by irdadmin | Apr 13, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The inexorable rise in the price of gold, despite the concerted effort among the BIS, western Central Banks, CME and LBMA using paper derivatives to keep a lid on the price gold reflects the likelihood that a short-squeeze in physical gold bullion is percolating....
by irdadmin | Apr 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The CME/LBMA latest paper derivative product – the Accumulated Certificate of Exchange aka “4GC” – is failing. Badly. After its introduction last week there has been zero trade activity in the contract: 4GC Settlement data. The contract...
by irdadmin | Apr 10, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“You [the public] are the sucker. Your role in the Federal Reserve System is to absorb losses [on the crappy assets the Fed buys off of bank and hedge fund balance sheets]…The Fed is there to facilitate your absorption of those losses and that’s...
by irdadmin | Apr 7, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In 35 years of active participation in several diverse aspects of the financial aspects, I’ve never seen a more obvious investment set-up than long gold, silver and mining stocks: Share...
by irdadmin | Apr 5, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
“Bad money drives out good money.” When Gresham put forth this proposition, sovereigns were diluting gold and silver coins with metals of lesser value yet the diluted coins were given the same value for legal tender purposes as the more pure coins....
by irdadmin | Apr 3, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Unequivocally, gold does not trade on the Comex. The Comex trades paper gold derivatives. It is a futures and options exchange on which a small amount of 100 oz. gold bars change ownership each contract month. The transfer of title is facilitated by the creation of an...
