The financial atrocities committed against Humanity are indeed staggering.We’re talking gazillions. Well, I’M talking gazillions because my brain will only recognize so many zeroes and then it’s just an insane amount of money I can’t quantify.
The scale of the theft and deceit on this planet is almost beyond belief, and we haven’t heard it all yet. I expect it will be leaking out continually from here on. Talk of retracted articles is a common theme these days as information is leaked and taken back on many subjects and the financial is no different.
It’s best to get your money out of the banks. If you must, use a small, local bank or credit union, but stay away from the large ones because the banksters will use your money at the ‘casino’.
We have been told purchasing gold and silver is a good idea, but after reading this article… perhaps not. Land might be better. Ever heard of a ‘trust deed’? ~ BP
$16 Trillion Federal Reserve Lie is Nothing Compared to Gold and Silver Market Manipulation
By Christina Sarich, NationofChange, August 11, 2014 – http://tinyurl.com/oljm6qk
“Given the clubby manipulation efforts we saw in Libor benchmarks, I assume other benchmarks – many other benchmarks – are legit areas of inquiry.” ~ CFTC Commissioner Bart Chilton
The July 2011 audit by the Government Accountability Office of the Federal Reserve exposed one of the biggest lies the US has ever been told – that the Fed had secretly given out $16,000,000,000,000.00 to US banks, corporations and foreign financial institutions everywhere from France to Scotland, but this incredible exposed deceit is nothing compared to what is coming out now about the manipulation of gold and precious metal markets.
The prevarications of cabalistic bankers and their puppeteers are like the teeth of a viperfish. Though the creature looks pretty horrific, they only grow to about 12 inches long, and they like to stay deep in murky waters to avoid detection.
Sure, those prehistoric-looking jaws are scary, but only as long as you stay ill-informed. However, if you were hoping to ride unscathed through the supposed looming Global Currency Reset or Revaluation (GCR), by purchasing gold and silver, think again.
Though the Feds called the secret $16-trillion-dollar bank bailout an ‘all-inclusive loan program’ it was nothing more than a heist. The same as the gold, silver, platinum, and other precious metal market tinkering happening right under our noses, today. These markets are manipulated in order to line the pockets of big financial institutions – who were already bailed out by Cabal money. It’s the continuation of legacy of giving ‘the entitled’ more entitlement.
This manipulation is evidenced in a number of ways. During the nearly 5,000 years in which humanity has been mining/refining gold and silver; the gold/silver price ratio has averaged roughly 15:1. Yet currently (and through all the recent decades of silver manipulation) this ratio has been depressed to 50:1 (or lower).
Christopher Pia, a hedge-fund trader with Moore Capital has just been fined $1 million in a market manipulation of precious metals settlement but his previous fines loomed larger. He paid a $25 million fine to settle separate CFTC claims of attempted manipulation and supervisory violations in April 2010 without admitting or denying the allegations. He is just a small shark in the big ocean, too. If these were just his fines settled out of court, you can imagine the total dollar value of the markets he machinated.
Additionally, China’s Chief Auditor has identified $15.2 billion in loans backed by falsified gold, according to the National Audit Office’s website. It has been estimated that upwards of $80 Billion was advanced in gold backed loans alone, according to Goldman Sachs, as quoted in a Bloomberg article today.
Furthermore, Financial Times removed an article from its site recently that exposed gold market manipulation because it was too ‘sensitive.’ You can see a preserved copy of the article here. The article attests that gold prices were manipulated 50% of the time between 2010 and 2013.
“The findings come amid a probe by German and UK regulators into alleged manipulation of the gold price, which is set twice a day by Deutsche Bank, HSBC [a New York based corporate bank], Barclays, Bank of Nova Scotia, and Societe Generalein a process known as the London gold fixing.”
Let me back up and give just a little history about the players in the ‘investigation’ of market manipulation. The cabal is divided into smaller groups, but they all work together, until their piece of the pie is threatened. The Four Horsemen of Banking include the Bank of America, JP Morgan Chase, Citigroup and Wells Fargo who own the Four Horsemen of Oil: Exxon Mobil, Royal Dutch/Shell, BP Amoco and Chevron Texaco; in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch.
According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.
Many mainstream publications try to minimize investor worries about gold and silver price-fixing by saying that there is no evidence that gold prices are rigged, but you’d have to be a pretty dull knife to buy that fabrication.
As the Financial Times article clearly outlined in their retracted article:
“Research found the gold price frequently climbs (or falls) once a twice-daily conference call between the five banks begins, peaks (or troughs) almost exactly as the call ends and then experiences a sharp reversal, a pattern it alleged may be evidence of “collusive behaviour”.
“[This] is indicative of panel banks pushing the gold price upwards on the basis of a strategy that was likely predetermined before the start of the call in order to benefit their existing positions or pending orders.
“The behaviour of the gold price is very suspicious in 50 per cent of cases. This is not something you would expect to see if you take into account normal market factors.”
In fact, Britain’s Barclay’s bank was recently slapped with a $44 million dollar fine for gold price fixing ( a mere slap on the hand), and as Rolling Stone writer Matt Taibi has said, “The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There’s no price the big banks can’t fix.”
So whether its interest rate swapping, libor fixing, or the manipulation of gold and silver, its all fair game to the Four Horsemen. So are we to believe these goons, represented by some ‘anonymous party’ when they say that they want to change the process of how they value metals?
“The proposal is for an independent chairman and third-party administrator, said the people, who asked not to be identified because the information is private. Deutsche Bank AG’s exit from the process this year as it scales back its commodities business left Societe Generale SA, Bank of Nova Scotia, HSBC Holdings Plc and Barclays Plc to set the fixing price twice a day by phone.”
This, as the World Gold Council (WGC) hosted a meeting on July 7 attended by 34 delegates including producers, refiners, central banks and exchanges, and who discussed the gold benchmark. They unanimously want an independent party to administer the rate as well as improve transparency.
Good luck with that, WGC, it’s like asking for the Easter Bunny to prove that Santa Clause exists. As long as the cabal is allowed to continue its machinations, no trading is sacred.