Investors warned of post-election disaster

Alert Focus: Mammon / The Third Seal Revelation 6:5-6 When He broke the third seal, I heard the third living creature saying, "Come." I looked, and behold, a black horse; and he who sat on it had a pair of scales in his hand. And I heard something like a voice in the center of the four living creatures saying, "A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine." Editorial Note: This article originally appeared in the December 9, 2006 edition of Moriel's Be Alert! email newsletter. Central banks caught in gold squeeze may crush dollar WORLDNETDAILY - By David Bradshaw - October 30, 2006 -- The founder 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." Murphy sees a "convergence" coming in the gold market between the rising physical demand for gold and shrinking mining output and supply – with the gold price "management" by central banks caught in the squeeze. The Wall Street Journal reports, "Treasury Secretary Henry Paulson, a Wall Street veteran has reinvigorated the President's 'Working Group on Financial Markets' (PPT), which includes heads of the Fed, SEC and Commodity Futures Trading Commission." "Gold prices could double to $1,200 per ounce in the short term to then run up as high as $3,000 per ounce over the next five years," Murphy told WND founder Joseph Farah in an exclusive interview this week, now available to WND readers on CD. Hear a 90-second clip of the CD. http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=52650 FAIR USE NOTICE: This blog contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of religious, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.