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Systematic Fraud by US Commodity Futures Trading Commission (CFTC) and J P Morgan in the Gold & Silver Markets
1 April 2010—Andrew Mcguire, independent metals trader turned whistleblower, is at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders. This gold market is the biggest commodity market in the world and is worth $5.4 trillion a year world wide. On a gross basis it is about 1 1/2 times the US economy.
On March 26th, the day after the Gold Anti-Trust Action Committe (GATA) disclosed at a hearing of the U.S. Commodity Futures Trading Commission that Maguire had given the commission detailed warning of a manipulation of the futures market and the commission had done nothing about it, Mr. Maguire's car was hit by a car careening out of a side road in London. The driver of the vehicle then tried to escape. When a pedestrian eye-witness attempted to block the driver's escape he accelerated at him and would have hit him had the pedestrian not jumped out of the way. The car then hit two other cars in escaping. The driver was apprehended by the police after police helicopters were called in and following a high speed chase.
Andrew and his wife were hospitalized with minor injuries. They were discharged from hospital the following day and should make a full recovery. Source: sott.net
Listen to the King World News interview with Andrew Maguire (30 March 2010).
Interview page at King World News.
The day after the King World News interview with Andrew Mcguire above, King World News interviewed GATA directors Bill Murphy, Chris Powell and Adrian Douglas. The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. Listen to the interview.
Just after the interviews with Andrew Mcguire and the GATA directors, the King World News internet servers were attacked and disabled.
The servers are maintained by one of the largest Internet site hosting companies in the world and one of its technicians told King World News proprietor Eric King, “We cannot figure out why this cluster of servers is being attacked.” The King World News site host has maintained the site on a “grid” system of servers so that ordinary technical problems with any one server cannot disable the site, but this attack was sophisticated and brought down the entire grid. Source: gata.org
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This news was too fantastic.Relatively by studying it we could promote our awareness about what a systematic fraud in cyberspace can be.Keep up your effort
ReplyDeleteAndrew Maguire was also part of a mission to open a "Pan Asian Gold Exchange" that would give gold traders a system somewhat outside of the bullion banking stranglehold but they shot it down. Here is what he's doing now..looks good.. Gold Trading with Andrew Maguire ...looks good.
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