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To: Michael Collings who wrote (70292)5/24/2001 10:24:37 PM
From: long-gone  Respond to of 116762
 
Wednesday May 23, 05:00 PM

Yahoo! News

Secretive Bilderberg group to meet in Sweden
By Peter Starck

STOCKHOLM (Reuters) - EU enlargement and the bloc's military role, NATO's future and developments in Russia and China will top the agenda when senior Western business leaders, politicians and a sprinkle of royalty meet in Sweden this week.

The Bilderberg group, a semi-secret discussion forum for the Western world's power elite, will hold its annual meeting in the town of Stenungsund on the Swedish west coast on May 24-28, Swedish newspapers reported on Wednesday.

A 900-metre long metal fence has been erected around Hotel Stenungsbaden, the meeting venue, to keep intruders away, regional daily Goteborgs-Posten said, publishing a picture of the fenced-in hotel.

Anti-globalisation demonstrators are expected to protest outside and local police see the event as a useful training exercise ahead of the mid-June European Union summit in the city of Gothenburg 50 km (30 miles) to the south.

The Bilderberg group, named after the hotel where it first met in 1954, was formed early in the Cold War era in reaction to a growing Communist threat. Today, many critics see it as a conspiracy and an agent of a new capitalist world order.

Bilderberg member Jacob Wallenberg, chairman of the board of commercial bank SEB and head of Sweden's influential Wallenberg family whose empire has a finger in most big Swedish industries, played down the group's importance.

"This is one of many meetings all over the world where decision-makers get together," he told the daily Dagens Nyheter, which earlier published the main agenda topics.

Invited as speakers, Bill Clinton and Tony Blair were groomed at Bilderberg meetings before rising to fame as U.S. President and British Prime Minister respectively.

EU Commission President Romano Prodi, NATO Secretary-General George Robertson and European Central Bank Governor Wim Duisenberg all have a past as Bilderbergers.

SHAPING CAPITALISM

"Even though no formal decisions are made...this group, together with many others, has contributed to shaping the kind of capitalism we have today and cemented the world's leading business elites together," Goran Greider, editor-in-chief of Dala-Demokraten, a regional Swedish daily, said in a live studio debate on Sweden's TV4 television.

Bilderberg participants abide by the so-called Chatham House rule, which forbids everyone present from disclosing what anybody else has said.

"The secrecy is regarded as very provocative. Men in power talk towards consensus behind closed doors on timely issues on the political agenda," Ulf Bjereld, a political science professor at Gothenburg University, said.

Bilderberg members include former U.S. Secretary of State Henry Kissinger, U.S. Senators Christopher Dodd, John Kerry and Chuck Hagel, World Bank chief James Wolfensohn, France's central bank governor Jean-Claude Trichet and former IMF heads Michel Camdessus and Stanley Fischer.

Also listed are the chairmen of car makers Fiat, Giovanni Agnelli, and DaimlerChrysler, Juergen Schrempp, former British finance minister Kenneth Clarke, Dutch Queen Beatrix and Xerox Corp CEO Paul Allaire.

uk.news.yahoo.com



To: Michael Collings who wrote (70292)5/24/2001 11:34:46 PM
From: Square_Dealings  Respond to of 116762
 
"inflation is not a problem"

Meaning its ok if the price of gold goes up from here <g>

And its ok if fuel and energy prices go up, its the only way to let supply and demand come into balance. The Fed is lowering bank rates but lending rates and bond rates are not going down. So the banks will make more money and hopefully be able to handle the flood of bad loans theyve made. Credit terms are tighter and gold loans will surely slow down and get more expensive.

M.



To: Michael Collings who wrote (70292)5/25/2001 1:19:14 AM
From: ct  Respond to of 116762
 
I haven't posted on SiliconInvestor in a long time but do read your posts ever now and then. Since you are discussing Greenspan's speech, thought you might be interested in this which was included in Bloomberg's article about Greenspan's speech. It goes on to say what Meyer had to say today which is not exactly the same as what Greenspan said.

``Given that labor markets remain tight, that inflation remains above the rate that I would find acceptable over the longer run, and that core inflation has been edging higher, attention must also be given to calibrating the easing to avoid overshooting in the other direction,'' Meyer said in a speech at a finance and investment seminar in Edinburgh, Scotland.



To: Michael Collings who wrote (70292)5/25/2001 8:14:02 AM
From: Alex  Read Replies (2) | Respond to of 116762
 
Russia's Gokhran sees no big gold exports for flood victims

By Oleg Kirsanov
Moscow, May 25 (BridgeNews) - Russia does not plan to increase gold exports
from its central reserves to finance rebuilding of towns and aid victims of
large-scale flooding in East Siberian region of Yakutia, an official with
Russia's State Depository for Precious Stones and Metals (Gokhran) said Friday.
However, a small portion of Yakutia's own gold reserves could be sold should
the President Vladimir Putin permit such exports, the official said.
* * *
"We are not planning any special exports and we have not received any
orders (to prepare documents for boosting gold exports)," Sergei Prokhorov, an
aide to Gokhran's Chairman Valery Rudakov, told BridgeNews.
"Like any other gold producing region, Yakutia has its own gold reserves
because a share of the produced gold goes to the regional fund. As I
understand, there are intentions to sell some amounts from this fund,"
Prokhorov said.
Putin said Thursday visiting Yakutia that he was ready to sign decrees on
additional exports or gold and diamonds, but only if there was a "clear
mechanism" of how the money would be distributed.
Putin's economic advisor Andrei Illarionov said Thursday he saw no danger
for the federal budget due to the extra spending on the flood victims.
All these facts indicate that Russia is most unlikely to be in a hurry to
sell the extra gold and the effect on the world market to be any significant.
The spot and forward gold price fell in U.S. markets Thursday on the news
that Russia might sell gold reserves to aid the flood victims. However, U.S.
traders said that the news was just an excuse for profit-taking and stop-loss
selling on technical corrections. (Story .2333)
Russia's uncut diamond giant Alrosa (Diamonds of Russia-Sakha) has proposed
also to sell some unique diamonds (above 50 carats each) from its reserve worth
U.S. $30 million.
In 2000, Russian banks exported about 70 tonnes of gold, while the state
gold exports are unknown, but believed to be considerably below this figure.
Russia's gold output last year rose 13.2% on the year to 142.5 tonnes and
is expected to exceed 147 tonnes this year. End



To: Michael Collings who wrote (70292)6/23/2001 10:11:08 PM
From: long-gone  Read Replies (1) | Respond to of 116762
 
Na, don't suspect all will be thankful:
Kissinger's Infamous 1992
Bilderberg Quote In Evian, France
6-23-1

Henry Kissinger in an address to the super secret Bilderberg Organization meeting at Evian, France, May 21, 1992 said the following as transcribed from a tape recording made by one of the Swiss delegates:

"Today American's would be outraged if U.N. troops entered Los Angeles to restore order; tomorrow they will be grateful. This is especially true if they were told there was an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead with world leaders to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well being granted to them by their world government."
sightings.com