Central banks

The evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly ex...

Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.

What kind of game are the banks and the states playing? Here are four news items that should alert anyone still having faith in the european banking system.

Most financial analysts, including some who specialize in precious metals, analyze gold as a commodity however gold is not a commodity since unlike other commodities it is not consumed. Therefore, the traditional economic models and theories of supply and demand simply do not apply when analyzing...

We’re here at the heart of the conflict of interests that we have denounced in the past, e.g. the central bank being the banking sector’s regulatory organism : the ECB is judge and party.

In this interview with Jesse, we discuss the issues at the very centre of the gold market today : COMEX/LBMA manipulation, default event and how investors should react to the long correction in precious metals.

The French central bank trades gold for its own account "nearly on a daily basis" and is "active in the gold market for central banks and official institutions," a bank official told a conference of the London Bullion Market Association in Rome on September 30.

Amidst these geopolitical and monetary secular changes happening, gold will shine again in its historical role of debt extender and stable monetary haven. However this secular monetary crisis unfolds, gold will obviously be priced much higher than today in relation to fiat currencies.

All the hooplah around bitcoin, the banking lobby maneuvers (central banks and large banks), are quite reminiscent of what is happening around gold.

According to the Bank of Italy, of the 255 billion euros borrowed from the ECB through the LTRO, italian banks only reimbursed 15%, or 38 billion euros. So, there still remains 217 billion euros to be paid in 2014... and for Spain, the amounts are just about the same.