Is the price of Gold really manipulated?

2,291 Views | 17 Replies | Last: 15 days ago by GeorgiAg
Andrew Dufresne
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11:41p, 1/2/21
You always hear that it is... a few questions:

Is it actually manipulated? If so, how is it done and by whom?

If it is truly manipulated, what would the price be if it wasn't??
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deadbq03
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8:15a, 1/3/21
AG
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PDEMDHC
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8:51a, 1/3/21
AG
Here is the CNBC article from 2019 showing the guilt of JPMorgan. They have been doing this for a decade.

https://www.cnbc.com/2019/09/16/three-jp-morgan-precious-metals-traders-charged-in-criminal-probe.html
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DM44
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9:13a, 1/3/21
Yes, it is manipulated. and that is good.
Stack gold and silver before the US dollar fiat collapses with all the other fiats.
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Andrew Dufresne
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In reply to DM44 • 9:47a, 1/3/21
DM44 said:
Stack gold and silver before the US dollar fiat collapses with all the other fiats.
Let's say our fears come true and the Dollar collapses in the near future..

Will our government try to pull some stuff like this below again?

https://en.wikipedia.org/wiki/Executive_Order_6102

Quote:
Executive Order 6102 is an excutive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States"
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DM44
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10:03a, 1/3/21
1. At that time, US dollar was on gold standard. That is not the case now. The two are not connected.
2. I also said to buy silver. Silver is an industrial metal and is money. Plus, silver will profit from the green economy the democrats will be pushing.

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bmks270
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10:19a, 1/3/21
AG
Everything is manipulated to some degree.

Big banks are getting in trouble for insider trading and market manipulation frequently.

2014:
https://www.forbes.com/sites/antoinegara/2014/11/12/jpmorgan-citi-among-five-banks-in-3-3-billion-forex-settlement/?sh=5dc77452281c

5 years later same banks:

2019:
https://www.cnbc.com/2019/05/16/eu-regulators-fine-five-banks-for-forex-rigging.html

HSBC money laundering:
https://www.icij.org/investigations/fincen-files/hsbc-moved-vast-sums-of-dirty-money-after-paying-record-laundering-fine/

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Stat Monitor Repairman
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8:09p, 1/3/21
If you want to go down a rabbit hole, start reading about the Bank of International Settlements (BIS) in Basel.

How it came about, Brenton Woods and all of that. Your answer lies within.
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Outdoorag011
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8:27p, 1/3/21
This is the most recent. Largest fine every handed out. Gold and silver are the most manipulated assets on planet earth. The biggest scam ever is the COMEX. However silver takes the cake for most negatively manipulated asset ever. Everything is manipulated to some degree but for instance stocks are manipulated by the Fed but it positively affects the market. Check out this Bloomberg article. Big banks and central governments spend trillions of dollars every year in paper contracts to suppress the price of a annually 15-45 billion dollar market.

https://www.bloomberg.com/news/articles/2014-06-18/new-silver-benchmark-seen-heralding-gold-fix-revamp-commodities

https://mobile.reuters.com/article/amp/idINKBN26K325
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Old RV Ag
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8:45p, 1/4/21
AG
Yeah, they're manipulated. Best stay with diamonds which are free market and clean as a whistle.
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JamesPShelley
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In reply to Old RV Ag • 8:46a, 1/5/21
Old RV Ag said:
Yeah, they're manipulated. Best stay with diamonds which are free market and clean as a whistle.
Diamonds? As an investment? You're kidding, correct?
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Old RV Ag
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In reply to JamesPShelley • 9:54a, 1/5/21
AG
JamesPShelley said:
Old RV Ag said:
Yeah, they're manipulated. Best stay with diamonds which are free market and clean as a whistle.
Diamonds? As an investment? You're kidding, correct?
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Johnny Danger
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1:38p, 1/5/21
AG
Is the GLD a safe gold play if the dollar collapses or is physical gold the only option?
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Andrew Dufresne
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In reply to Johnny Danger • 2:14p, 1/5/21
I guess you have to ask yourself...

Which do you trust more, numbers on a screen, or something you can hold in your hands?
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ChiefKiefton
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In reply to Johnny Danger • 6:09p, 1/5/21
Johnny Danger said:
Is the GLD a safe gold play if the dollar collapses or is physical gold the only option?


Physical is the only way to go.
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Stat Monitor Repairman
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6:14p, 8/9/25
Trump putting a tariff on gold bars is the equivalent of throwing a dildo on the court.

Seems like this is a nut-check by Trump.

But surprised more hell is isn't being raised about this.
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Stat Monitor Repairman
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5:27p, 8/11/25


Nut check indeed.

Caused the Swiss to cancel plans and lose sleep over this all weekend.
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GeorgiAg
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In reply to ChiefKiefton • 2:03a, 8/12/25
AG
ChiefKiefton said:
Johnny Danger said:
Is the GLD a safe gold play if the dollar collapses or is physical gold the only option?


Physical is the only way to go.
.

It's like having some stock in an AR15 and ammo ETF if the zombie apocalypse happens.
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