Monday, April 12, 2010

Buillion Bombshell

An article on Benzinga by Michael Snyder describes the now public proof of market manipulation of gold and silver prices, and how the powers that be tried to keep the truth from getting out. The article describes key methods used to suppress not just the price of gold, but also the truth about their market manipulations from getting out, including how the key witness coming forward with proof has been subjected to a hit and run car attack, or how there was a fire where the gold and silver records for the CFTC are kept. After delivering damning evidence at the CFTC hearing William Murphy was contacted by a number of major media outlets, all later canceled their interviews.
Nonetheless you can read about how traders at JPMorgan Chase openly bragged to whistleblower Andrew Maguire, a former Goldman Sachs silver trader, about how they would manipulate the market and even send "a signal to the market in advance so that other traders could make a profit during price suppression episodes." In early February, "the price of silver was to be taken down regardless of what happened to the employment numbers and that the price of silver would end up below $15 per ounce. Over the next couple of days, the price of silver was indeed taken down from $16.17 per ounce down to a low of $14.62 per ounce."

No comments:

Post a Comment