How Many Gold Bars Do London Vaults Hold

How Many Gold Bars Do London Vaults Hold:

This week for the first time – in the name of “transparency” – the London Bullion Market Association unveiled that as at 31 March, 2017 there were 7,449 tonnes of gold, or 596,000 gold bars, valued at $298 billion sotred in the vaults around London as well as $19 billion in silver. Here are the full details of what was unveiled.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Bloomberg confirms Jim Sinclair’s $50000 gold prediction if China backs currency with metals

Bloomberg confirms Jim Sinclair’s $50000 gold prediction if China backs currency with metals:

A few years ago, the well respected precious metal analyst Jim Sinclair issued a prediction that the price of gold could be valued as high as $50,000 per ounce should the markets be let loose and free to find true price discovery.  On May 27, that prediction was suddenly confirmed by Bloomberg who determined that if China were to back their currency with gold, the price would need to be valued 50 times higher than the current paper spot price set each day by the Comex and London.

In fact, if the current spot price of $1192 per ounce were increased by a factor of 50, the price of gold would not just be $50,000, but would be much higher and reside at around $60,000 per ounce in U.S. dollars and thus be able to facilitate China’s use of the metal for a gold backed currency.

Read more

CLOSE TO NEW GOLD STANDARD? Australia Exports Record Amount Of Gold To China

CLOSE TO NEW GOLD STANDARD? Australia Exports Record Amount Of Gold To China:

Are the Chinese getting close to announcing a new gold-backed currency? Well, if the record amount of Australian gold exports into China is an indicator, it may be close at hand. While the Chinese have been importing a lot of gold from Australia, it reached a new record high in 2017.

Read more

German Police Arrest Suspects In Theft Of Massive 100 Kilogram Gold Coin

German Police Arrest Suspects In Theft Of Massive 100 Kilogram Gold Coin:

German special commandos have arrested several people in connection with the theft of a large gold coin that was stolen from the Bade museum in Berlin back in March in a brazen theft that shocked the public.c

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Something Big Is Lurking That Will Change The Precious Metals Market: Andrew Hoffman (Video)

H/t reader squodgy:

“We’ve had flattening yield curve, 2% EPS, buy backs, order book crashes and Central Bank stock purchases and a world BDI reflection of future exports showing zilch trade all planned to hide the market reality…..and the Fed says everything is great.

It’s all lies”

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Gold Flash Crashes As “Someone” Dumps $2 Billion, “Fat Finger” Blamed

Gold Flash Crashes As “Someone” Dumps $2 Billion, “Fat Finger” Blamed:

Shortly after 4am EDT, as the European market was warming up for trading, Gold suddenly plunged $12, or 1%, to $1,242 an ounce, on a surge in volume with 18k contracts, or just over $2 billion notional, trading in a one-minute window; as of 9:20am London, volumes running around 150% of recent averages. As so often happens, the gold plunge dragged silver down with it as well.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Owning Gold Is the First Step to “Freedom Insurance”

Owning Gold Is the First Step to “Freedom Insurance”:

by Nick Giambruno, Senior Editor

It’s predictable…

A government in need of cash will turn to destructive “solutions.”

Money printing, higher taxes, and more regulations often come first. Unfortunately, these are just the hors d’oeuvres before a 10-course meal.

As they become increasingly desperate, governments implement increasingly destructive policies. This might include capital controls, price controls, people controls, official currency devaluations, wealth confiscations, retirement account nationalizations, and more.

The same pattern has played out again and again around the world and throughout history. The worse a government’s fiscal health gets, the more destructive its policies become.

This is the root of political risk.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Someone Just Dumped $4 Billion Of Gold Futures Ahead Of Comey Testimony

Someone Just Dumped $4 Billion Of Gold Futures Ahead Of Comey Testimony:

Just minutes ahead of James Comey’s testimony that many hope will lead to Trump impeachment, it appears someone decided it was an opportune time to dump $4 billion notional gold futures, seemingly confident this will not be a “constitutional crisis.”

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Dr. Paul Craig Roberts: Is Bitcoin Standing In For Gold?

Is Bitcoin Standing In For Gold?:

Paul Craig Roberts and Dave Kranzler

In a series of articles posted on www.paulcraigroberts.org, we have proven to our satisfaction that the prices of gold and silver are manipulated by the bullion banks acting as agents for the Federal Reserve.

The bullion prices are manipulated down in order to protect the value of the US dollar from the extraordinary increase in supply resulting from the Federal Reserve’s quantitative easing (QE) and low interest rate policies.

Read more

Jacob Rothschild Accidentally Admits The New World Order Is Finished… NOT! (Video)

Jacob Rothschild Accidentally Admits The New World Order Is Finished:

Lord Jacob Rothschild has accidently admitted that the plan for the New World Order is collapsing according to a new report.

The Rothschild empire is now looking at fresh financial turmoil as suggested by the RIT Capital Partners 2016-year-end report, which could also have a huge effect for the rest of the planet. Jacob Rothschild also recently announced that he is to buy up all remaining gold to replace stock market and currency exposure, which signals the biggest financial crash since the Lehman Brothers crash in 2008.

H/t reader squodgy:
“Same end result, financial collapse, commercial & economic turmoil, currency reset, Governmental exercising of power over citizenry as authority dies.”
Exactly. The New World Order was never planned to be fully established BEFORE the planned financial collapse, civil war and WW3.
First a few billion people have to be removed from the planet and then, when the world population has reached manageable 500 million, TPTB want to install their New World Order. 

As far as I can see their plan will ultimately fail, which will become clear only after the planned financial collapse, civil war and WW3.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP