by irdadmin | Oct 14, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“De Nederlandsche Bank (DNB) holds more than 600 tonnes of gold. A bar of gold always retains its value, crisis or no crisis. This creates a sense of security. A central bank’s gold stock is therefore regarded as a symbol of solidity Shares, bonds and...
by irdadmin | Oct 2, 2019 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[Whatever] the repo failure involved, it is likely to prove a watershed moment, causing US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs. a new banking...
by irdadmin | Sep 16, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
For anyone who has studied the issue in-depth, there’s no question that Governments and Central Banks interfere in the gold market (and silver). The motive is undeniable. Removing price discovery from the gold market enables the Central Banks to sustain the...
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 | May 14, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
The price of gold soared over $13 Monday as flight-to-safety money flowed into the precious metals sector while the stock market went into a downward spiral. I see Monday’s market action as a preview of what’s in store going forward as price discovery once...