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You Don't Mess With The LBMA - Assassination Attempt On Silver Market Manipulation Whistleblower?
The latest development in Silvergate, in which whistleblower Andrew Maguire has exposed the manipulation details in the London commodity market, is straight out of a John Le Carre or Ian Flemming novel: an assassination attempt. From GATA:
London metals trader Andrew Maguire, who warned an investigator for the
U.S. Commodity Futures Trading Commission in advance about a gold and
silver market manipulation to be undertaken by traders for JPMorgan
Chase in February and whose whistleblowing was publicized by GATA at
Thursday's CFTC hearing on metals futures trading was injured along with his wife the next day when their car was struck by a hit-and-run driver in the London area.
According to GATA's contact with Maguire, board member Adrian
Douglas, Maguire and his wife were admitted to a hospital overnight and
released today and are expected to recover fully.
Maguire told Douglas by telephone today that his car was struck by a
car careening out of a side road. When a pedestrian who witnessed the
crash tried to block the other driver's escape, the other driver
accelerated at the pedestrian, causing him to jump out of the way to
avoid being hit. The other driver's car then struck two other cars in
escaping. But the other driver was caught by police after a chase in
which police helicopters were summoned.
We'll convey more information about the incident as it becomes available.
We are in process of corroborating this story with independent sources. It will be interesting to see what information the escapee driver discloses and whether this was just a case of a little extra fish and chips and extra, extra beer. In the meantime, the battle against the big banks and the LBMA might have just gotten a little more personal.
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King Tut...what did he know?
the stupid people will run from gold for about 10 minutes. and then join in the (physical) gold buying frenzy
along with the rest of the goldless mob.
you're right, ignore the flags.
those who hold physical gold imagine a world in which currency is no longer accepted. a more likely scenario is a gold backed currency, which favors nations with large reserves, and small currency floats. in such a case gold in the ground could be counted as assets, just as oil in the ground is counted as an asset. the new power shift favors countries like South Africa, Indonesia. they will become financial centers, and dubai world will be a ghost town.
the US has a large gold reserve, China has almost none. King dollar may have some surprises, although gold reserves are a game of liars poker, and the US has some of the best damned liars in the world.
I like your comment. I don't necessarily agree with it, but you make a good point. It seems to me that currency should consist primarily of a folding green proxy, if for no other reason than the fact that hauling around silver and gold is onerous. I have a good bit of silver and a little gold. In the event of TEOTWAWKI, let's say I want to buy 10 of Farmer Brown's sitting chickens, at a dollar silver each, and of course I'll need the corn to feed them, another 10 silver dollars, so now I'm lugging around over a pound of metal. This is where the term 'cutpurse' originated. The thief would simply slash the bearer's purse, and scoop up the specie as it tumbled out.
I have over a hundred pounds in silver coins and not quite a pound of gold, but still in all it's a regular goddamned treasure chest. Plus all my precious gems, which I've collected for years. A gold-backed currency is what we need.
If you're not willing to overpay then you don't have to carry as much.
guy's like this are usually dealt with prosecution as coconspirators.
http://en.wikipedia.org/wiki/Bradley_Birkenfeld
http://www.cbsnews.com/video/watch/?id=6050245n
"Usually" is quite a stretch. The few and well-publicized exceptions, fortunately, serve to demonstrate the actual rule.
The International
Internet Tough Guy couldn't take his sister.
..just sayin.
Aww hell, anybody with a brain can tell it's being manipulated......
To:by jedwards
on Mon, 03/29/2010 - 02:17
#278665
You are a clown.
Those buildings dustified.
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Whatever we do, WE CANNOT let this age..... This information Mr. Maguire has provided to the CFTC. namely Eluid Ramirez is not like a fine wine. No Sir, as time goes by memories fade and unfortunately there are people of the opposition who are praying that Mr. Maguire falls out of the picture. We all know that the ACCIDENT that Mr. Maguire and his wife was NO ACCIDENT AT ALL !!!! Who was it ? I have no idea but if I had a JP Morgan bank account I'd bet all of of it that the accused had something to do with it.... I'm just saying... In no way shape or form am I suggesting that JP Morgan orchestrated this ACCIDENT.... AS we all KNOW: EVERYONE IS INNOCENT UNTIL PROVEN GUILTY. So again, I am NOT saying that JP MORGAN did this, I am just saying, speaking of possibilities..... Almost like an old movie, the one least expected always seems to be the culprit. But again I say that in our great United States of America.... All are innocent until proven guilty... I am sure JP Morgan would be more than happy to show the world that for every oz. of silver on paper contracts, exists the same in physical silver and since JP MORGAN has nothing to hide I am a believer of the great empire of JP MORGAN and I know JP MORGAN WILL ALLOW a thorough inspection of the silver in their vaults to be inspected with a random inspection which would allow a certain amount of any given bars, again RANDOMLY, cut in half to prove to all disbelievers that all the silver sold on paper does in fact exist in their vaults. With every vault that belongs to JP MORGAN being inspected at the same time which would guarantee all disbelievers that JP Morgan is not moving the good silver from spot to spot. I am also sure that JP MORGAN would allow one - two neutral inspectors participation in this investigation. These would of course be CFTC members and possibly one - two neutral investigators like , oh I don't know lets just say maybe someone like Jason Hommel, David Morgan, Ted Butler and other neutral inspectors just because we know JP MORGAN has nothing to hide. But this cannot sit and age.... Things must continue. inertia is very important in not letting this case die and believe me if it gets swept under the carpets for some later date.... PEOPLE will lose interest. Not people like you and I but the masses that believe that the paper in their wallets are money... We can't let this happen......... God Bless and forgive us all !!!!!!!
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