The Gold Cartel: Government Intervention in Gold, the Mega-Bubble in Paper, and What This Means for Your Future

Front Matter....Pages i-xix
Why Gold?....Pages 1-4
The Crises of the 1990s....Pages 5-7
The Strange Behaviour of Gold during Crises....Pages 8-15
The Strange Intraday Behaviour of Gold....Pages 16-18
The First Statistical Studies....Pages 19-22
Statistical Proof and Dating of Gold Interventions....Pages 23-26
Intraday Movements of the Gold Price 1986–2012....Pages 27-33
Gold is Different....Pages 34-36
Means of Gold Market Intervention I: Sales....Pages 37-40
Means of Gold Intervention II: Gold Lending....Pages 41-43
The Gold Carry Trade....Pages 44-45
Coordination of Private Banks and Central Banks....Pages 46-49
Giving the Game Away: Central Bankers are Human Beings Too....Pages 50-51
The Books are Silent....Pages 52-55
The Miraculous Gold Multiplication....Pages 56-60
How Much Gold is on Loan Worldwide?....Pages 61-75
Means of Gold Intervention III: Intervention through the Futures Market....Pages 76-81
The Gold Pool and Other Gold Market Interventions before 1993....Pages 82-92
5 August 1993, 8.27 a.m. EST: The Beginning of Systematic Gold Market Interventions....Pages 93-98
The Decisive Fed Meeting....Pages 99-107
Greenspan Ponders Gold Market Interventions....Pages 108-115
Phases of Gold Price Suppression....Pages 116-121
Shock and Awe....Pages 122-130
The Financial Market Crisis of 2008 and the Euro Crisis of 2011....Pages 131-139
Strong Dollar and Weak Mining Stocks....Pages 140-143
Interventions in the Silver Market....Pages 144-150
Swapped Bundesbank Gold and Other Mysteries....Pages 151-153
Who Intervenes?....Pages 154-169
The Mystery of 18 May 2001, 12.31....Pages 170-179
The Effects of Gold Price Suppression....Pages 180-190
The Wonderful World of Bubbles....Pages 191-198
Have Many Mini-Bubbles Created a Mega-Bubble?....Pages 199-220
Money or Credit?....Pages 221-231
Possible Scenarios for the Future....Pages 232-261
Back to Gold....Pages 262-267
Back Matter....Pages 268-302