20.11.13

The definitive guide to Gold and Silver market rigging

Gold and Silver are the Banksters’ and Politicians’ declared arch nemesis. Gold, and Silver, represent Honest Money; the time honoured store of wealth and trusted medium for the exchange of value around the globe; which it has been so for the last 5,000 years.

Currency Note in circulation representing actual physical Gold; redeemable at any time! Under a system where Gold represents the underlying value in a currency such as the Gold Standard of old, or any form where Currency is directly redeemable for Gold, and where Gold, or Silver, is the actual Money, the entire WS Banking system could not exist, a system invariably described as parasitic, superfluous and destructive.

Such a Monetary System must be enshrined in the Constitution and should be global and enacted by international treaty such as the Bretton Woods Agreement which the US unilaterally reneged on on that fateful day on 15 August 1971!
Every treaty can be broken as the US has proven time and again, but once a global system is in place which trades in tangible, physical Gold, then it will become nigh impossible to unilaterally renege on such a treaty since no other nation would suddenly accept infinitely printable Fiat Confetti Currency from a rogue nation like the US!
And that's the way the world is headed with eastern countries and Russia preparing for such a, much more equitable and fairer, global trading system by buying all the Gold which western Banksters are hocking off at their criminally suppressed, and hugely discounted prices.

The present, privately owned Fiat Fractional Reserve Lending, FRL, system allows Banksters to print currency out of thin air and charge interest on it, it allows them to leaver up on depositors’ assets and speculate, gamble and rort the system for their own books with OPM, Other Peoples’ Money, and construct a gigantic casino with derivatives, CDS, CDO, IRS etc, amounting to Quadrillions, all of which serve no purpose other than to defraud the productive citizens and profiteer from OPM.
And therein lays the crux and the banksters’ hatred for Gold and Silver, and also all the structural problems besetting the economy and financial system.

The criminal global currency system and the War on Gold here!

Any form of Gold as Money acts as a restraint on Banksters on all this parasitic racketeering, and would render the entire WS Plutocratic mob to the dustbin of history; a long and sordid history in privately owned Fiat FRL Currency racket and control of Governments and the entire system.

For Politicians it would prevent deficit spending, printing/borrowing currency to fund gigantic war machines and wage criminal wars, funding election promises to buy themselves into office with OPM, and repay banksters with deficit spending, indebting the nation to the banksters for bankrolling their election.

Of course scant regard is given to the trillions invested in the Precious Metals industry by the productive sector and investors; in fact parasitic banksters’ aim is to destroy the entire Precious Metals industry and all the trillions of hard working citizens’ wealth with it.

The vital miscalculation of TPTB in their blind hatred for Gold and Silver, and their Machiavellian destruction crime thereof, is that the BRIICS countries are rapidly re-monetizing Gold now, and have bought virtually all the US’ and West’s Gold; they recognize, as do billions of people around the globe, that Gold is Money and Power!

In order to suppress prices of Gold and Silver the riggers ended up underhandedly leasing, rehypothecating and hocking off the people’s Gold, right into the hands of their arch rival, China, at hugely discounted prices.

The interested parties in the demise of Gold and Silver as Money makes the list of perpetrators a varied and long one:

• The USG is determined to defend the Dollar as the World Reserve Currency, since this allows them to print and buy real goods from around the globe. Print and maintain a war machine and global empire. Print and wage wars and all manners of covert operations to perpetuate their hegemony. Print and make spending promises to get re-elected. Print and subdue a restless populace which has been rendered into virtual submission and economic privation through the very act of all these Fiat FRL enabled shenanigans and Fraud.
All this is of course a circuitous death spiral into the economic and financial abyss.

• The Fed needs to preserve this status quo for the Dollar or the Fed would become meaningless.

• The WS Banksters' entire raison d'être is at stake. See Footnote a

• The BIS and IMF are puppet arms of the USG and its Treasury and the Fed and act on their instructions. The SDRs issued by the IMF is a covert means to ‘demonetize’ Gold, at the behest of the USG.

Secret memos and documents unearthed and published by GATA and other researchers reveals a picture of systematic vilification, marginalisation and the avowed destruction of Gold and Silver as Monetary Metals, euphemistically called, ‘Demonetization’, by TPTB, i.e. CB, WS Banksters, BIS and the USG and its secretive crime unit, the completely unaccountable, top secret ESF!
See Footnote: b

Short list of Cartel’s major criminal Market Ops, dumping naked, unbacked short contracts in enormous quantities to crash the entire bid stack.
Date Metal Ounces Tons Price Destruction
1 May 2011 Gold 24 million 750 Price was actually up
1 May 2011 Silver 5 m 160 $14.95 over 5 Days
6 Sep 2011 Gold 22.5 m 700 $63
6 Sep 2011 Silver 230 m 7,200 $1.86
8 Dec 2011 Gold 20 m 625 $194 over 6 Days
8 Dec 2011 Silver 112 m 3,400 $1.85
29 Feb 2012 Gold 24.5 m 62 $103
29 Feb 2012 Silver 263 m 8,200 $3.75
12 Apr 2013 Gold 13.4 m 416 $38
15 Apr 2013 Gold F'note c   $160
12 Sep 2013 Gold 1.2 m 38 $84
20 Sep 2013 Gold 200,000 6.2 $10
11 Oct 2013 Gold 2 m 62 $16
21 July 2015 Gold 2 m 57
16 Sep 2016 Gold 2.5 m 8,000
2 Mar 2017 Silver 150 m 4,695

See Footnote: c


Prices are strictly controlled around the clock with HFT amongst the Cartel Members, and daily smaller ops are carried out to suppress and snuff out any price rise.


Flow Chart of the Gold Market and price rigging

Click to enlarge

Footnotes


Footnote: a


The idea that a rising Gold price is somehow linked to interest rates, and hence the fate of the Dollar, stems from a paper, Gibson’s Paradox, written by one of WS’ most ardent hacks and onetime Secretary of the Treasury, Larry Summers.
(Summers and Rubin were the architects of the complete deregulation, repeal of Glass Steagall, and ‘de-oversighting’ of the financial markets; a sleight of conniving with WS, which brought about the present intractable financial malaise, but brought unimaginable riches to the few WS Executives he was working for while in the employ and pay of the Taxpayers)

This paper was solely a justification for the very lucrative racket of rigging the Gold and Silver markets, where the riggers are invariably the winners and everyone else the losers.
JPM regularly reports ‘perfect quarters’ where they ‘earn’ in excess of $100m every single day form their ‘trading desk’; read ‘rigged Market Ops’.
Of course this is only possible in completely rigged markets where the mega Banksters collude in rigging markets and loot the other hapless participants of their investments, time and again.
This also explains the complete complicity of the ‘regulators’, the CFTC, in allowing this criminal racket to continue in full view of everyone, and closing both eyes, when everyone is screaming foul and corruption!

Footnote: b


The ESF was set up under the 1934 Gold Reserve Act to carry out covert market operations in Forex, Gold, Silver and just about every other market.
Of course there can be no legitimacy in the unilateral suppression and rigging of prices by the US of globally traded markets affecting billions of people around the planet.
The USG is fond of quickly labelling anyone a ‘Currency Rigger’ or the like, if they suspect market operations by a country affects their ability to rig that market with their own secret and illegitimate interventions.
The ESF is reportedly also involved in far more than just these illicit market ops, the range of activities attributed to this ultra secret unit range from Money Laundering to the financing of the CIA’s endless list of Black Ops, Drug running, Covert Wars and every kind of criminal activity carried out without supervision and accountability.



Footnote: c


In a truly bizarre twist of conniving, 15 of WS’ top Banksters met in early April 2013 at the WH just hours before the most concerted and vociferous attack on Gold and Silver, revealing complicity and collusion at the highest level in this suppression crime.
Banksters got themselves into a very tight spot and were just hours away from defaulting in their Fractional Gold Market racket, where every single ounce has at least one hundred claims to it.

Their crime of reselling the same asset hundreds to times over, the looting and stealing of Customers’ allocated/unallocated Gold accounts, the re-re-rehypothecation of leased Gold and the gigantic naked short positions which they were called upon to deliver had them resort to ever more aggressive suppression and price destruction, seeking the redoubled assistance of the USG/ESF in this crime.

Not surprising the CFTC declared that there is ‘No Crime’ committed in the Silver market, and by extension in the Gold market, despite a five year investigation and first hand Whistleblower testimony, and the entire planet being able to discern normal trading where sellers maximize their proceeds, and the deliberate dumping of gigantic Naked Short Contracts, intentionally crashing the entire Bid Stack during the quietest trading time of the day!



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