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» Are Gold And Silver Ready To Fly? (And Is The Dollar Collapse Upon Us?):

Are Gold And Silver Ready To Fly? (And Is The Dollar Collapse Upon Us?)

Posted by on April 7, 2010 at 11:09 am.

The revelations made last week on King World News by British precious metals trader Andrew Maguire may lead to skyrocketing precious metal prices and the collapse of the dollar and other fiat currencies: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html  Maguire tells of manipulation of gold and silver markets by  JP Morgan Metals Traders possibly acting as agents of the U.S. treasury. He even sucessfully predicted when the price of silver would be manipulated. The manipulation of precious metal prices was achieved by shorting gold shares with leveraging of 100 to 1. That is, for every 100 ounces of silver sold the seller (J.P. Morgan) only had one ounce in their possession. This is naked shorting on steroids.  This represents trillions dollars worth of fraud. Unfortunately Maguire’s complaints to the CFTC http://www.cftc.gov/ fell on deaf ears. He was not even allowed to testify at the CFTC hearing on the market manipulation issue. Ultimately the CFTC did not act on his accusations. Much of the  precious metals being trade on the exchange is  supposedly in the vaults of the LBMA.  Note the New World Order  Symbolism on the LBMA website: http://www.lbma.org.uk/   Alchemist?  Wow!  In another KWN interview: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/31_GATA.html with GATA the manipulation of  the gold market is confirmed. GATA representatives also relates stories of intimidation including possible assasination attempts on those individuals who dared make accusations of fraud. In an interview released just today: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/4/7_Andrew_Maguire_%26_Adrian_Douglas.html  tales of nearly empty gold and silver vaults are revealed to listeners.  The interview also explains how Morgan Stanley lost a lawsuit in which it was charging customers for storing gold. The only problem was that the gold did not exist.  I hope you get the picture. There are a tremendous number of claims out there on non-existent silver and gold. Once this fraud comes to light and gold and silver certificate holders demand delivery (which could be very soon) look for precious metal prices to sky rocket. This should cause fiat paper currencies (i.e. the dollar) to collapse. This assessment does require some caution because you should  never underestimate the ability of the Central Banksters to manipulate the market with their unlimited supply of phony money.  This post should not be seen as advice to purchase or sell any precious metals or securities. When making investment decisions you should seek a qualified finacial adviser. 

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