GOLD 0.51% $1,391.7 gold futures

bigger than we think.......?

  1. 3,360 Posts.
    Taken from http://www.nolanchart.com/article5832.html


    Adrian Douglas commenting on central bank gold sales/leases

    "It got me thinking as to whether the heist they have pulled is bigger than we think. The BIS as we know, and as mentioned in this memo, is the organization that allows for cooperation behind the scenes of the Central banks. We know they went private to prevent any need for public disclosure seeding the opportunity for Reg Howe's lawsuit. We have plenty of evidence that Central Bank gold holdings have been depleted. We keep saying that the gold is "gone". But what do we mean by "the gold is gone"?

    "Gold is not like crude oil, expensive wine, even silver it does not get consumed. It has not "gone"; it has changed ownership. The Central Banks leased out gold to the bullion banks. Now who did the the bullion banks sell the gold to? We know that the bullion banks can't get the gold back. If the central banks ask for the gold back the bullion banks can declare bankruptcy or settle in cash. How convenient! The Central bank gold has gone into someone else's hands that are unknown and the loss will eventually be written off.

    "We know that Central Banks are owned or controlled by some of the richest families and/or entities in the world. Is it possible that these "bankers" can benefit from a fiat ponzi scheme while it can be maintained AND still end up with the gold in which case they can benefit from a return to a gold standard and when the gold standard eventually gets abused and abandoned in the future they will play the whole fiat game over again? It would certainly require cooperation between central banks to pull off such a heist.

    "It would be great to have the whole world sitting in a room and ask those who own more than 10 million ozs of gold to raise their hands!

    "The crime may be more than manipulating the price of gold to "defend the US dollar" and concealing the evidence from the public. The Cartel may well have aided and abetted embezzlement of the citizens' gold of the Western world. And who ever has it, they bought it perfectly legally from the bullion banks with fiat currency.

    "This seems to make sense because Central bankers and the "elitists" (Rockefellers, Rothchilds, Morgans, Mellons, Carnegies, Vanderbilts etc etc) are not stupid. They must know gold is real money. They can study monetary history too. The fiat money game in this context is a decoy for the theft of sovereign gold.

    "It is not without precedent, the great inflationist, John Law, was arrested escaping with a coach loaded with gold and silver!" (source Murphy letter)

 
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