[JustTheTruth]

The CPI has long been deceptively useless, and the Fed's covert action to suppress precious metals price increases (by as much as they could) is another way to hide the debasement of the currency (current U.S. economic policy).

[Lancey Howard]

In 1988 the Hunt brothers were convicted of federal charges for manipulating the price of silver.
It's okay for the government to do it, though.

[Texas Fossil]

No surprise here. And the manipulation is not just in the Gold & Silver Markets

What do you think the Department of Agriculture is all about? They say it is price stablity. But what it is really about is control and depressing food & fiber commodity prices.

[I Hate Obama]

“JPMorgan acts as an agent for the Federal Reserve; they act to halt the rise of gold and silver against the US dollar. JPMorgan is insulated from potential losses [on their short positions] by the Fed and/or the US taxpayer,” Maguire said.”

Looks like someone missed their plane flight with the Polish President.

[rsobin]

Help me here. Was JP shorting metals with no personal risk? Was this the crime?

[bamahead]

"JPMorgan acts as an agent for the Federal Reserve; they act to halt the rise of gold and silver against the US dollar. JPMorgan is insulated from potential losses [on their short positions] by the Fed and/or the US taxpayer,"



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[VOA]

bump

[OldNavyVet]

Given a losing position, the best move an individual trader in metals can do is take delivery.

[worst-case scenario]

So when do we start getting mad at the bankers and currency manipulators who have been robbing from us and the Federal Treasury for years?

[Nam Vet]

Well, I guess reporting more than 2 weeks after the fact is better than not reporting at all. Biggest thing to take away from that hearing is that for every 100 ounces of gold bullion traded, there is only ONE ounce of physical gold.

When the music stops, only one out of 100 in the gold market will have a chair.

CIGA Nam Vet

[freedomfiter2]

When are we going to shut down this criminal enterprise? (the fed)

[Tribune7]

Maguire and his wife were injured in a strange hit-and-run crash the day after his name went public

Just one of those things to make you go hmmmm for the the conspiracy buffs.

[Kenny500c]

I don’t understand the complaints.

If a cabal were conspiring to keep the price of a gallon of gas at $1.00 would you be upset?

[Danae]

Didn’t ZeroHedge have a story on this a long time ago?

This is why The Fed must be not only Audited, but it is far past time for it to be ABOLISHED. Our currency is worth less than a silver penny was in 1940.

DELIBERATELY to enrich entities such as the Fed.

[dennisw]

here we go ...

[PMAS]

*

[ConservativeMind]

This is a huge deal.

Wow. Just “Wow.”

[opentalk]

bttt

[nw_arizona_granny]

Says it all right here.....ping.

[dunblak]

If anyone on this board has purchased gold and is not in physical possession of it...he/she better move fast to locate it or its all over but the shouting...these merchants have sold more gold than exists.

[xzins]

How can a person trust a commodity as volatile as gold has been? Isn’t it true that if something can go up astronomically that it can crash just the same?