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London Metals-Fraud Revealed !

July 31, 2013 by mosesman

banksters_n_government_public_serpents

  • London Metals-Fraud Revealed!
    by http://www.bullionbullscanada.com/ 
    Approximately a month ago, the Corporate Media began leaking bits-and-pieces of information about “warehouse problems” involving the London metals-cabal: comprised of the LME (London Metal Exchange) and the LBMA (London Bullion Market Association). Being a close follower of this propaganda machine, I was well aware that such leaking was always the first step by these media Drones to explain/cover-up yet more financial crime being perpetrated by the One Bank.
    –
    In hearing of these massive, preposterous delays to “ship” metal which had already been purchased, my assumption was that the real story here must involve precious metals. Gold and silver are the only metals markets where supplies are tight, thus the rational conclusion was that these were the metals at the root of these “shipping delays”, and I wrote a commentary based on that hypothesis.
    –
    I considered another possibility: that these “delays” had nothing to do with inventories (or metals supplies) at all, but rather was simply some crude “shake-down” operation being perpetrated against metals buyers (in general). I rejected that possibility because it represented such blatant gangster racketeering that I assumed that even the One Bank would not attempt to perpetrate such brazen crime.
    –
    However, as noted with a crude colloquialism, there are obvious, intellectual perils when one “assumes”. In hindsight (as further information has emerged) it is clear that my original assumptions were incorrect. This is clearly a problem with shipping base metals – not precious metals. And it is clearly gangster racketeering, at its worst.
    –
    The liars in the Corporate Media originally told us merely that the delays “could exceed 100 days”,  and that such delays were restricted to a few, isolated examples. However, with it being impossible to cover-up crime of this magnitude, further facts have come out, and the Truth has begun to emerge.
    –
    In fact, some metals-buyers are experiencing “delays” in receiving the metals they purchased of well over one year, and some large buyers are simply refusing to deal with the more notorious Crime Warehouses:
    –
    …Before Goldman [Sachs] bought Metro International three years ago, warehouse customers used to wait an average of six weeks for their purchases to be located, retrieved by forklift and delivered to factories. But now that Goldman owns the company, the wait has grown more than 20-fold – to more than 16 months, according to industry records.
    –
    Longer waits might be written off as an aggravation, but they also make aluminum more expensive nearly everywhere in the country because of the arcane formula used to determine the cost of the metal on the spot market. The delays are so acute that Coca-Cola and many other manufactures avoid buying aluminum stored here. Nonetheless, they still pay the higher price. [emphasis mine]
    –
    And lest any Skeptics attempt to write this off as just the inefficiency of “bankers” trying to be warehouse operators; the facts make the criminal intent of this fraud unequivocal:
    –
    read more!

end

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