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originally posted by: St Udio
just wanted to pass on this great and earthshaking interview...
Jim Sinclair, 36 minutes...
the PPT demise, the rise of gold/silver beyond just a valued asset gold becomes the gravitas of your national currency strength...
the reset before the winter of 2015-2016... a new financial system being put into place
www.youtube.com...
Excerpt from The Hows and Whys of Gold Price Manipulation by Paul Craig Roberts and Dave Kranzler
The Fed’s gold manipulation operation involves exerting forceful downward pressure on the price of gold by selling a massive amount of Comex gold futures, which are dropped like bombs either on the Comex floor during NY trading hours or via the Globex system. A recent example of this occurred on Monday, January 6, 2014. After rallying over $15 in the Asian and European markets, the price of gold suddenly plunged $35 at 10:14 a.m. In a space of less than 60 seconds, more than 12,000 contracts traded – equal to more than 10% of the day’s entire volume during the 23 hour trading period in which which gold futures trade. There was no apparent news or market event that would have triggered the sudden massive increase in Comex futures selling which caused the sudden steep drop in the price of gold. At the same time, no other securities market (other than silver) experienced any unusual price or volume movement. 12,000 contracts represents 1.2 million ounces of gold, an amount that exceeds by a factor of three the total amount of gold in Comex vaults that could be delivered to the buyers of these contracts.
This manipulation by the Fed involves the short-selling of uncovered Comex gold futures. “Uncovered” means that these are contracts that are sold without any underlying physical gold to deliver if the buyer on the other side decides to ask for delivery.
www.paulcraigroberts.org...
originally posted by: Cauliflower
I think they are doing interventions to keep the markets up.
This afternoon the Dow Jones started dropping fast.
I was logged into one of the online trading services watching for the bottom.
The server kicked me out and left 504 and 502 server timeout errors, wasn't able to log back in after 3 pm?
That could be a problem if they have killed the free market system and lied about the stock market recovery.
A market-making unit run by a subsidiary in 2010 and 2011 traded using information not available to other customers of ITG’s private stock-trading system, the company said Wednesday. ITG also said it’s in talks with the regulator to settle the case. Judy Burns, an SEC spokeswoman, declined to comment.
originally posted by: marg6043
a reply to: Semicollegiate
It sounds to me like the way they have been doing with the dollar for decades, the false sense of liquidity that is not there because US can print money at will, but with gold, they are now playing another game, we as today do not have any gold in reserves or that is what the US has been pointing out for a while unless they have a secret stash somewhere hidden, but if we do not produce gold how can US will ever back what is not there.
I got the felling that this new Federal reserve strategy is not going to work.
Oil has been since the 70s the US dollar backer.
When countries starts to trade fantasy for security it means nothing, but more fantasy, now the downfall is real.
originally posted by: marg6043
a reply to: Semicollegiate
It sounds to me like the way they have been doing with the dollar for decades, the false sense of liquidity that is not there because US can print money at will, but with gold, they are now playing another game, we as today do not have any gold in reserves or that is what the US has been pointing out for a while unless they have a secret stash somewhere hidden, but if we do not produce gold how can US will ever back what is not there.
I got the felling that this new Federal reserve strategy is not going to work.
Oil has been since the 70s the US dollar backer.
When countries starts to trade fantasy for security it means nothing, but more fantasy, now the downfall is real.
... It’s only fun to be reckless if you also turn out to be lucky.
Market conditions are now more hostile than at any time since the 2007 peak.
If you want to be speculating, and you can tolerate the outcome, then you’re not taking too much equity risk in the first place.
But it’s one or the other.
Can you tolerate a 40-55% market loss over the next 18 months or so?
If not, take this opportunity to set things right. That’s not the worst-case scenario under present conditions; it’s actually the run-of-the-mill historical expectation....
originally posted by: marg6043
a reply to: Semicollegiate
Is also another factor that we should look at, is always the possibility that stocks has been keep overvalued to keep the illusion that nothing is wrong.
I always feel that after the global panic of the 2008 market crash, central banks and specially the US markets has concocted a way to keep small investors and the regular citizens unaware of what really is going on to avoid raids on bank.
“The Federal Reserve tracks and publishes the money supply measured three different ways– M1, M2, and M3.
These three money supply measures track slightly different views of the money supply.
The most restrictive, M1, only measures the most liquid forms of money; it is limited to currency actually in the hands of the public. This includes travelers checks, demand deposits (checking accounts), and other deposits against which checks can be written.
M2 includes all of M1, plus savings accounts, time deposits of under $100,000, and balances in retail money market mutual funds.
But that is all small potatoes, M3 includes all of M2 (which includes M1) plus large-denomination ($100,000 or more) time deposits, balances in institutional money funds, repurchase liabilities issued by depository institutions, and Eurodollars held by U.S. residents at foreign branches of U.S. banks and at all banks in the United Kingdom and Canada.”
In other words, M3 tracks what the big boys are doing with the money. This includes US dollars held in banks in Canada and the UK (called Eurodollars) not to be confused with the Euro which is the standard currency of Europe.
So, perhaps I’m just suspicious by nature but it begs the question, what are they trying to hide?
Well, if you’ve read any of our other articles you will know that inflation and the money supply are very tightly integrated. Increases in the money supply are the direct cause of inflation. (See Inflation- Cause and effect and Inflation Definition).
inflationdata.com...
....... a 30% market sell off would put the true worth of the equities at a much lower value than the manipulated 'inflation ravaged' model for the economy/GDP would permit..
18,500 - 1,850= 16,550
16,550 - 1,655= 14,995
14,995 - 1,499= 13,496~~~
13,496 DOW: is the realistic level the USA stock market should be at...NOT @ ~16,500 which the Masters-of-the-Universe want us to believe is the proper worth of these hyper-inflated stocks in relation to the rest-of-the-world level of value-worth....