Let's put Friday's bullion "raids" by the Masters of Paper into context by connecting some dots.
It's easy to see the same old, same old, manipulation of the CRIMEX paper spot prices this past Black Friday.
- Stand alone, business as usual for the Cartel.
Now consider that the 1yr GOFO just hit not only the lowest point so far in the 21st century, but is nearly where it has never gone before....negative.
- Instead of physical Gold being used as a source of collateral to obtain cash financing, investors are paying to 'borrow' Gold. [read: There is a shortage of physical Gold at commercial and central banks...the biggest shortage in history.]
- Can you say "rehypothecated?" Synthetic (imaginary, paper Gold that has been sold and resold multiple times) cannot be delivered.
Here is the final, biggest, dot for today. The Swiss Gold Referendum Sunday Nov 30th.
- If it was allowed to "pass" it would end the central bank Gold suppression mechanism, and the price of physical Gold would go 'bid only' (there will be no sellers).....so it will not be allowed to happen if the crooks have anything to say about it.
The media blitz against Gold and the referendum when linked to the antics on the Paper COMEX Friday before the weekend are in perfect harmony and synchronicity.
- What a HUGE coincidence, huh?
Sunday, 30 November 2014
Putting it all in context......................from Rico
From Theo Spark at 11:20
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment