This strange event happened this past Tuesday in the COMEX New York markets but I didn’t have time to post it until now. Not much to add here in the commentary that the pictures don’t say themselves, except that market prices of two different assets do not plunge in tandem by 1.2% within a matter [...]

Did bankers use the MF Global bankruptcy to suppress gold and silver prices and create the panicked appearance of collapsing precious metals to give themselves additional precious time to delay the crash of the Euro and the US Dollar? As crazy as this sounds, a closer investigation of some key data seems to imply this [...]

Please find below my interview with Max Keiser and our discussion regarding the Greek crisis and continued banker price suppression and manipulation schemes executed against gold and silver to prop up the US dollar and prevent a US dollar collapse. Max raises the issue of the European Parliament’s move to accept gold from EU nations [...]

  Above, we see a continuous 48-hour chart for silver from May 10 to May 11, 2011. You will notice in Asia, on May 11, that from the previous close on the New York Globex, silver futures rose nearly +2.5% . Then, after New York opens on May 11, silver precipitously tumbles to a low [...]

On October 26, 2010, as everyone that follows PM markets knows by now, CFTC Commissioner Bart Chilton released the following statement (see Mr. Chilton’s full statement here): “I take this opportunity to comment on the precious metals markets and in particular the silver markets. More than two years ago the agency began an investigation into [...]

Last week, when almost every major US bank manufactured profits out of thin air by changing their regular reporting periods to exclude months in which huge losses occurred, by changing their definitions of bad debt, and by revaluing their assets at fantasy land valuations that they will never receive in the open market courtesy of [...]

16 October 2008 Today there have been four distinctly and differently priced markets established for gold: (1) Futures markets in Asia that consistently establish prices $20 an ounce to $60 an ounce higher than the prices established in (2) Futures markets in New York; (3) Physical bullion bars that dealers are starting to price at [...]