Babylon's Bankers

TRADERS WAKING UP TO GOLD CONSPIRACY? WELL, MAYBE NOT REALLY…

It was bound to happen sooner or later, and now commodities traders - well, some of them anyway - are asking tricky questions about the weirdness of gold's behavior on the "markets" lately. Mr. G.B. sent this one to me, and in the light of this past week and a half's blogs, it's worth sharing, and commenting about:

Markets More: Art Cashin Gold ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up Read more: http://www.businessinsider.com/art-cashin-gold-backwardation-conspiracy-2013-7#ixzz2axBEpZ00

Now, to begin with, of course there's a gold conspiracy, the real question is, is the outline contained in the above article an adequate delineation of its outlines?

During Secretary Fitts' visit, during the 11 some hours of conversations with her and Dr. de Hart, she mentioned something very significant: material omissions. She pointed out that during the preparation of an investment prospectus, the omission of key information or data can be construed as a material omission, a deliberate or even inadvertent obfuscation of data pertinent to the investor's decision. If deliberate, it could further be considered an inducement to fraud.

With this in mind, let's recall some things I outlined in Covert Wars and Breakaway Civilizations, namely, that the decision taken by President Trumen to create a vast and top secret hidden system of finance, based on Axis plunder, and particularly Japanese Operation Golden Lily bullion (otherwise known as Yamashita's Gold), is precisely one such, and a very significant and huge, and very deliberate material omission, and therewith, an inducement to fraud. And fraud there has certainly been in the system since then.

The point here is very simple: if and until the current conspiracy views among traders includes and incorporates this vast system, the Golden Lily bullion, in their views, then it is at the minimum an inadvertent omission. The consequences are enormous, in terms of the conspiracy as outlined in the article above. As I've noted, the Golden Lily bullion means, probably, that the amounts of gold in existence are badly obfuscated, and may be off by as much as an order of magnitude. In addition, that gold (whatever the amount), was badly obfuscated.

The bottom lines? (1) there may be a lot more physical gold in existence than traders think to be true, but (2) that gold has been re-hypothecated so much in the futures-paper market that the data is even more obfuscated. Add to this, the NSA computer tracking ability, and the implied ability to manipulate markets and trades, and one has to wonder how deep the conspiracy rabbit hole in this case goes.
See you on the flip side.
 

15 thoughts on “TRADERS WAKING UP TO GOLD CONSPIRACY? WELL, MAYBE NOT REALLY…”

  1. This goes far beyond a “gold” conspiracy. URGENT!!!

    I encourage everyone, especially Joseph, to listen to the following interview…

    The Greatest Conspiracy Ever Told W/David Hawkins!!!!
    http://www.youtube.com/watch?v=_OkdvKKk92o#at=1151

    Published on 27 Apr 2013

    David Hawkins is a forensic economist who tracks criminal and victim assets through crime scenes and helps the online community solve cold case murders. David Hawkins is the co-host of the weekly program AbelDanger on Rumor Mill Radio.

    In this interview:

    The Boston marathon bombings and crisis acting
    The Vancouver connection to the Boston bombings
    The Pickton Farm murders and Piggy’s Palace
    The JonBenét Ramsey murder
    The hybristophilia conspiracy
    The childhood of Barack Obama
    The origins of AbelDanger

    WARNING: LISTENING DISCRETION IS STRONGLY ADVISED. PLEASE DO NOT HAVE MINORS IN THE ROOM. CONTAINS EXTREMELY GRAPHIC AND SENSITIVE CONTENT.

      1. it is a life horror film…reality that is, thanks too elm

        Lord Eve ra’schild is on record as having liquidated his gold holdings….now knowing full well they lie, and they know that we know they lie …as for the gold conspiracy..ah the Titanic got rid of wealthy man, the Czar next in line the wealthiest man in the world, had his gold lost, the federal reserve of the US, the Marcos,….lol…a conspiracy…lol…more like centralize, kill off the stooge, take his assets….the real war is on our dna.

  2. However, as Catherine Austin Fitts said in her last interview, gold is good to have IN YOUR POSSESSION as part of your portfolio – especially in times of transition.

    Le Metropole Cafe and GATA (and a few other brave traders) have been crying foul about the gold manipulation for a long time, and I have listened to them.

    I also am very interested in what Dr Farrell says about the obfuscation of gold. So I think anyone holding it will have to know when to get out, and perhaps not be greedy.

    As DownunderET says, miners are going under due to the manipulation. They cannot always get it out of the ground at that price, so a lot must be hurting.

    If the economy gets out of control, which is a possibility, then for awhile it seems to be better to own gold than fiat money. It has been a safe haven in perilous times over the century, so we shall just have to see.

    I would be interested to know how much gold the Rothschilds hoard, ever since they got out of trading in gold in 2004. A rather interesting article on this is found here:

    http://www.brotherjohnf.com/forum/Thread-The-Rothschild-s-are-telling-us-something

  3. Gold happens to be the $/fiat currency regime kryptonite. Thus the relentless drive by bullion banks serving central banks to dilute its impact by diluting it s value constantly via naked short contracts/rehypothecation.

    I could never see Superman playing around with Kryptonite.

    I am not sure who you and Robert refer as “They”. Long term I agree it could be allowed to be rendered useless by those who want the demise of the fiat currencies to materialise…but for now I feel Gold is being used as a weapon…or at best simply as a tool to transition to some other form of global monetary system; not as a Monetary end in and of itself.

    I do think Glenn Becks, Murdoch´s-Skynet, DSK and his successor´s problems were all related to their early advocacy for a Gold Standard…

    1. The difference is Privatized fiat vs public fiat.
      One the colonies used, like Benjamin Franklin’s Pennnsylvania Bank or…
      The Commonwealth Bank of Australia, 1st under Dennis Miller…it functioned as a wholly ownned state bank until the 1990s , when it finially succumbed to privitization.
      Public benefitted ALL of Australia
      Privatized, …only a stinking few.

  4. Gold Gold Gold, it never seems to end. Zero Hedge has something going on in New York between JPM, HSBC and some other bank, and JPM is either “borrowing” or buying gold from the other two.

    One of the biggest gold producers in the world, Newcrest, is posting a $6.23 billion dollar write down, anybody want to take a shot at this one?

  5. The Economic Houdini’s at work gold still disappearing oh my where has the gold gone. Good bye Yellow Brick Road over The Rainbow to Oz we go where it will end nobody knows.

  6. Just as the Rothschild’s got a leg up on the Waterloo deception. Another faction, got a leg up on the Golden Lily deception. Both are using gold as a “monied” power takeover deception, where a small percentage, gives one the power to turn nothing into gold. Althogh that “power” is inherent in a Nation State, to turn “the credit of a nation” into whatever the peoples’ hearts desire. But The “Cross of Gold”(Bank of England[past]/BIS[present]) bears down upon them.
    So when they pull the first rug out, gold sky-rockets. The second rug, is that they SUDDENLY find missing Gold(whatever flavorfull story they decide upon[and they have pages of them to release at certain pre-determined times] that day). In other words, “they” plan to make a killing in the Gold Markets.
    Although, At present, the EAST(China et al), isn’t buying into “The Gold Is Not Money” Bernanke storyline.

    The whole point is that you don’t need gold to make money.

    It’s just a measurement tool to facilitate the labor of the people to achieve, for their labors, the dreams they have for their children, and the society they live in. Zero-Point Energies, “Real” falvorfull/healthy food, unbelievable infrastucture, anti-gravity, star-trek futures without the fascism, ect. ect,….

    1. Forget about the Gold, the people don’t need it.
      It’a a tool of the elite.
      Since, it is limited in supply.

      Remember, “they” believe in the “Golden Rule”:
      He or She who has the Gold, …RULE.

    2. Serendipity.
      Lendman had a great article on:
      Larry Summers: Wall Street’s Man

      http://sjlendman.blogspot.com/

      Of course, all the above is a despicable depiction of so-called leadership.
      But Dr Farrell gets down to business into the possible reasons of how & why all this started.
      In His Babylon’s Bansters, he lays-out the way of the “yellow-brick” road’s foundation($).
      One of my all-time favorites.

  7. This linked article misses one huge devaluation of paper gold contracts, and it has nothing whatsoever to do with the decent NYTimes article on aluminum games.

    When an item (including gold) is vastly inflated in value, there’s huge motivation for those with, time, credit and/or money in the bank to short the item, and then once those shorts are held there’s even more reason to push the price down. None of this is news, and nothing is peculiar to gold here. “They” let Glenn Beck and his ilk talk up gold as sure thing, and then pulled the plug. This has happened again and again over the last 30 years, since unregulated money changing became such a driving force in the US economy.

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