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

To: IngotWeTrust who wrote (74874)	8/12/2001 11:58:42 PM
From: d:oug	Read Replies (1) \| Respond to of 116768

How Summers learned that as treasury secretary he'd need to rig gold. groups.yahoo.com By Reginald H. Howe www.GoldenSextant.com August 13, 2001 ... especially his 1966 essay "Gold and Economic Freedom" (reprinted in Ayn Rand, "Capitalism: The unknown Ideal"), Fed Chairman Alan Greenspan is..... Far less widely known are professional articles on gold by another young economist who also went on to serve until quite recently in some of the nation's top economic policy positions..... Lawrence H. Summers, then Nathaniel Ropes professor of political economy at Harvard, co-authored with Robert B. Barsky an article entitled "Gibson's Paradox and the Gold Standard" published in the Journal of Political Economy (vol. 96, June 1988, pp. 528-550). The article, which appears to draw heavily on a 1985 working paper of the same title by the same authors, is an excellent technical piece, revealing a high level of expertise regarding gold, gold mining, and the connections among gold prices, interest rates, and inflation. ... for any administration concerned that the bond vigilantes on Wall Street might thwart its economic policies by pushing up long-term rates at inopportune times, the article is must reading and qualifies its authors as attractive candidates for government service. Of even more interest, looking at the Clinton administration retrospectively, the article provides strong theoretical evidence that since 1995 gold prices have not acted as would be expected in a genuine free market, but instead have behaved as if subject to what the authors describe as "government pegging operations." ... in this light... the post-1995 gold market appear less accidental and more as the handmaidens of the government price-fixing operations that the model reveals..... ... [Three days] earlier, in Courtroom No. 11 of the new U.S. Courthouse on Boston Harbor, the search for the truth about his interim service in the highest positions at the U.S. Treasury will resume. Judge Lindsay has scheduled for Tuesday, October 9, at 3:30 p.m, a hearing on the defendants' motion to dismiss in Howe vs. Bank for International Settlements et al. The underlying issue in that proceeding is whether the Constitution and laws of the United States may be enforced in a federal court action challenging the authority of Mr. Summers and other American officials... to conduct the surreptitious and illegal gold price-fixing operations exposed even by his own academic research. exposed even by his own academic research. exposed even by his own academic research. exposed even by his own academic research. exposed even by his own academic research. exposed even by his own academic research. -END- Subj: James Turk BOMBSHELL - The Mystery of the..... Date: 8/12/01 5:28:28 PM EST From: LePatron@LeMetropoleCafe.com To: ak ak ak @ cheepcheepcheepawhell Le Metropole Members, James Turk has served a BOMBSHELL at The Little Bear Table entitled, "..... Le Patron Note: Little Bear lost his battle with lung cancer this week..... Little Bear was a most inspiring and spirited little bugger. As Chairman of the Gold Anti-Trust Action Committee, I will inculcate that spirit in my focused efforts to defeat The Gold Cartel. That is just what he would have wanted. The two pieces served today at The Cafe by Reg Howe and James Turk are proof that the GATA camp is closing in on the cabal. Their days are truly numbered. We now can go back to members of Congress with a new set of questions that will tighten the noose around The Gold Cartel's neck. Little by little, week by week, the adage in the..... NOWWHERE TO RUN, NOWWHERE TO HIDE Le Metropole Cafe All the best, Bill Murphy Chairman, Gold Anti-Trust Action GATA Le Patron, Le Metropole Cafe What Is Happening to America's Gold? by James Turk © by The Freemarket Gold & Money Report.,