Gold Manipulation Continues Unabated

I have been one of the leading (and yet most-ignored) chroniclers of the ridiculous manipulation of the price of gold, with ample actual visual evidence presented on these pages in recent times.   Just a month ago, I presented you with a simple sample of just a few weeks of this repeated, relentless, ruthless manipulation of gold prices on the COMEX, and it’s time for an update of the last 4 weeks.   Without further ado, here are just a few of the times I managed to get a screenshot and catch the manipulators red handed, doing what they do best.   These are real charts of GC gold futures trading on the COMEX:

May 13th, 2104:

May 13th, 2014

May 13th, 2014

On May 19th, there were two “incidents.” Here is the first, during the illiquid overnight hours:

May 19th, 2014, episode 1

May 19th, 2014, episode 1

and then again later:

May 19th, 2014: second bite of the apple

May 19th, 2014: second bite of the apple

The following day, on May 20th, I offered up a few Twitter examples to prove my underlying sarcastic point in all of these posts… but I wonder: will the targets of this sarcasm get it?


confirmation bias, hypocrisy, charlatanism

confirmation bias, hypocrisy, charlatanism


It doesn't get much simpler than this...

It doesn’t get much simpler than this…

On May 22nd we saw a telltale “support and rip” algo – note how the manipulators REFUSE to let gold tick lower all morning, then “grip it and rip it”



On May 30th we saw a classic “rising waterfall” pattern:

May 30th, 2014

May 30th, 2014

Just a few days later, on June 5th, 2014 it was this:

June 5th, 2014

June 5th, 2014


and then the next day: June 6th 2014:  You can clearly see on this chart how normal, natural sellers tried to come in, but the manipulators floored the price of gold (that’s the opposite of “capped”) and took it higher in a manipulative, lawless, rigged manner.


June 6th - They use all the tricks

June 6th – They use all the tricks

And finally we get to the price action from this morning: June 10th, 2014.

You could already see the telltale signs of manipulation all over the overnight chart, as the Cartel took gold higher TWICE during the illiquid periods:

June 10th, 2014 - note the two sharp up moves

June 10th, 2014 – note the two sharp up moves

but that was just the beginning.  The real fireworks came before 8:30am NY time, when the lawlessness was in full display.  The chart speaks for itself:

June 10th - your head has to be in the sand to ignore this

June 10th – your head has to be in the sand to ignore this

This kind of relentless, lawless, manipulative, rigged gold manipulation will continue unless we demand that the regulators do something about it.



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

One Month of Gold Manipulation, In Pictures

Concrete Evidence of Gold Manipulation

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


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