by irdadmin | Feb 14, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
These premiums [the ex-duty import prices being paid for legal kilo bar imports in India] are actually quite remarkable as the need to import kilo bars only arises if Indian demand is not satisfied by Dore imports (which had a duty advantage of $15.52/oz this...
by irdadmin | Jan 5, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
If history is any guide, global changes of this magnitude mean that the entrenched systems run by central banks and Deep State politics are set to be destabilized on a level we may have not witnessed in our lifetimes, which means assets like bitcoin, gold, and silver...
by irdadmin | Dec 8, 2016 | Financial Markets, Gold, Precious Metals
According to the plaintiffs, records surrendered by Deutsche Bank show traders and submitters coordinating trades in advance of a daily phone call, manipulating the spot market for silver, conspiring to fix the spread on silver offered to customers and using illegal...
by irdadmin | Nov 17, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
Gold was pushing $1230/oz overnight, as the methodical take-down of gold and silver in the NYC and London paper markets has triggered an avalanche of demand for physical gold in the eastern hemisphere. Last night ex-duty import premiums in India were $14 over spot...
by irdadmin | Nov 16, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The move by Modi to eliminate large-denomination cash bills from India has set off an unanticipated physical gold buying frenzy that has driven Indian ex-duty import premiums in the mid-$30’s. It’s the widest I’ve seen in them in the many years...