Record $10 Trillion Paper Gold Trading Market Continues To Depress Price

https://srsroccoreport.com/record-10-trillion-paper-gold-trading-market-continues-to-depress-price/

US paper gold suppression allowing Russia & China to buy real gold at discount prices

What used to be referred to as conspiracy theory is now pretty well-known in the precious metals investment community:  western bullion banks suppress the prices of gold and silver by shorting COMEX futures contracts, inducing panic selling among buyers who are long the contracts.  Gold bugs insist the bullion banks are acting as agents for central banks--mainly the Fed, in an attempt to artificially prop up the dollar even as the greenback is being systematically debased by a profligate printing press, in order to fund huge U.S. government budget deficits.

But I've also posited that western bullion banks have accomplices--Asian central banks, specifically China and Russia.  While their motives for suppressing gold prices are different, their desired short-term outcomes are identical:  capping prices of the precious metals.

Recall I mentioned their respective motives are different.  The Fed attempts to mask dollar weakness by suppressing gold prices.  Asian financial authorities also want lower gold prices--but for a different reason:  they are accumulating gold, so they naturally desire lower prices.

The net effect is the transfer of gold (i.e. wealth) from western central bank vaults (leveraged shorting, i.e. selling of paper gold assets) to Asian central bank vaults and retail buyers in Asia, in the form of physical bullion.

The long-term impact?  The bankrupting of western central banks.

https://www.rt.com/business/429573-us-china-russia-physical-gold/

There Are Now 293 Ounces Of Paper Gold For Every Ounce Of Physical As Comex Registered Gold Hits New Low

http://www.zerohedge.com/news/2015-11-04/there-are-now-293-ounces-paper-gold-every-ounce-physical-comex-registered-gold-hits-

Comex On The Edge? Paper Gold "Dilution" Hits A Record 124 For Every Ounce Of Physical

A failure to deliver default is coming in the gold COMEX vaults.  The only question is when.  Get your physical gold and silver.

http://www.zerohedge.com/news/2015-08-03/comex-edge-deliverable-gold-drops-record-low-124-ounces-paper-every-ounce-physical

For Indians, paper gold can't beat the real thing

Read between the lines.  The Indian government is demonizing--even criminalizing, citizens owning physical gold.  Paper gold is fine is their minds.  So are fine art, exotic sports cars, and high-end mansions.  But if someone wants to own physical gold they can carry around in their pockets?  Blasphemy!

Even the semantics are derogatory.  They have the gall to label physical gold "black money."

When the corrupt authorities and insolvent governments discourage the masses from owning a particular asset, it might be in the hoi polloi's best interests to own that very same asset.

http://finance.yahoo.com/news/indians-paper-gold-cant-beat-022934369.html

Entities Owning Paper Gold Are Now Getting Very Nervous

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/11/21_Entities_Owning_Paper_Gold_Are_Now_Getting_Very_Nervous.html

Paper Gold Ain’t as Good as the Real Thing

http://www.caseyresearch.com/articles/paper-gold-aint-as-good-as-the-real-thing-1

What Investors Must Know If There Is A “Catastrophic Event”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/11_What_Investors_Must_Know_If_There_Is_A_Catastrophic_Event.html

Keiser Report: No jail for banksters in real world Monopoly

Watch the last 13 minutes of this 26-minute video to get a better feel for gold backwardation, negative GOFO rates, fractional gold reserve banking, a commercial default, and difference between paper gold and physical bullion.


http://www.youtube.com/watch?v=j615aokEA_Y

Do ETF outflows mean the end of the gold bull market, or just the end for paper gold?

http://therealasset.co.uk/etf-outflows-gold-market/

Physical gold vs paper gold: waiting for the dam to break

This article is good not only for his insight but also its articulation.  It's somewhat long, but worth the read.

http://www.goldmoney.com/gold-research/alasdair-macleod/physical-gold-vs-paper-gold-waiting-for-the-dam-to-break.html

10 Signs The Takedown Of Paper Gold Has Unleashed An Unprecedented Global Run On Physical Gold And Silver

http://theeconomiccollapseblog.com/archives/10-signs-the-takedown-of-paper-gold-has-unleashed-an-unprecedented-global-run-on-physical-gold-and-silver

Paper-Gold Holders Flee To Real Metal

http://www.bullionbullscanada.com/gold-commentary/26136-paper-gold-holders-flee-to-real-metal

Massive Paper Gold Selling Eclipses Annual Mine Production!

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/16_Massive_Paper_Gold_Selling_Eclipses_Annual_Mine_Production!.html

Maguire - “155 Tons Of Paper Gold Sold In Just One Hour!”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/15_Maguire_-_155_Tons_Of_Paper_Gold_Sold_In_Just_One_Hour!.html

Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Selling And Unfounded Panic

The key take away message is inventories of physical gold bullion at the COMEX are at all-time lows, yet the spot price continues to plummet, as the bullion banks are selling hundreds of tons of paper gold.  It is clear evidence of manipulation--or price suppression in this case.  That's why buyers should be buying physical bullion and coins--and not levered virtual paper contracts (futures or options) which are merely legal claims.

http://www.goldcore.com/goldcore_blog/massive-20-billion-paper-gold-sell-orders-trigger-stop-loss-selling-and-unfounded-pani

Maguire - Over 500 Tons Of Paper Gold Sold In Takedown

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/12_Maguire_-_Over_500_Tons_Of_Paper_Gold_Sold_In_Takedown.html

The Creation of "Paper Gold"

http://video.cnbc.com/gallery/?video=3000149973

Paper Gold, what is it really good for?

http://www.bullioninternational.com/blog/entry/paper_gold_what_is_it_really_good_for

Paper-Gold Fraud Now Out In The Open

http://www.bullionbullscanada.com/gold-commentary/26036-paper-gold-fraud-now-out-in-the-open