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Canada's Only Bullion Bank Gold Vault Is Practically Empty

Continuing on the trail of exposing what is rapidly becoming one of the largest frauds in commodity markets history is the most recent interview by Eric King with GATA's Adrian Douglas, Harvey Orgen (who recently testified before the CFTC hearing) and his son, Lenny, in which the two discuss their visit to the only bullion bank vault in Canada, that of ScotiaMocatta, located at 40 King Street West in Toronto, and find the vault is practically empty. This is a relevant segue to a class action lawsuit filed against Morgan Stanley, which was settled out of court, in which it was alleged that Morgan Stanley told clients it was selling them precious metals that they would own in full and that the company would store, yet even despite charging storage fees was not in actual possession of the bullion. It appears that this kind of lack of physical holdings by all who claim to have gold in storag

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Added: Apr-7-2010 Occurred On: Apr-8-2010
By: FRUITUS_CUPCAKE
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Tags: no, gold, pot, at, the, end, of, the, rainbow
Views: 9351 | Comments: 16 | Votes: 2 | Favorites: 3 | Shared: 0 | Updates: 0 | Times used in channels: 1
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