foreign
the price is definitely being suppressed
the evidence is in the Commodities and
Futures Trading commission reports
there's a guy named Theodore Butler who
has been following this for years and
exposing the manipulation so my hat is
off to Ted Butler
uh Metals leasing is something that's
existed for a long time and originally
it was done for some very legitimate
purposes if a mine is having a labor
dispute or there's a mine collapse or
for some reason they're out of
production and they've already
sold forward they've got contracts to
deliver Metals in the future they can
fulfill those contracts and not lose
those customers by leasing gold or
silver from somebody that has a
stockpile of gold and silver and
fulfilling those contracts and then
replacing the gold or silver paying back
out of their production later on
refineries can do the same thing but
uh
there's been a some gold and silver
leasing that is for less than legitimate
purposes that has been done over the
past several years where a bullion bank
will lease gold from
the basically the government
um
it's probably coming from the Federal
Reserve we don't have hard evidence on
any of this but if you look at
gata.org that's the gold antitrust
action committee so
gata.org
this is a group of Commodities analysts
and attorneys that have done a
spectacular job of compiling a body of
evidence
that is just so overwhelming that any
sane person that looks at it comes to
the conclusion
that the world central banks have been
doing this process of leasing gold and
selling it into the markets to suppress
the price and that there's probably only
between 40 and 60 percent of the gold
left in these central banks that
somewhere between 40 and 60 percent is
already
in private hands it's been sold into the
markets to suppress the price
the government or the Federal Reserve or
somebody with access to Gold will lease
it to a bullion Bank who then sells it
on the open market
to push the price down and then they
take the proceeds and they'll buy
options or Futures and then they take
the balance and invest they used to
invest in U.S treasuries that were
paying like five percent the lease rate
was like at one quarter of one percent
and they get to pocket the spread so
it's basically free money with no risk
well all these contracts have a clause
in them where they can pay back in cash
so um it I believe that it will cause
the price of silver and gold to explode
one day
simply because they they don't
if they had to go out and buy the gold
and silver on the open market and
replace it the price would go to the
Moon
but even if they don't if it's exposed
that that gold and silver isn't there
that there's a whole lot less of gold
and silver in the world than people
thought there was that's also going to
make it explode so it doesn't matter
they're you know they're getting caught
in in one of the world's most gigantic
shirt squeezes and one day we will see
these prices just absolutely explode and
I want to be on the correct side of this
and I want to I want to own as much
physical gold and silver coins and bars
as possible when this happens if you
can't touch it you don't own it
uh how do you see this thing ending
well
most important there's going to be a a a
a price explosion gold and silver and
the people are now are going to make a
lot of money from it uh the people that
are in it there's almost no
understanding of what this is all about
and that's why knowing what God knows is
so critical because the Market's here
it's going here and we know why
one of the things that I've done that I
don't know anybody else that's noticed
this but I download the financial
statement of the United States every
single year and I keep it on my desk and
I highlight certain areas and go through
it and one of the things I noticed was
there's a section for gold where they
account for the gold and