Showing posts with label gold price. Show all posts
Showing posts with label gold price. Show all posts

Wednesday, September 13, 2017

BIS official: Central banks cooperate to influence gold price

This removes all doubt that central bankers and their bullion bank agents conspire to suppress the price of gold and manipulate foreign currencies.

http://www.gata.org/node/4279

Sunday, September 3, 2017

Gold price suppression -- why, how, and how long

This is the seminal and definitive dissertation on the surreptitious gold suppression scheme.

http://www.gata.org/node/13644

Wednesday, August 16, 2017

Gold Price: USD 65,000/oz in 5 years?

I laugh when people tell me a return to a gold standard is impossible because, in their own words, "there is not enough gold." They should listen to themselves. What does scarcity imply? There is always enough gold to back a currency. The only question then becomes at what price? The money-printing madness will come to a terminal end at some point. And it won't be pretty.

The same people also laughed when Bitcoin advocates were touting Bitcoin's virtues when it was ten cents.  Now that it's $3400, the critics aren't laughing anymore.  And guess what?  Gold is a safer haven than cryptocurrencies will ever be.  Ask anybody who's been hacked or had their Bitcoin stolen, or when a Bitcoin exchanged collapsed.  Two wrongs don't make a right.

https://www.bullionstar.com/blogs/bullionstar/gold-price-usd-65000oz-in-5-years-2/

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.

https://smallcappower.com/videos/videos-top-stories/gold-price-manipulation/

Sunday, July 20, 2014

CME looks to bid for London gold price solution, after claiming silver

The London fix of gold and silver prices may be nearing its end, but with the CME Group taking over exchange prices, expect gold and silver prices to continue to be manipulated by the paper shorts.  That too, will end.

http://www.platts.com/latest-news/metals/london/cme-looks-to-bid-for-london-gold-price-solution-26836103

Saturday, February 1, 2014

The Gold Price Reset Will Stun The World In 2014

I've always posited a default in COMEX precious metals futures contracts is a question of when, not if...That time will come--and sooner than expected as physical inventories are rapidly dissipating, thanks to price suppression in the paper markets.

Vaults in London and New York have been emptied, while gold bars have been re-smeltered in Switzerland for delivery to the eastern countries.  The gold ending up in China, India, Russia, and other Asian countries will never see the light of day, as buyers range from central bankers to common peasants with long-term horizons, not day traders with itchy fingers.  Meanwhile, Wall Street and London bullion banks enable the bankruptcy of their respective countries.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/29_The_Gold_Price_Reset_Will_Stun_The_World_In_2014.html

Saturday, August 10, 2013

Gold Price vs. Chinese Gross Domestic Savings

There is a high correlation (0.97) between Chinese savings and the price of gold.  In other words, the more the Chinese public saves, the more they buy gold--and the higher the price of gold.

Click on Image to Enlarge

Wednesday, July 24, 2013

Backwardation, negative GOFO and the gold price

I learned about GOFO and backwardation in 2008, prompting methodical purchasing of precious metals.  When the person in the street knows about backwardation, prices will be much higher.

http://therealasset.co.uk/backwardation-gofo-gold/