{"id":123571,"date":"2022-07-10T11:14:14","date_gmt":"2022-07-10T15:14:14","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=123571"},"modified":"2022-07-14T17:44:57","modified_gmt":"2022-07-14T21:44:57","slug":"massive-international-gold-rigging-crime-syndicate-exposed-by-long-time-insider","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=123571","title":{"rendered":"

Global Gold-Rigging Crime Syndicate Exposed By Long-time Insider<\/span><\/b><\/h1>"},"content":{"rendered":"

<\/p>\n

\n

Insider’s Testimony About Gold Price
\nManipulation Proves to be Scathing Indictment of International Banksters<\/strong><\/h1>\n
\n

State of the Nation<\/a><\/p>\n

Every once in a great while, the most radioactive and highly consequential truth breaks out into the open by way of a highly privileged insider going rogue and forever leaving the reservation of political correctness.<\/h2>\n

In this particular case, the truth teller — Peter Charles Percival Hambro<\/strong> — is the courageous channel for highly sensitive insider information and financial intelligence about the multi-decade gold-rigging criminal conspiracy perpetrated by the London-based members of the Gold Bullion Cartel and Swiss headquarters of the Central Banking Cartel.<\/h3>\n

To the essential point: there has been an ongoing, worldwide and quite transparent criminal conspiracy to both manipulate and fix the gold price for several decades now.<\/strong><\/p>\n

The two primary criminal and institutional co-conspirators include the Bank of International Settlements (BIS) located in Basel, Switzerland AND the covert cartel of gold bullion firms domiciled in the City of London represented by the London Bullion Market Association.<\/p>\n

Because the actual gold price has always reflected the true state of the Global Economic & Financial System, the “Financial Masters of the Universe” knew that they had to exert complete command and control over the publicly proclaimed price at every moment lest the lid be blown off the entire Global Gambling Casino<\/em> also known as the stock market.<\/p>\n

Toward that end, the London gold bullion traders, especially the London Bullion Market Association, colluded with the Swiss-based BIS banksters to precisely fix the price of gold whenever necessary.<\/p>\n

The main financial instrument by which this gold-rigging operation was conducted is known a derivative, which are traded within the global derivative market.\u00a0 To correctly understand how the wily banksters have consistently gotten away with this international crime spree, the following expos\u00e9 which was made possible by Peter Hambro says it all.<\/p>\n

State of the Nation<\/a>
\nJuly 10, 2022<\/p>\n

\n

Peter Hambro: BIS, Central Banks
\nAre Rigging Gold Market Using
\nBullion Banks’ Paper Gold<\/strong><\/h1>\n

by Ronan Manly
\nBullionStar.com<\/p>\n

\n
\n

“Gold to central bankers is
\nlike the sun to vampires.”<\/em><\/strong><\/h3>\n
\n<\/blockquote>\n

This week an intriguing and eye-opening article by the well-known Peter Hambro was published by British economics and politics news site Reaction.<\/p>\n

The article, which is titled \u201cDon\u2019t forget the golden rule: whoever has the gold makes the rules<\/a>\u201d is intriguing and eye-opening for a number of reasons, chiefly because it pulls no punches in highlighting the price manipulation of the gold price and naming the types of entities responsible, while explaining some of the mechanisms used in the fractional-reserve London paper gold game.<\/p>\n

Mocatta & Goldsmid<\/strong><\/p>\n

But the article is also notable in terms of who the author is. For those who don\u2019t know him, Peter Hambro is a very well-respected name in the gold space, having co-founded and been chairman of FTSE-listed Anglo-Russian gold mining company Peter Hambro Mining (now known as\u00a0Petropavlovsk<\/a>). He was also, from 1983 to 1990, deputy managing director of legendary London bullion broker Mocatta & Goldsmid. Additionally, Peter Hambro\u2019s father,\u00a0Everard Bingham Hambro<\/a>, was also at one time a director of Samuel Montagu, another of the legendary London bullion broker cartel firms.<\/p>\n

On top of being an insider bullion banker, Peter Hambro is also great great grandson of Baron Carl Joachim Hambro, the founder of the famous English investment bank Hambros. In fact, Mocatta & Goldsmid even merged with Hambros bank in 1957 such are their connections. In the 1980s, Mocatta & Goldsmid was also the largest gold and silver counterparty to the Soviet Union, a fact which helped Hambro establish Peter Hambro Mining in 1994 (now known as Petropavlovsk).done<\/p>\n

\"\"
Peter Hambro showing off real physical gold – not the paper stuff<\/strong><\/em><\/figcaption><\/figure>\n

So when Peter Hambro writes about gold price manipulation, it is not just anyone writing about gold price manipulation, this is a man from one of the British banking dynasties who has been privy during his entire career to the inner workings of the workings of the London bullion banking establishment, and who has the operational knowledge of running a London Stock Exchange listed gold mining company that extracts real physical gold, gold that has no counterparty risk and is no one else’s liability.<\/p>\n

For those who aren\u2019t familiar with the news and podcast site Reaction, Reaction is a serious London based publication run by\u00a0heavy weight board of journalists and media executives<\/a>\u00a0which specialises in analysis and commentary on current affairs, politics, culture and economics.<\/p>\n

The trigger for Peter Hambro\u2019s article is a recent chart from the US Office of the Comptroller of the Currency (OCC), which due to a data reclassification starting in Q1 2022, now shows the massive extent to which bullion banks such as JP Morgan have amassed precious metals derivatives contracts to hold down the gold price (an excellent summary of this chart is\u00a0here<\/a>).<\/p>\n

\"\"
Notional amounts of precious metals derivatives at US Commercial Banks through 31 March, 2022<\/strong><\/em><\/figcaption><\/figure>\n

Unallocated Gold – The Lid on the Tinder Box<\/strong><\/p>\n

Hambro describes this manipulation of the gold price using derivatives as a \u2018tinder-box<\/em>\u2019, which \u2018disinformation\u00a0<\/em>[has]\u00a0for many years kept the lid on<\/em>\u201d. But who, you might ask, is directing this disinformation and this gold price manipulation?<\/p>\n

According to Hambro\u2019s bombshell, its the\u00a0Bank for International Settlements (BIS)<\/a>\u00a0in Switzerland, i.e. the central banks\u2019 central bank. Hambro drops the bombshell that:<\/p>\n

\u201dsince 2018<\/strong>\u00a0the\u00a0Financial Stability Desks<\/strong>\u00a0at the\u00a0world\u2019s central banks<\/strong>\u00a0have followed the\u00a0Bank for International Settlements\u2019 (BIS)<\/strong>\u00a0instruction to hide the perception of inflation\u00a0by rigging the gold market.<\/strong>\u201d<\/em><\/p><\/blockquote>\n

But since the central banks \u2018need cover<\/em>\u2019 and \u2018cannot be seen<\/em>\u2019 to be rigging the gold price, Hambro continues:<\/p>\n

\u201cThe only way to achieve the cover is by smashing the price of physical gold by the alchemical production of\u00a0\u2018paper gold\u2019<\/u><\/strong>.\u201d<\/em><\/p><\/blockquote>\n

If this has now got your attention, read on, since Hambro elaborates:<\/p>\n

\u201cWith\u00a0the help of\u00a0the futures markets<\/strong><\/u>\u00a0and\u00a0the connivance of the Alchemists,<\/u>\u00a0the bullion traders<\/strong><\/u>\u00a0\u2013 yes, that includes me, I was Deputy Managing Director of Mocatta & Goldsmid \u2013 managed to create\u00a0an unshakeable perception that\u00a0ounces of gold credited to an account with a bank or bullion dealer were the same as the real thi<\/strong><\/u>n<\/strong>g<\/strong>. \u201cAnd much easier, old chap! You don\u2019t have to store or insure it\u201d.<\/em><\/p><\/blockquote>\n

The gold credit which Hambro is referring to here is the LBMA’s infamous \u2018unallocated gold\u2019, with \u2018the futures markets\u2019 being the COMEX. You might at this stage even think that Hambro has been reading the BullionStar website, since we have for years, been explaining the very same thing. For example, see\u00a0here<\/a>\u00a0and\u00a0here<\/a>.<\/p>\n