Thought I would start a thread about Silver Gold issues... I did a search and saw that there not really much on the topic per say... Please let me know if I may have missed it!!!!!
It is just a place to post articles, videos etc... and of course give your thoughts on the topics... Also us know if you trade gold and or silver - Thanks best of trading to you!!! ~ VT
I will start with this vid -
Endlessmountain uses long term charts to demonstrate cartel manipulation of the silver market via massive upward moves in silver during Globex off hours trading throughout the duration of the secular silver bull market.
Examining silver’s off-hours chart Going back to 2004, silver is up 7.2 fold during Globex trading, while it is DOWN 20% FOR THE OTHER 22 HOURS OF DAILY TRADING!!
The following user says Thank You to Victory Trader for this post:
Extraordinary Popular Delusions And The 'Madness' Of Bond And Gold Markets
Whether its new-fangled Japanese stocks, hi-tech internet company valuations, multi-colored flowers, or mansions made affordable by criminally lax lending standards, Grant Williams notes that a bubble is a bubble is a bubble; and citing Stein's Law: "If something cannot go on forever; it will stop." In this excellent summary of all things currently (and historically) bubblicious - whether greed-driven or fear-driven - Williams concludes it is never different this time as he addresses the four phases of the classic bubble-wave: smart-money, awareness, mania, blow-off (or crash) and explains how government bonds are set to burst and gold is only just about to enter its mania phase. This far-reaching and entirely accessible presentation is stunning in its clarity and as he notes, while bubbles are always easy to spot ex-ante, understanding how they come about and why they are popped gives the few an opportunity to profit at the expense of the madness of crowds.
Now that QE3 has arrived, it's more obvious than ever that a few powerful men have hijacked our economic, financial and political structure. And here's a news flash: They aren’t socialists or capitalists. They’re criminals. The latest round of stimulus policy by the head printer-in-chief, Ben Bernanke, and the Fed is stunning in its size (in that it has no limit), stunning in its time-frame (as there is none), and even more stunning in the lie behind what it’s designed to accomplish. The bottom line? The Fed has just guaranteed $6 gas and $4000 gold.
Of course, no one is allowed to audit the U.S. gold at Fort Knox for fakes. The U.S. government refuses to allow any audit of its gold holdings. Given the mounting evidence that bank owned gold bullion may contain fake bars, one has to wonder just what the U.S. government is trying to hide with its continued refusals to allow audits.
Today James Turk shocked King World News when he stated, “The entire German gold hoard was gone because it had been leased into the marketplace. Meaning, the vaults holding German gold were emptied by 2001 because of the Bundesbank leasing activities.”
CNBC MOPE: Actual Existence of Gold Reserves is Irrelevant,
It’s the Bookkeeping That Matters!
In an amazingly weak and futile attempt to stem the inevitable onslaught of delivery and repatriation requests, CNBC’s senior editor John Carney has released an editorial claiming that it matters not whether the gold held at the NY Fed and the BOE is filled with tungsten, has been leased or swapped, or that it even exists- all that matters is the Fed’s bookkeeping ledger that states the gold is there.
CNBC begins by attempting to claim that it doesn’t matter whether Germany’s gold reserves held at the NY Fed are actually there and tungsten free, as long as the Fed says it’s there:
"It doesn't matter if those armies really exist or not. The Fuhrer says they do and that is just the same as if they really are there!" -- The German High Command, just before they lost WW2.
"It doesn't matter if those life boats really exist or not. The blueprint says they do and that is just the same as if they really are there!" -- Captain E. J. Smith, Master USS Titanic
This editorial from CNBC tells us two things. First, that the gold bullion is indeed vanished (or replaced with Tungsten cored fakes) from the NYFED, BOE, and probably a lot of other places. Second, the Wall Street money-junkies know they cannot refuse a request for an audit and pureity testing now. So, they have come up with this idea that it doesn't matter if the gold is really there or not as long as we all agree to believe the gold is there based on a bookkeeping entry, which is like saying that we should believe Superman really exists because after all, 5 million comic books can't be wrong. And it reinforces the theory that modern economics is not a science, but a religion, with arbitrary rules and beliefs designed (like all religion) to enslave and exploit the believers
But it does matter for a very simple reason. Tons of real gold were deposited into those vaults at the federal Reserve. If it is no longer there, we need to know where it went, and more to the point, what the Fed will do when nations start escalating their calls for their sovereign gold to be returned. Those nations will not be satisfied with a paper from the Fed that says "trust us; it is really there (somewhere). B. Bernanke!"
Try telling the IRS that according to your copy of Turbo-Tax (the autographed Tim Geithner edition), you already paid all your taxes and that you should be trusted when you tell them the money is already there (somewhere) and the IRS should stop harassing you! Think they would go for that?
The NYFED and BOE took in real solid gold bullion but they cannot give it back. All they can do is print up a bunch of worthless paper notes claiming to be of the same value as that bookkeeping entry and offer those as a replacement.
But those foreign sovereign nations won't accept that paper either because they know that printing paper notes does not create value or worth out of thin air. Such printing devalues all of the similar paper currency in circulation, including the paper notes already held by those sovereign nations. This editorial claim by CNBC is desperation on the cusp of madness. The German people should demand their private central bank account for the German peoples' gold. If the bank refuses the Germans should burn it to the ground, hang the bankers, then march on the NY FED (where they will likely be joined by millions of angry Americans) and, failing to get back their gold bullion, burn that to the ground as well.
Technocratic Control Over Greek Gold is Reason For Destruction of Economy
Last week, gold fell below $1,700 an ounce. This prompted caution in the metals markets as the Federal Reserve Bank continues its purchases of the mortgage-backed securities. The mainstream media touts this act as an attempt to stimulate the American economy; however, it is nothing less than a land-grab by the technocrats.
Overseas, Germany’s central bank has neglected to audit the country’s estimated 3,400 tons of gold reserves. This resource would be desirable to the technocrats at this critical time – when they are endeavoring to implode fiat currencies in the Euro Zone. Those gold stores are in the hands of the Federal Reserve headed by Ben Bernanke.
It is supposed that the same 3,400 tons of gold (valued at an estimated $190 billion) is currently in the possession of the central bankers in the US, France and England; assuming that this gold is the same gold that was stored at the end of the Cold War.
Bundesbank’s Official Statment On Where It’s Gold Is (And Isn’t)
Three days ago, as a result of recent discoveries relating to Germany’s official sovereign gold inventory, we asked a rhetorical question: “Why Did The Bundesbank Secretly Withdraw Two-Thirds Of Its London Gold?”