remnant
June 17th, 2007, 06:45 PM
GATA WILL DEMAND TRUTH
ABOUT U.S. GOLD RESERVES
Thursday, June 14, 2007
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.
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.
ABOUT U.S. GOLD RESERVES
Thursday, June 14, 2007
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.
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.