How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now.
At Least Ten Banks Face U.S. Manipulation Probe Over Gold and Silver Pricing.
We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction. This investigation should bring the new dynamic to the Gold market now. Read more."
Who Is Manipulating The Gold Market And Why?
"Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."
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