More Required Reading -- Chris Martenson

Wednesday, March 28, 2012 at 3:43 pm

The hits just keep on coming. Here's another piece that you absolutely must read. Written by Chris Martenson, this article is full of wonderful facts and charts that support the generally-accepted Turdite thesis that the gold and silver "markets" (like the currency, bond and equity markets) are heavily manipulated and controlled by a "cartel" of bullion banks which act at the behest of their central-planning, Fed masters.

Gold is Manipulated (But That's Okay)

by, Chris Martenson

The price of gold is being actively managed by central planners and their proxies. The main culprit here appears to be the US authorities, as the manipulation is most apparent in the US open gold market. For the most part, this 'management' has resulted in letting the price of gold rise, but not too much, or too quickly.

The price of gold has always been an object of interest for governments and central bankers. The reason is simple enough to understand: Gold is an objective measure of the degree to which fiat money is being managed well or managed poorly.

As such, whenever paper money is being governed poorly, the price of gold becomes an important barometer. And this is why the actual price of gold is a strong candidate to be 'managed.' Or 'influenced'. Or 'manipulated'. Whichever word you prefer, they all convey the same intent.

Login or register to post comments
9201 reads
Print
Email

Support TF Metals Report with a donation or by purchasing something from the TurdMart Store.

Comments

First again?

Submitted by Mudsharkbytes on March 28, 2012 - 3:46pm.

You gotta be kiddin, twice in one day???

Second

Submitted by tpbeta on March 28, 2012 - 3:48pm.

Bah foiled by reading the article before posting. What an amateur error.

Back on..

Submitted by Big Buffalo on March 28, 2012 - 3:50pm.

love watching the big show.

That is all.

your daily Turd...

Submitted by taoJones on March 28, 2012 - 3:53pm.

great stuff

Submitted by atlee on March 28, 2012 - 4:02pm.

But until the market takes note of it and we begin trading fundamentals again, it don't mean a thing. It could be years....or.......economic life as we now enjoy suddenly ends. All things we already know, kind of seems like screaming into a hurricane.

Interesting take by Wilie

Submitted by Bugzy on March 28, 2012 - 4:19pm.

Great article from Martenson. Very interesting take on things by Willie and did I read that Santa might be off to "less restrictive" pastures?

Oh yeh...Not first (again)

Man,,,I have to do some work...thats it,,,,computer is going to sleep.

In other news, Jeff Christian

Submitted by Urban Roman on March 28, 2012 - 4:22pm.

In other news, Jeff Christian calls a top.

Jesse reckons that might be a bullish signal.

[Jesse's Crossroads Cafe]

@ Turd re.COT Report

Submitted by TREACHEROUS CRETINS on March 28, 2012 - 4:23pm.

Turd don't know if saw this on the limitations of Ted Butler's COT report.........says the LBMA market is 9 times bigger for Gold and

12 times bigger for Silver than Comex

http://screwtapefiles.blogspot.co.uk/2012/03/relative-sizes-of-lbm-otc-m...

Mr T

Submitted by Velocity on March 28, 2012 - 4:30pm.

"And this is why the actual price of gold is a strong candidate to be 'managed.' Or 'influenced'. Or 'manipulated'. Whichever word you prefer.."

I prefer "manipulated" and "price rigging"

Totally illegal of course for all of us but those elite politicos and bankers ABOVE THE LAW

It's called "anarchy" but few among the billions on Earth connect the dots with a thing called 'democratic Government' and even fewer recognise the Law as not protector of our freedoms but oppressor of our freedoms

..as if there's not enough patent evidence of these facts building up sky high in America and Europe today ..maybe one day the penny will drop that Govt is a nation wrecker, not a nation builder (the private sector does the nation building, not Govt)

Jimbo

Submitted by York Rite on March 28, 2012 - 4:56pm.

Surprised to see his estate is on the market in spite of him dropping a recent hint that he was planning on removing himself from NDAA-ville.

I remember years ago reading about his abode. Its description sounded like a survivalist's dream home.

Any guesses for what specifically has finally convinced him to up sticks?

HUGE GOLD OI DROP YESTERDAY

Submitted by Turd Ferguson on March 28, 2012 - 5:00pm.

MODERATOR

At first glance, it appears the the WOPRS are simply liquidating April gold but NOT rolling into June....yet. April12 contracted by 45,000 yet June12 only went up by 25,000. The resulting net 20,000 loss in OI brings total gold OI down to just 417,000. WOW!

Can't wait for the CoT on Friday!

MF GLOBAL CONGRESSIONAL TESTIMONY

Submitted by BUSHMAN on March 28, 2012 - 5:38pm.

Did you see every question asked the MF GLOBAL CFO...his answer every time "uhh I have no Mother Fing clue".

Take his passport...no flying to south africa now bitch.

Btw

Submitted by Turd Ferguson on March 28, 2012 - 5:38pm.

MODERATOR

I have rec'd today an absolutely spectacular, 57-page report from Paul Mychreest in England. Paul details in intricate detail how blatantly manipulated the metals markets have become.

It will son be posted to GATA so look for it there. Once GATA posts it, I'll link to it here, too.

IT'S A MUST READ!!!!!!

Who Is

Submitted by Xeno on March 28, 2012 - 5:40pm.

Who is the life guard in that cartoon? It's not the FED governors, it's not the regulators, it's not the congressional overseers, it's certainly not the bankers, it's not any of the MSM news reporters.

Oh yeah, it's the concerned public. But hey, we don't count.

edit: It sure seems to me that the congressmen were not asking the right questions. Like what was the reason for the transfer of funds which resulted in the shortfall? And who was the recipient of the transferred funds?

Haven't heard that yet.

Humor at BB's Expense

Submitted by ReachWest on March 28, 2012 - 5:41pm.

Apologies in advance - as I'm re-posting this in the latest thread [so many new threads, today - whew].

A wee bit of humor at Bernanke's expense is always a good thing for a Turdite. [Especially true in this market].

Lets keep it manipulated

Submitted by SilverFocker on March 28, 2012 - 5:54pm.

I need more phyzz, I thought I had reached the comfort zone.........I rehashed that position and self told me not yet, need more yellow shiny. ( I am addicted to the metal drug )

Manipulate the hell out of it...It's the future that I am worried about, until then I need more precious.

Who knew? Turdville is comprised of 100% Republicans

Submitted by ClinkinKY on March 28, 2012 - 5:56pm.

Diane Sawyer Says 'That Republicans See Ben Bernanke As A Villain'

By: Josh St. Louis | March 28, 2012 | 15:25

During the March 27 edition of “World News,” ABC’s Diane Sawyer treated Federal Reserve Chairman Ben Bernanke to a softball interview which alternated between human interest angles and portraying him as the victim of partisan Republicans. [Video after the jump. Audio can be found here.]

A pleb's view of gold...

Submitted by Ircsum on March 28, 2012 - 5:59pm.

As I see it, the price of gold is being held artificially low so that the world's central banks can stuff their vaults with the stuff. Once they've decided they have 'enough' (or the supply of physical runs out) the price cap will be lifted. Problem is - how much is 'enough' for them, and how soon do the LBMA supplies dry up?

Until we can answer those questions I'm with the CBs - the Ircsum Bank has been taking advantage of the recent low prices to load up. Do yourselves a favour: go with the (gold) flow!

If only Ron Paul had dressed like this...

Submitted by ClinkinKY on March 28, 2012 - 6:06pm.

...he might be the nominee.

Paul Mychreest report available here

Submitted by ed on March 28, 2012 - 6:27pm.

http://maxkeiser.com/2012/03/28/caught-red-handed-manipulation-in-gold-market-since-the-us-lost-aaa-rating/

Prep items...

Submitted by beardeus on March 28, 2012 - 6:29pm.

Planted corn, wheat, sun flowers, other vegetables and soon to be peanuts. Bought some options today that should be in the money tomorrow.

Looking to make ethanol to use as car fuel. If anyone has any info or experience please let me know. I still plan on metal detecting. Hoping my options allow me to buy a nice detector.