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**GATA EXPOSES GOLD SCANDAL - Bill Murphy, GATA

James Turk has a Home Run with his revelations. Link: http://www.gata.org/turk.html

It is now up to Secretary O'Neill to explain what the drawdown in SDR Certificates is all about. It could not be more clear that it has to have something to do with gold. It also could not be more clear that the GATA camp has caught the U.S. Treasury deceiving the U.S. Congress and the American public.

This is a national disgrace and reflects on the credibility of the integrity of the U.S. Treasury and Federal Reserve Bank. Chairman Greenspan wrote Senator Leiberman that it would be "wholly inappropriate for the Fed to manipulate the gold market." He also stated before Congress three years ago that "central banks stand ready to lease gold in increasing quantity should the price rise." - which is just what has happened and is part of the reason the price of gold is NOT ALLOWED to rise.

Earmarked gold at the Fed is now flowing out of the U.S. at the rate of 40 tonnes per month, which is 33% greater than coming out of South Africa, the world's number one gold producer.

Something is very wrong out there when it comes to the gold market. GATA has spent almost 3 years uncovering just what that is.

As the facts become known, via honest reporting by the likes of NewsMax, (U.S. GOLD IS "GONE"! 8/15/01)

http://www.marketwatch.com/news/newsfinder/newsArticles.asp?guid=%7B208E0EC2%2DBCE8%2D4A8D%2D931E%2D80582BAA1DE0%7D& a financial scandal of epic proportions will unfold before the general public.

They will realize that certain U.S. politicians and the prominent, bullion bank Wall Street crowd have hoodwinked them into a false sense of "all is well" with the U.S. economy and their stock market investments. As their 401K's gradually turn into 1K's, the investing public will go berserk. The backlash against the bullion banks and the politicians that orchestrated the gold fraud will be like something this country has never seen.

It is not gold that the average person cares about, it is the money he or she worked for all their lives. The gold scandal will come to symbolize how they were taken advantage of by people they trusted.

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-- Anonymous, August 17, 2001

Answers

Yup, every single time the price of gold goes up, the Conspiracy kicks in to rig the price then drive it down. The English, the Russians, S. Afrika, the US everybody is in on it and all to maul the Gold Longs who are still waiting for gold to reach 1980 prices again.

They are called the 'goldbugs'. Gary Duct Tape is one of them. The name is suitable. It refers to the bugs in their heads about gold. Screw Loose is also suitable.

-- Anonymous, August 17, 2001

$32/ounce, it's a Federal Law.

-- Anonymous, August 18, 2001

WAS.......IT **WAS** a Fed. Law. GONZO since Richard M. Nixon.

-- Anonymous, August 18, 2001

AND.......it was $35/oz. Strike Two.

-- Anonymous, August 18, 2001

Thank you so much. I slept late today.

-- Anonymous, August 19, 2001

http://www.thecrimson.com/news/article.asp?ref=13565

-- Anonymous, August 20, 2001

Here is what the Treasury -- uhh, OK Doc, "New World Order" -- has to say:

http://www.treas.gov/opc/opc0007.html#gold%20markets

-- Anonymous, August 23, 2001