GATA (Gold Anti Trust Action Committee : http://www.gata.org/ ) has brought about a story revealing that the CFTC (Commodity Futures Trading Commission : http://www.cftc.gov/) was warned in advance that a massive market manipulation in metals was underway.  The interview contends that 1 ounce of gold exists for every 100 ounces actually sold.

Here is the interview:

Interview courtesy of: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/31_GATA.html

Excerpt from kingworldnews.com :

In this interview with GATA we continue the saga after just having interviewed Andrew Maguire, the whistleblower out of London. This gives a short and long-term view down the rabbit hole through the eyes of 3 of the GATA board members.  GATA was so heavily involved not only in breaking the news at the CFTC meeting about the the metals manipulation but also at the same time quite possibly uncovering the largest fraud in history. The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. The committee arose from essays by Bill Murphy, a financial commentator, and by Chris Powell, a newspaper editor in Connecticut, published at Murphy’s Internet site, lemetropolecafe.com.  In this GATA Roundtable we will have Bill Murphy, Chris Powell and Adrian Douglas.