Indisputable Proof Paper Gold Markets are Massively Manipulated !
- Indisputable Proof Paper Gold Markets are Massively Manipulated!
by smartknowledgeu
What would you think if someone told you the following?
“Three times this week, I am going to tell you the low price of gold with near perfect accuracy, and one of those three times, I am going to tell you events that will precede the low and the exact time that gold prices will crash.”
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You would likely conclude that either:
(1) I am somehow directly involved in setting the price of gold in paper derivative markets, or
(2) that since nearly perfectly predicting gold price movements three times in one week in a free market is impossible, that such an accomplishment would serve as indisputable proof that gold markets are rigged and manipulated by bankers, as none of my predicted price targets depended upon technical chart analysis of any kind.
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So let’s summarize my calls regarding gold price movements on three separate occasions last week, and why I feel that the accuracy of these calls serve as indisputable proof that Central Bankers and their agent bullion banks manipulate the price of gold and silver.
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Even so, through all this volatility, I never once advocated that my clients dump their physical gold and physical silver and try to buy back their stacks at lower prices. Why? Because during most of this time, the premiums to buy physical silver, especially 1 oz. silver coins, were at a minimum, 15% to 20% higher than the fake paper prices bankers were setting in their paper derivative markets. Because gold and silver inventories shrink rapidly with every subsequent banker raid on PM prices and demand continues to be elevated, as proven by JP Morgan’s collapse of COMEX gold warehouse deposits over the last several months, we can never be sure of when the day will arrive when one opts to sell out of their physical stack of PMs and then tragically, is unable to re-buy it. I believe this risk is not worth taking, and that people should only have used this banker raid to stack more at lower prices if possible.
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In conclusion, as someone that predicted huge declines in the gold spot price last week on three separate occasions, please understand that the same understanding of these banker gold and silver price manipulation games that led to the accuracy of my calls last week is also what leads me to conclude that the banking cartel price manipulation games in PM markets are unsustainable, on their way to imploding, and will eventually result in much higher prices in all gold/silver assets in the future.
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