Hunter says: May 13, 2014 at 3:33 pm Green Lantern’s suggestion to keep gold in mind for the future causes me to to ask you (Tony) a tangential question that has been nagging at me regarding gold.
I understand that gold has been the basis for the funding of a large portion of the WGS release and the asset backed currencies.
Gold has been moving geographical locations quite a bit over the last year or so as countries have attempted to accumulate gold reserves and citizens of various countries (especially Asian countries) have been purchasing gold.
Yet the price of gold has decreased substantially over the last year and a half and (more to the point) what I perceive to be fairly constant buying pressure over particularly the last 6 months or so has not resulted in a substantial increase in gold prices.
Hunter Continues: I have read that the price of gold is being kept artificially low to facilitate this accumulation of gold.
I am asking for confirmation of this artificial manipulation of the world spot price for gold and some insight into how it is being manipulated.
I have some understanding of commodity contracts and the commodities market, but if you or someone could help me understand how the world is allowing this market manipulation of such a worldwide commodity, if it is being manipulated, I would appreciate that understanding. Thank you.
whitehatauxiliaries says: May 13, 2014 at 4:54 pm Hello, Personally, I am not expert enough in that area to confirm or deny gold market price manipulation.
Overall, as a past trader of options and such, I can tell you that markets are indeed guided by large groups of buyers, be they managers of large funds or large groups of people acting on news given to them.
If gold prices are being specifically manipulated by any one person or group in an artificial way, meaning by issuance of false information, I am at a loss to give proof of such.
Dr. Jim Willie would be the best person to ask such a question. Perhaps others on this blog can suggest a good source for this inquiry. Thank you!
Tom says: May 13, 2014 at 7:33 pm IMO, gold and silver (and every other market) are being blatantly manipulated. When tons of futures contracts are sold in a matter of seconds, guaranteeing the WORST possible sales price, its hard to conclude otherwise GATA(Gold Antitrust Activity Committee?) has been claiming this for years, with supporting documentation.
Richard Russell, editor of the Dow Theory Newsletter for almost 60 years recently said the manipulation of gold and silver by the Fed ” is both disgusting and immoral.
The question is WHY. To make the dollar look stronger ? To allow the Chinese to purchase at bargain rates ? Your guess is as good as mine.
HIW says: May 13, 2014 at 8:15 pm Confirmed. Watch every month around options expiration. It gets attacked around the 20th -26th of every month.
Green Lantern says: May 14, 2014 at 11:18 am Hunter, I understand your questions completely. As a matter of fact, Eric Sprott (in the King World News link I’m including) is pretty concise of addressing what is currently happening with the precious metals market.
I’m with Sprott and many others on this, which means what we are seeing for a price per ounce, be it silver or gold, it is not a reality that can be sustained.
I’m definitely in the camp of those who say that the central banks are gobbling it up due to how undervalued it is. Remember, we do know the SDR, new dollar, or “fill-in-the-blank” currency will be backed by the assets of the country it comes from and gold has been mentioned over and over.
Silver is the biggest eye-opener, because it should be at a 16:1 ratio of silver to gold (per ounce). If you do the calculation, silver should be over $80 an ounce based on gold currently being around $1300 an ounce.
And do keep in mind, the only known we have been given is that the next currency is going to be gold backed. With the U.S. telling Germany that it will take seven years for them to repatriate their gold, simply connect the dots.
So, this is why I understand the interest in the Dinar and Dong. The GCR leveling the currency playing field should make those appreciate.
Yet, my focus is on what is next and the only thing we have been consistently assured of is that, whatever the outcome is going to be, the currency is going to be backed by gold.
Silver is always considered the common man’s gold, so consider where we could potentially be headed. Silver under $20 an ounce right now is purely a gift to those who realize it. Hope that helps some! GL
Hunter says: May 14, 2014 at 5:21 pm Thank you Green Lantern. The link discussed many of the questions I have.
A couple of the possible lines of thinking are that the central banks are keeping the price low to artificially support their assertion that the economy is improving and their assertion that the value of the currency is staying steady because the value of gold is stable rather than costing more dollars for the same amount of gold.
Also the low price of gold is helping central banks to buy gold to back their currencies, particularly BRICS countries but also the US and Europe because the countries see it is becoming more inevitable that currencies will need to be asset backed in the very near future.
I still did not fully understand the source of the ability to keep the price low. The statistics indicated gold consumption went up around 18% to 25% or so per year but production was +/- 1% per year.
Supply and demand would indicate where there is a relatively inelastic supply, the price will increase with the increase in demand. However, the price is level.
There is no doubt in my mind it is being kept artificially low. My questions are:
1) Who is manipulating the price (the central banks seem to have the most to gain);
2) How are they physically doing that (by government release of gold- no, that is counterproductive to increasing the asset backing of the currency- perhaps by phony or fraudulent contracts on the world commodities exchanges or other paper sleight of hand); and
3) What will the inevitable end of this artificial manipulation bring (this cannot be sustained for an extended period and when it crashes will gold and silver go sky high and is that the desired outcome by the manipulators – buy gold low then have gold go high, increasing the value of the acquired gold exponentially)? Perhaps this is an issue for One World of Nations to explore.
No Dinar says: May 15, 2014 at 12:00 am Hunter, Who? The cabal, central and big banks, etc.
How? Gold is leveraged through the paper gold futures-options markets and leasing deals. Only a very small percentage of contracts are actually delivered so a little physical goes a long way in driving price.
Huge volumes of contracts can be between players on the same team so prices can be driven down with funds retained and little gold required. Meanwhile, actual movements of 1000s of tons can be made at low prices to targeted buyers not necessarily within the futures market.
What end? 1. Low prices support the DXY dollar index. 2. When the western vaults are empty the gold will have moved where the team needs it to go, partially as a deal to repay bad debts without revealing the dirty laundry in the mass media.
If/when the western vaults go empty the FRN will probably crash if the BRICS haven’t crashed it first. Empty vaults and BRICS actions will probably be timed together. As usual, the Jackass shovels dirt in his latest interview:
Prior mass movements of gold around the world are explained in The History of Banking that can be found here:
JohnF says: May 13, 2014 at 4:13 pm Picked up the following update from the OWoN blog that may be off interest to other WHA readers.
The “Blanket Of Silence” seems to still be in effect. Perhaps good news very soon….. ~darylluke.
May 13, 2014 at 2:53 AM darylluke
We are waiting until the end of the week to see if 2 issues work, or not. There are too many false dawns and flying pigs building false hopes. Let us see one work first. How many have failed? But both are still only PPs. Not Public freebies. Both will cash and go if successful. As each deserves.
whitehatauxiliaries says: May 13, 2014 at 5:01 pmThank you.Let’s hope for the best. Wonder if we will see that dose of reality on Zap’s blog.
nan says: May 14, 2014 at 7:36 pm I have a question if you could answer it for me please…could ckmx go before the prosperity programs…I sometimes feel the prosperity programs wont pay out at all but ckmx might…Thanks for all you do
whitehatauxiliaries says: May 14, 2014 at 8:16 pm Both CMKX and the prosperity programs are on the list for payout when the WGS is set loose. As for which is going to go first, I really do not know, but I think that issue is not important. Just seeing them released in whatever order at all, is key.
At this time we have not been told of any change from the above anticipated process.
CS says: May 14, 2014 at 9:58 pm Hi Tony Are things still in play with a possibility for a successful outcome before silly season starts, or do we have to go away in May and come back In a few month’s time to continue the saga?
whitehatauxiliaries says: May 14, 2014 at 11:09 pmWe are awaiting word on that very issue.
We have the communication line to those that will know, so let’s hope they have some good news for us soon.
whitehatauxiliaries says: May 14, 2014 at 11:29 pm
JIM WILLIE: GERMANY PREPARING GOLD-BACKED NORDIC EURO!
Europe is the grand prize. And it’s always been the grand prize. Well, due to NATO and World War II considerations, the United States pretty much captured, colonized, integrated Europe.
That’s about to change. I think Europe is going to turn its attention eastward.
They have a parade of gold-backed currencies coming. It’s not just going to be the Russian Ruble or the Chinese Yuan. It will involve the Gulf Dinar, with the Saudis. I think it will involve the Nordic Euro.
The Germans, with their friends the Dutch, the Austrians and the Finns, Finland…
They’re all ready. They’re just waiting for the moment. They’ve got a Nordic Euro, and they’ve got plans for gold backing. http://youtu.be/rD5mqIiPwmY
Green Lantern says: May 15, 2014 at 11:14 am Thanks for bringing this over. It just validates that when the dust settles, gold will be intrinsic to the global economy. That is why I kept mentioning this being a “golden opportunity” to get in and have your “silver lining” to the dark clouds that are coming. Yes, all puns intended!
MtnHwk says: May 15, 2014 at 3:36 am Now, what we have here is some really great information. Thank you so much. One truly has to be grateful for WHA and their willingness to share. We will not let you down.
R L says: May 17, 2014 at 12:22 pm Since its a slow news weekend… we just saw the movie Belle (Dido Elizabeth Belle 1761–1804), set in the 1780′s in England when the commodity sustaining empire was slaves – and not petrodollars as it is today.
For anyone acquainted with the work of the White Hats, there’s a story within a story there. Quite heart warming, and upon reflection, nicely reflects what I imagine the work of the WH and WHA to be about.
JohnF says: May 18, 2014 at 6:29 pm Here’s an update from the OWoN blog…
May 18, 2014 at 3:34 PM ….In 2 or 3 days we will release more on the status of the PPs and RV etc. Things you need to know then…..
Seg says: May 19, 2014 at 10:49 am WHA,What impact on things GCR with China putting troops on Vietnam border ? Thx
whitehatauxiliaries says: May 19, 2014 at 11:34 am I have not been told that such will have any impact. I will let you know if anything is mentioned. Thank you.
Tom says: May 19, 2014 at 12:31 pm More positive comments from OWoN…
“Once we start to rip loose the PPs owed, the funds for most are coming to be traded. We need those funds to be used for Global and Community developments.
Not to stifle and rule, as failed Governments have done, but to unleash and enrich lives.
Our Partnership and bond with people. Free people with Free Will.
We need Innovation to restore each nation, and we need YOU all to be the best we can become.
We need to slowly go Global. But, with dignity and humility, to serve not rule.
Look at the site, what it is becoming. You are all becoming Global players with the whole world looking in. Look how far it has come in a year. Amazing. Voices of the world uniting here.”
Terry601 says: May 19, 2014 at 2:01 pm Just passing info along
For Immediate Release May 19, 2014
Letter to the Congress — Continuation of the National Emergency with Respect to the Stabilization of Iraq
Dear Mr. Speaker: (Mr. President:)
Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, within 90 days prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date.
In accordance with this provision, I have sent to the Federal Register for publication the enclosed notice stating that the national emergency with respect to the stabilization of Iraq that was declared in Executive Order 13303 of May 22, 2003, is to continue in effect beyond May 22, 2014.
Obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States.
Accordingly, I have determined that it is necessary to continue the national emergency with respect to the stabilization of Iraq. Sincerely, BARACK OBAMA
whitehatauxiliaries says: May 19, 2014 at 2:35 pm Thank you.
I have seen this information and it is being used by many to shriek that the RV will be delayed. This is simply the howling from those who still labor under the delusion that the IQD is going to fund the world, pay off the US debt, etc.
The GCR is so much broader than just the IQD revalue. We have learned that the IQD is problematic in many ways. Not impossible, but problematic. This stands in stark contrast to the world-wide cure that many hustlers have tried to pin on the IQD alone.
The IQD is just 1 of 20, and is not the center of the universe. It’s just that the high mark-up retailers love that so many were told it was the central point to focus on. Perhaps that was good for their bottom line, but not for many who were told it was “gonna happen on Monday”.
I do not profess to know the significance of this letter to congress, but the chickens are coming home to roost, and the gurus are once again blindsided by news that puts their “we have an RV!” news back in its proper place: the dunny. When it happens, you will know.
Gazza says: May 19, 2014 at 2:53 pm Wha Why wouldnt the rv pay the national debt if usa is holding lots of dinar? Thanks
whitehatauxiliaries says: May 19, 2014 at 3:47 pm No such details on retiring the debt in such ways has ever been released. Only the gurus claim that such is the case.
Overprinting and over-issue of dinar is a real factor. We assume they will find a way around this issue, but the details of such are not known. The tax revenue on WGS payout to US interests would be quite substantial and on its own would retire a large portion of our debt (about 11T).
But, in the end, those details are not totally known and it is highly doubtful such details would be released to anyone, let alone guru factions, until it was determined appropriate to do so.
Danno says: May 19, 2014 at 6:23 pm Hi Tony, first of all thanks for all your hard work on this site. In regard to the over-printing issue, I recall the DaveSchmidt show (from 4/23 ?) where his featured guest said that issue will be rectified when the “China deals” are transacted.
Those massive holders of dinars will be receiving FRNs, which will eventually become worthless as the TRNs come into circulation.
So essentially, anyone can trade in all the trillions of dinars they want and it doesn’t really matter, as the government handing over the FRNs in return doesn’t want to be holding them to begin with.
Currently, I view it as the only logical way to proceed, since no other mechanism appears to offer such a remedy. Now, of course, one’s left to ponder why China or another BRICS group member would want to give up FRNs if the potential exists to exchange those for TRNs.
Obviously, no one really knows for sure exactly what the thought process is by the Treasury folks, and if they’ll be letting other nation states get their hands on TRNs in any significant quantity.
It sure will be awesome to see what the next few weeks bring, including this “holy grail” Russia/China gas deal brings. Anyway, once again, Tony, great work, man. And please feel free to offer your assessment of this storyline.
whitehatauxiliaries says: May 19, 2014 at 7:51 pm Hello,Thank you for your kind words.
My only assessment is that I am not going to offer what I think will play out in fine details because I simply do not know, and I do not what to give anyone the impression that such details are known by anyone outside the UST, etc.
We were told that the private dong deal offered through that show was “highly questionable”. That being the case, the rest of the information stands in taint of doubt.
However, the general idea that the FRN will devalue is certainly confirmed, and I would assume that would certainly apply to any brought into the country post GCR.
Otherwise, what’s the use of a TRN if the FRN can be brought into circulation from outside the USA and given equal value? It just sounds logical that such would not be the case.
But, in the end, the precise details of this are not known, and I would be very surprised if someone was allowed to go public with hard core details at this stage.
On that part, I agree with you: nobody knows the thought process of the Treasury on this. My personal strategy is to let the thing play out as it happens, and move quickly during the process. Thank you!
Andy V. says: May 19, 2014 at 6:44 pm Thanks to Terry601 for the heads up.
Here is the notice issued by the White House of the continuation of the National Emergency.
Click the link in the bottom of this:
Valdi says: May 20, 2014 at 5:26 am The latest video from Smartknowledgeu contains sound advice for those who are awaiting further updates and is well worth watching….and applying. :-)
The Upcoming Lost Decade: Discovering Your Life’s Mission
Scott F says: May 20, 2014 at 7:42 am WHA Some very encouraging posts on OWoN this morning, thought that you could bring it over here when you have time, I`m sure somebody will bring if you don`t. Your efforts are greatly appreciated.
whitehatauxiliaries says: May 20, 2014 at 9:44 am Hello, Yes, I have been monitoring it. Here is a question and answer that I thought was worth bringing over. There will be more tonight or tomorrow from what I understand.
Q: Thanks for the information. Word around the CMKX world and from Al Hodges is that there would be a new monetary system, along with a treasury reserve note. Is this the case?
How close are we to the new monetary system actually being implemented? It seems it has been “close” for years. Thank you.
A: We are at the final stages now of a non US dominated Global asset backed system. We don’t seek to harm or exclude the American people, quite the contrary, we wish to aid them also to rid themselves of the Nazi Zionist Cabal destroying a great country, and to help America recover as much as the Western world needs it also.
The Cabal and Fed have no tangible viable assets left and now need access to the true Global hard assets which can only be used by exiting them from control.
They basically, can no longer afford to play, and the new powers are calling their bluff. When you cant pay, you have no say.
This is the death rattle for the Rothschild and Nazi NWO, as new groups not assume, but take power from them.
With the accelerating pace of Sciences and technologies, the old closed mind religious restrictions and Jesuit/ Vatican and Zionist influences will all be consigned to history, as the new populations will have no room or time for them. What is coming will change everything as you perceive it.
The TRN is only one of a number of new initiatives. BRICS,China,Russia and more are coming. We want to collapse the Cabal not the US. US domination will end, and America will co enjoin a new League of Nations, as responsible partners, but with a restraint price.
We don’t want NWO, but one world of nations. United with good values.
By the year end you will see more. Its unstoppable, and it will be good for all, bar the Cabal who are now hemorrhaging badly. The R’s are being cornered out. A Roach free world is coming. One fit for purpose.
Our remaining obstacle is educating stupid and rebuilding nations. The Made Men Made off with too much. Global scrutiny will expose the Elitists as a new Democratic order emerges. Not a good time to be a Roach.
M says: May 20, 2014 at 10:32 am Hi, Thank you for posting the news about the WGS moving forward with the new monetary system. There is however a new article posted on The OWON site talking about the imminent conflict between Vietnam and China affecting the revaluation of the dong.
Do you have any thoughts on this topic that can be shared? This is the link to the article.
Thank you for all you do.
whitehatauxiliaries says: May 20, 2014 at 11:29 am My thoughts are simply this. The comment about imminent conflict was issued by a simple citizen bystander, not a military analyst or soldier.