Goldman’s Stooge

By MICHAEL GRAY Let’s put the fraud charges against Goldman Sachs and its employee, Fabrice Tourre, in perspective. Because unlike Fabrice, I think it stinks. Mr. Tourre is a trader and vice president in London for the bank. He is one of many hundreds of vice presidents sitting in cubicles around the world for Goldman […]

Gold & Silver price manipulation

By MICHAEL GRAY There is no silver lining in the alleged fraudulent actions that JPMorgan Chase and HSBC are doing in the precious metals market both here and in London, according to a 40-year veteran on the metal pits. The two prime-dealer banks, which do the Federal Reserve‚Äôs bidding in the metals pits have long […]