Chart usGOLD   Chart usSILVER  
 
Food for thought
Everything the state says is a lie, and everything it has it has stolen
Friedrich Nietzsche  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1230.900.34
Silver 17.17-0.02
Platinum 1243.50-2.00
Palladium 776.00-2.75
WORLD MARKETS
DOWJONES 16805128
NASDAQ 448431
NIKKEI 15292153
ASX 539929
CAC 40 4129-29
DAX 8988-60
HUI 184-1
XAU 760
CURRENCIES (€)
AUS $ 1.4416
CAN $ 1.4227
US $ 1.2669
GBP (£) 0.7875
Sw Fr 1.2059
YEN 137.0400
CURRENCIES ($)
AUS $ 1.1382
CAN $ 1.1230
Euro 0.7893
GBP (£) 0.6217
Sw Fr 0.9518
YEN 108.1000
RATIOS & INDEXES
Gold / Silver71.69
Gold / Oil15.17
Dowjones / Gold13.65
COMMODITIES
Copper 3.060.01
WTI Oil 81.14-0.61
Nat. Gas 3.60-0.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Are Republicans or Democrats Better for Gold & Silver Performance?
Published : November 06th, 2012
571 words - Reading time : 1 - 2 minutes
( 7 votes, 4.4/5 ) , 2 commentaries Print article
 
    Comments    
Tweet

 

 

 

 

Here’s a breakdown of gold and silver performance by political party since the gold and silver bull since 2001.


 


 

 

What is very clear from the above is that Democrat Clinton, who was very close to the banksters, and in particular, Citigroup banksters, was awful for gold and silver, while Republican Bush, who was very close to oil interests and loved war, was great for the performance of gold and silver. Gold and silver’s performance during Democrat Obama’s tenure thus far has been closer to their performance during Republican Bush’s tenure than Democrat Clinton’s tenure. However, I believe that part of gold and silver’s resiliency during Democrat Obama’s tenure has a lot to do with the fact that when Clinton was in office, the bankers actually had to lease tonnes of physical gold and silver into the open market to suppress the price of gold and silver because they could not yet use the immoral and unethical HFT algos they utilize today to suppress the price of gold and silver in paper markets because they had not yet developed and perfected these algos to manipulate gold and silver prices as well as stock markets in general. Therefore, during Clinton’s tenure, the bankers relied primarily on selling physical gold and silver, and not paper gold and silver, to suppress gold and silver prices. For all intents and purposes, one can substitute the world “sell” for the word “lease” above, because though Central Banks still carry this physical gold on the asset side of their balance sheets as “leased” gold, this gold is now likely forever gone from their vaults and will never return. No sane persons or institutions will now part with their physical gold and physical silver and accept fiat paper currency in return. Thus, though Democrat Obama has been a very banker-friendly President like his predecessor Clinton, gold and silver prices during his tenure have risen, in our opinion, in spite of Democrat Obama, and with a less banker-friendly President in office, the prices of gold and silver would likely be even higher than their present prices.

Today, bankers have to create an illusion of massive gold and silver supply by falsely creating billions of paper ounces of gold and silver in the futures markets that simply do not exist in the physical world, aka the REAL world, because they have no more physical gold and silver to sell into the market to suppress the price of gold (or no more physical gold and silver with which they are willing to part). Thus, they are struggling right now to crush the price of gold and silver at a time when all major global fiat paper currencies are right now at their most fragile point in history on their way to worthlessness. Again, we endorse neither the Republican or Democrat candidate in today’s US elections as we believe both candidates are awful choices, so we have presented the two charts above merely for your digestion, and interpret the charts as you may.


About the author: JS Kim is the founder and Managing Director of
SmartKnowledgeU, a fiercely independent investment research & wealth consulting company. His flagship investment newsletter, the Crisis Investment Opportunities newsletter, with a focus on Precious Metals, has yielded +24.87% as of November 1, 2012 versus the +12.86% return of the S&P 500 and the +4.01% return of the Philadelphia Gold & Silver Sector index over the same time period.

 

 

Read the rest of the article at SmartKnowledgeU
Tweet
Rate :Average note :4.4 (7 votes)View Top rated
Previous article by
JS Kim
All articles by
JS Kim
Next article by
JS Kim
Receive by mail the latest articles by this author  
Latest comment posted for this article
Kim thanks. It is evident party lines don't matter as long as sub standard politicians and bankers remain at the helm. Here is three cheers to gold and silver bugs. Read more
Papli - 11/7/2012 at 2:17 PM GMT
Rating :  1  0
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

JS Kim

JS Kim is the Managing Director and Founder of SmartKnowledgeU, a fiercely independent investment consulting and research firm that devises investment strategies to protect Main Street from the fraud of Wall Street.
JS Kim ArchiveWebsiteSubscribe to his services
Most recent articles by JS Kim
7/25/2014
1/7/2014
1/6/2014
12/18/2013
12/4/2013
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
 
       
Kim thanks. It is evident party lines don't matter as long as sub standard politicians and bankers remain at the helm. Here is three cheers to gold and silver bugs.
Rate :   1  0Rating :   1
EmailPermalink
Démocrates ou républicains, cela ne change pas grand chose.
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer