Lies Spies and CIA Ties. U.S. Democrats appear in Tony Blair's nightmare.
(1) First a Question. =================== Australia is a commodity country. Commodities are going up. The Australian dollar has been trashed..... Australian gold producers will be encouraged to sell forward ... thereby, depressing the price. Gold is priced in dollars. A 10% move down against the dollar is the same as the price of gold rising $28 when it comes to selling forward. Who might these people be, doing trashing without a permit ?
(2) What GATA presented to Congress could effect: (aka, The stakes are huge.) =========================================================== The make up of the next Congress. The legislation for years to come.
The Presidential election. President Clinton burdened with another administration scandal.
Prime Minister Blair and his Labor government. National Accounting Office investigating the Bank of England gold sale.
The U.S. Federal Reserve and/or U.S. Treasury. Exchange Stability Fund. Secret off shore accounts. Bank of England.
(3) We have been told that it depends on what "is" is. ================================================== Many Senators and Congressman have been told that the US is not "manipulating" the gold market by the Fed and US Treasury. If, in fact, some faction of the US government really is holding down the price of gold, Alan Greenspan, Secretary Summers and President Clinton are going to have some serious explaining to do.
(4) Beano will not help with this one. =================================== Something stinks to high heaven about the $38 billion amount of notional off-balance-sheet gold derivative contracts on the books of JP Morgan at the end of 1999.
It took aggressive bullion banker, Chase Bank, 14 years to build up its book to $22 billion according to Frank Veneroso.
Morgan goes from $18 to $38 billion in 6 months.
Give me a break!
(5) No, its not a Snoopy the Cartoon Dog joke. ============================================ The name Ted Truman has popped up as a CIA snoop. That is also the word around certain politicos in Washington. Rumor mind you, but smoke all over the place on this one. He used to work for the Federal Reserve, but he had a falling out with Alan Greenspan. Al Gore picked him to go work at the Treasury which is where he is employed at the moment.
(6) No, its not Circus under the Big Top. ====================================== Secretary Summers might be the ringleader of the US gold trading operation, having taken over from former Treasury Secretary Rubin.
(7) Mount a hill of beans to touch the sky, I ask why? (8) A worm a day will not keep a gata nut at bay. ==================================================== A hill of beans is not whats piling sky high, but whatever it is may fall from the sky when the sky falls, as the evidence is starting to mount. And if that is the case, and Congress finds this out, it could open up a can of worms and who knows what else Congress will find?
Dougak |