The charade that the Fed and US bankers/Financiers have been playing CAN NOT CONTINUE MUCH LONGER. The only way for them to make it out of this mess is an economic collapse. This way they can default on their debts and in the ensuing chaos pilfer the gold and silver with a promise to pay it back…One day.
Look for a continued suppression through the end of May for the metals, for the next time you will see Gold and Silver shoot to the moon IT WILL BE IN AN AMERICAN FINANCIAL COLLAPSE!! [Read more...]
The Next Time Gold & Silver Skyrocket It Will Be in an American Financial Collapse!
Jim Willie: France & US Liberating Mali Gold to Meet Bundesbank Repatriation Request!
The Golden Jackass Jim Willie sat down with The Doc for a MUST LISTEN interview regarding the markets, gold & silver, and a coming European banking collapse.
Willie made explosive allegations regarding the banking cartel, stating that the US & France launched an invasion of Mali in order to utilize Mali’s gold production to meet the Bundesbank’s 300 ton gold repatriation request.
Wille states that there is a huge shortage of the metal, and that a massive gold rush will soon be ignited, resulting in an epic short covering rally and a 50% explosion in the price of gold.
Jim Willie’s full MUST LISTEN interview with The Doc is below:
[Read more...]
Jim Sinclair: German Gold Repatriation a Reaction to Geithner’s Take-Down of Gold at $1800 Via the ESF
Legendary gold trader Jim Sinclair has sent an email alert to subscribers today stating that the Bundesbank’s announcement that they will repatriate 300 tons of gold from the NY Fed and 374 tons from the Bank of Paris is in direct response to outgoing Treasury Secretary Timothy Geithner’s take-down of gold at $1800 in October via the ESF.
Sinclair states that a Central Bank would not insult another major central bank unless it is an act of financial war, and that a full blown financial gold war is coming as soon as 2015-2017.
Sinclair also states that Geithner’s parting shot to break gold’s back by the Exchange Stabilization Fund was considered a direct attack on the Euro strategy for what the end game recovery will look like. The Free Gold thesis requires significantly higher gold prices to work and to elevate the euro back in reserve by choice category.
Have we seen the initial shot in a full blown global currency war?
Sinclair’s full alert is below: [Read more...]
Germany’s Gold Repatriation and Brown’s Bottom
Submitted by SD reader Jack
Sometimes we need to look back in history to “connect the dots”. In 1999 Gordon Brown started selling England’s gold into the market place. This was done by auction and announced. Coordinated as if it was meant to keep prices low. Most people think Gordon Brown was just stupid. It would now appear that we have now found the reason for this market manipulation of gold at the time.
The 400 tons of gold that Gordon Brown dumped on the market between 1999 and 2001 (60% of the UK’s gold reserves) likely went DIRECTLY TO THE BULLION BANKS FOR THE SOLE PURPOSE OF MEETING THE BUNDESBANK’S 1000 TON GOLD REPATRIATION REQUEST!!
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