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“None of the six planks will be introduced, since all interfere, even collide, with the priorities of the syndicate.” – Jim Willie CB
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The Truth of the matter is that the situation with Greece is being used as the cover-job to mask the truth about the catastrophic derivatives exposure of the world’s biggest banks. I demonstrated a couple days ago how looking at just Greece in isolation could lead to tens of billions in losses for the biggest banks – primarily JP Morgan – if Greece leaves the EU and reinstates the drachma as its currency. (…) And the Greek situation – just like the Lehman collapse provided a cover-story for the massive mult-trillion dollar bailout of Wall Street’s finest in 2008 – is nothing more than an insidious cover-story to enable the Fed/ECB/BOE to print up and inject several more trillion in paper fiat currency in order to bail out the big banks listed above out of their catastrophic insolvency, rendered largely by moral hazard-enabled investment failures made worse by the layering of 10’s of trillions in derivatives over the bad investments.
That’s the bottom line and that’s the Truth that you will never hear about from any politician or any mainstream media source. Dave in Denver
GATA Chairman Bill Murphy was interviewed today for about 20 minutes by Lauren Lyster on the cable television network Russia Today’s “Capital Account” program. There’s a reason why the subject — gold market manipulation — can be discussed only in non-Western news media, and the continuing interest shown in it by Russia Today, a creation of the Russia government, suggests that governments not part of the market rigging have long figured it out. CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
GATA’s Bill Murphy exposes how
the Gold Cartel is Bombing the Market for Precious Metals CapitalAccount – Creative Commons Attribution license (reuse allowed)
“FAT FINGER??? When a real fat finger occurred in the US Stock market, CNBC covered it upside down and backwards for hours and hours. Not one of the Muppets mentioned such an occurrence in the gold market yesterday. Continue reading
