Manipulation Of Gold prices
Did you ever know the true prices of Gold??
Many specialists and investors around the world believe that precious metals, namely gold and silver are far from reflecting the real value .
The growing disconnect between the spot markets and physical markets for gold and silver leads investors to require about market manipulation issues.
What is the objective of this manipulation?
Claims
that central bankers have been manipulating markets for decades, by overstating
the amount of gold they hold in reserves to give the impression that there's
abundant supply of bullion in order to depress prices. It argues that central
banks are trying to control the price of gold because of bullion's influence on
financial instruments, including currencies, government bonds and interest
rates
The
yellow metal continues to be the asset of choice for central banks as they look
to diversify away from the US dollar.
According
to Andrew Maguire, Fed officials put on the market a value 16 million ounces of gold equivalent of
$ 24 billion . With such an amount, the market believes that the offer is
suddenly plentiful, and the price drop .so the sell off has lost more than $ 1
billion during the operation.
What are the reasons for this manipulation?
Given the correlation relationship between gold and the U.S. dollar, a great rise of Gold, provokes a loss of confidence in the dollar as a safe haven currency. So the exchange rate of the greenback would be affected.
What are the reasons for this manipulation?
Given the correlation relationship between gold and the U.S. dollar, a great rise of Gold, provokes a loss of confidence in the dollar as a safe haven currency. So the exchange rate of the greenback would be affected.
The big manipulative
bullion banks themselves are not directly concerned about currency collapse
because their balance sheets are denominated in U.S. Dollars.
How to stop this manipulation?
Unfortunately, handling paper markets in gold and silver is continuing, despite the warning about the manipulation and the corruption in precious metals markets.
Unfortunately, handling paper markets in gold and silver is continuing, despite the warning about the manipulation and the corruption in precious metals markets.
Furthermore,
terminating precious metal market manipulation by officials — such as the CFTC
for example — is virtually impossible because they would be incriminating
themselves.
However, it is possible
to put an end to manipulation, when the United States will be completely
isolated internationally , and the U.S. dollar will be rejected as a means of
settling international trade.
Despite handling and falling markets paper precious metals, demand for physical precious metals is increasing. China, like other developing countries, and some investors, knows that handling is an exceptional gain of physics at artificially low prices opportunity.
Despite handling and falling markets paper precious metals, demand for physical precious metals is increasing. China, like other developing countries, and some investors, knows that handling is an exceptional gain of physics at artificially low prices opportunity.
