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- Far too many people believe the common fairy tale that
geniuses are in charge of financial affairs. History is riddled with the
monumental blunders of the big money crowd.
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- If the price of gold goes up, it tends to discredit paper
money. After all, some do consider gold the only real, independent money,
separate and apart from Governments. The Bank of England has been part
of a scheme to force down the price of gold. Up to about the summer of
1999, gold had been pushed down to just a touch over 250 dollars per ounce,
a recent historical low. The best, most efficient Canadian mines have a
cost of production at 285 dollars per ounce. So the Bank of England announced
for September, 1999, another sale of gold supposedly from "their Reserves".
This was joined with stories, not every one believed, that OTHER central
banks were tired of having gold reserves and were and are likewise selling
off and discarding their Treasures.
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- There was, however, a deep dark secret. The Bank of England
does not really have that much "gold Reserves". They have used
up their gold in two World Wars as well as numerous devaluation attacks
on the British Pound Sterling which once was $4.80 for one British Pound.
AND, all the while to the last minute falsely denying that the Pound was
about to be devalued.
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- Some believe that the person using the name "Clinton"
was ordered, by the secret societies that installed him as President,to
start the war against Serbia which had not attacked any foreign country,
least of all the U.S. A simple reason: The new Euro Dollar was declining
against the so-called "U.S. Dollar". So the Europeans had a financial
interest to get the U.S. into a financial disaster called Kosovo, to wreck
the Dollar. When it is all said and done, WHO will have to pay for reconstructing
the bombed out bridges, factories, and buildings in Serbia? You guessed
it: the common ordinary U.S. taxpayer suckers. Not the Rockefellers, Mellons,
Morgans, and other ruling families WHO PAY NO TAXES, hiding their fortunes
through Foundations and corruption of the Internal Revenue Service.
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- So to try to force down the price of gold even lower
than $250 per ounce, the Bank of England was selling gold it did not really
have. Upon the downfall of the Soviets, the Dutch arranged to steal thousands
of tons of Soviet gold with the help of criminals in Moscow, the newly
rich open market "miracle" entrepeneurs, former Commissars. After
all, there was a time when the Moscow government was the world's second
largest gold producer. Maybe not longer true with the great decline in
production in general since 1991.
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- In its simplest form, the Bank of England was selling
gold borrowed from thieves in Amsterdam. NOTE: The Dutch have been a transit
point for Vatican financial schemes. By the way, that nation which is forever
fighting off the seas---the Netherlands being below sea level---has used
strong-arm tactics to prevent ANY speculating against THEIR currency, the
Guilder. Currency speculators know it is a death warrant to mess with the
Guilder which remains stable in an unstable world.
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- Reputed currency gangster George Soros became reportedly
aware that the Bank of England was playing a dirty, dangerous game with
someone elses' stolen gold. To counter him, the central bank of Britain
has reportedly instigated stories such as: Soros is a world-class gangster,
which he probably is; Soros is using stolen insider secrets which he probably
is; and to appeal to a growing number of Anti-Jew bigots, calling him,
through other people's mouths, a "dirty,rotten Jew", thus defaming
and slandering all Jews in general.
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- So Soros and other worldwide pirates joined with the
Swiss--who never were sweet angels--to attack the Bank of England. There
is a pertinent principle of commodity trading called DELIVERY. The commodity
traders sometimes joke that the items you speculate in might someday be
ordered to be DELIVERED, like to be dumped on your front lawn. The currency
bandits reportedly have been ordering the Bank of England to DELIVER the
gold they supposedly sold in auctioning off THEIR "Gold Reserves".
That is where is the trouble started. So the price of gold began shooting
up, for a number of reasons.
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- REASON NUMBER ONE: Could the Bank of England DELIVER
stolen gold without unraveling the whole Dutch-Former Soviet Gold Robbery?
Also, the Dutch through their bank octopus, Algemene Bank Nederland, ABN,
have been buying up FOR GOLD, banks in 15 U.S. cities. For example, ABN
bought up a long-known reputed money laundry for bribing judges called
La Salle National Bank of Chicago, now the flagship in the U.S. for ABN.
La Salle National Bank was one of only two out of 20,000 U.S. National
Banks in 1964 that refused to disclose their 20 largest stockholders of
record when demanded by the House Banking Committee under Chairman, Congressman
Wright Patman of Texas. A populist, he caused a report of the national
bank ownership to be published in 1964 the first and only time of such
in U.S. history that National Banks were requred to list their major owners
for a U.S. Government published Report.
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- REASON NUMBER TWO: It is little known that the U.S.
has a contract arrangement with Saudi and Japan. THEIR vast ownership of
U.S. Treasury bills, notes, and bonds, are subject to being paid, upon
their demand, IN GOLD. No U.S. citizen is allowed to convert their U.S.
bonds into gold upon demand. Further, the Persian Gulf oil producers have
an arrangement that their sale of oil to the West is payable in so-called
"U.S. Dollars", actually, Federal Reserve notes backed by nothing,
not gold, not silver, just hot air promises. Upon demand, however, only
the Saudis have the right to DEMAND payment in GOLD instead of "U.S.
Dollars". So the world price of oil is pegged to the "U.S. Dollar".
AND Saudi can get gold for THEIR oil.
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- Another secret, known to gold mining and marketing experts,
is that the Federal Reserve has an unwritten policy of a trip-wire: $410
per ounce. For example, the Fed with the help of the monopoly press in
the market crash of 1987, concealed for weeks and weeks that the Fed was
lifting heaven and earth to keep gold from topping 500 following the Crash.
Over the years, whenever gold even approached $410 per ounce, the Fed and
the press-fakers started an attack on gold, such as: gold does not pay
interest but lays dormant; gold is a barbaric metal from the past, no longer
needed; gold is useless to own it; and similar fables suddenly circulated
by the paper money crowd.
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- I find it interesting that over a period of years, I
was the ONLY JOURNALIST to go to the annual meeting called the Chicago
Gold Conference, gold experts from all over the world. The press-whores,
fronting for the paper money cartel, never printed a single word of the
all-day Chicago-based meeting.
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- Rumors are circulating, believed by savvy folks to have
validity, that the Bank of England needs a rescue of 200 BILLION DOLLARS
to bail out their blunders. If the Federal Reserve, circulating their
Notes masquerading as "U.S. Dollars", has to send that many paper
lifeboats to London, where will they get it? And will it sink the "U.S.
Dollar"? And by having more so-called "U.S. Dollars", that
is Federal Reserve Notes, printed? Of course, that inflation would simply
cause gold to go even higher.
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- Do not be surprised, however, that the monopoly press
says little, if anything, about the Bank of England or is it the BUNK OF
ENGLAND, and the gold crisis. And no surprise if the press-liars start
circulating stories about gold, that, after all, gold is no good to have.
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- Wags with gold teeth claim, that when gold is high in
price, they have to hire a guard for their mouth.
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- _____________________
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- Sherman H. Skolnick, moderator/producer of Chicago public
access Cable TV Program "Broadsides", since 1991, and since 1963,
founder/chairman, Citizen's Committee to Clean Up the Courts.
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- For a heavy packet of our printed stories, send $5.00
[U.S. money] and a stamped, self-addressed BUSINESS sized envelope [4-l/4
x 9-l/2 called #10 envelope] with THREE STAMPS ON IT, to Citizen's Committee
to Clean Up the Courts, Sherman H. Skolnick, chairman, 9800 So. Oglesby
Ave., Chicago IL 60617-4870. Office, 8 a.m. to midnight, 7 days,: (773)
375-5741 [PLEASE no "just routine" calls]. Recorded phone message:
(773) 731-1100. E-mail: skolnick@ameritech.net website: www.skolnicksreport.com
[Note "s" after name in website address.]
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