Primer on gold price suppression

[mgray]

It seems many financial journalist, who celebrate falling gold prices as a vindication of economic growth, really don't have a clue how it works.

There's little correlation between gold paper pricing and the metal supply and demand.

See may latest thoughts here (http://wp.me/ppklu-du).

[robinr1]

seemingly all true.....the problem is....when u have an unlimited supply of funny money and digits and a cpu screen..they can basically keep the price at whatever level they choose.

that is until folks start demanding physical delivery of large quantities......then the gig is up...

[T Smith]

The dollar is much weaker than the false front put on by the Fed... but somehow the Fed continues to beguile market fundamentals. The dollar should have collapsed long ago. I'm frankly amazed at how they continually pull it off; somehow they have the dollar under their spell.

Your conclusion is 100% correct; I'm just not so sure it will happen in Sept/Oct of this year. The Fed will somehow manage to keep the charade alive for much longer.

[ThePythonicCow]

The dollar is much weaker than the false front put on by the Fed... but somehow the Fed continues to beguile market fundamentals. The dollar should have collapsed long ago. I'm frankly amazed at how they continually pull it off; somehow they have the dollar under their spell.

Your conclusion is 100% correct; I'm just not so sure it will happen in Sept/Oct of this year. The Fed will somehow manage to keep the charade alive for much longer.
The US Dollar system is collapsing, from the outside in. Other currencies in the system are collapsing first, as people abandon the weaker currencies. They move into the center, the US Dollar and US Treasuries. The only major buyer left for US Treasuries seems to be the US Federal Reserve. The volume of trading activity in the US Treasury markets is declining dramatically.

As Jim Willie of The Hat Trick Letter (http://www.goldenjackass.com/) has been fond of saying for a couple of years now, the Dollar will rise, and rise, and rise some more ... then fail (not decline, but be replaced.)

As a ship breaks apart and sinks, those who don't have seats in the life boats rush -away- from the rails and upper decks, toward the most solid center, away from the initially evident risks.

[robinr1]

jim willie is outstanding... he said a few days ago the dollar will rise and rise and rise..... and then vanish. we shall see

[DNA]

From what I understand, gold is in abundance via the secret space program and off world mining.

[ThePythonicCow]

From what I understand, gold is in abundance via the secret space program and off world mining.

That could be ... though that might or might not be reflected in the monetary system here on earth anytime soon.

Certainly, if I were one the bastard overlords of a planet, I'd prefer they treasure most something I had in abundance.

[robinr1]

From what I understand, gold is in abundance via the secret space program and off world mining.


prob so.....truth be told....there is probably no safe place to park investment funds/ retirement funds.....whatever u prefer to call it....I mean land....but that land isn't truly yours either.. you are just renting it from the gov

[mgray]

The demise of the dollar (which I believe is not in the cards at all) is not bullish for gold and other commodities. The price manipulation would just be done in another form of currency.

As for off-world gold supply, I have no knowledge of that.

[Baby Steps]

Is Gold manipulation related to hitting China? Or herding investors into Shares/Bonds?
Maybe its all just mad short term derivatives speculation!
Many thanks

[Pam]

It seems many financial journalist, who celebrate falling gold prices as a vindication of economic growth, really don't have a clue how it works.

There's little correlation between gold paper pricing and the metal supply and demand.

See may latest thoughts here (http://wp.me/ppklu-du).



mgray, I have always admired your insight on the financial front. I went to your web blog and was blown away. I have it bookmarked now so I can read everything you write. I am honored to have you at PA!!!!! I thought I knew a fair amount about gold pricing and I see now that I was really naive. Thanks again, Pam

[mgray]

Is Gold manipulation related to hitting China? Or herding investors into Shares/Bonds?
Maybe its all just mad short term derivatives speculation!
Many thanks
I believe it's a manipulation of the dollar that is behind the gold price suppression. Weaker gold prices gives the impression that the US economy is doing well. So the dollar is bid up against other currencies.

That in turn has large global institutions putting money into US treasury notes, which keeps the yield low and reduces Uncle Sam's borrowing costs on its massive debt.

Naturally other dollar commodity prices are also depressed by the act. Crude oil, corn and wheat are all at low prices due to the gold price suppression.

¤=[Post Update]=¤

Pam,
Thank you for the kind words.

[mgray]

The dollar is much weaker than the false front put on by the Fed... but somehow the Fed continues to beguile market fundamentals. The dollar should have collapsed long ago. I'm frankly amazed at how they continually pull it off; somehow they have the dollar under their spell.

Your conclusion is 100% correct; I'm just not so sure it will happen in Sept/Oct of this year. The Fed will somehow manage to keep the charade alive for much longer.

I never underestimate the Federal Reserve's ability to support the dollar. It has an unlimited checkbook to prop up the greenback.

That said, the Fed's actions over the last 5 years in the treasury markets has chased many buyers out of the market. The Fed is the 800-lbs gorilla in the bond pits, through the large Wall St. banks that are the primary dealers, which do the Fed's bidding.

The holders of the US bonds -- at some point in the next few months -- will start to balk at the depressed yields and begin selling off the debt. This is the liquidity crunch I have been talking about.

There are no other buyers who can take in this wholesale selling. You will hear stories about "dislocation in the bond market."

Those words strike fear into Fed. And cascading sales with lower and lower prices, will have hedge funds, annuities and other large institutions selling anything they can to make up the shortfall in bond portfolios.

Corporate bonds, short-term commercial paper and stocks will all crater as a result.

We just need to wait until the big Wall Street players get back from their Hamptons summer homes after Labor Day here in the states. I say that half-jokingly.

[idiit]

From what I understand, gold is in abundance via the secret space program and off world mining.

I was listening to an audio yesterday where inside players ( physical bugs) were wondering where all the physical silver has been coming from to meet physical demand. I actually entertained the idea for a moment that off world mining might be a possible source. pretty crazy idea. :)


I never underestimate the Federal Reserve's ability to support the dollar. It has an unlimited checkbook to prop up the greenback.


^ yeah that. their ability to play "kick the can" is "beyond the pale". the capacity to virtually create the world's medium of exchange ( an informed player could not really call it money ) in quantity of trillion$ disguised as "stimulus" is a global precedent without peer. at the near term present they have an unlimited checkbook to fund their nefarious agenda.

our "golden jackass" has pointed out that the frn$ will disappear soon as no one will accept it as a medium of exchange in imminent global transactions. the frn$ will soon be pronounced "moot" .

major manufacturers and exporters of raw materials are starting to demand yuan for payments until the new physical gold trading standard is implemented. the pace of going to non usfrn$ is accelerating. mathematic, geometric, and finally exponential will be the rate of increase away from the frn'$.

[Baby Steps]

mgray, I have always admired your insight on the financial front. I went to your web blog and was blown away. I have it bookmarked now so I can read everything you write. I am honored to have you at PA!!!!! I thought I knew a fair amount about gold pricing and I see now that I was really naive. Thanks again, Pam

Amen to that!

[idiit]

I found this statement above to be bizarre at first, but then when reviewing the “Alien Spaceship on the Moon – Fly over before landing” video clip that he released, I noticed several reflections of light, each a different color except two of them that the LM (lunar module) apparently flew over. The video is at http://revver.com/video/624300/apollo-20-legacy-part-1-the-city/ and at http://www.youtube.com/watch?v=bf1G8JAGzt8 . The first patch of gold appears at the far left of the screen at 55 seconds into the clip. The second larger patch appears 1.16 seconds and on the far left of the screen. Two yellow areas that I had earlier assumed were reflections, turns out to actually be huge patches of gold color mineral. One circle-shaped patch appears to be several meter in diameter, the other is clearly three to four times larger than the first. Now upon closer inspection, the gold appears to be similar in color to unprocessed gold ore with a luminosity of 20-24k gold. When I showed the video to a geologist friend at a local university, he confirmed that it has a high probability of being gold according to its reflection of the suns light and its surface color

http://www.ufosightingsdaily.com/2011/06/nasa-photo-is-proof-of-apollo-20.html

[Bingo]

mgray, I'd be most interested in your opinion on what would happen to gold if we moved into a cashless situation where electronic money is the new reset. Gold could become completely sidelined, according to some, but they are guessing at this point. Do you have a thought about this? Because the control seems so absolute now that one wonders if they have no further need for gold.

[mgray]

mgray, I'd be most interested in your opinion on what would happen to gold if we moved into a cashless situation where electronic money is the new reset. Gold could become completely sidelined, according to some, but they are guessing at this point. Do you have a thought about this? Because the control seems so absolute now that one wonders if they have no further need for gold.

Let's say the globe went to the wigit (the working digit) an all-electronic currency. Why would a seller of gold not take that currency to transact deal?

Since gold has a far longer history as a store of wealth, its value would rise and fall in wigits based on economic conditions of the wigit.

An electronic currency would not necessarily hurt gold prices. But a government confiscation or price fix would. If gold was $1,000 an ounce fixed and currencies were weighted to that value, then that or confiscation could sideline gold for the duration of those measures.

Thanks for the question, hope it answered it.

[Bingo]

Yes, thanks for your answer. I can't quite shake the idea that they have a plan to make gold irrelevant but how? Hardly any Americans own gold now so they are certainly successful at the propaganda. Confiscation? Is there any to confiscate?

[mgray]

Yes, thanks for your answer. I can't quite shake the idea that they have a plan to make gold irrelevant but how? Hardly any Americans own gold now so they are certainly successful at the propaganda. Confiscation? Is there any to confiscate?

Well there's my 24 ounces. Don't forget FDR took gold jewelry as well. That's why antique gold jewelry is hard to find.
But since they developed the gold ETF and futures markets, the government doesn't need to take it if they have the means to suppress its price.

[Bingo]

I just finished listening to Art Bell interviewing Joe McMoneagle, one of the world's great remote viewers. Very interesting and educational interview, and at the end of the show a woman called in and asked Joe if he had ever viewed the dollar in the future. He said he had, and that the dollar would remain strong. He added that a new bull market would come into being and that future years looked rosy.

He added that no country has been able to compete with or create such a secure situation as the US has with the dollar. It is not threatened.

Really?

[idiit]

I can't quite shake the idea that they have a plan to make gold irrelevant but how?

gold is actually quite plentiful according the "hollow earth" information and the off world posts as well:

https://www.google.com/?gws_rd=ssl#q=hollow+earth+gold


May 27th, 2010, 04:23 AM
Just read this article, which mentions that the abundance of gold in the universe "essentially defies explanation".

http://www.dailygalaxy.com/my_weblog/2010/05/supernova-observatory-reveals-a-stunning-fossil-of-the-early-universe.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheDailyGalaxyNewsFromPlanetEarthBeyond+%28The+Daily+Galaxy%3A+News+from+Planet +Earth+%26+Beyond%29



Gold Discovered In Massive Amounts On Mars
Sunday, December 23, 2012 10:55

http://beforeitsnews.com/beyond-science/2012/12/gold-discovered-in-massive-amounts-on-mars-2440340.html


Ore resources on Mars

https://en.wikipedia.org/wiki/Ore_resources_on_Mars

now silver may be a totally different story. almost all silver is located near the surface and for thousands of years man has searched for the sliver deposits. there has been no new significant mining site of silver found for many years. the ore grade has dropped from over 50% silver ore approximately 50 ( give or take) years ago to less than 5% silver ore being mined at present. (rough numbers).

I haven't read any articles or posts about finding silver in prolific amounts in hollow earth nor off planet.

david wilcock isn't a forum favorite here at project Avalon but he does give a great deal of his info on how abundant gold actually still is here on earth during a projectcamelot interview:

http://webcache.googleusercontent.com/search?q=cache:ahBGEHopkXYJ:goldenageofgaia.com/2011/12/21/transcript-of-david-wilcock-interview-on-whistleblower-radio/+&cd=15&hl=en&ct=clnk&gl=us

[T Smith]

The dollar is much weaker than the false front put on by the Fed... but somehow the Fed continues to beguile market fundamentals. The dollar should have collapsed long ago. I'm frankly amazed at how they continually pull it off; somehow they have the dollar under their spell.

Your conclusion is 100% correct; I'm just not so sure it will happen in Sept/Oct of this year. The Fed will somehow manage to keep the charade alive for much longer.

I never underestimate the Federal Reserve's ability to support the dollar. It has an unlimited checkbook to prop up the greenback.

That said, the Fed's actions over the last 5 years in the treasury markets has chased many buyers out of the market. The Fed is the 800-lbs gorilla in the bond pits, through the large Wall St. banks that are the primary dealers, which do the Fed's bidding.

The holders of the US bonds -- at some point in the next few months -- will start to balk at the depressed yields and begin selling off the debt. This is the liquidity crunch I have been talking about.

There are no other buyers who can take in this wholesale selling. You will hear stories about "dislocation in the bond market."

Those words strike fear into Fed. And cascading sales with lower and lower prices, will have hedge funds, annuities and other large institutions selling anything they can to make up the shortfall in bond portfolios.

Corporate bonds, short-term commercial paper and stocks will all crater as a result.

We just need to wait until the big Wall Street players get back from their Hamptons summer homes after Labor Day here in the states. I say that half-jokingly.

You read, in multiple places, that there is no one left to buy the bonds. But my hunch is, the Fed has bedfellows and proxies everywhere, from Belgium (of all places, that somehow manages to buy up more Treasury bonds than their GDP) to all the big banks who are on life support from the Fed. They repay the debt by spreading out a stealth version of QE among them. Then there is the "we have an offer you can't refuse" angle, with the Fed/US Govt. making deals/forcing bond purchases to multiple players under the threat of God-knows-what, mostly likely tied to criminal actions of the military industrial complex and its extremely corrupt modus operandi.

At the end of the day, there is only one buyer of Treasury Bonds, the Federal Reserve Bank, via its various proxies and tentacles and secret connections. But they are somehow pulling it off and convincing the world all along that the dollar is somehow "legitimate".

Eventually the whole house of cards comes down. But is it really played out? I dunno...

[mgray]

[QUOTE=T Smith;985749]The dollar is much weaker than the false front put on by the Fed... but somehow the Fed continues to beguile market fundamentals. The dollar should have collapsed long ago. I'm frankly amazed at how they continually pull it off; somehow they have the dollar under their spell.


I never underestimate the Federal Reserve's ability to support the dollar. It has an unlimited checkbook to prop up the greenback.

You read, in multiple places, that there is no one left to buy the bonds. But my hunch is, the Fed has bedfellows and proxies everywhere, from Belgium (of all places, that somehow manages to buy up more Treasury bonds than their GDP) to all the big banks who are on life support from the Fed. They repay the debt by spreading out a stealth version of QE among them. Then there is the "we have an offer you can't refuse" angle, with the Fed/US Govt. making deals/forcing bond purchases to multiple players under the threat of God-knows-what, mostly likely tied to criminal actions of the military industrial complex and its extremely corrupt modus operandi.

At the end of the day, there is only one buyer of Treasury Bonds, the Federal Reserve Bank, via its various proxies and tentacles and secret connections. But they are somehow pulling it off and convincing the world all along that the dollar is somehow "legitimate".

Eventually the whole house of cards comes down. But is it really played out? I dunno...

You need to remember the biggest ally of the Fed to prop up the dollar is the U.S. military. Try selling oil in something other than greenbacks and you will meet them.

[Morbid]

may i also add that cryptocurrencies are also being considered as an additional store of wealth these days. though highly volatile, they provide a much more liquid form of moving wealth around. they could serve as a transactional intermediary tool while fiat is under the weather.