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The Gold Train is Leaving the Station as Investors Return to its True Purpose – Money
Governments have always tried to overpromise and overspend, leading to tyranny and dishonesty from the most powerful entities that are in existence.
Even back in the days of Sir Isaac Newton (the inventor of...
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Frank Thomas is with Sam Wheeler and 17 others.

I've been telling people this was coming for quite a while now.

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Gold Price Manipulation in 2015
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A link to this week's article covering an in-depth analysis of the gold and silver mining sector: http://www.gold-eagle.com/article/gold-miners-historic-reva...
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Published on Jun 14, 2015 Ed Steer joins Cambridge House Live anchor Vanessa Collette to discuss the possibility of China's actual gold reserves being disclo...
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Peter Schiff on RT Boom Bust 11/17/2015 Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports Peter Schiff Gold News: http://www.Schi...
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Financial Myth BUSTING with Dawn J. Bennett and Bo Polny Interview of November 8, 2015. The Coming Crash. Bo Polny, financial trends forecaster & publisher o...
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SILVER PURCHASES BY JP MORGAN - WHAT DOES IT MEAN FOR YOU?
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Real Value of Silver - How to prevent your wealth transfer in a collapse
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A huge deposit holding at least 470 tons of gold has been discovered beneath the seabed of the East China Sea.
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In fact, the word ‘money’ has now become synonymous with those funny pieces of paper that are conjured out of thin air by unelected central bankers.
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Frank Thomas added a new photo to the album: Gold Trends — with Louis Kim and 2 others.

In the precious metals markets this week . . .
GOLD:
Monex spot gold prices opened the week at $1,165 . . . traded as high as $1,191 on Thursday and as low as $...1,160 on Monday and Tuesday . . . and the Monex AM settlement price on Friday was $1,184, up $19 for the week. Gold support is now anticipated at $1,176, then $1,157, and then $1,141 . . . with resistance anticipated at $1,191, then $1,204, and then $1,224.

SILVER:
Monex spot silver prices opened the week at $15.94 . . . traded as high as $16.19 on Thursday and as low as $15.81 on Tuesday . . . and the Monex AM settlement price on Friday was $16.11, up $.17 for the week. Silver support is now anticipated at $15.96, then $15.77, and then $15.46 . . . and resistance anticipated at $16.36, then $16.80, and then $17.38.

PLATINUM:
Monex spot platinum prices opened the week at $991 . . . traded as high as $1,026 on Friday and as low as $984 on Tuesday . . . and the Monex AM settlement price on Friday was $1,020, up $29 for the week. Platinum support is now anticipated at $984, then $955, and then $932 . . . and resistance anticipated at $1,024, then $1,041, and then $1,076.

PALLADIUM:
Monex spot palladium prices opened the week at $709 . . . traded as high as $719 on Monday and as low as $685 on Tuesday . . . and the Monex AM settlement price on Friday was $699, down $10 for the week. Palladium support is now anticipated at $694, then $661, and then $628 . . . and resistance anticipated at $723, then $755, and then $769.

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More: http://hiddensecretsofmoney.com/videos Hidden Secrets Of Money is a world-leading educational series that is sponsored by, and also based on the pricip...
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Frank Thomas is with Thomas Meeker and 18 others.

This is an excellent Simon Black article concerning gold & silver pricing. Check it out....
>>>Nearly four months ago on June 2nd, something very unusual happen...ed in Edmonton, Alberta, Canada.

The price of propane actually became negative, hitting an unbelievable -0.625 cents per gallon.

It’s hard to believe that the price of a productive commodity could become so beat down by the market that producers would practically have to pay you to take it off their hands.

Now that’s cheap. And completely nuts.

This actually happens from time to time with certain commodities. And there are a number of reasons for it.

A negative price might imply a dramatic oversupply where the cost of storing the commodity exceeds the benefit from owning it.

Sometimes even something like real estate can have a negative value—perhaps when a building is in such decrepit condition that the cost of tearing down the structure exceeds the land value.

But sometimes a negative price simply means that markets are completely broken.

The primary function of a marketplace is what’s called ‘price discovery’. This is an incredibly important role where buyers and sellers collectively determine the true value of a product, service, or asset.

Think of it like an auction: if you really want to know what that old baseball card is worth, put it on eBay and let the market tell you.

The problem is that, these days, markets are so heavily manipulated that the price discovery mechanism has been broken.

Consider that the most important ‘price’ in the world is the price of money, i.e. interest rates.

The price of money dictates, or at least heavily influences, the price of so many other major assets and commodities. Stocks. Bonds. Oil. Home prices.

And yet, rather than leave this all-important price to be set by the market, the price of money is established by an unelected committee of central bankers.

So by setting the price of money, they are effectively influencing the price of just about EVERYTHING. Including propane in Alberta.

Then of course there’s the more nefarious price manipulation, much of which is coming to light now.

There was the appalling LIBOR scandal back in 2012 when multiple banks confessed to criminal charges of conspiring to fix interest rates.

Investors in the United States have filed a number of lawsuits alleging that banks and brokers have rigged the market for US Treasury bonds.

The US Federal Energy Regulatory Commission has recently accused French oil company Total and British firm BP of manipulating natural gas prices.

And both the US Department of Justice and the Swiss Competition Commission are investigating several banks for colluding to manipulate gold and silver prices.

So in addition to markets being broken, there’s also an extraordinary amount of manipulation going on… which means that, quite often, prices mean absolutely nothing.

Consider gold and silver, two obvious long-term stores of value whose prices have been in decline.

Bear in mind these are paper prices, i.e. prices set in broken commodities markets, heavily influenced by central banks, and criminally manipulated by investment banks.

So is this price really a valid indicator of their worth? Not by a long shot.

Think about the ever-widening gulf between the ‘paper’ price of silver and the ‘physical’ price of silver… evidenced by the massive shortage in real, physical silver right now.

The paper prices of gold and silver are set (and manipulated) in financial markets through commodities exchanges.

It’s not like traders are huddled around bags of coins bidding on which one of them will haul it away.

Instead they’re dealing with contracts... pieces of paper (or electrons) passed around by traders and bankers.

In fact, the gold and silver contracts traded in commodities exchanges are designed especially for people who have no intention of ever taking physical possession of the metal.

Case in point: the paper price for silver traded in Chicago is based on a contract that is supposed to end with physical silver being delivered to the buyer.

But the contract specifications set by the exchange allow up to 10% FEWER ounces of silver to be delivered than what was specified in the contract.

And in London, the London Bullion Market Association’s “Good Delivery” rules allow silver bars to be up to 25% less than what was specified in the contract.

Amazing.

And it certainly raises the question-- who would possibly purchase 1,000 ounces of silver if the exchange was only required to deliver 750?

Anyone who actually wants to own real gold and silver would rather buy from a local coin dealer.

Futures contracts are for bankers and traders. Paper prices are for economists and reporters.

The current shortage of silver, particularly in North America, is a much better reflection of its value than heavily manipulated commodities markets.

All these contracts and prices truly reflect is how broken the financial system really is… which is actually precisely why you would want to own more gold and silver.

Seriously, how messed up is our financial system when asset prices across the world can be so easily rigged by the very institutions that demand our trust?

This system is pure insanity, as are its prices.

As such, I don’t let their prices guide my life. It wouldn’t bother me if the price of gold went negative, just like propane in Alberta.

After all, I’m not trading paper currency for gold, just to trade it back for more paper currency if the ‘price’ goes up.

The idea behind buying gold is to swap paper money for something real.

Banks can rig its price all they want; gold’s true value comes from its function as a long-term form of savings and a hedge against a broken financial system.

And the more ridiculous the system gets, the more valuable it becomes.

Article by Simon Black

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Image may contain: 1 person, closeup and text
Frank Thomas is with Thomas Meeker and 18 others.

This is an excellent Simon Black article concerning gold & silver pricing. Check it out....
>>>Nearly four months ago on June 2nd, something very unusual happen...ed in Edmonton, Alberta, Canada.

The price of propane actually became negative, hitting an unbelievable -0.625 cents per gallon.

It’s hard to believe that the price of a productive commodity could become so beat down by the market that producers would practically have to pay you to take it off their hands.

Now that’s cheap. And completely nuts.

This actually happens from time to time with certain commodities. And there are a number of reasons for it.

A negative price might imply a dramatic oversupply where the cost of storing the commodity exceeds the benefit from owning it.

Sometimes even something like real estate can have a negative value—perhaps when a building is in such decrepit condition that the cost of tearing down the structure exceeds the land value.

But sometimes a negative price simply means that markets are completely broken.

The primary function of a marketplace is what’s called ‘price discovery’. This is an incredibly important role where buyers and sellers collectively determine the true value of a product, service, or asset.

Think of it like an auction: if you really want to know what that old baseball card is worth, put it on eBay and let the market tell you.

The problem is that, these days, markets are so heavily manipulated that the price discovery mechanism has been broken.

Consider that the most important ‘price’ in the world is the price of money, i.e. interest rates.

The price of money dictates, or at least heavily influences, the price of so many other major assets and commodities. Stocks. Bonds. Oil. Home prices.

And yet, rather than leave this all-important price to be set by the market, the price of money is established by an unelected committee of central bankers.

So by setting the price of money, they are effectively influencing the price of just about EVERYTHING. Including propane in Alberta.

Then of course there’s the more nefarious price manipulation, much of which is coming to light now.

There was the appalling LIBOR scandal back in 2012 when multiple banks confessed to criminal charges of conspiring to fix interest rates.

Investors in the United States have filed a number of lawsuits alleging that banks and brokers have rigged the market for US Treasury bonds.

The US Federal Energy Regulatory Commission has recently accused French oil company Total and British firm BP of manipulating natural gas prices.

And both the US Department of Justice and the Swiss Competition Commission are investigating several banks for colluding to manipulate gold and silver prices.

So in addition to markets being broken, there’s also an extraordinary amount of manipulation going on… which means that, quite often, prices mean absolutely nothing.

Consider gold and silver, two obvious long-term stores of value whose prices have been in decline.

Bear in mind these are paper prices, i.e. prices set in broken commodities markets, heavily influenced by central banks, and criminally manipulated by investment banks.

So is this price really a valid indicator of their worth? Not by a long shot.

Think about the ever-widening gulf between the ‘paper’ price of silver and the ‘physical’ price of silver… evidenced by the massive shortage in real, physical silver right now.

The paper prices of gold and silver are set (and manipulated) in financial markets through commodities exchanges.

It’s not like traders are huddled around bags of coins bidding on which one of them will haul it away.

Instead they’re dealing with contracts... pieces of paper (or electrons) passed around by traders and bankers.

In fact, the gold and silver contracts traded in commodities exchanges are designed especially for people who have no intention of ever taking physical possession of the metal.

Case in point: the paper price for silver traded in Chicago is based on a contract that is supposed to end with physical silver being delivered to the buyer.

But the contract specifications set by the exchange allow up to 10% FEWER ounces of silver to be delivered than what was specified in the contract.

And in London, the London Bullion Market Association’s “Good Delivery” rules allow silver bars to be up to 25% less than what was specified in the contract.

Amazing.

And it certainly raises the question-- who would possibly purchase 1,000 ounces of silver if the exchange was only required to deliver 750?

Anyone who actually wants to own real gold and silver would rather buy from a local coin dealer.

Futures contracts are for bankers and traders. Paper prices are for economists and reporters.

The current shortage of silver, particularly in North America, is a much better reflection of its value than heavily manipulated commodities markets.

All these contracts and prices truly reflect is how broken the financial system really is… which is actually precisely why you would want to own more gold and silver.

Seriously, how messed up is our financial system when asset prices across the world can be so easily rigged by the very institutions that demand our trust?

This system is pure insanity, as are its prices.

As such, I don’t let their prices guide my life. It wouldn’t bother me if the price of gold went negative, just like propane in Alberta.

After all, I’m not trading paper currency for gold, just to trade it back for more paper currency if the ‘price’ goes up.

The idea behind buying gold is to swap paper money for something real.

Banks can rig its price all they want; gold’s true value comes from its function as a long-term form of savings and a hedge against a broken financial system.

And the more ridiculous the system gets, the more valuable it becomes.

Article by Simon Black

See More
A German engineer is claiming to have found trucks loaded with 100 tons of gold, silver and jewels buried near a village south-west of Moscow.
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Welcome back to the JUNIUS MALTBY CHANNEL! As Fall approaches, we will be spending more time here discussing all the topics we tend to cover. Enjoy this segm...
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