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July
15
2014

Gold Slumps Most In 2014 As "Someone" Dumps $1.37 Billion
In Futures At US Open
Tyler Durden

(Editor's Note: The Bear was, initially, intended to offer educational content and commentary to help our readers make economic decisions and protect their capital. When I started it, I was somewhat confused, but not mad. Over the years, as I have uncovered more and more lawlessness and corruption, I have, understandably, grown angry. As a result of my anger, the editorial tone of the web site has changed. I think I can sum it up by saying that the current editorial tone of the Bear has become fifty percent wake-up calls and fifty percent affirmation. I hope that I am successful at presenting our readership with information that they had not been privy to before. The gist of the news that I am currently uncovering is truly outrageous. The depth of deceit and corruption concerning our leaders and the banksters they serve presents an unconscionable situation which borders on unbelievably, but I am, by now, very use to most people refusing to believe the truth. The truth is out there and I have become obsessed with my quest to uncover it, everyday. Those that refuse to even consider these allegations are deluded and will provide little more than unprepared fodder when the Great Shearing shifts into high gear.

I mentioned affirmation. I think we all appreciate reading about things that we have already become aware of, that, as I mentioned before, most people refuse to believe. By continually being presented with articles that involve the same lurid subjects, but are approached by different free thinkers from different angles,we gain reinforcement of the facts which allows us to affirm our conclusions and our sanity. If you are like me, you are constantly challenged by those that don't know, or don't care, (or both) as to the validity of your observations.

The following report from Zero Hedge exhibits, in three charts, the irrefutable nature of criminal manipulation in the precious metals markets. The only way this criminal behavior will ever stop will depend on "We the People" stopping it. - JSB)

UPDATE: Gold is down 2.5% - the biggest daily drop since early Dec 2013

And this is how it happened... looks like fiduciary dutry just got F**ked...

That US open print was a $1.37 billion notional flush...

In a status-quo reinforcing smackdown, gold and silver prices have been clubbed lower this morning to one-month lows with the biggest drop in almost 2 months. The customary USDJPY surge (and risk asset spike) has accompanied this high volume dump just to make sure everyone believes that BES is fixed, Ukraine is fioxed, Iraq is fixed, earnings are great, and the water is warm....

Charts: Bloomberg


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