Re: Haven't we given up enough?
in response to
by
posted on
Aug 15, 2009 01:38PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
As Jim Sinclair keeps saying: "where is your outrage?" As a Canadian I see outrage gathering momentum at the town hall meetings taking place across the US. From the outside looking in, it appears as though the outrage is not selective to the health care topic since hundreds of thousands are very angry at the unforgiveable mismanagement of the economy and realize the insanity of the increasing the debt. JP Mrogan alone has $100 Trillion in derivatives...ho, hum. Where is the transparency? It has to be hidden and now they want to manage information via the internet on top of everthing else.
Meanwhile:
"Dear Friend of GATA and Gold:
A very secretive investment firm, Precision Capital Management LLC (http://www.precisioncapmgt.com/) -- not to be confused with Precision Capital in New York City -- this month published a wonderful report, "A Grand Unified Theory of Market Manipulation."
While the firm declines to identify its personnel and even its location and its chief executive uses a pseudonym (Bob English), the report is immensely valuable for specifying the mechanisms, opportunities, and motives for the U.S. Federal Reserve and Treasury Department to be intervening pervasively in the markets, including the gold market, either surreptitiously or in ways not likely to be noticed or fully understood.
The report concedes that it is largely speculative. But with infinite money now being created by the government and disbursed secretly as the rankest patronage, and with the Federal Reserve again this month denying GATA access to its records involving the U.S. gold reserve, citing an exemption in the federal freedom-of-information law for "trade secrets and commercial or financial information obtained from a person," what the Fed calls "confidential commercial information," anyone who denies or scoffs at the possibility of market manipulation is probably part of it.
You can find the Precision Capital report here:
http://www.gata.org/files/PrecisionCapitalMarketManipulation-08-02-2009.pdf
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.