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Metals Manipulation, Machinations, and Assassinations

04-23-2010 • DailyReckoning.com

It has since emerged that the London Bullion Market trades on 100 to 1 leverage, meaning that for every ounce of real gold, there are 100 ounces of paper gold being traded. If, or when, people try to take delivery, there could be a dramatic shortage, leading to a huge spike in the gold price. Some have estimated the size of the fraud to number in the trillions.

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