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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (7701)	5/9/2001 10:13:39 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

No doubt... While I wait to get back to even on this pup... all the other gold stocks continue to rock higher... NEM gona hit 20 smacks today....Now at 19.93 up over 6%... OH YEAH.... Best Regards, J.T.

To: marginmike who wrote (7701)	5/9/2001 10:19:48 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

More fuel to da fire... An open Letter/Request (FOIA) to the US Treasury from Joseph N. Tlaga Marty Weber Disclosure Officer Financial Management Service United States Treasury 401 14th Street, S.W., Room 553 Washington, DC 20227 This is a request for information under Freedom of Information Act; It is in writing and it is signed; It is faxed to (202) 874-7016; It reasonably describes the information requested; The category of the requester for fee purposes is "all others"; The requester agrees to pay all fees that might be incurred; Expeditious processing, bypassing the 20 business days deadline, is respectfully requested: DOES THE TREASURY OF THE UNITED STATES OWN 54,067,331 OUNCES OF GOLD AT U.S. MINT IN WEST POINT, NEW YORK, WHICH ARE CLASSIFIED IN F.M.S. STATUS REPORT OF SEPTEMBER 30, 2000, AS "CUSTODIAL GOLD BULLION"? YES OR NO? FMS Status Report of US Treasury Owned Gold dated August 31, 2000, identifies 56,945,284 fine troy ounces as stored at US Mint in West Point, New York: 54,097,041 ounces are classified as Gold Bullion Reserve, and the remainder is subdivided into 18 separate Programs ranging from 2,608,103 ounces in Gold Eagle Program to 53 ounces in World Cup Program. The next month Status Report, dated September 30, 2000, identifies 56,945,838 ounces in West Point: 54,067,331 ounces are classified as Custodial Gold Bullion, and 2,878,507 ounces as PEF Gold. Because the terms Gold Bullion Reserve and Custodial Gold Bullion appear to be used interchangeably within US Mint, and because US Mint's role is that of a legal custodian of US gold and silver stockpiles (which are reported in the custodial segment of the Treasury's Statement of Financial Position both as an asset and an offsetting custodial liability), this change from Gold Bullion Reserve to Custodial Gold Bullion may be perfectly innocent and inconsequential. Consolidation of 18 separate categories into PEF Gold is self explanatory, as PEF borrows gold and silver bullion for numismatic operations and returns it from new gold and silver purchases (which are made after Gold and Silver Eagles are sold). Unfortunately, this seemingly innocent change is open to horrendous interpretations, in view of the ongoing suppression of the price of gold by combined effect of massive gold selling and leasing operations by central banks and flooding the market with gold derivatives by the bullion banks. One such interpretation is presented in an article "Behind Closed Doors" fgmr.com The article informs that inquiry about who now owns the gold stored at US Mint in West Point was not answered by the US Treasury, but it does not say when the request for information was submitted, and whether it was submitted as a FOIA request (which would make it subject to a 20 business days reply deadline). The reason why this FOIA request is submitted with request for expeditious processing is that it may substantially influence the outcome of a law suit of national importance now pending before Judge Reginald C. Lindsay at the US District Court for the District of Massachusetts (Howe vs Bank for International Settlements, et al). If the West Point gold was in fact swapped for Bundesbank gold and used for leasing operations, disclosure of this fact now would be likely to prevail on denial of defendants' motions to dismiss; and if it was not so swapped, disclosing this fact at the time of oral argument to paint the plaintiff as yet another conspiracy theorist would be likely to prevail on granting defendants' motions to dismiss. As a party to this lawsuit (one of the defendants), Secretary of the Treasury thus has a direct interest in not disclosing this information right away, but he also represents the dignity of the Government of the United States and should act accordingly. This FOIA request calls for a simple Yes-No answer. Only the Secretary of the Treasury himself can answer this question authoritatively. Anyone else can only make educated assumption, which would not be any better than a conjecture made by the author of "Behind Closed Doors". Dated: May 7, 2001. Joseph N. Tlaga 2060 SW 81 Avenue N. Lauderdale, FL 33068 (954) 718-2118 tlaga@shadow.net Best Regards, J.T.