Le Metropole Members,
The "Gold Derivative Banking Crisis" document that
the GATA delegation presented to one of the most
powerful politicians in Washington, Dr. John Silvia,
Chief Economist of the Senate Banking Committee,
Alabama Congressman Spencer Bachus (Chairman of
the Subcommittee on Domestic and International
Monetary Policy) including six of his staff members
and to every Congressional member of the House and
Senate banking committees is now available.
It is in PDF format at the gata.org
web site:
In addition to the original document, two recent essays
on gold derivatives by Reg Howe have been added. These
essays were also sent to the appropriate individuals
in Washington. That now includes the Subcommittee on
Technology, Terrorism and Government Information.
This Subcommittee reports to the Select Committee
on Intelligence and requested all our documents
related to the manipulation of the gold market.
The "Gold Derivative Banking Crisis" document is
lengthy, comprehensive and somewhat technical at
times. It is the nature of the beast. However, there
is no more bullish report anywhere on gold than this
one. The Gold Anti-Trust Action Committee hopes
that the internet will send it to money managers,
the press, and governments around the world.
Various forces are repressing the true equilibrium
price of gold by hundreds of dollars. This cabal of
bullion banks, with the probable assistance of the
ESF or New York Fed, is being found out. As this
information, that we are presenting to you, is
understood by investors around the world, they will
start buying PHYSICAL GOLD in earnest.
The shorts are trapped. There will be a buying panic
when they try and cover those shorts.
It is only a question of time - weeks, months, a year.
One of the most favorable risk/reward trades in history
(buying gold, now) is staring you right in the
face. This document explains WHY that is so.
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I sure like this Guy, home.c2i.net
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