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Top 10 Most Read Posts In The Past Week
These are the Top 10 most read posts of the prior week:
- Marc Faber: Relax, This Will Hurt A Lot
- Ever Wondered How You Know You Are In A Depression? David Rosenberg Explains
- Guest Post: Gold Swap Signals the Roadmap Ahead
- "It's Not A Market, It's An HFT 'Crop Circle' Crime Scene" - Further Evidence Of Quote Stuffing Manipulation By HFT
- Jim Rickards Compares The Collapse Of The Roman Empire To The US, Concludes That We Are Far Worse Off
- LBMA Closes Off Public Access To Key Bullion Bank Trading Data
- S&P Priced In Gold: Comparison Between The Great Depression And Now
- Warren Pollock Warns Of Emergency Drug Shortage As EMTs Told To Go To "Alternate Protocols"
- China Calls Our Bluff: "The US is Insolvent and Faces Bankruptcy as a Pure Debtor Nation but [U.S.] Rating Agencies Still Give it High Rankings"
- Already Bought A 3D LCD In Anticipation Of QE "Instarefi" 1.999? You May Want To Consider A Refund
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Bottom 10 posts: All the Tom Clancy stuff like the US Navy manuvering into posistion to bomb Iran.
US has plan to attack Iran if needed (Adm Mike Mullen)
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/7921548/US-has-plan-to-attack-Iran-if-needed.html
Hopefully the plan is a tad stealthier than moving half the Atlantic Fleet to the Persian Gulf.
So LBMA Closes Off Public Access To Key Bullion Bank Trading Data makes the top 10, but when that story is subsequently proven to be just another lie from GATA, ZeroHedge doesn't even bother to cover the truth or print a retraction... Interesting...
For the record (in case anyone missed it), all LBMA did was reorganize their website, so the link to that information (which was NEVER taken down) had a new URL. This story was nothing more than Adrian Douglas fulfilling his weekly need to flaunt his ignorance, but once again ZH ran it with great fanfare.
When are you people going to learn that the folks at the Gold Anti-Truth committee are charlatans who generally don't know what they are taling about? This story was 100% bullshit. The crap they tried to put in Jeff Chritian's mouth was 100% bullshit. Just about everything that comes out of GATA is 100% bullshit. But people refuse to learn. Sigh...
xPat
In case anyone doubts what I say, the link to this information has been in place since mid-June here: http://www.lbma.org.uk/pages/index.cfm?page_id=50&title=clearing_-_statistical_table
Oh yeah, forgot to mention that the "LBMA is leveraged 100:1" nonsense from GATA was also 100% bullshit, just as GATA's claims about unallocated accounts "only being backed by 2.8% real gold" were 100% bullshit. (In actuality, unallocated accounts aren't backed by ANY physical metal - they are backed by the general creditworthiness of the institution and its overall assets). So in that case Douglas' point would have been stronger if he knew the first thing about the metals markets, which he doesn't.
Prediction: Now some idiot will "junk" my posts. Not because I've violated some rule of the site (I haven't) but because I've discredited their heroes at GATA. Wake up, people. GATA are charlatans plain and simple. You can call me names or junk my posts if that makes you feel better, but the facts are still the facts. And the fact is, GATA is 100% full of shit.
xPat
Ha! It only took a couple of hours before my posts were flagged as junk, exactly as I predicted. Flag all you want. The facts are still the facts, and the fact that GATA are charlatans pushing factually inaccurate bullshit is immutable.
xPat
Pretty interesting Jim Rickards interview.