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<p>[QUOTE="fatima, post: 1324632, member: 22143"]China is importing 90 tons of gold/month. This is in addition to the gold they produce within their own country. Collectively the other countries of the world with Russia & Mexico at the top of the list, have imported another 400+ tons. </p><p><br /></p><p>IMO the manipulation is there. Have a look at <a href="http://www.kitco.com/charts/popup/au0030lrb_.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com/charts/popup/au0030lrb_.html" rel="nofollow">THIS CHART</a>. This is what it costs a bank to "lease" gold from the Central Banks. Notice the two spikes into negative territory. This means that on those days, you made money simply by leasing the gold because the interest is negative. i.e. The central bank is paying you to lease the gold. Why? You and I can't borrow on these terms. The only reason for something such as this is to knock down the price of gold. </p><p><br /></p><p>If this isn't a sign of manipulation, I don't know what is. It can't last lest the physical gold of the 1st world ends up in the 3rd world. It's a buying opportunity, take advantage of it.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1324632, member: 22143"]China is importing 90 tons of gold/month. This is in addition to the gold they produce within their own country. Collectively the other countries of the world with Russia & Mexico at the top of the list, have imported another 400+ tons. IMO the manipulation is there. Have a look at [URL="http://www.kitco.com/charts/popup/au0030lrb_.html"]THIS CHART[/URL]. This is what it costs a bank to "lease" gold from the Central Banks. Notice the two spikes into negative territory. This means that on those days, you made money simply by leasing the gold because the interest is negative. i.e. The central bank is paying you to lease the gold. Why? You and I can't borrow on these terms. The only reason for something such as this is to knock down the price of gold. If this isn't a sign of manipulation, I don't know what is. It can't last lest the physical gold of the 1st world ends up in the 3rd world. It's a buying opportunity, take advantage of it.[/QUOTE]
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