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LBMA Gold Manipulation Story Hits The Mainstream

Tyler Durden's picture




 

First, the gold manipulation story that Zero Hedge and select others have been beating a drum over for months, had finally made inroads into the broader public, first via the Huffington Post, and earlier today via the NY Post. It has also gone global thanks to the Melbourne Herald Sun, the largest newspaper in Australia, whose column by John Beveridge "More bull than bullion" is reproduced below, courtesy of the GATA. Most importantly, Zero Hedge will soon disclose some very stirring details on the manipulated gold market courtesy of yet another whistleblower, and add a new twist in the greatest precious meals fraud saga of all time. Stay tuned.

 

 

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Mon, 04/12/2010 - 14:40 | 296792 SRV - ES339
SRV - ES339's picture

JPM take-down. Lots of bonds to sell this week... with all the buzz lately, it will be interesting to see how successful they are this time!

Mon, 04/12/2010 - 10:33 | 296330 Womb Service
Womb Service's picture

Does anybody know if Mike Shedlock has commented on this situation yet? I stopped reading him ages ago because he simply refused to acknowledge the fraud. At some point he won't be able to ignore it any longer. I'm interested to see if he is willing to man up and admit he was wrong.

Mon, 04/12/2010 - 10:36 | 296333 unwashedmass
unwashedmass's picture

 

laughing. well, that's about as likely as Jon Nadler seeing the light, and giving up his "paychecks" from whomever.

Mon, 04/12/2010 - 10:56 | 296360 jimmyjames
jimmyjames's picture

I've been long gold since 01--

I've learned 2 things--

You can't fool the long bond and you can't fool gold-

So-I listen to gold and it's not saying much about this--

So I wait--

Wet with anticipation--

Mon, 04/12/2010 - 11:14 | 296385 RAFE
RAFE's picture

http://www.popfinancing.com.cn/gupiao/zixun/201004/08-14270.html

nice blurb on ZH:

> Nowadays, in order to be treated to the actual news, one must rely upon the alternative locations from the internet, like Zero Hedge and their small platoon of Wall Street soldiers in service to the truth . <

RAF

Mon, 04/12/2010 - 11:42 | 296431 Samsonov
Samsonov's picture

Noticed that GLD is trading about $25 below the gold spot price.  Not too long ago they tracked quite closely.

Mon, 04/12/2010 - 22:22 | 297430 Trifecta Man
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