To: MulhollandDrive who wrote (185460 ) 8/1/2002 6:18:32 PM From: Secret_Agent_Man Read Replies (2) | Respond to of 436258 "This Master Plan was put into place for good in the month of June 1996 when the cabal [Assembled by the Fed] succeeded by their concerted selling, in breaking the 200 day moving average of the price of gold to the downside. Thus they had demonstrated a full control of the price of gold. Having grasped the utopian goal of no inflation through a manipulated gold price, the Fed and it's acolytes began to figuratively rape and pillage the investment landscape. Interest rate derivatives exploded 225% at JPMorgan Chase that quarter because there now was no threat of higher interest rates because the last remaining force that might move the dollar down, rising gold, had been vanquished. GSEs through Fannie Mae and Freddie Mac exploded for the same reasons...it was a sure thing, once higher interest rates were out of the picture. These neo-alchemists forgot to tell their Master of the Universe one little thing. They forgot that it would be necessary to sell tonnes and tonnes of a limited physical gold resource in order to keep this whole ponzi scheme afloat. So the IMF wrote rules to double count the central bank gold reserves in order to "Inflate " the actual metal deposits [IMF Statistical Accounting Seminar October 1999 Santiago, Chile]. That's not the only coc*roach between the Boston and the Crème Pie. The gold derivative "assets" [$41 Billion worth] on JPMs books aren't really assets at all since they came from a loan from the US Treasury and Fed. They must according to GAAP rules be called a liability [The conflict between IMF and GAAP meets HERE]. So Mr. Harrison, JPMs CEO, faces a dilemma on August 14, 2002. Does he certify that the gold derivatives are assets or liabilities. He could go to jail if he chooses the wrong accounting "door". " This Gold-eagle post by Mike Bolser says it all. When Morgan (cabal) loses its grip, gold heads towards $800/$1,000: Date: Thu Aug 01 2002 13:26 Winston (from Sector at USA Gold) ID#103450: