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This where it all started!
BMFL<OD
next week(s) is here
Seems like a complex riddle more than a stock board! :-0
So why the sudden interest in a dead board?
Just curious.
Thank you Sir!
Just a alternative here, staying one step ahead of the HYENAS!
BMFL<OD
next week(s) is here
board mark
good morning or good afternoon
Yes WE know that!
I had bought into WAGI 11/2004, and very familiar with the whole WAGI,GWGO,FFGO,HGLC,NMGL,RENS story.
BMFL<OD
next week(s) is here
There are no WAGI shares.
Let us be clear, the stock does not trade because there is no stock.
This is/was a dormant board for a dead company.
West Africa Gold, Inc. Declares a Stock Dividend
West Africa Gold, Inc. (OTC BB: WAGI) announces that the Company has authorized a 20% (twenty percent) dividend of the Company's common stock for its shareholders of record as of Monday, November 8, 2004. The distribution to shareholders should be completed by the end of November 2004.
With this, the Company wishes to thank all its shareholders for supporting the Company's efforts in the development of the Company's mining properties in North America and in Mali, West Africa.
Michael G Saner, the CEO of West Africa Gold, Inc. said that he was delighted that shareholders were being rewarded in this manner and hoped that this would contribute to increased support for the Company and its Mining Exploration efforts and hoped that this would offset some of the losses suffered by the Company's shareholders caused by the unexplained and very substantial fall in the Company's share price in recent months.
About West Africa Gold Inc.:
West Africa Gold (www.westafricagold.com) is an aggressive gold exploration company that has acquired certain rights to mine for minerals, primarily gold, in various regions of the Republic of Mali and in North America.
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.
Contact: West Africa Gold Inc. 1 212 672 1851 E Mail : investor@westafricagold.com
http://findarticles.com/p/articles/mi_pwwi/is_200410/ai_n8560051/
BMFL<OD
next week(s) is here
Will we see a settlement from years of abuse?
Glad to be.. Be better soon..
Good to see you around Rocket Man!
BMFL<OD
next week(s) is here
GWGO may have been converted to FFGO once the symbol and name was changed.
GWGO paid out 3 mining spins that is HGLC, two left to be paid from (GWGO=FFGO) FFGO that is held within WD at NMGL..
I find it curious that there's a
WAGI board and not a GWGO board!
BMFL<OD
next week(s) is here
WAGI~ I think your right.
WAGI~ So the Grandfather left his granddaughters assets in the mining realm.. Interesting how that works. I seem to think SrLt has that in common in the family too. Dating back many many generations.
At this time I don't know!
I trying to find old PRs and 8Ks, I'll get back to you on that.
BMFL<OD
next week(s) is here
WAGI - What was the original share structure for WAGI?
GWGO became FFGO!
BMFL<OD
next week(s) is here
I see. And then became? lolzzz
Wagi became GWGO!
BMFL<OD
next week(s) is here
No Cert. pull that I know of.
BMFL<OD
next week(s) is here
This is very curious!
BMFL<OD
next week(s) is here
Was there a cert pull?
Yes does not trade!
BMFL<OD
next week(s) is here
Could I assume this doesn't trade?
The 3 Sisters and Blood Cousin!
BMFL<OD
next week(s) is here
For the family
BMFL<OD
next week(s) is here
This is the Grandfather!
BMFL<OD
next week(s) is here
Interesting. Any thoughts on this one?
What is this?
BMFL<OD
next week(s) is here
Gold 1663.80 Silver 32.25 *
AGCZ Andes Gold (.012) controls a gold mining and exploration concession in Ecuador called the Miranda Alto. "The mine is currently processing 20 tonnes per day of ore, producing 1.0 oz per tonne of Gold and 15g per tonne of Silver average from shafts within the Miranda property."
That translates to approximately 20 ounces gold per day, plus 11 ounces silver per day.
In the short term, the company plans to increase production from the mine up to 100 tonnes per day.
Website: http://www.andesgoldmine.com/
Pinksheets: http://www.otcmarkets.com/stock/AGCZ/quote
IHUB: http://investorshub.advfn.com/boards/board.aspx?board_id=10923
It's not a matter of anger, 8th, it's a matter of strategy.
We are just now getting new folks taking their first look at our board as the stock starts to move up... and what's the first thing they see?
A discussion about what a good thing a reverse split is gonna be?
You know as well as I do that scares the shit out of people that don't know any better. That will chill folks in their tracks faster than anything else.
I'm not convinced getting on NASDAQ global is all it's cracked up to be anyway.
If many institutions won't buy anything but a NASDAQ stock then fuck'em!
There are other institutions that are not so restrictive that will accomplish the same base stability.
We aren't some beggar with nothing to offer.
If we got the better mouse trap, let them come to our door.
In the mean time, speculation about people's worst fear (RS) when it may not even happen at all, or not for years, is counter productive as hell right now, when we are just trying to get out of the gate.
That's all I'm saying. It ain't a matter of anger it's a matter of appropriate timing.
Bob, I don't understand your anger unless it was about a reverse split. In NTRZ's case a reverse split is necessary for the stock to get to it's highese possible highs. To get on the NASDAQ Global Select Market for world trading a stock, I believe, must be $5 for three months, plus other qualifications. It must be NASDAQ first which requires $4 for three months plus other quailfiers. NTRZ is going to be more of a foreign stock than a USA stock, so why restrict the listing to the USA only.
The vast majority of reverse splits are from dying companies and are bad. But I am sure many instituitions need a NASDAQ listing to even buy. We don't want HTDOGs buddies in here. We want huge institutions that hold for a long time and maybe even trade back and forth to pump the price up. It is all good for NTRZ to get a listing ASOP.
George
Interesting.
Sounds big.
It is kind of a guess, but that gives us more time to cherry pick.
The surprise to me is that it hasn't hit yet.
"Within 6 months"
cork==A friend of called Z''s store Friday to order some oil. He did a little small talk with the order taker and asked how things were going. He does not remember the exact words, but the gist was as follows. "We are really excited about what is coming". My friend said, "You mean DSM and BENEO-Remy". She said, "No not that, but that's good too." My friend said, "Like when will all that happen". She said, "With-in 6 months."
So, what ever Short has up his sleeve might all be announced in six months? I can only guess what it is, but so can you.
Gold (1739.70) Declines for Third Day as Shares Rally, Curbing Demand From Investors
By Nicholas Larkin and Glenys Sim - Aug 15, 2011 5:16 AM PT
Gold declined for a third day in New York as gains in equity markets tempered concerns that economic growth is slowing, reducing demand for the metal as a protection of wealth.
The MSCI All-Country World Index of equities climbed for a third day after a report showed Japan’s economy shrank less than forecast. U.S. retail sales rose the most in four months in July, while applications for jobless benefits were the lowest since April, reports showed last week. Gold futures touched a record $1,817.60 an ounce on Aug. 11.
“Given the return of some risk appetite and the influx of bargain-hunters into the equity markets, gold seems likely to face further pressure in the coming sessions,” James Moore, an analyst at TheBullionDesk.com in London, wrote in a report. Still, “we expect the dip-buying mentality to continue, with gold remaining underpinned by investment demand.”
Gold for December delivery fell $6.70, or 0.4 percent, to $1,735.90 an ounce by 8:08 a.m. on the Comex in New York. Immediate-delivery gold was down 0.7 percent at $1,735.45 in London.
CME Group Inc. (CME), the largest futures market, hiked margins on gold contracts, or the minimum amount of cash speculators must keep on deposit, by 22 percent from the close of trade on Aug. 11. Global equities dropped to the lowest level since September last week as Standard & Poor’s lowered its credit rating for the U.S. from AAA, stoking concern the global economic recovery may be at risk.
Gold’s Gain
Gold is up 22 percent this year, heading for an 11th straight annual gain, the longest winning streak since at least 1920 in London. The MSCI All-Country World Index fell 8.1 percent this year, the Standard & Poor’s GSCI Index of 24 commodities rose 1.9 percent, while Treasuries returned 6.7 percent in 2011, a Bank of America Merrill Lynch index showed.
Demand for gold as a haven and last week’s drop in equities pushed bullion’s ratio to the S&P 500 index to the highest level since at least 1992, data compiled by Bloomberg show. The level, calculated by dividing an ounce of gold by the index, reached 1.6 on Aug. 10 and has averaged 1.1 so far this year.
The “uncertainty in financial markets, whether from the growth outlook or the ongoing sovereign-debt crisis, is expected to remain a benefit to perceived safe-haven commodity assets, of which we believe gold is the standout,” Morgan Stanley analysts led by Hussein Allidina said in a report today.
Coin Sales
The U.S. Mint’s American Eagle gold-coin sales are 55,500 ounces so far in August, according to figures on the mint’s website. Sales are heading for the best month since January, when the total was 133,500 ounces, according to the figures.
Holdings of the metal in exchange-traded products fell for a second day on Aug. 12, declining 3.8 metric tons to 2,182.1 tons, data compiled by Bloomberg show. Assets reached a record 2,216.8 tons on Aug. 8.
Richard Nixon, the former U.S. president, abandoned the gold standard 40 years ago today. Between 1968 and 1971, the metal and the dollar were officially exchanged at a fixed rate after the system had tied gold at about $35, according to the World Gold Council.
The system “was devised precisely to prevent the sort of economic conditions that we suffer today,” Ross Norman, chief executive officer of Sharps Pixley Ltd., a London-based bullion brokerage, said in an Aug. 12 e-mail. “The solution to today’s problems is not, in my opinion to head back down the yellow brick road and reintroduce a gold standard. The gold market is insufficiently large to sensibly play that role by itself.”
Silver for September delivery in New York rose 0.1 percent to $39.16 an ounce. Palladium for September delivery gained 1 percent to $756 an ounce. Platinum for October delivery was little changed at $1,797.70 an ounce.
http://www.bloomberg.com/news/2011-08-15/gold-may-fall-for-third-day-as-shares-rally-curbing-demand-from-investors.html
More storage - 3 ://layout:
CMCXF - CMC Metals (.2579) High grade Gold & Silver deposits. Yukon operations sold 200 ton bulk sample in 2010 at 130 OUNCES Silver per ton. In production now, selling 2,500 tons in 2011. By Product credits in copper, zinc, and lead. High grade Gold deposits in California up to 28 grams gold per ton, Bishop Mill comes on line Q4 2011.
Exploration tested 1,749 ounces per ton (54,660 grams per ton) Silver in the B vein.
Website: http://www.cmcmetals.ca/s/home.asp
IHUB: http://investorshub.advfn.com/boards/board.aspx?board_id=19559
You can't beat my assay!
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PRPCF Prophesey Resources (.611) Producing Coal right now. 1.4 billion tons of coal, sea port facilities, rail line, new fleet of trucks, selling all coal produced, building 600 MW power plant on mine property. At full capacity will sell electric production to domestic and foreign markets (like a utility), Shareholder rights plan. Located in Mongolia, currently undergoing economic bloom.
Conservatively speaking, at least a buck under value relative to their 44% stake in Prophesy Platinum, last closed at 3.62 per share. Do the math !!
Website: http://www.prophecycoal.com/index.php
Pink Sheets: http://www.otcmarkets.com/stock/PRPCF/quote
IHUB: http://investorshub.advfn.com/boards/board.aspx?board_id=18439
Is that a lump of coal?
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NTRZ Nutrcea (.145) Rice/Food/Nutrition Play. Processing and distribution of stabilized rice bran, Rice Oil, and other proprietary, rice bran-based ingredients and formulations.
Food Manufacturers
Nutraceuticals
Petfood and Feed Manufacturers
Web page: http://www.nutracea.com/Home
Pink Sheets: http://www.otcmarkets.com/stock/NTRZ/quote
IHUB: http://investorshub.advfn.com/boards/board.aspx?board_id=6636
NutraCea Hosts 2011 Second Quarter Financial Results Conference Call on Thursday, August 18th at 1 p.m. Eastern. Gives everybody a week to do the research.
Great entry.
Storage stuff
CMCXF - CMC Metals (.279) High grade Gold & Silver deposits. Yukon operations sold 200 ton bulk sample in 2010 at 130 OUNCES per ton. In production now to sell 2500 tons in 2011. By Product credits in copper, zinc, and lead. High grade Gold deposits in California up to 28 grams per ton, Bishop Mill comes on line Q4 2011.
Exploration tested 1,749 ounces per ton (54,660 grams per ton) Silver in the B vein.
Website: http://www.cmcmetals.ca/s/home.asp
IHUB: http://investorshub.advfn.com/boards/board.aspx?board_id=19559
You can't beat my assay!
NTRZ Nutracea (.135) Rice/Food/Nutrition Play. Processing and distribution of stabilized rice bran, Rice Oil, and other proprietary, rice bran-based ingredients and formulations.
Food Manufacturers
Nutraceuticals
Petfood and Feed Manufacturers
Web page: http://www.nutracea.com/Home
Pink Sheets: http://www.otcmarkets.com/stock/NTRZ/quote
IHUB: http://investorshub.advfn.com/boards/board.aspx?board_id=6636
NutraCea Hosts 2011 Second Quarter Financial Results Conference Call on Thursday, August 18th at 1 p.m. Eastern. Gives everybody a week to do the research.
I'm a good one, with a great entry point.
How is the gold price rigged, and by whom?
It is rigged openly through outright sales of gold by central banks, as it was rigged openly in the 1960s by the association of Western central banks known as the London gold pool, and, since the gold pool's collapse in 1968, rigged both openly and surreptitiously through central bank sales and leases and by bullion bank short positions and derivatives that are backstopped by access to Western central bank gold.
GATA has established this extensively from official sources whose admissions are compiled in the "Documentation" section of our Internet site:
http://www.gata.org/taxonomy/term/21
That is, the gold price suppression scheme is not what it is disparaged as being, "conspiracy theory." Rather it is a matter of public record -- at least for those who want to look at the record. I would welcome an opportunity to examine and discuss this record in detail, document by document, with any doubters in a public forum. Some of the most incriminating material remains posted at Federal Reserve Internet sites.
But the official record of gold price suppression is not merely historical. Thanks to GATA's work, it is very contemporary as well. That's what I'd like to update you about today.
Two years ago, using the federal Freedom of Information Act, GATA asked the Federal Reserve to provide access to its gold records, particularly its records involving gold swaps. Gold swaps are trades of gold between central banks, enabling one central bank to intervene in the gold market at the behest of another, keeping the other's fingerprints off the intervention. Gold swaps are a primary mechanism of the gold price suppression scheme.
While the Fed refused to give us access to its gold records, in adjudicating our request internally the Fed did make, perhaps inadvertently, a sensational disclosure. On September 17, 2009, the member of the Fed's Board of Governors who was acting as the judge of our request, Kevin M. Warsh, wrote a letter to GATA's lawyer, William Olson of Vienna, Virginia, confirming the Fed's denial of access. Among the records being withheld from us, Warsh disclosed, were records about the Fed's gold swap arrangements with foreign banks, which, he wrote, "is not the type of information that is customarily disclosed to the public":
http://www.gata.org/files/GATAFedResponse-09-17-2009.pdf
This admission of gold swap arrangements plainly contradicted previous statements by the Fed that it was not involved in the gold market in any way.
Unwilling to let Fed Governor Warsh's letter be the last word on access to the Fed's gold records, on December 31, 2009, GATA sued the Fed in U.S. District Court for the District of Columbia. The Fed told the court that the Fed really couldn't find many records involving gold.
Implausible as this was, unfortunately the judge, Ellen Segal Huvelle, denied GATA's request to interrogate Fed officials under oath about what seemed to us to be their wholly inadequate search. Whereupon the judge reviewed, privately in her chambers, the few documents the Fed had submitted, and on February 3 this year she ruled that the Fed could keep secret all but one of those records. She ordered the Fed to disclose that one record to GATA within two weeks.
On February 18 this year the Fed released the document -- the minutes of the April 1997 meeting of the G-10 Gold and Foreign Exchange Committee as compiled by an official of the New York Federal Reserve bank. The minutes showed government and central bank officials conspiring in secret to coordinate their gold market policies.
Perhaps of equal interest, the Fed claimed not to be able to find minutes of any other meeting of the G-10 Gold and Foreign Exchange Committee. Either the the G-10 Gold and Foreign Exchange Committee has met only that once, in April 1997, or the Fed was not represented at any other such meetings, or such minutes were conveniently misplaced for the purposes of GATA's lawsuit.
Thus GATA's lawsuit established that the Fed, despite its protests of innocence, has many gold secrets after all even as we managed to pry a couple of those secrets loose and publicize them -- first, that the Fed has gold swap arrangements, and second, that in 1997 the Fed was conspiring with other central banks to coordinate their gold market policies, and that there was no announcement of this.
Almost as gratifying to us was that, since the court found that the Fed had illegally withheld that one document from us, Judge Huvelle ordered the Fed to pay court costs to GATA, which the Fed did in May, sending us a check for $2,870, which we'll display here later today.
But the revelations about central bank gold swaps don't end there. In August 2009, while GATA was waging its freedom-of-information battle against the Fed, our consultant, Rob Kirby of Kirby Analytics in Toronto, wrote to the German central bank, the Bundesbank, about a report that most of the German national gold was being kept outside Germany, particularly in New York, presumably at the New York Fed.
The Bundesbank replied to Kirby as follows:
"The Deutsche Bundesbank keeps a large part of its gold holdings in its own vaults in Germany, while some of its gold is also stored with the central banks located at major gold trading centres. This has historical and market-related reasons, the gold having been transferred to the Bundesbank at these trading centres. Moreover, the Bundesbank needs to hold gold at the various trading centres in order to conduct its gold activities."
So the Bundesbank says it keeps much of its gold at "trading centers" so that it may conduct its "gold activities."
What are those activities exactly?
In late 2010 the German journalist Lars Schall, who is here at this conference today, sought to follow up with the Bundesbank, posing 13 questions about those "gold activities," particularly as to whether the Bundesbank has any gold swap arrangements with the United States. The Bundesbank replied to Schall as follows:
"In managing foreign reserves, the Bundesbank fulfils one of its mandated tasks as an integral part of the European System of Central Banks. We trust you will understand that we are not able to divulge any further information regarding this activity. Particularly with respect to the confidential nature of information about where gold holdings are kept, we are unable to go into any greater detail concerning exact locations and the quantities stored at each of these. Likewise, owing to the strategic nature of the activity, we are not at liberty to provide you with more detailed information about gold transactions."
That seems like a pretty good confession that the Bundesbank has undertaken gold swaps as part of what it considers "strategic activity."
Another pretty good confession of the secret maneuvers being played with gold came at the hearing held by U.S. Rep. Ron Paul's House Subcommittee on Domestic Monetary Policy and Technology on June 23 this year, a hearing I attended. The Treasury Department's inspector general, Eric M. Thorson, testified that he had been told that no part of the U.S. gold reserve was encumbered. But he did not say exactly who told him this, so his comment was only hearsay. And when Thorson was asked just where the gold pledged by the United States to the International Monetary Fund is kept and how it is accounted for, Thorson couldn't say.
Three years ago when GATA put similar questions to the IMF -- "Exactly where is your gold, and do you possess it or is it just a claim on the gold reserves of your member nations?" -- the IMF was at first evasive and then abruptly cut off the correspondence without answering.
But then most official gold data is actually disinformation.
For the six years prior to 2009 China reported to the IMF that it held 600 tonnes of gold. But in April 2009 China reported that its gold reserves had increased by 76 percent, from 600 tonnes to 1,054 tonnes. Had China obtained the new 454 tonnes only in the past year? Of course not; China had been accumulating gold steadily without reporting it for six years.
In June 2010 the World Gold Council reported that Saudi Arabia had increased its gold reserves by 126 percent since 2008, from 143 tonnes to 323 tonnes. But a few weeks later the governor of the Saudi Arabia Monetary Authority said Saudi Arabia had not been purchasing gold lately and that the 143 tonnes in question had been held all along in what he called "other accounts" -- held in accounts not being reported by Saudi Arabia.
That is, the true disposition of national gold reserves is a secret more sensitive than the disposition of nuclear weapons. For gold is a weapon just as powerful -- a weapon crucial to market rigging, the secret knowledge of the financial universe. And while nuclear weapons can be used for blackmail, market rigging is a far more effective mechanism for looting the world.
Many of you have heard about the looting of Europe undertaken by the Nazi German occupation during World War II. But most of that looting did not take place as it is imagined, at the point of a gun. No, it took place through the currency markets.
This looting through the currency markets was spelled out by the November 1943 edition of a military intelligence letter published by the U.S. War Department, a letter called Tactical and Technical Trends. Of course the Nazi occupation seized whatever central bank gold reserves had not been sent out of the occupied countries in time. But then the Nazi occupation either issued special occupation currency that could not be used in Germany itself or, in countries that had strong banking systems, took over the domestic central bank and enforced an exchange rate much more favorable to the reichsmark. Or else the Nazi occupation simply printed for itself and spent huge new amounts of the regular currency of the occupied country.
It was this control of the currency markets that drafted everyone in the occupied countries into the service of the occupation and achieved a one-way flow of production, a flow out of the occupied countries and into Nazi Germany.
For a few years Nazi Germany had one hell of a trade deficit -- and couldn't have cared less about it. For controlling the currencies of occupied Europe, Nazi Germany never had to cover that deficit, at least not as long as the military occupation continued.
Since the United States now issues the reserve currency for the world, the dollar, the United States now more or less occupies most countries economically, even those countries that have their own currencies, since even those countries hold most of their foreign exchange reserves in dollars. Thus the current one-way flow of production -- out of the rest of the world and into the United States.
This exploitation is not well-publicized but it is no secret.
In the 1960s France's finance minister called it an "exorbitant privilege" for just one country -- the United States -- to be able to issue the world reserve currency.
In 2004 the deputy chairman of the Bank of Russia, Oleg Mozhaiskov, told the London Bullion Market Association conference held in Moscow:
"Although there are several reserve currencies, the blatant lack of discipline is demonstrated by the U.S. dollar. I am leaving aside the main aspects of this problem, such as the social and economic injustice of a world order that allows the richest country in the world to live in debt, undermining the vital interests of other countries and peoples. What is important for us today is another aspect, which is connected with the responsibility of the state issuing the reserve currency and for the international community preserving that currency's buying power."
Incidentally, the only words of English spoken by Mozhaiskov in that speech were "Gold Anti-Trust Action Committee." The Bank of Russia long had been following our work without our knowledge.
And just this week Russia's prime minister, former president, and perhaps future president, Vladimir Putin, called the United States a "parasite" on account of its huge external debt and the dominance of the dollar.
The whole gold price suppression scheme -- a dollar-support scheme -- is exposed by any serious questioning. But who will ask the questions? The scheme survives only because of negligent journalism about the true reserve currency, gold.
The falsity of the data about the gold market practically screams at financial journalists:
-- There is the omission from official gold reserve reports of leased and swapped gold.
-- There are the sudden huge changes in official gold reserve totals.
-- And there are the deception and conflicts of interest built into the prospectuses of gold and silver exchange-traded funds, whose metal custodians happen also to be the world's biggest gold and silver shorters.
Valid documentation about the gold market also practically screams at financial journalists:
-- There are the huge and disproportionate gold, silver, and interest rate derivative positions built up at just a few international banks, positions that never could be undertaken without the expressed or implicit underwriting of government, particularly the U.S. government.
-- There are the many official records, collected and publicized by GATA over the years, demonstrating the explicit plans and desire of the U.S. government to suppress and control the price of gold.
Most obvious is the question that should follow the common disparagement of gold, a question that somehow is never asked. You've heard it: the constantly reported observation that gold has not come close to keeping pace with inflation over the last 30 years. Oil has kept up, food has kept up, other metals have kept up, but not gold.
So why not? Why hasn't gold kept up with inflation?
Could it be that someone found a way to vastly increase the supply of gold without having to go through the trouble of mining it -- to dishoard and lease it from central bank reserves and then issue certificates against gold that never existed in the first place?
"Why" is supposed to be a basic question of journalism. But it has fallen out of financial journalism when it comes to gold.
In May I spent an hour in New York with the commodities reporter of The Wall Street Journal. That newspaper has been given much of the documentation GATA has collected but has not yet published anything about it.
Also in May a nationally broadcast television program interviewed me for an hour, with the cameras rolling, on the steps of the Federal Reserve in Washington. That program has all the documentation too. Nothing has been broadcast yet, though I'm hopeful.
Over the last year I've spent much time briefing a reporter for a major news agency, at her request. At my urging, unlike all other reporters, she even called the Fed and got a very telling "no comment" about the gold swaps. But last I heard from her, she couldn't get her editor's permission to write a gold story.
Frustrating as all this is, it can't be too surprising. After all, who are the major advertisers in the financial news media and the major sources of news? The market manipulators and governments themselves. And journalists seem to take for granted that central banks operate in secret, particularly in regard to gold, so there's no point in questioning them.
Well, maybe someday some journalist somewhere will put to a central banker a critical question about gold. Maybe it will be one of the journalists we met at our press conference yesterday.
In any case, whenever I come to this great city I can't help falling into June 1940 mode and reminding myself that liberty is worth contending for no matter how bad the odds -- that there really isn't much else.
The other day a few blocks from here I went through the museum that has been made out of the old Cabinet War Rooms, where the rescue of all decent civilization was arranged even as the bombs of the most evil totalitarianism fell all around and Britain, at Churchill's urging, heroically faced them alone.
At the museum there was, of course, a photo of General DeGaulle, who refused to accept the fall of France and flew to London to fight on. For the time being, De Gaulle decided, in exile he would be France, and he was -- though maybe, years later, he thought himself to be France even after France was once again able to do the job itself.
From GATA's beginning I have wondered whether we could really presume to speak for gold. And not just for gold, of course -- we are not idolaters -- but for the economic and political liberty it serves and stands for. With gold always under attack precisely for what it represents, and with no others coming forward to defend it for what it represents, with the gold mining industry's main trade association refusing to acknowledge the attack, we have hoped that any presumption on our part might be forgiven.
We remain largely amateurs. At the outset we did not half understand what was going on and what we were setting about to do. Our name preserves that imperfect understanding. We thought we had discovered just another anti-trust violation. It was a while before we perceived that we were up against government policy and that most of what we were discovering had been discovered long ago, at least in principle, just not well taught, publicized, preserved, and made timely again.
Because it can work only through surreptitiousness and deceit, this government policy will be defeated when it is more widely understood -- and every day it isbeing better understood.
Just yesterday GATA Chairman Bill Murphy was invited on CNBC Europe -- GATA's first invitation on CNBC in 12 years. And two more speakers at this conference, James Turk and Ben Davies, were on CNBC Europe this morning.
The word is getting around now, and thanks to you and the speakers who have come here today, we are no longer alone. That, I think, will prove decisive.
Some of our speakers will talk about what should be. At this turbulent time for its financial system, the world surely needs new options. But with your support GATA will keep working to reveal what is.
This is, we think, a great cause. And as Churchill said even as the bombs fell on this city, "When great causes are on the move in the world, we learn that we are spirits, not animals, and that something is going on in space and time, and beyond space and time, which, whether we like it or not, spells duty."
* * *
http://harveyorgan.blogspot.com/
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