Max Keiser & Alasdair Macleod on Rigged Gold Market (27July13)

Keiser Report: Guest Alasdair Macleod on rigged gold market (27July13) 


Alisdair Macleod from goldmoney.com talks about the rigging of gold prices by central banks and government, the main rigger behing the gold price is the Uk's Bank of England. The central banks are colluding to push the physical price of gold low, while pretneding eir worthless paper Fiat crap currency has vauel, when in fact it is backed by thin air so werthless.

Recorded from RT HD, Keiser Report, 27 July 2013.

Let's get physical: GOLD refiner Baird's take on the Market

Episode 136: Alasdair Macleod interviews Tony Baird of Baird & Co. Ltd (www.goldline.co.uk/) -- a London-based Bullion Merchant, refiner and member of the London Bullion Market Association.

Tony discusses the scrap market supply for both gold and silver and how "cash for gold" businesses have contributed to this market in the last few years.

He then details how busy they were during the price dip in April and just who was demanding physical gold and causing backlogs at all the major refiners. A boots-on-the-ground view from the physical bullion market that sheds fascinating light on the refining business and the recent supply and demand for physical gold.This podcast was recorded on 25 June 2013.

Alasdair Macleod: The Deflationist Error

Many people believe there is a significant risk that the Irving Fisher debt-deflation theory of great depressions is still an economic threat today. They overlook the fact that Fisher published his theory

The events he described arose as a consequence of the earlier expansion of bank credit in a fractional reserve system when the currency being used was convertible into gold. This was the case until 1933, when Fisher wrote his definitive article forEconometrica. Under those circumstances, it is obvious that contracting credit leads to a self-feeding liquidation of assets, driving their prices down, and an increasing demand for money, i.e. gold. This was reflected in the gold revaluation that took place that year.

This is not the situation today. The absence of the gold discipline allows central banks to replace credit with quantities of raw money sufficient to ensure that Fisher’s debt-deflation is bought off.
examining debt-deflation events under a gold standard, which does not apply today. Financial credit contractions therefore take a different appearance.

This short commentary by Alasdair was posted on thegoldmoney.com Internet site on Sunday...and I found it buried in a GATA release yesterday morning.

Read more...

Shortage of PHYSICAL Gold & Silver IS Developing - Alasdair Macleod

last couple days have been interesting for precious metals as the bottom hit around $26 and is now due for a rise.. but is rising earlier tha it should.. sept12th should b fun as Bernanke will speak and Germany has their deadline...that day will be exciting to see in the swings of silver...still stackin no matter how low or high-low

The Destruction of the Euro will be great for the US Dollar .In the short run, as the Euro continues its decline it will provide a level of false support for the U.S. dollar. However, if the Euro collapses, our U.S. banks will also collapse as they have their capital tied up in various European banks. So our U.S. banks would need another immediate bailout in that case. Which means the Fed would have to do Q.E. to infinity which would destroy the value of the dollar sending the "price" of ALL commodities higher. Not according to the interconnected Derivatives chain, and not according to Pastor Lindsey Williams either who has warned for a very long time, "Once the Euro goes down, you'll have a week or two at most to make final preparations." Hedge your bets on this one.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet