Here Is The FT’s Gold Price Manipulation Article That Was Removed Zero Hedge February 26, 2014
Two days ago the FT released a clear, informative and fact-based article, titled simply enough “Gold price rigging fears put investors on alert” in which author Madison Marriage, citing a report by the Fideres consultancy, revealed that global gold prices may have been manipulated on 50 per cent of occasions between January 2010 and December 2013. To those who hve been following the price action of gold in the past four years, gold manipulation is not only not surprising, but accepted and widely appreciated (because like the Chinese those who buy gold would rather do so at artificially low rather than artificially high fiat prices) and at this point, after every other product has been exposed to be blatantly and maliciously manipulated by the banking estate, it is taken for granted that the central banks’ primary fiat alternative, and biggest threat to the monetary status quo, has not avoided a comparable fate.
What is surprising is that where the FT article once was, readers can now find only this:
And since we can only assume the article has been lost to FT readers due to some server glitch, and not due to post-editorial consorship or certainly an angry phone call from the Bank of England or some comparable institution, we are happy to recreate it in its entirety. Just in case someone is curious why gold price rigging fears should put investors on alert. In the interest of free speech, here is the article: Gold price rigging fears put investors on alert By Madison Marriage Global gold prices may have been manipulated on 50 per cent of occasions between January 2010 and December 2013, according to analysis by Fideres, a consultancy. The findings come amid a probe by German and UK regulators into alleged manipulation of the gold price, which is set twice a day by Deutsche Bank, HSBC, Barclays, Bank of Nova Scotia and Société Générale in a process known as the “London gold fixing.” Fideres’ research found the gold price frequently climbs (or falls) once a twice-daily conference call between the five banks begins, peaks (or troughs) almost exactly as the call ends and then experiences a sharp reversal, a pattern it alleged may be evidence of “collusive behaviour.” “[This] is indicative of panel banks pushing the gold price upwards on the basis of a strategy that was likely predetermined before the start of the call in order to benefit their existing positions or pending orders,” Fideres concluded. “The behaviour of the gold price is very suspicious in 50 per cent of cases. This is not something you would expect to see if you take into account normal market factors,“ said Alberto Thomas, a partner at Fideres. Alasdair Macleod, head of research at GoldMoney, a dealer in physical gold, added: “When the banks fix the price, the advantage they have is that they know what orders they have in the pocket. There is a possibility that they are gaming the system.” Pension funds, hedge funds, commodity trading advisers and futures traders are most likely to have suffered losses as a result, according to Mr Thomas, who said that many of these groups were “definitely ready” to file lawsuits. Daniel Brockett, a partner at law firm Quinn Emanuel, also said he had spoken to several investors concerned about potential losses. “It is fair to say that economic work suggests there are certain days when [the five banks] are not only tipping their clients off, but also colluding with one another,” he said. Matt Johnson, head of distribution at ETF Securities, one of the largest providers of exchange traded products, said that if gold price collusion is proven, “investors in products with an expiry price based around the fixing could have been badly impacted”. Gregory Asciolla, a partner at Labaton Sucharow, a US law firm, added: “There are certainly good reasons for investors to be concerned. They are paying close attention to this and if the investigations go somewhere, it would not surprise me if there were lawsuits filed around the world.” All five banks declined to comment on the findings, which come amid growing regulatory scrutiny of gold and precious metal benchmarks. BaFin, the German regulator, has launched an investigation into gold-price manipulation and demanded documents from Deutsche Bank. The bank last month decided to end its role in gold and silver pricing. The UK’s Financial Conduct Authority is also examining how the price of gold and other precious metals is set as part of a wider probe into benchmark manipulation following findings of wrongdoing with respect to Libor and similar allegations with respect to the foreign exchange market. The US Commodity Futures Trading Commission has reportedly held private meetings to discuss gold manipulation, but declined to confirm or deny that an investigation was ongoing.
‘There’s Something Wrong At The FBI’: Maddow Urges Release Of Boston Bombing Autopsy Report Infowars.com February 26, 2014
Questions surrounding mysterious death of alleged Boston bomber acquaintance pile up Most people wouldn’t consider MSNBC host Rachel Maddow a conspiracy theorist. The liberal poster child and Rhodes scholar often belittles so-called “9/11 truthers,” people who think the Sandy Hook school shooting was a staged event and people who believe the government is stockpiling ammunition. However, there’s one pesky detail concerning the Boston Marathon bombing Maddow just can’t get her head around: the mysterious circumstances behind the death of 27-year-old Ibragim Todashev at the hands of the FBI during questioning, an incident that has all the makings of a government cover-up. In a segment last night discussing the ridiculousness of a report which found that every FBI shooting since 1993, about 150 of them, has been “deemed justified,” Maddow questioned if the agency investigating itself might not be such a good idea. “The fact is that no one else really reviews FBI shootings other than the FBI itself, other than this internal review board. They’re federal agents, right? Nobody prosecutes them for shooting people, nobody looks into their shootings except the FBI itself. And unless you believe in the ‘perfect angels’ theory of FBI agent bullets, you better believe there’s something wrong at the FBI. Even when games are rigged they don’t go 150 and 0. That’s not a real record. That’s not actually found in nature. Nobody is supposed to be above the law in this country, even the FBI, and there is something wrong, something obviously wrong with the way we are handling FBI shootings if every one ever reviewed in the last 20 years has been ruled ‘justified.’” Maddow also found it strange that the FBI blocked the release of Todashev’s autopsy report, and that
Todashev’s girlfriend and two friends were all “quickly deported or kept out of this country” after his death, people who could otherwise “conceivably talk about it or shed light on what happened.” Todashev’s death really bugs Maddow. Like most Americans, she’s reluctant to accept the government purposely murders innocent people then rushes to cover it up. Yet this is, and has always been, the standard modus operandi. Maddow Pushes New FBI Director To Release Report On The FBI Assassination Of Ibragim Todashev VIDEO BELOW http://www.youtube.com/watch?v=9ZYY2srcjj0 The MSNBC host hopes against all odds, however, that Obama’s recent appointee as head of FBI, James Comey, who she says has a reputation for “doing what’s right,” and Attorney General Eric Holder, whose notorious reputation precedes him, will release the full report on Todashev’s death. Is the liberal host off on a jag on this issue because she knows people are tuning out the lame-stream dinosaur media in droves? In 2013, MSNBC saw its ratings fall by nearly half, losing as many as 45 percent of its viewers. Have multiple segments on the subject been produced in a desperate attempt to ingratiate MSNBC to an information-hungry public and appear as though they actually question the government? If you can stomach it, here’s a few of Maddow’s past conspiratorial segments aiming to get to the bottom of the inexplicable FBI shooting. May 2013 Rachel Maddow Tries Her Best Not To Call FBI killing Of Ibragim Todashev A Conspiracy VIDEO BELOW http://www.youtube.com/watch?v=dxb1iOEnxbc July 2013 Maddow: Something's Very Rotten w/ FBI Tsarnaev-Todashev Boston Bombing-Linked "Investigation" VIDEO BELOW http://www.youtube.com/watch?v=jph02IOBxTk October 2013 Maddow Questions Fbi Execution Of Unarmed Man Ibragim Todashev And Their Actions Since VIDEO BELOW http://www.youtube.com/watch?v=P1IN0AKQYq8 Boston Marathon Bombing! We Didn't Do It! We Give Up! VIDEO BELOW http://www.youtube.com/watch?v=-m92LALKy0Q Tsarnaev Brothers: "We Didn't Do It!" During Shootout VIDEO BELOW http://www.youtube.com/watch?v=64zu41TfJEU
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