Commodity Trade Mantra

Posts Tagged ‘Gold Cartel’

How Much Gold is on Loan Worldwide?

Central banks manipulate gold prices with derivative products in a very opaque way. Central bank accounting for gold is rather peculiar: gold receivables and bullion still in their vaults are treated as a single line item in their balance sheets. This makes it almost impossible for outsiders to ascertain how much of their gold is actually on loan.

Can The New Silver Fix End The Ongoing Silver Price Manipulation?

The fixing is influenced from outside and the futures market is the main cause for manipulation of the silver price. Unfortunately, that issue cannot be solved by only “fixing the fix.” One has to end the manipulations in the silver futures market, which is, up until now, visibly not desired by the American authorities.

Manipulation Cannot Stop Gold From Rising Significantly

It was only after the Libor scandal, that the awareness of the broad public was opened to manipulation in all sorts of financial assets like currencies, commodities, gold and silver, etc. Gold is a liquid store of value and manipulation cannot stop gold from rising significantly.

Miners Should Launch a Gold Cartel or Risk Losing Everything

What is there left to lose for the deeply depressed gold mining industry but to take revolutionary steps and to fight back? – Its time to get their act together before banks force them to hedge and sell forward their business for peanuts, rendering them incapable of benefiting from rising prices in the future.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook