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The Modern Day Reverse Alchemists

Tyler Durden's picture


The Gold Anti-Trust Action Committee out with an insightful piece on the modern day reverse alchemists (taking gold, converting it to diluted crap). Probably a must read for everyone who feels there is always something "off" with the gold market. Quoting author Adrian Douglas:

In the Middle Ages alchemists toiled in vain to transmute lead into gold. One wonders why they used such an expensive starting material, such as lead, when modern alchemists in the gold world have succeeded in transmuting paper into gold. This article reveals the anatomy of a scam that has been perpetrated on investors and goes a long way to explain and tie together developments in the precious metals markets in recent years.



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Tue, 07/14/2009 - 09:05 | Link to Comment Stuart
Stuart's picture

A very compelling read.  It's at the point that those orchestrating such blatant price management don't give a damn anymore who knows though.     Stakes are too high now.    This paper needs to go viral.

Tue, 07/14/2009 - 09:15 | Link to Comment Anonymous
Tue, 07/14/2009 - 09:46 | Link to Comment Anonymous
Tue, 07/14/2009 - 09:53 | Link to Comment Gilgamesh
Gilgamesh's picture

I cannot read (or see) the paper at work; look forward to reading tonight.


Let me add a tangental article, that I can only assume was not the point of this paper:


BROTHER, CAN YOU SPARE AN AMERICAN BUFFALO? U.S. Mint gold, silver coin sales 'temporarily suspended' - again

Tue, 07/14/2009 - 10:36 | Link to Comment Anonymous
Tue, 07/14/2009 - 11:03 | Link to Comment Anonymous
Tue, 07/14/2009 - 16:43 | Link to Comment Anonymous
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