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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (22773)11/9/1998 7:48:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116756
 
<< others have seen it - the manipulation of gold prices >>

The Rothschilds, LBMA, and Gold

gwb.com.au

<< To this day, N.M. Rothschild & Sons of London still lists as its primary business the selling and buying of treasuries and gold bullion. N.M. Rothschild helps fix the price of gold in London each day through the LBMA. A recent London Times articles explained that the gold price fix ceremony where five men (including a Rothschild) talk on their phones for 10 minutes, then lower tiny Union Jacks sitting on their desks, thereby fixing London's gold price each day. This ceremony takes place at 10:30 a.m. and 3 p.m., like clockwork, the same way, in the same place, and with mostly the same firms participating since the first gold fixing was enacted at Rothschild in St. Swithin's Lane on Friday Sept. 12, 1919. The company's name is also associated with many gold mining companies (e.g. Trillion Resources Ltd. and other Canadian mining companies). >>

Hi Richard,

Your post reminded me of this Nov 97 article ... It is wise to remember that we are all investing in a commodity whose price is set twice a day by 5 shady men in a dark room in London.

< ggg >

John