Pagination not displaying in custom loop

Hello,

The pagination is not appearing at all on my custom loop, however its placeholder appears to be there.

<?php get_header(); ?>
</div>

<div class="pagetitle">
<h1>Grime Forum Time Line</h1>
</div>

<?php if ( have_posts() ) : while ( have_posts() ): ?>
<div class="timelinewrap">

<?php
$paged = (get_query_var('paged')) ? get_query_var('paged') : 1;
$prev_date = null;
$posts = get_posts(array('orderby'=>'post_date','paged' => $paged,'showposts' => 60,'post_type' => array('post', 'audio', 'releases', 'videos', 'events', 'merchandise')));
foreach( $posts as $post ):
$date = date( "F Y" , strtotime( $post->post_date ) );
if( $date != $prev_date ): ?>

<h3><?php echo $date ?></h3>
<?php $prev_date = $date; endif; ?>

<?php the_post(); ?>

<div class="timelinepost">
<a href="<?php the_permalink(); ?>"><?php the_title(); ?></a>
</div>

<?php endforeach; ?>

<?php endwhile; endif; ?>

</div>

<div class="pagefooter">

 <?php wp_paginate() ?>
</div>

<div>
<?php get_footer(); ?>

Any ideas

http://wordpress.org/plugins/wp-paginate/