It appears to me that JPMorgan and their ilk have bought absolutely massive quantities of gold and silver in many different markets. Unfortunately, much of that buying has come as a result of the deliberate and successful manipulation of price in order to force others to sell. I don’t believe that is fair or even legal. Nevertheless the bloodless verdict of the market suggests we are going a lot higher [...]
It always amazes me how mankind can be so easily divided. Especially when the very thing we all work so hard for everyday, is the one thing that could unite us all. We are all on a constant paper chase for “Money.” We pursue it so much that we forget to first look at what we are chasing. Understanding that our “Money,” is controlled & manipulated is the one thing [...]
There’s a new interview with George Soros out in the popular Hong Kong newspaper the South China Morning Post.
A lot of the interview is about the Chinese development model, Chinese stocks, real estate, etc.
There’s also an interesting section about gold.
Q: What is your view on gold?
A: That’s a complicated question. It has disappointed the public, because it is meant to be the ultimate safe haven. But when the euro was close to collapsing [...]
UNITED NATIONS — Iran, North Korea and Syria blocked adoption Thursday of a U.N. treaty that would regulate the multibillion-dollar international arms trade which required agreement by all 193 U.N. member states.
In an unexpected twist, Mexico proposed that the conference go ahead and adopt the treaty Thursday without the support of the three countries, saying there was no definition of “consensus.” Delegates then started debating whether this should be done [...]
From Sober Look:
The latest in the LIBOR scandal once again shined some light on RBS, the UK taxpayer-owned bank. The firm’s culture that ultimately forced the UK government to execute one of the most expensive financial rescues in history was even worse than many imagined.
Rick Santelli doesn’t see much of a difference between “outright currency manipulation” and the “collateral damage to one’s currency based…but in the end when you don’t have a standard & you have printing & fiat currency, what level of valu…
To claim a “recovery” based on unlimited Central State borrowing and spending and central bank manipulation of asset valuations is self-sustaining is beyond absurd.
by Charles Hugh Smith, Of Two Minds:
The mainstream media (MSM) is overflowing with stories proclaiming the global economy is on the mend: Europe’s crisis is in the rearview mirror, China’s growth has rebounded, Japan is aggressively pursuing Keynesian Nirvana and the U.S. economy is in the sweet spot between [...]
I don’t see enough evidence to think Sandy Hook was a false flag operation. This is more of a tragic event turned into political opportunity than it is a staged event.
• Was there investigative bungling and the sensationalist media reporting unverified stories? Yes.
• Was there confusion and were facts lost and gained in that confusion? Yes.
• Are there people, even witnesses, looking for their 30 seconds in the spotlight? Yes.
• Are there individuals [...]
Most of you have heard that the US Mint has once again stopped selling Silver Eagles because they have “sold out”. A few years back it was 100% against the law for them to stop production as they were legally obligated to buy silver at any price. Now Silver Eagle program can only be stopped with the authorization of the US Treasury Secretary….which was no doubt done this time. They [...]
by Bally A, Silver Doctors:
Silver expert Ted Butler has long predicted and awaited an eventual industrial shortage of physical silver, and a resulting panic silver buying that terminates the bullion bank cartel’s manipulation of the silver market.
With the US Mint sold out of [...]
from VisionVictory, via FutureMoneyTrends:
“The policy makers don’t want the people to be aware of gold manipulation, because if people realized gold was artificially low priced then you’d have a rush into gold and out of paper.” – Jay Taylor
The Government’s Entire Strategy Was to Cover Up the Truth
We noted in 2011 that the Geithner, Bernanke and Paulson lied about the health of the big banks in pitching bailouts to Congress and the American people:
The big banks were all insolvent during the 1980s.
And they all became insolvent again in 2008. See this and this.
The bailouts were certainly rammed down our throats under false pretenses.
But here’s the more important point. Paulson and Bernanke falsely stated that the [...]
from Russia Today:
In this episode, Max Keiser and Stacy Herbert discuss the two big themes for 2013: the execution of the too big to fail outlaw banks and the death of the Bretton Woods engineered fiat and faith debt based system as nations around the world ask for the return of their gold. They also talk to several Keiser Report guests about their predictions for 2013, including predictions from Rob Kirby [...]
The Doc sat down with Harvey Organ again for the 3rd and final interview regarding the recent massive cartel intervention in the gold and silver markets post the QE4 announcement, the fiscal cliff, the CFTC’s silver probe, and the unprecedented 20 million oz of silver still standing for December delivery.
Harvey stated that the CFTC’s silver probe has concluded, but they can’t release the findings because it would collapse the entire financial [...]
The Doc sat down with Harvey Organ again for the 2nd of several interviews regarding the recent massive cartel intervention in the gold and silver markets post the QE4 announcement, the fiscal cliff, the CFTC’s silver probe, and the unprecedented 20 million oz of silver still standing for December delivery.
Harvey stated that recent evidence seems to validate his long held suspicions that China is behind the big gold & silver shorts, [...]
‘Are any primary dealers going to be fired?’
With Libor back in the news, here’s a look at Bernanke’s testimony from late July. This is actually pretty decent work from Waters. She questions Bernanke on primary dealers and whether any are going to be ‘fired’ by the Fed if found to be guilty of Libor manipulation. Yeah, right. She also asks Ben for his opinion on eminent domain seizures in California as well as the [...]
Martin Sibileau’s December letter is a MUST READ, and examines what causes hyperinflations, and why one has not occurred yet in the US.
What causes hyperinflations? The answer is: Quasi-fiscal deficits! Why have we not seen hyperinflation yet? Because we have not had quasi-fiscal deficits!
As anticipated in my previous letter, today I want to discuss the topic of high or hyperinflation: What triggers it? Is there a common feature in hyperinflations [...]
December 19, 2012; An American Reckoning
An American Reckoning, a preview:
Is gold manipulation a factor in price?
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Doubling The Tax Rates For Rich Is Not Even Enough To Close The Deficit
THE FINAL CRASH – THE END OF U.S. DOMINANCE IN 2013 – Part Two – The Economic Crash of 2013
Regardless of the outcome of [...]
ZURICH/LONDON – UBS will admit to criminal wrongdoing by its Japanese arm, where one of the Swiss bank’s traders manipulated yen Libor and euroyen contracts, to secure a $1-billion-plus settlement with regulators, people familiar with the matter said on Friday.
Japan’s financial regulator last December ordered UBS’s Japanese securities arm to suspend Tibor- and Libor-related derivatives trading for a week after a probe found a former trader attempted to influence the [...]