jim willie minces no words (as usual) in his latest article:

Wall Street has been given a free ride, a blank check, a certificate of impunity, to rig markets for their own gain, to pull credit from client accounts for their own gain, to do whatever they can to force liquidation of positions, to basically rape & pillage private accounts. The fraud has been protected by regulators at the Securities & Exchange Commission and the Commodity Futures Trading Commission, each staffed by Wall Street mafiosi. They are taking full benefit of the granted OPEN WINDOW TO STEAL, pulling gold below 750 and pulling silver below 11.

The total split, the bifurcation described last week, has become even more laughable, stark, and obvious of Wall Street corruption of the precious metals market. The gold & silver owned (on paper) by folks has been taken. Since through corruption of the precious metals market, where supply is largely unavailable, call it theft, robbery, larceny. Call a spade a spade! Wall Street loves an investor panic. Do not give it to them.

While all eyes are on Lehman, the big failure is likely to be Merrill Lynch. Both firms have failed to find idiots in SKorea to bail them out. The discovery phase was way too ugly, and they were too smart. Next the banksters from New York will turn to severe accounting distortions, sleight of hand, and other devious deceptions. The Lehman quarterly report was the biggest disaster imaginable, even though it was loaded with garbage methodology laced with hokus pokus.

The last resort is liquidation, the dread by Wall Street banksters, since one failure could easily result in another rapidly. A liquidation fire sale of Lehman assets lies directly ahead, a huge threat to the congame. The Wall Street firms, since the Bear Stearns kill job, are all aligned in similar fashion, long US$, long USTBonds, short gold, short silver. A liquidation would force a big move in the reverse direction.

http://news.goldseek.com/GoldenJacka...