Gold and Silver Price Manipulation Part 3 of 11 by Illuminati Silver

Gold and Silver Price Manipulation Part 3 of 11 by Illuminati Silver

Welcome to illuminati silver, we tell you
the truth about silver. Today is Sunday 10th January 2016 and we are
addressing the issue of Gold and Silver price manipulation. In Part 1 we mentioned the views
of economist Jim Rickards who broadly stated that there is price manipulation, primarily
carried out to assist China in increasing its gold reserves cheaply. In Part 2 we reflected
on the views of Dr Paul Craig Roberts and GATA and to a lesser extent Andrew Maguire
who claimed that manipulation is conducted to maintain the supremacy of the dollar. In
this part we are dealing with Bill Holter of Miles Franklin Precious Metals, who provides
his perspective and some cases supporting the fact that manipulation may indeed have
been discovered. On 16th September 2014, Bill Holter then an
associate writer for Miles Franklin, stated in an article entitled ‘But why are gold
and silver markets manipulated?’ the following: “Why” gold and silver HAVE TO BE MANIPULATED
is at the very central core of the global monetary system. Global money today is ALL
fiat, all creatable at will and whim by central banks and …have zero intrinsic value on
their own. Gold on the other hand “is” money…… I guess the best way to explain
this is if you are issuing a currency (especially the reserve currency) which has no intrinsic
value and everything ‘financial’ in the world is based off of, or derives value from,
your currency… you must try to crush all competitors………. If you think about it
long enough you will come around to understanding that euros, yen, pounds, roubles and all the
rest are not really ‘competitors.’ No, they are all ‘partners in crime’ whereas
gold is THE competitor. Gold is nothing more than ‘truth’ if you will. ‘Truth’
as in getting paid for or paying for something while making a true and real settlement, something
for something rather than the current something for nothing scheme.”
So the underlying argument here is that gold, being a finite commodity has real value as
opposed to dollars which can be printed on demand. So let’s look at a few examples
where suspicions of manipulations are being taken somewhat seriously by the Authorities:
Joe Hall of CITY AM wrote on 9th November 2014 “UBS, Barclays, Citigroup, HSBC, JPMorgan
and Royal Bank of Scotland have been the subject of probes into their foreign exchange trading
from Regulators in the UK, the US and Switzerland. The six banks will announce a £1.5bn agreement
with the UK’s Financial Conduct Authority (FCA), the Office of the Comptroller of the
Currency and the Commodity Futures Trading Commission in the US, and Finma in Switzerland
on Wednesday this week. However, unlike the five other groups under investigation, UBS’s
precious metals arm is closely integrated with its forex trading businesses.”
Reported by CNBC on 28th September 2015, Switzerland’s competition commission, known as WEKO launched
an investigation into the possible manipulation of precious metals trading by a number of
leading banks ………,following an initial probe into seven banks including Deutsche
Bank, UBS, Julius Baer, HSBC, Barclays, Morgan Stanley and Mitsui. The investigation is looking
into the possible manipulation and ‘anticompetitive behaviour’ in the trading of precious metals,
such as gold, silver, platinum and palladium, with the Swiss regulator looking specifically
at whether the seven banks named were involved in manipulating the bid/ask spread – the
difference between the bid and the asking price of a metal.” It will report its findings
sometime in 2016/2017 This follows an earlier incident when In the
U.K. Barclays were fined £26 million by the Financial Conduct Authority after one trader
was found to have rigged the London gold fix, the twice daily conference call used to value
the metal that has since been replaced by an electronic system.
So this concludes the first section of our reports putting forward the case in favour
of manipulation and why it is happening. In Parts 4+5 we shall address how these alleged
manipulations are being carried out and who is doing the manipulating. Then we shall move
on to those arguing the case against manipulation. We hope you have found this video interesting
and informative and if so, please give it a thumb up and share it on twitter. Also kindly
visit our website regularly at Disclaimer: Illuminati Silver owners come from a background
of Banking, International Wealth Management and Economics. Having now retired from these
worlds we are not qualified to give investment advice. Therefore, this and other productions
must not be deemed to be giving such advice and merely represent the personal views of
its owners.


  1. Mate u cant manipulate a thing,a while u can u do it but not for very long in terms of years…………

    Wenn i tell people a 500€ bank note and toilet paper are very closely related they say ure nuts…….
    A printing press of a nation cant bring wealth…..and wen u give people the power to control the wealth its always abused……thats a basic rule.

    I own a bit of gold and silver cause i converted some saving in those metals cause banks keep failing and the intrest level on a bank is shit so i though what the fuck let do that over 4000 years they have some value,paper never value for very long so i have some metals land..
    Since the end of 2014 i saw iceland i saw cyprus i saw greece all nation after nation hunting down there man made coints and papers with 1 20 100 1000 on it and banks refused to give the people there ownings-savings.

    But lol my big question for the future is……..lets say if the china meltdown keeps going and it draggs the usa and europe and rest of the world with it and paper money becomes paper…
    Than what value has a gram of silver or gold wenn there is no currency where u can link it at?

  2. Another great sequel Illuminati Silver, sounds like 4 and 5 are really going to be even more interesting, Thanks for taking the time to make these video's and as always…Thanks for sharing…

  3. I don't understand this goldbug insistence that "gold is money." When was the last time they bought something with gold?? And 'intrinsic value' = utility, as far as I know. But since silver is more useful than gold, silver has more intrinsic value and so, shouldn't it be more valuable?

  4. As I sit here do I in the long term trust £770 for an once of gold or do I trust the bank? I trust gold short and medium term is different. It is in the interest of the banks to weaken gold, only when a crisis happens and they cannot cover their positions do we see what might be going on eg Brown's bottom.

  5. Bill Holter I like to listen to. I heard him say more than once buy extra food,water and a few other items before you buy gold or silver. Protect your family first. To me Bill is one of the good guys out there…in my opinion.

  6. I wonder why jim rickards only recommend 10% if he beleive so firmly in gold.. Right now i might overweight myself in gold.. looking at oil price.. cad going lower

  7. Once I was suspicious of your channel as a "false flag" advocacy propaganda program designed to spin public opinion. Not beyond the scope of potential agendas from those with a profit margin at stake, I might add. I have moved across the evolutionary continuum to accept that you are representing a legitimate point of view and, just  possibly without personal gain to be harvested. I am now at a place where I am listening closely, with my skeptical hat on, to be sure. But you have my attention.

  8. I am a civil litigator with a small firm with a fairly broad and deep clientele. I never worried about the economy until this last year and a half. From our government's effective suspension of the Constitution, the global massing of debt to the unbelievable amounts of free money given to a chosen segment of our economy, the change of America and the West seems apparent. i have "silvered up", kept my real estate holdings and gotten the rest of my funds in cash. Your channel has been illuminating, educational and somewhat comforting. Thank you for your videos and the attention you all have paid to people like me. I am a devoted fan and subscriber.

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