Conspiracy FACT: Gold Manipulation Goes Front Page

First they laugh at you, then they listen to you, then they learn from you.

Well today, regular readers of Kid Dynamite’s World are laughing at the hysteria around the Wall Street Journal’s article “Big Banks Face Scrutiny Over Pricing of Metals” because they know that I’ve been chronicling the topic for more than a year on these pages.   I took so many screen-shots of manipulation that I gave up and stopped posting them to the blog, because seeking justice in this lawless, rigged, centrally planned market it was a waste of time.   My laptop’s hard drive is filled with hundreds of snapshots of massive intraday price manipulation in gold.  I could do a post on this every month, but constantly writing about the topic drives my readers away.

If you haven’t seen the evidence yet, I suggest you pore through these posts:

Is Anyone Calling the Regulators About Today’s Blatant Gold Manipulation?

Concrete Evidence of Gold Manipulation

One Month of Gold Manipulation, In Pictures

May Gold Manipulation In Pictures

Sources Call June 2014 Worst Month In History of Gold Manipulation

A Historic Summer of Gold Manipulation

As Details of Gold Manipulation Come to Light, Price Action Makes More Sense

Anyway, the Wall Street Journal article broke the news that:

“U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence of wrongdoing, according to people close to the inquiries.

Prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodity Futures Trading Commission has opened a civil investigation, these people said.”

Finally!   What took them so long?  We can only hope that the DOJ will swiftly crack down on those evil banks who have been manipulating gold far above its natural value so that gold can regain true price discovery and march toward its real intrinsic value.

related:  Who Drives the Price of Gold?

Precious Metals Charlatans: Freaks of the Industry

-KD

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