Le Metropole Members,

Dear Friend of GATA and Gold:

Below are the questions I have put to Fed Chairman Alan
Greenspan and Treasury Secretary Paul O'Neill through
Sen. Joseph I. Lieberman. It would help if others in the
United States asked their congressmen to do the same.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

1) What are the"gold swaps" cited in the minutes of
the January 31, 1995, meeting of the Federal Open Market
Committee?

2) What"gold swaps" have been made by the ESF, the
Treasury Department, or the Federal Reserve in the last
10 years? Whose gold was involved? What other parties
were involved? What is the status of these"gold swaps"?

3) What was the purpose of these"gold swaps"? Do these
"gold swaps" facilitate the lending, leasing, or sale of
gold by other parties? How did these"gold swaps" come
about? What does the United States gain from them? What
becomes of gold that is"swapped"?

4) Were these"gold swaps" ever made public or reported
to Congress? If so, how? If not, why not?

5) Have these"gold swaps" encumbered or otherwise put in
jeopardy the gold reserves of the United States? If so, in
what amount and to what extent?

6) Why has the gold at the U.S. Mint at West Point, N.Y.,
been reclassified from"gold bullion reserve" to"custodial
gold"? Is this gold still owned by the U.S. government? If
not, what is the authority for its having left the possession
of the U.S. government? Whose gold is it now? What has the
United States received for it?

7) If, as Chairman Greenspan suggested in his letter of
January 19, 2000, to Sen. Joseph I. Lieberman, the Federal
Reserve System does not interfere in the free trade of gold,
why were"gold swaps" discussed at the FOMC's meeting on
January 31, 1995?

8) Exactly what is the policy of the Federal Reserve System,
the Treasury Department, and the Exchange Stabilization Fund
toward gold and the gold reserves of the United States?

Le Metropole Cafe

All the best,
Geoff Barnes, Webmaster
for
Bill Murphy
Le Patron
www.LeMetropoleCafe.com

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