by irdadmin | Aug 18, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Central counterparties keep records of trades and help suck risk out of the banking system, but this only works if they themselves are well capitalised and have plans in place to deal with a sudden collapse of one or more of its members and get close to failure....
by irdadmin | Aug 17, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
I wanted to share a discussion on the metals that I had with GATA’s Bill “Midas” Murphy this morning. I had emailed him to ask him if he knew of any reasons the metals were getting slammed today because the dollar was down a bit, the economic...
by irdadmin | Aug 16, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I’m not sure of the significance of 20 minutes past the hour, and I’m sure it has some sympbolic meaning to the gold manipulation cabal, but for the last week the price of gold has been getting slammed with an avalanche of Comex confetti at regular...
by irdadmin | Aug 16, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In mid-2009, the IMF announced that it was going to sell a portion of its gold. It ended up selling 403 tonnes of its then-reported 3218 tonnes of gold. Back then the original announcement made it sound like the IMF was trying to push down the price of gold with a...
by irdadmin | Aug 14, 2016 | Financial Markets, Gold, Market Manipulation, U.S. Economy
At Rory’s prescient behest, we have been way out in front of the curve on the Silk Road and on the issue of China using the IMF to push aside the dollar as the reserve currency. Casey Research finally caught up with their own Silk Road piece – more than a...