Replies to post #434509 on Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

*** Gold related post ***


Le Metropole Members,

6:03p ET Tuesday, November 1, 2005

Dear Friend of GATA and Gold:

Who says there's nothing on television tonight?

-- 8 p.m. ET, American Movie Classics: "Clear and
Present Danger." A former professional football
player and commodities trader tries to warn the
world about the massive rigging of financial
markets but is thought to have played and traded
too long without a helmet.

-- 8 p.m. ET, Encore: "Confessions of a Teenage
Drama Queen." A news service's financial
columnist rises to the top of her profession
without ever having posed a tough question to
anyone in authority.

-- 8 p.m. ET, The Family Channel: "Doctor
Dolittle." A flunky for central banks takes over
the World Gold Council and persuades it to
spend $60 million per year promoting overpriced
jewelry.

-- 8 p.m. ET, Cinemax: "Wild Things." Mining
prospectors commit all sorts of disgusting
atrocities at an industry conference in
Vancouver and write off the expenses as part
of their private placement.

-- 8 p.m. ET, The Movie Channel: "What's Love
Got to Do with It?": A big mining company that
has sold more gold than it can dig out of the
ground makes generous takeover offers to other
mining companies that have done the same thing.

Or you can turn to Canada's Report on Business
Television on the Internet ANY TIME tonight or
for the next six days and watch and listen to
Sprott Asset Management's chief investment
strategist, John Embry, as he is interviewed by
Jim O'Connell and telephone callers on this
afternoon's ROB-TV "Market Call" program.

Among Embry's observations:

-- He agrees with Newmont Mining President Pierre
Lassonde that the gold price will reach $525 by
the end of this year.

-- The new chairman of the Federal Reserve, Ben
Bernanke, is a dedicated inflationist and will be
very good for gold.

-- Economic problems in the United States are
intractable and the truth about them is not being
told officially.

-- Massive worldwide monetary debasement is ahead
and that will be good for gold.

-- The gold market "doesn't act right because
there are intrusions into the market by guys who
want the price to remain suppressed."

-- The growing number of market anomalies suggests
that markets in general are increasingly being
manipulated by the U.S. government as a matter of
national security.

You can find today's "Market Call" program at the
ROB-TV archive here:

http://www.robtv.com/shows/past_archive.tv

Scroll down to the 12:30 p.m. Tuesday section. It's
an hour-long show and you're not likely to find
anything better on TV until they bring "Dobie Gillis"
back.

CHRIS POWEL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

[Zeev Hed]

Typically, yes, but today's volume in SVNX was the highest in at least three years, with a chart showing the typical volume price reversal and basing. I am guessing that this is not just a dcb, but something we do not know about. If anyone sees any news on SVNX, even if it is an obscure outfit hyping that one, I would be happy to know about it. Typically, such volume spikes indicate that price peak is reached, unless there is a real good solid reason. I'll wait another day, or the breaking news before taking at least some of the loot off the table.... The market has absorbed very nicely, once more, without technical price deterioration, the exuberance of two days ago. So for now, my bear suit is still at the cleaner.