manipulation

Apparently, the delay in publication of the blockbuster story on PM manipulation involving gov’t collusion by renowned financial journalist William Cohan comes down to this:

silver demand

GATA Chairman Bill Murphy joins Finance & Liberty for an in-depth interview discussing: 

- Why Manipulation of Gold & Silver Prices have de-coupled from the fundamentals
– Current Gold & Silver Fundamentals and Outlook going forward
- Why NOW is an historic opportunity to acquire physical Gold & Silver
Murphy’s full interview is below: 

silver rush
Play

Gold & silver expert Harvey Organ joins us this week for an explosive and power packed show discussing:

  •  Criminal collusion by the CFTC officials- how CFTC knew what was going on with gold & silver manipulation, and wanted to keep the price suppression game alive while China corners the market
  • More pain ahead for gold & silver?  Why Harvey believes the whacking will continue until the last ounce of gold and silver are gone
  • Shanghai silver drain accelerating- with stocks down 93% since 2013, Shanghai vaults will be BONE DRY by December!
  • Harvey predicts the bullion banks are about to ATTACK THE COMEX- does the long awaited PM default loom in 2015?

The SD Weekly Metals & Markets With special guest Harvey Organ is below: 

gold manipulation

Last week we published a note from our good friend Ned Naylor-Leyland regarding a “bombshell development” in the PM manipulation story, calling for renowned financial journalist William Cohan to publish his in-depth expose of gold and silver manipulation by the Western banking cabal.  
Bombarded by emails from precious metals investors, Mr. Cohan has responded.
It appears the ball is not in his court…

Caption Contest 1

Last week saw gold rally $15 to $1233 on Tuesday before sliding to $1207 yesterday morning, then rallying in the afternoon. Silver’s moves tracked gold’s, bottoming out at $17.30 Thursday at the London opening.
Friday morning precious metals were firmer in pre-LBMA trade, reflecting some short-covering ahead of the weekend.
The action, as has often been the case recently, is in paper markets with hedge funds shorting gold and silver against a strong dollar.   This can be readily seen in the following chart of Managed Money shorts on Comex, which is back in record oversold territory.  The chart of silver is similar:

swan end

Precious metal investors have long been second-guessing themselves, due to false alarms. Many, many false alarms.  They are, quite honestly, shell-shocked.  Even the mention of the next “event”, now simply makes them angry, both at those telling them about the importance of the events, and at themselves for “believing this stuff in the first place”.
They feel jaded.  They feel foolish.  They feel betrayed.
While I totally understand and empathize with those feelings, they’re forgetting to set that anger in the rightful place: right at the feet of the board of directors of the Federal Reserve.  They are failing to channel and harness that anger and outrage, and use it for something positive, like stacking.
The thought never occurs to many of them, that if they simply put even a little bit more into gold or silver at 30% and 65% discounts, respectively (from their highs 3 years ago), that their investment cost in those metals would take a dramatic plunge.  They fail to see that they could become much stronger hands than they are now.  None of that matters to them anymore, they’re tired of “being played”, by their emotions, and by “shysters”.
In fact, for many of them, stacking is now the last thing on their minds.  Many are now simply waiting for the next miraculous rally, so that they can mercifully dump those positions at the prices they bought them at.  Many will sadly do this too, just as the Bird lands, and the Great Flood washes everything else away.
The Black Swan is real, and it is coming, just don’t bother looking for it.

Fed whistle blower

In September 2013, just 24 hours after Andrew Maguire went public with revelations of two actual JP Morgan whistle-blowers in the silver manipulation case, the CFTC quickly and summarily closed what had been an ongoing, 5-year silver market investigation. In a curious development, just two days later the chief investigative officer of the CFTC, David Meister, suddenly resigned his position and left the agency.
Case closed.

Fast forward to yesterday…

Blythe Masters Jamie Dimon

As far as the beat-down going, I’m ecstatic over it…the Chinese, Indians and Russians are taking every single piece of gold off of the market that they can get their hands on…I say take it to zero, take it to $5 – I want it to go down…if it goes to $15, I’m definitely backing up the truck because I know in my heart of hearts that [physical] silver and gold are running out and the only physical metal that’s left is primarily going to China, India and Russia and I want to get my share before they get it all.
PM Fund Manager Dave Kranzler joins the SGTReport for a MUST LISTEN interview on the banksters smashing silver to a new 4 year low and discusses what’s next for the metals- how low can silver go despite the very real demand for PHYSICAL metals throughout Asia?

the end

All analysts aren’t created equal. 
Precious metals experts, though largely honest and helpful, are normal folks, just like you.  They provide valuable insights, entertaining content, and helpful guesswork, but those insightful guesses are not always correct.  In fact, lately they’ve been far more incorrect than correct, due to manipulation being cranked into overdrive.
Look, we all know that the big picture for the world financial and economic system is a terribly bleak one. We all know the Great Reset must come.  The entire world financial system is malevolent, built on fraud, and is, mercifully, unsustainable.
It has to end: but that doesn’t mean it has to end tomorrow.
So, with that in mind, here are some takeaways to hold onto, the next time you hear talk of “the end being near”.

Bernanke-Dimon-Fed-Tunnel

In this 20 page MUST READ report, Tocqueville’s John Hathaway breaks down why The Fed denied Germany’s gold repatriation request, the disappearing COMEX gold (with registered inventories currently at their lowest total since 1998), synthetic vs physical gold (rehypothecation vs the real thing), dark pools of London, gold as a source of bullion bank funding, the creeping collateral grab, and why YOUR LIQUID WEALTH IS NAKED!
Do You Know Where Your Gold Is? 

manipulation

The Banks are Literally Arming us with Greater Firepower
Remember all the way back in April 2011, when price action was getting really fun, and stackers were feeling all-powerful?   Silver was literally moving up $1 a day, for crying out loud!  For weeks!  JP Morgan was running for the hills, we were literally unbeatable, right?

There was only one problem: buying more silver was getting a little costly!  A crisp, new $100 note only allowed you to walk away from your local coin shop with two measly coins!
But now?  Haha, now that same Benny Frank note will allow you to walk away with 5 coins!  This is astounding, JP Morgan, who is subsidizing your silver purchases, has increased your firepower to obtain this timeless treasure by 150% in just 3 years!
Because of these reasons, and many more, I no longer fear lower silver prices, I welcome them.

I know that the lower silver goes, the worse that silver prices will dislocate and decouple in other global silver exchanges (as is happening in Shanghai right now). I know that the longer(and lower) that JP Morgan and their co-horts can make this last, the less silver they’ll have to dump onto the market when it all finally snaps.   I know that the lower silver goes, the more firepower that the resolute silver stackers have.
In short, I’ve turned the enemy’s “greatest weapon”, into one of my greatest comforts!

beach ball

I honestly do not know the extent to which the western Sicilian Mafia-like elitists can continue their manipulation of the gold and silver markets using unbacked paper gold/silver.  No one really knows. I do truly believe that the action we’re seeing now reflects extreme desperation by the Fed/DC to keep a lid on the price of gold using paper AND to keep a floor under the S&P 500. After all, it’s not just the precious metals markets that are being tightly controlled. But that’s where it starts (think: Exter’s Pyramid).
The instant they take their foot off the gold market, gold will snap higher than anyone can imagine. Along with that will be an instantaneous release of all the information contained by the warning signal that a rising price of gold transmits about the total rot and decay going on beneath the fabricated surface of our system.
Eventually these criminals will lose control of their ability to keep a floor under the SPX and a ceiling on the metals.
But I also am convinced that will be the point at which all hell breaks loose and the result will not be pleasant for anyone, even those of us who are somewhat prepared for the inevitable.
I’m sure this is why the U.S. Government is working overtime trying to create global military conflict and why it has re-invented the “war on terror.”

My best, best-est advice is to just keep moving money into physical metals, keep your metals out of the hands of any custodians (banks, brokerages, etc) and hope for the best by praying I’m wrong about what’s coming at us.

Gold stocks have plunged in September, crushed by the withering selling pressure from heavy futures shorting hammering gold.  As usual, these falling prices have kindled extreme bearishness on this left-for-dead sector.
But despite this rotten sentiment, gold stocks’ young upleg remains very much intact technically.
This impressive resiliency is fueled by these miners’ incredibly-cheap fundamental valuations.

treasure the moment

Is there anything SPECIAL about this week?
Summer officially ends September 21, 2014 and September 22, 2014 is the First Day of Fall — In More Ways than One!
Sept. 22 is known among aficionados of various and arcane market indicators as the day pinpointed by the late technical analyst, W. D. Gann, when markets are more likely to reverse than any other day of the year.
Treasure the Moment as summer ends and Gold trades in the low $1200’s and Silver at $17; for a Runaway Bull Market follows!