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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (5089)	4/6/1999 6:39:00 AM
From: long-gone	Read Replies (1) \| Respond to of 82038

re: GATA web page counter I was hoping something more along the lines of a counter on the page. regards richard

To: Bill Murphy who wrote (5089)	4/6/1999 10:58:00 AM
From: IngotWeTrust	Read Replies (2) \| Respond to of 82038

LIAR! U said "cookies" were only 4: ease of movement on Ur website" You can't even tell the truth when a loyalist asks you straight out, a loaded question, Bill. Dropped the ole pigskin, AGAIN!!!! ACCOUNTABILITY TIME, NOW, WRONG-WAY-WILLY: Here's those nasty 6 Qs(now 9) YOU WON'T answer, no matter how politely you're asked!!! Nope, you're just asking fer money, won't answer Qs for anyone, ...let alone potential donors (now that the early suckers have been picked clean...) Hell, with those low site "sightings," the press corp isn't even checking in on your GATA-eat-somehow-b/c-YOU, MURPHY-don't-have-a-real-job website" on a regular basis! HELL!! Matt Drudge's numbers are higher than that just from the White House checking in!!! original post = #4503 on Dutch Central Bank Selling SI thread 3/18/99 at 1:47 PM PST The Questions are: (again for the 8th [MIRROR] time:) 1) Since GATA is a For Profit Corporation, there are you and 2 others as officers. Is this correct? Answered 3/18/99: GATA is a "Not-For-Profit" organization. Answered 3/19/99: In reply to Darleen (see above) this appears to not be the correct answer, so this is still unanswered by a yes or a no. Writes: Pete S 3/20/99: "GATA is a 'not for profit' but I don't know any details." 2) What is the retainer fee being requested by the law firm you, as GATA are pretty set upon using? 3) Since you are exploring an anti-trust action --and have noted many times on this thread how much cash settlement M&B won on their most visible previous action-- is or is not this case being taken on a contingency fee/split agreement? 4) If yes it is a contingency fee case, then why is there a retainer fee requested in advance? 5) Assuming success in your actions, what is the current GATA plan for splitting of their portion of the judgement award? 6) Since this is a private, for profit corporation, how do contributors secure timely, audited financial statements? Partial Answer/extrapolation: this is now declared to be a "Not for Profit" as of 3/18/99. ººº As such, there are legit avenues, governed by the state of Delaware, and the particular IRS organizational code, for GATA contributors or any interested party who wishes a look into the books on a timely manner a means to do so. ººº Readers: Please refer to retraction/modification under point one. Delaware filing structure is back in the non-disclosed category, and remains to be answered. NEW ADDITIONS #7 What is the A) estimate of costs of fundraising by your target PR firm, B) initial deposit amount currently requested as the result of your inquires of the PR firm. Bill sez: thus far the biggest contributors to GATA are the Committee members themselves. #8 So if your much ballyhoed lawfirm choice and your dittoed PR firm choice take the committee members biggest proportion of contibuted funds (what 85-90% of $38,000 is from you 3?) will any of the 3 of you be able to eat? You can spend your personal funds anyway you want, Bill, no problem there. But just how is the PR firm going to put money into your organization and get the tax write off they want for their "donation?" Big bucks don't come cheap, or without strings! But you should already know that since you won't answer the "stringy questions" from the Silent Six behind my posts! And what is the percentage they will keep of the funds they raise? There are not for profit organizations in the real world who barely spend 3c on every raised dollar to the actual "educational and political cause" as Chris Powell describes it. How much of each dollar is YOUR P/R firm going to feed back to you XYZ committee members? #9 (From Dr. Searle) Will you be returning the donations money to those who contributed when GATA fails to file the lawsuit? It's been 7 business days, Murphy, since you visited the attorneys officially in your much ballyhooed junket on donor money to Philadelphia...how come you ain't talking DOLLAR SIGN goals yet?

To: Bill Murphy who wrote (5089)	4/8/1999 4:32:00 PM
From: long-gone	Read Replies (3) \| Respond to of 82038

Board of Governors of the Federal Reserve System March 29. 1999 Mr. Richard Harmon (address omitted) Dear Mr. Harmon: Senator Allard has forwarded you concerns regarding the gold market to the Federal Reserve for our response. Your communication quotes Chairman Greenspan's July 24,1998, testimony before the House Banking Committee in which Chairman Greenspan stated that "...central banks stand ready to lease gold in increasing should the price rise." This statement was made in the context of demonstrating the unlikelihood that private market participants could restrict supplies of commodities traded in over-the-corner(note: yes, that is the way it is in the letter) derivative markets, thereby distorting settlement prices. You draw the conclusion from chairman Greenspan's remark that the Federal Reserve, together with other central banks. Has manipulated the gold market by leasing quantities to prevent the price rising. However, the Federal Reserve is prohibited by law form buying, selling, or owning gold. The U.S. gold stock is owned by the U.S. Treasury. Accordingly, the Federal Reserve cannot take and has not taken any action in the gold market to manipulate the price of gold. More broadly, the Treasury has taken no action to manipulate the price of gold. As for the actions of other central banks, it has been widely reported that an increasing number of them are participating in the gold-lease market to earn a small return on their holdings. When the price of gold rises, it can become more attractive for gold producers to hedge by selling gold forward, an activity that depends on the availability of leased gold form official holdings. Market forces are unleashed that induce improved incentives to lease. (And this statement makes me know we have them) Central banks stand ready to respond to such incentives and have often, but not always, done so. The Federal Reserve has played no role, and intends to play no reole, in the decisions of other central banks. I hope this information is helpful. Sincerely, Donald J. Winn Assistant to the Board cc: Senator Allard (If it is not manipulated, how does he know "Central banks stand ready to respond to such incentives? We know this is a lie, because the Federal Reserve agrees with the IMF statement which prevents members from use of a gold standard!) rh PS, Bill, I know we are on the right track now, it took me less time to get an answer than it has a member of Congress.