So BOL and Comex do not make money front running and monopolizing the price of gold to a low level? It's the spread stupid? List we know who runs these little cartels. the LME was a cartel that fixed metal commodities and the BOL/COMEX are the same thing. What's the difference? They don't want transparancy because their clients are governments who want to jiggle the price of gold to hide inflation. This is the old FDR trick. "Yaass. yass, we buy off the mines for a higher price, and let them produce, but we put the redemption of gold at a lower price, to make the dollar look strong. Yaas.. we are the biggest consumer, so we are not to buy these shoddies from those bandits in Europe at their rates, no sir.. And just so there is no run on the bank for gold, we make the possession of gold a crime. Yass, yasss, we don't want people smokin' gold in our red-blooded backyard!"
Makes the Argentinian ladrones bancos look like pikers.
We know they set the price and we know the Italians follow with glee as they make more money on a low gold price. Why pay more for raw materials? This explains why the jewelers are over here trying to buy raw gold at low prices direct as they want a long term supply and they no longer want to buy forward lots from the usual thieves. It's the spread stupid.
The real question is what would happen if they sold gold in an open market through brokers and we cut the banks out. They only buy and sell and hold 5% to ten% of the gold anyway! Where would gold go? My guess is that it would float up. If they outlawed derivatives, it would float up for sure. Automatically you would get about 50% fewer gold sales as most gold is sold to buy producers gold forward and that gold is all borrowed of the central bankers friends. i.e. Mr. Rothschild's group.
So what are Mr. Rothschilds stupid friends doing? They scorn gold? Why, uhhh not really. Mr Munk and Mr. Friedland are looking for it like demons possessed. I know some people scratched their bone cages as to why MR. O.T. posted a thing about MONGOLIAN GOLD-COPPER FIND. But who exactly is drilling? Is it a poor blamed fool of a CDN gold hound, or is it the SOUTH AFRICAN GOLD MONOPOLY with ROTHSCHILD FUNDING? (Dutch Shell et lubrious al) And if it is these latter power persons, why they drill for stuff, if so low price that selling pencils on Wall street is better deal?
Who found the Canadian diamonds? I dunno. Maybe Fipke. I think it was Bill Dollar. Bill Dollar knows not to be afraid of a few moons of dilithium here and there. It will all work out, he winks. Best geologist I ever met. And he knows pixie dust.
EC<:-} |
