Andrew Maguire: Gold Smashdown, FED Defends The Dollar And How Goldman Sachs Operates. GLD, MUX, TNR.v, GDX

  

  Andrew Maguire presents to us the chronicles of ongoing war behind the curtain with FED defending the US Dollar at the crucial level 80.00 and how the FED's #1 Gold Prime Dealer Goldman Sachs operates in the Gold market. Now we have more information on why Goldman Sachs has issued the Sell Call on Gold last Wednesday. 

   All these revelations will never lead to the higher Gold prices without Buyers and one can argue that this manipulation can go forever. According to the Andrew Maguire the key crucial difference now is that Central Banks are buying and, particularly, China is taking all available Gold for physical delivery now.

Andrew Maguire Interview.

Peter Schiff: Debt Ceiling, Gold, and Janet Yellen - Hype vs. Reality GLD, MUX, TNR.v, GDX

"Peter Schiff gives us a great big-picture view on the latest developments in the markets and, particularly, ongoing Gold manipulation.  Separating the Hype vs Reality he provides the explanations on the Janet Yellen's real track record and her intentions, describing the implications of her ascendancy to the FED Chair for the ongoing debasement of US Dollar and Gold."

Catalyst: Uncovering China’s Rush for Gold GLD, GDX, MUX, TNR.v

"While a lot of people are still wondering why the Gold is beaten down again, it is important to keep the big picture in front of you. As it is happening with Copper now the main player in this market is the same - China is on track to implement state level plan to diversify US Dollar based assets.

  We would like to share with you brilliant report conducted by Jan Skoyles on this subject."

Central banks to add $15B in gold this year GLD, GDX, MUX, TNR.v

  As we have discussed before: we will see very soon who is selling and who is buying Gold this time. We have very important trend change in the Gold market: after years of Selling Gold Central Bankers all over the world are Buying Gold now.
  All these estimations could be proven to be very low, as China is accumulating Gold via different sources in order not to run up the market. Stephen Leeb is talking that "Chinese are looking to buy another 5,000 tons of Gold". 
  With Goldman Sachs and other investment banks we already know that they will be buying all the Gold that advised clients will be selling for sure.
  The quote of the day is related to the copper M&A activity from China, but it says it all:

McEwen Mining & TNR Gold: Las Bambas Copper Bidding From China Heats Up TNR.v, MUX, LCC.v, GDX, CU

“It is a good choice to invest in mining assets, which is a much better choice than investing in one government’s bonds – especially when this country cannot guarantee to pay even its own employees”

 Gu Liangmin, head of copper at Minmetals.

GATA: China publicized Western gold market rigging just hours after April smash

  

  

  We continue to put our puzzle together on Gold market manipulations and The Wealth Transfer of the century organised by the Central Banks. GATA has reported this week very important information confirming our previous discussions and showing why China is accumulating all the Gold they can get now.

Rothschild Conspiracy International Banking Cartel and The Federal Reserve

"These days Cartel is feeling the heat at least in the Gold market, but will we ever have the real choice and free markets -  you will decide. We will provide as much information as we can that you will not be left behind during the Great Wealth Transfer of this century and will understand the place for Gold in this ultimate Ponzi scheme run by the  Central Banks."

Silver & Gold - Hidden Secrets Of Money - Seven Stages Of Empire

What Is Our Money And Why China Plans To Move To A Gold Backed Yuan Currency.

"We have more and more news coming out about the tectonic shift in geopolitical landscape and ongoing Currency Wars. China learns very fast, even if Maestro Greenspan has already forgotten the ancient wisdom. Further education will help to understand our flawed monetary system and the value of gold for the investors even if Bernanke, who is busy destroying the US Dollar with the FED "does not have any clue about it."

Gold Manipulations: GATA's Chris Powell on Suspicious Activity at the BoE & JP Morgan's Commodity Exit

"The story about "Missing 1300 Tonnes of Gold from BOE" is making its way to the mass media.  Situation for LBMA participants is getting from bad to plain desperate according to the findings by Alasdair Macleod and ZeroHedge."

GATA:

China publicized Western gold market rigging just hours after April smash

Submitted by cpowell on Thu, 2013-08-15 01:39. Section: Documentation

9:55p ET Wednesday, August 14, 2013

Dear Friend of GATA and Gold:

On April 16, just hours after the smashing of the gold price by the dumping of so much gold and gold futures that it could have been instigated only by Western central banks, the Chinese government news agency China Network Television appears to have published a long commentary reasserting China's awareness of the constant efforts of Western central banks to rig the gold market by leasing gold.

Diplomatic cables from the U.S. embassy in Beijing to the State Department in Washington, published by Wikileaks in 2011, extensively quoted Chinese government press reports from 2008 and 2010 about Western central bank efforts to suppress the price of gold to support the U.S. dollar:

http://www.gata.org/node/10380

http://www.gata.org/node/10416

What seems to be the new Chinese government press commentary, posted this week by the blogger Koos Jansen at his Internet site, also notes the difficulty of the German Bundesbank in retrieving the gold it has vaulted at the Federal Reserve Bank of New York. An Internet translation of the Chinese commentary that has been posted by Jansen is, predictably enough, largely incoherent, Chinese requiring a lot more massaging into English than computer programs can yet do well, but the translation is enough to show that China is scrutinizing the gold market, is familiar with the latest developments and details, and long has known exactly what is going on.

Indeed, it may be suspected that China actually cooperated with the Western central banks' smashing of the gold price in April on the understanding that China then could join in the purchase of sharply discounted gold unloaded by panicked Western investors. The Chinese government also may have chosen April 16 to publicize Western gold price suppression to a domestic audience so that its own people would not be panicked out oftheir own gold. Of course the Chinese were panicked only into besieging gold shops to get still more metal.

Russia's central bank, the Bank of Russia, signified its awareness of gold price suppression by Western central banks via a speech by its deputy chairman, Oleg V. Mozhaiskov, to a conference held by the London Bullion Market Association in Moscow in June 2004. Mozhaiskov credited GATA by name, "Gold Anti-Trust Action Committee" being the only words he spoke in English during his presentation to the LBMA. It was as if he was telling the London bullion bankers that Russia was now on to them:

http://www.gata.org/node/4235

The big question seems to be whether and when Eastern central banks will pull the plug on the Western central bank gold price suppression scheme. The most likely answer seems to be: When they feel that they have adequately hedged their U.S. dollar-denominated foreign exchange reserves and have acquired the last gold ounce they can acquire without exploding the gold market so much that even mainstream financial news organizations in the West have to take notice.

The China Network Television report, dated April 16, as jumbled by the Internet translator, is posted at Koos Jansen's Internet site here:

http://koosjansen.blogspot.nl/2013/08/chinese-state-press-on-how-fed-has...

CHRIS POWELL, Secretary/Treasurer

Gold Anti-Trust Action Committee Inc."