Showing posts with label media. Show all posts
Showing posts with label media. Show all posts
Thursday, June 17, 2021
Wednesday, February 25, 2015
Saturday, December 6, 2014
Bankers, Media, Governments & Anti-Gold Propaganda
Pento destroys Citi's Buiter's "analysis" on gold.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/12/6_Bankers,_Media,_Governments_%26_Anti-Gold_Propaganda.html
Speaking of bubbles, here's the price chart for Citi shares.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/12/6_Bankers,_Media,_Governments_%26_Anti-Gold_Propaganda.html
Speaking of bubbles, here's the price chart for Citi shares.
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Labels:
anti-gold propaganda,
bankers,
governments,
media,
Willem Buiter
Thursday, January 2, 2014
Monday, September 2, 2013
Kerry's cosy dinner with Syria's 'Hitler': Secretary of State and the man he likened to German dictator are pictured dining with their wives at Damascus restaurant before civil war broke out
http://www.dailymail.co.uk/news/article-2408805/Kerrys-cosy-dinner-Syrias-Hitler-Secretary-State-man-likened-German-dictator-pictured-dining-wives-Damascus-restaurant-civil-war-broke-out.html
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Labels:
2009,
Bashar Assad,
Dined,
John Kerry,
media,
Secretary of State,
Syria's Hitler
Saturday, June 1, 2013
Monday, August 15, 2011
Monday, March 7, 2011
Wednesday, September 29, 2010
Friday, February 5, 2010
COMEX and LBMA default?
Thanks to Dick for another gem.
Could a default, or "failure to deliver" in the COMEX or London Bullion Market Association be imminent? It probably has occurred already. There is a widening gap between the prices of paper gold contracts and physical gold bullion, due to price suppression schemes by the bullion banks and central bankers. Jim Willie believes the bifurcation of futures contracts and physical gold prices will occur when the physical shortage of gold is exposed.
http://www.financialsense.com/fsu/editorials/willie/2010/0203.html
The public is unaware of government and central bank intervention in markets. They are also unaware of the pipeline between Wall Street and Washington, DC. The populist anger expressed by Congress and the Obama Administration is manufactured, armed with public opinion polls. You know the best way to eliminate taxpayer-funded banker bonuses? Don't bail out the banks in the first place. The media is complicit, cheerleading green shoots, while ignoring accurate data.
Could a default, or "failure to deliver" in the COMEX or London Bullion Market Association be imminent? It probably has occurred already. There is a widening gap between the prices of paper gold contracts and physical gold bullion, due to price suppression schemes by the bullion banks and central bankers. Jim Willie believes the bifurcation of futures contracts and physical gold prices will occur when the physical shortage of gold is exposed.
http://www.financialsense.com/fsu/editorials/willie/2010/0203.html
The paper gold market and the physical gold bullion market have finally separated in a practical manner, meaning actual gold has almost no role anymore in London paper contract settlement. The absence of gold in London requires extraordinary tactics to settle contracts and to obtain gold bullion. Red tape procedures delay delivery for individuals, and bribes accompany gold delivery demands as standard practice. The London Bullion Market Assn has almost zero gold, its supply having been drained in high volumes since early December, a process currently in acceleration.
The public is unaware of government and central bank intervention in markets. They are also unaware of the pipeline between Wall Street and Washington, DC. The populist anger expressed by Congress and the Obama Administration is manufactured, armed with public opinion polls. You know the best way to eliminate taxpayer-funded banker bonuses? Don't bail out the banks in the first place. The media is complicit, cheerleading green shoots, while ignoring accurate data.
The financial press is critically important precisely now, for not spilling the facts on the current gold market breakdown and divergence. Much of the pressures are hidden though, since the financial press networks report only the official paper-based prices. Do not expect to read in Reuters or Bloomberg or the Associated Press or Wall Street Journal or the New York Times or Investors Business Daily or Barrons that a grotesque gold shortage exists in the London metals exchange or at the COMEX in New York and Chicago. They will not report that London is virtually drained of gold, yet still sells gold contracts. Accurate news reporting would accelerate the breakdown and remove the possibility for time extension. The press will not report that billionaires are emptying their gold bullion accounts at rapidfire pace, out of gross distrust of the bankers, since gold leasing has illegally been standard practice for many years. Imagine selling lumber contracts without wood delivered. Imagine selling mortgages without home titles delivered. Actually, Wall Street did precisely that from 2003 to 2007.
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