Gold PRICE SUPPRESSION is Real - Here's PROOF!

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The Federal Reserve and its bullion bank agents are actively using uncovered futures contracts to illegally manipulate the prices of precious metals in order to keep interest rates below the market rate. 

The purpose of manipulation is to support the U.S. dollar’s reserve status at a time when the dollar shouldbe in decline from the over-supply created by QE and from trade and budget deficits.

Historically, the role of gold and silver has been to function as a means of exchange and a store of wealth during periods of economic and political turmoil. 

Since the bullion bull market began in late 2000, It rose almost non-stop until March 2008, ahead of the Great Financial Crisis, which started with the collapse of Bear Stearns. 

 

When Bear Stearns collapsed, gold was taken down over the course of the next 7 months from $1035 to $680, or 34%; silver from $21 to $8, or 62%. The most violent takedown occurred as Lehman collapsed and Goldman Sachs was about to collapse. This takedown occurred during a period of time when gold should have been going parabolic in price. 

The price of gold finally took off in late October 2008 from $680 to $1900 while the Government and the Fed were busy printing money to bail out the banks. While the price of gold rose nearly 300% from late 2008 to September 2011, the U.S. dollar lost over 17% of its value, falling from 89 on the dollar index to 73.50.

The current takedown of gold from $1900 to $1200 has occurred during a period of time when financial and political fraud and corruption becomes worse and more blatant by the day. Along with this, the intensity and openness with which the metals are systematically beat down seems to grow by the day.

Comex futures trade 23 hours a day via a global computerized trading system known as Globex.  The heaviest period of trading occurs when the actual Comex floor operations are open, which is 8:20 a.m. to 1:30 p.m. EST.  All other times Comex futures trade electronically via Globex.  Gold and silver are smashed primarily  during the Globex-only trading periods, when volume is often  light to non-existent.

This graph of Comex futures trading on December 16th shows the sudden plunge in the price of silver.
 

The second stage of the sharp price drop begins at …Read the rest of the story at GramsGold.com

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