Drinking breakfast coffee & chicory, it was obvious that the Cartel attacked the COMEX open with mucho gusto yesterday morning.
I had been 'expecting' the quarterly trifecta of market-rigging from these cynical bastards, and they did not fail me.
- Silver was clobbered from $33.90 to $33.25, and Gold was driven from $1765 to $1738 within minutes.
No, this is not the 'free market' setting price by discovery, offer-and-acceptance.
The TRIFECTA:
1. This happens to be the end of the third quarter, 3Q. Mark-to-market manipulations as books are 'squared' (and made to look not-as-bad-as-they-are) are by now routine in the abnormality of the market action. No matter how much they wiggle and dance, the last few drops fall down their pants, er...balance sheets.
- Those who get to see the 'real' books must be absolutely pissing themselves.
2. Don't overlook that today 9/27 also marks the CRIMEX Gold expiry, another favorite 'target' for our cynical raiders to hit. This happens like clockwork, repeatedly.
- It's merely a 'coincidence' that price-suppression discourages anyone from taking physical delivery, btw. Wink, wink, nod, nod.
3. For all practical purposes, the markets are unregulated and criminally fraudulent market 'rigging' has absolutely no consequences right now.
- Money for nothing, and get out of jail free cards for all my 'connected' friends sing the Banksta Gangsta's.
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