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