The Gold Price is Driven Down by the Fed’s Dependent Bullion Banks
The gold price is driven down in the paper futures market by naked short selling by the Fed’s dependent bullion banks.
Read articleThe gold price is driven down in the paper futures market by naked short selling by the Fed’s dependent bullion banks.
Read articleWhy is deflation depicted as an absolute horror? Journalists, economists, politicians and central bank chairmen are all warning us against a general and durable price deflation, equating it to the Apocalypse, as they explain it. This unanimity is very troubling, so let’s stay on the alert.
Read articleMax Keiser interviews Egon von Greyerz about Fed policy, dollar devaluation, gold price manipulation and wealth preservation.
Read articleUp until now, Japan was the exception among Asian countries that are hungry for gold (China, Vietnam, Thailand, Indonesia), and even seemed odd, because Japanese people would get rid of their gold, to the point that Japan was showing a negative balance. These days seem like they are over and that a...
Read articleRisk is high, in any case, for any deposit above 100,000 euros. Let’s not forget that, in French law, banks wield much power. In particular, titles owned by their client are not entirely theirs : banks consider themselves to be the real owners of said titles. In case of forced selling, the bank coul...
Read articleThe Foreign Exchange (FOREX) manipulation scandal is growing in scope. In 2013 many large banks (Barclays, Deutsche Bank, UBS, Royal Bank of Scotland and HSBC) set aside 16.4 billion euros to cover « legal expenses », e.g. the probable amount of fines they will have to pay after their tria...
Read articleHere's a look at the 20 largest holders of gold on the planet according to the World Gold Council report in January 2014.
Read articleThe London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.
Read articleIn the newspapers, one can read a lot of stupid things about gold. They say that gold needs inflation in order to go up. They say that gold moves in an opposite direction to the dollar. Those things are true sometimes, but not always. There is no mathematical relation between the two. They say th...
Read articlePaper gold sellers (probably banks like HSBC or JP Morgan) decided (jointly?) to hit the market hard on April 12 and 15, and on June 20 and 26, with so much selling that the effect on the price had to lead to a brutal collapse. On those four days of smashdown, the price of gold fell by $340! It shou...
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