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The US has run out of tradeable gold bars (24karat) to satisfy delivery contracts.

Submitted by dexterszyd on Tue, 10/20/2009 - 21:51
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The important point of the article is that the US has run out of tradeable gold bars (24karat) to satisfy delivery contracts.

Worldwide demand is so great for gold that the US is forced to use confiscated gold from the 1930's (22karat) in an attempt to thwart default of the COMEX (Commodity exchange controlled by the US banks). VERY BAD SIGN

The people-in-the-know are saying with they have no confidence in Obama's vapid hope.

Check it out here...

http://www.professorfekete.com/articles/AEFGoldBasisIsDeadLo...

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The Golden Rule as written by the banksters and Federal Reserve:

Submitted by drhifive on Wed, 10/21/2009 - 08:06.

Who pretends to own the gold rules

The Golden Rule

Submitted by nmlifestyles on Wed, 10/21/2009 - 05:57.

Who owns the gold ... RULES!

What if it's 22 karat? Do they still rule?

Submitted by dexterszyd on Wed, 10/21/2009 - 07:46.

For Freedom!

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For Freedom!
STUGOTS! To the high and felutent establishment!
Paultian Powerhouse!

Correction: "Stolen" gold

Submitted by MikeLawson on Wed, 10/21/2009 - 00:13.

They stole everyone's gold. It wasn't confiscated, they asked for it as a loan and the people willingly lent it. Then they made it illegal to come asking for it. Imagine that was you---your genes were there. Mine are highly pissed off about it!

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Explore Orthodox Christianity

Mine had some good hiding spots back then

Submitted by dexterszyd on Wed, 10/21/2009 - 05:29.

For Freedom!

—

For Freedom!
STUGOTS! To the high and felutent establishment!
Paultian Powerhouse!

I find Fekete interesting to

Submitted by Jive_Dadson on Wed, 10/21/2009 - 00:08.

I find Fekete interesting to read, but I read him with a large dose of skepticism. I'll get back to you when I've given it the Jive test.

Edit: I'm into it a paragraph or two. He is quoting the rumor that shorts who contracted through the LBMA are unable to deliver on September futures contracts, and are offering cash settlement at a huge premium. Only problem is the LBMA does not broker futures contracts. It's totally cash and carry.

Fekete tells it like it is

Submitted by drhifive on Tue, 10/20/2009 - 23:13.

Wish more people would pay attention to him, handing out the red pill like there is no tomorrow.

So now, Goldman, Morgan Stanley...

Submitted by elrococco on Tue, 10/20/2009 - 22:32.

and the rest will start "leasing" gold to the government for interest. The investment banks will shear off more from the tax payer under a scam of private banks doing their "patriotic" duty to support an injured national economy. Then when that "leasing" pushes the price of gold and silver back down, they'll run up the false market as fast as possible to sell off for great fake profits and buy up real commodities at artificially low prices. Then they'll take back their rug and ole Joe out there will find himself really flat on his a$$.

Assert Your Authority

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Assert Your Authority

BumP: Reality is a bitch!

Submitted by SteveMT on Tue, 10/20/2009 - 22:08.

Sooner (or later), this is going to happen.

heheheheheeeeeee A prudent

Submitted by bad_karma on Tue, 10/20/2009 - 21:53.

heheheheheeeeeee

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3

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A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

appropriate

Submitted by dexterszyd on Tue, 10/20/2009 - 22:00.

For Freedom!

—

For Freedom!
STUGOTS! To the high and felutent establishment!
Paultian Powerhouse!