Over the past several months the gold and silver markets have received some much needed attention. The type of attention that sickens the bullion banking cabal and the government enablers around the world.
First, Deutsche Bank admitted to rigging both the gold and silver markets and this admission, as documented for almost two decades by Bill Murphy and Chris Powell of GATA, was much needed for the gold and silver markets. Any one paying attention to these markets has known for some time they were being manipulated, especially traders who’s job it is to watch charts and how they respond and react to news and events that effect various commodity and equity markets. You would have to be willfully ignorant or have a total lack of understanding of charts to not see these markets were being manipulated. I have very limited trading experience and even with my lack of expertise I can see manipulation.
In the early part of January we find out, by way of a Wikileaks dispatch, the gold and silver futures market was developed and implemented for the sole purpose of manipulating these markets to keep the American people away from acquiring physical gold and silver.
TO THE DEALERS’ EXPECTATIONS, WILL BE THE FORMATION OF A SIZABLE GOLD FUTURES MARKET. EACH OF THE DEALERS EXPRESS- ED THE BELIEF THAT THE FUTURES MARKET WOULD BE OF SIGNIFICANT PROPORTION AND PHYSICAL TRADING WOULD BE MINISCULE BY COMPARISON. ALSO EXPRESSED WAS THE EXPECTATION THAT LARGE VOLUME FUTURES DEALING WOULD CREATE A HIGHLY VOLATILE MARKET. IN TURN, THE VOLATILE PRICE MOVEMENTS WOULD DIMINISH THE INITIAL DEMAND FOR PHYSICAL HOLDING AND MOST LIKELY NEGATE LONG-TERM HOARDING BY U.S. CITIZENS. Source: Wikileaks
This confirms, once again, all the efforts, research and years of dedication on the part of GATA to keep this fact in front of the people around the world. It’s because of GATA that as many people know, and have a better understanding, about these manipulated markets. The admission by Deutsche Bank and the dispatch from Wikileaks are the exclamation point to years of dedicated service by Bill Murphy and Chris Powell. The world owns these gentlemen a debt of gratitude that can never be repaid.
Bill Murphy, GATA Chairman and publisher of LeMetropole Cafe precious metals newsletter, sat down with us to discuss the latest action in the gold and silver markets. With both metals moving to the upside, the miners refusing to speak out against these now confirmed manipulated markets, what better a time to speak with one of the people responsible for continuing to deliver the news regarding the ongoing theft by the bullion banking cabal. These banking criminals must be working in conjunction with various governments, otherwise, this ongoing crime wave would have been exposed years ago.
Gold is money and nothing else; silver has been money longer than gold. If gold and silver do not play a part in the monetary or financial system in some respect why would governments, working with these banking criminals, care so much, hide so much and enact policies to keep gold and silver out of the hands of the American people?
Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory has contributed daily to SGTReport since 2012. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Visit The Daily Coin website and The Daily Coin YouTube channels to enjoy original and some of the best economic, precious metals, geopolitical and preparedness news from around the world.
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