We know this because of our peek behind closed doors.
"Then there is the second question."
"To what extent is today's exceptionally low gold price
the responsibility of certain bullion banks, which have
cheapened gold by extending gold credit to such an extreme,
and the ESF, by perpetuating this scheme?"
"This question too does not have an answer, at least not yet."
"But as the truth about the ESF's involvement in the gold market
continues to emerge and become more widely known,
the price of gold is destined to rise to a more normal level,
just as it did after August 1971."
"The high price that gold eventually achieves will indicate
how badly certain bullion banks and the ESF have damaged
gold mining companies and the gold industry."
"In conclusion, while we don't know whether any of these motives
for manipulating the gold price that I ascribe to the US government
are accurate, one point is clear and cannot be denied."
"The U.S. government cannot claim that the ESF is not involved with gold."
"We now have the proof."
"We know this because of our peek behind closed doors."
[End.]
To keep interested parties advised of developments involving GATA
and the lawsuit it has brought, and others it may bring, against those
it accuses of illegal collusion to control the price and supply of gold,
other commodities, and related securities, the email group located at
groups.yahoo.com was created to supplement
the Gold Anti-Trust Action Committee's informational web site
of gata.org
Membership in groups.yahoo.com is free,
this is a mailing list. Members: 1469
GATA is a civil rights and educational organization
under the U.S. Internal Revenue Code
and contributions to it hath deductible in the United States.
[Start of Warning.]
Gata's email group messages contain items which you the viewer
could interpret as inappropriate for distribution using the thread
posting feature of Silicon Investor.
A perception of the forest while ignoring certain trees may allow people
interested in learning current status of GATA to obtain specifically
that information while ignoring the person Bill Murphy attempts
to shake rattle and roll from you any loose change you may have.
To put this into more direct words, a solicitation for funds to facilitate
the execution of the Reg Howe's (Howe/GATA) Complaint which was
filed at the Federal District Court of Boston, Massachusetts.
Please exit this post with concerns generated from above.
[End of Warning.]
How ESF/Bundesbank gold swap caps gold price - Part 1 of 2
groups.yahoo.com
How ESF/Bundesbank gold swap caps gold price - Part 2 of 2
groups.yahoo.com
DALLAS--(BUSINESS WIRE)--Dec. 11, 2000--A lawsuit filed in U.S. District
Court in Boston with the support of the Gold Anti-Trust Action Committee
accuses five investment houses, the Bank for International Settlements,
and top officials of the U.S. Treasury Department and U.S. Federal
Reserve Board of conspiring to suppress the price of gold...
... lawsuit charges the defendants with price fixing, securities fraud,
and breach of fiduciary duty. U.S. government officials are accused
of exceeding their constitutional authority.
The following Complaint was filed on December 7, 2000
goldensextant.com
in the United States District Court
for the District of Massachusetts, Boston, Massachusetts.
UNITED STATES DISTRICT COURT District of Massachusetts
Civil Action No. 00-CV-12485-RCL
Reginald H. Howe,
Plaintiff.
v.
Bank for International Settlements,
Alan Greenspan,
William J. McDonough,
J.P. Morgan & Co. Inc.,
Chase Manhattan Corp.,
Citigroup, Inc.,
Goldman Sachs Group, Inc.,
Deutsche Bank AG and
Lawrence H. Summers,
Secretary of the Treasury,
Defendants.
Additional Information:
goldensextant.com
goldensextant.com
April 19, 2001
Patriots' Day Filings
BIS-Gold Price Fixing Litigation
goldensextant.com
Extra Stuff:
The "Gold Derivative Banking Crisis" document that the
GATA delegation presented to the Speaker of the House,
Denny Hastert, Dr. John Silvia, Chief Economist
of the Senate Banking Committee, Alabama Congressman
Spencer Bachus (Chairman of the Subcommittee on Domestic
and International Monetary Policy) including six
of his staff members and to every Congressional member
of the House and Senate banking committees is now available.
For a shorter, updated review of the gold market,
GATA suggests "Political Derivatives in Campaign 2000"
by Reginald H. Howe, which can be read in the Essay section.
gata.org |
