The Precious Metals Market is Manipulated: Gold, GATA and the Turn to Higher Ground
By Catherine Austin Fitts
Global Research, April 22, 2008
solari.com/blog
The following is Catherine Austin Fitts’ presentation at the “GATA Goes to Washington” conference which took place in mid-April 2008 in Washington D.C.
I would like to thank our chairman, Bill Murphy, and our treasurer, Chris Powell, for the opportunity to speak with you and to be a part of the extraordinary journey and network that GATA has become.
Thank you for coming and making “GATA Goes to Washington” and our efforts to press for full disclosure of the U.S. gold stores a success.
To accomplish our goals in a politically managed economy requires a new integration of political and market skills. From the vantage point of good old-fashioned politics, I want to talk about what we can do.
For some time, we have been experiencing an extraordinary centralization of economic and political power. Economic power. Political power. The two go hand in hand.
We have watched assets shifted out of governments and central banks worldwide and moved into private hands at below-market prices—or simply stolen—while liabilities have been shifted back, often for free. Governments are not so much being privatized as piratized. At the heart of this piratization has been the transfer of gold stores into private hands, as gold is one of the most critical strategic assets that one must control to achieve political power—whether in one place or an entire planet.
Aft
By Catherine Austin Fitts
Global Research, April 22, 2008
solari.com/blog
The following is Catherine Austin Fitts’ presentation at the “GATA Goes to Washington” conference which took place in mid-April 2008 in Washington D.C.
I would like to thank our chairman, Bill Murphy, and our treasurer, Chris Powell, for the opportunity to speak with you and to be a part of the extraordinary journey and network that GATA has become.
Thank you for coming and making “GATA Goes to Washington” and our efforts to press for full disclosure of the U.S. gold stores a success.
To accomplish our goals in a politically managed economy requires a new integration of political and market skills. From the vantage point of good old-fashioned politics, I want to talk about what we can do.
For some time, we have been experiencing an extraordinary centralization of economic and political power. Economic power. Political power. The two go hand in hand.
We have watched assets shifted out of governments and central banks worldwide and moved into private hands at below-market prices—or simply stolen—while liabilities have been shifted back, often for free. Governments are not so much being privatized as piratized. At the heart of this piratization has been the transfer of gold stores into private hands, as gold is one of the most critical strategic assets that one must control to achieve political power—whether in one place or an entire planet.
Aft