Bullion Banks Attempting to Set Up Specs to Take the Blame for Coming PM Futures Massacre!

silver smashThe disaggregated COT numbers reveal all the action last week was in the producer merchant, the evil bullion banks as we know them and “love” them (loathe them actually), and they added 5,960 longs and 7,018 shorts. 
The bullion banks are reaffirming their intention to massacre the metals price and they do this for no other reason than to encourage the speculators to purchase more shorts.  This is resulting in more and more commitment to the downside by the speculators who will be blamed for the crash to come! [Read more...]

Are Dimon & JPMorgan Throwing Blythe Masters Under the Bus?

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BlytheThe Doc & Eric Dubin are back for the Metals & Markets to discuss:

  • Gold & silver capped by the cartel at $1300 & $22- is a big move on the horizon? 
  • The Dollar’s death by a thousand cuts suffers numerous flesh wounds as Russia prepares major oil deal with China
  • The Doc updates listeners with the state of the physical gold & silver market in the US via the eyes of SDBullion- Silver Eagles live in stock with all the Authorized Mint purchasers for the first time in 2014!
  • Blythe Masters reportedly under investigation by Federal Prosecutors in Manhattan- will Blythe Masters be the first top level banker convicted in the aftermath of the financial crisis? 

 The Doc & Eric Dubin discuss all this and more in the latest SD Weekly Metals & Markets:

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Marshall Swing: Cartel Preparing Epic Gold Raid!

silver smashThere was a definite attempt last week by the cartel to dislodge the speculator shorts and cheat the people out of the notion of profiting from their intended plunge in metal prices.
In Silver we did not see much dramatic action.
BUT, what is not so dramatic in silver IS dramatic in gold.
In gold we saw a reduction in total open interest of almost 35,000 contracts!  That is almost 7,000,000 (yes you read it right) 7 MILLION ounces!
Notice the commercials have the lion’s share of open interest reduction, because if we add up the speculators reductions and additions, we see they are not quite a wash but absolutely MASSIVE open interest reductions on the part of the commercials.  To what end?  Just to drop the gold price a little?  I don’t think so.
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Koos Jansen On Why China is the Gold Manipulation Culprit!

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Caption Contest 1Asian gold demand expert Koos Jansen joins the show this week to discuss why:

  • In the End, Everyone Will Rush to Gold!
  • Gold Will Rise to At Least $1600 in 2014 on Chinese demand
  • Gold to replace US dollar as global reserve currency
  • Cartel smashes metals on FOMC taper, but gold completes “Golden Cross” Friday
  • Koos makes the case why he believes that China Is The Real Gold Manipulation Culprit, while Eric argues that the evidence points to the US gov’t 

The SD Weekly Metals & Markets with guest host Koos Jansen is below: [Read more...]

Gerald Celente: Banker Suicides the Prequel to Global Collapse

bankster AssassinationsWith another JP Morgan banker falling off a roof, the Trends Journal’s Gerald Celente discusses “the JPMorgan criminals” and states that the only bankers turning up dead are young lower level executives, and speculates that the high level executives are “cutting off the links that go to the top” as “you don’t rig LIBOR & FOREX without the people at the top knowing about it!
Gerald Celente’s full MUST WATCH interview dissecting the recent string of bankster “suicides” is below: [Read more...]

JPMorgan Sells Commodities Unit to Mercuria for $3.5 Billion

JP Morgan Dimon MastersIt appears that silver investors’ days of deriding Blythe Masters as the face of JP Morgan’s alleged gold & silver manipulation may be over, as Jamie Dimon has formerly announced the sale of JPM’s commodities division to Switzlerland’s Mercuria for $3.5 billion.  
The Morgue will however reportedly continue its global commercial gold vaulting business, as well as financial products (derivatives) and will continue to “make markets“. 
Perhaps Blythe should re-apply for a position at the CFTC?  [Read more...]

Another JPMorgan Investment Banker Jumps to His Death

JPM deathThe string of recent banker “suicides” continues as 28 year old former JP Morgan investment banker John Bellando has reportedly jumped from his 6th floor East Side apartment balcony to his death [Read more...]

Former Treasury Official: One Day the Chinese Will Buy 100 Tons of Gold, & We Won’t Be Able to Make Delivery

EmptyVaultFormer Assistant Treasury Secretary Dr. Paul Craig Roberts thinks the Neoconservatives in the U.S. government want war in Ukraine.  Dr. Roberts says, They definitely want war, of course. They’ve wanted it ever since Reagan was President.  The Neocons were always saying we have to attack the Soviet Union, and Reagan said we are not going to win anything, we are going to end it.   The Neocons got to where they really disliked Reagan because he wouldn’t take advantage of Soviet weakness to attack them.  So, they are war minded.  They produce documents that say nuclear war is winnable.  So, they are basically crazy people; and, yet, they have determined the course of foreign policy since the Clinton Administration.  Under George Bush, they controlled the show; and today, under Obama, the Neoconservatives control it.
On gold, Dr. Roberts says, “To protect the dollar from Quantitative Easing (QE), the Fed is selling naked shorts in the gold market to keep the gold price from rising so rapidly that it exposes the worthlessness of the dollar. . . . The physical stock of gold in the West to meet delivery demand is diminishing rapidly.  So, one day the Chinese will buy 100 tons of gold, and we won’t be able to make delivery.  That would crash the system.  It would just pop.  So, there are things that could crash it suddenly.  Regardless . . . the economy is going to gradually sink because there are no jobs, or no good jobs. . . So, there is not a recovery.  The U.S. is a busted state.  It’s completely busted.”   [Read more...]

Bank Participation Report Reveals JPMorgan Engaging in a Civil War, Goes Long Gold!

Blythe Masters Jamie DimonThe Civil War in gold continues. JPM Morgan is still NET LONG 45,000-50,000 contracts. The other 23 banks are desperately shorting gold, attempting to cap price and keep it below the technically-critical $1350-1360 area.
Which side will win in the end? That’s hard to say but I certainly think it would be foolish to bet against the ultimate Masters of Darkness. I mean, seriously…the other 23 banks continue on as if it’s business as usual…selling while prices rise and covering on dips…while JPM maintains it’s NET LONG position acquired while price from $1800 in October of 2012 to $1200 in June of 2013.
Clearly, the other 23 banks have a lot of ammo left to use to contain rallies,  but the key to 2014 and beyond continues to be JPMorgan. What will they do with their NET LONG position? Will they flip it back to NET SHORT? Will they stand for delivery?
Will they <gasp> actually 
add to it on continued price strength? 

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Death Finance: Bankers Have Never Been So Insecure

Reuters / Eduardo Munoz

A remarkable uptick in banker suicides has raised questions with at least 6 suspicious deaths in recent weeks. Two men jumped from the top of JP Morgan skyscrapers alone (one each in London and Hong Kong).
Some observers reckon the current situation resembes a gripping 2009 thriller, “The International”, which chronicled a fictional investment bank doing dubious deals and murdering with alacrity. Banker deaths in 2014 are thus being seen as allied to a massive conspiracy.
Pending toxicology reports on a third JPMorgan death, and even if we dismiss the death of a Tata motors MD in Thailand, a remarkable number of dubious deaths/suicides have occurred in recent weeks, alongside some unexplained disappearances. 
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Eric Sprott: Bankers Manipulate Precious Metals to Make Bonuses!

There have been some very interesting developments in the precious metals markets.  BaFin, the German regulator came out & said that the main regulator said that precious metals are manipulated worse than LIBOR and that word “worse” is a very significant word in my mind.
Then when you think about some of the chronology for BaFin, they announced in the middle of November that they were going to investigate the possible fixing of gold prices or manipulating of gold prices on the London gold fix.
On the very next day, Deutsche Bank declined to continue being a member of the fixing of the London bullion market. When you think about what must have happened, my own feeling is that the regulator probably went back to Deutsche Bank having looked at their records and said, “Do you know what your boys in London have been doing here?” And of course the next day they quit the LBMA…
If you think about manipulation, there’s only one reason in my mind that bankers manipulate things. They don’t manipulate them for the bank to make money. They manipulate them for the employees to make bonuses.

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Gold Rigging Goes Mainstream: FT Reports Evidence of “Collusive Behavior” on London Fix!

Jamie DimonThe Financial Times reports this morning that global gold prices may have been manipulated on 50% of occasions between January 2010 and December 2013, according to analysis by Fideres, a consultancy.
The findings come amid a probe by German and UK regulators into alleged manipulation of the gold price. Prices are set twice a day by Deutsche Bank, HSBC, Barclays, Bank of Nova Scotia, and Societe Generale in a process known as the London gold fixing.
Fideres’ research found the gold price frequently climbs, or falls, once a twice-daily conference call between the five banks begins, peaks or troughs, almost exactly as the call ends, and then experiences a sharp reversal, a pattern it alleged may be evidence of “collusive behavior.”
Fideres concluded that this “is indicative of panel banks’ pushing the gold price upwards on the basis of a strategy that was likely predetermined before the start of the call in order to benefit their existing positions or pending orders.”
The behavior of the gold price is very suspicious in 50% of cases. This is not something you would expect to see if you take into account normal market factors,” said Alberto Thomas, a partner at Fideres.

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Banker Clean-Up: We Are At the Precipice of Something So Big, It Will Shake the Financial World to its Core!

banker jumpI feel that this is one of the most important investigations I’ve ever done. If my findings are correct, each of us might soon experience a severe, if not crippling blow to our personal finances, the confiscation of any wealth some of us have been able to accumulate over our lifetimes, and the end of the financial world as we once knew it.  The evidence to support my findings exists in the trail of dead bodies of financial executives across the globe and a missing Wall Street Journal Reporter who was working at the Dow Jones news room at the time of his disappearance.  If the bodies were dots on a piece of paper, connecting them results in a sinister picture being drawn that involves global criminal activity in the financial world the likes of which is almost without precedent.  It should serve as a warning that we are at the precipice of something so big, it will shake the financial world as we know it to its core.
Although the trail of mysterious and bizarre deaths detailed below begin in late January, 2014, there are others. Not only that, there will be more, according to sources within the financial world. Based on my findings, these are not mere random, tragic cases of suicide, but of the methodical silencing of individuals who had the ability to expose financial fraud at the highest levels, and the complicity of certain governmental agencies and individuals who are engaged in the greatest theft of wealth the world has ever seen.
We appear to be witnessing a clean-up where JPMorgan and Deutsche Bankers are at the epicenter of it all.
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Jim Rickards on PM Spike: That’s What Happens When You Take Manipulators’ Toys Away

Jamie DimonJim Rickards on gold & silver’s continued rally overnight Sunday and early Monday while the banks & COMEX are closed:
That’s what happens when you take manipulators’ toys away! [Read more...]

Alert: At Least 20 Bankers Now Dead!

morgan willieThe sudden rash of bankers expiring in mysterious ways has been well documented at SD Jim Willie revealed to SD readers that we are seeing bankers removed who are on the verge of revealing big data details on FOREX bank fraud.
News of the latest JPM banker to be found dead (Ryan Crane, the Executive Director of JPM’s Global Equities Group) went viral after European banking source V claimed that Crane & the JPM London banker who fell from the top of JPM’s London HQ last weekknew each other & had uncovered something“.
If the bombshell news the investigative journalists at Infowars have just released is accurate, it appears that the number of bankers found dead in the past several weeks has now swelled to over 20, and includes a slew of mid-level bankers as well as the top level execs that have been chronicalized on SD.
Gerald Celente & Alex Jones discuss the news that the number of dead bankers has now reached 20 below:
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