In this tremendous article, James McShirley exposes a small but extremely significant portion of the ongoing metals price manipulation scheme. It is reprinted here with the expressed permission of Bill Murphy at This article was originally published back in late August and it’s likely that some of you have already seen it. Regardless, the information and data provided by Mr. McShirley is so compelling that I wanted to bring it back to the forefront today. Please read this (again) and then forward it to any “ostriches” on your email list.
TF
“The MOAMOPE”
by, James C. McShirley
The advent of computer generated trading algorithms heralded a quantum leap forward in the quest for 24/7 control of markets. No longer were humans beings required to do such unseemly things as man trading desks or worry a whit if free markets were, if even infrequently, attempting to function. Algo precision has made even the blackest of black swan events seem to turn lily white in their utter non-eventfulness. No more significant Dow or bond crashes, and best of all, no gold rallies exceeding (exactly) 1.00%, or the occasional 2.00%. Algo sentinels now stand in a permanent state of vigilance, keeping MOPE alive. (MOPE is what Jim Sinclair refers to as “management of perspective economics”.) Market manipulations and control of gold trading are what I have documented now for over 15 years. Many of these manipulations are well-worn, tried and true. Nearly all have intensified over the past 3 years. It seems as if one could throw a dart on a trading dartboard and hit an anomalous trading pattern nearly every time. Even with that said, I was stunned to stumble on to the biggest trading anomaly of all: the MOAMOPE – the mother of all management of perspective economics.
This post was published at TF Metals Report on September 8, 2014.
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