How A Criminal Syndicate Of Banks Is Raping The Gold Market

Posted on May 15, 2013 by RonMamita — 5 Comments

Gold-rigging banks are looting GLD and selling to Asia, fund manager Kaye says

Tuesday, May 14, 2013

The same banks that rigged the LIBOR interest rate are rigging the gold market and looting the exchange-traded fund GLD, moving the fund’s gold out of London to Asia at a carefully arbitraged profit, fund manager William Kaye tells King World News tonight. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/15_How_A_Criminal_Syndicate_Of_Banks_Is_Raping_The_Gold_Market.html

“Today one of the most well connected hedge fund managers in the world told King World News that a criminal syndicate of banks is raping the gold market with the cooperation of the US Federal Reserve. Outspoken Hong Kong hedge fund manager William Kaye also spoke with King World News about exactly how this is being done and who is profiting. Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say in part III of an extraordinary written interview series:
…Who can deal for gold with this exchange traded product? Who can deal with the Trustee? Only ‘bankster’ banks. 15 bankster banks deal with Bank of New York Mellon who is the Trustee (of GLD), and negotiate the price based off of the London fixing, which is (also priced by) 5 bankster banks, the same crime family….”

Read full report:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/15_How_A_Criminal_Syndicate_Of_Banks_Is_Raping_The_Gold_Market.html
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