Thank you Bob, it was harder, took longer than i thought
to get that public proclamation from [the list] to identify
what will be their eXcuse for doing past gata bashing
after gata bashes the Gold Cartel and frees gold.
Its similiar to how the CNBC(s) will proclaim innocents
and no wrong doings when they supported them bad'ies
through a non existence or bashing the gata bill(s)'ies.
In both cases they will jump onto the gata band wagon
and try and climb onto the top structures and wave them
gata flags as if they were the ones responsible to free gold.
(to copy from my prior post saying this)
... Louie Dobbs of CNN MoneyLine
... to "cleanse" that show of the guilt...
... helping pump up the recent dot com bubble.
... stated not a single person [knew] dot com was a bubble.
[since] "Not anyone who was not already saying each year
for the past 5 years the usa economy was a bubble."
In what way did [the list] get a "not guilty" coupon ?
Bob's statemint delivered it, as in.
"I will be most happy to read and reply to your posts,
but I will stop at the point I see errors to correct."
Now you may ask "What the ### do others in [the list]
care about a disrespect token towards oldsheetlinks ???"
Oops we just lost Bob, fell off the Turnip Truck.
Well folks, its the "... will stop at the point I see errors... "
and whats a universal error to them,
why its [drum rolling beating] GATA.
So as soon as the word bill or gata or nut or ak appears,
they are long gone, and i ain't talking about Richard or Mazz.
So again,
thats why they never walk their talk,
and only gata trash talk.
Which is just another word for aDuh'ation.
Subj: GATA Press Release on Reg Howe Fed/Treasury Revelations
Date: 8/1/01
From: LePatron@ Le Metropole Cafe
To: Le Metropole Members,
( BW)(TX-GATA)
"Swapping Lies: Fed and Treasury Officials Hanging Themselves,''
GATA's Howe Says
Business Editors
DALLAS--(BUSINESS WIRE)
--Aug. 1, 2001--
"Gold Anti-Trust Action Committee (GATA)
consultant Reg Howe's August 1 commentary
at his GoldenSextant Web site deals a devastating blow
to claims by Fed Chairman Alan Greenspan
and U.S. Treasury officials that the United States
is not manipulating the gold market,"
says GATA chairman Bill Murphy in Dallas, Texas.
"Evidence is mounting that they are trying to cover up.....
On June 25 Sen. Jim Bunning of Kentucky received.....
"The Federal Reserve is in complete agreement...
interfering with the free trade of gold,
would be wholly inappropriate."
... It's pretty clear that these ESF operations are authorized.
I don't think there is a legal problem in terms of the authority.
The statute (31 U.S.C. s. 5302) is very broadly worded
in terms of words like 'credit' -- it has covered things like
the gold swaps -- and it confers broad authority.
... a direct contradiction to what Mattingly told Greenspan,
Reg Howe reports on yet another reference to gold swaps
in another Fed minutes, citing:
"another official reference to gold swaps, this time in.....
It specifically refers to a comment by former Fed Governor,
Wayne Angell:
"And if you mark our gold to the $358 price, we end up
with something like $170 billion. There are opportunity
costs because we don't get interest on that gold as we do
on our foreign exchange (holdings). That cost is out there also.
I would hesitate for us to have foreign currency holdings
that have swap puts that just sit there, (which) is now
becoming the case for our gold."
That finding adds to the importance of another discovery
in Reg Howe's startling commentary:
"Last October, the European Central Bank issued...
illustrating how euro area central banks should account
for these transactions."
Howe's reference to example No. 3: a "gold swap with the
United States Federal Reserve" in which the euro-area
central bank swaps 1,000 ounces of gold against US$300,000
in currency, with the transaction to be reversed one month later
"at the spot price of gold prevailing in the market at that moment."
Howe goes on to explain that if, as Chairman Greenspan
and Mr. Mattingly insist, the Fed does not intervene in
the gold market, either for itself or on behalf of the Treasury
or the Exchange Stabilization Fund, why did the ECB select
the Fed as the hypothetical counterparty in its third example?
"It hardly seems likely that the ECB would choose for this
example a counterparty with which no euro-area central bank
had done a gold swap," says Howe.
Howe also points out that, "like his predecessor Lawrence Summers,
Treasury Secretary Paul O'Neill -- eschewing personal responsibility
-- delegates to underlings with no authority to speak for
the ESF the task of denying any involvement by it in
the gold market. In a letter dated July 16, 2001, to.....
"As evidence of U.S. participation in gold swaps accumulates,
so do official denials of their existence.
... thus emerges is a very disturbing picture:
a decade of secret gold swaps starting prior
to the Clinton administration and involving top officials
from both major parties."
"The Anglo-American war against gold.....
A lawsuit has been filed in U.S. District Court in Boston
by GATA consultant Reginald H. Howe against.....
--30--ltw/da*
CONTACT: Gold Anti-Trust Action Committee, Dallas
Bill Murphy, 214/522-3411
Fax: 214/522-4432
Le Patron @ Le Metropole Cafe
Le Metropole Cafe
All the best,
Bill Murphy
Le Patron
Le Metropole Cafe |
