goldensextant.com
[Start.]
Bank for International Settlements (BIS)
Bank für Internationalen Zahlungsausgleich (BIZ)
Banque des Règlements Internationaux (BRI)
Banca dei Regolamenti Internazionali (BRI)
bis.org
Summary Description
The BIS is an international organisation fostering the cooperation of central banks
and international financial institutions.
The BIS functions:
As a forum for international monetary and financial cooperation,
with the services offered by the BIS in hosting meetings of central bankers
and in providing facilities for various committees, both standing and ad hoc,
making a significant contribution to the promotion of international financial stability.
A bank for central banks, providing a broad range of financial services
for managing their external reserves.
A centre for monetary and economic research.....
An agent or trustee, facilitating the implementation of
various international financial agreements.
Registered office of the BIS:
Centralbahnplatz 2, Basel, Switzerland
June 2000
[End.]
The principal purpose of this new site feature
is to give other private shareholders of the BIS
access to some of my[Reginald H. Howe] research
and analysis as I wrestle with the problem of how
to respond to the freeze-out.....
... the freeze-out raises important constitutional issues
affecting the conduct of both monetary and foreign policy
by the United States.....
... litigation between the BIS and its private shareholders
is likely to focus considerable scrutiny on recent official
efforts to manipulate gold prices, especially through the use
of derivatives. For this reason, GATA is considering
whether to support this project as a follow-up effort
to its Gold Derivative Banking Crisis.....
... this project will be very much a work in progress.
... This procedure is not ideal, but seems under the circumstances
to be the most efficient way to get as much material as possible
posted quickly while allowing good opportunity for useful
and timely reader input.
[Note: Introduced by a commentary, The BIS and Greenspan:
Freezing-Out the U.S. Constitution, dated October 27, 2000,
this section of The Golden Sextant focuses on the recently
announced plan of the Bank for International Settlements
to freeze-out its private shareholders at an Extraordinary
General Meeting scheduled for January 8, 2001.
The proprietor, who owns several shares of the American tranche,
plans to complete, revise, enlarge and extend these materials
as time and circumstances permit. Other shareholders are
advised to seek their own counsel. All opinions expressed
here are those of the proprietor. No assurance can be given
that they will be accepted or upheld by any particular court
or tribunal.]
THE GOLDEN SEXTANT -
This site takes its name from its proprietor's 1992 essay of the same name.
The Golden Sextant won the first Bank Lips AG International Currency Prize.
The subtitle of this site is MPEG, standing here for Money,
Politics, Economics and Gold.
It offers commentary by the proprietor on these topics
and occasionally on other subjects. But its raison d'être
is to carry on the fight for sound, constitutional money.
The proprietor, Reginald H. Howe, is an author and private
investor. A graduate of Harvard College, Harvard Law School
and the Bologna (Italy) Center of the Johns Hopkins School
for Advanced International Studies, he began his business
career in 1964 as a financial analyst with the international
division of The Kendall Company. From 1976 to 1984, Mr. Howe
was a partner in the Boston law firm of Palmer & Dodge,
where he specialized in civil litigation and was a member
of the firm's investment committee. He was an associate
at the same firm from 1970 to 1976. In 1983, Mr. Howe organized
Golden Sextant Associates, a general partnership for investing
in developing North American gold mining companies,
and he served as its managing general partner until
its profitable dissolution in 1987. For a few years
thereafter, he continued as a sole legal practitioner
and served as a registered investment adviser to private clients.
In his spare time, Mr. Howe enjoys sailing, skiing, blading,
and motorcycling.
Il s'intéresse aussi à la francophonie de l'Amérique du Nord,
et il a plaisir à voyager au Québec, en l'Acadie et à
St. Pierre et Miquelon, surtout à moto ou en bateau.
Comments about this site may be addressed to the proprietor:
row@ix.netcom.com
Copyright 1999, 2000 - Reginald H. Howe |
