Russia and China Smile as the West Manipulates the Gold Market…

That 500 ton all at once dump of gold paper certificates and other games the other day, just made life all the better. While the masses can not see how stupid it all is in the long term. Countries like Russia and China, who plan on being around longer than next week. Just smile big time at the dropping gold price…

Soros, Goldman Sachs, The New York Times and plenty of other good patriotic only to money idiots, proclaimed that gold was not worth wiping your butt with. Gold is so past foretime that if you see some gold laying around, toss it in the trash. We have no use for that substance anymore. That is why paper certificates are being used to try to destroy real gold. It will not happen in the long run and will only make the results worse in the end, as it does every time they do this stuff…

Another behind the scene happening is the fact that Russia and China (BRICS) are trying to start a bank. The west is trying to punish the new kids on the block, but all it will do is allow more gold to be bought by Russia and China. Russia and China expect this and know all the games that will be played…

China and Russia are ecstatic and the farther it goes down the better, because that is less they have to pay as they continue at a furious pace, buying all the Western gold. They have very long terms in sight and are not worried about next week, next month or even next year when it comes to gold. They are planning for the future and now the can buy more gold at a cheaper price…

The gold that is in question (500 tons of gold) is all paper gold certificates and was all bought and sold by the same facility. That makes it a crooked deal if you or I did it, but hey! We are peons…

golddumpJust remember that Russia and China will buy all that gold with worthless USA dollars and smile all the way to the vault as they exchange that funny money paper dollars for real gold. Both countries have lots of dollars to use up. No Russian and China do not deal with paper certificate gold, they deal with real gold, in your hand heavy solid gold…

If the price gets far enough down I will start buying gold again and if silver does the same, I will do the same. I have been waiting for the artificial push against gold to happen and lets hope it rolls down a long ways, because the day it starts back up again. We will be in big trouble with that worthless paper stuff, we call money…

The old saying, “Give then enough rope and they will hang themselves!” is so true…

Ta-ra-ra Boom-de-ay; as the games are played…

Post by Kyle Keeton
Windows to Russia…

kKEETON @ Windows to Russia…

Permission to reprint in whole or in part is gladly granted, provided full credit is given...


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Consider the 500 tons of paper gold sold on Friday. Begin with the question, how many ounces is 500 tons? There are 2,000 pounds to one ton. 500 tons equal 1,000,000 pounds. There are 16 ounces to one pound, which comes to 16 million ounces of short sales on Friday.

Who has 16 million ounces of gold? At the beginning gold price that day of about $1,550, that comes to $24,800,000,000. Who has that kind of money?

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1) Only paper gold was sold – this was done to get people who own actual physical gold to panic to sell it so the central banks could claim it at rock bottom prices

2) Demand to buy gold exceeded sellers at a ratio of 50:1. Most are viewing this as an excellent buying opportunity. Few people are selling off real physical gold

3) The US’s biggest copper mine and second biggest silver mine experienced a landslide that will shut it down for years. Silver prices will eventually sky rocket.

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In the opening years of the last decade, most mainstream investors sat on the sidelines while “tin hat” goldbugs rode the bull market from below $300 to just over $1,000 per ounce. But following the 2008 financial crisis, when gold held up better than stocks during the decline and made new record highs long before the Dow Jones fully recovered, Wall Street finally sat up and took notice. The new devotees helped to push gold to nearly $1,900 by September of 2011. For the next year and a half it held relatively steady, trading mostly between $1,500 and $1,800 as… Read more »

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Reports confirm that the dramatic dip in the paper gold market was due to a deliberate speculative onslaught by major financial institutions with the complicity of the US Federal Reserve: According to Andrew Maguire, on Friday, April 12, the Fed’s agents hit the market with 500 tons of naked shorts. … In the paper gold market, the participants are betting on gold prices and are content with the monetary payment. Therefore, generally, as participants are not interested in taking delivery of the gold, naked shorts do not need to be covered with the physical metal. ….In other words, with naked… Read more »