Here is some news that could catapult our SP to the stars.
It concerns on-going claims that there has been a massive manipulation in the gold and silver precious-metal markets.
Now - before ya'll reach for ya lynchin' ropes and jump onya hosses lookin' fur the guilty barstids - set yerselves down an lookit this.
"Andrew Maguire & Adrian Douglas: Discuss What Could Be the Largest Fraud in History - Andrew is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders."
"Adrian Douglas, Board of Director from GATA, the man who Andrew reached out to join in this interview - where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in hollywood thrillers.
They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale."
Source: King World News with a link:
http://www.kingworldnews.com/kingworldnews/G+_Articles/Entries/2010/3/30_A_LONDON_TRADER_WALKS_THE_CFTC_THROUGH_A_SILVER_MANIPULATION_IN_ADVANCEBy_Andrew_Maguire.html
To read Andrew Maguire's documented e-mail exchange with the CFTC click here;
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
So What?
If the futures market is flooded with poxy precious-metal 'paper', then it follows that gold & silver producers provide a 'safe harbour' - ie. they are digging up metal, not paper.
Manipulation news has been precolating under the mainstream radar for years now - GATA and others have been voicing their concerns as the authorities refuse to conduct proper audits.
This has the potential to blow-up in the faces of some very dodgy public figures.
Hold on to your fiscal jockstraps and flimsy knickers - a perfect storm is gathering momentum....and maybe you will get the ride of your life..:-)
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Price($) | Vol. | No. |
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