Why would Peter Fisher of the New York Federal Reserve lease out the gold of
the American people ? To me this gold represents a reserve of wealth for the
citizens of the United States of America in times of crisis when a nations paper
money may be in doubt. The gold reserves of the American people are not
to be viewed like paper money in a saving bank account and monitored if the
interest rate obtained is keeping up with inflation.
Has Mr. Peter Fisher of the New York Federal Reserve put the gold reserves
of the American people at risk ?
Has Mr. Peter Fisher of the New York Federal Reserve used the gold reserves
of the American people to help or hinder a private company ?
If you cannot answer these two questions with supporting facts, then you
should protect your status as an American citizen and exercise your rights
as an American citizen by asking your Congressman for these answers.
Doug A K
The James Joyce Table, Discussion du Jour: Gold, Commodities
Midas du Metropole, "The Gold Market and Precious Metals Commentary"
August 22 , 1999
Technicals continue to be meaningless in the gold market ... constantly
overshadowed by the bullion dealer crowd and most likely Mr. Peter Fisher,
the number two man at the N.Y. Fed.
... demand for gold is surging around the world...the bullion dealers
led by Goldman Sachs and Mr. Peter Fisher of the New York Fed have...
Newmont Mining is a classic example of "Hannibal's" modus operundi.
Newmont Mining has been a hedging "hold out." With gold demand surging
and the price of gold at 20 year lows, the last thing they must have
wanted to do his sell forward down here. But "Hannibal" probably went to
them saying, "with all your debt, we think your credit lines look a
little shaky" - meaning "hedge" or else.
.... Chase was selling and Goldman Sachs was buying.
Chase was doing the deal for Newmont. That gave
Goldman a chance to cover and control supply of the New York gold for
the August contract. By taking the gold in their own hands, they made
sure no one else to took it to squeeze the New York gold market which,
God forbid, might create some gold market excitement. "Hannibal Lechter"
and Peter Fisher of the New York Fed did what they could to make sure
that did not happen in the end...
Goldman also come out selling the Comex on Thursday and on Friday bashed
the close when most traders had left for a summer weekend. Goldman told
sources of ours that the trade was done for a "client."
"The Client?" - we have suspected that one of Goldman Sach's clients may
be the N.Y. Fed. There is a big hole in the supply demand numbers.
Supply of gold has been hitting the market for some time from some
unidentified source. We think it may be the N.Y. Fed. After all, Alan
Greenspan said, "central banks stand ready to lease gold in increasing
quantity should the price rise."...
... The manipulators are now obligated to reinforce
this negative gold pattern every time news comes out that should be
bullish for the gold price.
The problem is we are on to them now and it is getting TOO obvious.
And the natural supply/demand deficit is making it much more difficult
for them to maneuver ... "The Hannibals" and the N.Y. Fed are setting
a tone of a loss of credibility when the "gold market manipulation
scandal" is exposed.....
Bill Murphy ( Midas )
lemetropolecafe.com
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