Let’s face it. Market manipulations are common for the boyz in the “Club.”
It’s how they make fortunes at YOUR expense.
But, contrary to popular belief, trying to manipulate the global markets is beyond anyone’s capabilities.
Why?
No one has that much money or influence.
Making Market Manipulations
However, in order to manipulate certain local markets, all it takes is the cooperation of a central bank (or two) with the boyz in the club and BAM, you get blindsided…and never see it coming.
Case in point: Once again – and for the umpteenth time in the last decade – gold was victimized, bludgeoned, and beat down by the paper market criminals (gold futures contracts).
Before I explained how it happened you should know that the entire gold market is relatively small.
And it makes up a mere ½ – 1% of all global assets.
So, someone with a deep pocket (Cough! Central Banks, Cough! JP Morgan, Hairball Cough!) can easily manipulate the gold market.
The current price of gold is approximately $1,820 per ounce. And it was the same price during the first week of August.
However, on August 5th someone dumped $4 Billion of gold in the overnight markets causing it to collapse to $1,721 in the following 48 hours.
Pay attention here.
No one. I repeat, NO ONE with any brains dumps $4 Billion of gold in one trade.
Exploiting Market Manipulations
Any seller of size would feed it into the market in smaller amounts to prevent it from collapsing.
But the futures (paper) markets allow the Banksters to get away with actions like this that would send you or me to jail.
Case in point II:
JP Morgan is the largest federally-insured bank in the United States despite a rap sheet that would make the Gambino crime family jealous.
They’ve been charged by the U.S. Department of Justice with five felony counts since 2014, admitting to all of them.
(Read: Bernie Madoff was a Piker HERE)
And its Board of Directors has left the same man, Jamie Dimon, at the helm of the bank as Chairman and CEO, throughout those five felony counts.
What Should You Do?
But the good news is, when the boyz “take-down” the price of gold is when you Make the Most of their Market Manipulations.
Translation: Buy more.
Why?
Because while the average investor panics they’re (Cough! JP Morgan) adding to their stash at the lower price.
It’s how they make fortunes at YOUR expense.
And if you want to see how to make the most of market manipulations in stocks, be sure to read our September issue of “…In Plain English” (HERE).
And feel free to share this with a friend…especially if they like gold.
We’re Not Just About Finance.
https://www.financialsmatter.com/connecting-the-dots/
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