Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cousin Eddie
But there are a lot of orgs the SEC can't monitor. Probably Cayman Island hedge funds are one. The Fed is another. And then again if what is alledged is true it would be easy for a consoritum to each buy 4% (say Goldmans, M-L, and Chase) to avoid the reporting requirement.

One thing that makes me doubt the whole claim is that the "secret team" wasn't able to bail out Long Term Capital Management in secret. That required meetings that were quickly made public, and appeared to be quite abnormal. Yet if a PPT exists that is exactly the scenario that they would act it.

I believe that GATA has ammassed quite a bit of evidence to support the idea that a number of Reserve Banks, led by the Fed, and in conjunction with major investmant banks especially Goldman's has had a big hand in manipulating the gold market through various accounting tricks and a tricky leasing scheme.

It's just a coincidence that both Clinton and now Bush appointed former Goldman heads to be their Sec. of the Treasury. I'm sure, really.

17 posted on 07/05/2006 5:12:17 PM PDT by Jack Black
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Jack Black

I am not sure if it is even a question of whether the Plunge Protection Team exsits. The Washington Post rported on them http://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm


18 posted on 07/05/2006 6:05:53 PM PDT by toaster
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson