Post #124 PRICE OF GOLD CONTROLLED AND MANIPULATED BY 5 GUYS FROM 5 BANKS SINCE 1919 200728 TUE
This month in London marks the 100th anniversary of the first “London Gold Fixing”, the infamous daily meeting of a secretive cartel of bullion banks which has met since 1919 to set benchmark gold prices used throughout the international gold market, a meeting which continues to this day.
In 1914, which consisted of a meeting of four London gold brokers who between them set a daily gold price at the offices of Sharps & Wilkins.
The 1919 launch of the Gold Fixing by the Bank of England and Rothschild succeeded the previous meeting. From its inception in September 1919, the Gold Fixing occurred daily at Rothschild’s headquarters across the road from the Bank of England, with five men from five bullion banks religiously meeting at 10:30 am each morning.
After the collapse of the London Gold Pool in 1968, the Gold Fixing moved to a twice per day pricing with an extra 3:00 pm meeting added by the fixers to ‘watch over’ the US morning hours gold market.
Refer to post #8 #9 #44 #63 #64 #97 #98 #102 #114 #115 #116 #117 #118 #120 #121 #122 #123
