by irdadmin | Aug 13, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The price of gold continues to hold up under the enormous selling in the paper derivatives markets on the Comex and LBMA. This morning’s price attack is a good example: The chart above shows December paper gold in 5 minute intervals. Typically the price of gold...
by irdadmin | Aug 9, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
For the majority of the last 20 years, the western Central Banks, under the direction of the BIS, have been able to use the precious metals derivatives markets to “manage” the price of gold. As long as counterparties who are “synthetically”...
by irdadmin | Aug 7, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The global economy is headed uncontrollably toward the proverbial cliff. Although the Central Banks will once again attempt to defer this reality with more money printing and currency devaluation, systemic collapse is fait accompli. Gold and silver are behaving in a...
by irdadmin | Aug 6, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
…ushers in the restoration of price discovery in the precious metals market. The price of gold is at or near an all-time in most currencies except the dollar. This summer, however, it would appear that the dollar-based valuation of gold is starting to break the...
by irdadmin | Aug 2, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The price of gold has rejected numerous attempts by the banks to hammer the gold price below $1400 using paper gold derivatives on the Comex and the LBMA. I have not seen gold behave with such resiliency in the last 19 years when the Comex banks have an extremely...