"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Ex-Goldman Trader Blows Whistle on Silver and Gold Manipulation by JPMorgan, HSBC
Submitted by Little Alex on Fri, 2010-04-16 03:00
“JPMorgan acts as an agent for the Federal Reserve; they act to halt the rise of gold and silver against the U.S. dollar. JPMorgan is insulated from potential losses [on their short positions] by the Fed and/or the U.S. taxpayer,” Maguire said.
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