Look Who it Was Random video

Is the price of gold manipulated? Exposed in 2016

793 views · Published 10 October 2016 · 4:35 · Indexed 21 September 2026

Channel: ITM TRADING, INC. · 2016 · News & Politics

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Transcript 

so many of you or some of you may have noticed what happened to gold today and this is perfect because it's exactly what I want to talk about is why this happened to go today for those that haven't looked the spot gold market so wall street's gold market declined by about 42 bucks now they're going to use a whole bunch of different reasons for that one of them is that Janet Yellen may raise interest rates that's ridiculous the reason my opinion this is my opinion I can't prove it but the reason why you saw gold whack today was simply because over the weekend we had a global financial system shift which is what we're going to talk about today and what I found in all of my research that I've done is that there are a couple things that they want to have happen when there's a major shift number one they don't want you to know about it so they want things to appear as normal as possible so that you have no idea what just happened and then number two they want to have some distance between the shift and when you do know about it so having said that i did some calculations today because you know those that have been to more of the webinars know that the e-mini futures which is what we're looking at right here and their minions one dollar and ten cents to control a hundred ounces of physical gold so prior to a the markets opening at nine-twenty between nine 2925 as you can see there were over 24,000 314 futures contracts that were sold that's that big spike that you see right there so it costs them twenty-six thousand seven hundred and four whack gold like that as you see right there now considering the fact that you and I would have to earn that 24,000 but all they have to do is push a button that makes it even cheaper so that 24,000 actually controlled over 2 million 2.43 1 million ounces of gold and it costs forget at a dollar cost to spot and over three billion dollars 26,000 to control three billion it's good to be king ok now for all of these spikes so this bike this bike this bike in that spike they sold short this is gold that they don't have is just on a computer over 74 million ounces of gold that is pretty close to the entire world production of gold up until this point at the same time look at demand ok there are 542 owners for every available balance of gold for delivery at the comex exchange talk about leverage and this is what the central banks have been doing that's a full year I didn't have 2016 full year but they're still on target to be buying gold so if you stop and think about it in a real free market what you have is when demand exceeds supply prices go up when supply exceeds demand that's when prices go down but the other thing I want you to understand is if you actually owned that much gold and you wanted to liquidate are you going to sell it all at once so you get the worst price or are you going to decide how you're going to liquidate it so that you don't hurt the price that you get so perfect day to show you what market simulation looks like i have looked at the other contracts but the e minis are the ones that i know that the central bank's like to use so i just went right there ok now

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