is overwhelming...imagine yourself to be on the jury...Reg Howe Complaint
Subj: Michael Bolser... of Gold Manipulation on the COMEX Date: 6/19/01 From: LePatron@LeMetropoleCafe.com
Le Metropole Members,
GATA Discovery Team member, Michael Bolser, has updated his study of the gold manipulation on the COMEX. It has been served at The Matisse Table and is entitled, "Preemptive Selling in COMEX Gold: An Update."
[start.]
"... event touches the three standard deviation ceiling. These three standard deviation selling events would be expected to happen only once in 83 years of COMEX trading (1,000 periods)..."
"... standard deviation selling event, would be expected to happen at random only once in 833 years of COMEX activity (10,000 periods)..."
"... implications of such an event are ominous. These extreme selling events started during the Clinton Administration. Perhaps not coincidentally..."
"... that the Federal Reserve, after a lapse of 64 years, assumed the two American seats on the board of the Bank of International Settlements..."
"... was necessary to break the resilience of the gold market, which thereafter fell into a major multi-year decline."
[end.]
This is an extraordinary and time consuming effort by Mike that I am sure will be of great assistance to Reg Howe in his case against The Gold Cartel.
The evidence that Reg Howe and his Discovery team have collected that gold has been manipulated and that the price held to an unsustainable low level is overwhelming.
As you read Mike's great work, imagine yourself to be on the jury in the Reg Howe Complaint - one that is taking on the biggest money and powers in the world.
What would you think as a jurist?
What is remarkable is that this astounding factual documentation is JUST ONE facet of all that Reg Howe and GATA have assembled to prove that our contentions of cartel anti-trust and fraudlent activity are correct.
This is what GATA's critics NEVER respond to.
The difference between them and us is that we have done our homework.
They just mouth the party line so as not to offend anyone in the "establishment."
Gold is on its way to $600 per ounce.
The good news is by following all the detail and analysis presented here in the Cafe, you will know.....
... to reveal what GATA has laid out for all to see over the last 2 1/2 years.
All the best, Bill Murphy Chairman, Gold Anti-Trust Action GATA gata.org Le Patron, LeMetropoleCafe.com |