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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (66221)	3/20/2001 5:16:02 AM
From: d:oug	Respond to of 116763

MarketMavens.com - Gold Market : Jay Taylor tfc.com Weekly Gold & Industry Update By Jay Taylor, J. Taylor's Gold & Technology Stocks Posted Monday, March 19, 2001 The Bull Market Is Over!..... What Will Trigger Capitualation?..... A Bounce Back Next Week?..... $5 Trillion Of Equity Value Lost & Can't Be Made Up!..... Gold Not surprising to me at least, the U.S. Treasury filed a motion to dismiss the lawsuit brought against it by Reginald Howe, which cites among other charges, manipulation of the gold market. This is almost an automatic requirement of the Treasury. For the sake of honesty and truth, we can only hope the Boston Federal judge agrees to hear the case. If he does, the actual position of the Bush Administration on the question of whether government is permitted to violate anti-trust laws will be discovered. Given the "dogs breakfast" the Clinton Administration left for the new Administration, it would not be hard to excuse the new U.S. Treasury Secretary if he chose to fight the law suit. We say that because if Frank Veneroso's most recent estimates of the maximum amount of gold now lent by central banks is true, the cost of unwinding the short position by the Central banks, especially given extreme leverage on their balance sheets - may almost certainly lead to a financial panic and ruination of the global financial system. Frank suggests that as much as 17,000 tons may now have been lent out. That compares to around 35,000 tons that is reported as being on the balance sheets of central banks. If I understand correctly, the central banks really report their gold holdings untruthfully because rather than record gold lent out as a gold loan they report it as if the gold was still in their coffers even though it has been sold into the market and is now in the form of jewelry. It would not be difficult - with a clear conscience in my view, for the new Treasury Secretary O'Neil to effectively argue that it would be irresponsible for him to allow the markets to see an honest view of the illegal activities of the U.S. Treasury & Federal Reserve, if doing so triggered an international financial collapse. If the world believed in the credibility of Frank Veneroso's..... Will The Russians Join The South Africans? Meanwhile, GATA is making progress in getting the world to look at charges of gold price manipulation among the people who have been really hurt by the manipulated gold price. In last week's hotline, we noted how GATA was picking up a great deal of support from South Africa. Now, this week, there are..... Jay Taylor is a regular contributor to MarketMavensReport.com . In 1981 he began publishing North American Gold Mining Stocks, which preceeded J Taylor's Gold & Technology Stocks and J Taylor's Gold Resource & Environmental Stocks.

To: d:oug who wrote (66221)	3/20/2001 7:45:36 AM
From: Rarebird	Read Replies (1) \| Respond to of 116763

<U.S. government moves to dismiss GATA/Howe lawsuit.> I thought you had told us all here that the Bush Administration would be pro-Gata? What happened? Is the "integrity" of Truth asserting itself? ROFL. PS Cry GATA Cry.

To: d:oug who wrote (66221)	3/21/2001 11:05:59 PM
From: d:oug	Read Replies (2) \| Respond to of 116763

Gold price-fixing lawsuit update from Reg Howe. 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: 1468 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. This Gold Price Monitor thread on Silicon Investor has no other item more on-topic in the gold markets that the activities of GATA. GATA hopes that it will be successful and contribute to the undoing of those hardships inflicted onto the people of Africa as a direct result of the collapse of their gold mining industry as the price of gold has been manipulated in a criminal manner to remain under a price to allow their nation to care for itself. 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 BeanTown, Massachusetts. Please exit this post with concerns generated from above. [End of Warning.] Gold price-fixing lawsuit update from Reg Howe. 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 info at goldensextant.com By Des Parker Durban Daily News February 1, 2001 gata.org The war savvy of legendary 19th-century Zulu king Shaka is inspiring American crusaders determined to end what they say is an international conspiracy holding down the price of gold regardless of the economic and social cost to mining countries such as South Africa. 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