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I had forgotten about this (Blanchard vs Barrick) case

Posted by drb2 @ 13:10 on September 28, 2015  
for those skeptics requiring proof of PM manipulation
this reminder was posted by a reader of this latest UBS dustup
Bastiat's picture

The beans were spilled under oath in the Blanchard vs Barrick case many years ago:

Barrick Gold has confessed that it and its bullion banker,
JP Morgan Chase & Co., are the direct agents of the
central banks in the international control of the gold
price.

Barrick’s confession was filed in U.S. District Court in
New Orleans as part of a legal maneuver to gain dismissal
of the federal anti-trust lawsuit brought against it and
Morgan Chase by Blanchard & Co., the New Orleans-based
coin and bullion dealer.

Barrick moved to dismiss the
Blanchard lawsuit on the grounds that the suit had failed
to include as defendants some “indispensable parties” whose
vital interests are at stake, the central banks; that the
central banks, having what is called sovereign immunity
against suit, simply could not be included in the suit;
and that the suit therefore had to be dismissed.

Barrick’s confessional motion was dated February 28 and is headlined
“Memorandum in support of motion to dismiss for failure to join
indispensable parties”:

http://www.gata.org/files/BarrickConfessionMotionToDismiss.pdf

The judge foundoutrageous the concept that the complicity of the government would override the law. In retrospect: how quaint–she didn’t understand the brave new world.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.