"You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out." - Andrew Jackson.
Eric King of King World News recently interviewed a London-based independent metals trader Andrew Maguire, who has come forward with very revealing information about metals manipulation and financial fraud, and Adrian Douglas, who sits on the board of directors of GATA. But this isn't just not any interview. Don't let the last name confuse you, Eric is not the son of Larry King, this is a hard-hitting, and earth-shattering interview. Both guests told King that wide-scale market manipulation, and a huge ponzi-fraud in the metals market is being ignored by regulators at the CFTC. Maguire, who is very likely risking his life by exposing this explosive information, describes what is going on as "financial terrorism," echoing what financial journalist Max Keiser has been saying for some time.
MUST LISTEN: Click here to listen to King's interview with Andrew Maguire and Adrian Douglas.
I'm not a financial expert, a criminal lawyer, or anybody who has any knowledge of financial markets. I am simply a concerned young citizen of the world, and my biggest hobby is disseminating information, in order to ensure that individuals are a little more informed before reading one of my articles. The type of criminal activity that is being described in the interview is beyond my understanding. My initial reaction was disbelief. And then that it quickly turned into anger. People are being cheated; America is being looted; and the criminal conspirators are still not held accountable for their actions? I am pissed off. And mad as hell!
Jesse of Jesse's Café Américain had the same reaction to this story as I did when I first read about it on the website Fire Dog Lake.
Jesse's Café Américain:
During the end of the interview, King asks Maguire and Douglas to describe the implications of this massive fraud and ongoing cover-up, and what type of punishment should the individuals involved receive. I've written a brief transcript of their exchange:
Eric King of King World News recently interviewed a London-based independent metals trader Andrew Maguire, who has come forward with very revealing information about metals manipulation and financial fraud, and Adrian Douglas, who sits on the board of directors of GATA. But this isn't just not any interview. Don't let the last name confuse you, Eric is not the son of Larry King, this is a hard-hitting, and earth-shattering interview. Both guests told King that wide-scale market manipulation, and a huge ponzi-fraud in the metals market is being ignored by regulators at the CFTC. Maguire, who is very likely risking his life by exposing this explosive information, describes what is going on as "financial terrorism," echoing what financial journalist Max Keiser has been saying for some time.
MUST LISTEN: Click here to listen to King's interview with Andrew Maguire and Adrian Douglas.
Jesse of Jesse's Café Américain had the same reaction to this story as I did when I first read about it on the website Fire Dog Lake.
Jesse's Café Américain:
"The Biggest Fraud in the World"If indeed what Andrew Maguire and Adrian Douglas are saying is true and factual, then this financial scandal makes what Bernie Madoff did look like cheating at cards in comparison. The compliant government regulators and the media blackout about this information is unforgivable. What is the rationale behind not covering this story? Is it because the entire house of cards may fall if what Maguire is saying is found to be true? What are the ultimate implications of this story?
I do not know what to think about this, except to just offer it up to you for your own information.
I am disappointed, however, that only the blogs, and almost no one in the mainstream media, have bothered to cover this story and to speak to the principals, and to either debunk them, support them, or even consider what they have to say.
This really is like the Harry Markopolos story, trying to get a hearing on the Madoff ponzi scheme, and being repeatedly ignored, intimidated, and discouraged in every way possible by the establishment, and even fearing for his life.
Even if this is a mistake, a hoax, some conspiracy, it deserves a proper hearing and an airing in the public. Ignoring it raises even more questions, and serious concerns about the integrity of the US markets. If instead of a proper airing there are only the smears, and disinformation, and the usual sly ad hominem attacks, or even worse, I will begin to believe that it is true.
During the end of the interview, King asks Maguire and Douglas to describe the implications of this massive fraud and ongoing cover-up, and what type of punishment should the individuals involved receive. I've written a brief transcript of their exchange:
Eric King: Gentlemen, let me ask you one other question here about this, what should be done with the people that were involved in this, meaning inside the bullion banks, inside the government, the people that have collaborated, that have conspired to do this. What should be done with them, and what is this in the end? Let me start with you, Adrian.
Adrian Douglas: Well, I think this is not just a question of committing fraud, it's a question of committing treason, because these people, for their own gains and their own agenda, have jeopardized the security of the United States.
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.Andrew Maguire: Well, it goes right back to what I believe was the first hidden bank bailout, when the Bank of England decided to announce they were going to sell four-hundred tons of gold into the marketplace. And what should be looked into, and I believe currently we have one newspaper over here looking into it because there's an election coming up, was that, that was actually a hidden bank bailout, because the banks at that time, certain banks at that time, were very short, and on the wrong side of gold. And I know that Adrian has done some work on that too, where they even uncovered emails from UBS the day before the Bank of England announcement, where they actually told their clients to go short, prior to any announcement. To me, I'd use a stronger word, I'd say this is financial terrorism.
Eric King: Now gentlemen, they're going to come back and basically say this was a matter of national security, and as the United States was being bankrupted by politicians who had acted irresponsibly, that from a national security level, they had to hold together the value of the dollar in the interest of the people and national security. How do you respond to that?
Adrian Douglas: Well, the issue is that they created the problem in manipulating markets to artificially keep the value of the dollar high, while they were increasing the money supply. So, that is where the crime was committed, in messing with the markets in the first place [. . ] At this stage, as things are falling apart, to invoke that they have to do things under the guise of national security is a complete sham, and I'd say its treason.
Eric King: Andrew Maguire, independent metals trader, a whisteblower exposing this fraud, out of London, at the center of this storm, Adrian Douglas from GATA, gentlemen, thank you for your bravery, and stepping forward and exposing this crime, and thank you for joining us on King World News.
Adrian Douglas: Thank you Eric.
Andrew Maguire: Thank you Eric.
Douglas also said that these individuals who are doing the manipulating in order to shore up the dollar, and who are involved in the cover-up, are going "behind the backs of Congress." He suggests that citizens should request details about the status of the United States' gold reserves through the Freedom of Information Act. But such a request will most likely be denied. Even if the majority of members of the US Congress demand to know the fully story, the President would probably veto any legislation concerning financial transparency. Obama is locked in with the big boys now. Last month, he threatened to veto the intelligence bill if regulations for congressional oversight of intelligence services weren't removed.
And such dictatorial behavior by the President is understandable. What government in the world would want to be exposed with its pants down? Why would crooks want to face justice? What is at stake is hefty profits and rigged markets. Madoff's swindle is child's play. The real financial heist implicates the highest standing individuals in the world's biggest banks, firms and government agencies. What is at stake is leadership of the world. Is it the dawn of a new world dictatorship, formed by an accountable elite, and with the United States at the helm, or will America's constitutional republic be restored to its former glory, and liberty along with it?
What we are facing is not new, but it is on a bigger scale than ever before in human history. Financial fraudsters and criminal banksters have always acted against the public interest. One of the main reasons that America's first revolution was fought was because the colonists desired economic independence from the greedy speculators in the Bank of England. Even George Washington and the rest of the Founding Fathers were cursed by the actions of private central banks, and corrupt swindlers and profiteers. Napoleon, too, kept an eye out for such illegal practices. In 1801 he said the following in a conversation:
Alexandria's Link.
And such dictatorial behavior by the President is understandable. What government in the world would want to be exposed with its pants down? Why would crooks want to face justice? What is at stake is hefty profits and rigged markets. Madoff's swindle is child's play. The real financial heist implicates the highest standing individuals in the world's biggest banks, firms and government agencies. What is at stake is leadership of the world. Is it the dawn of a new world dictatorship, formed by an accountable elite, and with the United States at the helm, or will America's constitutional republic be restored to its former glory, and liberty along with it?
What we are facing is not new, but it is on a bigger scale than ever before in human history. Financial fraudsters and criminal banksters have always acted against the public interest. One of the main reasons that America's first revolution was fought was because the colonists desired economic independence from the greedy speculators in the Bank of England. Even George Washington and the rest of the Founding Fathers were cursed by the actions of private central banks, and corrupt swindlers and profiteers. Napoleon, too, kept an eye out for such illegal practices. In 1801 he said the following in a conversation:
"Everybody invents facts, comments on facts, disfigures facts; everybody worms his way into the councils and cabinets of ministers, into the secrets of the courts; everybody pumps the ambassadors, disposes of war and peace, and stirs up and misleads public opinion, which is so eager for news and for lies, especially in France, that the more a man deceives it the more he is believed. And this scandalous influence is exerted not only by that crowd of adventurers known as speculators: even the stockbrokers, who are debarred from speculating on their own account, abuse their positions and make deals for their own profit. Often they act against the interests of those they call their clients. If for no other motive but the good of public morality, this abuse must be stopped; and there are many other motives. The rights of freedom cease where abuses begin." (The Mind of Napoleon, pg. 96).Will this story be picked up by the mainstream media? Time will tell. But know this, the abuses have only begun. Freedom is still on the rope. But thanks to the courage of Andrew Maguire, and the due diligence of Adrian Douglas, the fight for public liberty and free economic competition is not all lost. The truth is a powerful weapon, and no force in the world can stop it. The crooks and manipulators behind this massive fraud will face justice. They can't hide forever. Madoff was eventually caught, as a result of the work of another whistleblower, Harry Markopolos, and put in prison. Hopefully, he will soon have plenty of company.
Alexandria's Link.
