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1:28a ET Thursday, March 9, 2006
Dear Friend of GATA and Gold:
Alan Greenspan confessed to the gold price suppression scheme while he was chairman of the Federal Reserve. He gave his famous testimony to Congress on July 24, 1998: "Central banks stand ready to lease gold in increasing quantities should the price rise."
The key to understanding the manipulation of the gold market, this enormous scandal and fraud, is that it can be compared to a murder trial. In the United States a murderer can be put to death if he is found guilty beyond a reasonable doubt.
Tuesday, August 9, 2005
The Gold Anti-Trust Action Committee's Gold Rush 21 conference concluded today in Dawson City, Yukon Territory, Canada, by adopting the Dawson Declaration, appended here:
THE DAWSON DECLARATION
Resolved by the Gold Anti-Trust Action Committee's Gold Rush 21 conference at Dawson City, Yukon Territory, Canada, on Tuesday, August 9, 2005:
Last week in a Midas commentary we saw a brief paragraph with a quote from the CPM group. I have not seen any reaction to this news. I believe the message from the CPM Group is important to Gold investors so I decided to do a little research into the opaque world of Central Bank Gold and share it with you.
By Ed Wener
"Cautious, careful people, always casting about to preserve their reputation and social standing, never can bring about a reform. Those who are really in earnest must be willing to be anything or nothing in the world's estimation, and publicly and privately, in season and out, avow their sympathy with despised and persecuted ideas and their advocates, and bear the consequences."
Susan B Anthony
- Gold and Gold Equities: The near term is uncertain. The near-term path of the dollar is unclear. The world is probably decelerating towards disinflation. This could be a negative.
- The ability of the gold futures market to absorb large spec liquidation on a small price break is long term bullish. Perhaps, the official sector is conducting an orderly retreat.
- As opposed to our very positive supply/demand framework, the “official” gold supply/demand framework is not especially constructive. It now diverges so much from historical trends and abundant anecdotal information, that it has become discredited.
On Gold Bugs and Net Shorts
By Dennis Gartman
The Gartman Letter
Tuesday, September 14, 2004
The gold bugs are a strange lot, really. They see conspiracies everywhere and at all times. If the government is not conspiring against the public, then business is conspiring against the government, or business AND the government are conspiring against the public, and, if not that, then all three are conspiring against ghostly, foreign forces that are set to wage some sort of economic war against the country.
The London Bullion Market Association
Bullion Market Forum
Baltschug Kempinsky Hotel, Moscow
June 3-4, 2004
Perspectives on Gold: Central Bank Viewpoint
By Oleg V. Mozhaiskov, Deputy Chairman
Bank of Russia
By Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
May 30, 2004
How does the Gold Anti-Trust Action Committee know that central banks are working with bullion banks and other financial houses to suppress the price of gold?