GLD Is Being Looted To Help Banks Manipulate The Price Of Gold

http://investmentresearchdynamics.com/gld-is-being-looted-to-help-banks-manipulate-the-price-of-gold/

But over the next 17 trading days 36 tonnes of gold was removed from the GLD Trust. Most of the gold – 29 tonnes – was removed in the last 9 trading days to facilitate manipulating the price back below 200 day moving average (red line in the graph above).
There’s unquestionably something wrong behind the “curtain.”  With the increasing meltdown in various areas of the global financial system (energy, commodities, high yield debt, leveraged loan portfolios, biotech stock, Glencore/Lonmin, emerging market currencies, etc) the OTC derivatives market must be littered with train wrecks.
At a time when the price of gold should be soaring to reflect the increasing financial, economic and political turmoil brewing, the western Central Banks/banks are relentlessly manipulating the price.  Without a doubt they have had to resort to raiding GLD in order to make the deliveries referenced at the top by James Turk.
Now we have to endure another round of the “we’re going to raise rates this time, we promise” game.  How many times can the Fed get away with hammering Wall Street’s calcified brain trust and the financial media over the head with this farce?

Long time follower of Colorado Dave, but the King World News I can live without.