LGL 0.86% $1.74 lynch group holdings limited

I'll be following this story with interest, if this "accident"...

  1. 1,971 Posts.
    I'll be following this story with interest, if this "accident" proves to have any connection to the gold price manipulation by the likes of JPMorgan, i'll be buying LGL shares with my ears pinned back, gold price off it's leash = $1400 US by end of June and $1600 end of year IMHO, and as for LGL shares, $3.50 to $5 range this year.

    CFTC whistleblower injured in London hit-and-run

    http://www.gata.org/node/8466

    Submitted by cpowell on Sat, 2010-03-27 22:39. Section: Daily Dispatches

    6:39p ET Saturday, March 27, 2010

    Dear Friend of GATA and Gold:

    London metals trader Andrew Maguire, who warned an investigator for the U.S. Commodity Futures Trading Commission in advance about a gold and silver market manipulation to be undertaken by traders for JPMorgan Chase in February and whose whistleblowing was publicized by GATA at Thursday's CFTC hearing on metals futures trading, was injured along with his wife the next day when their car was struck by a hit-and-run driver in the London area.

    According to GATA's contact with Maguire, board member Adrian Douglas, Maguire and his wife were admitted to a hospital overnight and released today and are expected to recover fully.

    Maguire told Douglas by telephone today that his car was struck by a car careening out of a side road. When a pedestrian who witnessed the crash tried to block the other driver's escape, the other driver accelerated at the pedestrian, causing him to jump out of the way to avoid being hit. The other driver's car then struck two other cars in escaping. But the other driver was caught by police after a chase in which police helicopters were summoned.

    We'll convey more information about the incident as it becomes available.

    CHRIS POWELL, Secretary/Treasurer
    Gold Anti-Trust Action Committee Inc.

    Time to go long gold ;-)
 
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