Comments on: Why China’s Rumored IMF Gold Purchase, If True, Would Be of Huge Significance

By: Frederik

Frederik — Sat, 27 Feb 2010 14:15:39 +0000

I’d say the strategy was sucessfull.
On April 2008, so two years ago, the IMF anouncced
to sell 403 tons. And now it takes two years to sort out
who will get it, and China is always hold on distance.

So what was succesfull. So if you want large amounts
of gold and the futures markets wouldn’t allow to buy it,
the IMF sale was or is the only solution. And to get the
gold you need to be moderate and nice to get the
US approval to purchase. So with this they could moderate
China as a buyer now for two years, and the sale is not
yet completed.

Any more questions why gold hasn’t jumped since April 2008?

Frederik

By: Myron

Myron — Sat, 27 Feb 2010 13:10:48 +0000

Your analysis makes a great deal of sense, the problem for most of us smaller investors is that the manipulation by the BAD BOYS with the shorts they can not cover is that it accomplished exactly what they want.

I.E “the market can remain irrational LONGER than we can remain solvent”in other words they can get away with cheating lying,, illegal manouvers to discourage honest investors who believe in reality and sound economics.

So far the flim flam artists are still firmly in control, but I hope they finally get what they so richly deserve, being on the LOSING end and hopefully serving jail time for their illegal behind the scenes activities to suppress a free market.

By: richard lefew

richard lefew — Sat, 27 Feb 2010 05:08:54 +0000

The elite banker class has never had the media, politicians, big business, and the entire population of the world so well controlled as they have now. There are few checks left to balance their actions.

By: richard lefew

richard lefew — Sat, 27 Feb 2010 05:05:27 +0000

Well reasoned, but highly speculative commentary. Here’s the problem with this entire idea… The crew over at the IMF are all cut from the very same cloth as the crew from the FED and Treasury, and the Bullion Bank crowd who run the games in the gold spot markets and Future’s exchanges.

These guys are meticulous, and they can think more than just a few steps ahead of every move. I don’t know what benefit there is for the IMF to sell this gold. The IMF is a bank, and banks, by virtue of their charters, have unlimited access to currency & credit…perhaps the costs of printing being the only limiting factor as to how much they can produce….why trade away an asset…their gold, for something they can produce for free…. i.e. bank credit, or fiat currency?

It makes no sense whatsoever, and is a ploy of some sort, and they are counting on China or India scooping it up, which furthers whatever plan they have.

They would not do something that would lead to the destruction of any currency, or the weakening of the dollar, or that would lead to an increase in the price of gold.

It’s not like they are reluctant sellers. This is part of the scheme. There’s going to be some boomerange affect that will undermine the position of the longs.

These guys are juggling puppetmasters who seem to have all the inputs into the markets covered in such a way that they can control the rise and fall of each market, currency, etc.

Until other countries get fed up with providing the U.S. with unlimited goods and services in exchange for the funny money we pay them with, nothing will change.

Its a deadly embrace that none of us have figured out yet. (and I’m on your side…believe me, I’m long my entire net worth in physical metals)

The keys may lie in the Tungsten story perhaps. As long as there is Zero ability for the public to see the condition of the bars we are told are held in trust by the Fed for the USA, they can keep this up.

All the nations seem to be mutually agreeable to this situation. I don’t believe China’s position is inimical to the manipulators scheme.

It’s all a show and we’ll never know the truth by watching the puppets…no matter what the puppets do…it’s all part of the show.