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JPM and Gold Manipulation; Whistleblowers from JPM come forward...
Topic Started: 26 Sep 2013, 12:47 PM (706 Views)
loz
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Just watched an episode of Keiser Report with guest Andrew Macguire.

In a nutshell, the long spoken of gold manipulation theory has been seemingly given a credibility boost by 2 JPM whistleblowers who have come forward with documentation proporting to prove JPM's involvement in rigging the gold market.

The question being asked is will the CTFC investigate?

Say what you want about Keiser et al, market manipulation is happening and it could and should have global repercussions.


http://www.maxkeiser.com/2013/09/kr501-keiser-report-banksters-god-complex/
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MMM
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loz
26 Sep 2013, 12:47 PM
Just watched an episode of Keiser Report with guest Andrew Macguire.

In a nutshell, the long spoken of gold manipulation theory has been seemingly given a credibility boost by 2 JPM whistleblowers who have come forward with documentation proporting to prove JPM's involvement in rigging the gold market.

The question being asked is will the CTFC investigate?

Say what you want about Keiser et al, market manipulation is happening and it could and should have global repercussions.


http://www.maxkeiser.com/2013/09/kr501-keiser-report-banksters-god-complex/
JP MORGAN are king manipulators, they were fined almost 1 billion last week for their shocky shit.

they also solld off massive amounts of etfs in gold to buy the real thing earlier in the year.

I read an email today ,sent to me from the perth mint that said they sold there largest ever amount of gold ever this year in april I think it was, so another gold selling record broken for them earlier this year.
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goldbug
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It's a good thing too. Imagine if they priced gold relative to the demand in the world, it could be an order of magnitude higher. 10 times higher? Well since there is nearly 100 paper ounces sold for every physical ounce, and nothing to back the paper up but promises, yes, 10 times would be possible if the paper gold had not been used to manipulate the price lower. Don't forget, the best way to measure gold is by what it can buy now and what it could buy throughout time. How many ounces of gold do think a plumber or an accounting clerk had in their purse 100 years ago? None.

Take these manipulations as a gift. 10% of your wealth in gold could well protect the other 90% if it came to it.
That is why it's so laughable to listen to the comments of the big gold bears here like Peter and pigiron. They have 50% or more of their worldly wealth tied up in property, all the eggs in one basket basically, where as we goldbugs have just a small proportion. It is why we don't get bothered when the price falls and this infuriates them because if the price of property falls 20% they are wiped out :lol
Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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MMM
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goldbug
26 Sep 2013, 11:21 PM
It's a good thing too. Imagine if they priced gold relative to the demand in the world, it could be an order of magnitude higher. 10 times higher? Well since there is nearly 100 paper ounces sold for every physical ounce, and nothing to back the paper up but promises, yes, 10 times would be possible if the paper gold had not been used to manipulate the price lower. Don't forget, the best way to measure gold is by what it can buy now and what it could buy throughout time. How many ounces of gold do think a plumber or an accounting clerk had in their purse 100 years ago? None.

Take these manipulations as a gift. 10% of your wealth in gold could well protect the other 90% if it came to it.
That is why it's so laughable to listen to the comments of the big gold bears here like Peter and pigiron. They have 50% or more of their worldly wealth tied up in property, all the eggs in one basket basically, where as we goldbugs have just a small proportion. It is why we don't get bothered when the price falls and this infuriates them because if the price of property falls 20% they are wiped out :lol
Yes, its also helped being held back by printing 85 billion a month in the US ,which will eventually help the price rise much further later on.

but plumbers and accounting clerks may have had these in their purse 100 years ago. real money that is ,not confetti.

https://www.google.com.au/#q=1913+australian+gold+coins+used

As for timmy and peter they only have 10% of their wealth in realestate ,the other 90% is borrowed from the bank and still owned by the bank and they are speculating or gambling on prices doubling every seven years. they are the kings of 5-10% down and interest only payments,right guys.

They dont understand gold or how a real economy works,you might like to read what I wrote here about a year ago goldy.

from post 129 in link below. enjoy


http://fwww.fordforums.com.au/vbportal/forums/showthread.php?s=d288f513a2141aa3fdd4cd9cc5a7e747&t=11368412&page=5

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