Gold Class Action - Redress Your Losses

[keldaw]

Jim , I don't think you were singled out , it is just general conversation we are talking about , and if you look at the topics mentioned , then you can see a lot of other post about other things have dropped well off to what used to be , it is just that new members don't talk to much because they are scared of embarrassing them self's , thinking that they would feel like fools for asking such a silly questions ,. because most of the post now are about high class coins , I for one went through it when I became a member and I think a lot of the other members felt the same way , like going to a new job , first day start of a new job people are very shy , same on here first post , hard to do it , this is all about getting new members to speak up and writing out a post with , and not thinking that it is only a forum for the rich and famous , like the movies ..  ,, kel ,,

[runway]

It's all good trout and keldaw ....we all love your contributions and without opinions this would be a very boring site
Take it easy

[Chuckey]

The news is I have been advised that unfortunately this class action is only for trading which occurred on US soil.
Rather strange considering the alleged manipulation took place in the UK. but here is the explanation from Berger Montague;

"The London gold fix is not a market.  It is merely a benchmark price.  The United States Supreme Court has held that we are limited to suing over injuries that occurred in United States.  This is based on the fact that if injury occurred outside of the United States then it is best left to courts outside the United States to deal with.  Of course there are exceptions to that general rule, but here we are limited to suing over injury to United States investments caused by the London gold fix benchmark being manipulated.  If your injuries were to investments based in Australia then you are left to seek redress in Australia's courts."