Gold Price Discussion

[Tathradj]

Funny That..
,
This is more a prelude to war than just market manipulation.

 

[grubstake]

Someone in China also dumped 5 tonnes of gold onto the market a few days ago too which drove the price down further.

That amount was negligible (2014 world production was 2,860 tonnes), and less than $20M value, but the market over-reaction was interesting.

$170 million is the value of 5 tonnes.

It's a good thing I'm not a seller. :8

(Thanks for the correction!)

 

[thedigger]

Well the evidence is too strong,ask yourself why would some one dump a large amount of "PAPER GOLD" on the market at a time of day when there is very little trading,we are talking about billions.

http://www.zerohedge.com/news/2015-...lash-crash-following-27-billion-notional-dump

Lets go back to Paul Vocker and hear what he had to say

http://investmentresearchdynamics.com/paul-volker-gold-was-the-enemy/

And then there was Gordon Brown

http://www.silverdoctors.com/gordon-brown-dumped-britains-gold-to-save-goldman-sachs-jp-morgan/

Then the 2013 dump.

http://www.globalresearch.ca/fed-orchestrated-smash-in-gold/5331174

You have to consider that smart people do not sell in this manner.

Have a look at all the paper currency they are becoming worthless.

Regards Frank

 

[thedigger]

Before the latest smash gold was capped $1200 US$ now watch it is capped at $1100

Regards Frank

 

[k man]

well done digger

 

[Heatho]

Funny That..
,
This is more a prelude to war than just market manipulation.

I really hope not, war has been averted before such as with the Cuba missile crisis. Though China is flexing some big muscles in our area and America and our government don't like it. They always seem offended at either military exercises or anything to do with us protecting our country....

Anyway it's pretty obvious there is huge money and power at stake which is why financial markets are manipulated by the different governments.

China's government today pumped $400billion into the share market there to stabilise it and stop it from crashing further. That is half a Trillion in one day...... How long can they keep that up? Makes you wonder........

 

[Explorer385]

The value of gold will continue to rise and fall and I will continue looking for it even if it is nearly worthless.
One day...................................I might find enough to quell the lure of the chase.

In the meantime, while everyone is concerned about China, Just watch out for India to become a major economic power. That day is coming nearer and nearer. That's gonna make for a whole new ball game!

Terry

 

[TheSilentBugler]

Ive read that back in Victorian times a couple of sovs would outfit buy a gentleman's outfi, suit, good shoes etc.

Funnily enough same pretty much true today.

 

[thedigger]

The evidance just keeps coming.

http://investmentresearchdynamics.com/gold-manipulation-its-much-bigger-than-you-think/

http://goldsilver.com/video/bill-gross-all-global-financial-markets-are-a-shell-game-now/

Regards Frank

 

[thedigger]

Here is a you tube bit on The Gold Scandal

https://www.youtube.com/watch?v=gZcRk7UClO4

Regards Frank

 

[Jed]

What is the best (free) webpage to check on the gold price - Oz site preferred.
Thanks
Jed

 

[Diggertom]

This webpage has it I believe, I use a app which shows a fair few precious metals.

 

[Ramjet]

What is the best (free) webpage to check on the gold price - Oz site preferred.
Thanks
Jed

At the top of the page, between the download icon and the message icon is the gold chart icon

Or this is the link.... https://www.prospectingaustralia.com/forum/charts.php

 

[Jed]

Thx Diggertom - did you mean to include the webpage?
Which free app are you using? IOS or Android?
cheers
Jed

 

[Jed]

Thx Ramjet - I need new glasses

 

[Ramjet]

Thx Ramjet - I need new glasses

LOL.
I've been here a couple of minutes and know my way around

 

[Jed]

I heard gold price jumped today so I was interested to see what the price was - nice webpage on PA for the gold price.
I wonder where the feed comes from - should ask Harri I guess.

 

[Phoenix76]

Hmmm, not much activity on this thread. Guess that sorta says that the price of gold has been kinda shouse lately. But great to see the pretty stuff has bettered $1,570 per toz. Been a very good week for gold. Maybe the old thought that when the sharemarket does a big down, gold goes up. Although our currency is no longer officially based on the gold standard, investors still reckon it's a good hedge when everything else goes bums up. Fingers crossed it keeps going.

 

[Heatho]

People are just looking for a safe haven, gold will keep dropping in my opinion. The big crash this week is just for the rich to separate the poor and nervous from more of their money.

 

[Hunting the yellow]

gold is up again currently $1700 an ounce it hasn't been this high in a while