- There's no question America is in a dark and dangerous
period of history. The world's banking cartels have had their way for centuries,
manipulating, strangling and raping the wealth of nations with America
at the top of their agenda. For those of us who own gold, we fully understand
the importance of owning it to protect us from the machinations of truly
evil men. GATA (Gold Anti-Trust Action Committee), has been on a relentless
crusade for quite some time to expose the manipulation of gold by the Masters
of the Game. It is only by exposing the evil doers can we hope to prevail
in our fight to free our nation and our people from financial slavery and
- Few things get me excited these days because most of
the news is bad, although we are seeing victories. But, when this latest
move by GATA came to my attention, I was ecstatic. Oh, make no mistake
and I say this from experience: the battle will be fierce because I have
fought on the FOIA battle ground on other issues. The federal government
will lie and commit fraud protect their secrets. If you think that's a
strong indictment, nothing less is the truth if you have done the research.
This is GATA's new press release:
- GATA Will Demand Truth About U.S. Gold Reserves June
- "Constitutional scholar, writer, and lawyer Edwin
Vieira has been retained by the Gold Anti-Trust Action Committee Inc. to
lead an inquiry into the disposition and possible impairment of United
States gold reserves. Dr. Edwin Vieira, author of the monetary history
of the United States, "Pieces of Eight," is a graduate of Harvard
College and Harvard Law School and a renowned spokesman for sound money.
- "Consulting for GATA, using the federal Freedom
of Information Act, and retaining a Washington-area law firm, Vieira will
seek to compel the U.S. government to disclose records showing how much
gold is in the government's custody; who owns it; whether it has been leased
or otherwise made available to foreign governments or gold market participants;
and whether the policies and practices behind the use of U.S. gold reserves
have been meant to influence the price of gold.
- "GATA, a non-profit civil rights and educational
organization founded in 1999, has published evidence that central banks
and government financial agencies, including the U.S. Treasury Department
and Federal Reserve, work together, usually surreptitiously but sometimes
openly, to rig nominally free gold markets as part of their general program
of controlling international currency exchange rates. That evidence includes
the transcript of the meeting of the Federal Reserve Board's Federal Open
Market Committee on January 31, 1995, which confirmed the U.S. government's
participation in gold swaps, exchanges of gold with other governments so
that gold might be introduced into markets without being easily traced
to the originating government.
- "Because gold is a measure of all currencies, government
bonds, and the value of labor, a free gold market is crucial to the freedom
of all markets and, indeed, to honest dealing and personal liberty throughout
the world," GATA Chairman William J. Murphy said. "As the nominal
holder of the largest official gold reserves in the world and the issuer
of the primary world reserve currency, the U.S. government has much to
answer for here. No one is more expert in these issues than Ed Vieira,
and all GATA wants is the truth. In a democracy that should not be too
much to ask."
- "In addition to hiring a Washington-area law firm,
Murphy said, GATA's demand for the U.S. government to produce information
about its gold reserves probably will lead to litigation under the Freedom
of Information Act. So, he added, "We now will be especially grateful
for financial contributions to underwrite our legal campaign for the truth."
- "GATA is recognized as tax-exempt by the U.S. Internal
Revenue Service and contributions to it are federally tax-deductible in
the United States. Contributions may be sent to: Gold Anti-Trust Action
Committee Inc., c/o Chris Powell, Secretary/Treasurer, 7 Villa Louisa Road,
Manchester, Connecticut 06043-7541 USA"
- I have been privileged to meet Bill Murphy; the folks
at GATA are great people. Their choice in retaining my friend, Dr. Edwin
Vieira, to file and fight this FOIA (Freedom of Information Act) is one
smart move. Edwin is a regular contributor to NWVs, a brilliant writer
with a legal mind sharp as a razor. When I say fight, there's no doubt
in my mind the feds will stonewall, lie, obfuscate and do everything in
their power to keep this information from we the people. However, Edwin
Vieira is a very formidable adversary.
- Back in December 2000, I wrote a column titled, "From
Riches to Rags in 34 Days" where I wrote the following: "My good
friend, Harvey Gordin, is a former Wall Street player (29 years). Harvey
owns El Dorado Gold and he keeps me well informed of what's going on in
the world of money and the manipulation of gold. A funny thing has been
going on that I discussed with Harvey: How come during the election cycle,
Mr. Gore, all his mouthpieces, including the boob tube "experts,"
kept telling America that Billy's administration brought America the strongest
economy in 50 years, yet once Gore conceded, we have the media and politicians
telling everyone Bush is facing a recession and that it's his greatest
challenge? What? In about 34 days the economy has gone from riches to rags,
just like that? What hogwash."
- The truth is that you cannot have a "strong, robust
economy" that is based on debt because debt is not prosperity. A nation's
monetary system cannot and will not survive under a fiat currency such
as we've had shoved down our throats since 1913. This is why so many of
us own gold. We know history has a nasty way of repeating itself. This
brings me to a recent column which just came out titled, It's Official:
The Crash of the U.S. Economy Has Begun by Richard C. Cook. This column
has flooded the Internet. Cook's so called solution to the monetary crisis
facing this country is dangerous. In his column he states:
- "Could there ever be a real try at reform, maybe
even an attempt just to get back to the New Deal? Since the causes of the
crisis are monetary, so would be the solutions. The first step would be
for the Federal Reserve System to be abolished as a bank of issue and a
transformation of the nation's credit system into a genuine public utility
by the federal government. This way we could rebuild our manufacturing
and public infrastructure and develop an income assurance policy that would
- A return to FDR's New Deal? Has Mr. Cook never read history?
FDR deliberately and with malice of forethought issued the edict: "We
desire the Japanese to strike first." His New Deal so alarmed many,
two newspapers had the courage to call it for what it was: Arthur Henning
of the Chicago Tribune said, "The New Deal will bring the Communist
Party within striking distance of overthrow of the American form of government..."
Mark Sullivan of the Buffalo Evening News: "This may be the last presidential
election America will have. The New Deal is to America what the early phase
of Nazism was to Germany..."
- How about this statement Cook makes in the same column:
"Times of economic crisis produce international tension and politicians
tend to go to war rather than face the economic music. The classic example
is the worldwide depression of the 1930s leading to World War II."
A worldwide depression led to WWII? Can he really be that naive? I was
appalled when I read that, even though I had already been to Mr. Cook's
site and read one of his speeches, The Basic Income Guarantee and Monetary
Reform: A Tale of Two Ideas, where he mentions William Jennings Bryan.
William Jenning Bryan, Secretary of State for the United States, should
have been indicted for fraud. On May 31, 1913, he concocted a resolution
declaring the Seventeenth Amendment to the U.S. Constitution as ratified
when he knew it clearly was not. The damage Bryan did has been horrific
and he should be soundly comdemned.
- Cook goes on to say in this speech: "The election
of 1980 was a watershed in U.S. history. It was a takeover of the policy
apparatus of government by the extreme right-wing. This affected every
aspect of American politics and culture. Those of us who remained in government
but still believed we had a positive role to play in supporting the progressive
aspirations of the American people thereafter kept a low profile..... believe
that today we are finally seeing the pendulum swing back in the direction
of more progressive attitudes as the conservative ideology crashes into
ruins. I believe that today we are finally seeing the pendulum swing back
in the direction of more progressive attitudes as the conservative ideology
crashes into ruins.
- "After a generation of conservative rule, and in
spite of three years of a balanced budget at the end of the Clinton presidency,
public finance in the United States today is in crisis, if not total collapse.
A quarter century of politics devoted to the dismantling of social welfare
programs, privatization of public assets, huge tax cuts for the wealthy,
continuing export of manufacturing jobs, deregulation of the financial
industry, and gigantic expenditures on the war machine have eroded the
ability of the federal government to do anything meaningful about income
- Pray tell me how Clinton had a balanced budget when the
national debt at the conclusion of during his term was $5.7 TRILLION dollars?
How do you balance your budget when you're $5.7 TILLION DOLLARS in the
hole? This is just more propaganda. In one of Cook's columns on solving
the monetary problem, he writes: "The remainder of the total societal
gap between production and purchasing power would be filled by a non-taxable
National Dividend of two types. One would be a cash stipend paid to all
citizens which would also serve the purpose of eliminating poverty by providing
everyone with a basic income guarantee."
- Tell me Mr. Cook: Where in the U.S. Constitution, specifically
Art. 1, Sec. 8, which gives Congress the power to steal from the people's
treasury to pay a stipend to all citizens for any reason and his convoluted
"basic income guarantee"? The welfare clause? If that's your
justification, Mr. Cook, you are way off base. "Progressive"
is another one of those words used by "liberal Democrats," but
in reality, their political ideology is communism. I submit to you that
Cook's ideas are dangerous and should be discounted. I would also encourage
you to read two columns I wrote to better understand "progressives"
and their agenda. It is only by learning the under pinnings of the evil
being thrust upon us can we hope to save our beloved republic.
- I further submit to you that Edwin's words in one of
his Monographs on Money, says it all:http://home.hiwaay.net/%7Ebecraft/WeNeedSpecie.pdf
- "There is no need, moreover, for Americans to tax
their brains to devise some new, supposedly "ideal" systems of
money and banking, because the constitutional systems the Founders enacted
are, both politically and economically, good ones. As explained above,
constitutional money and banking are, for all intents and purposes, free-market
money and banking, with a particular form of money (silver and gold coins
based on the "dollar" as the unit) fixed for the government."
- There are dozens of columns and news articles coming
out everyday on the Internet about the rise in foreclosures, bankruptcies,
lay offs and other indications of just how bad the economy really is. Of
course, the controlled dominant media also, at the same time, puts out
news items about how good the economy is, retail sales are up, they're
down and round and round. I've written about this coming crisis for years.
If you would like to speak with an expert on owning gold, give Harvey a
call at El Dorado Gold; 1.432.264.7869. Protect your assets because the
government won't and you can "take money to the bank on it."
You and your family's future will depend on it.
- I hope you will support GATA's efforts with Dr. Vieira
to expose the chicanery and deceit that has been going on far too long.
Please take the time to read the links below from the real experts on the
issue of our monetary system. I have read each and everyone over time,
along with Edwin's historical tome, Pieces of Eight (Revised). This is
how I have learned over the past 18 years. I've had to give up the "good
times" because I wanted to know the truth and I needed to learn about
central banks and our monetary system in order to understand the bigger