Gold And Silver Are Set Up For A Huge Move
While gold was unable to sustain its move over $2,000, for now, the overt price intervention efforts over the last 4 weeks have, at best…
Continue readinggold swaps
Bank for International Settlements Activity In Gold Market Rose Again In August
The use of gold swaps and derivatives by the BIS has been extensive…
Continue readingBIS Gold Swaps SOARED In July, May Be Highest Level Ever
The BIS’ use of gold swaps and derivatives has been extensive…
Continue readingGold intervention by BIS held steady in March and April as study hints it’s done for Fed
The BIS long has acted on behalf of the Federal Reserve and has done so via swaps and crucially has been prepared to take on credit risk. This invites…
Continue readingHarvey Organ: Gold SCARCE, Central Banks Are Calling In ALL Of Their Gold leases
Harvey notes some interesting things about lease rates in today’s update…
Continue readingGold Markets Again Haunted By Signs Of Paper Versus Physical Dislocation
Comex was just rescued with gold from JP Morgan…
Continue readingGold Market Intervention By BIS Is At Highest Level For Nearly A Year
Since May 2019 the BIS, which represents most central banks, has increased its use of gold swaps and other gold-related derivatives by more than 400 percent…
Continue readingWhy not call the BIS before contriving explanations for gold’s direction?
Practically every day prompts market analysts to contrive explanations for movements in the gold price, no matter how implausible…
Continue readingEx-Fed Governor Admitted Secret Gold Swaps & Market Rigging Is Candidate For Bank Of England
He acknowledged that the Fed has secret gold swap arrangements with foreign banks…
Continue readingBy Not Renewing The CBGA, Central Banks In Europe Are Ready To Buy Gold
There most likely is an unpublished agreement among the participating central banks not to buy any gold, but this private agreement is now being torn up…
Continue readingECB Announces That 20 Year Old Gold Sales Agreement Is Over
The ECB made a surprise announcement about a 20 year old gold sales agreement…
Continue readingHarvey Organ: $20 SILVER BLOWS-UP THE BANKS BEFORE THE END OF 2019!
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A $10,000 gold price, EMPTY vaults, bank holidays, and the GLD & SLV going belly-up! Harvey explains in this explosive interview…
Continue readingBIS’ Activity In Gold Market Continues To Diminish
Recent activity in the gold market is much reduced…
Continue readingDeutsche Bank & Citi Foreclose On Venezuelan Gold And FX Market Rigging Banks Pay More Fines
An “event of default” had occurred due to the sanctions, as established in agreements underpinning the gold swap deals. Here’s more…
Continue readingTraderStef: The GLD is Merely a Passage With No Manipulative Influence on the Gold Price
Despite a treasure trove of public information and a prospectus, some folks still promote false narratives about the GLD manipulating the price of gold…
Continue readingThe BIS And The GLD – Craig Hemke
“This would explain both the counter-intuitive crash in GLD inventory that began in late January as well as the counter-intuitive smash in price that…”
Continue readingBank For International Settlements Gold Swaps Rose By 56 Tonnes In February
Monthly statements of account published by the Bank for International Settlements indicate that the bank is still actively trading gold swaps…
Continue readingThe Italians Want To Sell Some Gold: Well Now, There Might Be A Problem With That
Oops, another country did it again! Italy thought it had some savings in real, physical gold, but as the oh-so-true saying goes, “if you don’t hold it…
Continue readingA Former London Gold Insider Talks About Central Bank Gold Swaps And The Gold Price-Rigging
“…this process created a supply of ‘paper gold’ — sometimes but not always marked to market — that had a depressing effect on the gold price.
Continue readingIs The Bank Of International Settlements Using Swaps to Recover Central Bank Gold?
The Swaps make the BIS long unallocated gold and short allocated gold, which seems a strange position for the supposedly conservatively run central bank…
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