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*GRAND FRAUD OF EXCHANGE TRADED FUNDS; by Jim Willie


A spectacular fraud has been heaped upon the gold & silver investments. The same cartel members have executed it, led by JPMorgan and Barclays, but few in the precious metals community seem aware. It is unclear why the old veterans of the gold wars have been duped so thoroughly. This report attempts to provide an update with many details, certain hypotheses, and net effects of their initiative. So far, the evil cartel has succeeded in providing lazy PM investors more paper to chase. (*Jim Willie, GJ subscription required)

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