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Caption Contest: If Gold Is Broken, They "Fix" It
Much has been written recently about the rigged London "gold fixing" process, during which, as even Bloomberg recently covered, the price of gold is blatantly manipulated. One thing was, however, missing: a photo of the fixers in practice. Today, courtesy of German WiWo, we show just what said "fixing" looks like in real life every single day.
h/t @DrGideonGono
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Haha! They have to wear a coat and tie, listen to that old clock tick, and stare at those ugly assholes all day while commiting fraud.
No salary is large enough for that!
You only live once.
than buy buy buy....than sell sell sell...r.i.p. rodney..
Caption contest:
One thing I never understand about dogs; they have such a strong sense of smell and then they go sticking their sensor right in the source, so strange.
no different that the fed. no one can argue that they are imbued with strong intellect, grasping myriad computer modeling concepts, yet they go sticking their brains in the ass of misguided economic policy.
intentional fraud is a different thing altogether than negligence and stupidity.
yes and no. these fellows at the fed were indoctrinated early on at the "finest" business schools in the country. i doubt one of these schools offers up anything other than standard keynesian fare.
even with indoctrination, they are smart enough to know that what the FED is doing is probably illegal, and certainly detrimental to the vast majority of average people. I suspect that they go along with what their superiors tell them because they feel like part of the ruling elite... doing what they do for the greater good of humanity, with their own positions at the top and ruling the lawless masses. someone has to rule, right? in otherwords, psychopaths.
"So how much fiat you guys wanna skim today?"
"As much as we can get away with, same as always".
Gold... I just placed my FIRST order for gold paying with Bitcoin. More information later, either I get it (or I will be proven a fool in public).
I will let you know the truth.
There's one gold broker I know of that accepts BTC for AU and they charge a premium for the service. The benefit is that theoretically you can buy AU from a wallet created in the farthest regions of uganda, however the source blockchain will go to a tracable account.
We're Smart Patrol, nowhere to go
Suburban robots that monitor reality
Common stock, we work around the clock
We shove the poles in the hole.
Duck........Duck.......Duck....Golden Goose.
Slaugher that bitch.
Wazzup? WazzUP? Wazzuupppp!
NOT GOLD!!!
http://www.youtube.com/watch?v=NsJLhRGPv-M
Peter Schiff vs. Harry S. Dent
Fool vs. fool?
Gold vs. the dollar?
http://www.planbeconomics.com/2013/12/harry-dent-vs-peter-schiff.html
Guy on the left talking:
“Don’t you guys ever get the creeps with the portraits of all those evil old Rothschilds staring at you while you here in the rigging pit?”
So you have the LBMA trading 290 million oz. of gold per day (for sure no HFT algos working that) with the contracts levered 100x for every gold ounce backing the contracts and then you have 5 guys sitting around the table with telephones at the end of the day setting the price at the Rothchild's bank.
Seems efficient, transparent, and not susceptible to manipulation or fraud.
An analysis of the LBMA gold fixing should be required reading for how to structure an efficient market for true-blue price discovery.
OK so that's what.. 900 tonnes+ per day?
um.. like 1/3 the total mine production of the entire year "traded" in a day?
Oh, that makes a whole lot of sense..
Now I understand.
Hey, India.. all 1B+ of you are being played.
Join the club.
9,100 tonnes per day. About 3.5 x world annual gold mine production is traded - each day.
Just another zero so no prob. The LBMA can make as much gold as you want.
Brings back memories of Steve Martin's routine about FRED'S BANK.
Except everyone laughed at Steve Martin.
Monty Python could never do a skit about the LBMA gold and silver fixing.
Nothing funny about efficient markets.
Yeah just like that "guy" who bought a tesla with bitcoin, only he didn't. Don't know if any of you caught the interview on cnbs with the Lamborghini dealer who " sold a telsa for bitcoin" only for him to come on the air and say, " the buyer sold bitcoin for us FRN's and THEN bought the used tesla from the dealer with dollars. Complete BS listening to the shills on cnbs trying to corner him into saying he accepted bitcoin, lmao. So if I sell my appl to buy a tesla can I get my 15 seconds on cnbs?
I notice a lot of them "cashing out" these days.
I was wondering when the faith in the credit worthiness of this scam would break...lol.
You have Noooooooooooooooooo idea.
Do yourself a favor and do some basic research. I'll make it easy:
http://www.youtube.com/results?search_query=bitcoin+explained&sm=1
An entire page, of youtube amatuers, explaining the ins & outs of a crypto-currency, to profit from in fiat currency...protected by a patent, to be enforced by the state.
No, I see no contradictions there at all ;-)
Flek calls it a chain letter not backed by a standing army or the power to tax.
As a person of the non-statist persuasion but indoctrinated by the state I am not so sure how to absorb this conflicting information.
Is bitcoin a monetizing scheme for distrubed hashing for the NSA? That may be the question of the hour. I'm very suspicious when the MSN promotes anything. I can't recall once in my life where pursuing anything they promote was worthwhile.
No wealth of the universe can satisfy their greed. I call them genetically flawed race.
I hope you used amagimetals.com. They are on the up and up.
"Yes, maintenance, this is Edward. How come my frame has no picture?, Oh, I see, that's the door"
Attention to detail. This caption wins hands down...
http://www.tubehome.com/watch/livestock-auctioneer
"Gentlemen, how much capital shall we misallocate today?"
more like "how much capital will YOU mis-allocate today"? what's a little gold amongst friends. http://www.youtube.com/watch?v=0WjHyA7-Iyshttp://www.youtube.com/watch?v...
this Zerohedgearticleauthor in Photocaption big Mistake has maken!
not give it Geldprice fixgetting, but the Highpriceprostituten for the Fridaynight are they detailoutworking.
huggen,
angelamerkeln
I heard Jar Jar Binks when I read that.
Meesa thinkin you be on the nose hittin it betcha betcha!
whorepricenmitwhoppiemachen?
Indeed!
"Over the past dozen years or so, many well-meaning individuals and institutions have sought to expose – and thus presumably put an end to – the rampant financial crime in these gold and silver markets. There has been the “smoking gun” testimony of metals trader, Andrew MacGuire. There has been a litany of quasi-confessions from various Western banking officials on past and ongoing efforts to “stabilize” (i.e. suppress) the gold market, in particular.
Then there are the markets themselves. We see prices jerked up and down (mostly down) in large, absolutely vertical moves, on a near-daily basis – an impossibility in any large, legitimate market. We see prices and inventories plummeting straight down, simultaneously – also an impossibility in any legitimate market.
We see the miners who produce these metals being relentlessly driven into bankruptcy, because prices aren’t allowed to rise high enough to even allow these companies to break-even, while at the same time global demand is spiking to unprecedented levels."
The One Road To End Precious Metals CorruptionPsychopaths are many things, stupid usually isn't one of them.
I'm not so sure how intellectual they are. They are installed by the Globalist Banker Cabal and told what to do by their new puppetmasters. Perhaps, more than intellect, they are chosen for their fealty to following the directions of their masters.
OK, guys, the photographer's here. let's all pick up our phones and make it look like we're taking adversarial positions on the price this morning.
Not typically my greeting for a first date, but this is 'dog world' we're talking about.
If the dog reels in horror it might indicate something, probably not good.
Haven't you figures it out yet? It's just about the only place, whose smell is NOT masked by other smells from the environment.
It's where you get the "Un-Manipulated ID", the "Genuine ID".
one can never be too sure.
Where the hell is Beeks and that Gold report! "And then there are other commodities, like frozen orange juice... and GOLD. Though, of course, gold doesn't grow on trees like oranges." It does when it's paper...
Get back in there and SELL!!!
If you're in the big club you're getting the milk.
If you're NOT in the big club you're just sniffin' their ass.
Yes, the cow is the Fed, the calf is the PDs, and the dog left licking up the PDs' piss for a taste of salt is us.
The view only changes for the lead mule...
So it´s just piss?? - yikes! (spitting) I thought its was urine..
This is exactly the way I pictured it...
With a name like Lordflin: you probibly have an uncle on the phone in the picture.
Okay, it's all fixed, lets move on to the next problem.
All Right Ole Chaps Time To Decide, Heads Or Tails ???
The fact that they have to get the younger guy to barricade the door with his desk is very telling. Those sons of bitches know one day the jig will be up and that door is getting kicked in. I hope the old Mr. Magoo looking motherfucker is the first to eat lead, because you know he's been at it sinc ethe time of Queen Victoria.
Listen kid, in the old days before Cellphones we had the BALLS to look eachother in the eyes when we were talking to each other on the phone in the same room. None of this texting bullshit! The walls were FUKKIN WALNUT TOO!
Why does no one look in the eyes in anymore!
I always try to look at people straight in the eye. While some people simply can't stand the pressure I find that if you are smiling with both your face and your eyes, after a few moments (or minutes) of surprise many welcome to chance to genuinely connect.
Mrs Cog says when I do this I'm 'glowing' people. I just like the chance to connect on something more than a superficial level. And if you are sincere and genuine many will respond well.
Yeah, but there's a fine line between eye contact and stealing someone's soul.
You must know my ex. Wife.
Great way to find out who's comfortable with themselves and with you, thanks for bringing it up...
I do quite a bit of public speaking to medium sized groups, alwways have a few who come down front after a talk with questions, your technique is a great way to find out who's genuine.
DaddyO
my guess is we've been doing that longer than we've been doing words
nice post
Been meaning to ask, are you doing any winter food production?
We decided to forgo a winter garden and immediately start many outside projects this fall and winter including expanding the garden, clearing brush, trees and old fences, cutting wood etc. However Mrs. Cog is canning up a storm. I think she's addicted to canning but she says she can stop at any time. ;))
+1
Smile with the eyes - many folks never figured that one!
Sheep hate eye contact. The truth is in the eyes.
Smiling and keeping eye contact. For a few seconds for me, any more than that I get invited to have sex, which is inconvenient during a business meeting.
Me too - though 30% eye contact is said to be the ideal, not 100% which is "unsettling".
The refusal to make eye contact or any other form of recognition is a "blank stroke" in transactional analysis as I recall - the absolute WORST of all interactions. By way of example a child may misbehave, preferring to gain a "negative stroke" - ie displeasure, punishment etc - rather than risk a blank stroke ie. be ignored: attention seeking despite the risk of scolding etc.
Yes, it's downright creepy, isn't it?
Nowadays, whenever I run across a younger person on a bike path or hiking trail and casually and politely say "Hello", all I get in response is averted eyes and stony silence. What the fuck is wrong with these gadget-obsessed automatons?
Oops, I guess I just answered my own question.
most have never seen a real live scurrvy pirate before.
I never stopped to consider that it might have anything to do with the parrot on my shoulder and the cutlass at my side.
Ditto.
degenrates had a sense of pride back thenm also, staring at a smarphone screen beats looking at the guy you saw raping an orphan while high on *.* the night before.
Never seen such a hi-tech system before. Amazing...How did someone figure out how to arrange those 4 desks and connect a phone directly to Rothschild's den?
Truly a technological miracle.
Looking at the phone on the right with the manual circular dialer I would say the photo was taken in 1970 at the latest.
The nice paintings on the wall are the members of the Rothschild's family?
On the count of three......unzip and CIRCLE JERK LIKE MAD !!!!
I'm not sure any salary or amount of life cover would be sufficient to persuade me to publish this photo if I were one of those worthy POS.
I hope their time is short and miserable.
Hello, table 1? This is Table 3. I’ve just ordered Table 2 to mark the close down $14 US. Don’t tell Table 4, he’s been a bit cheeky with me lately and I shan’t be telephoning him for the remainder of the week.
Also, I’ve always loved you.
"your 7am appt with Mr. longsoupline is here gentlemen"
"excuse me but how did you get in here? This room is restricted to...what is that? Is that....look calm down....oh heavens me!"
A bowl of gruel with all the Fix 'ns.
I miss LongSoupLine. I guess the F, U, C, and K keys on his laptop couldn't withstand the abuse.
Is that your morning gold fix, or are you just happy to see me??
Hello, is that Lady Janes? Yes, I'd like to order a selection of your finest mistresses, at least 5 would be good because there are 5 of us. Preferably educated totty, in leather costumes, but make sure they don't know anyone in the City. The address? Yes of course, it's St Swithin's Lane, but the ladies will need to use the tradesmans entrance door just to the left of New Court...yes 3.30pm is splendid, we'll be done with this damn Fixing by 3.15pm today, it's just a formality... Ok, tally ho!
Winner! :D
So when they're all on the sex hotlines in the same room, is the first one to start jerking it setting the bid or offer?
billions in revenues and still rockin LAN lines, no computers.
Hehe, I thought the same thing when I viewed those old rotary dial phones
Probably back when they said "ITT" or "Bell South". Remember as a kid it seemed like an ETERNITY waiting for that damn rotary dial to go back between each digit.
"Look Mortimer! I have three lights flashing on mine"
" We wait until the 3rd Thursday... Then we shake the Shorts!! "
Show me your derivative and I'll show you my naked shorts.
"The good part, William, is that no matter whether our clients make money or lose money, Duke & Duke get the commissions."
That table has a suspicious lack of cocaine. I don't know that I trust this photo.
It's on a ladyboy's ass, stage left.
http://cdn.bleacherreport.net/images_root/slides/photos/000/878/037/voll...
Yeah, right...
my god... who wants to do that all day?
"I feel like the windshield"
Seeing that every desk currently only has a British flag, I'm going to take a wild guess and say their global presence is still in the early stages of expansion.
While it has been widely reported that the Empire shifted to America after WW2 I have serious doubts about that so called 'fact'.
<"We have the Brits right where they want us." - America>
No, no, NO! Everybody stop at once... this sketch has gotten entirely too silly. Go on, get out, move it along!
One for the Ages: Stunning Positions in both the Gold CoT and the BPR;
http://seekingalpha.com/article/1885531-one-for-the-ages-stunning-positions-in-both-the-gold-cot-and-the-bpr
Russ don't do this to us. I have long since stopped following that stuff and trying to link it to future price movement. Don't you go and sucker me back in. Where is James Cole? James tell us about the miners, pour some cold water on this please.
Here you go Fonz - 'Gold gained over $10 today, looking pretty solid compared to its usual action, but really pretty fucking pathetic considering that it's still only 1240/oz. Miners refused to follow, looking ridiculously weak and pathetic, and forshadowing a major-league pre-market beat-down in gold tomorrow. Meanwhile, pressure continues to grow to have all gold mining executives arrested for gross incompetence, and made to dance in monkey suits outside the Mariner Eccles building'.
Thanks Al!
It's like the miners got leprosy or something, NOBODY wants to touch them.
I'd say it's a contrarian case, but they've had it for two years.
They've been marked for destruction by TPTB for some reason. In any case, I imagine the Chinese will buy up all the land after they all go broke in the next couple of years, and all the drilling the suckers have done should prove useful for the new owners.
>> One for the Ages:
Not so fast, buster. I did a little checking and your picture here doesn't look anything like "Russ Winter" on seeking Alpha. Who are you trying to fool?
got some Ag 5oz today from apmex, hopefully we'll never see $19 silver again. It is time!
What? Not even separate cubicles?
It must sound like an Indian customer service helpdesk in there.
"Hello, my name is 'Bob'. How may I be doing the fixing of the price of gold for you this morning?"
"Wow, this is a really great connection...it almost sounds as if you're in the room with me."
I always wondered what the gold trading desk at BIS looked like during the LONDON FIX...
yes I have already place the orders - now lets set the price dammit
If you like your gold, you can keep your gold.
"Are the phones really necessary? We are in the same room."
Put the latest trendy e-gadget in their hands instead of the corded phones, and they would look like any average American family in a restaurant nowadays.
Yes, yes, yes, I know what you want, but we cannot fuck your clients until we finish fucking my clients. Capiche?
"Get me somebody. Anybody. And get me somebody while I'm waiting."
Hey, how'd everyone get Lola on the line all at once ?
I assume that portrait of Andrew Jackson is there for pure irony...
The "den of vipers" think they have had the last laugh ...
In my wildest dreams, I never imagined it as actually a (wood paneled) den.
It's actually Count Chocula.
As I recall, throughout all recent memory gold price has always been fixed within a Rothschild London office. It is a lot easier to collect fiat from clueless suckers when one determines price.
Today, it is not only gold, but thanks to the full automation of every market, every asset class is price controlled, down to the realistic looking minute by minute price and volume fluctuations. Of course, those who set price have an obvious advantage. One would think that every time the take money from someone else it would be a matter of theft and fraud and prosecutable ... if there was such a thing as "the rule of law". (now e have "rule by the lawless").
As long as the controlling interests can keep the rest of the world content with their control they will most likely have nothing to fear. However, the next crisis will be interestng because a large (and growing) number of people now KNOW that the whole boom and bust charade has been planned to benefit the controllers and to disadvantage everyone else.
No one will believe in "just bad luck" anymore. They WILL KNOW for certain that they have been taken for fools and stolen from.
When time comes, street will fix the price and supply and demand will rule.
Jim Rickards has an interesting take on potential gold price manipulation. The Fed might be doing it, but the ones with the biggest incentive in pushing prices lower is China. The central bank wants more gold to buy itself a seat at the negociation table once the petro-dollar collapse and needs to be replaced by something else. China was not at the table when Bretton Woods was trashed.
Shenkakyu/Diaou islands gonna be a bit tougher to pull off than the Boxer "rebellion". China hasn't forgotten how the entire western world + Japan fucked them over in that intervention. Chicoms never forget.
Eventually, the Chicom will tell the US Treasury "Diaoyu some money?"
SShhh.
Most here worked that out in August or so.At least they can use
the UST's they will never be paid for.Not that I think they hold any.
Remember that $9tn the FedRes created that only came to light after a
semi audit ?
We only have their word they haven't weighed out the Chinese(again
like their RMBS refund precedent).
Just keep buying phyz. while the PBOC holds it down in the futures market.
Oi look at that chap on the wall o'er 'ere. 'Eye think we'll make our next homoerotic orgy a fancy costume party an' we'll all wear suits like 'at one.
The Royal Goldenbaums
They all have to face eachother to make sure no one gets stabbed in the back...
Scotty...cordinates for Photon torpedoes...now!
Hey look, we all live in a Golden Submarine!
"And our friends are All Aboard"... And the Band begins to play....
Can anyone recognize who is depicted in the paintings on the walls? Pretty sure one of them is a Rothschild, yes?
Certainly not Lord Acton, though if that is Andrew Jackson in the corner Acton may be there for spite as well.
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
-Lord Acton
And if you don't like the fix, this is what will happen to you.:
http://www.youtube.com/watch?v=wNnwc1RByzo
I couldn't watch anymore after 2 minutes.
And they acquitted this son of a M-F of his use of lethal force?
Coming to a Country or City near you U.S.Anywhere soon!
JHC
"Would you have any poop on gold?"
[for the younger set, recalling the "Would you have any Grey Poupon" bit]
Table 1: We must use the D&C strategy on Gold-member and bite-me-Bitcoin crowds.
Table 2: What, Dilation & Curettage!?
Table 1: No, Divide and Conquer. Have some in the gold crowd attack the Bitcoin crowd, while we attack both.
All Tables: LOL^QE
The usual wager, Randolph?
Yes, Mortimer.
OT but great rant: Former US Marine: President Obama should be tried for treason. From RT
http://www.youtube.com/watch?v=1Fh3-5ErbD4
Kenneth O'Keefe, a former US marine who burned his passport and became an anti-war activist.
A true man!
Worth his weight in gold.
"I told you wood paneling makes any room into great executive office space--Even old empty vaults."
"I've got it: the professor in the library with the candlestick!"
I think it pretty much speaks for itself just like any pre-internet forum...
Table 1. He's got my number but ignores me
Table 2. This speed dating lark isn't what they told me; I tell you it's fixed, table 3 gets all the calls
Table 3. Pizza please, no I ain't interested in anything else, make sure there are no yellow peppers
Table 4. Ring, Ring ... (intentional pause), Hello, my name is Ben Bernanke but sweety you can call me hanky
Table 5. You're in a room, 5 tables with phones on, what do want to do now? Press 1 for left, 2 for right or 3 to use your sword
up arrow for the lol
"Quick, somebody get a picture of this! I can hear all of you guys in my left ear but only one of you in my right ear!"
These swine should be "Fixed" without pain killers.
However, I do appreciate their keeping the sale on whilst i continue to accumulate
"We've shut them down. We let 'em sweat for a while, then...we give 'em helicopters."
"Right up the ass."
We have top men working on it now.
Who?
Top... men.
Not shown:
Regis Philbin: For $32,000 Antony...What will be the price of gold today?
Antony Jenkins: I'd like to phone a friend, Rege...
China target 137.
Bart's on his way - does any one need coffee or dry cleaning picked up.