Use access key #2 to skip to page content.

XMFSinchiruna (26.58)

The Great House of Cards, Part II



April 07, 2010 – Comments (14)

If you still are not following this story, or if you still fail to see how it impacts you personally, then I implore you to take this opportunity to get up to speed on these stunning revelations that continue to be blanketed in a shameful shadow of silence from the mainstream media. You may wish to look back over my last several blog posts in chronological order to facilitate your understanding.

Once again, GATA has given KingWorldNews the exclusive. There is a growing treasure trove of quality interviews on that site, but this pair of recent GATA interviews (along with the CFTC hearing) will go down in history as the warning shot that ... incredibly ... the sleeping masses completely failed to heed.

Please follow this link, and click play once the page loads. The 22 minutes spent listening to this interview, and the time you will spend pondering the implications, will be one of the wisest allocations of your time that you make in your investing career.

Here is the link:

And here is a link to the earlier interview with Douglas, Murphy, and whistleblower Andrew Maguire:



14 Comments – Post Your Own

#1) On April 08, 2010 at 1:58 AM, uclayoda87 (28.73) wrote:

Calling all fools who invest in metals and mining companies to rec these blog posts with the hope that they might get at least the attention of the internet media like Google Finance and Yahoo Finance.

Also, I've noticed that sometimes Google Finance will link to a Motley Fool blog post when it references a stock or ETF, so I would recommend that you add GLD and SLV to your title and related ticker section of your post.

It might also be helpfull to add JP Morgan to the title to try to bait the hook as much as you can.

Just a suggestion.

Report this comment
#2) On April 08, 2010 at 3:08 AM, DragontoadX (< 20) wrote:

King World News is great.. for anyone who uses a feed reader, here is the feed of their interviews:

Report this comment
#3) On April 08, 2010 at 8:15 AM, XMFSinchiruna (26.58) wrote:

ZeroHedge's take on the interview

Report this comment
#4) On April 08, 2010 at 3:19 PM, imobillc (< 20) wrote:

What the Buck!  buck with an F!

When all of this unveil, I am 100% positive that it will be the largest fraud ever perpetuated by the Banks and Bankers....




Great post  1+REC  from me     Mars



Report this comment
#5) On April 08, 2010 at 4:37 PM, XMFSinchiruna (26.58) wrote:

I just spoke for about an hour with Adrian Douglas of GATA.

Fascinating conversation ... look for my article tomorrow.

Report this comment
#6) On April 08, 2010 at 4:57 PM, Option1307 (30.50) wrote:

Since we are all Fools and likely to forget, you should be sure to post  a blog about it here manana. Looking forward to it!

Report this comment
#7) On April 08, 2010 at 5:50 PM, fndr489 (31.78) wrote:

This is probably a rhetorical question but what will the effect of these events have on silver prices?  Given silver to gold's historical ratio of 17:1, and silver's lack of appreciation relative to gold, wouldn't silver be a better investment?

Report this comment
#8) On April 08, 2010 at 6:07 PM, XMFSinchiruna (26.58) wrote:


I am more heavily invested in silver than gold. :)

I expect $50 silver at $2,000 gold, and expect the ratio to hit at least 30:1 thereafter.

Report this comment
#9) On April 09, 2010 at 2:03 PM, rfaramir (28.70) wrote:

If these are fraudulent shorts, isn't the proper, free market way to fight them for as many of us as possible to take physical delivery of as much gold (and silver) as we dare to personally take responsibility over?  (Have in house, pay for a safety deposit box for, etc.)

We may feel that our small quantity of wealth is dwarfed by the billions under the control of the criminals, but their problem is that they are leveraged 100:1 and naked.  That effectively gives US that much leverage.

BTW, where'd the nice round 100:1 number come from?  Isn't there more accurate data than that?  Or do the manipulators use that as a hard guideline to what they're willing to risk, so it really is, essentially exactly 100:1? 

Report this comment
#10) On April 09, 2010 at 5:35 PM, fockewulf (< 20) wrote:

The 100 to 1 number came from Andrew Macguire who was the whistleblower who contacted the CFTC and told them the deal about all the manipulation going on, and then to GATA when the CFTC did next to nothing.

Report this comment
#11) On April 10, 2010 at 12:09 PM, XMFSinchiruna (26.58) wrote:


Actually, the 100:1 figure came from Jeffrey Christian, founder of commodity consultancy CPM group and a well known industry insider.


Yes, that is how their manipulation and leverage will end ... when investors from all walks of life (hedge fund managers, central banks, to little guys start calling their paper bluff and taking physical delivery. This is why I invest in Central Fund of Canada ... I know that takes physical supply off the market and reduces their capacity to play this shell game.

Unfortunately, there is no better data than Jeffrey Christian's twice-stated figure from the hearing. The gold and silver markets are the most opaque markets in the world.

If the figure is correct, though, then all it would take would be about 5% or less of the market to demand delivery to flush out the fraud through a technical default.

Report this comment
#12) On April 11, 2010 at 10:33 AM, XMFSinchiruna (26.58) wrote:

The New York Post finally followed up in its prior mention of Maguire.

Report this comment
#13) On April 13, 2010 at 8:53 AM, fockewulf (< 20) wrote:

Sinch, Thanks for the correction.  Found this interesting article titled:

 "A Simple Experiment To Disprove The Alleged Gold/Silver Price Manipulation Schemes"

Doable?  Who knows, but a brilliant idea nonetheless, and it would for sure answer the question once and for all. Report this comment
#14) On April 13, 2010 at 9:09 AM, XMFSinchiruna (26.58) wrote:

I spoke with Harvey Organ yesterday. In true Canadian fashion, he's a very, very nice guy! More importantly, he exhibits a deep understanding of the precious metals market based upon more than 40 years of investment experience. I hope to follow-up with him for a full interview eventually.

My article covering his addition to the broader developing story on leverage and price suppression is due out today. Thanks for your patience.

Report this comment

Featured Broker Partners