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Dear Mr. Alan,
This letter is
being written in concern to your fiduciary responsibilities with the gold
reserves of the U.S.A. First of all, may I commend you on your knowledge and
care of these precious entities, they are undoubtedly in the best hands you
could possibly find!
As a concerned
citizen I must alert you to some of the ongoing rumors and I'm absolutely
positive that's all they are, in regards to the integrity of our nation's
gold supply. You likely don't spend much time on various hard money Internet
chat sites, much more important matters at hand, but I must tell you there
are some real squirrels out there and they are making the most outlandish
claims imaginable regarding the US Treasury and gold. Please pardon me for
even mentioning this in your presence, but some of these clowns are wildly
stating that the US gold supply is NOT fully intact. I got pretty upset at
their frothing, to the point of not even being able to discern exactly how{e}
much gold they even believe to be temporarily displaced. We're likely only
talking about a couple hundred ounces here out of over 8,000 tonnes, but I do
know how{e} seriously you take your responsibilities and thought you should
be made aware. If you were loose and free with our country's {and the
world's} finances one would surely hear derogatory nicknames for you such as
'Easy Al', 'Mr. Magoo', or other such tomfoolery. You aren't and we don't.........case
dismissed {another one}.
I have read many
of your 1960's essays on the critical importance of gold as a monetary asset
and I know fool well that the man that wrote those masterpieces would not be
able to sleep if anything were amiss with our nation's booty. Clinton was
also pretty good at minding our country's booty so unless Dubya has slipped
up we should be pretty centered. Few know, understand, and care about gold
issues like whoever wrote those 1960  pieces. I also
well remember how{e} most of this gold was acquired during the booming 1930's
when the US citizens were greatly in need of tax deductions and poured out
their gold unto our nation's treasury for safe-keeping as well as
deductibility. We have all heard of the physical properties of malleability
and deductibility with both silver and gold, but I digress, sorry. Anyway,
Mr. Roosevelt initiated this chain of responsibility that has now led into
your more than capable hands. I think President Roosevelt, you, and President
Nixon have done more to insure our nation's financial integrity than the rest
of our great leaders combined! FDR had the insight to bring the nation's gold
into central care, RMN was able to keep it away from foreign mongrels, and
you, Sir Alan, have kept it at least 99.99999999% pure and secured for all
my/our future progeny/taxpayers. I'm sure the historians will be able to
place Mr. Clinton into this esteemed clique before the next texts come out,
but we'll have to wait for that, won't we? Any truth to the rumor that the mill-house
in Nixon had anything to do with his private hoard of precious? Sorry, it's
those chat sites that seem to be influencing me, I'm trying to cut down. They
obviously serve some purpose, however, or this letter from a very, very
slightly, itsy-bitsy concerned citizen wouldn't be forthcoming.
I have digressed
again, sorry. As I was saying, these outlandish claims are being made in
regards to your beyond-reproach care of our nation's gold cache. Let's
discount the rumors right off the top and diss the high end of their claims.
If anyone deserves the benefit of the doubt, it is you and Larry, o wise
ones. So, we're talking considerably less than 200 ounces of gold and
probably more than 1 ounce of gold that might possibly have been temporarily
misplaced. That is not really a lot of gold, but knowing your conscientious
and independent care for this country, it is not to be lightly dismissed
either. Have any of these concerns come up in your various Swizz board
meetings? I bet some heads are going to roll now if there is an inkle of
truth to what I am reporting to you! I promise to continue to monitor these
terrorist financial sites and keep you fooly appraised of any more devious
proclamations that are found. Are there yet financial rewards for turning in
this sort of scum? Not that I would accept it, receiving a response from you
or even a southern directed sneeze would more than suffice. I most definitely
wouldn't expect to be paid in gold, our treasury not to be compromised.
Where was I? Oh
yes, the story goes that some of these puny ounces {probably the most
tarnished ones knowing your sterling reputation}, have theoretically ended up
being loaned to some of our nation's finest institutions, bankers from what I
remember, bullion bankers to be more specific. I certainly don't get it, if
one cannot lend a few measly ounces of gold to a BULLION BANK, exactly who
would be more qualified to borrow bullion??? I will attempt to splain
everything to these various sites {if Homeland security hasn't pulled their franchises
yet, heehee} once you and I get to the bottom of this mystery. A copy of this
letter is also going to this security agency, any truth to the rumor that
they will retroactively pay for information of such sensitive nature?
Curiosity only.
You should also
be made aware that many traitorous individuals on these sites are denigrating
your well crafted, and beautiful I might add, Federal Reserve Notes. Such
foolishness is beyond the pale. I have yet to meet the person who is not
falling all over themselves and most everyone else around, trying to amass a
sizeable amount of these legal tenders. When is the last time you walked into
a McDonald's or a Chick-Filet and asked for some chicken 'golds', get my
drift? There can be absolutely NO doubt that your handiwork has practically
repealed the laws of supply and demand with these beauties. Our monetary
supremacy, due to your artwork, expands the globe. We crank em, you bank em.
What could be more American than that?
By now you are
likely bored beyond tears from reading of such claims of gold misplacement,
and have every right to be indignant. Let me wrap it up now so you can
straighten out this whole mess next week. There could be no way that you
would even know who these various 'bullion banks' are as all of your work is
certainly done at 'arms length', or at least 'organ' length, so I suggest you
get someone to find out exactly who may be involved here and simply ask them
to return the few ounces involved. No harm, no foul, depositories back 110%
intact. What could be simpler than that?
Thank you for
your consideration, Sir! Your place in history is most assured, America
first, last and always.
A simple
unconcerned citizen,
Russel McDougal
Investor’s Daily Edge
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articles by Russel McDougal
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