Thursday, March 15, 2012

Is to keep the gold price down when you can sell others gold on their behalf

3401 Tonnes of German Gold in New York

According to the report he requested from IMAGE-Bundesbank President Jens Weidmann, the list of gold bullion. Missfelder told BILD: "I was shocked. First they said that there was no list. Then there were lists that are secret. Then I was told, demands endanger the trust between alliance bank and the Fed." Experiences as the Federal Bank of the IMAGE-searches on the German state gold, communications chief Michael Best is even trying to obstruct the visit of representatives and report to Bild: "Against this background, I ask for understanding that the Bundesbank your visit concerns (...) not supported. " Apologies for the English, this is google translated from the original BILD article.

Posted by general congreve @ 11:23 AM (1214 views)
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8 thoughts on “Is to keep the gold price down when you can sell others gold on their behalf

  • general congreve says:

    Easy not Is! Looks like google translate had a stab at my title too.

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  • I wonder how long this post lasts before it gets pulled !

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  • The gold was probably loaned to knock the price down. Low gold price is excellent for the US and the fed.

    Like almost every other market you care to mention, it’s manipulated!

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  • general congreve says:

    @2 – As long as a momentary peak at daylight is at least possible, all is not lost. See Plato’s Allegory of the Cave – http://en.wikipedia.org/wiki/Allegory_of_the_Cave

    @3 – Of course, that is the most likely scenario. It’s been mentioned by many commentators and the evidence, such as the obfuscation mentioned in this article, happily back’s up the speculation. It’s what people do with the information that is most important.

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  • general congreve says:

    @6 – Cheers HPW, good video. As always, buy physical, sit tight and look forward to jumping with delight (when the cartel finally lose their corrupt grip).

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  • Another example of US price manipulation – pre general election tactic:

    Brent crude price falls on Reuters report that Britain and America will co-operate in an effort to prevent high fuel prices derailing economic growth in the run-up to the US election.


    http://www.telegraph.co.uk/finance/debt-crisis-live/9144770/Debt-crisis-live.html

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  • general congreve says:

    The article made it, it lasted the whole damn day!

    *Sound of distant trumpets grows louder, victory parade moves into view*

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