Many gold and silver aficionados believe the London Gold Fix and London Silver Fix have negatively influenced the price action of gold and silver by illegal or underhanded means.
Famous for its timeliness and accuracy, London's Financial Times reported yesterday ( Monday - 2/24/2014 ) that world gold prices may have been manipulated on 50% of occasions between January 2010 and December 2013, according to analysis by Fideres, a consultancy.
Although the Financial Times website quickly killed the original post's link, we have the entire FT article intact for you to read... by clicking here.
5 year Intraday Average Gold & Silver Price Movements
The following Sharelynx charts
If a picture is worth a thousand words, these two charts are worth thousands of data points, illustrating what many believe... that "the fix, is in".
On the charts, pay attention to how the metal's price action falls on average only minutes before each daily Gold AM Price Fix, Gold PM Price Fix, & Silver PM Price Fix.
Remember how the last London Gold Pool ( Price Manipulation ) Ended...
In the late 1960's, the London Gold Pool lost control of gold's price. Near the end of the following decade... gold saw a 24 multiple in its price going from essentially $ 35 to 850 per ounce.
If history is a guide to today's alleged gold price fixing crimes, there are many multiples in value gains ahead for physical silver and gold owners .
For more details on the 1960's London Gold Pool and its similarities to today's gold price suppression schemes, we suggest you read Grant Williams' Dec 2013 piece entitled, "Twisted (by the Pool)".
If you would like to take advantage and acquire physical silver and gold bullion on the cheap today, we can safely and securly deliver these precious metals to your door or your preferred non-bank vault account.
You can always order online and "lock-in" your bullion prices 24 X 7.
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The following Sharelynx charts cover 5 year timeframes, from December 2009 - 2013.
