Information about Gold & Silver Price Manipulations This site deals with the artificial suppression of gold and silver prices, conducted by central and investment banks

2012 - 02 - 17:

[04:45 pm] Suppression mode is 'on' again, due to option expiry: Option Expiry, a 3-day Weekend and a Raid on Gold and Silver. What a Surprise!

[05:45 am] That's what's gonna happen when the gold cartel fails: John Embry: “The Current Financial System Will Be Totally Destroyed“

[05:45 am] Harvey Organ: MF Global Customers will not receive their money/Greek decision by Monday/ SLV shorts cover 17% of their shortfall/ Moody's downgrades big Insurance companies in Italy/

2012 - 02 - 16:

[04:00 am] Harvey Organ: PIMCO,Texas Teacher Reitrement Fund &Soros buys into GLD/Greek bailout no further ahead as potential delay in implementation/ Portugal

2012 - 02 - 15:

[06:00 am] Because that would mean their own death: Jim Sinclair - CB’s Trying to Keep Gold from Rising Violently

[06:00 am] Harvey Organ: Japan begins Hyper-Printing/Greek GDP falters/European meeting cancelled tomorrow/Moody's threaten UK with downgrade

2012 - 02 - 14:

[12:00 pm] Harvey Organ: Greece Bailout Yes or No?/the USA 2013 Budget/Possible Raid tomorrow/ Moody's downgrade

2012 - 02 - 13:

[04:00 pm] Harvey Organ: Italy and its Debt to GDP/Greece debt problems/USA Debt Problems/Gold and silver raid/

[04:00 pm] Ted Butler: Enough is Enough

[04:00 pm] Raid warning: A Warning Flag For Silver

2012 - 02 - 11:

[11:30 am] Manipulation: Gold Capped at $1750 4 Additional Times Today

[11:30 am] Harvey Organ: Greece/S and P threatens USA with another downgrade/

[11:30 am] If you like quizzes: Silver Manipulation Quiz

2012 - 02 - 01:

[03:00 pm] Silver Up 5%, JP Morgan Commodity Trading Floor, Sprott Buying Silver?

RNN Weekend Report examines the move in Silver late last week and speculates about what might be causing it. (We visit the JP Morgan commodities trading floor.) We wrap up with Turd Ferguson's analysis of where Silver is going in the short term.

[03:00 pm] Harvey Organ: No Greek Settlement from the EU Summit/Portugal/Venezuela repatriates its gold/California short of cash

[03:00 pm] Something very unusual recently occurred in financial journalism: Manifest Destiny Derailed: Treason from Within

2012 - 01 - 27:

[11:45 am] Harvey Organ: Portugal 10 yr bond at 15%/Private PSI deal in Greece a non starter/USA raises debt ceiling to 16.4 trillion

[11:45 am] About the price suppressors: Eric Sprott: The Truth Behind the Silver Market

[11:45 am] Because they are afraid that the whole world gets out of their paper money: Volcker confirms central bank need to suppress gold to stabilize exchange rates at ‘critical point’

2012 - 01 - 24:

[01:30 pm] Videos: TacitOrdoSeclorum – Gold Manipulation Series (19 parts)

[01:30 pm] As we move into the next silver (NYSEArca:SLV) delivery month of February and the controversy surrounding the MF global bankruptcy still swirling in the minds of investors, the world’s largest consumer of silver, Eastman Kodak, files bankruptcy: Eastman Kodak Silver Scandal?

[01:30 pm] Richard Russell: COMEX Gold & Silver Shorts in Do-or-Die Battle

2012 - 01 - 19:

[06:45 am] With many global investors still concerned about the price of gold and silver, today King World News interviewed the “London Trader” to get his take on these markets: London Trader - Staggering Gold Demand Creating Shortages must read!

“They are naked short on the COMEX and to meet immediate delivery demand they are having to borrow it from the SLV. It is still unwinding and it’s still got a long way to go. Yes, you will still see games being played and yes you can create paper gold out of thin air. But there comes a point where each time you do that the physical buyers are taking it and it has a lagging effect that will catch up, and eventually it gets reflected in the price.

The demand for euro gold here in London is so intense it’s shocking to some of the players. This is what has left some market participants in the US wondering why the price of gold has risen along with the dollar. It’s because demand in the eurozone is unimaginably strong. The euro physical gold demand is off the charts and it is creating shortages for metal, in size, here in London.

The physical gold market is actually being drained by euro gold buyers. People are converting their euros to gold and there is only a finite amount of physical gold available. Again, that’s why you are seeing the dollar and gold rallying together.

We are also seeing very strong markets in Asia with solid premiums. Silver is in backwardation. There are huge premiums for size (large tonnage orders) in silver and you are going to wait 3, 4 or 5 weeks for delivery. There is constant backwardation into the March futures contract. For the most part, the bid on silver spot has been higher than the ask on March futures.

These paper markets are a joke. Nobody who is seriously in the business of taking physical delivery is trading on the COMEX anymore. That is big news. The COMEX is no longer a credible marketplace....

[06:45 am] Gold Price will soar on failed manipulation: Gold & Silver Banker-Cartel Prolonged Price Suppression Has Set the Foundation for an Explosive Move Higher in 2012

2012 - 01 - 12:

[02:30 pm] Harvey Organ: German exports fall/Rumours of French downgrade/Huge gold imports into China/ ECB deposits of Euros at record levels again

[02:30 pm] The cartel deserves it: Jim Sinclair - Hathaway Correct, Gold Shorts to get Squeezed

[06:00 am] He's right: Hathaway correct, gold shorts to get squeezed

[06:00 am] Anti-gold propaganda: Gold Price: Beware! Government Spooks Infest Gold Market

“There is a war going on with regard to gold and people are lined up on both sides,” Turk told KWN’s Eric King. “The central planners want gold to disappear, but gold is not going to disappear because it’s been money for 5,000 years. What the central planners and the manipulators and government agents and everybody else are doing is they are putting out a lot of anti-gold propaganda.” [emphasis added]

For those not familiar with James Turk, it was he who broke the story about the UK-based financial magazine The Economist for its peculiar track record for publishing significantly bearish articles at, or near, gold price bottoms. In two articles, Gold’s Infallible Indicator and Gold’s Infallible Indicator—Six Months Later, Turk demonstrates why gold bugs should watch for that out-of-the-blue gold article from The Economist.

Government, media and central bankers want the public out of gold and work full time to make it happen. ‘Analysts’, too, are deployed to spew misinformation about the economy and gold. No surprise there. Though, no one has publicly proved that any one particular analyst is involved in the anti-gold propaganda campaigns, but three men have been labeled the worst gold analysts since the gold bull market began in 2001.

Those three, or the “Three Stooges”, gold analyst Peter Grandich had called them recently, Jon Nadler, Dennis Gartman and Jeff Christian, sport truly horrendous records, similarly to The Economist dismal calls, as James Turk had pointed out.

2012 - 01 - 11:

[12:00 pm] Let them burn: Short squeeze in gold to crush naked shorts

[12:00 pm] Don't invest in ETFs: SPDR Gold Trust: Using Options To Hedge Against A Gold ETF Collapse

2012 - 01 - 10:

[11:45 am] King World News: There is a war going on in the gold market

[11:45 am] Harvey Organ: Unicredit/Raid on gold/silver/Greece/Italy/Sprott silver premiums rise to 34.22%

2012 - 01 - 09:

[02:30 pm] Is the Gold cartel dying? Exclusive Interview – Ned Naylor-Leyland: “The Chain of Custody Behind Gold’s Price Setting Mechanism Appears to be Breaking”

In regards to the impending PAGE launch Ned said, “The great thing about this new exchange in China and the philosphy behind it, is its harking back to the old days of gold where you pay cash and get your gold…they’re opening up a 1 to 1 fully allocated recieipts market in gold. If Jeff Christian is to be believed, there is 350 to 1 leverage[in the Western paper gold markets]. That will give you a 0.3% coverage in terms of real metal behind your contract.”

When asked about opportunities the PAGE market transition will provide, Ned said, “I think the arbitrage opportunity will manifest fairly quickly…The chain of custody behind the [gold] price setting mechanism appears to be breaking…the CME and comex futures market mechanisms are clearly nonsense, [investors] are leaving in droves as you would expect…I’ve labeled 2012 as the year of [gold] deliverance.”

In response to the current sell-off in gold, Ned commented, “You’ve got to bear in mind, they’re just selling leveraged paper, no one is selling physical. There is just a tsunami of paper selling in order to maintain the illusion of fiat value…and it will be overcome…the
physical buying will ride over the paper selling.”

2012 - 01 - 08:

[12:30 pm] Gold lease rates explained: Charlatan Exposed: Negative Gold Lease Rates

[07:30 am] The gold cartel is providing gold to the market, again: 6 Month Gold Lease Rate Plunges to Bull Market Low

Certainly an imminent debt default of a Euro member such as Greece or Italy could be big enough to cause a movement of this magnitude, likewise an imminent default of a major exchange such as the LBMA or COMEX would be enough to cause a plunge in rates of this order.

James Turk explains this as Central Banks paying Commercial Banks to take the gold to use as collateral for Dollar/Euro loans,ie a subtle form of bail out.

Nonetheless the price of gold rose over the past week. It's obvious how desperate the system is fighting against the collapse.

[04:45 am] Video: David Morgan & Max Keiser on Gold & Silver Market Manipulation

[04:45 am] A possible crash-scenario: JP Morgan to Fail in Q1 Due to Bad Bets on Collapsing Euro Debt?

Unicredit just took a 60% haircut on share price to get a few billion Euros of equity boost. It will fail soon

That bank failure will tip into the other big French and Spanish banks, causing them to fail.

The Euro value will crush down 30 plus percent in value.

The Euro bond defaults will happen almost immediately.

This Lehman-like set of failures will hit our big banks holding $500 billion or more in Euro debt.

The TBTF banks start emergency actions, gathering liquidity by calling loans and preventing cash draws

JPM will fail due to its bets for and against the Euro. GS/JPM may fail due to backing of EU debt

JPM, GS and HSBC will rob the GLD/ SLV bullion vaults in London to grab as much liquidity as they can.

2012 - 01 - 06:

[01:30 pm] There is massive trouble ahead for the cartel, because of silver: March Silver in Backwardation

[01:30 pm] We survived OPERATION PM ANNIHILATION II: Dilution, American Style

When the silver price dropped below $29 today, we immeditaley received mails from obviously very scared silver 'investors' that said something like: "Help, silver is in free fall".

How is silver ever supposed to make its way up when so many terrible sissies are on board?

[06:45 am] Does the cartel now give up on silver? Ted Butler: Commercials Have No Interest in Shorting Silver Again

[06:45 am] Harvey Organ: The Can Is Reaching the End of the Alley/10 yr European bond yields rise/Italian over 7% again/

2012 - 01 - 05:

[01:30 pm] Harvey Organ: Record Deposits at ECB?Hungary CDS hit record levels/Italy and Spanish bonds rise again

2012 - 01 - 04:

[04:30 pm] Harvey Organ: The Fun Begins

2012 - 01 - 01:

[12:30 pm] When the gold cartel goes bust: Hitler precious metals cartel parody

[12:30 pm] Gold bugs can send the evil Christmas gift back to the cartel: Gold bugs’ unmerry Christmas

2011 - 12 - 31:

[02:30 pm] The USA haven't had any own gold for price suppressions since 2001: Can NAFTA Explain the Mystery Gold Shipments Across the US/ Mexican Border?

The bear market in gold induced largely by this gold leasing carry-trade ended in 2001, when the US gov't ran out of gold to lease to the primary dealers.
These dealers abruptly found themselves short massive amounts of gold, in a suddenly bull market.
They have been attempting to add paper shorts to the market to prevent from having to realize these massive losses ever since- which are increasing exponentially by the way.

As far as where the Mexican "Mystery Gold" was headed- if the Mexican president was involved, we are highly suspicious that a deal was made between Mexico and the US to provide Mexico with manufacturing jobs (NAFTA was passed by Bill Clinton shortly after this episode in 1993) in exchange for Mexico's gold stores to be used to support the dollar. This is purely speculation, but motive by both the Mexican and US governments for such a swap is clearly evident.

So they blackmailed other countries into transfering their gold or they've bought it, like in this case, from Mexico.

[02:30 pm] Harvey Organ: Gold and Silver rebound/Gold finishes up 11% on the year/

2011 - 12 - 30:

[05:15 pm] Jim is a little annoyed because of this whole suppression thing: Jim Sinclair: We've Reached a Level of Despair Among Gold Investors That Was Never Reached in the 1970's Bull Market

Gold investors pretty much don't care about the price drop, while the traders definitely got crushed. From now on gold and silver should actually move back up again.

2011 - 12 - 29:

[01:00 pm] Harvey Organ: Italian bonds return to 7%. Markets plummet/Raid on gold and silver

[01:00 pm] Bill Murphy: GATA Vindicated

[01:00 pm] Will be coming - for sure: The Moment of Truth

[01:00 pm] Embry - Physical Gold & Silver Tight Because of Eastern Buying

When asked about the action in gold, Embry said, “It’s disappointing in the sense that it shouldn’t be happening. I can’t say that I’m totally surprised, you are in the quietest period of the year. These guys (manipulators) are sociopaths. They’ve basically taken the opportunity here to just take gold and silver to the cleaners in the paper market in an extraordinarily quiet period.”

I would be very surprised if gold weren’t up at least 60% from current levels. Silver will be more explosive. What they have done to silver is astounding. In the longer-run it just ensures even greater physical shortages and when that manifests itself, I think the silver price will easily double.

Don't be afraid - both metals are still the greatest bull market in history. The heyday of precious metals will come soon.

[01:00 pm] Harvey Organ: Japan in serious debt problems/Sears/LTRO euros heading straight back to ECB/ gold and silver raid

2011 - 12 - 27:

[01:00 pm] More than likely: Did Bankers Deliberately Crash MF Global to Crash Gold and Silver Prices?

[01:00 pm] Jim Willie: COMEX: The March to Irrelevance

[01:00 pm] Harvey Organ: Gold Deleveries Record Level/Central banks purchase Record Levels of Gold

It sure looks like the Jim Willie's discussion is correct where outside authorities are controlling the price of gold to levitate at around 1600 dollars where big interests are accumulating the metal and taking physical delivery at various loci around the world.

The game plan is that these interests will sell their physical gold to sovereigns at 1900.00 dollars per oz as this is probably the real price of gold today.

2011 - 12 - 25:

[11:45 am] GATA: Gold market manipulation losing force, Grandich tells Resource Clips

[11:45 am] Ed Steer: Ned Naylor-Leyland Tells CNBC Europe That Gold is a Rigged Market

2011 - 12 - 23:

[05:00 am] How the cartel is working: London Trader - There are Tremendous Silver Shortages read!

“This game is getting so stretched that it’s going to break. You don’t think the Chinese know this stuff. If we get a close above the 200 day moving average in the mid 30’s on silver, watch silver immediately pop $2 or $3. Silver is totally incredible. There is nobody in COMEX silver contracts anymore, other than casino players. The only way they have been able to keep silver depressed is by borrowing silver from SLV to meet immediate demand. That’s the only reason silver isn’t trading $10 to $15 higher right now.

“Each of those important support pivots that everyone is watching, like the 50 day moving average and so on, each one of those are taken out in the access market in the quiet trading, overnight, on three successive days. In other words, they take out these three important pivots, which turns the momentum buyers into sellers. It also gets a bunch of funds to start selling as well.

These central banks had to be in desperation to allow this borrowed gold to be absorbed by foreign entities. They needed to raise dollars in a hurry and they are extremely afraid of gold going through the roof. I was very, very surprised they got as far as they did (driving gold lower). They had to use an awful lot of gold to do it.”

So the situation in the silver market must be even more critical than in the gold market (where at least some central banks supply the market with material). If silver is required they simply take it out of the trojan horse SLV. All they gotta do to get the silver gamblers to sell is to make the price break through the most important supports.

[04:30 am] Harvey Organ: JIM Willie/Gold and Silver mini Raid read!

There's an interesting Jim Sinclair article inside this text: the COMEX and their suppressors are becoming more and more irrelevant because the market finds other ways to create a reasonable price. Gold and silver prices will split into a real physical price and a suppressed Comex price.

[04:30 am] The cartel did a good job: Jim Sinclair - The Gold Panic & What to Expect in 2012

KWN asked if he has ever seen this kind of fear and panic in the gold market, Sinclair responded, “Not in the first gold market (1970s), not in the gold market we are in now, not in the correction (in ’08 & ’09), which took us down after the first move through $1,000 and back under $800.”

“The amount of discontent and bearishness among people who know better is enormous. It’s moved from bearishness to some form of anger. (This is a) historical bottom, capitulation. A clear sign that the gold market is moving into an outrageously oversold position, most certainly in anything that’s a common share.

Every possible weak hand has been shaken out. Every person with emotions even latently capable of overwhelming their intellect, overwhelming their judgement, will have already overwhelmed it this week. After this week, the people who are left are people who will never give up their positions.”

Jim Sinclair is mainly speaking of the gamblers and traders. The cartel indeed kicked their asses, but that's exactely what they deserve. Most weak hands should have left the market already. The confident gold investor don't care at all about the things that have happened over the past weeks. We're stronger than ever before.

Don't forget: the gold cartel has just fought its last battle, and they won, but they won't win the gold war, let alone the silver war.

[04:30 am] Gold investors love to hear this: James Turk - Gold Set to Close Higher for 11th Straight Year

Don't forget: the gold investors are winning each and every year, while the gamblers, speculators and traders are given a bloody nose over and over again.

2011 - 12 - 22:

[06:00 am] Silver Price suppression:: CME/COMEX Grant JPM Temporary Waiver for Reporting Positions Exceeding Speculative Limits

[06:00 am] Harvey Organ: LTRO in Europe: a touch less than 500 billion euros printed first day/gold and silver hold on minor raid

2011 - 12 - 20:

[03:30 pm] More articles about MF Global: Gold and Silver Fraud Scheme Revealed, The Silver Rush at MF Global

Just last week we wrote about the dangers that MF Global revealed in the global banking system. The basic idea is that MF Global and probably every other Wall Street bank is gambling with their clients’ wealth. What’s clearly a fact is that these firms’ fiduciary responsibility is to themselves and their shareholders—it’s their clients that are the ones being taken out back for slaughter.

A Barron’s article today, published in Yahoo! Finance, proves many of those clients’ worst fears—that lost assets including cash, stocks, commodities, futures, and gold and silver will be commingled by MF Global’s trustee, and losses will be shared amongst all of MF Global’s creditors. But the holders of gold and silver had warehouse receipts identifying individual bars and coins that the clients believed were theirs. These clients, of course, assumed that their metals were safe and sound in the custody of MF Global, but as we have talked about before, when a bank goes under, anyone storing metals becomes an unsecured creditor—and in that case you are at the whim of the bank—or more accurately the bank’s bankruptcy trustee.

2011 - 12 - 19:

[03:45 pm] Another proof of manipulation: Trustee to Seize and Liquidate Even the Stored Customer Gold and Silver Bullion From MF Global

The bottom line is that apparently some warehouses and bullion dealers are not a safe place to store your gold and silver, even if you hold a specific warehouse receipt. In an oligarchy, private ownership is merely a concept, subject to interpretation and confiscation.

Although the details and the individual perpetrators are yet to be disclosed, what is now painfully clear is that the CFTC and CME regulated futures system is defaulting on its obligations. This did not even happen in the big failures like Lehman and Bear Sterns in which the customer accounts were kept whole and transferred before the liquidation process.

The trustee overseeing the liquidation of the failed brokerage has proposed dumping all remaining customer assets—gold, silver, cash, options, futures and commodities—into a single pool that would pay customers only 72% of the value of their holdings. In other words, while traders already may have paid the full price for delivery of specific bars of gold or silver—and hold "warehouse receipts" to prove it—they'll have to forfeit 28% of the value.

[03:45 pm] Why not? Gold is still hot: "Huge Physical Demand" as Gold Prices Touch $1600

[03:45 pm] Jim Sinclair: Why Gold Was Smashed Today & What’s Next

2011 - 12 - 16:

[05:45 am] About the desperate gold cartel: Embry - This Gold Smash Will Pass, the Case for Fiat is Zero

With near panic in the gold and silver markets, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management to get his take on where he sees gold, silver and the mining shares headed. When asked about the action in gold, Embry said, “You’re always surprised at the viciousness of a decline like this. I mean this all started in the wake of the failed European Summit. At one point, after the initial communique, gold shot up to $1,760 and now it’s roughly $200 lower. The reality has barely changed, but the perception of the reality appears to have swung dramatically.”

When asked about silver specifically, Embry stated, “The physical silver market is as tight as can be. The people who are short the paper market (in silver) are bankrupt, almost to a man. Consequently, their actions are not those of rational men, they are those of desperate men. JP Morgan is trying to protect their short positions and so this move down has a very finite life.

So the latest suppression has to do with the failed European summit and the silver shortage at JPM. It's likely that this was the cartels last stand.

[05:45 am] How the cartel gets in possession of gold: The Bankers’ New Gold

[05:45 am] Harvey Organ: Negative Lease rates continue/gold and silver bombed as Europe runs out of USA dollars

Today the lease rate for one month lease on gold went to negative 1/2%. In other words, the central bank pays the bullion bank to borrow gold.

With cheap gold and silver (also negative lease rate) the bankers raided gold and silver. Most financial commentaries believe this action was to make the world seem to be in better shape if gold/silver was down as Europe is in a mess. I do not believe that this was the reason for today's raid. The real reason was the fact that Europe again after just two weeks of huge dollar swaps, have run out of dollars again. Collateral at the European banks are few and it seems the only "good" asset that they have is the gold that they have not already leased out. All other European gold that have been leased out has not been returned and thus remains as a short to the banks. The subsequent sale of the leased gold/silver raises the needed USA dollars.

The banks in Europe are probably also selling their clients gold in order to get dollars. This situation won't last for long.

2011 - 12 - 14:

[03:30 pm] Jim Sinclair: Exclusive Interview – “MF Global is A Piece of Dynamite Sitting Underneath the Gold Price”

[03:30 pm] Harvey Organ: Shear Lunacy!!

The supposition is that European banks are having difficulty selling assets and as such need to sell their remaining gold. This is very good for us as we get the last ounces of gold out of the hands of central bankers. Let us now head over to the comex and assess the damage today;

[03:30 pm] Silver price suppression: Gold and Silver $20 Trillion Market Manipulation for Buyers of 300 Billion Silver Ounces

2011 - 12 - 13:

[11:30 am] Harvey Organ: Sheer Bedlam/gold and silver attacked/bourses around the world fall in price

2011 - 12 - 12:

[10:00 am] Mineweb: Is gold selling and leasing by banks on the rise?

[10:00 am] Jim Willie: JP Morgan Crashed MF Global to Avert COMEX Failure, European Derivatives Implosion

The Fed was staring at 20 Lehmans in Europe!! 20 Lehmans almost happened, and the fed rushed in, lowered interest rates for banks. If there is another big implosion and there is another string of contagion and big banks are dead in the morning, don't expect there to be any money in the accounts in the morning.

We had a COMEX system failure in November. COMEX was ready to default on gold and silver in November. Rather than honor delivery demands in gold and silver- JP Morgan simply stole the money in the accounts that were going to stand for delivery. They had their pockets picked while they were standing in line at the delivery window. Notices of delivery were replaced at stolen accounts!

[10:00 am] Harvey Organ: Extremely Important: More Fallout on Re-Hypothecation: physical gold/silver rehypothecated

2011 - 12 - 11:

[07:30 am] Put an end to the artificial suppression of the silver price! Eric Sprott Fights PM Manipulation Fire With Fire: Calls Silver Producers To Retain Silver Produced As "Cash"

2011 - 12 - 09:

[09:30 am] BIS, BOE & FEDERAL RESERVE WERE SELLING GOLD: MNI Reports Coordinated Central Bank Intervention Sends Gold Lower Intraday

[09:30 am] Harvey Organ: Bourses around the world fall/gold and silver hit with another raid/A must read commentary on the shadow banking industry/

2011 - 12 - 08:

[01:00 pm] Harvey Organ: Gold and Silver rise/waiting for resolution from Europe on Dec 9/ Tomorrow testimony from MFGlobal's Jon Corzine

2011 - 12 - 07:

[04:00 pm] GATA: Interviewed by MineWeb, Sprott scorns paper silver market

2011 - 12 - 06:

[02:30 pm] Exclusive interview: Jim Willie: “The Public Will Not Wake Up Until At Least 1 Million Private Accounts Are Stolen” must read!

As we began discussing the MF Global collapse, Jim articulated his belief in a financial slight-of hand originating from “notice to deliver” requests for gold and silver submitted through MF before the collapse, which had the potential to cause a Comex delivery default. “Comex was ready to default on gold and silver in November, and rather than honor the notices for delivery, JP Morgan stole the funds in the accounts that were calling for delivery…notices for delivery were replaced by stolen accounts.” The evidence of this according to Jim is that, “JPM increased the amount of silver in their registered vaults by precisely the amount that was suppose to be delivered…JPM effectively averted both a Comex default and a European Sovereign Debt implosion.”

[02:30 pm] Harvey Organ: Another Mini Raid on gold and silver/Conditions deteriorate in Europe

2011 - 12 - 03:

[03:00 pm] Harvey Organ: Huge Gold deliveries/Low Silver OI/Job report/More Fallout MFGlobal

[04:30 am] Ted Butler: The Long View

2011 - 12 - 02:

[04:15 am] Harvey Organ: The Big Jobs Report Tomorrow so gold/silver bombed/Mass.Attorney General files massive suit against 5 banks

2011 - 12 - 01:

[01:00 pm] That ain't no corrections, but suppressions: Don’t Sweat the Correction in Gold

2011 - 11 - 30:

[12:45 pm] About the price suppressors: No Free Markets Anymore, Just Manipulations: Marc Faber, Suppressing Reality

2011 - 11 - 29:

[02:15 pm] Harvey Organ: Gold and Silver Rise/Markets rebound on positive Black Friday results

2011 - 11 - 24:

[04:00 pm] Harvey Organ: Gold and silver Raid/Failed German Auction/Europe and USA stocks tumble

New 2011 - 11 - 23:

[01:45 pm] GATA: Contango

New 2011 - 11 - 20:

[12:15 pm] Harvey Organ: Margin hikes again at CME/Gold and silver rebuff attacks/Big lawsuit filed against banks on MFGlobal scandal

New 2011 - 11 - 19:

[05:00 am] Just happened this week: John Embry - Tremendous Manipulation of Both Gold & Silver

New 2011 - 11 - 18:

[04:30 am] Harvey Organ: European bonds rise in yield/another gold and silver raid

New 2011 - 11 - 17:

[01:45 pm] JPM wants traders to leave the market: The Situation Developing With Comex Silver Could Get Interesting...

[04:00 am] JP Morgan has made a MASSIVE adjustment of PHYSICAL SILVER into its REGISTERED VAULTS: JP MORGAN TRIPLES REGISTERED SILVER INVENTORY OVERNIGHT!

It looks like a real panic move.

[04:00 am] Harvey Organ: Federal Debt Officially Pass 15 Trillion/Raid on Gold and Silver/More on MFGlobal

New 2011 - 11 - 16:

[02:30 pm] GoldCore: Paulson sells gold ETF - buys physical bullion?

New 2011 - 11 - 15:

[10:30 am] Video: Silver Bears Part 8 - The Gold Rush Currency Wars

[10:30 am] Harvey Organ: Italian bond auction fails/Spanish 10 yr yields reach 6%/Greek problems continue

New 2011 - 11 - 11:

[01:45 pm] Harvey: Gold and Silver withstand Raid/Marking time for Europe to implode

[07:15 am] We're waiting until the manipulation finally comes to an end: Secret Gold Price Suppression Won't Last Much Longer: Jim Rickards

[04:45 am] An analysis of the price suppression: Price Irregularities in the Silver Market

New 2011 - 11 - 10:

[10:30 pm] Harvey Organ: Italy in bond freefall/ Bond yield surpasses 7.3% on 10 yr/Jefferson county files for chapter ll

New 2011 - 11 - 08:

[02:30 pm] Harvey Organ: Italian bonds surpass 6.6%/Italian 2 yr yields approach 10 yr yield as yield curve inverts/gold and silver advance

[02:30 pm] GATA: CFTC's evasion after 3 years investigating silver is answer enough

New 2011 - 11 - 07:

[11:30 am] Whistleblower Maguire: Silver manipulation still ongoing

New 2011 - 11 - 06:

[07:15 am] Optimist: Preemptive Strike Against Precious Metals Nears End

[07:15 am] James Turk: What You Need to Know About Gold Suppression

[07:15 am] The gold and silver price suppression continues: CME Goes To Collateral DefCon 1: Makes Maintenance Margin Equal To Initial For... Everything!?

We confirmed interbank liquidity in Europe was at an all time low earlier today, and can only assume the same is true for US banks. But what is very disturbing is that this is just as true at the exchange level, where it appears the aftermath of the MF collapse is just now being felt. What exactly was the announcement. Unless we are completely reading it incorrectly, it is nothing short of a margin call for tens if not hundreds of billions worth of product. Because as of close of business on November 4, today, the CME just made the maintenance margin, traditionally about 26% lower than the initial margin for specs, equal. For everything. Which means that by close of business Monday, millions of options and futures holders will be forced to deposit billions in additional capital to the CME just so they are not found to be margin deficient, and thus receive a margin call. Naturally, since it is very unlikely that this incremental amount of liquidity can be easily procured in one business day, we anticipate the issuance of hundreds of thousands of margin calls Monday, followed by forced liquidations of margin accounts across America... and the world. Just like when Lehman blew up, it took 5 days for Money Markets to break. Is this unprecedented elimination in the distinction between initial and maintenance margin the post-MF equivalent of the first domino to fall this time around?

[07:15 am] Also see this: MF Global clients face day of reckoning as margins call

[07:15 am] Last but not least, they lowered the initial margin: CME Goes To Collateral DefCon 1: Makes Maintenance Margin Equal To Initial For... Everything!?

Bix Weir:

Unless this is some kind of mistake Clif High's prediction of "Rich Riots" may hit soon after the COMEX destruction.

This is WHY I have told you to STAY OUT OF THEIR SYSTEM! They can, and will, change the rules to save their own hides. The ONLY way to survive is with physical gold and silver IN YOUR OWN POSSESSION!

Close your eyes to the price of gold and silver over the next few days/weeks.

ANYTHING CAN HAPPEN!

Clearly, the pending charges against JPM for silver manipulation has hit a nerve with the banking cabal.

Buckle up my friends...our Road is about to get a little BUMPY!

Yes, anything can happen tomorrow. We'll see.

New 2011 - 11 - 04:

[04:30 am] The latest numbers from the Comex, by Harvey Organ: More Fallout from MFGlobal/EU surprises with a rate cut/Chinese silver investment goes Parabolic/silver and gold rise

New 2011 - 11 - 03:

[01:00 pm] James Turk: What You Need to Know About Gold Suppression

[12:30 pm] Remember…if JPM is destroyed then there will be NO SELLERS left in the silver pits: What A JP Morgan “Mistake” Will Do To The Price of Silver

...and if Europe collapses, JPM will go down too.

[12:30 pm] Harvey Organ: FOMC meeting results: interest rates to remain at zero/ EFSF pulls 3 billion bond issue/Greece turmoil

New 2011 - 11 - 02:

[04:15 pm] Harvey Organ: Turmoil at MF Global/Official states firm Co Mingled funds/gold and silver decoupled from the Dow

New 2011 - 10 - 30:

[02:15 pm] Harvey Organ: Already troubles brewing with new European "Deal"/gold steady/ silver rise

New 2011 - 10 - 28:

[04:00 am] Harvey Organ: We are saved again by more paper injection/gold and silver rebound to score higher levels

New 2011 - 10 - 27:

[10:00 am] Harvey Organ: Rumours that EFSF to be Leveraged "several" fold/gold and silver rise

New 2011 - 10 - 26:

[01:45 pm] Hopefully soon: John Embry - Physical Gold Demand Crushing Manipulators

[03:45 am] Is the Gold cartel losing the battle right now? KWN Special - John Hathaway: Gold Stampede Now Imminent

Hathaway replied, “Get used to it, we are going to see $50 and $100 days both ways. To me we have had our correction, shook out a lot of people and now there is sellers remorse. Now those people are not able to get back in except by paying a higher price, so this is classic bull market action.”

The central banks are losing to the extent that they are failing to keep the gold price down. You know whoever is fighting this battle is fighting a losing battle. So I just don’t think there is going to be much courage left on the central bank side. If this latest ‘London Gold Pool’ style manipulation fails and at the same time you see more of this disgust with paper currencies, that’s where you will get nothing but air to the upside.”

If one currency either the Euro or the Dollar disappears suddenly, the price for Gold & Silver will be limitless. Perhaps we've seen the beginning of the Gold price explosion yesterday.

New 2011 - 10 - 24:

[02:15 pm] GoldCore: "Foolish simply to deride or ignore GATA"

[02:15 pm] Mineweb: GATA gold/silver suppression spat with Jeff Christian getting personal

New 2011 - 10 - 23:

[10:00 am] Video: The Great Silver Debate - Manipulation: Fact or Fiction? - GATA vs. CPM Group

New 2011 - 10 - 22:

[02:45 pm] Harvey Organ: Gold and silver rebound/Fed Vice Chairman:QEIII needed/

[04:00 am] The system is fighting against its main adversary - gold: Market Manipulation and the Second Great Depression

New 2011 - 10 - 21:

[05:30 pm] King World News: Gold price will soar on failed manipulation

[05:30 pm] Harvey Organ: Explanation on Position Limits/Exemptions/Bank of America loses big case on 8.5 billion settlement/gold and silver raid

[05:30 pm] Rob Kirby: The Federal Reserve Is Selling Paper Gold and Buying Physical Gold

New 2011 - 10 - 20:

[04:45 am] Harvey Organ: Bart ready to speak his mind on the CFTC mess/Germany,France in disagreement as to how to aid the EFSF

New 2011 - 10 - 19:

[05:30 pm] CFTC heads for showdown with industry: Showdown at the CFTC

[05:30 pm] Eric Sprott: "Forces are at Work that can Move the Prices Down."

New 2011 - 10 - 18:

[09:30 am] The bears are back: LOL. A Pathetic attempt to sound like the original SGS bears. Open Thread

[09:30 am] Speculators were selling, commercials were buying: Weldon - ECB Forced to Print, Gold’s Lowest Target $3,000

If you look at the open interest, if you look at the COT in gold, speculative positions are very, very low historically. Open interest dropped to levels we haven’t seen since gold was below $1,000, and the commercial short positions heavily liquidated. So speculators were selling, commercials were buying.

It also tells you that to some degree the latest run-up in gold to $1,900, the last $150 to $200 of that rally wasn’t driven by speculators. I think that was fairly interesting, it was more hard core metals accumulation by portfolio positioning or it’s an unofficial central bank that was buying gold. Remember, this market (gold) will err to the upside because there is more predisposition for entities to be a buyer of gold all around the world.”

New 2011 - 10 - 16:

[05:15 am] The comex is still allowed to play their games: Solid Day for Gold and Silver/Dexia bailout dead in the water/Foreigners redeem massive treasuries

One day physical demand for gold and especially silver will blow the roof of the Comex warehouses. That'll be the day when the game is over for the suppressors and gold and silver will finally be allowed to go where they belong - up up up.

New 2011 - 10 - 13:

[01:45 pm] Harvey Organ: Slovakia passes new version of EFSF/gold and silver hold steady

New 2011 - 10 - 12:

[10:00 am] Harvey Organ: Gold and silver ounces for October delivery rises/Vote ongoing in Slovakia

New 2011 - 10 - 11:

[04:45 pm] Video: Decoded: Ft. Knox Must Watch!

Part 1

Part 2

Part 3

[01:30 pm] Harvey Organ: Gold and Silver rise/Dexia bank nationalized

New 2011 - 10 - 10:

[03:30 pm] Chris Duane: Silver “Cheerleaders” Only Cheered For Physical, And The Game Is Not Over

With the collapse of the dollar and ALL paper assets, no one will care if you bought at $50 or $26 or $7, only that you did buy when you had the chance.

Are you prepared? 

New 2011 - 10 - 09:

[05:00 am] Harvey Organ: Dexia to be buried by tomorrow/silver and gold OI lowest in many years

New 2011 - 10 - 08:

[05:45 am] Harvey Organ's summary of the Comex events of Thursday, October 6: Dexia shares suspended/Partial nationalization of Dexia/England resumes Quantiative Easing

New 2011 - 10 - 06:

[10:45 am] Harvey Organ: Gold and Silver rebound accompanied by gold/silver equities/ More concerns with Dexia

New 2011 - 10 - 05:

[12:30 pm] Against the current Anti-Gold-propaganda: Gold “bubble” bursting? – I don’t think so

[12:30 pm] Harvey Organ: The Huge Bank Dexia in severe trouble/Bernanke ready to supply stimulus to faltering economy

New 2011 - 10 - 04:

[12:15 pm] Goldseek: Gerald Celente: Engineered fall in gold and silver; Trying to scare people out of precious metals; Started buying silver

[12:15 pm] The main reason why the suppressors went so hard against silver: Silver Shorts Cover Nearly Half Their Position In One Week

JPM and HSBC apparently want to get rid of their shorts as quick as possible because a massive price explosion can't be avoided for much longer. Furthermore there's an insider information coming from the Goldman Sachs camp (who else): they already installed a group of people that makes plans about how the bank can make as much money as possible from the unavoidable crash of the system. However, preparations aren't completed yet. As soon as they are completed, the plug will be pulled.

[12:00 pm] Harvey Organ: Belgian's Biggest bank in Trouble/Europe and the Dow Plummet/gold and silver diverge

New 2011 - 10 - 03:

[05:00 am] Jesse: The Anglo-American Precious Metals Derivatives Duopoly: Quarterly OCC Report

New 2011 - 10 - 01:

[04:15 pm] Harvey Organ: Stunning OI numbers/Huge Number of Gold ounces Standing in Oct/Markets tumble globally

[04:15 pm] We know that: Gerald Celente: Engineered fall in gold and silver; Trying to scare people out of precious metals

[04:15 pm] Short covering: Stunning Plunge in COMEX Commercial Silver Net Short Positions

New 2011 - 09 - 30:

[09:15 am] Harvey Organ: OPEN INTEREST FALLS TO LOWEST LEVELS IN YEARS/Sets the stage for gold/silver to rocket higher

Short covering?

New 2011 - 09 - 29:

[06:00 am] Harvey Organ: Gold and Silver whacked prior to first day Notice

New 2011 - 09 - 28:

[04:15 am] Don't invest in ETFs: How central banks use ETFs to keep gold down

[04:15 am] Harvey Organ: Gold and Silver advance/Cannot get any physical gold or silver from Bank of Nova Scotia

The two ETF's that I follow are the GLD and SLV. You must be very careful in trading these vehicles as these funds do not have any beneficial gold or silver behind them. They probably have only paper claims and when the dust settles, on a collapse, there will be countless class action lawsuits trying to recover your lost investment.
There is now evidence that the GLD and SLV are paper settling on the comex.
Thus a default at either of the LBMA, or Comex will trigger a catastrophic event.

[04:15 am] Silverbear: 12 Reasons Not To Fear September's Gold And Silver Price Smackdown

New 2011 - 09 - 27:

[03:00 pm] Our bargain from yesterday: these are the 200 new soldiers we added to our troops, now marching against the manipulators, in particular JP Morgan Chase.

United we stand!

[10:15 am] David Bond, Silver Summit: GATA's Bill Murphy, CPM Group's Jeff Christian, to face off at Silver Summit 2011

[10:15 am] I think the response is often in proportion to the problem, and their problem is massive: John Embry - Why Central Banks Smashed Gold & Silver

[10:15 am] Harvey Organ: Europe is Burning/Capitulation day in Gold and Silver

Who capitulated? The last shaky hands were kicked out, while the sophisticated investors were on the buying side. It's going back up now...

The reason for the raid on gold these past 5 sessions courtesy of the Golden Truth..Dave from Denver

SATURDAY, SEPTEMBER 24, 2011Here We Go - This Is Why They Wanted To Annihilate The Metals This Week
G20 sources: all efforts behind the scenes (by G20 members) are now going into recapitalising banks, preparing economies for default.

Zerohedge posted this. Here's the LINK

So it sounds like Greece will be allowed to default and the bigger news regarding gold/silver is that the ECB is prepared to print plenty of money of keep the banking system from collapsing. Sort of like what happened here in 2008. That's why the LBMA raised margins on OTC gold forwards by substantial margin. They wanted to "flush" the market ahead of this. Ultimately this is uber-bullish for the metals. Don't let them shake you out of your positions. An even better move would be to man-up and buy even more Monday and save room to add more if they take it lower.

I was actually told by a friend that some big news that would explain the metals hit would surface either this weekend or Monday/Tuesday. He wouldn't give me details over the phone. His remark on last week's action: "who cares where they take the metals on the downside, six months from now they could be double where they are now....

New 2011 - 09 - 26:

[01:00 pm] London Gold Exchange closed: Due to operational difficulties the London Gold Exchange is permanently closed for business

Did a price suppressor shut it down? This is neither the LME (London Metal Exchange) nor the LBMA (London Bullion Market Association).

[10:45 am] The Gold and Silver Market did not crash says Max Keiser its the paper market that was crashed due to the manipulation: Max Keiser - The Truth About Markets UK - Sep 24

[10:45 am] KingWorldNews: Peter Schiff - Gold & Silver Plunge Mirrors 2008, What’s Next?

When asked if the downdraft in the metals reminded him of 2008, Schiff replied, “Yeah it does, it is definitely reminiscent of that time period, lots of selling. I think emotional or forced selling is probably what’s driving it. It’s a sale as far as I’m concerned for people who want to buy, but it does show the dangers of using leverage.”

“Anyone who bought silver on leverage last week probably already has a margin call, so that’s difficult. But for the cash buyer who is buying to preserve their wealth from inflation, yesterday was a great day. Days like that are opportunities.

New 2011 - 09 - 25:

[04:15 pm] There was an inordinate amount of short contracts thrown at both Gold & Silver yesterday by the bullion banks: Daily Pfennig: G-20’s Words Are Just Words

[09:45 am] Reasons why gold and silver were beaten down so heavily this week: Here We Go - This Is Why They Wanted To Annihilate The Metals This Week

Because of the coming and inevitable Greek default?

[06:30 am] Harvey Organ on Fridays massive PM paper price suppression: CME raises Margin Requirements on Gold and Silver/ Global Deterioration escalates

New 2011 - 09 - 24:

[01:15 pm] The FED and the treasury department are knocking the price of Gold down because they know some bad bad stuff coming: Bob Chapman - The Financial Survival 23 Sept 2011

[01:15 pm] The crooks continue to operate their fraudulent manipulation scheme: CME Group Raises Comex Gold Margins By 21.5%, Silver Margins By 15.6%

This shows that the manipulators would like to see precious metals prices go down even more, however, we doubt that this will work since most paper longs should already be out of the market, after their stop loss orders were triggered over the last two days.

[01:15 pm] Look at this: real investors are far from being intimidated by the events of the last 48 hours: Smashing of silver futures spikes demand for real metal at SprottMoney

[01:15 pm] Just got off the phone with my dealer today, and two others now. They had their busiest days in VOLUME and SALES ever recorded: You cant Print Physical Metal

This ongoing price suppression certainly appears to be pretty rough and aggressive, but it won't be successful in the long-run since the physical demand is incredibly huge all over the world. By the look of things, it is literally exploding.

New 2011 - 09 - 23:

[08:30 am] ...because it's just paper: Bob Chapman : if you are in the GLD and SLV you are going to lose all your money

[08:30 am] Harvey Organ: Looks like we reached DEFCON i/ Bourses around world tumble/gold and silver attacked as well

New 2011 - 09 - 22:

[03:30 pm] Don't forget that next monday is again an expiry day: Gold and Silver Options Expiry

[06:45 am] Casey Research: As gold price suppression grows more brazen, maybe Asia will defeat it

[06:45 am] Goldnews.com: Fed Engages in $400 Billion of ‘Operation Twist’, Asset Debasement

In today’s monetary policy release, expectations were met by policy makers for a new program called ‘Operation Twist’ which involves the Federal Reserve selling their short term assets and replacing them with longer term, riskier assets. Long term bond rates have fallen in anticipation of this policy move and is largely priced into markets. By conducting such a policy, the Fed is pursuing a qualitative easing of their assets, in effect replacing safer holdings with ones of greater liquidity and duration risk.
The Fed chose not to lower their target rate or the language surrounding it and also decided to reinvest their maturing agency debt and mortgage backed securities into agency mortgage backed securities instead of just Treasury bonds as they have been doing so far. For the second meeting in a row three voting members dissented.
The effect of this policy on metals and commodities in general will be positive over time as lower real interest rates, which are already negative, are likely to result from today’s move which makes gold and other precious metals relatively more attractive. Despite this, gold fell initially following the decision, likely on the Fed’s negative comments about the economy.

[06:45 am] Harvey Organ: Fed commences Operation Twist for 400 billion dollars (start of QEIII), gold and silver raided in access market

Previous posts: Dec 06 (2010) until September 21 (2011)

Sep 11 until Dec 04 (2010)