IN MY HUMBLE OPINION, HERE WILL BE THE SIGNS...

Gold was down considerably this morning....

A sharp down in the Dollar and a rise in Gold would seem to me be the sign of a pending RV. The lower the $ the more we get in the exchange rate. And then in the months to come we will see the original posters speculation.

Gold is UP $20.10 at $1,640.40

Silver is UP 85 cents at $40.09.

I can't see any signs of weakness. What am I missing?

Thanks.

Thought it was $$ DOWN and Gold UP?????? Then.... RV

www.gata.org/node/9917



ME » ARTICLES » DOCUMENTATION
For illegally withholding gold information,
Fed pays GATA
Submitted by cpowell on Fri, 2011-05-13
20:39. Section: Documentation
4:37p ET Friday, May 13, 2011
Dear Friend of GATA and Gold (and Silver):
The Federal Reserve System this week paid GATA
$2,870 in attorney's fees and costs for illegally
withholding a gold-related document GATA
sought in its federal freedom-of-information
request and lawsuit against the Fed in U.S.
District Court for the District of Columbia.
While the judge in the case, Ellen Segal Huvelle,
allowed the Fed to withhold most of the gold-
related documents GATA sought (http://
www.gata.org/node/9560), the document she
ordered disclosed, the minutes of a secret
meeting of the G-10 Gold and Foreign Exchange
Committee in April 1997, showed Western
central bankers conspiring to coordinate their
gold market policies:
http://www.gata.org/node/9623
GATA's freedom-of-information request also
elicited an admission from a member of the
Fed's Board of Governors, Kevin M. Warsh, that
the Fed has gold swap arrangements with
foreign banks and insists on keeping those
arrangements secret:
http://www.gata.org/files/
GATAFedResponse-09-17-2009.pdf
From what GATA's case extracted from the Fed
and from what the case showed the Fed was
determined to keep secret, it now has been
established on the official record that the Fed
and likely the U.S. Treasury Department too are
heavily involved in surreptitious action to
suppress the gold price. Thanks to GATA,
financial journalists now have plenty of
documentation to pursue the story of gold price
suppression:
http://www.gata.org/taxonomy/term/21
All they need now is the courage to pursue it.
GATA continues to approach many news
organizations to urge them to pursue this story.
A letter from the Fed's associate general
counsel, Katherine H. Wheatley, to GATA's
lawyers, William J. Olson and John S. Miles of
William J. Olson, P.C., of Vienna, Virginia
(http://www.lawandfreedom.com/), conveying
the check for the attorneys' fees and costs, has
been posted here:
http://www.gata.org/files/
FedLetterLegalCosts.jpg
A copy of the Fed's check payable to GATA has
been posted here:
http://www.gata.org/files/
FedCheckLegalCosts.jpg
Of course the attorneys' fees and costs paid to
GATA by the Fed are just a small fraction of the
total costs incurred by GATA in the case. To
cover those costs, to explore more legal action
against the Fed and other government agencies,
and to continue its work generally, GATA is
always grateful for financial contributions, which
are federally tax-deductible in the United States:
http://www.gata.org/node/16
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.