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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: Proud Deplorable	9/7/2006 1:57:49 AM
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Barrick Gold, JP Morgan Chase Sued for Gold Fraud by BLANCHARD & CO. NEW ORLEANS, La. -- An anti-trust lawsuit filed today accuses Barrick Gold Corp., Toronto, and J.P. Morgan Chase & Co., New York City, of "unlawfully combining to actively manipulate the price of gold" and making (US)$2 billion in short-selling profits by suppressing the price of gold at the expense of individual investors. The suit was filed by Blanchard and Co. Inc. of New Orleans, the largest retail dealer in physical gold in the United States, and by Blanchard clients who bought gold bullion. Blanchard (www.blanchardonline.com) is paying the costs of the suit, which asks the federal court to terminate the trading agreements between Barrick and J.P. Morgan Chase and other, as yet unnamed bullion banks. Blanchard believes its clients have suffered substantial losses as a result of Barrick's and J.P. Morgan Chase's unlawful price manipulation, anti-trust violations and unfair trade practices. "Since the end of 1987, when the collaboration between Barrick and J.

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