Monday, March 28, 2016

we conclude that JP Morgan [JPM] in cooperation with the Bank of International Settlements [BIS] controls the dollar gold price by using their very dominant position in gold derivatives

There is NO SUCH THING as a free market. Period. Equities, assets, or Forex. It's all controlled to the penny by the money machinery of the banking cartels.
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 http://www.zerohedge.com/news/2016-03-28/dollar-gold-price-controlled-jpm-cooperation-bis

JPM held during 1999 – 2014 an average of 3.262 paper metric tons gold (derivatives) available for interventions on the development of the dollar gold price with the BIS as counterparty. Furthermore we conclude that the paper volume sets the dollar gold price and that there is almost no influence on the dollar gold price from the physical supply and demand. At last we ask ourselves of JPM and the BIS are operating agents for a higher goal and conclude that there is no free market for gold.
derivatives control all aspects of trade

 What is the impact of the paper volume (derivatives) on the dollar gold price?
 The dollar gold price is determined largely on the London Gold Exchange and the US Comex through a series of (derivatives) transactions on a given trading day. In that system paper claims (derivatives) to physical gold are traded just like physical gold.
 So if the paper volume is 92 times (2010) the physical volume …Hence the paper volume sets the dollar gold price. There is almost no influence from the physical volume.