first majestic silver

Manipulation Of Gold Using the 2007 Repeal Of the Uptick Rule!

June 23, 2014

Here is a comparative graph showing London PM Gold Stocks vs London Gold PM originally presented a year ago.  It appears that gold has either scraped the bottom and is making its move up or one more bottom may be logged in the near future.  I suspect that we may have one more bottom (triple bottom) as we have been dragging the bottom for a year and enjoying those lows, as astute customers add to their savings through dollar cost averaging, on pricing dips.

GOLD STOCKS top / GOLD bottom

These charts show the relative strength of gold to gold stocks today.  Notice how both appear to flow in lock step as shown in 1, 2 and 3.  However starting in 2006 and 2007 they diverge displaying a rise in gold prices and a drop in gold stocks!  Why?  In 2007, as the U.S. economy crumbled, the housing market disintegrated and it was decided that our government would bail out our banks gold prices reacted.  China, intelligently, started buying gold as insurance for the U.S.’s economic woes.  Prices moved up even further as demands for gold and silver increased.  Next those in charge of damage control took over and smashed physical gold prices in an effort to keep the constituency in their paper markets to insure the impending theft from the naive populace as they implement the next stock STING.  However, being unable to keep a good thing down, prices continued to rise to a high of $1989 in 2011.  Once again those in charge smashed gold prices regularly in 2012 and 2013.  Mines next drew back production levels  or even stopped production as low or poor profit margins were no longer a worthwhile endeavor.   The uptick rule change made by the shadow bankers and hedge fund managers in 2007 is affecting the naked shorting of the paper gold which is tied to the physical gold market!  More on that in my next article!

While China spends her useless devalued dollars on cheap gold, emotional American’s will ride the “slope of hope” with their worthless paper to the bloody end, too ignorant to realize the STING they will be handed! 

Does anyone believe the IMF’s chart of gold holdings for the U.S. when the private Federal Reserve shadow bankers refuse the people a physical audit and accounting of their supposed gold holdings?   

Roxy Lewis writes articles at www.whynotgold.com  a Better Business A+ rated reputable brokerage offering silver and gold at transparent pricing at just 1% or less commission. I hold a B.S. Degree from Iowa State University and 35 years’ experience in human resources, management, investments, personal property development and entrepreneurial business development. I write to awaken and educate the populace to become self-sufficient and abandon and remove themselves from a failing system in order to defend and preserve their life’s assets.

I write articles @ www.whynotgold.com  under ROXY’S COLUMN and ARCHIVED articles of the past. VISIT my site also at www.gold-eagle.com  and may be reached at @ 1-888-Y Not GOLD or [email protected] . See all old archived articles under TOP ANALYSTS tab / Roxy Lewis!


Minting of gold in the U.S. stopped in 1933, during the Great Depression.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook