Thank you, Jeff, for the commentary entitled "Central Bank Gold-Buying Increases by 500%". I found it very informative.

While reading, I couldn't help wonder why the increase in Central Bank buying. I understand most would expect that the central banks know their time is limited. Perhaps however they are purchasing this incredible amount of gold in order to “dump” it on the market to continue with their manipulation.

The bottom line is: by what means are they able to make the most "money"? Would it be by continuing their theft via fiat currency or by frightening the masses and destroying the gold/silver market “permanently”? This could potentially be achieved by flooding the markets, at a future date, with this incredible amount of gold which they are presently accumulating.

Just a thought …

Debsyl, you have to keep in mind that the central banks who were dumping gold and the central banks now BUYING gold are different CB's.

Despite the fact they KNOW their own paper is worthless, Western CB's have NOT even attempted to buy back the gold they sold - since it would UNDO all of their previous efforts to suppress the gold price and INCREASE their losses on all the thousands of TONS which they foolishly dumped onto the market at rock-bottom prices.

IF the banksters were still in control of the gold market, gold would still be near $300/oz and silver would be somewhere around $5/oz.

The best they can do is to DELAY (for a short while longer) their own complete annihilation.

Thanks, Jeff, for the explanation

Just watched this video below from BMG in which the guy states that china and india's central banks bought up 1/5 of the gold supply last year.

Philipz, Nick Barisheff is another one of "the good guys", and BMG has a stellar reputation. In fact they work quite closely with our own sponsor, SilverGoldBull.

What he's saying is just the sort of nuts-and-bolts economics you here from me all of the time. Debts are totally unsustainable. Money-printing is the only way to DELAY debt-defaults. Therefore gold and silver prices must soar to incredible levels (before the whole paper Ponzi-scheme collapses).

Having played with gold and silver long enough to create a mountain of debt and a fountain of fiat, is it any wonder they would be scrambling to reacquire it.

I just came across this, and I'm having a difficult time figuring it out. In fact, I understand there are some blokes across the pond who are asking the same questions.
What exactly does this mean?
In English, please.

www.scribd.com/doc/80239611/Gold-Swap-Treaty-US-UK-1981

OK, what was the benefit of this? To double the amount of illusory gold and then multiply it again through re-leasing?
Certainly.
To control the price? Certainly.
Jeff, I know you've spoken of these swaps before. What's your thinking?

Bobbbny, unfortunately we lack the data to be able to say with any firm idea WHY the U.S. and UK governments would agree to swap a million or so ounces of gold BETWEEN themselves, simultaneously.

The one thing we CAN say for sure is that there could not be any legitimate purpose in such a transaction. At BEST, it might have been some innocuous "test run" for some more nefarious (and blatant) transactions which were to follow.

No, I don't think this particular agreement would relate to the leveraging (i.e. creation) of paper gold. An official agreement between governments is both too CUMBERSOME and too attention-grabbing to be an effective tool for something as routine as inventing more paper gold.

Transactions of this nature would more typically be shams to cover up either some sort of "laundering" activity OR to cover up some FRAUD - i.e. one side is swapping tungsten-filled bars for REAL bullion.

So given that all of this gold is being stored in New York, and given we have many reasons to believe that (back then) the U.S. had already exhausted its own gold reserves, this could have been a tiny fraud to steal a million or so ounces of UK gold and swap it with bogus American bars.