Use access key #2 to skip to page content.

XMFSinchiruna (26.54)

Collapse of the Fractional Gold System



April 18, 2013 – Comments (28)

When the chips are down, look to Jim Sinclair:


My Dear Extended Family,  


I suspect that what has just occurred is a near collapse of the fractional gold system. The keys are the many years to re-deliver gold to Germany from New York and AMRO's suspension of its gold program.


No one can deny that paper gold is being manipulated lower while physical gold is in high demand. Investors are not selling tonight but in the less liquid times the same perps are again using high volume offering scare tactics.


What is occurring tonight is the central planner's answer to the faltering fractional gold system. This will result in higher long term gold prices, not lower.


Like every can kick that has been executed, this is an attempt to camouflage the occurrence which would end the paper gold market. If you have no margin, you have no problem.





28 Comments – Post Your Own

#1) On April 18, 2013 at 11:03 AM, L0RDZ (90.74) wrote:

From what I hear  some people are sellng  physical gold  ~ interesting  note if  you  have actual  physical gold  your buy and  sell prices are  higher than  the  spot rate.

People are  selling  physical  gold,  some are  buying,   actual  physical  silver  is  scarce   ~   people have bought up most  of  the actual  physical  supplies...

Funny if  the  bankers  were forced  to ever cover  their  naked shorts  ~~~  cough cough  cough   JPM  ~~~  cough  cough ~~~~   they  could  not...  because  they could  not  obtain  enough  physical silver to  honestly  cover  their  activities. Lets  just say  they  have  some  much  naked shorts  on  precious  metals  ~  it should be  a  crime  punishable  by  something  getting  chopped off.

Its  good  when  you  can partner  with  world  governments to circumvent  rules   and  never get  in  trouble.


Report this comment
#2) On April 18, 2013 at 5:04 PM, MoneyWorksforMe (< 20) wrote:

It's good if you have no sense of morality. But I suppose, with a name like LORDZ you already knew that.

Life after death? For many, they should hope not.

Report this comment
#3) On April 18, 2013 at 8:14 PM, awallejr (35.73) wrote:

Well this is why I have been buying the real thing.  As they say in Missouri "show me."

Report this comment
#4) On April 18, 2013 at 8:21 PM, awallejr (35.73) wrote:

Oh and Lordz you might want to check out JM Bullion if you are wanting silver or gold but you will pay more than spot price.

Report this comment
#5) On April 18, 2013 at 9:13 PM, TheDumbMoney (67.21) wrote: 

Report this comment
#6) On April 18, 2013 at 9:15 PM, TheDumbMoney (67.21) wrote:

If I said I had an ounce of physical gold I'm willing to sell somebody for $1780 today -- 2011 prices, are there any takers here amongst Mr. Barker's readers?  If so, please email me.  I will then buy one so that I can sell it to you at a $300 profit.

Report this comment
#7) On April 18, 2013 at 9:16 PM, TheDumbMoney (67.21) wrote:


Report this comment
#8) On April 18, 2013 at 9:24 PM, awallejr (35.73) wrote:

Well if you want to sell me silver at $22 an ounce I will buy.

Report this comment
#9) On April 18, 2013 at 10:39 PM, outoffocus (22.87) wrote:

I thought apmex had the lowest premiums over spot.

Report this comment
#10) On April 18, 2013 at 10:58 PM, awallejr (35.73) wrote:

JM Bullion claims to beat any price, plus be mindful of sales tax and shipping.  Apmex charges sales tax in NY and OK.

Report this comment
#11) On April 18, 2013 at 10:59 PM, awallejr (35.73) wrote:

Well under $1,000 total order.

Report this comment
#12) On April 19, 2013 at 12:13 PM, Valyooo (33.72) wrote:

Yeah, physical gold is really in high demand compared to paper gold.   puh-leeeease, give me a break, theyre the same price, except that physical you have to pay a premium over spot, but thats always been the case, ALWAYS, its not a huge premium thats different from any other time.  Paper silver is in the 23-24 range.  Thats where physical silver is....physical silver isnt trading how high could the demand really be?  Sensationalism at its best

Report this comment
#13) On April 19, 2013 at 2:33 PM, L0RDZ (90.74) wrote:

From  what I  heard...  no one  is  really  turning  in  their silver  at  these  prices  among   those  who both  buy  and  sell  metals,  people are  cashing  in  their  gold,  but  as  to  these middle  men  having  silver,  silver  is   being  gobbled up or  not readily available as  its not really being  converted into  cash  as  gold is  at  these prices.

I've heard stories of  pseudo banking  entities  affliated with the likes of  such  disgusting  entities  IE  JPM  that  they have  so  much  naked  short  positions  to  suppress  the  price of  silver  that  if  they were  forced to obtain  the physical quantities of  the  naked short  amounts  it  would  make  things  rather interesting,  but they  will  never  be put  in  such a  situation,   its  kind of  like  having an  unlimited  evil  entity  being  able  to sell  a  company short without  ever  having  to borrow  or  obtain  any shares,  of  course  silver is  not  a  company  so  it can't  go bankrupt,  but  such  extreme naked  shorting of  silver by  such  big  boys  affiliated with  JPM and  world  banks  to  prop up their  fiats  and  basically  manipulate  the  world  markets.

Now  don't  get me wrong,  I  don't  ever really see silver spiking,  because  these guys are  too powerful,  it  won't be until  they decide  to reverse  course and  not  keep  metal prices  controlled.

Of  course thats just what some  bird told me  years back.

Maybe  JPM  and  the world banks  and bankers have  found religion and  no longer practice  evil and deceptive  deeds,  rolls eyes...  with  sarcasm   glares.,,


Report this comment
#14) On April 19, 2013 at 3:40 PM, ChrisGraley (28.49) wrote:

Honestly. if anyone wants to sell physical silver in the next couple of weeks let me know. I'll give you spot and arrange and pay for shipping.

Report this comment
#15) On April 19, 2013 at 3:43 PM, whereaminow (< 20) wrote:

Sales of physical gold coins surged this month, while futures were dumped.

This summer is going to be great.

David in Liberty

Report this comment
#16) On April 19, 2013 at 3:55 PM, Valyooo (33.72) wrote:

You can't dump futures. There is a seller for every buyer. Same with gold coins. Come on David you know this. And Chris, of course people will sell silver for spot....that's what spot price is. To say that physical is in strong demand while futures are not; would be to imply physical is worth more. So ill gladly sell you silver at $28 an ounce. Are you interested? 

Report this comment
#17) On April 19, 2013 at 4:12 PM, Valyooo (33.72) wrote:

Also can somebody please explain to me why they think a "naked short" is a real thing? If you want to short a futures contract there has to be a willing buyer ready to take the other side of that position. I don't think anybody who claims JPM has some massive naked short has any idea how the futures market works. Also not sure why JPM was chosen as the base of this random conspiracy theory. Naked = unhedged, that's all. Geeze, I'm a huge supporter of a gold backed currency, but get your facts straight instead of making up excuses for why you're down on your investmwnt

Report this comment
#18) On April 19, 2013 at 4:15 PM, L0RDZ (90.74) wrote:

Valy  why  would  anyone  pay  you  more than 20%   the  going  rate  on   silver ?    thats   a  little  too  rich...    I'm  not  sure what the mark  up is  on  physical silver   but  for   gold   one  place  I heard  of  pays  you  25 dollars  more  than  the spot  rate  and  sell  for  75 dollars  more  than  the spot  rate  or   was  it vice versa...   pays  you  75 more  than  the spot  rate  and  sells  for  25 more than  the spot ?   honestly  I'm all  the excitement  I'm not sure...

if  Clint Eastwood fired  5  or  6  shots ?   out of his revolver.


Report this comment
#19) On April 19, 2013 at 4:16 PM, whereaminow (< 20) wrote:


Didn't mean to imply that. Only pointing out that dichotomy in the current market. It will make for an interesting summer.

David in Liberty

Report this comment
#20) On April 19, 2013 at 4:19 PM, Valyooo (33.72) wrote:

Why would somebody pay me 20% more than spot, that's what you ask lordz. I don't know. I don't think anybody would. Hence why I think it's absurd to say that physical demand is still really hot and its only futures that are plummeting. If that were the case then physical  silver would still be worth a lot more money and you should pay me 20% over spot. 

Report this comment
#21) On April 19, 2013 at 4:37 PM, L0RDZ (90.74) wrote:

Yup  JPM  are a  bunch  of  saints, they've  never  ever done anything wrong... never  had  to  restate  their  financials,  they've never  said   the  whale  situation was  a  tempest in a  tea pot.

Also JPM  never  had  dealings  with  Bernie  Madoff...  rolls eyes...

Rivlin’s list of crimes and sins just from JPMorgan Chase: Rigging municipal bond auctions, bribing Jefferson County, Alabama, officials to do a bond deal that nearly destroyed the county, financed check cashers and payday lenders, directly and indirectly inflated the subprime housing bubble, screwed clients on Abacus-like CDO deals, overcharged mortgage bills to 10,000 military families, got tangled up with Bernie Madoff, etc.

And that’s just the last few years, folks.


Report this comment
#22) On April 19, 2013 at 4:56 PM, L0RDZ (90.74) wrote:

Report this comment
#23) On April 19, 2013 at 5:13 PM, Valyooo (33.72) wrote:

Did I ever say JPM never did anything wrong?  No, but that doesn't mean that they have a huge naked short on silver.  JPM tends to do corrupt things that HELP them make money, not shorting silver since it was dirt cheap.


Thats like you saying that hitler used to have orgies with squirrels and then after he was done having sex with them he lit them on fire and screamed "I LOVE LAMPOOOOONS!" and then proceeded to urinate on 17 little girls, and then me saying I don't think he did that, and then you saying "hmmmm yeah Hitler isnt a bad guy, he didnt lead the holocaust or anything" 

Report this comment
#24) On April 19, 2013 at 6:04 PM, awallejr (35.73) wrote:

Uh-oh Godwin's Rule invoked.

Report this comment
#25) On April 19, 2013 at 6:37 PM, Valyooo (33.72) wrote:


You're the only bernanke supporter in this thread, I'm surprised they haven't started calling you names yet. 

Report this comment
#26) On April 19, 2013 at 6:50 PM, awallejr (35.73) wrote:

Eh they did plenty years ago.

Report this comment
#27) On April 20, 2013 at 6:01 PM, Starfirenv (< 20) wrote:

"When the chips are down look to Jim Sinclair"-

So,  Sinchi, you agree with his call of $50,000 Gold? 

You are missed.  Thx for all,  Best from The Silver State

Report this comment
#28) On July 02, 2013 at 2:09 PM, Horiemon (< 20) wrote:

Hey guys,

For those of you who are following Alexandria, there's a community at who have been discussing the updates (typically I  hear from them prior to news releases on Alexandria's website that something new has happened), including questions sent on to management.  Previously I came here for AZX related news, but since Sinch's blog has stopped moving I thought I'd try to expand the communication about AZX. 

Let me know if you know about any other communities I should know about re: alexandria

Report this comment

Featured Broker Partners