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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (6082)	1/5/2002 1:30:52 PM
From: gold$10k	Respond to of 36161

mishedlo, There are some who believe that more than 80% of the gold in Fort Knox has already been sold... oops, I mean re-classified. gold-eagle.com

To: mishedlo who wrote (6082)	1/5/2002 4:54:34 PM
From: c.hinton	Read Replies (1) \| Respond to of 36161

Regarding governmental ability to controll an economy;I like the term "Controlled Collapse"that is being used in reference to japan.g

To: mishedlo who wrote (6082)	1/7/2002 3:19:38 AM
From: gold$10k	Respond to of 36161

Accounting for the ESF's Gold Swaps - more evidence from James Turk "In summary, there is still some room for more interpretations about the precise accounting, but I think we have taken one more giant step forward by providing this evidence to account for the gold swap. We have explained how the ESF has been surreptitiously intervening in the gold market. We know where they get the metal that they need. We now also know how they account for it. And we know their motive - to keep the illusion that the dollar is worthy of being the world's 'reserve currency'. And all of this ESF gold-related activity has been occurring without Congressional approval, which as noted, is not needed. Over the past few years I have presented in these letters strong evidence that the gold price is abnormally low because of government manipulation. The evidence is compelling, but not everyone has yet been convinced. Two reasons most often emerge to explain their skepticism. They note the absence of any Congressional approval putting the US Gold Reserve into play. We now know that Congress has no control over the gold reserve, and their approval is not needed. The other reason for their skepticism relates to reporting. How can the US government report the ownership of gold assets in West Point that are really owned by the Bundesbank? The answer is simple - only if the US government owes the gold. The CFS reports the offsetting gold liability, so the US government holds the gold asset in custody for its real owner, the Bundesbank, which explains why the West Point reserve was changed to Custodial Gold - the US government doesn't own it." gold-eagle.com