Commodity Trade Mantra

Posts Tagged ‘Gold Pool’

Is the Dollar Gold Price controlled by JPM in Cooperation with the BIS?

We ask ourselves if JPM & the BIS are operating agents for a higher goal & conclude that there is no free market for gold. Yes, we are convinced that the dollar gold price is controlled by JPM in cooperation with the BIS with knowledge of or by order from the authorities. Is this not a monopoly situation & abuse of power? Most certainly there is no level playing field.

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.

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