Gold and Silver Price Manipulation: A Dangerous Game

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Gold and Silver Price Manipulation: A Dangerous Game moneymetals.com /news/2014/09/10/gold-and-silver-price-suppression-a-dangerous-game-000601 September 10th, 2014 Updated on 01/22/2015 You've heard stories of large banks manipulating gold and silver prices down. Well, to a large extent they're true. Many fraudulent schemes have recently been exposed and admitted while regulators jawbone about reforms. The worst price manipulation - orchestrated by the U.S. government -- is still ongoing. Gold and silver prices are forced artificially low to create the illusion that metals have little value… and the volatility scares off new buyers. The U.S. government and its allies on Wall Street play this dangerous game to engineer artificial confidence in the dollar. In past years, governments and central banks depressed gold and silver prices by sending massive amounts of physical metal to market. This current scheme also floods the market with gold and silver, but most of it does not exist. It's just a gold and silver mirage based on paper contracts. Bullion banks are government's complicit brokers, selling their mix of real physical and pretend paper gold and silver through contracted futures, options, and exchange traded funds. Banks still put a few bars of real gold and silver in the showroom window, but cram the warehouse with paper promises stacked to the rafters, which banks know they can never deliver. The leverage in precious metals is even more extreme than our fractional reserve banking system. Testimony in federal hearings in 2010 confirmed only one ounce of real gold exists for every hundred ounces of paper gold offered for sale. The silver market operates in the same way. If you sold imaginary metal, you would be prosecuted. The government exempts itself and its banker friends from our laws.

Real Gold for Sale Is on the Decline in the Western World Most participants in this scheme bet strictly on price direction. They don't accumulate or care about owning physical precious metals long term. They take profits in cash. The Achilles Heel, as in all previous manipulations, is a lack of real gold for those who demand it. That day is approaching because real gold for sale is disappearing. As global economies falter, more will demand real metal.


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