Few analysts are watching the evolution of the COMEX/LBMA markets as closely as Jesse (Jesse’s Café Américain). Both markets are where the gold spot price is determined and a lot of paper gold contracts and physical gold movement are involved. So it’s important to watch both markets waiting for a potential default event that would start to free the determination of the gold price from manipulation. In this interview with Jesse, we discuss the issues at the very center of the gold market today : COMEX/LBMA manipulation, default event and how investors should react to the long correction in precious metals. [Read more...]
In this interview with unconventional finance’s Elijah Johnson, Bill Murphy of GATA how a Fed tapering of QE would likely affect precious metals, whether China is involved with gold suppression, and what GATA believes will happen in the gold & silver markets that will finally expose JPMorgan’s alleged manipulation of the PM markets.
GATA’s Bill Murphy on Taper & PM manipulation is below: [Read more...]
Jeff Nielson from BullionBullsCanada joins the SGTReport to discuss how to END the endless corruption in the precious metals markets. We cover the Rothschild’s ONE BANK, Bitcoin and everything in between. Jeff says he thinks the Rothschilds will SMASH Bitcoin which has emerged as a rival to their fiat empire. How does Jeff know this? Because he says that’s exactly what he would do if he was a Trillionaire Bankster.
As for physical precious metals which have suffered a brutal year, Jeff says, “ONE BANK wants to keep people out of the precious metals sector at ALL COSTS and so it is doing literally everything in its power to discourage people from putting their money in gold and silver. So ask yourself this, if the Bankers want you to get your money out of gold and silver, more than anything else in the world, then isn’t gold and silver exactly the place you want to be?” [Read more...]
JPM wants their gold back before the current fractional reserve bullion banking system breaks, prices skyrocket again and a new global currency regime takes hold.
And now, for the first time ever, they’ve cornered the Comex gold futures market in order to ensure that it happens. [Read more...]
DON’T MISS THIS ONE: “We are on the cusp of something historic happening on the Comex,” says TF Metals Report’s Turd Ferguson.
In this SGTReport roundtable discussion which also includes the Doc from Silver Doctors, we examine the strange recent purchase of gold contracts with a $3,000 strike price in 2015. We cover the PROVEN Gold and Silver manipulation with the London fix, we chat about the new gold-backed crypto-currency known as e-gold, and we finish with the gripping story of the very real drain of PHYSICAL from the Comex.
According to Turd, ‘We know that for the first time anyone can remember, the US banks are net long Comex gold futures, US banks meaning JP Morgan. And net long to the point of having CORNERED the paper gold market in New York because the position is so large. I’m talking the extent of 20% of open interest. And now we’re heading into the December delivery period… [Read more...]
The #AskJPM debacle that JP Morgan cancelled earlier this month due to embarrassment and humiliation regarding the mountain of questions they received in regard to their criminal actions provided a gift to all of us: The blueprint to rein in criminal banking behavior by the banksters. [Read more...]
The federal government’s $13 billion settlement with JPMorgan Chase is being widely touted as a major step towards Wall Street redemption. But like so many settlements before it, this deal has much more bark than bite.
A bit of opening perspective: The $9 billion cash fine component represents just three-tenths of 1% of JPM’s $2.44 trillion of assets.
But it’s not just about the money. The intent of the settlement relates to something in which JPM has a vested interest, as does the Federal Reserve: keeping the prices of mortgage-backed securities from imploding yet again. [Read more...]
In this excellent interview, our friend T.F from TFMetals reports joins Perpetual Assets to discuss the latest gold take-down.
TF discusses the motives for the massive gold take-down that began in April in the wake of the Cypriot bail-in, stating that the metal HAD to be taken down to allow the bullion banks to cover their historic short positions which were in jeopardy of being obliterated.
TF’s full interview is below:
The financial mainstream media has an ongoing love affair with JP Morgan Chase, the alleged largest culprit in a massive precious metals conspiracy.
The level of fraud in the financial system with utter lack of prosecution or accountability, combined with the ongoing love affair between the largest offenders and collective mainstream, results in financial media being a victim of the so-called Stockholm syndrome. [Read more...]
This latest move in eligible gold deception at the COMEX is so brazen in its audacity, even I am stunned. But, since no one else is talking about it, maybe I’m just crazy. Let me lay it out for you and you can decide for yourself.
This is NOT business as usual. The extraordinary and counter-intuitive price raids, the massive depletion of the GLD, persistent backwardation in the GOFO rates and JPMorgan’s cornering, 70,000-contract, NET LONG gold futures position all warn you that we are in uncharted territory and major changes are afoot. This eligible gold deception currently being employed by The Comex is just another indicator.
By the looks of it, the end of the fractional reserve bullion banking system is rapidly approaching.