Gold Manipulation by Central Banks (1 of 3)
February 6th, 2010 by bullion buzz
Bill Murphy of GATA.org and lemetropolecafe.com discusses the economy and the gold and silver markets with Mike Maloney of goldsilver.com
This entry was posted on Saturday, February 6th, 2010 at 10:57 am and is filed under Gold. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
February 6th, 2010 at 10:57 am
I think what they are trying to do is save the money by keeping gold/metals artificially low.
It’s likely gold and money would part ways drastically otherwise.
just a guess.
great discussion! thanks
February 6th, 2010 at 10:57 am
No, not at all, religions all require faith and belief in stoneage stories, regardless of the logic and evidence they defy. Think of these ancient myths as being as genuine as the US dollar, and gold & silver as the science, proof ,demonstratable and understood explanations relating to the world around us. Yes, I agree, nothing like holding the Ag an Au in your own hands, but the world could do without the old books promoting flying horses and dinosours on noahs’ arc as actually being true.
February 6th, 2010 at 10:57 am
it depends on which religion you are speaking about in regards to anti thought process.certainly not islam.but it’s good to know that we can agree on gold and silver being man’s real money.when i bought my first gold and silver coins it made me more of a believer in it then the fiat money which is so fraudulent by nature.
February 6th, 2010 at 10:57 am
izzartnyc1, my reply was to two posters who actaully introduced the irrelevant religion factor themselves, their posts have since been removed. I feel we are on the same page about keeping religion out of rational discussions, it has no place. ( I don’t think religion is anti economics either, it’s more ‘anti thought process’ !) And yes, buy some gold & silver
February 6th, 2010 at 10:57 am
please keep religion out of this mutts.even in the holy quran,god says that gold and silver is man’s money.you make it sound that religion is anti economics!
February 6th, 2010 at 10:57 am
your point is valid….been buying for the last 5 months….no house to sell…only student loan debt. What do you think of Hong Kong (CHINA)….taking back their gold from London?
February 6th, 2010 at 10:57 am
And next summer someone else who was too slow too jump onboard will say “Please wait till next summer” and so on forever.
Soryy – we’ve been waiting too long and we want it exploding NOW – sell your house and buy gold if you want in quick!
February 6th, 2010 at 10:57 am
Central banks cant sell their gold too fast, because it inflates their currency. Buyers have to buy the currency of the selling country. This inflates the value of the currency and makes their exports uncompetitive. What is happening is that the IMF will be the clearance house for gold in order to depress its true value.
China and Russia will use gold as a hedge against their US dollar exposure and gold should still rise regardless of manipulation. This is starting to happen right now.
February 6th, 2010 at 10:57 am
I am an Atheist and I approve this message.
February 6th, 2010 at 10:57 am
Perhaps you should direct that question to the users such as ‘markymarkuss777′ and ‘
agfigueroaa’ who actually introduced religion, rather than swearing at a poster who was requesting those superstitions be left alone.
February 6th, 2010 at 10:57 am
Jesus is about as alive as allah, or thor, or any of the other make believe gods. Buy gold and silver to secure your financial future as the US dollar will most likely lose it’s world reserve currency status. Get real people, grow up and go easy on the make believe from 2000 years ago, and go hard for the valuable metals.
February 6th, 2010 at 10:57 am
Bob Chapman and H.L. Quist on the radio show Hard Money Watch with Pat Gorman both said that our U.S. embassies abroad are receiving huge infusions of cash to buy a year’s worth of local currencies. They both, independently, state that this is happening to prepare for a surprise, out of the blue USD currency devaluation, latin american style. This will likely be preceeded by a bank “holiday”. Hear buysilvernow (.) com radio section for both 8/2/09 and 8/9/09. There may not be much time left.
February 6th, 2010 at 10:57 am
I dont want gold to breakout till next summer…I need time to keep buying more of it.
February 6th, 2010 at 10:57 am
I hoped it would. But it did not
February 6th, 2010 at 10:57 am
so it didn’t… and today is Aug 4, 2009.
February 6th, 2010 at 10:57 am
are you sure about that now?
February 6th, 2010 at 10:57 am
True, I think I am still early. I am still bullish on gold through November.
February 6th, 2010 at 10:57 am
July 2 it was $ 931.80
February 6th, 2010 at 10:57 am
so was I…
February 6th, 2010 at 10:57 am
Clearly, I was wrong. I was expecting a breakout northward from a Cup-with-Handle formation that didn’t materialize.
February 6th, 2010 at 10:57 am
Its still being manipulated… and now the Chinese have joined the game… they’ve doubled their holding in the last few years.
February 6th, 2010 at 10:57 am
Today is May 31, 2009 as I’m writing this. June is the month where gold will explode way above $1K per ounce. It may never look back.
February 6th, 2010 at 10:57 am
The Rothschilds don’t want to flood the market with ALL of their gold holdings. Otherwise, it makes their ponzi banking scheme that much more vulnerable. A realstic estimate? Nobody knows. To me, you want to hold gold as a protective measure first and foremost. If you can make money by selling later, that’s a nice bonus. The way things are going, there’s no way a new world currency could be introduced without a gold backing.
February 6th, 2010 at 10:57 am
Who’s to say that Rothschild doesn’t have enough gold to supress the market for several more decades…? Does anyone have a realistic estimate of how much those cocksuckers are holding?
February 6th, 2010 at 10:57 am
the questions to ask are >>> IS SouthernLibertyAmer COMPENSATED IN ANY WAY BY Monarch Precious Metals? Why are there no comments disagreeing with SouthernLibertyAmer? Could it be that SouthernLibertyAmer is a genius? Is SouthernLibertyAmer a paid shill? Is SouthernLibertyAmer unable to debate logically and censors open discussion?