Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Are Republicans or Democrats Better for Gold & Silver Performance?

IMG Auteur
Published : November 06th, 2012
571 words - Reading time : 1 - 2 minutes
( 7 votes, 4.4/5 ) , 2 commentaries
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
2
comment
Our Newsletter...

 

 

 

 

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
Companies Mentionned : Metals X |
<< Previous article
Rate :Average :4.4 (7 votes)
>> Next article
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 3:17 PM GMT
Rating :  1  0
Top articles
Latest Comments
41 Facts about Central Banks no ...
19 Decsamking73
I'm not sure that much was taught about the central banking system back when I was in school...25 + years ago. At least not the important parts.
Gold & Silver Market Morning
19 Decend
If you trade XAU/RUB and have bought XAU using RUB, you should have closed your position as he advised. Then you should have switched, buying gold ...
Muslim terrorism, the left and t...
19 DecFirebear1
All please understand this person was a Muslim,that was his believe! His character was that of a criminal as was shown by his action on the day and...
Napoleon vs. Cheney: "Interrogat...
18 Decwalmarde
Torture just put the moral line lower. Lets think about American exceptionalism. What we want ? we want to spread and defend that exceptio...
Napoleon vs. Cheney: "Interrogat...
18 Decwalmarde
Utilitarianism is bad philosphy. I'm also very disgust about torture. It will backfire in our face. We are now no better than ou...
Napoleon vs. Cheney: "Interrogat...
18 DecJosu O.5
I cannot overstate how important is that every american read this article. It's absolutely wonderful how you have summarized every aspect around to...
Muslim terrorism, the left and t...
18 Decend0
Does anyone still wonder why is Australia hotbed for second generation Muslim migrant radicalization? Does anyone still need an explanation on why ...
Gold & Silver Market Morning
17 Decsamking731
Gypsie, my take on what he's saying is on paper gold, not actual gold that you are holding in your hand. In that way, gold is gold, though Pandas ...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Comments closed
  All Favorites Best Rated  
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.
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.