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From: 
Subject: 9/11 Banksters Brought Down by Unsung Hero ...

 


THE 9/11 BANKSTERS' GOLD CONSPIRACY  Gold Nugget
<http://www.gold-net.com.au/archivemagazines/may01/nugg11.gif> 
         adapted from Brad Williams, Australia

Was there a conspiracy to manipulate the price of gold? That is a question
that has been asked on more than one occasion, and with some validity, as it
appears that there is overwhelming evidence that this was in fact the case.

>From the beginning of the Clinton Administration until the time of this
lawsuit [April 2000] the gold price appears to have been well controlled by
the Gore Treasury and a number of major world banks.

 <http://www.goldensextant.com/Plaintiff%27sAffidavit.html#anchor28690>
http://www.goldensextant.com/Plaintiff'sAffidavit.html


One would ask - why did this occur? Speculation is that when governments
worldwide would find their economies failing the gold price lifted,
indicating that all was not well with the economy. It was a clear indication
to the population of the relevant country that all was not well with their
economy.


This caused considerable difficulty for politicians who were keen to reduce
the influence of gold on their economies, as traditionally it had been a
leading indicator of a nations economic health.


Government's worldwide have seen the political benefits and have as a result
continued with manipulating the artificial price of gold. This has had a
two-fold effect on the mining industry. It has reduced investment in mining
gold and at the same time has restricted the price of gold worldwide. It has
also resulted in a stabilising effect on economies world wide, at the
expense of market forces.

Additionally, governments world wide have shown a reluctance to retain gold
as a financial reserve, as was shown when the British Labor Government
announced that is would sell off 400 tons of gold - the gold price dropped
US$30.00 per ounce. It has not recovered to date.

 <http://www.gold-net.com.au/archivemagazines/may01/howe1.html>
<http://www.gold-net.com.au/archivemagazines/may01/howe1.html> Reginald H.
Howe - Click to enlarge
<http://www.gold-net.com.au/archivemagazines/may01/howe1.html> The US
government has apparently retained its massive gold reserves, but although
claiming there is over 8,000 tons of gold held within the US - no official
government audit has been carried out for over 50 years to confirm this
fact.

There is also ample evidence that when gold does move upwards the world's
banks move to thwart the increase by manipulating financial markets to
reduce the impact and restrain the impact.
This is a clear breach of federal US law and has resulted in a
well-publicised legal challenge in the USA.

Reginald H. Howe - is a Harvard trained solicitor who specialised in civil
litigation with a Boston based law firm. His investment in the gold industry
and the negative manipulation of gold prices spurred him to action by suing
a number of prominent organisations and the US federal Reserve.

 

Among the defendants are -

Bank for International Settlements
Alan Greenspan
William J. McDonough
J.P. Morgan & Co. Inc.
Chase Manhattan Corp.
Citigroup, Inc.
Goldman Sachs Group, Inc.
Deutsche Bank
AG Lawrence H. Summers, Secretary of the Treasury


The law suit in general states:

"This is a complaint for damages and injunctive relief arising out of
manipulative activities in the gold market from 1994 to the present time
orchestrated by government officials acting outside the scope of their legal
or constitutional authority and certain large bullion banks active in the
over-the-counter gold derivatives markets and on the Commodities Exchange
(COMEX) in New York. The complaint alleges horizontal price fixing in
violation of Section 1 of the Sherman Act, securities fraud in violation of
Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934
(Exchange Act), common law fraud and breach of fiduciary duty by the
directors of the Bank for International Settlements with regard to holders
of its American issue, and violations of the Constitution by federal
officials acting under color of federal law but wholly outside the scope of
their legal or constitutional authority."

As Adam Hamilton publicized, by covertly holding "gold prices under water"
the Intelligence Community could pillage the wealth of worldwide currencies
for the Rockefeller/Rothschild Banksters without their traditional
instruments of War and market collapse.
http://www.zealllc.com/2000/dogsofwar.htm


The 'rule of the mobster' changed after the Reginald Howe filed his lawsuit,
As Hamilton posted worldwide four days before 9/11, the derivatives monster
who finish off what the Global Gold Price-Fixing Guild had started!

The JPM Derivatives Monster
http://www.gold-eagle.com/gold_digest_01/hamilton091001.html

The crux of Howe's complaint is encapsulated in the following paragraphs of
the law suit.

34. This complaint alleges manipulation of gold prices from 1994 to the
present time by a conspiracy of public officials and major bullion banks.
This manipulative scheme appears directed at three objectives: (1) to
prevent rising gold prices from sounding a warning on U.S. inflation; (2) to
prevent rising gold prices from signaling weakness in the international
value of the dollar; and (3) to prevent banks and others who have funded
themselves by borrowing gold at low interest rates and are thus short
physical gold from suffering huge losses as a consequence of rising gold
prices.

35. Support for the price fixing allegations in this complaint comes from
various sources, including: (1) official reports of the BIS, OCC, Fed and
ESF; (2) analyses of market data; (3) statements by certain participants in
the manipulative scheme; and (4) statements by others with knowledge of the
manipulative scheme.

36. The basic model for the manipulation appears to be the London Gold Pool,
which operated without formal agreement under the auspices of the BIS from
1961 to 1968. However, the present scheme differs in three critical
respects: (1) it aims to subvert the free market price of gold rather than
to defend an official price sanctioned by formal international agreement;
(2) leasing rather than outright sales is the preferred method of bringing
central bank gold to market; and (3) gold derivatives, built on a foundation
of leased gold, are a new and important tool giving the manipulators a high
degree of leverage.

37. While using gold derivatives to force down prices whenever possible, the
manipulators must also find or coerce sufficient supplies of gold bullion to
meet strong physical demand, particularly from Asia, responding in part to
the low prices resulting from their own manipulations.

38. In July 1998, Fed Chairman Alan Greenspan, testifying before the House
Banking Committee, stated: "Nor can private counterparties restrict supplies
of gold, another commodity whose derivatives are often traded
over-the-counter, where central banks stand ready to lease gold in
increasing quantities should the price rise." This statement amounted to a
declaration that the gold price had been and would continue to be
controlled. Not only did it constitute an open invitation to take advantage
of the gold carry trade at very little risk, but also it pressured private
holders of gold bullion to sell or lease their gold, thus augmenting the
physical supply needed by the manipulators.

39. In a formal letter to Senator Joseph I. Lieberman dated January 19,
2000, Mr. Greenspan elaborated on his 1998 congressional testmony: "This
observation simply describes the limited capacity of private parties to
influence the gold market by restricting the supply of gold, given the
observed willingness of some foreign central banks -- not the Federal
Reserve -- to lease gold in response to price increases." Thus the Fed
chairman himself has admitted that some central banks lease gold not to earn
a return on it as they often claim, but primarily to supply physical gold to
the bullion banks during periods when strong demand is pushing up prices.

All of this was committed to the fire, after the Banksters brought down JP
Morgan's Twin Towers, offices, staff, and records of the gold and
derivatives swindle ...

 

 

 

 

 

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