Can you just imagine the heat that is on the boys now???? How much longer can they keep the charade going? How much longer can thr JPMs be fraudulently suppressed in the face of such public exposrue??? The jig is up!

From GATA:

*Just in: Morgan, HSBC sued over silver price suppression

Submitted by cpowell on Wed, 2010-10-27 23:29. Section: Daily Dispatches

By Jonathan Stempel
Reuters
Wednesday, October 27, 2010

"Defendants reaped hundreds of millions of dollars if not billions of dollars in profits" from the conspiracy, one of the complaints said.

Hyperinflation is certain, John Embry tells King World News

Submitted by cpowell on Wed, 2010-10-27 20:28. Section: Daily Dispatches

3:25p CT Wednesday, October 27, 2010

Dear Friend of GATA and Gold:

Interviewed today by Eric King of King World News, Sprott Asset Management's chief investment strategist, John Embry, says he's certain that hyperinflation is coming as the U.S. dollar collapses against hard assets. Excerpts from the interview are posted at the King World News Internet site here:

>http://tinyurl.com/247t7um

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

Fun has only just begun for gold equities: Sprott

Darcy Keith, Globe and Mail October 27, 2010

Sprott Asset Management is out Wednesday with another rosy view of the gold market, maintaining that “the fun has only just begun,” especially when it comes to equities…

Despite a 35-per-cent increase in the price of gold since March, 2008, the HUI is still trading close to the same level as when gold was barely over $1,000 (U.S.)…

Sprott points out that any increase in the price of gold above a producer’s total cost per ounce significantly increases a company’s net income in percentage terms. …

“We don’t believe current gold equity valuations reflect this potential margin increase at all, but they soon will. A re-rating is just around the corner,” said Sprott.

To boot, Sprott said HUI’s recent relative underperformance to gold is not in line with historical trends, and HUI technicals are also signaling a bullish uptrend.

Upside: Sprott suggests producers’ stock prices over the next two quarters will be catching up to the gains seen in the bullion market, “as investors realize how much stronger gold producers’ earnings will be at $1,350 gold.”

Midas tonight:

Obviously the big story and precious metals mover yesterday was Commissioner Bart Chilton’s silver market manipulation comments at the CFTC public hearing…

“CFTC scans JP Morgan's silver trading business: report

Wed Oct 27, 2010 2:13am EDT

(Reuters) - The U.S. commodity futures regulator is looking into claims by a trader in London that JPMorgan Chase & Co (JPM.N) was involved in manipulative silver trading, the Wall Street Journal reported, citing a person close to the situation.”

Stay tuned for some more barnburner bombshells, one that will surface any day now.

Rumblings about silver manipulation continue. See

http://in.reuters.com/article/idINSGE69Q07820101027

China trade minister says excess printing of US dollars causing inflation shock

SHANGHAI (AP) -- Out-of-control printing of the U.S. dollar is forcing inflation on China, pushing up prices for commodities and labor, trade minister Chen Deming says in an escalation of rhetoric over currency and other tensions ahead of key international meetings.