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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: lurqer who wrote (8738)	11/3/2002 7:39:11 PM
From: Jim Willie CB	Respond to of 89467

Chapman confirms my JPMorgan massive $70B fraud rumor!!! just call me Jim Willie Drudge eeeeeeehaaaaaiiiii !!!!!! Chapman On Gold Don Murphy, a technical analyst with Merrill Lynch speaking on CNBC says, "My view is that I like gold as an investment. I'm inclined to think that gold is making a secular low, a buy of a generation!" He went on to say, "To be conservative, I'm going to say $450 to $550, but my thought is that gold could go back and challenge the levels we saw in 1980-81 at $850 an ounce!" Firing of gold analysts....."Midyear it was Kevin Crisp and Dinsa Mehta of Morgan and Chase. Yesterday, it was Goldman Sach's Dan McConvey. These three were very well known in the gold industry and were among the leading apologists for their corrupt bullion banks. McConvey had the perfect background for Goldman as he came there via Barrick Gold." Could it be that exposure is near? Rumors abound that there is massive accounting fraud at JP Morgan Chase and they are under investigation. It seems the US attorney's office and the New York Attorney General have major investigations in progress. They are in the process of trying to prove criminal intent. The word is their losses, which have been covered up, run to $70 billion. It's expected the hammer will be dropped in the month of December. It's been reported that daily shipments by truck of Federal Reserve Gold out of NYC is covering a $170 billion fraud concealing $70 billion in losses. If this is true, and we believe it fits, then gold would skyrocket. full article: gold-eagle.com my response: my reporting of the JPM fraud investigation is but one of many singing in painful rhyme about Manhattan choruses I give 1000:1 odds that the SD2 Scoop is not alone he would NOT base his report on Internet Message Boards he has his own reputation to defend and think about from what Joe tells me from my club, FannyMae is part of the bankers community which is circulating this rumor... they believe it is based on AttyGenl activities... their set of bankers roam around, lunch together, have buddies from former positions, have school chums in rival firms, and thus form a community that breathes and talks to each other this is the basis of the rumors I dont doubt my Joe for a minute let's see if the JPM departures escalate I must admit it is a thrill to see Chapman's word in widely circulated print I will attempt to send him an email in order to verify that the rumor is as wide as I believe it is / jim

To: lurqer who wrote (8738)	11/3/2002 8:25:09 PM
From: Jim Willie CB	Respond to of 89467

The Role of Gold - Dollar Imperialism an impressive strategic stroll down historical lanes and future paths full article: gold-eagle.com an excerpt: The Future Role of Gold - Gold's role will increase seamlessly - as turbulence in Macro-economics and currencies increases, together with rising pressure on the World's Monetary systems. - Individual nations will write their own rules for gold within their own borders. - Each nation will follow the road of pragmatism in gold dealings as was the case with India's, use of gold in meeting international obligations. - Official transactions, such as seen between Brazil / Mexico and the I.M.F. will cease to be exceptions. - Gold cannot have an effective role in the World's Monetary system except at a significantly higher price! - The Washington Agreement was the key to an orderly market restructuring. Its renewal seems certain. - The I.M.F. and the B.I.S. will play a significant but unobtrusive role in gold's functioning in the Monetary system - as always. - New supplies of gold could well be managed to the producing countries benefit. - Gold will fit into the objectives of its Political masters - so it is hoped. However, there may be times when they attempt to quash gold again. A prime objective will be to ensure gold silently supports fiat currency and buttress the impression that they have a substantial gold backing. - Both Inflation and Deflation are good for gold as is war and any other tragic time of man's history. / jim