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Mining

Finally the Bafin is unraveling the gold manipulation/intervention by the central banks and the Fed

The sell-off in the markets again clearly illustrated the manipulation of gold and silver

Especially with the tug of war going on in the markets, “Markets tumble as fear spreads” runs the heading of the WSJ, January 25, 2013, the forced sell offs in the gold and silver market couldn’t be a more blatant expression of that the authorities are @#$%&* scarred! Being safe havens, gold and silver, like 10-y treasuries, should go through the roof with these falling markets and especially taking into account the fall in the emerging market currencies and they don’t! Whilst the US dollar gained from the weakness in the EM currencies the ultimate beneficiary should be gold and silver (hence why the demand at the mints is so strong). It defies all logic and the reason is that they are manipulated to give the misperception that there is nothing structurally wrong with the markets which is of course BS otherwise you won’t have these kind of falls in the markets. Anyway the manipulation is in my point view very clearly illustrated by the movements and the difference in movements in gold and silver. Silver, which is a much smaller market, can thus be much easier manipulated that is why the steep fall in the silver. See the screen shots here below.

Finally the unraveling of the gold manipulation Jan 31, 2014