H/t reader kevin a.
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Gold takedown …
Consider the 500 tons of paper gold sold on Friday. Begin with the question, how many ounces is 500 tons? There are 2,000 pounds to one ton. 500 tons equal 1,000,000 pounds. There are 16 ounces to one pound, which comes to 16 million ounces of short sales on Friday.
Who has 16 million ounces of gold? At the beginning gold price that day of about $1,550, that comes to $24,800,000,000. Who has that kind of money?
What happens when 500 tons of gold sales are dumped on the market at one time or on one day? Correct, it drives the price down. Investors who want to get out of large positions would spread sales out over time so as not to lower their sales proceeds. The sale took gold down by about $73 per ounce. That means the seller or sellers lost up to $73 dollars 16 million times, or $1,168,000,000.
Who can afford to lose that kind of money? Only a central bank that can print it.
… signalling U.S. dollar endgame?:
DH: How soon do you see things taking place?
RB: They already are in motion. If you’re looking for a date I can’t tell you. Remember, the objectives are the same, but plans, well, they adapt. They exploit. Watch how this fiscal cliff thing plays out. This is the run-up to the next big economic event.
I can’t give you a date. I can tell you to watch things this spring. Start with the inauguration and go from there. Watch the metals, when they dip. It will be a good indication that things are about to happen. I got that little tidbit from my friend at [REDACTED].
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BOOM!: Boston marathon bombings:
– Boston Marathon Bombings: University Of Mobile Coach: Bomb Sniffing Dogs, Spotters on Roofs Before Explosions – ‘They Kept Making Announcements To The Participants Do Not Worry, It’s Just A Training Exercise’
– Copley Square will remain ‘locked down’ (Boston Herald, April 15, 2013):
… the National Guard has secured a 15-block crime scene and is limiting access in the area, and the Federal Bureau of Investigation has taken over the probe into who planted the explosives.
More cards here: 515 Iluminatti Playing Cards (Please share)
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The Titanic sank on April 15, 1912 – Is the USS Titanic about to sink?:
( I hope you are all familiar with William Banzai’s ‘humor’!)
– QE TiTaNiC 2013… (ZeroHedge, By William Banzai, April 15, 2013):
Farewell to the mighty QE
A ship for The Powers That Be
Ben keeps her afloat
‘Till Elites board their boat
While sheeple sink into the sea
The Limerick King
Actors Leonardo DiCaprio and Kate Winslet in a scene from the movie Titanic
The man who located the wreck of the Titanic has revealed that the discovery was a cover story to camouflage the real mission of inspecting the wrecks of two Cold War nuclear submarines.
When Bob Ballard led a team that pinpointed the wreckage of the liner in 1985 he had already completed his main task of finding out what happened to USS Thresher and USS Scorpion.
Both of the United States Navy vessels sank during the 1960s, killing more than 200 men and giving rise to fears that at least one of them, Scorpion, had been sunk by the USSR.
Dr Ballard, an oceanographer, has admitted that he located and inspected the wrecks for the US Navy in top secret missions before he was allowed to search for the Titanic.
Only once he had used his new underwater robot craft to map the submarine wreck sites was he able to use it to crisscross the North Atlantic seabed to pinpoint the last resting place of the luxury liner. It meant he had only 12 days to find the Titanic.
“I couldn’t tell anybody,” he said. “There was a lot of pressure on me. It was a secret mission. I felt it was a fair exchange for getting a chance to look for the Titanic.
“We handed the data to the experts. They never told us what they concluded – our job was to collect the data. I can only talk about it now because it has been declassified.”
Dr Ballard said what he had seen during the inspection of the wrecks gave him the idea of finding a trail of debris that would lead to the main sections of the Titanic. Thresher, had imploded deep beneath the surface and had broken up into thousands of pieces and Scorpion was almost as completely destroyed. “It was as though it had been put through a shredding machine. There was a long debris trail.” Dr Ballard developed a robotic submarine craft in the early 1980s and approached the US Navy in 1982 for funding to search for the Titanic, which sank in 1912 with the loss of 1,500 lives after hitting an iceberg.
He was told that the military were not willing to spend a fortune on locating the liner, but they did want to know what had happened to their submarines.The military were anxious to know how the nuclear reactors had been affected by being submerged for so long.