Read the story here. Advertise at Before It's News here.
Profile image
By Midas Letter (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Goldman Sachs Battery Metals Call: A History of Manipulation

% of readers think this story is Fact. Add your two cents.

For those of you mystified by Goldman Sachs public pronouncement that the battery metals bull market is over, I present the following list of examples and evidence of Goldman Sachs unprosecuted market manipulation:

Goldman Sachs says: “Short Gold!” – April 10, 2013 – Wall Street Journal

Goldman Sachs: Oil will hit $140 a barrel next year” – May 24, 2011

Senate Panel Says Goldman Sachs ‘Misled the Country,’ Helped Create Housing Bubble” – April 26, 2010

So as a point of historical fact, Goldman Sachs is one of the organizations that is so entrenched within the US financial regulatory system that they can issue such statements with zero fear of repercussion.

That is not to say these statements are any more or less destructive to investors just because they are blatant violations of securities laws. On the contrary, for the vast majority of retail investors who are sufficiently bamboozled by the scope and scale of Goldman to take their every utterance as divine gospel, such statements act as a Pavlovian whistle.

When they hear it, they crowd toward the exit. When short strategists see Goldman manipulating market perception so openly, is like manna from heaven: they can short away and almost certainly count on a collapse in the targeted sector.

As to Goldman’s motivation to proclaim the end of a bull market move despite supply and demand metrics screaming otherwise, it is obvious the financial thugs, who are really not exceedingly smart, misplaced a short bet on the sector and now need to cover the short and end the strategy because it was obviously wrong.

Will we ever see a day when institutionalized criminal behaviour is called out by mainstream financial media instead of just parroting the manipulation?

Likely not. With mainstream media firmly under the control of six oligarchies, whose interests are in general aligned with Goldman, financial journalism has largely become a contradiction in terms.

It would take something akin to a revolution or alien invasion to disempower this elite cadre. They don’t care what we think of them, and they have absolute power to act in any way they see fit.

On the brighter side, if you consider that the market correction in lithium and battery metals stocks as a result of the manipulative campaign is going to present a gargantuan buying opportunity when the one thing Goldman can’t control – the fundamentals – kick in, you could do very well by such a recognition.

Make no mistake: Goldman Sachs will be along shortly with another public pronouncement that ‘battery metals are the investment of a lifetime’ just as soon as they’ve covered their short position and gone long the battery metals.

Original article: Goldman Sachs Battery Metals Call: A History of Manipulation

©2022 Midas Letter. All Rights Reserved.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.