from RoadtoRoota:
TRUTH LIVES on at https://sgtreport.tv/
Bullion Bank TAS Abuse Continues
by Craig Hemke, Sprott Money:
If you’re a regular reader of these columns, you may recall we first alerted you to this new price manipulation tool last year. You’re also likely to find it unsurprising that the bullion banks continue to abuse the “Trade At Settlement” system in 2023.
I suppose we could begin this post with links to all the articles we wrote on this subject in early 2022. However, that might be overkill. Instead, here’s a link to the final instalment, published by Sprott Money on May 17, 2022. If you have the time, please read that article. It describes for you what Trade At Settlement is, what types of trades are most likely placed using it, and why the bullion banks would seize upon this arcane procedure in order to propagate their ongoing price management schemes.
TROUBLE IN PAKISTAN AS OPPOSITION LEADER KHAN ARRESTED AND THAT COULD LEAD TO CIVIL WAR IN THAT COUNTRY
by Harvey Organ, Harvey Organ Blog:
ALL PRECIOUS METALS HAVE A GREAT DAY TODAY: GOLD CLOSED UP $9.70 TO $2035.50, SILVER WAS UP 7 CENTS TO $25.64 AFTER BEING DOWN ALL DAY//PLATINUM WAS UP $29.00 TO $1108.25//PALLADIUM WAS UP $14.70 TO $1570.20//COVID UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT//SLAY NEWS//VACCINE DEATHS AMONG YOUNG CHILDREN//DEBT CEILING MEETING IS TODAY BETWEEN BIDEN AND MCCARTHY//CRE CONTAGION SPREADS TO SWEDEN WITH ITS LARGEST REAL ESTATE CONGLOMERATE SHREDDED TO PIECES AS ITS BONDS GO TO JUNK AND ITS DIVIDEND SUSPENDED//BIDEN AGAIN DELAYS FILLING UP HIS SPR//TROUBLE IN PAKISTAN AS OPPOSITION LEADER KHAN ARRESTED AND THAT COULD LEAD TO CIVIL WAR IN THAT COUNTRY
Central Bank Gold Buying Sets First Quarter Record
by Peter Schiff, Schiff Gold:
After a record-setting 2022, central banks continued to buy gold in the first quarter of 2023, setting a new Q1 record.
Overall, global central bank gold reserves increased by 228 tons through the first three months of 2023. This was 38% higher than the previous first-quarter record set in 2013.
Total central bank gold buying in 2022Â came in at 1,136 tons. It was the highest level of net purchases on record dating back to 1950, including since the suspension of dollar convertibility into gold in 1971. It was the 13th straight year of net central bank gold purchases.
UKRAINE VS RUSSIA: THE CRAZY UKRANIANS ARE FIRING ON THEIR NUCLEAR FACILITY
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $8.70 TO $2025.60 AS INVESTORS DEMAND PHYSICAL DELIVERY FROM THE MASSIVE SHORTS ON FRIDAY//SILVER WAS DOWN 7 CENTS TO $25.57//PLATINUM CLOSED UP $17.10 TO $1079.30//PALLADIUM CLOSED UP $51.10 TO $1555.50//ANDREW MAGUIRE: A MUST VIEW TAPE//ALSO DR DANIEL LACALLE: A MUST READ!//UKRAINE VS RUSSIA: THE CRAZY UKRANIANS ARE FIRING ON THEIR NUCLEAR FACILITY//COVID UPDATES//DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS/EVOLE NEWS//IN USA: HUGE RUN ON THE BANKS WITH 360 BILLION DOLLARS LEAVING BANK DEPOSITS FOR MONEY MARKETS//CREDIT CARD USE INCREASE AGAIN IN DRAMATIC FASHION AS MANY AS MAXED OUT//CALIFORNIA DEFAULTS ON PANDEMIC FUNDS ISSUED BY THE FEDS//TYSON FOODS, LARGEST FOOD PRODUCER IN THE USA SHOWS A LOSS IN LASTEST QUARTER/
Central Bank Gold Buying Off To A Record-Breaking Start In 2023, Led By Singapore
from ZeroHedge:
It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023 when according to the latest report from the World Gold Council, demand for the hard currency by the world’s money-printing authorities reached 228 tonnes in Q1, a 176% increase compared to the 82.7 tonnes one year ago. While lower than the figures seen in the previous two quarters this was nonetheless the strongest first quarter on record. According to the WGC, “this is all the more impressive considering it follows the record-breaking pace of demand last year.”
Six Consecutive Withdrawals From SLV
by Ed Steer, Silver Seek:
The gold price wandered quietly sideways until around 12:30 p.m. China Standard Time in GLOBEX trading on their Friday afternoon — and from there it was sold quietly lower until the the commercial traders of whatever stripe pulled their bids when the jobs report was released at 8:30 a.m. in New York. Its low tick was set at, or minutes after, the 10 a.m. EDT afternoon gold fix in London — and its ensuing rally ran into ‘something’ around 12:45 p.m. It then traded quietly sideways to a bit higher until the market closed at 5:00 p.m. EDT.
