New Economic Whistleblower -- Big!!!

[sjkted]

Hi All,

Many people have been speculating that the market for gold and silver has been rigged for some time. In the last few years, there have been substantial shortages for real gold and silver, yet the market prices are continuing to go down.

Andrew Macguire just blew the whistle on the whole scam. Here's a few highlights:

- People who buy gold certificates are having their gold leveraged by a factor of 100 to 1. This means for every 100 people who bought "gold", there is only enough gold for 1 to take physical possession.
- The gold market is about $5.4 trillion dollars per year, which is an entire scam 1.5 times the size of the entire US economy.
- The repercussions for this are absolutely massive, as many people are bound to lose money through investments such as funds that invest in gold and the price of gold could skyrocket with this news. If the price of gold jumps, the value of the world major currencies (i.e. dollar, Pound, and Euro) will plummet overnight.
- This scam is much, much bigger than Bernie Madoff and includes collusion between gold traders, JP Morgan, and the US Government.

Prior to Andrew's interview with King News, he was hit by an unidentified car which drove away, and left him and his wife sustaining injuries. After the interview was conducted, King World News website was attacked and down for about 8 hours. Many of the Youtube videos of the interview were also suspiciously removed.

Here are the main interviews:

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/31_GATA.html

--sjkted

[Fredkc]

- People who buy gold certificates are having their gold leveraged by a factor of 100 to 1. This means for every 100 people who bought "gold", there is only enough gold for 1 to take physical possession.
This one doesn't surprise me at all. Warnings not to buy "gold" you can't take delivery on have been going about for nearly two years.


- The gold market is about $5.4 trillion dollars per year, which is an entire scam 1.5 times the size of the entire US economy.
Should probably fact check this one as the U.S. GDP is around $13 trillion.

[Merkhava]

Hi "skjted",

This is great information and has extremely important implications for the future.

I think it needs relentless exposure until it breaks into the public consciousness.

Thanks for posting this !

Best Regards,
Merkhava

[Humble Janitor]

Another good reason to avoid gold. It's all a scam. It's too bad gullible people are going to send in their gold for worthless fiat money. Suckers.

[psci]

AS SOON AS THE NEW MADRID FAULT LINE RUPTURES, THE DOLLAR'S VALUE WILL PRECIPITOUSLY DECLINE RELATIVE TO GOLD/SILVER - SEE http://www.quicktopic.com/46/H/4HmbErs37NF