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Letter To NY Atty General
Regarding Silver Manipulation
From Jason Hommel
2-8-4



To The Honorable Eliot Spitzer
Attorney General
State of New York
120 Broadway
New York, NY 10271
http://www.oag.state.ny.us/online_forms/email_ag.jsp
 
To The Honorable Eliot Spitzer:
 
A crime is taking place at the COMEX. A default is about to occur in both the gold markets and the silver markets. The crime is the creation of excessive and fraudulent paper promises to deliver gold and silver that does not exist. This is a crime of fraud that will hurt market participants as follows: Imagine if you ordered silver bullion from a local coin dealer, and sent in your money, waiting a week for your bullion to arrive, and then, during that week you watch as silver rises from $5-$10/oz. Imagine your happiness as you realize you made the correct investment decision, only, then imagine if you were told that they don't have the silver for you because they have run out. Then, imagine as your money was returned to you, when silver was $10/oz. Your money was not refunded, but you just lost half your money in the form of silver bullion, and then, you'd not be able to buy silver anywhere, as the market seizes up, and really takes off in price from $10/oz. to $50/oz. or higher, due to the default!!!
 
That is the exact situation that I believe will hit the entire silver market due to the un-backed sales of futures contracts. Millions of silver investors who trusted the integrity of the markets in the U.S. will be devastated because these un-backed promises were allowed to be made, unchecked, and unregulated by the regulation authorities who are either stupid or have been bribed and paid off, or threatened with harm if they did their jobs.
 
Last year, I wrote to Michael Gorham, Director of Market Oversight
U.S. CFTC (Commodity futures trading commission) and to Neal Wolkoff, Executive Vice President and Chief Operating Officer New York Mercantile Exchange. Their writings reflect that they recognize the problem, and yet, they refused to act. ...
 
It is time to end the criminal activity, and end the lack of action by the market regulators that allow this crime to go unpunished.
According to the Coin Act of 1792, it was a crime worthy of death to debase the coinage.
 
Penalty of Death for de-basing the coins. Section 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of the fine gold or fine silver therein contained, or shall be of less weight or value than the same out to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offenses, shall be deemed guilty of felony, and shall suffer death.
 
Therefore, surely, it is a crime to allow the continuation of the debasement of our coinage as is occuring through the Federal Reserve System of paper money. We must do something to stop the crime of endless paper promises that interfere with the free market process that stimulate competition that produces an efficient economy and prosperity for all. Such endless paper promises, whether futures contracts, or paper dollars, wreck havoc in our entire economy.
 
I am acting to stop the fraud, by using the freedom of the press. I write articles on the internet about the fraud and I tell people to stop being deceived by the paper promises. Hundreds of people have written to me to thank me for writing so clearly and for explaining the fraud that is taking place.
 
Four of my best and most appropriate articles to help you present your case against those who are manipulating the markets in gold and silver, are the following:
 
Rising Gold Prices will help the Economy
http://www.gold-eagle.com/editorials_03/hommel120203.html
 
Letter To Authorities of Silver Markets - 06 January 2003
http://www.gold-eagle.com/editorials_03/hommel010603.html
 
CFTC Response to Silver Problem - 14 January 2003
http://www.gold-eagle.com/editorials_03/hommel011403.html
 
The Moral Failures of the Paper Longs - 22 January 2003
http://www.gold-eagle.com/editorials_03/hommel012203.html
 
Unlike myself, who, at the present time, can only write, and promote my writings, a man in your position has a greater responsibility to do more to help the people of the United States of America, and the whole world, who is being deceived and defrauded.
You can prosecute and lay criminal charges of conspiracy, racketeering, market manipulation, fraud, and perhaps more, and put away the criminals for good.
 
May your actions be a preview of this prophecy about the whore who leads the nations astray, and how she is ultimately destroyed by the strength of the kings of the nations.
 
Rev 17:16 And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.
 
I pray to God that you will do the right thing, and that you will not be intimidated by the evil. I pray that you will not fear man, nor allow your self to be blackmailed or scared away from doing the right thing. May God grant you the courage, the wisdom, and the boldness, to end the evil of fraud that is plaguing our land and destroying our economy.
 
Sincerely,
 
Jason Hommel
goldismoney.com
bibleprophesy.org
 
cc
James E. Newsome
Chairman
Three Lafayette Centre
1155 21st Street, NW
Washington DC 20581
jnewsome@cftc.gov
 
--------------------------
 
We can also email:
 
Vincent Viola
Chairman
Vviola@nymex.com
 
Michael Steinhause
Vice-Chairman
Msteinhause@nymex.com
 
Christopher Bowen
General Counsel
Cbowen@nymex.com
 
Thomas Lasala
VP - Chief Regulatory Officer
tlasalla@nymex.com

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