"Jeffrey M. Christian - CPM Letter to Bill Murphy"
"Jeffrey M. Christian - GATA You Lie!"
Jeff Christian of the CPM Group sent me (GATA) the
following diatribe, which GATA will address in detail
over the next few days.
It is beyond remarkable in that he does not respond
to what occurred at the CFTC precious metals hearing in
which he made catastrophic blunders, already addressed
at The Café by Adrian. For some bizarre reason he has
chosen to take a great deal of time attacking us, while bypassing his confirmation of what Adrian brought up
at the CFTC hearing about the LMBA.
To clarify the setting for his incoherent attack on GATA, I bring to your attention my MIDAS commentary last fall after
the Silver Summit in Spokane, Washington...
October 9, 2009 - Gold $1047.80 down $7.60 -
Silver $17.67 down 13 cents
Friday thoughts to Friday fun...
Kitco's Jon "The Dimwit" Nadler failed to show up for
a panel with GATA?s Chris Powell at The New Orleans
Investment Conference. What a cowardly loser that
lightweight is. Then there is Jeff Christian of the
CPM Group and formerly of Goldman Sachs. At The Silver
Summit Al Korelin arranged a bit of a debate between
us. The bottom line: he predicted the price of gold will
average $914 over the next decade. I look at him cross-eyed
with a tinfoil hat on my head, passed out by one of our
GATA supporters at the conference. The tinfoil bit is
how GATA is characterized by moron Nadler. I turned to
Christian and challenged him to wear my tinfoil hat if
the price of gold was $1400 or more by next year's conference and, if not, I would wear a hat of his choice. He
immediately weenied out, saying he was talking about a
ten year average. Good grief, another weenie wimp!
Rob Kirby on Christian?
Bill;
Jeffery Christian [CPM Group] was just on BNN dissing
gold [mind you, he did look like he'd been run over by
a truck]. He says there is no investment demand because
the price is too high. He should call the Bank of England
and tell them that ? seeing as how they just bailed
out the criminals at the LBMA with a bundle of less
than pure dregs they dug up out of the basement.
What a disingenuous tool.
R
***
For the record I would like to note that Christian
addressed his letter to me with a New Hampshire location.
I lived there 11 years ago. As far as Bernie Lo goes, he
is no longer at Bloomberg, waiting in the wings to work
at CNBC Squawk Box in Asia.
GATA will have more to say on this matter later.
Bill Murphy
Chairman
Gold Anti-Trust Action Committee
