interview, people are finally figuring it out.  The "correction" that was so carefully orchestrated did nothing other than irritate sentiment and get investors, some very big investors to start scratching their heads as to why the metals acted the way they did. Do not expect the Bill Gross's of the world to come out now and say...

"Gold and Silver are artificially low because their prices have been suppressed".  They will at some point and are beginning to their capital.

Everything that Bill Gross said is correct and nothing he said is anything that you haven't heard before like a broken record.  What he said is at most, basic, solidly grounded and pure common sense and logic.

Five years ago, what he said would not have been acceptable nor would it have been carried by Bloomberg. He would have been ridiculed, laughed at and possibly even blackballed by the financial media.  He did not put a number out there when he was asked at the end. Maybe he didn't want to get pinned down, maybe he didn't want to sound like one of us "lunatics" or...maybe he has done ALL of the logic and understands that you CANNOT put a number on Gold because it is a finite resource that will be chased by unlimited paper!

In any case, this is big, VERY BIG, when the biggest money manager in the world speaks the truth and tells us exactly the conclusion that we've already come to.  Is Gold up today because of Bill Gross?  Maybe, maybe not, but there is certainly no selling based on his comments.  We are now getting close to the point where it will be "cool" to be bullish on the metals.  Just on his own, Bill Gross, because he is so mainstream and widely accepted, has made it at least "OK" to be bullish.  Not "in the closet" bullish.  PUBLICLY bullish!

We are not done yet for the day and there is still time for the cabal to make an attempt to put Gold back in its 2% box. How about a 3 - 3 1/2 % day here and stuff the shorts?  Whether it is now, next week or next month, it is coming.   Go back to last Friday and remember the same upwards action going into a weekend!? Someone really wants in...over the weekend...remember...WEEKEND?  The "Reset" will be over a weekend!  This by the way is happening while the Dollar is weakening versus other paper currencies. The upside momentum was waning for the Dollar.  It has finally rolled over and is now beginning to see liquidation. 30-60 days from now could be a very DIFFERENT landscape altogether. A waterfall move by the Dollar would not be surprising at all and of course, a moonshot move by the metals would go hand in hand should this occur.

A weakening Dollar is no longer necessary for higher metals prices as ALL paper currencies have the same problem and investors of all nationalities are faced with the same problems as are owners of Dollars.

Welcome Bill Gross! You haven't lost your mind! 

Hold on to your hats and ounces folks!


bank guy in Brussels's picture

Was wondering who the 'pepper investors' were ...

Didn't know that commodity was in crisis too