The LBMA is a ploy of the Central Bank Community

This article is about the way the Central Bank Community manipulates the price of gold and the role of the LBMA within. We describe some of the signs that the Central Bank Community manipulate the price of gold and that they are using the LBMA to reach their goal. Is the manipulation of the gold price a classic case of Diffusion of responsibility because so many organizations are involved and avoid taking responsibility?

 

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Gold Price Intervention Circuit Diagram and Determinants Intervention Policy

This is an article about abuses in the gold market. It is meant to be for readers, who are well informed and interested in the gold market and monetary items, such as student (central) bankers, politicians, financial analists, supervisors, etc.

Based upon study we (re)constructed the Gold Price Intervention Circuit Diagram. The purpose for the (secret) interventions is the stabilization of the exchange value of the US dollar. There are many actors involved by the interventions vary from politicians, central bankers, institutions like the BIS, IMF and LMBA, Market Makers on the OTC-market (commercial banks), and Clearing Members LPMCL. We call an intervention secret if it has not been reported to market participants at the latest on the day the intervention was carried out by the one or two involved central banks, or not being reported at all.

It is obvious that the central banks within the BIS network handle an intervention policy for the price of gold. We (re)constructed some determinants of the (secret) Intervention Policy on the price of gold by central banks. The interventions set the Spot Price of gold.

The regulatory authorities seem to look away.

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Don’t be fooled: The US is facing a national debt crisis

The US National Debt is the sum of all outstanding debt owed by the US Federal Government. The debt is an accumulation of federal budget deficits. Congress usually raises the national debt ceiling to prevent the negative consequences of a debt default.  In the short run, the economy and voters benefit from deficit spending. America’s debt is the largest in the world for a single country. As of December 17th, 2015 the national debt is $ 18,796 billion equals to 105% of GDP. So the debt is more than the US produces in a whole year. That normally tells investors that the country might have problems repaying the debt. Furthermore a study of Reinhart and Rogoff (1) shows that high public debt (> 90% GDP) stifle economic growth. This is a new and worrying occurrence for the US.

 

In this paper we explain that the Fed made two camouflages (ZIRP – Zero Interest Rate Policy and printing money) so that the US Federal Government can keep up the appearances of being on a strong fiscal path for the majority of the population. Without the Fed camouflages the US Government would probably be comparable with Greece. The federal budget and the US National Debt are not under control. The Fed won some time through their camouflages . The higher US debt and low interest rules out (further) loans from other countries and probably intra governmental holdings. A default of the Federal Government would dramatically affect the economy.

 

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