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The Hows and Whys of Gold Price Manipulation

Central bank manipulation of precious metal prices—though gold leasing and fractional reserve lending—explained by Paul Craig Roberts and Dave Kranzler.

"Why does the Fed need seven years in which to return 20 percent of Germany’s gold? The answer is that the Fed does not have the gold in its vault to deliver. In 2011 it took four months to return Venezuela’s 160 tonnes of gold. Obviously, the gold was not readily at hand and had to be borrowed, perhaps from unsuspecting private owners who mistakenly believe that their gold is held in trust."

Well worth a read.

http://www.paulcraigroberts.org/2014/01/17/hows-whys-gold-pr...



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Its there... as long as you don't ask for it.

So in other words, you don't lose your gold until every one demands delivery. Isn't that sort of what happened to Maddow's scheme? Oh well, I don't even want to go into the Tungsten thingy.

God forgives always. Man forgives sometimes. But Nature never forgives.

Chart your course away from the Fed's oblivion!

Paper-Price of a future price to buy Paper-Gold! Hurry on down! COMEX ® is having yet another Going-Out-of-Business Sale!

Click on this chart to show an enlarged image all by itself.

This chart also appears in the Paul Craig Roberts essay (linked by this forum).

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

What's The BEST Way To Expose Dishonest People?

Answer:
Catch them in the spotlight {or expose them} with their pants down !

P. S. Great article, thank you.

beesting

I was just fixing to post this article

but like is so often the case...someone here at the DP is already on top of it. :-)