CENTRAL BANK MARKET RIGGING: Horrified About The Biggest Global Bank Run In History
By Steve St. Angelo, SRSrocco Report
GoldSeek.com
Tuesday, 9 May 2017
The Fed and Central banks are manipulating the gold and silver price because they are horrified that the biggest global BANK RUN in history will take down the entire system. Unfortunately, a lot of investors are still being misled about the fundamentals of precious metals market manipulation. While the Fed and Central bank are indeed intervening in the gold and silver market, they are also propping up the majority of asset values across the board. This is especially true for most stocks, bonds and real estate.
Yes, it is also true that billions of Dollars worth of paper gold and silver are dumped into the market in nanoseconds during very light trading days. Thus, the impact is to cap the gold and silver price, making sure that 99% of investors stay fast asleep. These are the very same investors who the Central banks are working extremely hard to keep their funds placed firmly in stocks, bonds and real estate.
I continue to receive emails from individuals who believe the Central banks can push the price of gold or silver anywhere they please. This is total RUBBISH. However, there is some method to their madness. It is a crying shame that there are still analysts out there misleading their followers with that sort of superficial nonsense.
All the Fed and Central Banks can do is to keep the gold and silver price from exploding higher. They cannot push the value of gold or silver (too far) below its cost of production. Here is a chart from my previous article showing the gold price versus the top two gold miners (Barrick and Newmont) cost of production:
The Rest…HERE
