More info is coming to light about banks manipulating commodity prices, especially gold and silver. The collusion runs deep.
Gold prices have now fallen below the cost to mine it for some companies. What does this mean? It means supplies will start to shrink and the price by all normal valuations will go up. If it doesn't, well - further manipulation is occurring.
Remember the fed is printing 85 BILLION in new money every month. In any sane world, the US dollar should be falling while the price of gold (a tangible real asset) is rising.
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"Big Banks Manipulated Gold and Silver Markets
Posted on September 16, 2013 by WashingtonsBlog
Gold and Silver Are Manipulated
The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be.
Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers have handed over evidence of gold and silver manipulation by their bank:"
Read more at the link above.
'via Blog this'
