“… major news organizations avoid the gold market manipulation issue although it might seem to be a godsend for them — the Financial Times, The Wall Street Journal, The New York Times, Reuters, Bloomberg News, the Associated Press, etc. They seem reluctant to put to central banks any pointed questions about gold.” – Lars Schall, German freelance journalist
“Germany is now reporting less than 500 tonnes of gold in situ within the confines of the Bank of England under the Thames river.” – Harvey Organ
Welcome to Capital Account on RT
with UNIQUE GUEST Bill Murphy,
Chairman of GATA (Gold Anti-trust Action Commitee)
Update on the bank at the center of silver manipulation claims, JP Morgan.
JP Morgan has a major problem with their massive short position according to GATA. Bill believes that it won’t be long before their role in the market manipulation scheme is exposed. Continue reading
”Apparently any cartel shenanigans conducted during electronic trading is free game and goes unreported by the regulating agencies.”
637.5 million ounces
Paper Silver Dumped
in 1 hour
after FED Minutes released
April 4, 2012
On the now infamous Ron Paul/ Bernanke silver raid of February 29th, we documented how 225 million ounces of silver were dumped on the market over a span of only 30 minutes, smashing silver $4 from $37.62 to $33.68.
In a sign of the diminishing returns of paper market manipulation, on the heels of today’s Fed minutes disappointment, beginning at 2pm EST, over 127,000 contracts, or 637.535 MILLION OUNCES OF PAPER SILVER were dumped on the market in only 1 hour, resulting in a massive silver decline of…. $0.65.
You read that correctly.