Wednesday, May 15, 2013

How banks manipulate the gold price.

Here is a short description:

1.  Banks short gold on the COMEX.
2.  This is incorporated into the London gold fix at a lower price. Margin contracts scooped up.
3. Contracts bundled are presented at NY Mellon bank and gold is drawn out.
4. Gold is allowed to rise in red hot Asian markets.
5. Gold is sold in Asia for profit

Rinse and repeat.
Sum: gold price dropping while physical gold is migrating to Asia:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/15_How_A
_Criminal_Syndicate_Of_Banks_Is_Raping_The_Gold_Market.html

Remaining question: The US Dollar is also manipilated. By whom? And how?

No comments:

Post a Comment