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Lamestream Media Finally Admits to MASSIVE Gold Manipulation!

Friday, December 5, 2014 12:50

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For most gold investors, the manipulation of the price of precious metals has been blatant and obvious. Almost everyone who buys physical gold and silver believes that big banks and governments have a vested interest in keeping prices down to support their fiat currencies, and that the market is rigged with massive amounts of “paper” gold,” reports The Daily Sheeple.

If there was no funny business going on, then there would be no reason to buy physical gold. Doing so is basically a middle finger to the banks, and can be your way of telling the manipulators that you aren’t playing their game.

If anything, this market rigging has been solely responsible for the growth of the gold movement. And make no mistake, it is a political movement, just as much as it is a financial movement. With the price being kept artificially low, everyone who knows about this manipulation, also knows that they are getting a great deal when they buy precious metals.

They know what it’s really worth, and realize that in the long term, the manipulation can’t last forever.

Unfortunately (or fortunately if you’ve already bought gold), the mainstream media has done nothing to inform the public of these market shenanigans. They have long derided gold investors by calling them conspiracy theorists, and claiming that gold is nothing more than a bubble.

However it appears that the media is finally coming around to the idea that these markets are rigged, for reasons that I can only speculate. I can’t fathom why their corporate handlers would allow these talking heads to fess up to the true nature of precious metals. Perhaps after buying gold at artificially low prices for so long, they are going to make a windfall by hyping up its manipulation, thus bringing the price back up.

Financial analyst Rob Kirby said the gold price was ready to go up. In the international market, where it is sold by the ton–it has. Kirby explains, “For large amounts of bullion in the Asian market, the pricing mechanism has completely and utterly divorced itself from the fraudulent paper prices that are being reflected in the exchanges in the Western world.”

In the Asian market, if you could find . . . physical bullion . . . as cheap as spot plus 50%, you’d be doing really, really, really well . . . and you’d be hard pressed to find serious tonnage at that price in Asia.”

“Kirby, who specializes in acquiring large amounts of physical gold for clients, sees physical gold bullion selling for at least “50%” over spot, which would put the price of gold in Asia at least $1,800 per ounce. Kirby also says, “Prices being paid right now in Asia make a mockery of the prices being shown in COMEX and the LBMA (London Bullion Market Association).

These paper markets have divorced themselves from the laws of economics. The paper gold price and the paper silver price has utterly stood economics on its ear because rudimentary economics tells you as demand increases, prices are supposed to increase. Simple supply and demand dictate this. The precious metals market in the Western world is the only market in the world where increased demand means a lower price, if you want to believe that.”

Kirby contends fraud is the only way to explain skyrocketing demand and plunging prices and says,

“So, we’re all being treated to a colossal fraud, and the people perpetrating this fraud are the controllers of the western financial system and the people behind U.S. dollar hegemony.”

They are pulling a massive, massive fraud on humanity, and it’s not sustainable. It will ultimately break down.”

If you can’t afford the high prices of gold, consider buying it by the gram. It’s affordable! Check it out here:

To see the CNBC video in which this information was obtained, or to go to more articles, click on image below:

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