Extreme And Blatant Gold Futures Manipulation: Bad Jobs Report Ahead?





















22 thoughts on “Extreme And Blatant Gold Futures Manipulation: Bad Jobs Report Ahead?

  1. It would be nice if more republicans except Trump could attack Yellen the way he did yesterday.
    Of course all the FED idiots are supporting Obama and doing everything in their power to prevent a crash under Obamas watch.
    They want the stockmarket scam to go on until it can be blamed on the next president if he or she is republican.
    I hope they put massive pressure on the FED because they are biased in this question.
    Now it´s time to load up on more AMZN shares they will be at 8000 dollars before year end!

  2. I’m afraid we have to wait till the last gold bullions have been shipped to China and India. Then this whole fraud will finally come to an end. It’s actually scary what the aftermath will be. “The Road” and “Mad Max” are surely possibilities.

    I’m prepared to snatch my buy finger on Friday this week or Monday next week. Fight the financial fascists!


      And why would it? Thousand of tonnes of real metal trade outside the US yearly and have absolutely zero effect on “the gold price”. The only thing empowered by governments to set the price is this Comex thing – a casino, in which players BET on the direction of “the gold price” hoping to win more paper dollars. They don’t want metal. They want paper dollar-denominated yield. No one goes there for real metal.

      A Comex default? Even IF some outsider somehow managed to penetrate the club and “win” enough metal, the Comex would settle in cash. And within ten minutes the casino would resume and the betting (and price-setting) would continue…

      1. BIG tonnage of PM is going from the west to the east, way more than mine+scrap supplies. This is not sustainable (at current prices), so it will end “sometimes”. This is mathematically guaranteed. The only question is when, and anyones guess is as good as mine. But when this turns for good, it will likely turn fast, very fast, and will leave the masses with no metals behind, as ALL paper contracts will be cash settled, defaulted upon, or declared null and void. The confiscation is happening NOW.

      2. As long as the Chinese can get gold for cheap they don’t mind the COMEX fraud at all. Once the last bullions from the Western vaults are shipped to China and they sold all their US treasuries to the FED they will reset the monetary system in favor of their own currency and gold. Price finding of gold will be in China not on the COMEX.

        Do you think settling contracts in cash wouldn’t be a sign to the rest of the world? The ratio of paper contracts to deliverable gold going from 300:1 to infinity would allow business as usual? Dream on!

    1. Isn’t a new president behind bars a legal possibility?

      As far as I know there is only an “optional disqualification” but no real restriction in the eligibility of a convicted new president.

      Under Article I, Section 3, Clause 7, upon conviction in impeachment cases, the Senate has the option of disqualifying convicted individuals… but as far as I can see she has not been convicted…

      Wouldn’t it be a glorious grotesque play to legally inaugurate a convicted, but qualified president, who is to be ruling the world from behind the bars?

  3. I’m very sorry to say, but now it doesn’t seem totally out of question that the criminals will take paper-metal ratio to 1000, and hammer paper gold price to below 1000. I had personally ridiculed such calls in the past. But the extent of madness of the monster we’re facing is now there to see in broad daylight.

    Could any sane person have ever predicted they would stretch the ratio to 300??? If they’re so insane, why can’t they stretch it even further? Like a wounded animal, they’re making a public declaration that they’ll defend this insanity with all they got; and that includes nuclear / biological / EMP and other sinister weapons.

    1. 300-to-one. And how would anything change even at 10,000-to-one?

      In the extremely unlikely event of some miscreant actually winning unavailable metal, he’d be paid out via ‘force majeure’ with a nice sum of the very cash that the Comex bettors are all after anyway.

      And ten minutes later the casino would re-open for more government-protected betting. It’s called “systemic manipulation”.

  4. Folks,
    Gold and Silver are going to get hammered again. Why? Because the U$ Dollar is about to begin another leg up. Sound preposterous? It’s not. Emerging markets are getting destroyed. You’ve got your warning. The next big move in the Dollar is UP, not DOWN. We are entering a deflationary depression. The Fed is out of ammo.
    I am not marketing anything except a dire warning.

    You want to make some money? Go long the greenback. You heard it from Chris first.

    Good luck.

  5. The market seasonality is historically strong in the 4/Q with December being the strongest month. And yet only 2 sectors staples & tech are higher than early August.

    Liquidity has become scarce and is most evident in retail when viewing the S & P Retail Ex. AMZN, NFLX, EXPE, since its only these 3 that are holding up the sector!

    As per the Russell 2000 relative to the S& P 500 small companies reflect poor liquidity.

    When comparing equal-weight discretionary relative to market-weight discretionary, again the smaller companies are doing very poorly.

    Manufacturing accounts for only 12% of the US economy employing just 9% of the workforce, which is otherwise driven by consumer spending and services. However most consumers are struggling, attempting to “get by” on low wage service sector jobs!

    Yet the market is up? And gold is down? Bad is good? And good is bad? WTF???

  6. Drowning in adjusted EBITDA!
    November 3, 2015





  7. It seems like if the jobs reset is going to be great then they wouldn’t be so aggressively taking gold down. It appears they are aggressively covering their shorts before Friday.

    It does appear the level of manipulation matches extreme desperation by the Western central planning communists to hold the f”ree” markets together.

  8. Jobs? Who needs ’em.. I personally laid off two US 6-fig. engineers last Friday… Nothing good happening from where I sit Dave. 1Kg Lunar Dragon.

  9. Think like a goon. Take gold and silver down to support. Issue a strong employment report on Friday. Rally dollar. Watch all the metal ong specs get chased out, drop gold/silver through support and destroy the charts. Another hoped for trend change in the metals is kaput.

  10. One has only to look at historical gold prices to see that the price of gold bears no relationship whatsoever to the US $. E.g., in 1934 it was > $600, only half what it is today. Whereas today’s $ is probably worth < 1/40th of the gold-backed 1934 $ (e.g., oil was <$2 a barrel). So, in effect, gold is trading at < 1/20th what it was in the 30s. I see that gold is now trading at exactly what it was in the late 70s, when oil was < $20 a barrel (and a new Honda Civic was about $3K).

  11. I believe the gold and silver will be the least of anyone’s
    real concerns. If you are watching current developments
    in the Middle East, the fuse has been lit and the real shit
    is now in motion. It reminds me of the Road when the dude
    finds a coffee can full of gold Krugerrand’s and places the
    can back on the shelf. It will be about clean water, food
    and personal survival.

  12. Why would I want to buy gold when it’s obvious that this manipulation will continue indefinitely? There is no reason to believe that these criminals will be prosecuted, as they would have been, say 30 years ago. And it doesn’t matter if the vaults in the West run out of physical gold, because they don’t need physical gold to manipulate the price. All this talk about a spike in gold is nothing but wishful thinking.

    If anyone disagrees, please explain to me why you believe the manipulation will stop.

  13. Au to 1093USD, more likely 1079 to hit those sell stops.

    Bad jobs report, agreed. Bonds near support stocks near resistance. Good time to retrace.

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