Le Metropole Members,

MIDAS ALERT!

In my commentary tonight, I reported on the ridiculous raid
by JP Morgan Chase on the silver market to nullify the spectacular aspects of the technical close above $20 and a
two and one year half high. The JPM bums, and long time
Gold Cartel veteran gold GATA antagonists, took the price of
silver from $ 20.11 to $19.93 in minutes in late Access
Market trading for no reason ... based on no outside market activity.

At post time, which is 9:30 CT, silver is $20.15 bid,
which means the ALL MIGHTY silver banker tycoons have
been stuffed. Even gold is challenging $1250, a key
resistance area for the low-lifes of Larry Summers'
Behavioral Financial Program.

The reason for this alert is that I suspect, as a former
limit position commodity trader, that the weak hand of
the JP Morgan and allies short position, was just called
into bluff ? and I THINK, that the JPM camp blinked and
is standing a bit naked.

Gold and silver prices are likely to explode from here.
This could be a historic pricing period for precious
metals. Those who know what GATA knows, will know why!

I salute Café members who will make fortunes in the years to come.

All the best,
MIDAS