It is generally well known that the major new york banks and hsbc are naked shorting gold and silver, aka selling contracts that they do not have the gold and silver inventory to deliver on if the buyer asked for delivery.
On the other hand the privately owned central banks of the world are taking delivery of gold and so this puts the lie to bernankes trashing of gold, but of course when doesnt bernanke and the central bankers not lie.
China and the rest of asia are also loading up on gold, they know that the feds house of cards or hologram of QE is headed for catastrophe , the QE scam is going to end with a financial collapse that will shake the financial foundations of the world.
The elite banking cartel privately owned fed is destroying america by debasing the currency and the stock market is going up because the actual value of the dollar is going down.
No nation including the roman empire ever survived debasing its currency, this debasement in every case led to financial collapse.
A nation can withstand the enemy from without , but a nation can never withstand the enemy from within, the fed is an enemy from within.
Gold and Silver Are Manipulated
The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be.
Everything Can Be Manipulated through High-Frequency Trading
Manipulating Numerous Markets In Myriad Ways
The big banks and other giants manipulate numerous markets in myriad ways, for example:
- Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here,here, here, here, here, here, here and here
- Charging “storage fees” to store gold bullion … without even buying or storing any gold . And raiding allocated gold accounts
Washington Signals Dollar Deep Concerns — Paul Craig Roberts
If the dollar were not the reserve currency, Washington would not be able to finance its wars or continue to run large trade and budget deficits. Therefore, protecting the exchange value of the dollar is Washington’s prime concern if it is to remain a superpower.
The threats to the dollar are alternative monies–currencies that are not being created in enormous quantities, gold and silver, and Bitcoins, a digital currency.
The Bitcoin threat was eliminated on May 17 when the Gestapo Department of Homeland Security seized Bitcoin’s accounts. The excuse was that Bitcoin had failed to register in keeping with the US Treasury’s anti-money laundering requirements.
Washington has stifled the threat from other currencies by convincing other large currencies to out-print the dollar. Japan has complied, and the European Central Bank, though somewhat constrained by Germany, has entered the printing mode in order to bail out the private banks endangered by the “sovereign debt crisis.”
Everything Is Rigged in Favor of the Rich!!! The Stock Market Doesn’t Need The Economy To Surge, The Distribution Of Income And Wealth Looms Larger, Fed Holds $2 Trillion (And Rising) Of US GDP Hostage. Americans Past Point Of No Return?
Read more at http://investmentwatchblog.com/everything-is-rigged-in-favor-of-the-rich-the-stock-market-doesnt-need-the-economy-to-surge-the-distribution-of-income-and-wealth-looms-larger-fed-holds-2-trillion-and-rising-of-us-gdp-hosta/#WSzWvQTZuwO6UKji.99
Markets are on a crazy, sugar-fuelled journey
The then chief executive of the US banking giant Citigroup was admitting that growing concerns about sub-prime loans could ultimately shatter what we now know was “irrational exuberance” on global financial markets.
“As long as the music is playing, though, you’ve got to get up and dance,” Prince continued. “And we’re still dancing.”
There’s a “we’re still dancing” mood on global markets today, just as there was six years ago in the run-up to what turned out to be the disastrous market meltdown of September 2008.
Rather than the securitisation of recklessly extended commercial credit providing the music, the beat now comes from “quantitative easing”, courtesy of the world’s leading central banks.