May 10, 2002

PRINCETON, New Jersey -- The man credited more than anyone else with spawning the gold hedging boom of the 1990s genially shrugs off talk that he has been fired.

The news surfaced in a report circulated by Gold Anti-Trust Action Committee chairman Bill Murphy. The affable and urbane Mehta said of the rumours: "An endearing feature of the gold market is that it has had a hard-core of conspiracy theorists providing sideshow entertainment for twenty years. Their consistency in occupying the lunatic fringe is admirable.

As head of Global Commodity Risk and Global FX Options for the giant institution, Mehta says he advocated combining the bank's foreign exchange businesses as a single asset class and Bullion was positioned into that grouping. This enabled Mehta to contemplate moving on to retirement....

-END-

Just a coincidence? Bill Demchak, global head of structured finance and credit portfolio of J.P. Morgan Chase, resigned on April 18 of this year. That was just about the time Dinsa Mehta "supposedly" resigned. Vet Mehta, like Demchak, came from Chase and was with them for 16 years. The smoke is bellowing from Morgan&Mac226;s NY headquarters. How come they both decided to give up lucrative careers at the same time at such young ages?????

So two of Morgan's brain power all of a sudden decide to RETIRE voluntarily at the same time. DUFUS America, no longer! You cannot buy this Enron drivel.

There is no free press in America. If there were, there would have been an honorable discussion of what GATA and Reg Howe had to say, ie, as so many other debated issues such as health, etc, get discussed ad nauseum.

Why has the GATA evidence of gold price manipulation been EMBARGOED by the US PRESS? Wrong am I? Do a Google Search like Nick Laird of Australia did on the fired and corupt Dinsa Mehta, a cabalist of The Gold Cartel, and see how much you find on GATA or Reg Howe from the WSJ, NY Times, W Post, Reuters, Bloomberg, etc, on one of the biggest financial scandals in US history.

What a stink this is. The good news is that the GATA ARMY is on a roll. We will bury these arrogant bums?

HIP HIP!
LONG LIVE THE ENVELOPING HORN!

BILL MURPHY, CHAIRMAN
GOLD ANTI-TRUST ACTION COMMITTEE
http://www.LeMetropoleCafe.com/entrance.cfm