Actual Examples of Gold & Silver Manipulation

[Smaulgld]

Gold and Silver Manipulation


Actual Examples and Admissions of Manipulation of Silver and Gold

In part one of our two part series on Gold and Silver Manipulation, we covered a long list of suspected silver and gold manipulations.

All came up inconclusive with no clear manipulation found.

Those outcomes do not mean, however, that manipulation of the price of gold and silver does not take place.


We will examine concrete examples of silver and gold manipulation by United States Presidents, the U.S. Congress, the U.S. Federal Reserve, the U.S. Treasury, central banks and private banks (sometimes solely or often in conjunction with each other).

This part two gives examples of how it has been done.


When the President does it, that means that it is not illegal - Richard M. Nixon 37th President of the United States


http://smaulgld.com/gold-silver-manipulation/

[Zippyjuan]

When we were on a gold standard, that was manipulation. The government manipulated the value of gold relative to the dollar by pegging its price. It was not free to float to a market determined price. Nixon removed the last of those controls.

[puppetmaster]

When we were on a gold standard, that was manipulation. The government manipulated the value of gold relative to the dollar by pegging its price. It was not free to float to a market determined price. Nixon removed the last of those controls.

Gold manipulated the dollar not the other way around. That is the reason it was un-pegged. They wanted to manipulate the dollar and they were unable of do this easily while pegged.

[acptulsa]

When we were on a gold standard, that was manipulation. The government manipulated the value of gold relative to the dollar by pegging its price. It was not free to float to a market determined price. Nixon removed the last of those controls.

What in God's name are you talking about?

Saying 'the dollar is x grains of gold' is not manipulating gold or the dollar. It's called defining the dollar. It says what a dollar is.

Why are you trying so hard to make me think that they finally handed their Zippy account over to a pinhead...?

[Smaulgld]

When we were on a gold standard, that was manipulation. The government manipulated the value of gold relative to the dollar by pegging its price. It was not free to float to a market determined price. Nixon removed the last of those controls.

Correct in order for a gold standard to work the price has to be fixed. I had a section in there about how they kept the price at $35 an ounce from 1934-1971 and the London pool but I took it out. I think the main point is congress and the president set the gold price directly. Now the treasury, the Fed and their member banks do it indirectly

[Smaulgld]

This came out after I published Gold and Silver Manipulation Actual

Hambro ‘Horrified’ by Tampering of London Gold Fix

http://www.bloomberg.com/news/2014-0...-gold-fix.html

[Seraphim]

You're both right to a degree.

The Constitutional definition of a dollar and what was used prior to Bretton Woods supports what you're saying. In that sense you are 100% correct.

The Bretton Woods standard following the end of WW2 to 1971 was a gold standard for the government as opposed to defining dollars as X amount of gold that the Treasury would honor for anyone at anytime. Under Brettor woods and other US laws it was illegal for US citizens to own gold on a private basis. Bretton Woods was a bastardization. In that sense, Zippy is correct - the US Government was manipulating the price of gold in an artifical way. The original US dollar defined as X gold and full convertible at any time by the US Treasury was a true, unmanipulated (by gov't) gold standard.

What in God's name are you talking about?

Saying 'the dollar is x grains of gold' is not manipulating gold or the dollar. It's called defining the dollar. It says what a dollar is.

Why are you trying so hard to make me think that they finally handed their Zippy account over to a pinhead...?