Guest Post: "Gold Market Manipulation", by Gary Savage

Fri, Dec 25, 2015 - 10:18pm

Back on Wednesday, technical analyst Gary Savage published a terrific video presentation that dissects the ongoing price manipulation in the paper gold market. Since it covers several of the topics we routinely discuss here at TFMR, I wrote Gary to ask if we could use it as a guest post and he happily obliged.

So, please take some time this weekend to watch the video below. You'll notice that Gary points out several of the features that we've followed for years. For example, Gary discusses the downtrend that has been enforced since 2013. Here at TFMR, we call this "The Nemesis Line" and the significance of this trendline and succession of lower lows is well known to Vault subscribers.

Gary also takes some time to address what appears to be an ongoing, overt effort to prop up the equity markets. Again, Vault subscribers will recall how many times we've pointed out all of the V-shaped recoveries in the S&P. The chart below from last week shows at least 21 over the past twelve months.

Gary makes several other worthwhile points, too, so please take the time to watch this video over the weekend. You'll be glad you did.



by, Gary Savage of

In this video, I explain how and why I think the gold bear market is artificial, and due to manipulation by a few big banks in the paper market. I discuss the market reaction that will confirm I’m correct. The analysts that for a couple of years have been trying to deny manipulation are ultimately going to look like idiots, and the Sinclairs of the world are going to have the last laugh, and will be proven correct in the end.

About the Author

tfmetalsreport [at] gmail [dot] com ()


4 oz
Dec 26, 2015 - 12:24am

Nice to Hear Gary Articulate So Clearly!

I confess that I do have some affection for these:

....but at the same time I have come to understand that exchanging this currency that I do have some affection for, for the thing to do.....

  Image cannot be displayed

These.....which I have come to see as more precious & believe to be dramatically undervalued; Not even factoring in coming write downs, 'haircuts' and bankster shenanigans or factoring in years of clear price control as Gary referred to...also widely called manipulation. Know I'm preaching to the choir, but am encouraged by Gary Savage adding his voice to those that see this shit...

I will strive to add phyzz every chance I get --even as the spot price rises.

ancient Egyptian...ex-canary
Dec 25, 2015 - 10:39pm
Dec 25, 2015 - 10:38pm


We don't count posts by the chief, do we?

Merry Christmas to all, and happy, healthy, and prosperous New Year.

Here is hoping that in the coming year we are satisfied with fighting the (unending) war on drugs, and the (unending) war on terror, and that we don't have a huge blow up in Syria/Turkey/Ukraine and surrounding areas.

Dec 25, 2015 - 10:28pm

What? 2nd?

Merry Christmas all!

Dec 25, 2015 - 10:22pm

1st in Japan

Now to listen

Dec 25, 2015 - 10:15pm

Follow up video

On Thursday, Gary released a follow up video that he called "Gold Manipulation Part 2". You should be sure to watch this, as well.

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