Central banks manipulating & suppressing gold prices – industry expert to RT

https://www.rt.com/business/421618-central-banks-manipulating-suppressing-gold/

Manipulating the Consumer Price Index: Hedonic Quality Adjustments

Hedonics explained:

http://priceillusion.wordpress.com/2014/11/04/manipulating-the-consumer-price-index-hedonic-quality-adjustments/

Barclays Fined For Manipulating Price Of Gold For A Decade; Sending "Bursts" Of Sell Orders

Anybody still think I'm a conspiracy theorist?  Of course, the illegal price suppression will continue as the big players are still in the game.  Governments won't prosecute themselves.  Anybody have anymore tin foil hats?

http://www.zerohedge.com/news/2014-05-23/barclays-fined-manipulating-price-gold-decade-sending-bursts-sell-orders

It would appear that Plunkett is indeed nothing more than another instance of "Kerviel" or "Tourre" - an irrelevant mid-level trader thrown at the wolves of public consumption just so the attention can be redirected from the real manipulation elsewhere, and much higher up.

This is hardly surprising, as we noted three days ago when we wrote about the Barclays head gold trader termination:

"Bottom line: just like the Silver Fixing which last week announced its winddown, the days of the 117-year-old Gold fix are numbered. But to preserve continuity of riggedness and manipulation, perhaps they can just outsource their job duties to the biggest manipulators of all: Bank of England, the Fed and, of course, the BIS."

So yes: it is now a fact that gold is manipulated by various commercial banks, and that those gold "raids" one sees every morning usually around the time of the London fix aren't accidental at all but are entirely designed to reprice the market, but how deeper does the rabbit hole go?

[FCA Director Tracy] McDermott added: “Firms should be in no doubt that the spotlight will remain on wholesale conduct and we will hold them to account if they fail to meet our standards.”

Alas, this is a lie - by handing Plunkett to the public on a silver platter, it simply means that the far bigger and more important players in the gold manipulation market - stretching all the way to central bank and, of course, bank of central bank level, will simply be allowed to continue business "as usual."

So for those who want the real people behind the real manipulation before they all scatter into the dust, we urge you to reread "From Rothschild To Koch Industries: Meet The People Who "Fix" The Price Of Gold." Because the gold manipulation rabbit hole goes far, far deeper than just one single, solitary trader...

JP Morgan Accused Of Manipulating US Energy Markets Using 8 Different Trading Strategies

Those of us from the lunatic fringe blogosphere who alleged that Blythe Masters was at the vortex of precious metals price manipulation were labeled "conspiracy theorists" several years ago.

Here is proof, as I did a quick search for "Blythe Masters" in this blog alone, and a plethora of blog entries came up.  Take a look:  http://gregnguyen.blogspot.com/search?q=blythe+masters

The status quo apologists consistently denied that JPMorgan was manipulating markets.  "No, they are merely making markets and providing much-need liquidity" was the canned response from the talking heads on financial TV.

The smoking gun was the $6 billion loss from JPMorgan's London Whale trader.  It was a big "oops" for CEO Jamie Dimon and Masters, who heads their commodities trading desk, because they had just testified that they were flat, and did not take big directional bets on their proprietary trades.

A year later, JPMorgan is being investigated for manipulating the energy markets, Enron-style.  But hey, the gold and silver markets are so much smaller, so it's impossible for them to manipulate those markets also, right?  I mean, JPMorgan happens to be the custodian for SLV, the silver ETF trust.  It's a classic case of the wolf guarding the hen house.  Surely, Blythe's hands are clean.

After all, she does take credit for creating that wonderful financial instrument which would have plundered the financial world back to the stone age had taxpayers not bailed banks out--the credit default swap. 

“The greatest trick the devil ever played was convincing the world that he did not exist.”

― Charles Baudelaire

Maybe, that he was a she.

http://www.businessinsider.com.au/jpm-accused-of-energy-market-manipulation-2013-7 

By the way, notice this article was printed in Australia.  Apparently, JPMorgan and the banking cartel are off-limits for the US media.

JP Morgan Is Reportedly Getting Ready To Settle For $1 Billion For Manipulating Energy Markets

Blythe Masters are her cronies are at it again.

http://au.businessinsider.com/jpms-1-billion-settlement-2013-7

Champions of Dishonesty

http://dailyreckoning.com/champions-of-dishonesty/

“The Fed is manipulating so many markets at once that it has become tougher to identify a genuine free-market price in the financial markets than to identify a genuine female in a Bangkok bar… I don’t want to play in markets like this.”