Saturday , 27 April 2024

Spotlight On U.S. Gov’t & Wall St. Bank Involvement In Gold

The infographic below from BullionStar puts the spotlight on the deep involvement of the U.S. Government and Wall Street banks in the gold market, and their nefarious manipulation of precious metals prices, illustrating:

  • the supposed size and location of the US Treasury Gold Reserves,
  • the 5 massive Wall Street banks that dominant the gold market,
  • that the international gold price is set by paper gold trading in New York and London, and not by physical gold demand and supply,
  • that, while Wall Street banks have been prosecuted for manipulating precious metals and their traders jailed, the same banks still continue to operate with impunity in the gold market,
  • there is continual gold price suppression during New York trading hours, with returns during NY hours a fraction of returns outside NY hours which is statistically impossible,
  • that a U.S. Government group, the Plunge Protection Team (PPT), oversees interventions into markets,
  • that the U.S. Government, Wall Street and the U.S. mainstream media constantly work to prevent gold gaining in popularity to protect the U.S. financial system and the reserve status of the U.S. dollar and
  • that this price manipulation can’t go on forever, and when it fails, the gold price will again be determined by the forces of supply and demand for physical gold.

US GOVERNMENT AND BANKS IN THE GOLD MARKET

 

One comment

  1. No surprises here, but the eye-opening facts are certainly packaged attractively and convincingly.