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Although the perception is that 2013 has been horrible for gold, I believe it will be marked as the year the world awoke to the greatest financial conspiracy of our time, to be followed (soon) by the largest financial scandal of all time! Of course the mainstream analysts will point to their bunk data and charts suggesting more downside in 2014, they have no choice -- their financial overlords have sliced and diced every one ounce of actual gold into nearly 100 pieces of paper! The fact is the jig is up, the rig has been exposed, and to keep their desperate game alive 'they' (the bullion banks) have lost an astounding 80% of their cumulative registered physical gold stored in COMEX warehouses, with JP Morgan leading the way with 89% of their registered physical gold depleted. Meanwhile, gold districts across the world, and the jobs that go with them, turn to dust, insuring even less inventory to satisfy the insatiable physical appetite of the Chinese and the Indians who know a firesale when they see one. Hopefully you do too ...
JS Kim: All The Big Banks Say Gold will Crash in 2014
Goldman Sachs's analyst Jeffery Currie is on record saying that gold will descend back to the $1,000 mark, or even lower, in 2014. United Bank of Switzerland says predicts $1,200 gold for 2014 while Simon Weeks of ScotiaMocatta was the most pessimistic, predicting gold would plunge to $800 or even to $400 in 2014. So why are all these scare tactics being employed by these large global banks?
A Year Later, The Bundesbank Has Repatriated Only 37 Tons Of Gold (Of 700 Total)
The repatriated amount over the course of all of 2013 represents just over 5% of the total stated target of 700 tons. So the question begs: since the price of gold has tumbled in 2013, and one would assume there would be many more sellers than buyers of physical, why would the Bundesbank not be able to obtain a far greater share of the gold? Unless, of course, neither New York nor Paris actually have free, unencumbered physical gold in their possession.
Gold Bullion Versus The Bureaucrats!
Watching Indian bureaucrats attempt to halt more than one billion human beings' desire for gold has been one of the more entertaining and pathetic stories of all of 2013. Faced with curbs on gold imports and crash in international prices leaving it cheaper in other countries, gold houses and smugglers are turning to NRIs to bring in the yellow metal legally after paying duty. It was evident last week when almost every passenger on a flight from Dubai to Calicut was found carrying 1kg of gold.
Eric Sprott: What Happens When the Gold's Not There?
Sprott charges central banks have little gold left, saying, "The gold's not there, and ultimately . . . somebody will fail to deliver here. . . . What happens to the bond markets and stock markets when you have to admit that it's been a fraud the whole time?" Sprott predicts that the price of gold and silver will both hit new highs in 2014, and when it does, it will "get a little crazy .. they know a day of reckoning is coming, and they are setting up for it. I am convinced some sovereign banking systems fail in 2014."
Happy To Help ..
The incredible paper price attacks of this past year are the very best signal you'll ever get that the coming financial hurricane is closer than ever, and that physical silver an gold ownership is an absolute necessity. We currently have a healthy supply of gold and silver products, in all shapes and sizes. Please contact me for the very best pricing and discreet, informed service.
Former Goldman Banker To Lead "Canada's Mortgage Monster"
And just like that, the tentacular status quo protection team has been reassembled in Canada, and no matter how bad things get for everyone else, the global banking syndicate will be sure to profit even more at the expense of taxpayers in one more country. After all, that is what Goldman's true function in the world: to take financial crises and make them into opportunities... for some.
100 Reasons to Shutter The Fed (on its 100th Anniversary)
Since the Federal Reserve was established 100 years ago, the U.S. national debt has gotten more than 5000 times larger. A permanent federal income tax was established the exact same year that the Federal Reserve was created. This was not a coincidence. In order to pay for all of the government debt that the Federal Reserve would create, a federal income tax was necessary. The whole idea was to transfer wealth from our pockets to the federal government and from the federal government to the bankers.
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Sovereign Exchange International Ltd.
Steven Merrill, President
www.sovereignize.net
phone:
778.835.7667
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Engage a Rich New Audience; Reconcile to your Private Account; Settle for Metal at Any Time. The Sovereign Exchange was founded by Steven Merrill and a small network of individuals from across British Columbia with a vision to embrace Austrian economic principles and provide a sound and stable payment facility than be trusted for commerce and used to store wealth.
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