Another Derivatives Trader is Bragging About Manipulating Gold Prices

Another week of revelations and gold price rigging to the downside facts. 

If you regularly monitor precious metals derivative market trading now in 2021, it is hard not to believe high-frequency trading chart painting price declines are not still a regularly occurring financial crime ongoing. 

Derivative traders bragging about how easy it is to manipulate gold prices while working at large commercial banks.

You might be wondering how such commodity market crimes could go on for handfuls of years, almost completely ignored by supposed financial market regulators.

This and other alleged types of precious metals price discovery manipulating criminality was very profitable for the largest derivative commodity contract trading commercial banks.

The embedded above clip illustrates the History Channel of just how profitable inducing waterfall declining silver derivative price sell-offs was over very short timeframes in the 2010s.

Even now, in 2021, high-frequency trading price discovery chart painting in the precious metals markets still seems somewhat commonplace. 

Yet given the bullish bullion fundamentals that have been building over the last few years, it also appears the efforts to push precious metals prices down by the short trading powers that be, are becoming less effective than they once were.

Record-sized bullion sales volumes and growing precious metals investing interest may lead to another shortage of quickly available bullion bars and coins at reasonable prices and premiums above the fluctuating spot price markets.

In this week's SD Bullion market update, we will cover a bit on the case for a potential sell-off in precious metals spot prices over the short and near term.

Those of you out there looking to add to a prudent precious metals position, the coming days and weeks of these summer doldrums for precious metals may be fully arriving with lower spot price point buying opportunities.

Meanwhile, the fundamental drivers for higher precious metal values medium and long term at higher inflation rates become normalized. Central banks continue near fully monetizing the bond markets, and highly negative real interest rates become obvious to any who bothers to look.

Keeping precious metal value politely suppressed is unlikely to last very long given these bullish bullion factors building.

Nearly doubling the fiat US dollar's monetary base will have lasting inflationary effects in the last 20 months. Physical precious metals bought on weakness should become precious stores of value to come.

That is all for this week. As always, take great care of yourselves and those you love.

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James Anderson
James Anderson
Senior Market Analyst & Content

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades...