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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: AGORA who wrote (2539)	10/12/1999 2:13:00 PM
From: jocko	Read Replies (1) \| Respond to of 2635

Looks Like GATA is finally getting someone to PAY ATTENTION 12:40p EDT Tuesday, October 12, 1999 Dear Friend of GATA and Gold: Today I met with my U.S. representative, John B. Larson, D-Conn., to express my concern that the U.S. Federal Reserve Board and the U.S. Treasury Department are intervening surreptitiously in the gold market to rescue the financial houses that have been manipulating the price of gold. I asked him to try to get answers to the following questions from the Fed and the Treasury. He said he would. Since a bailout by the Fed and the Treasury along the lines of last year's bailout of Long-Term Capital Management is now the greatest threat to the restoration of gold to its rightful place in the world monetary system, I urge gold's friends and all gold share investors to put the same questions to their U.S. representatives and senators. We must put the spotlight on the Fed and the Treasury and force them to operate in the open. In secret they can get away with anything. But not in public. Please post this as seems useful. CHRIS POWELL, Secretary Gold Anti-Trust Action Committee Inc. * * * Questions for the Federal Reserve Board and the U.S. Treasury Department 1) Do the Federal Reserve Board and the Treasury Department have a policy toward the price of gold? If so, what is it? 2) Do the Fed and the Treasury trade in gold or in securities, futures contracts, or options related to gold, or otherwise influence trading in gold? If so, how? 3) Do the Fed and the Treasury trade in any financial instruments besides U.S. government bonds? If so, which ones and what do the Fed and the Treasury try to accomplish with their trading? 4) Do the Fed and the Treasury have or control brokerage accounts? If so, with which brokers? 5) Do the Fed and the Treasury try to influence the stock and commodities markets? If so, how? 6) Do the Fed and the Treasury lend or lease gold? If so, to whom, for what national purpose, and under what terms? -END- ------------------------------------------------------------------------ eGroups.com home: egroups.com egroups.com - Simplifying group communications