Tuesday, July 15, 2014

MAINSTREAM MEDIA Tells SHEEPLE to AVOID Physical GOLD & to INVEST in the STOCK MARKET




The deregulation of the financial system during the Clinton and George W. Bush regimes had the predictable result: financial concentration and reckless behavior. A handful of banks grew so large that financial authorities declared them "too big to fail." policy of Quantitative Easing the prices of financial instruments on the banks' balance sheets and in order to finance at low interest rates trillion dollar federal budget deficits associated with the long recession caused by the financial crisis.

The Fed's policy of monetizing one trillion dollars of bonds annually put pressure on the US dollar, the value of which declined in terms of gold. When gold hit $1,900 per ounce in 2011, the Federal Reserve realized that $2,000 per ounce dollar's exchange rate with other currencies, resulting in a run on the dollar as both foreign and domestic holders sold dollars to avoid the fall in value. The manipulation consists of the Fed using bullion banks as its agents to sell naked gold shorts in the New York Comex futures market. Short selling drives down the gold price, triggers stop-loss orders and margin calls, and scares participants out of the gold trusts. The bullion banks The bullion can then be sold in the London physical gold market, short position Comex floor and provide a supply of bullion to meet Asian demands for physical gold as opposed to paper claims on gold.

The evidence of gold price manipulation 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 exceed the available supply.

The primary venue of the Fed's manipulation activity is the New York Comex exchange, where the world trades gold futures. Each gold futures contract represents one gold 100 ounce bar. The Comex is referred to as a paper gold exchange because of the use of these futures contracts. Comex, JP Morgan, HSBC and Bank Nova Scotia conduct the majority of the trading volume. Trading of gold (and silver) futures occurs in an auction-style market on the floor of the Comex daily from 8:20 a.m. to 1:30 p.m. New York time. Comex futures trading also occurs on what is known as Globex. Globex is a computerized trading system used for derivatives, currency and futures contracts.

In addition to the Comex, the Fed also engages in manipulating the price of gold on the far bigger--in terms of total dollar value of trading--London gold market. This market is called the LBMA (London Bullion Marketing Association) market. LMBA "bullion banks" (Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorganChase, Merrill Lynch/Bank of America, Mitsui, Societe Generale, Bank of Nova Scotia and UBS). Whereas the Comex is a "paper gold"

The Fed's gold manipulation operation involves exerting forceful downward pressure on the price of gold by selling a massive amount of Comex gold futures, gold futures trade. There was no apparent news or market event that would have triggered the sudden massive increase in Comex futures selling which caused the sudden steep drop in the price of gold. At the same time, no other securities market (other than silver) comex vault


It's been one of the worst years for gold in a generation. A flood of outflows from gold ETFs, endless tax increases on gold imports in India, and the mirage of a supposedly improving economy in the US have all contributed to the constant hammering gold has taken in 2013. Marc Faber is quick to stand up to the gold bears. "We have a lot of bearish sentiment, notably China. They will buy this year at a rate of something like 2,600 tons, which is more than the annual production of gold. gold price prediction george soros

Silver bulls owe a debt to Russian President Vladimir Putin. ukraine crisis ww3 world war 3 obama With markets unsettled by the Russian move into Crimea,
Gold, Silver Slump Further Into the Abyss gasprom

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