Gold – A Supressed Market Remains Suppressed, But For How Long?

Submitted by Michael Noonan – Edge Trader Plus

Saturday  21 December 2013

Part of the reasoning for the price of gold to attain levels that are multiples of the
current price, sometime into the future, [too late for those who have been calling
for much higher gold prices in 2013], is the Federal Reserve central bank creating
trillions and trillions of digital currency to support every underwater bank in
existence.  None of the newly created imaginary computer entries, aka currency,
has made it into the hands of the business community, nor into the hands of the
people, aka financial serfs, as far as bankers are concerned.

The elites use central banks as their ATM machines to pay all the huge bonuses
bankers are paid, in return for financially destroying capitalism and maintaining
control of the Western world.  What the New World Order elites did not count on
was the fact that their own central banks and the countries they bankroll would be
faced with the Ponzi scheme destroying themselves from within, much like the
United States and that failed European Union scheme.

Under such dire circumstances, the demand for gold has never been greater, at least
from Eastern interests.  The demand from public interests, while high, is not enough
to cause alarm for central planners.  They can keep the masses under control.   On
the other hand, they have been blindsided by China, and for a different reason, Russia.

China has been the recipient of every tonne of gold they can buy.  Other countries have
also increased gold purchases, the BRICS nations and Turkey, primarily, but  China is
the largest buyer of gold, by far.  This has undermined the financial control of Western
central bankers, who are selling all their gold in order to keep China at bay.   The elites
have spent the past few hundred years accumulating, giving paper in return, and now
they are selling all they have as their own paper is coming back to roost.   It has left their
vgolden cupboards bare.

Russia has inserted themselves into the world as a new power in energy, undermining
central banker control via the petro dollar, aka Federal Reserve Notes, that are backed
by nothing but schemes to defraud the world and transfer as much wealth as possible
into the control of the elites.

Syria has not been about use of chemicals [supplied by the West] in a civil war [stirred
up by the West].  No.  It has been about Syria as a strategic delivery point for supplying
Europe with Russian natural gas.  That makes a lot of the world less reliant on Saudi oil,
which weakens the fiat Federal Reserve Notes, aka the “dollar.”

Less demand for the US fiat “dollar” means there is less need, [really none, now] for the
financially toxic Treasury bonds the US has been issuing [forcing upon] the rest of the
world in order for the US to finance its now broken, debt-riddled country.  The Fed has
become the buyer of last resort to purchase its own debt in its desperate attempt to keep
its Ponzi scheme alive.

What most of the public does not seem to grasp is events like these are responsible for
gold and silver being intentionally suppressed by central bankers to keep themselves in
power.  It is almost that simple.  We will never know the full stories behind what the
Western governments are doing, but their powers have been destroying the countries
under their control, and that control is maintained by worthless fiat currency, such as
the dollar, backed by nothing, and the Euro, a forced currency created to “unite” Europe
so it would be easier to fleece the member nations.

The stake to be driven into the hearts of these ruthless bureaucrats, more than well-
paid to carry out the grand scheme of the elite New World Order, [call it whatever you
will] is not wooden but golden.  Gold is what the Rothschilds coveted the most.  They
discovered how controlling interest can be when greedy sovereign rulers needed money
to finance their control and wars with other countries.  [This all started a few hundred
years ago.]

The Rothschilds supplied all the money necessary for kings to finance their wars.  In
return for unlimited availability of funds to pay the troops and all the other costs of battle,
the Rothschilds demanded gold and silver as payment in return for their loans.  Script was
loaned out, gold and silver was paid back.  When the ability to repay only gold and silver
became untenable, Rothschild demanded control of that sovereign nation’s money supply.
Hence his famous, “Give me control over a nation’s money, and I care not who makes the
rules.”  The Rothschilds ruled the rulers, and they ruled from behind the scenes.  This is
how the New World Order, the powerful elites who control all the currencies, came into

Who elected the International Monetary Fund, the Bank of International Settlements,
those who dictate to the central banks?  Who elected the bureaucrats in Brussels that
run the European Union?  This is an overly simplified version of “follow the money trail,”
but when you do, it leads back to the Rothschilds.  Everything else is a symptom.  The
moneychangers are the root cause.

To this day, almost all Americans have no idea that the Federal Reserve is not a part of the
Federal government.  The central bank, like all Western central banks is a privately owned
corporation.  The Fed, as a private corporation, “lends” money to the U S Treasury.  It does
not actually lend anything, it creates bookkeeping entries and issues bonds, debts the U S
must pay back to the Fed for the Fed lending a bookkeeping entry.  What must the US pay
back?  Gold and silver.

What happens when the gold and silver run out?  The elites who own and run the Fed puts
the US into bankruptcy, [1933], declares a “bank holiday” by shutting down the U S bank
system and reopens a few days later under the Federal Reserve banking system.  The U S
is gone.  The Rothschild formula is now in control of the nation, the laws, the people.

The irony is China and Russia are not under the control of the central bankers, [yet?].
Neither country will play the Rothschild debt game.  Neither China nor Russia will
surrender their gold in return for participation in a world banking system that will give
both countries unlimited amounts of fiat paper.  China and Russia went in the opposite
direction and built up their gold reserves, especially China.

China told the Western banking cartel to keep their paper.  That nation even went as far
as saying, “keep your Treasury Bonds, they are worthless.  In fact, here, take them back
and give us gold in return.”  If the Western banking cartel did not comply, China would
simply dump all their bond holdings onto the market and bankrupt the Rothschild

World control is at stake.  The West has had to empty out all their gold vaults, steal as
much allocated gold as they could, default on silver contract deliveries via MF Global,
doing whatever it takes to feed China and keep the collapsing fiat Ponzi scheme alive.
Otherwise, the Western banking system would collapse, as it is doing, and the elites
would lose their financial stranglehold over the nations they rule.

China and Russia, and the other BRICS nations are telling the US to perform an
anatomical act on themselves with all the worthless fiat and derivatives  they own
and control.  For all those who wonder why the “authorities” do not do anything
to correct all these illegal activities on Wall Street, the COMEX and LBMA, it is
because the authorizes are run by those who control Wall Street, the COMEX and

The price of gold must be kept suppressed at all costs for many of the reasons cited.
Does the fast-fading world reserve currency look like it is collapsing?  The chart does
not suggest it is.

The fiat currency is weak, and we can see this by an inability to trade back even to the 50%
level of the range from the high to low shown on the chart.  It is contained by a triangular
coil formation, and nearer the upper half of the range.  Whenever you see a price in the
middle of any kind of range, information is at its most unreliable, for price can go either
way and still not break out.  Better to wait for clearer direction.

If the fiat dollar is not in danger of imminent “collapse,” or even breaking down, then gold
does not have this event as an impetus for rallying higher.


DX M 21 Dec 13

The barrage of “gold reserves are at lowest levels,” or “the number of paper claims against
each available physical ounce remains high,” etc.  All of these articles regurgitating these
reports are well-intended, but they are already factored into the market.  More of the same
kinds of information is not going to change the downward price momentum, just like all
the previous sensational news has not made any difference.

The gold market is being held hostage by the elites and tightly controlled by their central
banks.  Wall Street and bankers are impervious to rules, regulations, even laws.  The likes
of Lloyd Blankfein and Jamie Dimon are not doing god’s work, they are doing the work of
the elites to maintain total control over every aspect of people’s lives.

Until that control is ceded, gold ain’t going higher, at least in the short term.

GC W 21 Dec 13

For all the global demand for and short supply of gold, there are other reasons why you
see price at the recent lows.  However dismissive anyone wants to be of charts depicting
what is admittedly a corrupt paper market, and irrespective of a premium for physical
gold over paper, the price of the physical is still expressed in values related to the paper

That being said, there are so many reasons that one should be buying and accumulating
physical gold.  The Western financial system, [Ponzi scheme], of fiat currency is closer and
closer to failing.  China has no reason to force the West into immediate collapse.  The
Chinese are more patient and know the West will self-destruct on their own.  China is
already shopping the Western world, buying up bargains.  Russia also knows it has a
winning hand.  The Putin v Obama showdown over Syria was an embarrassment to the
rank political amateur U S president and a demonstration of Russian confidence.

Owning physical gold is one of the best ways of preserving one’s wealth, even growing it,
once Western default becomes a reality.  The problem is that reality could take longer
than most expect, as it already has.  The upside for gold buyers is, they still have time
to buy, and at prices that are unlikely to be revisited in anyone’s life time.

GC D 21 Dec 13



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