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To: lorne who wrote (46922)1/9/2000 9:07:00 PM
From: Rarebird  Respond to of 116758
 
<If the Fed or Gov. or both are involved in some form of market manipulation why would they risk exposing what they are doing by putting someone on trial who can name names, supply dates, and expose how this so called cartel operates>

Assuming your premise is correct ( which I personally don't hold to be true), he would be the fall guy. Loyalty has its rewards.



To: lorne who wrote (46922)1/10/2000 12:25:00 AM
From: m jensen  Respond to of 116758
 
Market manipulation, and Armstrong may very well be two different scenario's.

It is hard not to believe there is a concerted effort to keep the POG from rising ( exploding ). The crux of the problem no doubt lies in the over extension of the paper market, whereas the obligations of the paper market non physical possesion cept for da paper that lays claim to it has far exceeded the reality of physical to cover. And in order to continue to keep the inevitable from happening the paper game continues completely unbacked and issued in a effort to drive the paper price lower.

I wonder where the leverage stands today with respect to each ounce of physical?

This house of glass perhaps is no better than the banks that hold $10 cash for every $100 on deposit or less (and we all know the fear of Y2K ) The exposure lies in physical delivery of goods which was evident on the last spike.

There must be a pile of easy money sitting here!

If they let it run where would it all settle out, $500 $800 $1000 or higher nobody knows for sure although it would seem to be a rather lofty assumption if only based on the apparent effort to keep it under wraps.




To: lorne who wrote (46922)1/10/2000 12:46:00 AM
From: d:oug  Read Replies (1) | Respond to of 116758
 
lorne, in a general way I will comment about the Martin Armstrong affair.

Just to jump ahead abit, I still hope the GATA organization will be able
to obtain this man and prevent his information from being snuffed out
thru either (1) slip on bar of soap (2) plea agreement with government thugs
that results in others(not in the gov't "in" crowd) being targeted,
while others "in" identified not be called to face the music because the
information will be court sealed and accountability left to the thugs
to protect their "own" kind.

I'll use a phrase I really detest because when used towards me the hair
on the back of my neck stands up. But based on what I just said I think
that are getting a clue on where I view the situation.

phrase I hate = "... get my drift ?"

So let me drift into your comments, and I will add my own not as
answers but another possible view or guess or speculation.

<<...assume that Armstrong is part of the manipulation gang>>

From what he has written to GATA I see this man like Hutch on this
thread, a good and honest person that uses a corrupt and bad and evil
system "as is" to accomplish their job/profession in a manner that
reflects their superior ability to raise to the top.

Ayn Rand's novel The Fountainhead had such a character,
a person from the wrong side of the tracks,
aware of his potential,
aware of the smoke and mirrors and dark side of everyday life,
realized than he could obtain his goals using "the system",
this rather than the other path that does not "feed" off incorrectness
because that path has many things to stop and hurt an honest approach,
things in "the system" are easy to deal with and defeat if one enters
the "way things are and done" verses being "at their mercy".
So the honest path only has a 50/50 chance for success,
the "join the way things are system" has an 90+% chance for success,
and upon further investigation,
if one "agrees" to use the corrupt system,
while NOT even becoming a MEMBER,
then success is not only guaranteed 100%
but the level of success actually will be greater.
This man in the novel created a "trash" newspaper,
stuff that people will buy always,
eventho it has no value,
eventho they do NOT realize that it DOES take away value from their lives.

But back to your comment,

<<Armstrong is part of the manipulation gang..>>

I say he is not a "member" of the crowd/group/net that GATA points to,
but uses that system or environment to do his work.

<<...he has inside information on the workings of this cartel.>>

From above, he knows the inners of it, but is not an insider.

<<And lets assume that the Fed or Government is somehow involved
with this manipulation cartel.>>

A really good reply to explain the nature of this is for someone
on this thread to post the full page article Ayn Rand ran in one
of the big New York newspapers many years ago at the time President
of USA Nixon "quit" because of the Watergate scandle. It explains
how many many good and honest people can carry out the wishes of a
system that is based on bad and corruption and criminal ideas as its
foundation, with the end result being that no one can be identified
as the source or ring leader. <<is somehow involved>> Yes, deeply,
but you would go in circles looking for the start or source.
The best GATA can do is identify the damage done and being done,
and then put a stop to it and hopefully put into place a means to
prevent another misuse of paper money etc....

<<If the Fed or Gov. or both are involved...
...why would they risk exposing
...by putting someone on trial who can name names,
supply dates, and expose how this so called cartel operates.>>

My "drift" is that Martin Armstrong is not an insider, but has insider info,
and the only reason he was identified and targeted was the simple events of
all corruption and criminal active that rot and corrosion are the end results
that can not be denied no matter what measures are taken by those who try
and keep the "game" going. So, as things go out of control, things come
untied, the stink and garbage and crap appear out in the open, then all
those "associated" with using this stuff will do what is needed to help
and protect themselves from damage or lost. My speculation is that
Martin Armstrong was doing things the "system" did not like. Also, very
possible the "system" in a desire to keep itself going longer was doing
things against Martin Armstrong that he did not like. A big mess.

<<Why not do as they did with LTCM. and bail him out...
... why they would risk exposing any wrongdoing they may be involved in. ??>>

That article Ayn Rand ran in the newspaper about Watergate,
no one is really in charge or running the whole show.
At the point that the "corrupt system" breaks down, its that classical
"everyone for themselfs", "do it to them before they do it to you".
Or another way I undestand the why <<risk exposing...>
is the following expression,
"In an incorrect situation, incorrectness happens."

<<...he would be the fall guy.
Loyalty has its rewards.>>

For Martin Armstrong its a lose/lose situation,
his degree of lost will be determined
first if he agrees to help the thugs,
if not, he is toast,
if he does, then it depends how much value he is to protect the bad ones.

But if he joins GATA,
and GATA can put a Political Squeeze on a certain party,
then Martin Armstrong can not lose.
But if he takes that route,
and GATA cannot use his knowledge,
then Martin Armstrong is guaranteed to be extra well done toast.

doug



To: lorne who wrote (46922)1/10/2000 8:08:00 AM
From: long-gone  Respond to of 116758
 
<<If the Fed or Gov. or both
are involved in some form of market manipulation
why would they risk exposing what they are
doing by putting someone on trial who can name names,>>
suppose he is well aware of it, but not enough to "name names".