by Dave Kranzler | Jun 29, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It looks like the western Central Banks are having trouble pushing gold below $1240 right now. After series of high lows in the price of gold since late December, it looks like there’s chance gold is forming the base for the next attempted assault on $1300. At...
by Dave Kranzler | Jun 28, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“We believe the effect of the troubles in the subprime sector on the broader housing market will be limited and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system,” – Fed Chairman,...
by Dave Kranzler | Jun 27, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Bubbles require ever more money to sustain them. Currently that’s not happening. A severe market selloff could come at any moment.” The quote above is from Fred Hickey, who writes the The High-Tech Strategist newsletter. Mario Draghi, Chairman of...
by Dave Kranzler | Jun 26, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
This isn’t some trader’s “fat finger” accidentally overloading the sell button and pressing “sell.” This is unadulterated BIS/ECB/BoE/Fed sponsored market intervention: At 4:01 EST, a paper gold nuclear bomb was detonated in the...
by Dave Kranzler | Jun 22, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Predictably, after the gold price has been pushed down in the paper market by the western Central Banks – primarily the Federal Reserve – negative propaganda to outright fake news proliferates. The latest smear-job comes from London-based Capital Economics...
by Dave Kranzler | Jun 21, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The falling price of oil did not garner any mainstream financial media attention until today, when U.S. market participants woke up to see oil (both WTI and Brent) down nearly $2. WTI briefly dropped below $43. The falling price of oil reflects both supply and demand...
