GATA hitting the big time?
SIGHTINGS
The Continuing Gold
Market Manipulation
By Bill Murphy
Chairman, Gold Anti-Trust Action Committee
lemetropolecafe.com
From Rayelan Allan <rayelan@aol.com
Publisher - Rumor Mill News
5-15-00
Q. Little Bear is in the 'doghouse'. Which table do you think he'd be under ? A. Gold, of course. But he is hopeful.
The Enveloping Horn Will Advance Under The Cover of Darkness
First Alert: Australia
Many battles have been won throughout history using the element of surprise. As long time www.LeMetropoleCafe.com members know, the Gold Anti-Trust Action Committee has employed the "Enveloping Horn" battle tactic of the great South African Zulu Chieftain warrior, SHAKA!
Tonight, the allied "pro gold" forces will be on the move and will strike at the very heart of our adversaries, those malign "axis" forces that have been manipulating the gold market and not allowing it to rise in price no matter how much wage and commodity prices accelerate in the United States and around the world, and regardless of the fact that the natural supply/demand gold deficit exceeds1500 tonnes per year.
Tomorrow, our center spread, full page open letter to the U.S. Senate and House banking committee members will appear in Roll Call, the most widely read newspaper of the Washington political elite. It is a 4 color open letter addressed to all of these banking members that explains to them the reason why they were handed a 90 page document. The Gold Anti-Trust Action Committee's research strongly suggests it is the machinations of certain government officials and certain bullion banks that have allowed a gold derivative problem to develop that could create an international banking crisis at any time.
This 90 page GATA delegation "Gold Derivative Banking Crisis" document is filled with evidence that supports GATA's case. We only ask the banking committee members in Congress to ask certain questions of the bullion bankers. They can have their answers in weeks and those answers will determine if we are correct or not. No big deal. These same banks report their consumer loan books, their mortgage loan books and their corporate loan books. They brag about the growth of these loans. Yet, they say nothing about their gold loan books or the growth of their gold loans. That is what Frank Veneroso explained to the politicians and economists that the GATA delegation met with in Washington.
All of the Senate and House banking committee members are mentioned in our open letter by name and state. The insinuation is clear. Our delegation has delivered an incendiary document to them with specific questions that they can ask the bullion bankers to find out if we are correct in our assertions. If they do not at least get some (cont)
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