==============RUMOR MILL NEWS AGENCY========

May 14, 2000

SKOLNICK AND SKOUSEN ON THE GOLD MARKET

From: livetrade@YadTel.Net To: Rayelan@aol.com

Thank you for flattering me by asking for my opinion. As you may know, all of my 'intelligence' comes from public sources such as the net and reading materials. The following are two sources, Skolnick and Skousen, that includes some interesting perspectives on your query about gold.

Skolnick leans towards the gold sell off as being engineered to bail out some hedge funds and broker houses that were too-big-to-fail. Skousen's analysis supports a creditable hypothesis that the NWO central banks schemed to take control of the worlds gold because of the revolutionary global changes that imminent. The evidence is noteworthy but not conclusive.

Skolnick writes: http://www.skolnicksreport.com/greenspan1.html

"Having apparently massively bribed and aided in corrupt deeds over a period of years, the Elder Bush owed Alan Redspan and others important favors. Bush has been a potentate in one form or another, with

Canadian Barrick Gold. The Bank of England, jointly with the Queen of England who reportedly shared accounts with the Elder Bush at Coutts Bank, London, and three or more major financial entities, orchestrated a

vicious attack on gold in 1999. Together, they drove down the price of gold to about 252 dollars per ounce, more than 30 dollars per ounce BELOW THE COST OF PRODUCTION of the most efficient gold mines, such as in Canada.

Reportedly helping this unlawful attack on gold, gold mines, and gold mine workers, forbidden by U.S. Anti-Trust Laws, have been the following among others:

===Goldman Sachs, one of the world's largest bond and gold trading houses. Cynics, knowing these facts, call them "Goldman Sucks". Goldman Sachs has been so much into short selling deals of gold, that in the October, 1999 gold crisis, they were reportedly considering invoking the contract provision called "Force Majeure", used to avoid complying with a contract because of wars, hurricanes, revolutions, and such. The Federal Reserve has through various dirty tricks bailed out GoldmanSachs repeatedly.

===Bank of America, big in foreign exchange trading, called ForEx, [long ago called Bank of Italy, in America] they were reportedly part of the "knock down the price of gold" group.

===Bank of England, jointly with the Queen of England, offering for auction or sale gold that neither one apparently really owns, but is actually a huge gold horde stolen upon the downfall of the Soviet regime and whisked away to Dutch custody at a Swiss airport for speedy transport wheresoever requested. Bank of America is owned jointly by the Vatican, the Jesuits, and the Rothschilds. Joining them in recent years as major owners have reportedly been the Japanese mafia, the Yakuza, big in the U.S. dope traffic, and owning most every bank in California.

The purpose of the gold attack was to drive down the price of gold, among other things, to help bail out six hedge funds that have been more than a trillion dollars underwater in derivatives gambling, that is asset swaps. The bankrupt hedge funds, when gold is low-priced, can obtain gold loans for as little as one per cent interest. Were the hedge funds disaster scenario to be more public, it might set off a melt-down of the financial system of the Western world.

Reportedly at the behest of Bush, Barrick became part of a complicated trick of forward leasing of gold. A sort of short selling of gold. Thus sold short has been more than ten thousand tons of gold, more than four years of total world gold production. Gold has been called by some, "The Killer Yellow Metal", for the type of situations it can cause. In February, 2000, Barrick, Bush, and the anti-gold gang, reportedly again sought to stop the precious metal from going up to a more fair market price, such as 600 dollars per ounce.

The disclosures of the reputed secret Federal Reserve wire transfer records could torpedo the pirate ship of which Alan Redspan is a treasonous Captain joined by reputed super-crook the Elder Bush and his family and others in their gang. All together, they are part of the big gold swindle of the new century."

Skousen writes:

GOLF SELL-OFF BY THE BANK OF ENGLAND PLUNGES GOLD TO A NEW LOW http://www.joelskousen.com/World/domback.html#n

"Somebody is going down with this setup, and it's not going to be the central banks... Certainly, if the real purpose monetary (the gold sell-off), central banks wouldn't announce in advance the huge tonnage of gold they plan on selling..."

He argues the real purpose is to raise capital without inflation to prop up the U.S. and world economies. He goes on to say when the a recessionary cycle does occur, there will be serious defaults on gold leasing contracts and dumping of dollars.

Then Skousen offers his most plausible explanation in the analysis he wrote under the title...

RESURRECTION TIME FOR GOLD -- BUT MOSTLY FOR INSIDERS http://www.joelskousen.com/World/domback.html#n

Here he alludes the NWO central bankers, etc. have conspired to manipulate the gold markets to trick the gold producers into short selling gold using derivaties and lease contracts to the point where the gold prices are lower than the gold producers can cover these positions if they suddenly go bad. When the central banks declared a public moritorium on any more gold liquidations, the short positions went bad fast. This strategy gave the central banks and allied parties the opportunity to take major equity positions or control of the gold producers assets at pennies on the dollar.

If Skousen theory is correct, the NWO now is positioned to own or control most of the world's gold above and below ground. An envyable spot to be in if the next step to globalization is to initiate an event that will reduce the value of the world's major currencies thereby inflating gold prices.

I recommend reading this analysis in its entirety by clicking the link above and scrolling down to the title.

Phil

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