Sunday, May 28, 2017

We’ve Uncovered Patterns of Gold Price Manipulation: Rosa Abrantes-Metz

I agree with this interviewee that gold and silver markets are being illegally manipulated, like FOREX and the LIBOR, and that the precious metals sector is easier to manipulate as they are less liquid and smaller relative to other financial markets.

But what is disappointing is that she presumes regulators could somehow monitor and enforce markets better.  Yes, they can certainly improve in those areas, but what she doesn't account for is that the government regulators are captured by the very banks they are supposed to regulate.  In other words, instead of enforcing securities laws, the regulators are enabling the miscreant bankers.

Like the credit ratings agencies who were coerced by the banks into giving toxic securities a safe AAA rating, the regulators are not only complicit in the surreptitious capping of precious metals futures prices, they are part of the fraud.

You Can Look Stupid Now or Look Stupid Later-Chris Martenson

Friday, May 26, 2017

The Golden Conspiracy

Shari’ah-Compliant Crypto Gold: Could Islam Be Preparing for a New World Reserve Currency?

The world of fiat, crypto- and hard currencies is becoming increasingly surreal.  What is money?  And what is sound money?  The answers to these fundamental questions are becoming esoteric.

There is also an underlying sinister theme to these questions.  Hussein was reportedly killed due to his preference for receiving oil payments in Euros in lieu of the dollar.  Gaddaffi met the safe fate because he wanted to create a gold-backed dinar for African countries.  In other words, sovereign leaders were being eliminated for suggesting an alternative to the petrodollar, the global reserve currency.

This inevitable shift away from dollar hegemony appears to be accelerating, with China and Russia leading from the front.

Spot What’s Missing – Investing Wisdoms

Saturday, May 20, 2017

HKEX Announces Plan for Physically Settled CNH and US$ Gold Futures

This is a game-changer.  Similar to the Shanghai Gold Exchange, HKEX is creating a platform for which physical gold can be traded in CNH (offshore Chinese Renminbi) and US$ (US Dollar).  This will create an arbitrage opportunity for the lower-priced paper gold COMEX futures contracts and the higher premiums for physical gold in the Far East.  This will eventually doom the COMEX and the London gold cartel, which deals mostly with virtual (i.e. fake), paper gold.

And unlike the SGE, which can only be traded in mainland China, the HKEX exchange will enable global investors to participate.

The Fallacy of Demonizing Russia

Silver Price…Expecting The Unexpected

Silver: Train Leaving Station Soon!

New York Fed Buys Building Housing Plunge Protection Team

An oldie but goodie on the Plunge Protection Team.

Saturday, May 13, 2017

ALERT: Commercials Cover All-Time Record Number Of Silver Short Positions! Also Covering Gold Shorts!

Gold, and especially silver (since the silver market is much smaller, and therefore more easily manipulated surreptitiously by the miscreant bullion banks) have been hammered for the last 3 weeks.  This has been obviously explained with the record number of (synthetic) short positions by the "commercials" created out of thin air (see fractional reserve banking, and paper vs. physical leverage or rehypothecation), thereby spooking the speculative longs (hedge funds) out of their money-losing positions.  The so-called "smart money" ("hedgies") are being consistently stopped out of their trades, and certainly aren't living up to their namesake.

In any case, those massive short positions have now been covered by the commercials in another episode of a "wash and rinse" cycle.  This bodes well for a recovery in silver (and gold) prices, even if the speculative longs are being carried out in a body bag.  I apologize for the many parenthetical sentences, but I put the burden on the readers to perform their own due diligence.  If you don't understand something which may be important, take ownership and research it.

In a nutshell, ignore the noise of the constantly fluctuating published (paper) prices of gold and silver.  They are being driven by an artificially suppressed market of non-existent (virtual) inventory.  Just buy physical precious metals when price dips present themselves and consider them gifts at firesale liquidation prices.  Stop trying to trade (and time the markets).  Trying to outsmart manipulated markets is a futile exercise.  You're overthinking it.  Buy the f***ing dips (BTFD) and forget about it.  You will thank yourself later if (and when) the $hit hits the fan.  Because the world is one big unicorn, right?

It’s time to become your own banker. Here’s how–

Wednesday, May 10, 2017

Connecticut State Capital Prepares For Bankruptcy Amid Collapse In Hedge Fund Revenue

It's not just the manufacturing rust belt states (e.g., Michigan, Illinois) which are being hollowed  out by a collapse in the economy.  Apparently the monied class in hedge fund hypocenters such as Connecticut are also struggling with bankruptcy.

Friday, May 5, 2017

The Horror! The Horror! (Part 2)

The masses have been played once again, irrespective of party affiliation.  We are all chumps.
Empires always decline and fall due to military overreach and economic bankruptcy. The American empire will be no different.

ALERT: Commercials Just Covered Massive Number Of Silver Short Positions!

With the record amount of silver short positions in the COMEX 3 weeks ago, silver was due for a waterfall decline, which materialized.  It looks like many of those shorts covered, which means the bottom is probably in.

Note:  one of these days, those huge short positions will be caught in the wrong direction, and a massive short squeeze will take these shorts out on a stretcher.  Until that day, the miscreants will continue to manipulate the silver pits.

Thursday, May 4, 2017


Catching a falling knife is sometimes a dangerous game.  But sometimes it's the only play.

"The time to buy is when there's blood in the streets." - Baron Rothschild

I'm seeing the white in people's eyes.

Trump is exactly where the elites want him

The real reasons why Trump has flipped on his campaign promises

ALERT: 44-Year Market Veteran Says Panic Selling Now Taking Place In Gold & Silver Markets!
Using all of this panic selling as a contrary indicator, the reality is that we are putting in a major bottom in gold and silver.  This does not mean that prices can’t drift lower from here, but it does mean that a significant bottom is close at hand.  Investors who are buying physical gold and silver at these levels will be incredibly well rewarded over the long-term.  When you can buy gold and silver at the same prices that a dealer would normally pay, that’s when you should buy and hold.  Who was it that said, ‘You should be buying when there is blood in the streets?’  Isn’t this bloody enough?  We haven’t seen this type of pain in decades.