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Caption Contest: If Gold Is Broken, They "Fix" It

Tyler Durden's picture





 

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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Mon, 12/09/2013 - 16:34 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

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.

Mon, 12/09/2013 - 16:38 | Link to Comment smlbizman
smlbizman's picture

than buy buy buy....than sell sell sell...r.i.p. rodney..

Mon, 12/09/2013 - 16:47 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Caption contest:

Much has been written recently about the rigged New York "POMO" process, during which, as even Bloomberg recently covered, the price of US Government Debt is blatantly manipulated. One thing was, however, missing: a photo of POMO in practice. Today, courtesy of the NY Fed, we show just what said "POMO" looks like in real life every single day.

Mon, 12/09/2013 - 16:47 | Link to Comment giggler321
giggler321's picture

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.

Mon, 12/09/2013 - 16:56 | Link to Comment kito
kito's picture

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. 

Mon, 12/09/2013 - 17:03 | Link to Comment john39
john39's picture

intentional fraud is a different thing altogether than negligence and stupidity.

Mon, 12/09/2013 - 17:12 | Link to Comment kito
kito's picture

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.

Mon, 12/09/2013 - 17:20 | Link to Comment john39
john39's picture

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.

Mon, 12/09/2013 - 17:26 | Link to Comment Pladizow
Pladizow's picture

"So how much fiat you guys wanna skim today?"

Mon, 12/09/2013 - 17:28 | Link to Comment Al Huxley
Al Huxley's picture

"As much as we can get away with, same as always".

Mon, 12/09/2013 - 17:40 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

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.

Mon, 12/09/2013 - 18:25 | Link to Comment Tegrat
Tegrat's picture

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.

 

 

Mon, 12/09/2013 - 19:56 | Link to Comment The Alarmist
The Alarmist's picture

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.

 

Mon, 12/09/2013 - 20:12 | Link to Comment I am more equal...
I am more equal than others's picture

 

 

Duck........Duck.......Duck....Golden Goose.

Slaugher that bitch.

Mon, 12/09/2013 - 21:46 | Link to Comment Colonel Klink
Colonel Klink's picture

Wazzup?  WazzUP?  Wazzuupppp!

NOT GOLD!!!

http://www.youtube.com/watch?v=NsJLhRGPv-M

Mon, 12/09/2013 - 22:17 | Link to Comment markmotive
markmotive's picture

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

Tue, 12/10/2013 - 02:05 | Link to Comment Manthong
Manthong's picture

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?”

Tue, 12/10/2013 - 02:55 | Link to Comment Pinto Currency
Pinto Currency's picture

 

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.

 

Tue, 12/10/2013 - 03:06 | Link to Comment Manthong
Manthong's picture

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.

Tue, 12/10/2013 - 03:25 | Link to Comment Pinto Currency
Pinto Currency's picture

 

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.

Mon, 12/09/2013 - 18:41 | Link to Comment rabbitusvomitus
rabbitusvomitus's picture

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?  

Mon, 12/09/2013 - 20:04 | Link to Comment nmewn
nmewn's picture

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.

Mon, 12/09/2013 - 21:53 | Link to Comment wintermute
wintermute's picture

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

Mon, 12/09/2013 - 22:59 | Link to Comment nmewn
nmewn's picture

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 ;-) 

Tue, 12/10/2013 - 02:11 | Link to Comment Manthong
Manthong's picture

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. 

Tue, 12/10/2013 - 00:57 | Link to Comment NickVegas
NickVegas's picture

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.

Mon, 12/09/2013 - 18:58 | Link to Comment zerozulu
zerozulu's picture

No wealth of the universe can satisfy their greed. I call them genetically flawed race.

Mon, 12/09/2013 - 19:04 | Link to Comment Idisq
Idisq's picture

I hope you used amagimetals.com. They are on the up and up.

Mon, 12/09/2013 - 19:09 | Link to Comment DaveyJones
DaveyJones's picture

"Yes, maintenance, this is Edward. How come my frame has no picture?, Oh, I see, that's the door"

Mon, 12/09/2013 - 23:18 | Link to Comment buchesky
buchesky's picture

Attention to detail.  This caption wins hands down...

Mon, 12/09/2013 - 17:32 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

"Gentlemen, how much capital shall we misallocate today?"

Mon, 12/09/2013 - 23:18 | Link to Comment disabledvet
disabledvet's picture

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...

Mon, 12/09/2013 - 17:36 | Link to Comment SafelyGraze
SafelyGraze's picture

this Zerohedgearticleauthor in Photocaption big Mistake has maken!

not give it Geldprice fixgetting, but the Highpriceprostituten for the Fridaynight are they detailoutworking.

huggen,
angelamerkeln 

Mon, 12/09/2013 - 17:39 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

I heard Jar Jar Binks when I read that.

Mon, 12/09/2013 - 17:48 | Link to Comment akak
akak's picture

Meesa thinkin you be on the nose hittin it betcha betcha!

Mon, 12/09/2013 - 18:28 | Link to Comment kaiserhoff
kaiserhoff's picture

whorepricenmitwhoppiemachen?

Mon, 12/09/2013 - 17:12 | Link to Comment Crash N. Burn
Crash N. Burn's picture

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 Corruption

 

 Psychopaths are many things, stupid usually isn't one of them.

Mon, 12/09/2013 - 19:56 | Link to Comment Sovereign Economist
Sovereign Economist's picture

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.

Mon, 12/09/2013 - 23:12 | Link to Comment ZH Snob
ZH Snob's picture

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.

 

 

Mon, 12/09/2013 - 16:59 | Link to Comment Ignatius
Ignatius's picture

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.

Mon, 12/09/2013 - 17:09 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

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".

Mon, 12/09/2013 - 19:40 | Link to Comment Itch
Itch's picture

one can never be too sure.

Mon, 12/09/2013 - 16:47 | Link to Comment krispkritter
krispkritter's picture

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...

Mon, 12/09/2013 - 16:53 | Link to Comment F-Tipp
F-Tipp's picture

Get back in there and SELL!!!

Mon, 12/09/2013 - 16:55 | Link to Comment Jumbotron
Jumbotron's picture

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.

Mon, 12/09/2013 - 17:16 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

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.

Mon, 12/09/2013 - 17:18 | Link to Comment MachoMan
MachoMan's picture

The view only changes for the lead mule...

Tue, 12/10/2013 - 02:41 | Link to Comment Svendblaaskaeg
Svendblaaskaeg's picture

So it´s just piss?? - yikes! (spitting) I thought its was urine..

Mon, 12/09/2013 - 21:08 | Link to Comment Lordflin
Lordflin's picture

This is exactly the way I pictured it...

Tue, 12/10/2013 - 00:27 | Link to Comment MollyHacker
MollyHacker's picture

With a name like Lordflin: you probibly have an uncle on the phone in the picture.

Mon, 12/09/2013 - 16:40 | Link to Comment negative rates
negative rates's picture

Okay, it's all fixed, lets move on to the next problem.

Mon, 12/09/2013 - 16:39 | Link to Comment BaBaBouy
BaBaBouy's picture

All Right Ole Chaps Time To Decide, Heads Or Tails ???

Mon, 12/09/2013 - 16:40 | Link to Comment Mad Mohel
Mad Mohel's picture

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.

Mon, 12/09/2013 - 16:42 | Link to Comment Canadian Dirtlump
Canadian Dirtlump's picture

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!

Mon, 12/09/2013 - 16:46 | Link to Comment Skateboarder
Skateboarder's picture

Why does no one look in the eyes in anymore!

Mon, 12/09/2013 - 16:57 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

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.

Mon, 12/09/2013 - 17:19 | Link to Comment Meat Hammer
Meat Hammer's picture

Yeah, but there's a fine line between eye contact and stealing someone's soul.  

Mon, 12/09/2013 - 20:28 | Link to Comment ebworthen
ebworthen's picture

You must know my ex. Wife.

Mon, 12/09/2013 - 17:30 | Link to Comment DaddyO
DaddyO's picture

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

Mon, 12/09/2013 - 19:02 | Link to Comment DaveyJones
DaveyJones's picture

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?

Mon, 12/09/2013 - 21:00 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

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. ;))

Mon, 12/09/2013 - 20:50 | Link to Comment malek
malek's picture

+1
Smile with the eyes - many folks never figured that one!

Mon, 12/09/2013 - 21:14 | Link to Comment infinity8
infinity8's picture

Sheep hate eye contact. The truth is in the eyes.

Tue, 12/10/2013 - 03:26 | Link to Comment YHC-FTSE
YHC-FTSE's picture

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. 

Tue, 12/10/2013 - 07:45 | Link to Comment bozzy
bozzy's picture

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.

Mon, 12/09/2013 - 17:39 | Link to Comment akak
akak's picture

 

Why does no one look in the eyes in anymore!

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.

Mon, 12/09/2013 - 20:28 | Link to Comment silverserfer
silverserfer's picture

most have never seen a real live scurrvy pirate before.

Mon, 12/09/2013 - 22:18 | Link to Comment akak
akak's picture

I never stopped to consider that it might have anything to do with the parrot on my shoulder and the cutlass at my side.

Mon, 12/09/2013 - 20:35 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

Ditto.

Mon, 12/09/2013 - 17:07 | Link to Comment Canadian Dirtlump
Canadian Dirtlump's picture

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.

Mon, 12/09/2013 - 16:44 | Link to Comment piceridu
piceridu's picture

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.

Mon, 12/09/2013 - 17:17 | Link to Comment Anasteus
Anasteus's picture

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?

Mon, 12/09/2013 - 16:54 | Link to Comment Jumbotron
Jumbotron's picture

On the count of three......unzip and CIRCLE JERK LIKE MAD !!!!

Tue, 12/10/2013 - 07:19 | Link to Comment bozzy
bozzy's picture

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.

Mon, 12/09/2013 - 16:37 | Link to Comment Mercury
Mercury's picture


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.

 

 

Mon, 12/09/2013 - 16:36 | Link to Comment fonzannoon
fonzannoon's picture

"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!"

Mon, 12/09/2013 - 16:42 | Link to Comment frankTHE COIN
frankTHE COIN's picture

A bowl of gruel with all the Fix 'ns.

Mon, 12/09/2013 - 17:24 | Link to Comment Meat Hammer
Meat Hammer's picture

I miss LongSoupLine.  I guess the F, U, C, and K keys on his laptop couldn't withstand the abuse.

Mon, 12/09/2013 - 18:03 | Link to Comment Blano
Blano's picture

Is that your morning gold fix, or are you just happy to see me??

Mon, 12/09/2013 - 18:03 | Link to Comment Cacete de Ouro
Cacete de Ouro's picture

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!

Mon, 12/09/2013 - 21:14 | Link to Comment infinity8
infinity8's picture

Winner! :D

Mon, 12/09/2013 - 16:35 | Link to Comment firstdivision
firstdivision's picture

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?

Mon, 12/09/2013 - 16:36 | Link to Comment maskone909
maskone909's picture

billions in revenues and still rockin LAN lines, no computers.

Mon, 12/09/2013 - 16:58 | Link to Comment quasimodo
quasimodo's picture

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"

Mon, 12/09/2013 - 16:35 | Link to Comment nwowatcher911
nwowatcher911's picture

" We wait until the 3rd Thursday... Then we shake the Shorts!! "

Mon, 12/09/2013 - 16:37 | Link to Comment Jack Sheet
Jack Sheet's picture

Show me your derivative and I'll show you my naked shorts.

Mon, 12/09/2013 - 16:38 | Link to Comment Agent P
Agent P's picture

"The good part, William, is that no matter whether our clients make money or lose money, Duke & Duke get the commissions." 

Mon, 12/09/2013 - 16:38 | Link to Comment AmericasCicero
AmericasCicero's picture

That table has a suspicious lack of cocaine.  I don't know that I trust this photo.

Mon, 12/09/2013 - 17:25 | Link to Comment Meat Hammer
Meat Hammer's picture

It's on a ladyboy's ass, stage left.

Mon, 12/09/2013 - 16:38 | Link to Comment Sudden Debt
Sudden Debt's picture

my god... who wants to do that all day?

Mon, 12/09/2013 - 16:38 | Link to Comment Rubbish
Rubbish's picture

"I feel like the windshield"

Mon, 12/09/2013 - 16:39 | Link to Comment GMacTrader
GMacTrader's picture

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.

Mon, 12/09/2013 - 16:46 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

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>

Mon, 12/09/2013 - 16:42 | Link to Comment DrunkenPleb
DrunkenPleb's picture

No, no, NO! Everybody stop at once... this sketch has gotten entirely too silly. Go on, get out, move it along!

Mon, 12/09/2013 - 16:43 | Link to Comment russwinter
russwinter's picture

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

 

Mon, 12/09/2013 - 16:56 | Link to Comment fonzannoon
fonzannoon's picture

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.

Mon, 12/09/2013 - 17:37 | Link to Comment Al Huxley
Al Huxley's picture

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'.

Mon, 12/09/2013 - 18:27 | Link to Comment fonzannoon
fonzannoon's picture

Thanks Al!

Mon, 12/09/2013 - 20:34 | Link to Comment ebworthen
ebworthen's picture

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.

Mon, 12/09/2013 - 21:04 | Link to Comment Al Huxley
Al Huxley's picture

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.

Mon, 12/09/2013 - 17:17 | Link to Comment greatbeard
greatbeard's picture

>> 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?

Mon, 12/09/2013 - 18:11 | Link to Comment A82EBA
A82EBA's picture

got some Ag 5oz today from apmex, hopefully we'll never see $19 silver again. It is time!

Mon, 12/09/2013 - 17:09 | Link to Comment akak
akak's picture

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?"

Mon, 12/09/2013 - 16:46 | Link to Comment Agent P
Agent P's picture

"Wow, this is a really great connection...it almost sounds as if you're in the room with me."

Mon, 12/09/2013 - 16:47 | Link to Comment Yen Cross
Yen Cross's picture

    I always wondered what the gold trading desk at BIS looked like during the LONDON FIX...

Mon, 12/09/2013 - 16:47 | Link to Comment Nico Bellik
Nico Bellik's picture

yes I have already place the orders - now lets set the price dammit

Mon, 12/09/2013 - 16:48 | Link to Comment muleskinner
muleskinner's picture

If you like your gold, you can keep your gold.

Mon, 12/09/2013 - 16:48 | Link to Comment ebworthen
ebworthen's picture

"Are the phones really necessary?  We are in the same room."

Mon, 12/09/2013 - 16:51 | Link to Comment akak
akak's picture

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.

Mon, 12/09/2013 - 18:41 | Link to Comment Antifederalist
Antifederalist's picture

Yes, yes, yes,  I know what you want, but we cannot fuck your clients until we finish fucking my clients.  Capiche?

Mon, 12/09/2013 - 16:52 | Link to Comment F-Tipp
F-Tipp's picture

"Get me somebody. Anybody. And get me somebody while I'm waiting."

Mon, 12/09/2013 - 16:54 | Link to Comment cooperbry
cooperbry's picture

Hey, how'd everyone get Lola on the line all at once ?

Mon, 12/09/2013 - 16:53 | Link to Comment Sweeney
Sweeney's picture

I assume that portrait of Andrew Jackson is there for pure irony...

Mon, 12/09/2013 - 16:58 | Link to Comment akak
akak's picture

The "den of vipers" think they have had the last laugh ...

Mon, 12/09/2013 - 17:38 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

In my wildest dreams, I never imagined it as actually a (wood paneled) den.

Mon, 12/09/2013 - 17:41 | Link to Comment Catullus
Catullus's picture

It's actually Count Chocula.

Mon, 12/09/2013 - 16:57 | Link to Comment Randoom Thought
Randoom Thought's picture

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.

Mon, 12/09/2013 - 19:05 | Link to Comment zerozulu
zerozulu's picture

When time comes, street will fix the price and supply and demand will rule.

Mon, 12/09/2013 - 17:00 | Link to Comment alangreedspank
alangreedspank's picture

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.

Mon, 12/09/2013 - 17:03 | Link to Comment W74
W74's picture

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.

Mon, 12/09/2013 - 17:25 | Link to Comment alangreedspank
alangreedspank's picture

Eventually, the Chicom will tell the US Treasury "Diaoyu some money?"

Mon, 12/09/2013 - 17:50 | Link to Comment Winston Churchill
Winston Churchill's picture

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.

Mon, 12/09/2013 - 16:59 | Link to Comment W74
W74's picture

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.

Mon, 12/09/2013 - 17:08 | Link to Comment El Hosel
El Hosel's picture

 The Royal Goldenbaums

 

 

Mon, 12/09/2013 - 17:03 | Link to Comment Yen Cross
Yen Cross's picture

    They all have to face eachother to make sure no one gets stabbed in the back...

Mon, 12/09/2013 - 17:02 | Link to Comment ziggy59
ziggy59's picture

Scotty...cordinates for Photon torpedoes...now!

Mon, 12/09/2013 - 17:06 | Link to Comment OneTinSoldier66
OneTinSoldier66's picture

Hey look, we all live in a Golden Submarine!

Mon, 12/09/2013 - 17:43 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

"And our friends are All Aboard"...  And the Band begins to play....

Mon, 12/09/2013 - 17:05 | Link to Comment ILikeBoats
ILikeBoats's picture

Can anyone recognize who is depicted in the paintings on the walls?  Pretty sure one of them is a Rothschild, yes?

Mon, 12/09/2013 - 20:50 | Link to Comment ebworthen
ebworthen's picture

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

Mon, 12/09/2013 - 17:09 | Link to Comment The Heart
The Heart's picture

And if you don't like the fix, this is what will happen to you.:

http://www.youtube.com/watch?v=wNnwc1RByzo

 

Mon, 12/09/2013 - 17:54 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

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

Mon, 12/09/2013 - 17:09 | Link to Comment Disenchanted
Disenchanted's picture

"Would you have any poop on gold?"

[for the younger set, recalling the "Would you have any Grey Poupon" bit]

Mon, 12/09/2013 - 17:16 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

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

Mon, 12/09/2013 - 17:17 | Link to Comment Meat Hammer
Meat Hammer's picture

The usual wager, Randolph?

Yes, Mortimer.

Mon, 12/09/2013 - 17:20 | Link to Comment krispkritter
krispkritter's picture

OT but great rant: Former US Marine: President Obama should be tried for treason.  From RT

http://www.youtube.com/watch?v=1Fh3-5ErbD4

Mon, 12/09/2013 - 18:22 | Link to Comment DavidPierre
DavidPierre's picture

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.

Mon, 12/09/2013 - 17:24 | Link to Comment Quinvarius
Quinvarius's picture

"I told you wood paneling makes any room into great executive office space--Even old empty vaults."

Mon, 12/09/2013 - 17:25 | Link to Comment darteaus
darteaus's picture

"I've got it: the professor in the library with the candlestick!"

Mon, 12/09/2013 - 17:27 | Link to Comment giggler321
giggler321's picture

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

Mon, 12/09/2013 - 22:50 | Link to Comment lex parsimoniae
lex parsimoniae's picture

up arrow for the lol

Mon, 12/09/2013 - 17:29 | Link to Comment Meat Hammer
Meat Hammer's picture

"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!"

Mon, 12/09/2013 - 17:30 | Link to Comment Whalley World
Whalley World's picture

These swine should be "Fixed" without pain killers.

 

However, I do appreciate their keeping the sale on whilst i continue to accumulate

Mon, 12/09/2013 - 17:30 | Link to Comment Rompoculos
Rompoculos's picture

"We've shut them down. We let 'em sweat for a while, then...we give 'em helicopters."

"Right up the ass."

Mon, 12/09/2013 - 17:36 | Link to Comment LawyerScum
LawyerScum's picture

We have top men working on it now.

Who?

Top... men.

Mon, 12/09/2013 - 17:39 | Link to Comment Bohm Squad
Bohm Squad's picture

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...

Mon, 12/09/2013 - 17:40 | Link to Comment q99x2
q99x2's picture

China target 137.

Mon, 12/09/2013 - 17:47 | Link to Comment fukidontknow
fukidontknow's picture

Bart's on his way - does any one need coffee or dry cleaning picked up.

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