one of the things that I've done that uh
I don't know anybody else that's noticed
this but uh I download the financial
statement of the United States every
single year and I keep it on my desk and
I highlight certain areas and go through
it and one of the things I noticed was
um there's a section for gold where they
account for the gold and they they list
so many ounces and uh the US government
keeps those ounces on the book on the
books at $44 and22 point2
22 that's the official price of gold
$44.20 uh it's ridiculous but that's the
price and then um later on in a footnote
it'll say that
um
the uh that 11 billion worth of the gold
has been pledged for gold notes uh held
by the Federal
Reserve and then later on it say says
that the treasury can redeem those gold
notes at any time well if the notes are
held by the treasur the Federal Reserve
how can the treasury redeem them for
gold if the treasury has them it means
that the Federal Reserve has the gold
and the treasury has the notes now when
you take 11 billion divided by
44222 uh $44
22.22% 500 million worth of gold at that
price and $ 11 billion of it was has
already been given to the Federal
Reserve a private agency with no uh
oversight uh and they don't have to
account for anything and the treasury
who does have to account for something
keeps that on their books with an IOU
you know basically they've got these
gold notes these IUS gold back
someday um then uh you look at um
about it was somebody I can't remember
the guy's name but James Turk uh uh is a
gold analyst that uh one of the people
that um writes to him
uh showed that the US Treasury in June
of
2007 CH or maybe it was May of
2007 they changed the way they uh hold
gold on the books um it used to say gold
in storage
and that was changed to gold and gold
receivables including loans and swaps
were
applicable and it's all accounted for as
on line item it's a single number so
they're keeping track of accounts
receivable and inventory as a single
number this is illegal accounting any
com any public company that does
something like this would end up people
would end up in jail uh this is the type
of accounting that caused Enron to crash
and the US Government appears to be
doing this same thing so the gold from
the US Treasury has been given to the
Federal Reserve uh we know that we we
see these lease rates if you look at the
supply demand fundamentals um and and
you look at Price action uh the way
things add up uh there's more Gold sold
into the market every year than comes
from Mine Supply by a significant amount
that excess gold has to come from
somewhere um
and this group of attorneys and and
commodities analysts at Gata have done a
spectacular job and I believe everything
they have to say about the gold
manipulation and this is what uh gold
leasing is a large part of the
manipulation the other half of this
manipulation I believe is the exchange
traded funds if you're going to invest
in gold and silver please uh investigate
these things totally for your self
before put