Zero Hedge endorses gold audit petition; please add your support today
Zero Hedge yesterday endorsed the petition to President Obama to commission an independent audit of the U.S. gold reserve that addresses not just weight and purity of the metal but swaps and leases. While most petitions undertaken at the White House's Internet site are mere entertainment, Zero Hedge writes, the petition about auditing the U.S. gold reserve "is one petition, which, unlike all the other gimmicky wastes of time, that we (and certainly the German people if not the Bundesbank) would wholeheartedly endorse, and one we hope promptly crosses the 25,000-signature threshold needed for a formal response from the White House."
Zero Hedge's commentary on the petition is here:
The petition was posted only last Wednesday and when GATA called attention to it Thursday night it had only a little more than 100 signatures. It now has more than 2,000.
Of course we don't expect the petition itself to extract any honesty, candor, or information from the Federal Reserve and the Treasury Department -- only more freedom-of-information lawsuits such as those contemplated by GATA are likely to accomplish that:
But if the petition reaches the 25,000-signature threshold and compels a sullen acknowledgment and rejection from the government, it just might spark some interest in the mainstream financial news media somewhere. Gold market rigging as the centerpiece of the ever-expanding Western central bank scheme of rigging all markets is now long beyond obvious and has been extensively documented by GATA:
Lacking are only some courageous journalists resolved to stop playing their bit parts in an international performance of "The Emperor's New Clothes."
So if you haven't electronically signed the petition please do so as soon as possible and encourage friends and family members to sign it. It gained 20 signatures just in the time it took to write this appeal, so it has a chance. It's posted here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.