Thursday, January 1, 2009

Government Sanctioned Theft

ource: GoldSeek.com 

By: Rob Kirby

The Office of the Comptroller of the Currency just released its Q3/08 Quarterly Derivatives Fact Sheet today.  Here is one of the highlights:

 

Take a look at J.P. Morgan’s gold derivatives [futures] position, paying particular attention to how the <>

 

 

source: Office of the Comptroller of The Currency pg. 30

 

source: Office of the Comptroller of the Currency pg. 31

 

And here’s what J.P. Morgan’s 15 billion “addition” to their <>

 

        

 

That such a blatantly egregious act can be committed by the chief agent of the Federal Reserve, with what appears to be the complicity of regulators is a heinous pox on humanity.

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