Marshall Swing on Cartel Slaughtering the Specs in Gold & Silver: “It’s A Time to Kill- An Orchestrated Massacre!”

JP MorganBoth houses of manipulation viciously attacked both gold and silver on Friday.
Guess why price went down after the COT Week?  It’s called “A Time To Kill” speculator’s positions right before price is allowed to go up…
This is too simple, it is an orchestrated massacre and played out with the greatest of mathematical minds who have programmed their trading and HFT-ing to loot speculators at their every turn because speculators,(at least the paper playing speculators) are like sheep led to the slaughter since they cannot coordinate between themselves to take positions and stick with them that would stop this madness.
The Commercial’s goal is to rape, pillage, and sack as much speculator wealth as they can prior to the planned worldwide economic crash of 2015 that destroys all the world’s currencies.

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Nixon Closes the Gold Window: A Day That Lives in Infamy

Ron PaulA run on gold from foreign countries repatriating their dollars made it clear that there was a lack of faith in Nixon’s Keynesian policies.
To stop this, Nixon refused to allow these transactions by closing the gold window, ushering in 43 years of a fiat Dollar standard. The world has suffered the consequences ever since.
Do you think we would be better off if Nixon hadn’t nixed the convertibility of the U.S. dollar into gold?
In the MUST WATCH video below, Ron Paul dissects Nixon closing the gold window: A Day That Lives in Infamy:  [Read more...]

Metals & Markets: Cartel Rings in New Silver Fix With Massive Raid!

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Metals and MarketsWith gold & silver raided by the cartel coincidentally on the day the new Silver Fix was launched, The Doc & Eric Dubin break down the markets, discussing: 

  • Cartel raid on the metals: Is the worst over, or is another smash coming on the thinly traded Sunday night Globex session? 
  • On the brink: Ukraine/Russia escalation as the US continues to push Russia towards war while Putin works to DUMP THE DOLLAR
  • Retail physical gold & silver explodes on price smash/end of London Fix: SDBullion sees heaviest sales volume in 2014 Friday
  • Ferguson riots/ Martial Law- a sign of of most of American could look like in the wake of a financial collapse? 

The SD Weekly Metals & Markets With The Doc & Eric Dubin is below:  [Read more...]

Fix History, Cartel Raids PMs: Silver Smashed to $19.45, Gold Knocked Under $1300

The Battle Royale continues as the cartel has hammered gold back under $1300 once again with a last of $1293, and silver has been knocked under $19.50 to $19.45 on heavy volume the first day without an official London Silver Fix.  [Read more...]

Silver Manipulation is Failing – & Rickards is Wrong Once Again

UntitledJim Rickards made headlines today with an interview he did with Peter Schiff in which he claims that the gold held by the Fed is leased out several times over but is still sitting in the Fed vaults.
If that’s case, Jim, then how come the Fed won’t allow a physical audit?
If the Fed is going to perpetuate and legitimize a lie, at least show us the bars.
The Fed and the big banks who are undeniably engaged in trying to hold down the price of gold and silver on a daily basis now, are having trouble getting silver to die.   The reason:  India and China have been buying physical silver hand-over-fist: [Read more...]

Silver Derivative Shorts Prepare for “Force Majeure” Claims

We are approaching another “I told you so” moment.
Word is that just one day away from the end of the “Silver Fix” and the implementation of the new “London Silver Price” there are still no major participants and no information on how the new system works.
The plan all along was to destroy the pricing mechanism for silver! 
There is no physical silver market.  There never has been…so how can these new “London Silver Price” fixers even fake that there is any legitimacy at all in the pricing of silver?    Oh, they will try but they will fail miserably.
The TRUTH lies in a much more sinister operation yet completely obvious… 
The end of the silver derivative market and the claims of “Force Majeure” by the Silver Shorts due to the chaos caused by the switch over to the new benchmark.

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Bullion Banks: Unexpected Allies?

Indian goldMost investors buy gold because they are nervous about the financial system, government debt/bureaucracy, central bank money printing, and dangerous geopolitical developments.   In a nutshell, that’s the “fear trade” for gold.
The fear trade is a great reason to own a core position in gold now, and forever.   Gold should be the first item bought in any investment portfolio. That’s because lowest risk assets must be bought first, not the ones that appear to offer the most potential reward.
Ironically, it’s probably going to be the “love trade” (gold jewellery), not the fear trade, that makes the Western gold community a lot richer. [Read more...]

US Pillaged, Rothschilds Turn Sights On the Next Grand Prize: Russia

PutinWhen one utilizes the axiom, “Follow the money,” all roads lead to the Rothschilds and their formula of gaining control of a nation’s money supply and then making all the rules.  In the process of gaining control of a nation’s money supply, each country’s gold holdings were ransacked, and in the case of the US, the then world’s largest silver holdings were also stolen.
US Treasury Notes that were specie backed by silver and gold.  After the Federal Reserve Act was passed in 1913, the privately owned Federal Reserve bank, began circulating Federal Reserve Notes that were also specie-backed, to circulate alongside US -issued Treasury Notes until the 1930s, when Franklin Delano Roosevelt declared a “bank holiday.”  The US was forced into bankruptcy by the Rothschild elites, and the banks were reopened under direct control of the Federal Reserve central bank.  What was little noticed was that the specie-backing of gold and silver for the Federal Reserve Noted were quietly withdrawn.  At the same time, specie backed US Treasury Notes were withdrawn from circulation and destroyed!
The Rothschilds will not accept any competition.  The first stage of the world’s largest Ponzi scheme succeeded.  Next was the removal and eventual suppression of the price of gold, an ongoing activity by central banks.
Since the United States has been bled dry of all its gold and silver, and the fiat Federal Reserve Note has just about run its course as the world’s reserve “petrodollar” currency, the next grand prize is Russia

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The “Open Secret”: This Would End PM Manipulation Today

Jamie DimonIn my view, the manipulation (more accurately, “suppression”) of precious metal prices is the most recognized “open secret” in markets today. 
The “open secret” is that everybody knows the metal is not there.  They know that they are just trading “paper” not the real stuff.  Whether they publicly admit it or not, they know the game is rigged – that the prices of real gold and silver are nothing close to the prices that are quoted in future contracts.
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T. Ferguson Asks: Is The Fed Manipulating Oil Down in Economic War With Putin?

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With volatile trading around key support/resistance in gold & silver and geo-political tensions rapidly escalating with Russia, T. Ferguson of TFMetalsReport joins the show this week to discuss: 

  • Tuesday’s cartel raid which saw gold & silver smashed below key support at $1300 and $20, the reasoning behind it, and why gold is setting up beautifully for a run to $1500
  • Ebola pandemic?  Is the Ebola crisis dominating the news merely an MSM agenda, or are we looking at an imminent global pandemic the likes of which have not been seen in 100 years? 
  • Trade wars escalate as Russia bans food imports from Europe, Ukraine threatens to block Russian natural gas pipeline, meanwhile crude plunges 10%?  Why The Fed may likely be manipulating oil to the downside to harm Russia/Putin
  • Outside of new releases such as the 50 Year Anniversary JFK Gold Proof & RCM Bald Eagle , physical silver demand declines in the US as US Mint sales down substantially, yet physical demand is screaming in Asia as Shanghai silver inventories have been depleted by 90%- nearly 1,000 metric tons over the past year! 

You won’t want to miss this week’s Metals & Markets With The Doc, Eric Dubin, & T. Ferguson:  [Read more...]

Alasdair Macleod’s Market Report: Bear Raid Fails!

falling-bearPrecious metals periodically suffer from coordinated bear raids as the commercial shorts try to level their books. That appeared to be the case in recent weeks when the gold price was sold down from $1345 to $1280 last Friday. 
This week gold enjoyed a sharp recovery from the bear raid.
The remaining bulls are obviously resolute, indicated by the sharp upturn in open interest on an equally sharp price gain to $1320 Friday morning.   The signs elsewhere are not good for the shorts either, with physical demand in London appearing to have caught that market on the hop as well.
In conclusion, it won’t take much to squeeze the remaining shorts and drive the price materially higher.

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GLD Holdings Set to Surge

GLD(Editor note: the question is where will GLD find the physical gold to replace the inventory that was sucked East in 2013?)

The mighty GLD gold ETF’s bullion holdings have remained stable in 2014, an impressive feat.  Last year they suffered an epic outlying record plummet as the Fed’s stock-market levitation sucked capital out of alternative investments.  (and as the East sucked every ounce of AU out of the vaults)
This year’s resiliency in the face of the ongoing stock-market melt-up almost certainly means the bottom is in.  GLD’s holdings are set to surge as weaker stock markets entice traders back. [Read more...]

PM Fund Manager On Gold Market Manipulation: “It’s Worse Than You Think”

The United States would rather reveal its nuclear secrets than what it is doing in the gold market.   –  Chris Powell, Treasurer of GATA, on GATA’s inability to get information from the Treasury or the Fed under the Freedom Of Information Act

The U.S. Government has used up most, if not all, of this country’s physical gold holdings in order to manipulate the price of gold for the purposes of propping up the fraudulent U.S. dollar.
When this truth is finally exposed for all to see, it will go down as the greatest scandal in the history of the United States.

In reality, the gold manipulation scandal is much worse than you think. 
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Another Settlement – JP Morgan Receives Slap on the Wrist Despite Years of Fraudulent CFTC Data

Blythe Masters Jamie DimonWell it appears nothing has changed at the CFTC.   Less than two weeks ago we learned that former CFTC commissioner Scott O’Malia, who had fought hard against any new rules intended to reign in Wall Street practices, was leaving the CFTC to head one the biggest bank lobbying groups in the world, the International Swaps and Derivatives Association (ISDA). This is the exact lobbying group that had been pressing against new CFTC rules. 
So the CFTC claims it will be vigilant.
Like, for example, allowing JP Morgan to continue to issue fraudulent reports for well over a year despite repeated warnings, and then ultimately settle for a dollar amount that is probably equivalent to the Dimon family’s annual budget for toilet paper?   Yeah, that’ll show ‘em who’s boss!
You gotta love American justice.   JP Morgan gets off with another slap on the wrist.
As Glenn Greenwald noted, it’s Liberty and Justice for Some.
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ALERT: ISDA Announces that the New “London Silver Price” for Silver Derivatives is OPTIONAL!

The International Swaps and Derivative Association (ISDA) published their position on the changing of the “SILVER-FIX” with the new “LONDON SILVER PRICE” and the ramifications are earth shattering for silver derivative holders:
WHAT WAS ANNOUNCED WAS A SHOCKING “GET OUT OF JAIL FREE” CARD FOR THE SILVER DERIVATIVE SHORTS AND GUARANTEED TO THROW THE SILVER DERIVATIVE MARKET INTO CHAOS as none of the silver derivative contracts are legally binding after the London Fix ends August 14th!!
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