WSJ ad today: Anybody seen our gold?

[ursi]

http://www.gata.org/node/wallstreetjournal

[soothsayer]

1. Good old Catherine Austin Fitts!

[Pale Blue Dot]

2. Wow.

I could walk to their headquarters. I may have to check it out.

[ursi]

6. Please let me know if you go and what you find out!

GATA is a group I've followed for a long time.

[Quakerfriend]

3. Wow, I had no idea. But, I don't quite agree that

exposing this 'scheme'will necessarily lead to skyrocketing gold prices.

What do you all think?

There does not seem to be any shortage of gold from around the world.

[Celebration]

4. Do they have the authority?

I am concerned about the legality of this, as well as the secrecy. The central banks definitely don't want a flight to gold in a monetary crisis--not good for the economies. It would only be under times of economic stress that the gold price would shoot up. There may not be a shortage of gold because the central banks are surreptitiously doing swaps (whatever they are) and leases.

It is the secrecy behind all this that is disturbing to me. I like open government.

[ursi]

5. what we should be worried about is how stupid these idiots are & now that have to pay

top dollar to get gold back into the US. Fecking idiots!

[Angela Shelley]

7. Thanks for this thread ...

after watching the video, the puzzle pieces which I´ve read in the recent past are coming together.

[ursi]

8. the video is very informative!!

[CGowen]

9. G7 approves IMF gold sales - Italy econ minister

TOKYO (Reuters) - The Group of Seven rich nations on Saturday approved the sale of gold by the International Monetary Fund from April as part of a broad reform of its budget, Italian Economy Minister Tommaso Padoa-Schioppa said.

"There was an acceptance among the G7 that resources should be raised by selling gold," Padoa-Schioppa, who is also the head of the IMF's steering committee (IMFC), told reporters after a meeting of G7 finance ministers in Tokyo

...

"The current gold price means a flow of income can be ensured," Padoa-Schioppa said.

Morgan Stanley analyst Stephen Jen said the Fund held 103.4 million ounces of gold worth some $92 billion at current market prices. That was up from $23 billion just five years ago.

"The IMF is rich, if it wants to be," he wrote in a recent note to clients, issued before the G7's approval of the gold sales. "This is arguably a good time to consider selling some of these gold holdings and investing the proceeds in financial securities with positive yields."

http://in.reuters.com/article/businessNews/idINIndia-31847320080209