Comments on: A Simple Experiment to Disprove the Alleged Gold/Silver Price Suppression Schemes

By: stvn

stvn — Sat, 06 Nov 2010 18:10:16 +0000

Royce is one person clearly wanting the ponzi-scheme to continue.

Do a search of Benjamin Fulford, folks.

FAKE fiat money is on the way out.People are & have been dying as this financial war rages on behind the scenes.

We are at war AGAINST the illuminati-satanists who have caused wars, destruction of the environment and famine all for profit.

I for ONE say, “NO MORE.You are all gonna hang from the nearest lightpost where you live you vermin scumbags!”

What say ye?

By: Royce

Royce — Thu, 22 Apr 2010 01:28:58 +0000

Behold a fool………..

By: Cynthia

Cynthia — Sat, 17 Apr 2010 16:50:38 +0000

Royce,

What Stephanie and J.S. are saying makes sense, yet you are arguing against it without stating any argument. You say, “There is some other reason”. In order to say that, don’t you have to have at least an inkling of what that something else might be? If so, I think we would all like to hear your theory, even if you cannot fully buttress it with complete factual evidence at this point.

By: Royce

Royce — Sat, 17 Apr 2010 02:16:04 +0000

I don’t think you understand commodity markets. I am sure you don’t understand the physical gold market.

By: Stephanie

Stephanie — Fri, 16 Apr 2010 17:04:03 +0000

Wrong, Royce. Do you not understand the basic principles of supply and demand, and bank runs? Go over to Friend of Friend of Another’s blog,

http://fofoa.blogspot.com/2010/04/21st-century-bank-run.html

This explains the bank runs of the 21st century, to be on gold and silver (and commodities as well).

Look at the pricing of houses during the boom. You could say there was a run on houses (not in the fractional reserve sense, but that supply was having trouble keeping up with demand or that demand was forecast ahead of time). Things get bid up, and essentially the objects of desire increase not because they are any more valuable than the dollars are, but that the dollar falls against houses. Fact is, it takes more dollars to buy that one house than it did when people were buying them as a place to live.

My point is, if the Chinese try to buy a quarter of the entire above-ground supply of gold, that is a considered a run on the gold supply, and prices will increase such that their remaining reserves (in dollars and other fiat!) will NOT buy the same amount of gold per dollar as before.

And you said, “If gold is being sold they’ll buy it. What are the regulators going to do? Shut down the COMEX? Forever? They open up and the rich start buying again. It would be over in three days I assure you. No, there is some other reason.”

The regulators will make everyone settle in cash to preserve the system. Maybe it would be over in three days if all the gold is actually delivered, but at what price?

Think about it. The financial markets is the greatest scam on the face of this Earth, even greater that what may have occurred millions of years ago…

By: Royce

Royce — Fri, 16 Apr 2010 08:21:28 +0000

To Stephanie and J.S – Your explanation to my question is incorrect. First of all not “all” billionaires are benefitting from the fiat scam. Some like Paulson, Sprott, Soros, etc. are loading up on gold. How many Eric Sprotts would it take to end this thing and send gold prices soaring? Not too many. The guy just offered to buy all the gold the IMF keeps threatening to sell (191 tonnes). My point is some of the ultra-rich stand to make a killing if gold increased dramatically. Again, all the bullion gold in the world (at current price) is less than the value of Wal-Mart. Stop and think about that for 30 seconds. The gold market could be emptied in 3 days if 10 billionaires decided to make it happen. That is my question…why hasn’t this happened? Secondly, you are assuming the government could pull a Hunt brother type slap-down on the big buyers. This is wrong. The Ultra-rich in China don’t care about American regulatory rules? If gold is being sold they’ll buy it. What are the regulators going to do? Shut down the COMEX? Forever? They open up and the rich start buying again. It would be over in three days I assure you. No, there is some other reason.

By: J.S.

J.S. — Thu, 15 Apr 2010 02:39:49 +0000

“Because the day that happens could be the day human civilization ends. They want to keep their plane rides to Barbados, their exotic dinners shipped in from around the world, their nice-but-useless cars, etc. ”
Well put Stephanie. I was going to answer Royce’s question but you have done a fine job yourself. Anyone that has the money of Gates and Buffet could end the ridiculous fraud that occurs in the gold/silver markets but the wealthiest of the elite benefit from the current fiat monetary system so they have no desire to end it, although some may even pretend that they have a desire to end it for public show. I think I read recently someone that stated it only takes the bullion banks about $20 billion to control gold/silver markets through use of fraudulent paper derivatives (futures). I’d have to double-check this to make sure that figure is accurate but it was not a lot of money that is required to control gold/silver markets given the tremendous leverage fraudulent paper derivative products offer. It is a drop in the ocean compared to the trillions Central Banks have thrown around in these recent bailouts. So the wealthy elite could shut down the fraud if they so desired, but they do not desire this, and they know they would get slapped down like the Hunt Brothers if they tried.

The benefits of fraud to those that reside at the top of the pyramid is also the reason why banks participate in the fiat currency system as well. As long as they cooperate with the larger more powerful central banks (citigroup, goldman sachs, jp morgan, etc. they will be bailed out always, and they know it, so they participate instead of disengaging and acting courageously,honorably, or with the slightest bit of integrity or concern for the welfare of nations). The ones that aren’t as well connected, like Washington Mutual, fail. But the biggest banks in the world are NOT “too big to fail”. They are simply “too well connected to fail.”

By: Stephanie

Stephanie — Wed, 14 Apr 2010 15:58:18 +0000

“If the physical metal was as scarce as I believe (in relation to paper contracts) why doesn’t it get grabbed up by the “Big Boys”. If gold, for example, has a smaller market cap (at current prices) than Wal-Mart, why the heck haven’t we seen a Hunt Bros. x 100 in both metals from billionaires all over the globe. It would cause a gigantic squeeze and the big longs would make a fortune. Why hasn’t this happened?”

Because the day that happens could be the day human civilization ends. They want to keep their plane rides to Barbados, their exotic dinners shipped in from around the world, their nice-but-useless cars, etc. You must understand that to live like third-world citizens, without access to clean water, sanitation, and a steady food supply, not to mention a save place to live, is absolutely terrifying to them. It’s like beating one prison inmate severely in a public manner to keep the rest in line. They will stay where they are, and will do anything they can to stay there (being the inmates that live as they do instead of the one that lives without), and that includes maintaining the illusion that the world lives in regarding financial knowledge.

If they so much as go after more than a handful of contracts, the price of gold/silver goes up, and that destroys the value of their billions of dollars they have. If they try to move to tangibles, they have to do this, slowly over time to so as not to upset prices and immediately slash the value of their holdings.

This is exactly the position China finds themselves in. They have all those reserves, but they cannot even convert a fraction of it into all the gold in the world plus tangibles without the rest of the reserves become worthless overnight. NEVER put yourself in that position regarding fiat. ALWAYS put some of that money into something else besides paper, I don’t care if it’s underwear, a college degree, SOMETHING so that it can’t be taken from you in a devaluation of ANY SORT. Beeg meestahkeh (big mistake)…