Articles related to Washington Agreement
 
Rob Kirby - Kirby Analytics
Forensic Examination of the Gold Carry Trade 

Friday, October 16, 2020
Sprott Money
The LBMA Is A Ploy of the Central Bank Community - Nico Simons
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? Manipulation is a joint effort of the Central Bank Community The sig
Wednesday, August 23, 2017
Sprott Money
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? Manipulation is a joint effort of the Central Bank Community The signs
Wednesday, August 16, 2017
Sprott Money
Gold The CIA Go Back A Long Time - Nico Simons
Question Is the CIA involved with the world gold market? About the CIA (1) The Central Intelligence Agency (CIA) was established by the National Security Act of 1947 as an independent agency under the direction of the National Security Council. Its principal mission was to “correlate and evaluate intelligence (from around the world) relating to the national security, and provide for the appropriate dissemination of such intelligence within the Government.” One of the main objectives in cr
Friday, June 16, 2017
Andy Hoffman - Miles Franklin
Precious Metal Investing 2017-The “Old” Versus The New
Talk about “extremes to the extreme!”  To wit, I have been watching the “2:15 AM” open of the London paper market for nearly four years; and on 806 of the 923 days since, prices have been either attacked or “capped and attacked” via the ubiquitous “Cartel Herald” algorithm – which has stopped all PM rallies, at all times of day, for the 15 years I have been watching.  In fact, when I started watching the 2:15 AM “phenomenon” in July 2013, gold and silver were $1,300/oz and $19/oz, respectively,
Wednesday, March 15, 2017
Andy Hoffman - Miles Franklin
Bail Out Yourself!
It’s Thursday morning, and this will be my last article before the long holiday weekend.  That said, there’ll be plenty to “study” over the next four days, care of thislink to the entire, nearly three-hour proceedings of last week’s Houston “Q&A Rap Session” with myself and Miles Franklin’s President and Co-Founder, Andy Schectman – hosted by one of the true “good, smart people” in this business, Daniel Ameduri of Future Money Trends.  In it, essentially every topic you can imagine is covered –
Thursday, May 26, 2016
Przemyslaw Radomski CFA - SunshineProfits
Gold Lease Rates and Gold Prices
Are gold lease rates (GLR) really one of the major drivers of the price of gold, as is often cited? A lease rate is the market price for borrowing or lending the particular asset. Obviously, the gold lease rate is the cost of borrowing gold. In much the same way that individuals borrow dollars, pay interest, and then return dollars to the lender, gold bullion participants borrow gold, pay a borrowing cost, and return the gold to the lender. So much for the Buffet’s claim that gold has no yield.
Monday, May 16, 2016
Andy Hoffman - Miles Franklin
PRECIOUS METALS MANIPULATION PRIMER
As Popeye used to say, “that’s all I can stands, I can’t stands no more.”  As the former “Ranting Andy” – a name, I might add, given to me by Bill Murphy of GATA circa 2009, following countless emails regarding my frustration about mining stocks – I have my limits, too.  And fortunately, a wealth of knowledge to back it up – garnered over 13½ years of intensive research. To wit, when I refer to “long-time” readers, I am not connoting those that started reading when I joined Miles Franklin four y
Wednesday, October 21, 2015
Bill Holter - Miles Franklin
Low Prices Will Cure Low Prices
It looks as if another COMEX expiration has come and gone without any “fireworks.”  I must say, I in no way expected what has occurred, the longs evaporated unlike any time past AND with the knowledge that physical supplies are very tight.  Were this any other market, a short squeeze for the ages would have been forced.  With less than one week to go, silver had almost 300 million ounces contracted for and gold 16 million.  These bled down to almost 20 million silver ounces and just over 1.1 mil
Monday, December 1, 2014
Chris Powell - GATA
Koos Jansen: Why did European central banks sell gold
Focusing on the Netherlands Central Bank's reduction of its gold reserves, Bullion Star market analyst and GATA consultant Koos Jansen asks why the European central banks sold (or purported to sell) so much gold from the announcement of the Washington Agreement on Gold in 1999 through 2010, when such sales stopped almost completely. Jansen cites a comment by the Dutch treasury secretary in 2011 in support of his speculation that the gold sales may have been intended to help redistribute amd equa
Friday, November 21, 2014
Mark O'Byrne - gold.ie
‘Gold Wars’ - Swiss Gold Shenanigans Intensify Prior To November 30 Vote 
‘Gold wars’ are intensifying with just 16 days left to polling day in the Swiss Gold Initiative. ‘The Gold Wars’ by Ferdinand Lips The Swiss National Bank (SNB) and establishment parties went “all in” during the week and intensified their campaign. They suggested that passing the Gold Initiative would be a ‘fatal’ for Switzerland and would be positive only for speculators.  The ‘yes’ side countered by saying the SNB’s assertions were alarmist and over the top. They say that it is not an invitat
Friday, November 14, 2014
Chris Powell - GATA
Ronan Manly: Why doesn't the World Gold Council care about Switzerland anymore
GATA's dispatch of a Bloomberg News story November 5, "World Gold Council Has Nothing to Say about Swiss Gold Referendum" -- http://www.gata.org/node/14664 -- reminded me that there was a time when the council would publish detailed analysis on topics relevant to Switzerland's gold reserves. This time covered at least from May 1997 to May 2000, prior to Switzerland's infamous gold sales. These World Gold Council publications were frequent and often questioned the motives and purposes of the Swis
Saturday, November 8, 2014
Bill Holter - Miles Franklin
Has China Played Possum
Alisdair Macleod of Goldmoney.com put out a piece last week which suggests China may already have accumulated between 20,000 and 25,000 tons of gold prior to 2002.  Please read this very carefully as it makes very good sense and puts a piece into the puzzle which was missing for so long.  Let me also add, if this turns out to be true then it is THE biggest financial news since August 15, 1971 when the U.S. defaulted on the gold standard. Macleod believes that China has been playing possum regard
Monday, November 3, 2014
Darryl Robert Schoon - Survive the Crisis
The Price of Gold and the Art of War, Part II 
If you wait by the river long enough, the bodies of your enemies will float bySun Tzu, The Art of War, fifth century BCTHE 1999 GOLD CRISISThe 1999 gold crisis was the turning point in the bankers? war on gold. Intended to disguise the falling value of fiat paper money, a lower gold price signaled that monetary distress caused by the removal of gold from the international monetary system did not exist, that capital markets would continue to expand despite the ever-increasing amounts of constantl
Tuesday, September 30, 2014
Mark O'Byrne - gold.ie
Gold Not a Safe Haven Tell That to the Folk in Ukraine, South America, Middle East and Africa
Today’s AM fix was USD 1,315.00, EUR 981.86 and GBP 787.85 per ounce. Yesterday’s AM fix was USD 1,309.25, EUR 980.42 and GBP 780.71 per ounce. Gold rose a tiny $1.90 yesterday to $1,311.60/oz while silver fell $0.12 or 0.6% to $19.84/oz. Gold in Ukraine Hryvnia - 2 Years (Sharelynx) Overnight, gold was slightly lower In trading in Singapore. Gold in London eked out very slight gains this morning. Futures trading volume picked up somewhat but remained 18% below the average for the past 100 days
Thursday, August 14, 2014
Julian D. W. Phillips - Gold Forecaster
Will central banks need to buy Gold back from the Market 
By Julian Phillips Gold Leasing – to what extentThere is a belief that central bank gold in the custody of the world’s leading central banks such as the Fed, the Bank of England and the Banque de France has been leased out to the market. Central Banks have confirmed this, but it remains a source of contention. Even where the gold of the world’s central banks are held in the world’s leading central banks in a custodial arrangement this is so and it is reasonable to assume that this could not be d
Thursday, May 29, 2014
Andy Hoffman - Miles Franklin
Relax, Gold and Silver Owners – This Is What You’re Up Against
Central bankers for the buffoons they are – hence, today’s primary topic – let’s give a shout out to one of the few sane decisions they’ve ever made.  Recall 1999, when gold made a generational bottom at $250/oz. following then British Exchequer Gordon Brown’s historically foolish decision to not only sell most of the UK’s gold but announce such intentions beforehand. According to the “Speck-tacular Analysis” in Dmitri Speck’s fabulous new book, “The Gold Cartel” – which I am already two-thirds
Wednesday, May 21, 2014
Jesse - Le Cafe Américain
How Long Can Phase II of the Gold Pool Be Sustained 
"The London Gold Pool was the pooling of gold reserves by a group of eight central banks in the United States and seven European countries that agreed on 1 November 1961 to cooperate in maintaining the Bretton Woods System of fixed-rate convertible currencies and defending a gold price of US$35 per troy ounce by interventions in the London gold market. The central banks coordinated concerted methods of gold sales to balance spikes in the market price of gold as determined by the London morning
Monday, May 19, 2014
Mark O'Byrne - gold.ie
Gold “Important” And No Plan To Sell Significant Quantity Of - ECB
Today’s AM fix was USD 1,301.00, EUR 948.67 and GBP 773.85 per ounce. Friday’s AM fix was USD 1,293.75, EUR 943.17 and GBP 769.72 per ounce. Gold fell $2.50 or 0.19% Friday to $1,293.10/oz. Silver slipped $0.12 or 0.62% to $19.36/oz. Gold and silver both finished up for the week at 0.34% and 1.10% respectively. Gold moved higher today in euros, pounds and dollars after the ECB and 21 other central banks announced a new gold agreement. The new agreement was expected but the timing was unexpected
Monday, May 19, 2014
Chris Powell - GATA
Jesse's Cafe Americain: How long can Phase II of the gold pool be sustained
The London Gold Pool has been reinstated and is holding gold to $1,300 and silver to $20, Jesse's Cafe Americain argues this week. Jesse writes: "Phase I of the current gold pool ended with the collapse of the Washington Agreement, which was an attempt to prop up a failing arrangement often called Bretton Woods II. This failure became unmistakable with the change in central bank behavior toward gold, from net sellers to net buyers, with the revolt of the BRICs. "We are in Phase II now, which
Sunday, May 18, 2014
12345678