Saturday, 10 April 2010

An Example of a Worldwide Media Blackout

Here's an example of the effectiveness of the Mainstream Medias' complete control of News coverage throughout the world, and how, if they so wish it, an incredibly important story concerning fraud, corruption and manipulation, orchestrated in the very highest offices in the world of Banking and Government, can get completely 'disappeared'.

At the end of this article I'll give you a nice little experiment to try for yourselves so you can see just how effective it is, but first a little background.

I'm sure a few people that read this blog and those that followed it's predecessor 'ukwebspider' must have at times wondered why I keep publishing stories about Gold and Silver, Comex, the LBMA, GLD ETF's and associated topics. What's the big deal? I'm sure some must have thought.

Well it's a subject that is not only fascinating but vitally important if you really want to know what's going on and what is likely to occur in the not too distant future.

Gold you see is the most imortant 'commodity' in international banking. Gold underpins everything- the whole 'facade' of world economics and banking rests upon Gold and if the Gold market collapses through fraud or manipulation you'll see the biggest bank run in world history and every economy in the world will crash completely in a matter of a few days and Fraud there is in abundance. Heres an excerpt from Eric deCarbonnels recent article Cracks Appearing in US Financial System and by reading it you'll get some idea of what's going on and just why it is so important and hence why the 'media blackout'.

Gold prices soar after CFTC Hearings confirm manipulation
Gold manipulation was been officially confirmed at the CFTC hearings held on March 25. Since then, gold prices have skyrocketed.

If you haven’t read my entry, Gold Manipulation OFFICIALLY CONFIRMED please do so. Basically, the lack of physical holdings by all who claim to have gold in storage is pervasive throughout the gold world.

Amazing set of revelations

1) For the first time ever, a whistleblower, Andrew Maguire, has stepped forward citing specifics of a gold market rigging as it was occurring in real time.

2) There is no gold corresponding to the vast "gold deposits" at the major LBMA banks. During the CFTC hearings, Jeffrey Christian of CPM Group (one of the most respected precious metals consultancies) stated that "precious metals…trade in the multiples of a hundred times the underlying physical…"

3) Almost all of the trading activities on the London exchange were merely settled by paper for paper, not for physical metals as the exchange supposedly requires.

4) There are thousands of clients (Asian and Middle Eastern governments, sovereign wealth funds, GLD, etc) who think they own hundreds of billions and perhaps trillions of dollars of gold bullion, and are being charged storage fees on that fantasy bullion, but what they really own unsecured gold loans to the banks at a negative interest rate.

5) It is impossible for the London exchange to ever deliver all the gold and silver owed to the owners of contracts.


Unbelievable “coincidences” surrounding CFTC hearings

1) The live television broadcast of the CFTC hearing suffered a technical failure right as Murphy was set to begin his testimony. This was corrected right after Murphy was finished.

2) At least one live voice broadcast (radio) failed during Murphy's presentation.

3) After the hearing, Murphy was contacted by several major media outlets for more interviews. Within 24 hours, all the interviews were canceled. All of them.

4) The day after Maguire gave his radio interview, he was the victim of a hit and runcollision. Somebody sped out of a side alley at top speed, smashed into Maguire’s car, and then tried to escape. A high-speed chase ensued, and the perpetrator was caught by police. Although the British press has reported that this might have been an assassination attempt or a threat, there has been no word from the police.

5) Shortly before somebody crashed into Maguire’s car, the CFTC caught on fire. This fire happened to be located in the one small basement room where gold and silver trading data and other pertinent documents were kept.

6) A few days after the CFTC caught on fire, there was an DOS (denial of service) attack on the King World website which contains the radio interview of Maguire and his emails to the CFTC.


Virtual blackout by the mainstream news media

1) Only the blogs, and almost no one in the mainstream media, are covering the relevations of the CFTC hearings.

2) At the Wall Street Journal, a search on "Gensler" (CFTC Chairman Gary Gensler would surely be included in any report) produces only one item from before the hearing. Readers of the Wall Street Journal will never hear what happened at the hearing and whether the CFTC paid any attention to them.

3) The few mainstream stories that do cover the CFTC hearings are unnaturally one sided, failing to mention anything other than opposition to any idea of position limits in metal markets

4) A Google News search on "Gensler" confirms the virtual blackout by the mainstream news media.

5) The media’s strategy seems to be to stonewall and hope scandal goes away.


Implications

1) This is a scandal of monumentous proportions. As the articles above put it:

"Sub-prime crisis was peanuts before this scam."

"This is a potential multi-trillion dollar fraud that could bring down the world's financial system."

'FRAUD’, that is the one word which comes to any investor’s mind when s/he reads about the Commodity Futures Trading Commission (CFTC) hearing on manipulations in bullion market by gold cartels

"It is a bombshell. This has to be dealt with, one way or the other. Bring it out into the light of day, and let the facts be known. This is either the equivalent of the fictionalized testimony on the order of the Salem Witch trials, or one of the most damning accusations of malfeasance in office against quasi-governmental agencies, and probably US officials, since Teapot Dome. "

2) As the significance of the CFTC hearings’ revelations sink in, it will create a gold rush and dollar panic, resulting in the biggest short squeeze in the history of all commodities.

3) The upward explosion in gold prices, it will result in a complete loss of confidence in the U.S. dollar.

Conclusion: Last October, I wrote about the Gold Market Reaching The Breaking Point. Well now we are there
(End of Article)

Right here's the example of a worldwide MSM news balckout:

Try 'googling' any combination of the following words: Gold- Manipulation- CFTC- Hearings- Fraud and see what you find, outside of the blogs it won't exist. Happy hunting. I'd take a look at the links complied with the video recommended to us by 'Stop Common Purpose' before they get 'disappeared' too

TNR: World Silver And Gold Fraud Exposed! Andrew Maguire Exposes JP Morgan & CFTC


TheNorthwestReport — 04 April 2010 — This dwarfs ALL other scams/frauds.

Spread this video. The government influenced media refuses to cover this.

LINK A
http://www.gata.org/node/8466

LINK B
http://www.gata.org/node/8477

LINK C (click the icon on the bottom left)
http://kingworldnews.com/kingworldnew...

LINK D
http://www.nypost.com/p/news/business/jpmorgan_chase_story_in_uk_DsMN4PnXFoQG5KdevIsQ7N...

LINK E (click the icon on the bottom left)
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/31_GATA.html...

LINK F
http://www.gata.org/node/8494...

UPDATES:
http://www.gata.org/node/8494...

http://seekingalpha.com/article/196794-gold-silver-the-cftc-and-conspiracy-theories...

2 comments:

Anonymous 10 April 2010 19:06  

Utterly staggering.

The biggest fraud in history.

I shall be buying shares in a rope factory.

The Network 10 April 2010 19:19  

I'd invest in pitchforks too

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