Post Election Crisis? “Prop up the U.S. economy, dollar and stock market – until Election Day”

Region:

Investors warned of post-election disaster

Central banks caught in gold squeeze may crush dollar

By David Bradshaw © 2006 WorldNetDaily.com

The founder of the Gold Anti-Trust Action Committee says the U.S. government’s so-called “Plunge Protection Team” is helping prop up the U.S. economy, dollar and stock market – until Election Day.

Then, says Bill Murphy, “all hell could break loose” as the government’s “strong-dollar policy” completely breaks down and is exposed as nothing more than a “keep-gold-weak policy.”

For the last seven years, Murphy says, GATA has pounded the table, insisting to the world the gold market is manipulated, but government leaders, the banking establishment and their captive financial press have refused to debate the issue, dismissing it as “conspiratorial” nonsense.

But Murphy contends “GATA has proof on the public record that central bank gold reserves on deposit are only half of the 32,000 tons they officially claim to hold and are now starting to hit the wall as gold prices keep rising.”


Articles by: Global Research

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Center of Research on Globalization grants permission to cross-post original Global Research articles on community internet sites as long as the text & title are not modified. The source and the author's copyright must be displayed. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]