down gold

For some reason(s), the companies that mine precious metals have been strangely silent on the topic of gold and silver manipulation.
To many of us, the lack of interest displayed by mining executives on a topic that literally affects their companies’ bottom lines – and perhaps even their ability to remain in business – is both bizarre and frustrating in the extreme.

Why won’t the miners fight back against gold and silver manipulation? 

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Silver and gold prices continue to deteriorate as the speculators continue to buy up shorts and the commercials were able to wrest all higher priced longs from them in short covering, depressive episodes which, repeated in nature, have convinced the speculators prices are going much further South, and soon.
The important thing for the powers that be to do now is to reinforce the negative thinking on the part of speculators and anyone with interest in physical metal as they want it all for their one world currency backing, and they want it at low prices.
When prices do go below $17 we are going to begin to see foreign governments coughing up physical into the market as they will embrace all things paper and the promise of far greater returns on investment and protection from inflation for their people while watching the DOW eclipse 18,000, then 19,000 then…20,000.
If you believe Martin Armstrong, we will see DOW in the high 20,000s maybe even break 30,000.
All will seem well in the world of paper until merely days before the planned economic collapse of the world’s derivatives and bonds, and lastly all currencies.

comex silver

It’s so blatantly obvious that even a caveman can see it

The front month silver contract on the Shanghai Futures exchange is currently trading at an 8% premium to the LBMA price and the futures curve there is in backwardation, indicating a very tight physical market.
Roughly 80% of the physical silver from the SFE vaults have been removed.
On the Moscow Exchange, silver trades at a 16.8% premium to the LBMA price.
But this is what we get in the lawless United States:

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Dave,  NOBODY IS TALKING ABOUT THIS!!!  Everyday at 8 to 830am this happens… oh gold trades  fine all night and then Bang. We should short it at 745am eastern…

That quote is from an email I received this morning from an executive at a gold/silver/copper mining company.
How come no one discusses that fact that, day after day, silver and gold trade flat to higher when the eastern hemisphere is open but, for some reason, as soon as the Comex trading floor opens, the price of gold and silver get demolished:

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.

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: 

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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: 

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. 

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:

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.

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.

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

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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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: 

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.