Russia Is Not Selling Gold, Bought 18t In November

If it was my decision, I wouldn't sell GOLD either.  See below for the facts, not the noise from the so-called rumor mill.

https://www.bullionstar.com/blog/koos-jansen/russia-selling-gold/

A WARNING FOR THOSE BORED WITH GOLD

Convert your currency while the ratio is low and you can never fail.  The smart money is converting as we speak.  If your stack is low when you need some currency then the trouble occurs.  Never enough ounces or grams, etc..

A Warning to Those Grown Bored with Gold.

Deutsche quits gold price-setting as regulators investigate fix | Reuters

Those of us that have already suspected this blatant manipulation of the precious metals markets, are convinced that this is just a "kink in the armor".  The banks will wiggle out of this with some over-inflated fines.  Interesting to see Deutsche getting out.

Deutsche quits gold price-setting as regulators investigate fix | Reuters

Gold Manipulation is outed!

Those of us that can read a chart already knew of this action in the commodity world.  It extends to all commodities but the gold manipulation is pertinent due to its monetary value.  The banks, just like we would if we had unlimited funds, buy and trade the commodities like currency.  The mere fact that position limits seem non-existent for the banks give them the advantage on both sides of the trade.  Here we have the media and a professor chiming in.

  https://www.goldcore.com/goldcore_blog/bloomberg-how-keep-banks-rigging-gold-prices

How Often has the Fed Tightened in December?

Even if the Fed chooses to reduce stimulus this month, it still leaves monetary policy extremely accommodative. So while history suggests that the central bank will prefer to wait until after the holidays to reduce monthly bond buys, knowing that they are delaying the inevitable, December tapering is still on the table.

How Often has the Fed Tightened in December? | BK Asset Management

Is Bitcoin a Viable Currency?

With JP Morgan patenting their "payment system", it seems that BitCoin may be coming into its own.  Many are saying that BitCoin may be the "NEW CURRENCY" of the future financial system.

Imagine that there was a payment system that allowed you to instantly move money anywhere on the globe, between any currencies, securely, at virtually no cost—and without reliance on intermediaries, like banks. Now imagine that system only accepted one currency to mediate these transactions. Surely, that currency would have value, and, in turn, each unit of that currency would have value. Well, that payment system is the bitcoin network, running the bitcoin software, and the currency unit is bitcoins. Because bitcoin (the software, payment system, and network) has value, bitcoins (the currency units) have value.

Read more: http://www.fee.org/the_freeman/detail/is-bitcoin-a-viable-currency#ixzz2nBAeqhq6

Rigging the Gold Market

Thanks to Pinnacle Digest for this concise look at the blatant manipulation of the metals markets.

While the exact amount is unknown, paper gold supply greatly exceeds physical. The fact that we have a paper gold system tells you just how distorted things have become.  In reality, the paper gold market is no different than a fractional reserve banking system, where there is many times more paper contracts in circulation than there is actual physical gold.

Rigging the Gold Market -- via Pinnacle Digest

Demise Of The Dollar: Canadian Province Issues Off...

Sufiy.: Demise Of The Dollar: Canadian Province Issues Off...:   

At the first glance you can ask yourself why on earth BC is issuing its debt obligations in the currency which is getting strong...