.
The following happens: someone very big in the beginning bought a few tens of tons of platinum and palladium, on the basis of this metal produced a few hundred tons virtual of platinum and palladium and threw them on the free market. The result of the above manipulations, we observed the growth of platinum and palladium and their subsequent sharp fall.
Having trained in platinum, this one very large passed to the market of gold and silver. He purchased, particularly in Australia, not less than 100 tons of gold, produced on the basis of it not less than a thousand tons of virtual gold and threw part of it on the free gold market. The price of gold initially jumped up sharply, then fell sharply by more than 10%. Then the price of gold gradually began to rise due to natural causes. But as soon as the gold price rose a few percent, this one again flooded the market with a portion of virtual gold and the price again fell sharply. And so a few times. This process is impossible to track on the charts kitko, as it has happened over time, less than a day. In real time it was visible and on the cumulative graphs, it’s all gone.
The same processes occurred in the silver market. Later that’s what happened in the oil market and some other chests.
All this was synchronized with the statements of Bush that the US economy is strong, and nothing it does not threaten the dollar as strong as ever, and with another reduction of the refinancing rate fed.
Thus, in the markets of precious metals and, in General, chests of drawers, a new reality, leading to big consequences.
Why do you have to buy the metallic gold to fill the market for virtual gold?
Whether it was just thrown on the market as many virtual gold?
Impossible. For all the corporate laws of all civilized countries there is a restriction on the issue of “valuable” papers. Which States that the real cost of the asset shall be no less than as the interest from paper assets issued on their basis. Net MMM never will be. Issue without ensuring that the criminal, not corporate law.
Why was this done only now?
There are several reasons:
– Political: elections in the United States.
– Economic: the decline of confidence in the dollar has already begun to undermine the very foundations of the American and world economy. It was necessary to show the world that alternatives to the dollar are even worse.
– Legal: the company was not ready law. There is reason to ASSUME that, most likely, in the United States (Though not necessarily in the United States, may be in some scuzzy, Honduras. It is enough to do in one state of the world, and all speculators sell their plans through intermediaries resident of that state) this year was adopted a little correction to the laws, or even correction, but simply a new interpretation of the law. So small that went unnoticed by the General public. Namely, the law on financial derivatives was extended to purchasing all the drawers with no real supply of goods. And even earlier, in the beginning of 2000 years, was adopted the law States that in case of refusal or inability to deliver real drawers on exchange transactions, as a sufficient compensation should be considered to be paying the difference in price on the deal.
That is, buy gold without physical delivery of meta was the equivalent to buying a futures contract and other derivatives of this resource. This legislative innovation was spread for all the other chests too). What did legally safe speculation with drawers above.
– Financial: we had the time to concentrate the necessary financial resources for the operation.
– Technical: it was necessary to create the organizational structure under this operation, also well hidden from the eyes of the world community. What would it all happened as if by itself. Without the intervention of the cartel.
And when all the causes came together in time, the operation was carried out.
What happens now:
1) is it Possible to roll the gold market to zero, flooding its millions of tons of virtual gold?
Impossible. The lower price will rest in the effective demand for the physical metal. The lower the price of the metal, the more demand for it. Theoretically, if gold falls to copper prices, then it will begin to do the plumbing. Real gold in the world is not enough. (By the way: gold was the perfect metal for plumbing. Not subject to corrosion. Easy to be processed. In and of itself beautiful. If not for the price).
The top price of gold will be determined by the resistance amerskoy economy. If gold will rise unacceptably high, which will become dangerous, its price is always lower Bay market thousands of tons of virtual metal.
So gold will be driven into a corridor. Restricted top and bottom. The slope of this corridor will be determined by the change in real gold. Which in turn will be determined by the credibility of the paper values and the needs of industry and other consumers. Within the corridor will be more volatility, defined goals fincap. When you have more when you need less.
It has to be fast and a lot to cash in on the gold, as well as in other chests, just buying the resource. But there will be a space for speculators. However, the gold market will be very risky. As it will depend heavily on the subjective factor. When the big guy wants to throw away thousands of tons of paper gold on the market, who knows?
2) How long will this situation?
The situation on world markets of gold and other chests will continue as long as and if not following will happen:
Or USA will leave Iraq. Reduce their excessive military expenditures, which are financed at the expense of emissions and financial bubbles. And healthier its economy. The experience of the Vietnam war, for the recovery of the postwar economy will require 10 years. In this case, gold and other chests lose their appeal as the object of savings.
– Or will the global crisis and everything will collapse in a deflationary scenario followed world war in 29-39 years.
– Or the so-called cartel will buy most of the physical gold, using the above scheme: Purchase of fizmet – release it under a virtual gold – release it on the gold market and selling for dollars – buying up on a rising dollar has fallen in price of gold and the first.
Or fincap spit on the gold and let it float freely.
Or something happen that will make it impossible fincap to play according to the above scheme.
– Or market-sharing physical and virtual gold. (And other drawers). But fincap will oppose this with full force. ( By the way, on the markets of precious metals has already occurred detachment rates on the virtual metal of the price of real metal. At the exchange price which is the price of virtual real dragmet to buy is not possible. Neither in Russia nor abroad.)
While currently the virtual economy dominates the real and dictate prices and investor behaviour. For, as said, in my opinion, Greenspan, “the virtual economy is indestructible, as it corresponds to human nature”.
(Because they do not want modern man to mess with real values. And fill the vault with gold, like uncle Scrooge from the cartoon. So always buy the virtual values. Bitik in the computer is much more convenient real gold)
Summarizing the above, we can conclude:
The demiurges (Who are the demiurges of this as something later. And that long happens. It will be difficult to read) began to regulate prices on a global scale. In order to deal with the crisis. Could be already created like goskomtsen of the USSR. Only market methods it works (Plus promotion). First, purchase the dressers. Out on them the maximum by law, the number of derivatives (I Think, 10 times more than actually purchased). And to the extent necessary throw derivatives into the market, bringing the price to the desired level. (Fight fire with fire. Fighting virtual money with virtual bubbles on the stock exchange. That would not puncture bubbles. Not yet Mature.) In March, worked this method on silver. Then on gold. And in the summer on oil. (See price charts). Dressers are driven into the corridor. The upper limit of which is determined by the purpose (goal, strategic and tactical, neither be late) and capabilities of the demiurge. The lower effective demand on physical chest. In addition, the goal of the demiurge to prevent the separation of real prices from virtual. It is not always possible. Here fismat really you can not buy in market prices.
In the situation of regulated prices the whole technical analysis (TA) is inadequate. It should, if possible, to track the physical demand. Or to speculate in very risky mode.
And in General – that is for suckers. (Smart and experienced suckers. For financial plankton – a banal propaganda on TV.) That would have been more manageable.
There are several layers of financial predators. Bottom traders living the speculation. At the top of the so-called demiurge, who lives at the expense of redistribution of emission rents. And between them the middle layer, which robs traders, luring their capital signals technical analysis. (Some call this the middle layer is a “cartel”. These cartels have on all major chests. To each his own). And for that traders zaserat brains in new ways is as old stop working and manipulating stock prices by the above procedure, the speculators creating the illusion that they finally understood the law of the market. Sharpie: first, give cash in, and when Loch put a large sum into one shipment to undress him. Than live.”
I didn’t know the percentage of virtualization of trading. Described the situation accurately. Now the author gives quantitative characteristics of the virtualization.
Impressive…
http://www.warandpeace.ru/ru/reports/vprint/49382/
It seems that the belief in the manipulation of all prices on the stock exchange enters into the consciousness of the broad masses of economists. (Except, of course, promoters from financial groups, wannabe economists).
Evidence of suppression of gold prices: gold and the us dollar
Let’s start our first review with the ever-relevant among gold and silver investors topics. I mean the manipulation of the precious metals market. Adrian Douglas (Adrian Douglas) member of the Board of the Golden intirestnogo Committee (Gold Antitrust Action Committee, or GATA), a nonprofit organization that fights for the freedom of circulation of precious metals, published a detailed analysis of the situation entitled “Evidence of suppression of gold prices: gold and the us dollar”.
Says Douglas:
· Gold price is suppressed through mechanisms of fractional reserve banking practiced by large banks, trading in precious metals.
· In the gold market sold on average 45 ounces of paper gold for one ounce of physical gold, using the “General accounts (unallocated gold), that is, the market is secured by physical metal only 2.3%.
· The price of gold today amounted to $54 thousand per ounce, if the partial backup did not exist. In this system, the price of gold with the provision of a 2.3% cut to $1,200.
· The purchasing power of the us dollar is overvalued in 45 times.
· The only way to end this system to buy physical precious metals and store them outside the banking system.
That is, buying physical gold for dollars, you change something backed by gold, 2.3% for 100% gold!
And that’s what is taking the government to take control of the trading of physical gold. Presumably, the next move will limit this trade. As did Roosevelt in the 30th years. The virtual gold trade limit not yet involve, apparently.
The sellers of gold coins in mad
As America turns into a full-fledged state of developed socialism, bureaucrats are increasingly invade all spheres of private life of citizens. The latest scandal about the new rules of taxation of transactions with precious metals is a vivid evidence. New levies have been quietly included in the recent bill on health care reform and will come into effect from 01.01.2012. From this moment small businesses and individual entrepreneurs are obliged to report any transactions of purchase of goods and services worth more than $600, including transactions with precious metals.
ABC News quoted “Pat Heller (Pat Heller), owner of the famous dealer company Liberty Coin Service in Lansing, Michigan, which is up to 1,000 buyers and sellers in a week. “Many of them are trying to protect their savings in times of economic instability, while others are dealers like me,” says Heller.
With gold prices around $1200 per ounce, Heller will have to fill from 10 to 20 thousand tax forms per year after the law came into force.
“We’ll have to hire two people to keep track of all these transactions, and it will hit profitability,” says the entrepreneur.”
Big Brother will know all who read paper dollars, by name.
P. S: LBMA shut down all of the old gold to all but its members.
