For the Goldbugs: Sept 12, 1919 @ 10:30 a.m., London

January 22, 2007

A Brief History of the Twice Daily London Fixed Price of Gold and Precious MetalsCourtesy of William Hanley (U.K. Market Eye) LONDON - The financial district known here simply as The City is a hotbed of the loyal Order of the Masons, who have a penchant for strange rituals. But Masonry has nothing to do with an odd little ceremony performed twice every day in an office at N.M. Rothschild & Sons Ltd.Five men talk on their phones for 10 minutes or so, and then lower tiny Union Jacks sitting on their desks. And that's it. The London gold fixings is complete. It takes place at 10:30 a.m. and 3 p.m., like clockwork. The same ceremony has been performed the same way, in the same place, and with mostly the same firms participating since the first gold fixing was enacted at Rothschild in St. Swithin's Lane on Friday, Sept.

12th, 1919.Anachronistic or not, it works to give the gold market a snapshot of the spot price of gold at a particular moment in time.When the five representatives met at Rothschild on that first Friday in 1919, gold was fixed at four pounds, 18 shillings and nine pence- about USD$ 7.50 in today's terms. The quoted currency was changed to USD$'s in 1968, but very little else has changed in the intervening 77 years.The participants at the first fixing were from Rothschild, which chaired the meeting and every subsequent one, Mocatta & Goldsmid, Pixley & Abell, Samuel Montagu & Co. and Sharps Wilkins. http://www.gold-eagle.com/gold_digest/baron907.html THE GRAND LBMA EXPOSÉ: A Collective-Mind Analysis Part - 1 The London

Bullion Marketing Association (LBMA) can only be adequately described as "a riddle wrapped in a mystery inside an enigma." It shyly emerged upon the news airwaves on January 30, 1997. Its appearance was almost as an after-thought, deceptively innocuous with few superlatives to distinguish it from the daily diarrhea of financial news spewing forth from the bowels of the world's money centers. Few readers took note of it... most gave it little import. To my knowledge it was an esoteric select few at the Kitco Gold Chat group, who really zeroed in on the draconian significance of the news. Was the news a bureaucratic slip of utmost discreet information - indeed top secret data - or was it a well-timed and methodically planned leak to the press. Or perhaps it was the "whistle-blowing" of an irate employee, who was passed over for promotion? Who really knows? In any case we will provide all the details surrounding this

monumental announcement... and allow the reader to draw his own conclusions. This writer will present the entire situation via a chronicle of all the news publications about the subject, providing dates sources and authors - where possible. Nearly all available information was researched from Internet sources. Most comments are verbatim from respective authors. Occasionally, this writer added comments of clarification and/or conclusions where the research leaves off.

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January 22, 2007

John:For some reason Feb 19, 1968, 9:40 AM gives better picture of the manipulation of the gold prices. See Rahu Ketu in malefic houses and on MEP's. I have been using 1968 chart for more than 10 years quite successfully.Unless someone proves that 1919 chart gives fluctuation of the gold prices I will continue to use 1968 chart.ThanksRaj ChadhaJohnTWB <blazingstar1776 wrote: A Brief

History of the Twice Daily London Fixed Price of Gold and Precious MetalsCourtesy of William Hanley (U.K. Market Eye) LONDON - The financial district known here simply as The City is a hotbed of the loyal Order of the Masons, who have a penchant for strange rituals. But Masonry has nothing to do with an odd little ceremony performed twice every day in an office at N.M. Rothschild & Sons Ltd.Five men talk on their phones for 10 minutes or so, and then lower tiny Union Jacks sitting on their desks. And that's it. The London gold fixings is complete. It takes place at 10:30 a.m. and 3 p.m., like clockwork. The same ceremony has been performed the same way, in the same place, and with mostly the same firms participating since the first gold fixing was enacted at Rothschild in St. Swithin's Lane on Friday, Sept. 12th, 1919.Anachronistic or not, it works to give the gold market a snapshot of the

spot price of gold at a particular moment in time.When the five representatives met at Rothschild on that first Friday in 1919, gold was fixed at four pounds, 18 shillings and nine pence- about USD$ 7.50 in today's terms. The quoted currency was changed to USD$'s in 1968, but very little else has changed in the intervening 77 years.The participants at the first fixing were from Rothschild, which chaired the meeting and every subsequent one, Mocatta & Goldsmid, Pixley & Abell, Samuel Montagu & Co. and Sharps Wilkins. http://www.gold-eagle.com/gold_digest/baron907.html THE GRAND LBMA EXPOSÉ: A Collective-Mind Analysis Part - 1 The London Bullion Marketing Association (LBMA) can only be adequately described

as "a riddle wrapped in a mystery inside an enigma." It shyly emerged upon the news airwaves on January 30, 1997. Its appearance was almost as an after-thought, deceptively innocuous with few superlatives to distinguish it from the daily diarrhea of financial news spewing forth from the bowels of the world's money centers. Few readers took note of it... most gave it little import. To my knowledge it was an esoteric select few at the Kitco Gold Chat group, who really zeroed in on the draconian significance of the news. Was the news a bureaucratic slip of utmost discreet information - indeed top secret data - or was it a well-timed and methodically planned leak to the press. Or perhaps it was the "whistle-blowing" of an irate employee, who was passed over for promotion? Who really knows? In any case we will provide all the details surrounding this monumental announcement... and allow the reader to draw his own

conclusions. This writer will present the entire situation via a chronicle of all the news publications about the subject, providing dates sources and authors - where possible. Nearly all available information was researched from Internet sources. Most comments are verbatim from respective authors. Occasionally, this writer added comments of clarification and/or conclusions where the research leaves off. Want to start your own business? Learn how on Small Business.

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January 23, 2007

Dear Raj Thanks for the rejoinder. If your point of view is a shared one, then there is one fact about these events, 1919 vis-a-vis 1968, which stands out: !! In 1968 the Gold-Fixing was repriced from GB Pounds Sterling to U.S. Dollars !! This change of national currency is significant,I strongly suspect. Comment please. Thanks, John Raj Cgadha <rkctech wrote: John:For some reason Feb 19, 1968, 9:40 AM gives better picture of the manipulation of the gold prices. See Rahu Ketu in malefic houses and on MEP's. I have been using 1968 chart for more than 10 years quite successfully.Unless someone proves that 1919 chart gives fluctuation of the gold prices I will continue to use 1968 chart.ThanksRaj ChadhaJohnTWB <blazingstar1776 > wrote: A Brief History of the Twice Daily London Fixed Price of Gold and Precious MetalsCourtesy of William Hanley (U.K. Market Eye) LONDON - The financial district known

here simply as The City is a hotbed of the loyal Order of the Masons, who have a penchant for strange rituals. But Masonry has nothing to do with an odd little ceremony performed twice every day in an office at N.M. Rothschild & Sons Ltd.Five men talk on their phones for 10 minutes or so, and then lower tiny Union Jacks sitting on their desks. And that's it. The London gold fixings is complete. It takes place at 10:30 a.m. and 3 p.m., like clockwork. The same ceremony has been performed the same way, in the same place, and with mostly the same firms participating since the first gold fixing was enacted at Rothschild in St. Swithin's Lane on Friday, Sept. 12th, 1919.Anachronistic or not, it works to give the gold market a snapshot of the spot price of gold at a particular moment in time.When the five representatives met at Rothschild on that first Friday in 1919, gold was fixed at four pounds, 18 shillings and nine pence- about USD$

7.50 in today's terms. The quoted currency was changed to USD$'s in 1968, but very little else has changed in the intervening 77 years.The participants at the first fixing were from Rothschild, which chaired the meeting and every subsequent one, Mocatta & Goldsmid, Pixley & Abell, Samuel Montagu & Co. and Sharps Wilkins. http://www.gold-eagle.com/gold_digest/baron907.html THE GRAND LBMA EXPOSÉ: A Collective-Mind Analysis Part - 1 The London Bullion Marketing Association (LBMA) can only be adequately described as "a riddle wrapped in a mystery inside an enigma." It shyly emerged upon the news airwaves on January 30, 1997. Its appearance was almost as an after-thought, deceptively

innocuous with few superlatives to distinguish it from the daily diarrhea of financial news spewing forth from the bowels of the world's money centers. Few readers took note of it... most gave it little import. To my knowledge it was an esoteric select few at the Kitco Gold Chat group, who really zeroed in on the draconian significance of the news. Was the news a bureaucratic slip of utmost discreet information - indeed top secret data - or was it a well-timed and methodically planned leak to the press. Or perhaps it was the "whistle-blowing" of an irate employee, who was passed over for promotion? Who really knows? In any case we will provide all the details surrounding this monumental announcement... and allow the reader to draw his own conclusions. This writer will present the entire situation via a chronicle of all the news publications about the subject, providing dates sources and authors - where possible. Nearly

all available information was researched from Internet sources. Most comments are verbatim from respective authors. Occasionally, this writer added comments of clarification and/or conclusions where the research leaves off. Want to start your own business? Learn how on Small Business. Cheap Talk? Check out Messenger's low PC-to-Phone call rates.

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