Ladies and Gentlemen.

Once again, I have the great and inestimable displeasure in noticing you of Counterfeit Gold Instruments. You did not listen before when warned this resulted in over $400 T in Not Now Performing Gold Instruments as (fraudulent) "External U.S. Debt Instruments."

This is a "heads up" in regards to a $10 Trillion Dollar Gold Capital Venture Trading which is alleged to commence in the Philippines, Security and Exchange Commission Company Reg. No. CN200322944 incorporated the 14th day of November, 03.

Ladies and Gentlemen. We commenced warning you about these counterfeit gold instruments back in y2k. We also warned the U.S. Dept. of the Treasury and Global Banking. All of you ignored the warnings. The ignoring has caused this present Global Banking, Financial and Economic "implosion."

Jack McCreery; Your D.C. Office is overloaded with previous warnings regarding these matters, backed with more than sufficient documented proof i.e., evidence these individuals were in fact "Counterfeiting Gold Instruments" written on our Gold Collateral. You sat on your "end"..and nothing has been done. This doing nothing has caused this present economic crisis globally. You were told then, we will tell you once again: "We will not be responsible and/or liable for these Counterfeit Gold Instruments written on our BONUS 3392-181 Gold Collateral without Authorization.

You will receive no further notice from this Trust regarding these matters of Counterfeit Prime Bank Instruments, Gold Derivatives written on our Perfected Gold Collateral Debt Instruments. You have been warned sufficiently by this Trust.

I remain-

Yours truly,

V.K. Durham, CEO-Signatory "Bonus 3392-181" Held
in Durham (Intl. Ltd;) Holding Trust (TIAS 12087)
PO Box 113
Ida Grove, Iowa 51445

Rumors of increased gold sales in the renewed Washington Agreement are insignificant and immaterial. 

The latest negative rumor in the Gold Community probably rests with a COT planted Trojan Horse at a weekend investment conference in which a "past" IMF personality suggested there would be increased gold sales as part of the renewal of the Washington Agreement in 2004. 

Yes, there likely will be an increase but it will be totally insignificant. The number presently being discussed involves an increase in gold sales to a maximum of 17.5% over prior levels. 

But that increase would be spread over five years meaning the actual rate of increase per annum is  3.4%. Such an increase would be immaterial to the gold price.

The truth is that Central Bank gold sales have always been over-subscribed at a price relative to the market. Central Bank selling was abandoned in the 70s when they realized it was bullish for gold. 

What it did was allow extremely large bullish interests to enter the gold market at a singular price, thereby inviting interests such as the disgruntled OPEC members (because of dollar depreciation) to increase their gold positions and offload truck loads of depreciating paper dollars.

Just as the Exchange Stabilization Fund jammed the dollar higher on Monday morning two weeks ago to ease Barrick's bullish no hedging announcement, this Trojan Horse is attempting to start a rumor to offset the impending sharp upward rise in the price of gold to the $420s, $430s and perhaps the $450s. 

Do not fall victim to the Trojan Horses that are being let loose now every day. Of all the Trojan Horses to date, this one is the weakest.

Send all announcements you see regarding this or similar issues to me by email and/or fax for review and reporting . Email is done via this web site while faxes are sent weekdays to: 860 364 0673 and evenings and weekends to: 860 364 1019. 

I will tell you what the announcement means with total objectivity. You can be sure of that!