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GOLD PRICE: CARTEL CATCH 22

Jamie Dimon

silverdoctors.com / BY THE DOC / DECEMBER 17, 2013

Friday October 11th, gold trading was shut down for 10 seconds according to the CME.
Why?  Because someone sold 2 million ounces of gold at one time. Who does this? Who sells nearly 2 and one-half percent of annual gold production in a single minute? The gold valued at over $2.5 billion could not have been sold by a small trader, and certainly not the smart money, institutional investors know that you don’t exit a large trade like this…
So who could it be? Try the dumb money, The Western Central Banks.

From Peak Resources:

As noted by organizations like GATA, TF Metals Report, ZeroHedge, and Shtfplan, gold manipulation is out in the open. Friday October 11th is just one of the daily examples.

With the western central banks suppressing the price, the eastern central banks have been happy buyers.

However, PeakResources.org believes this gold price suppression scheme is nearing its end.

With the Federal Reserve on a fiat currency suicide mission with QE forever, and the U.S. federal government bankrupt, the days of dollar supremacy are in its last days.

For gold though, the central banks have really screwed themselves.

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