Friday, November 29, 2013

Government Interventions In Gold Market: "The Double Face of Gold" GLD, MUX, TNR.v, GDX

    

  Update:

  Here we go with the Catalyst for Gold and Silver prices on the backdrop of Japan/U.S. and China Air Cold War style escalation, India is slashing Gold and Silver tariffs unable to fight the smuggling in the country.


Tariff value on imported gold, silver slashed



  We have the second part of the interview with Dmitri Speck revealing the ongoing Government interventions in the Gold market. This view from Europe on the Gold Cartel and Government Interventions in Gold market is particularly important now with the announced investigations in the Gold Market manipulation by German and UK financial regulators.


Gold Manipulation - Kissinger: "Why is it against our interest to have gold in the system?" GLD, MUX, TNR.v, GDX

"We continue our research about the Gold price suppression: who is doing this manipulation and why. With Bitcoin crossing $1000 and other crypto-currencies going parabolic we can see the hunger for the FIAT alternatives. We think that despite all very positive developments introduced by Bitcoin it is in a Bubble stage now due to its unbelievable vertical rise. Its bust will bring attention back to Gold and Silver and next step will be the introduction of crypto-currency backed by Gold - it will be the real game changer.
  So far China is using all these games with Gold price suppression to accumulate Gold and this year we see the record buying. Announcement of its Gold reserves can bring the very sobering reality to the financial markets. China will not accept Bitcoin for its Treasury redemption and it is not going to increase its reserve holding any more. US Dollar is losing its Reserve Currency of choice status and all recent "flyover games" just confirm U.S. financial vulnerability in line with Sirya and Iran developments."

The Coordinated Effort To Suppress The Gold Price GLD, MUX, TNR.v, GDX

"We have another view - from Europe this time - on the ongoing Gold manipulation, its mechanics and the motivations behind it. UK financial authorities have launched the investigations in the Gold market manipulations now. We do not hold our breath here, but hope that they will get at least this information for consideration. 
  Manipulation is conducted on everyday basis with the aim to drive the Gold fixing price in London down and get access to physical Gold, which could be sold at a premium at the next trading day in Asia. "This arbitrage" was a normal source of profit for LBMA banks, but now starting from April of this year we have the additional waterfall smashing of Gold in order to manipulate the QE inflation expectations in the market."

Bitcoin Has Reached Parity With Suppressed Gold And Crashed GLD, MUX, TNR.v, GDX

"We are witnessing the watershed events in the financial markets these days. Bitcoin has reached the parity with Gold today crossing $1242 before crashing to $1000, now it is back to $1178. We will repeat: congratulations to everybody who bought it cheaper and is able to sell now. Bitcoin exorbitant rise  show the future for the real alternative to FIAT currencies. Its spectacular fall will drive attention to the real value: Gold and Silver. With new revelations from Kissinger about the Gold Suppression, rise of Bitcoin demonstrates the unleashed potential for Gold and Silver free of manipulation."


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