by irdadmin | Oct 7, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The 1944 Bretton Woods international monetary system as it has developed to the present is become, honestly said, the greatest hindrance to world peace and prosperity. Now China, increasingly backed by Russia—the two great Eurasian nations—are taking decisive steps to...
by irdadmin | Sep 18, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
A consultant to GATA (Gold Anti-Trust Action Committee) brought to our attention the fact that gold swaps at the BIS have soared from zero in March 2016 to almost 500 tonnes by August 2017 (GATA – BIS Gold Swaps). The outstanding balance is now higher than it...
by irdadmin | Aug 24, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
A concocted public relations scheme – an event which resembled the annual Punxsutawney ground-hog viewing tradition – in which the Treasury Secretary emerges from Ft Knox and proclaims, “the gold is safe” does not provide any evidence...
by irdadmin | Sep 5, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In times of universal deceit, telling the truth is revolutionary act. – George Orwell A subscriber to my Mining Stock Journal sent me this correspondence a few days ago while the precious metals were being pushed lower by the bullion banks: I read an article...
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...