Expect A Number Of Lock Limit Up Days In The Gold Market To Shock The World
Bankster Market Manipulation Is A Fact
“For
gold to be soft as we are watching a panic spread throughout the world
is irrational. There has to be manipulation. That’s not a conspiracy
theory, it’s a fact. We know there have been manipulations whether it’s
in Forex or LIBOR, and we know for a fact that banks have been
convicted of felonies for rigging those markets.
The Great Panic Is Now On Throughout The World
It’s
not in the interest of the Chinese, America’s central bank, Japan, or
Europe to see their currencies under pressure as gold prices rise. In
China, for example, the panic is on. As a matter of fact the panic is
on throughout the world. We just saw the Shanghai Index decline some 30
percent from its June 12 peak! Anyone else in any part of the world
would call that a crash.
Look
at what’s going on with Greece and the whole eurozone. Than the panic
is on. How could anybody with an ounce of brains that lives in Greece
keep their money in the banks as they saw this crisis unfold? Now they
are waiting in line because they have a ‘bank holiday.’ ‘Bank holiday,’
how’s that for BS? ‘Holiday,’ we’re going to take your money and hold
it and maybe we’ll give it back to you. Look at the amount of gold
purchases going on in Greece right now. Don’t they wish they had their
money in gold, rather than in a bank in Greece?
There
is no recovery in Japan. You are already looking at declines of
currencies around the world. Indonesia — the currency is down over 7
percent. Brazil has a recession going on.
Rising Gold Prices Threaten The Global Ponzi Scheme
So
central bankers around the world don’t want to see gold prices go up
because that’s a direct reflection of their global Ponzi scheme.
They’ve been pumping the markets with record low interest rates. You
have zero percent interest rates here in the United States going on
what, 91months? You are looking at negative interest rates in parts of
Europe. We saw negative Swiss and German bond yields.
And
the Chinese are desperately trying to pump up their failing market and
that’s one of the biggest markets in the world. Look at all the retail
investors in the Chinese market. It’s doubled in one year. It has
nothing to do with the fundamentals of the economy. So it (the global
financial system) is one big Ponzi scheme and gold prices are
(temporarily) being suppressed by the central bankers (but the price
suppression won't last).”
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