Sometimes a picture is worth one thousand words. I write often about the suppression of particularly gold and how it is done by selling paper contracts into the “market” when the price threatens to break out and go higher.

I am not sure how many can really understand just how massive the manipulation is.

For some idea of how big this you may want to refer to the Financial Times article from September 29, 2020, where JP Morgan paid a $920 Million fine for this practice. They are not alone.

Keep in mind that the pictures I am putting on this note is just for April 24, 2025, from around midnight until around 10 AM. This has been going on likely for decades, but I am sure of the fact that is has been happening since 2011 when I started watching the charts daily.

When I started writing about this in about 2012 most people ridiculed me for suggesting that this was NOT a fair playing field and that at some point the price of gold- and other assets would skyrocket to adjust for the years -and maybe decades- of price suppression.

If these actions had not taken place, it is possible that gold would be over $25,000.00 per ounce or more. This is just based upon the dollars conjured up from nowhere. Keep in mind that Japan got a head start on “printing” their currency. Currently, it costs 474,370 Yen to buy ONE OUNCE of gold.

Gold holds its value and is a barometer of how well (or not) the fiat currencies are holding their value.

Just today, as you can see from the chart (bottom) that the price broke out higher at around 2 AM and two Major selling events took place. At around 3AM gold shot higher again and almost immediately another massive selling event took place. (Keep in mind this is not physical gold changing hands- they are paper contracts that mimic actual gold to influence the price LOWER.

Just between 12AM and 10AM there were 10 massive dumps of paper contracts to keep the price from increasing.

This was working like a charm up until about 2023 where this type of action kept the price from rising even though the VALUE was growing because of all the “printing” that this action is meant to hide.

The fact that central banks are buying record amounts of gold is overwhelming even the virtually unlimited paper games and the physical market is taking the paper games power away.

While nothing goes straight up, I believe that gold will go higher and that whatever you can buy with it today it will be able to buy the same goods FAR into the future. Five thousand years of history says so.

Remember- gold doesn’t do anything. Price rises are simply a reduction of purchasing power in a fiat currency. How low can fiat currencies fall?

Be Prepared!

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