Friday 13 and tv's economic news is GREAT, but Bill says sky is falling.
Everytime Bill cries Wolf the collusion crowd quickly covers the wolf
with a sheep's fleece, or maybe a capricornus goat to goad Bill ?
At this rate the GATA's troops will lose interest and go home.
<<In any duel between perceptions and reality, the ultimate winner
is always reality. We watch, and wait.>>
Rarebird, but what if after a long wait there is nothing to win ?
An Open Letter to Members of the Press (Bill Murphy, GATA)
Bill Murphy Chairman, The Gold Anti-Trust Action Committee (GATA)
It is time to wake up to what has been going on in the gold market.
I can understand some initial reticence about grasping what The Gold
Anti-Trust Action Committee has been telling you: that the gold market
is being manipulated. No one wants to believe that, but enough is
enough. It is time to start asking some hard questions of your
traditional sources of information who have been feeding you
disinformation to keep you off guard about what certain bullion dealers
have been doing with " a little help from their friends."
You are not floating down that big river of "De Nile" alone. The Gold
Anti-Trust Action Committee has contacted the most prominent gold
producers since February. Most have not even bothered to respond to us
thus far and we are still waiting for them to give us support. In
general, they are a sad lot (with a few stalwart exceptions for which we
always be grateful).
It appears that some producers have either joined in with the bullion
dealers and "officialdoms" that are a part of a "collusive effort' to
knock down the price of gold, while others have allowed themselves to be
put in the unfortunate position of being forced by their own bankers to
forward sell at the bottom of the market. I call these nefarious bullion
dealers "Hannibal Lechter,", as the most accurate way to categorize the
cannibalistic way they have conducted their affairs in the gold market.
The cunning "Hannibal" has recruited speculators along the way to
facilitate the move down in the price of gold.
Who can blame the speculators? After all, until very recently they could
borrow gold at 1% interest rates and use the proceeds to invest
elsewhere. In essence, they had Alan Greenspans's infamous comment
serving as protection for their principal, ie., "central banks stand
ready to lease gold in increasing quantities should the price rise."
When the price of gold was about to explode, they recruited the Bank of
England to help them out by announcing a "future" gold sale (no other
central bank has acted in this manner in over 20 years). The speculators
also had the comfort of knowing that in difficult financial "stress"
times, "Hannibal Lechter" would recruit a hedge fund or two to borrow
hundreds of tonnes of gold to sell in the market place to add more
pressure on the gold price.
What has been a total shock to me is how "Hannibal Lechter" has
"Silenced the Lambs." And the "Lambs" are you the press (except for a
few more stalwarts for which we will also be forever grateful). Most of
you are unwilling to question the pablum that is presented day after day
to you by the establishment crowd. What is most bothersome is that you
refuse to mention the Gold Anti-Trust Action Committee or air the
reasonable evidence that we have gathered that the gold market has been
manipulated to a significant degree.
Right or wrong, it is not unreasonable that our view point be heard. The
United States Congress wants to listen to what we have to say. Why don't
you? What is so threatening about just printing what we have to say? If
we are way off base, no one will care and that will be the end of it.
There is not one of you that who not defend The First Amendment and the
freedom of speech principle. Most of you will criticize China for their
crackdown on individual freedoms. But are you any different? Do you
represent "The Peoples Republic of America?" - "The United States of
China?" I suggest that, unconsciously, you have sunk to a lower level
than the Chinese whom you berate and that you are "hypocrites." I say
that because GATA is challenging some of the "power structure" and some
of the "big money" in the United States in the sense that we are
suggesting that some of them are part of a vast manipulation of the gold
market.
Freedom of the press rules in the U.S. unless it challenges that
structure. This is becoming all too clear to me. It never dawned on me
at the time, but this is not a new experience. Here is a letter to you
from my former wife, Karen, who is still my best friend:
Shining Path Terrorist Bombing
Lima, Peru
Late October, 1993
Karen Brown
I had just finished a long, treacherous journey by horse through
uncharted territory 17,000 feet in the Andes N.E. of Cuzco. I had
traveled there with 4 others to meet the medicine men of the last
authentic ancestors of the Incas, five villages in total, untouched by
civilization. I was the first white woman whom many of the villagers had
ever seen. After finishing the journey, I stayed in Cuzco an extra week
to unwind and process the experience.
To get back to the U.S. it was necessary to go through Lima. For some
reason I had misread my flight time leaving Cuzco. I had an extra hour
so I went to the plaza and found myself in the cathedral lighting
candles (a very unusual thing for me to do since I am not Catholic or
religious). When I left the cathedral I walked around the plaza and a
message kept running through my mind liked a continuous re-looping tape
Ye though I walk through the valley of death, I will fear no evil?.
When I boarded the flight for Lima, somehow I knew the journey was not
over, although I had no idea what was in store for me. I had an 11 hour
layover and I was told in advance that it was not safe for a tall,
blonde, American woman traveling alone to stay at the airport for that
length of time. So, it had been arranged for me to stay at the Crillon
Hotel, the finest, safest hotel in Lima. A representative from the hotel
met my flight and escorted me to the hotel. He said another
representative would escort me back to catch my flight to Miami. I was
told not to wander around the city, I should stay within the hotel.
I relaxed in my room on the 12th floor, ordered a late lunch, etc. etc.
Later I had the thought to run down to the lobby to get a chocolate bar,
but something stopped me and I suddenly felt I had to lay down. Before
laying down I went to look out the window and had the feeling of deja vu
(I now remember having recurring nightmares almost 10 years earlier in
NY of what was about to happen). As I crossed the room, I heard and felt
a sound so overwhelming, it was like the earth had opened up underneath
me. I remember hoping it was earthquake, not something else. When I saw
the smoke coming through my window, I knew it had been a bomb.
I heard screaming from the streets, chaos in the hotel and gunfire which
seemed unending. I knew I was in trouble. There was no way out. I was
stuck high above in a hotel that was on fire and afraid to leave my room
because of the ongoing gunfire. I calmly took a breath and retrieved the
stones the shamans in the mountains had given me. I performed a small
ceremony which they taught me, asking for assistance and quietly put my
stones away. I turned out the lights and huddled in the corner of my
room. I could still hear the gunfire and my room was filling with smoke.
Several moments later there was pounding on my door. I was afraid to
open in fear that it was terrorists. Then I heard a voice in English
say, Miss Brown are you in there, we?ve come to get you out?. I was so
relieved to open the door and have the four armed men identify
themselves as being from the U.S. embassy. They said they had a car
waiting a few blocks away. Three men grabbed my bags and one grabbed me
and ran me through the mayhem in the lobby, down the dark streets and
into a van that was waiting for me. They got me to the airport just in
time to catch my scheduled flight.
I asked what had happened. They told me that one of the leaders of the
Sendero Luminoso (the Shining Path)? had been arrested. There was a
government dinner in the hotel and it was bombed in retaliation. I later
found out at the airport that 14 people had been shot & killed in the
lobby (good thing I didn?t go down for that chocolate bar).
I was grateful to arrive in Miami, and quite shaken. I read the papers
and watched the news for two days, and I saw no reports of what
happened. I almost felt as if I had been dreaming. I called a friend in
NY who has very close ties to Peru through Washington D.C. He was
astounded to hear my story, he knew of nothing of the event and was
surprised since he stays aware of everything happening in Peru. He later
called me and said he had checked with Washington and indeed what I told
him was true. I was relieved to learn that I wasn?t a psycho.
However, I was absolutely amazed to pick up the Sunday New York Times
business section shortly thereafter and read a full page story totally
opposite of what I experienced. They reported on how times have changed
in Peru, that the Shining Path? was no longer a threat, it was safe and
a good time to invest.
I later consulted a very wealthy, well known and influential friend of
mine in California about my shock of reading the story. I was told that
a lot of money had been poured into Peru by Americans. The NY Times ran
the counter story to cover up what happened. I was also told that the
U.S. press is totally jaded and controlled by certain powerful people
and it is difficult to sort out the truth from what you read here--
unfortunate, but true.
Suppression! Suppression! Suppression! Say it is not so!
The Gold Anti-Trust Action Committee has sent a 21 page document to
Senator Phil Gramm, who is Chairman of the Senate Banking Committee.
This document articulates some of the evidence of manipulation that we
have accumulated and his staff has found it to be quite "interesting."
GATA asks you to be just as discerning, for if we are correct, one of
the great financial scandals in American history will unfold in the
months and years to come and it will have to do partly with what we have
uncovered. Do not recoil from investigating what we have to say BEFORE a
crisis develops. The sooner this "outrage" is uncovered, the less will
be the financial pain down the road for the average American.
GATA has made it this far with the support of good citizens all over the
world who can "smell" that something is very wrong in the gold market.
Donations have come to GATA from "a people's army" - individuals who
want a wrong righted. The Gold Anti Trust Action Committee surges
forward in their behalf and informs them as best we can at our website,
www.gata.org.
We are unpaid volunteers searching for "truth, justice and the American
Way." What is wrong about doing a story on that?
Bill Murphy
Chairman, The Gold Anti-Trust Action Committee
Send mail to lepatron@lemetropolecafe.com with questions or comments |
