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Jim Willie: Central Bank Gold Rehypothecation Scandal to Take Gold to $5,000/oz

November 1, 2012 By The Doc

By Jim Willie, GoldenJackass.com

  • The battle is on for delivery and verification for official gold accounts
  • Evidence grows that much of it is gone, and when demanded, replaced with urgency
  • It is soon to transform into a global gold war
  • The German Government gold demand to the London and NY City bankers represents a big escalation in the gold war
  • The central bank coordinated QE to Infinity has brought questions of gold account location and integrity
  • The Allocated Gold Account scandal is a natural event to follow the LIBOR banker scandal
  • QE3 will assure a gold rise past the $2,000 mark, but the new scandal will take the gold price to $5,000
  • The powerful gold factors are aligned and in place, led by permanent ZIRP and unlimited QE

A nasty Golden Harp could soon have its cords plucked, with the resonance working to shake loose the bankster cover of improper illicit duplicitous and probably highly illegal usage of Allocated Gold Accounts.

When diverse scattered accounts are pilfered and depleted without authorization in Switzerland, resulting in several multi-$billion class action lawsuits in Zurich, all kept dutifully out of the news, that is one thing. But when a few key official government gold accounts are ransacked in systematic fashion from established trusted locations, defying and betraying the trust of the German Government and other national governments, that is quite another.

To be sure, the system can tolerate ransacking and replacing with scurried harried efforts the Venezuelan gold account, like in 2011. The media told the story with creativity and aplomb, avoiding the truth, inventing a tale, but finding a credible pile of dung to feed the public, which swallowed it whole. The global monetary war has been raging for four years, ever since the Lehman Brothers firm was targeted and destroyed with planning and motivated execution, for the benefit of Goldman Sachs full CDS redemptions and exploit by JPMorgan in war chest reload under cover of bankruptcy court orders.

The media prefers regularly to refer to the global financial crisis incorrectly and improperly. A crisis passes after a year or so. This war lingers like WWI and WW2 and Vietnam, with a clear emerging agenda to defend the USDollar regime from global isolation shun, to conceal the USTreasury Bond support mechanisms in derivatives, to avoid the US banking system from grotesque insolvency but kept afloat by grand money laundering channels, and to motivate an endless war to secure resource thefts and control that center on oil fields and the poppy fields. Witness the slow gradual inexorable collapse of the global monetary and financial system.

Continue: http://www.silverdoctors.com/jim-willie-central-bank-gold-re...

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No

No he is not dependent on someone making him free .. He is free but someone THE GOVERNMENT is infringing on his rights to become free.

You can stomp your feet screaming "iam free" while government thugs illegally search your house ... but that doesn't make you free

What the hell are you talking

What the hell are you talking about?

Please come join my forum if you're not a trendy and agree with my points of view.

If you want to make an

If you want to make an argument, do so. I'll debate you. Otherwise, keep your insults to yourself. Thanks.

School's fine. Just don't let it get in the way of thinking. -Me

Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

that's ecactly what I was

that's ecactly what I was asking myself in this persons post. nothing but jibberish.

If you want to make an

If you want to make an argument, do so. I'll debate you. Otherwise, keep your insults to yourself. Thanks.
________

To you, Sierra,

What's above that line is what I wrote the DPer you replied to. But regarding you, Sierra, I've read enough of your comments on the DP to know you have little sense about you. More often than not your comments are one-liners, are cursory, shallow and discourage thoughtful comments because they are quarrelsome comments. In short, Sierra, you don't think. If what you have to say to me is name calling or tantamount to it, I want you to know, avoid replying to me. Restrain yourself. If you do not restrain yourself, I will compile your hatred and submit it to the DP Mod Box to help rid the Daily Paul of you. Thank you and goodbye.

School's fine. Just don't let it get in the way of thinking. -Me

Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

knock yourself out! As far as

knock yourself out! As far as being able to think your posts on this subject show just exactly how you think....

Effectively slashing cash savings to third of current value.

Fiat currency and it's propensity to sublimate.

Easy come easy go, the silent tax strikes.

Free includes debt-free!