Gold and silver market manipulation by governments, central banks, and bullion banks is so well documented now as to be beyond obvious, Bullion Star researcher Ronan Manly writes tonight. But the bigger manipulation, Manly concludes, is the very structure of the monetary metals markets themselves.
"By siphoning off demand for real gold and silver and channeling it into unbacked or fractionally-backed credits and futures, the central banks and their bullion bank counterparts have done an amazing job in creating an entire market structure of futures and synthetics trading that is unconnected to the physical gold and silver markets. This structure siphons demand away from the physical precious metals markets, and, in doing so, creates a system of price discovery that has nothing to do with physical gold and silver supply and demand."
Manly's analysis is headlined "Gold and Silver Price Manipulation -- The Greatest Trick Ever Pulled" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly...ice-manipula...
