Jim Willie
This is inductive reasoning, at the basic level. The London and New York metals exchanges cannot complete delivery of any order over one metric tonne without fresh assay reports. Trust has been shattered. This was never required before, but is now. Why is that? Could it be that Hong Kong's revelation of 5600 tungsten bars tungsten bars (fake gold) was true, verified, and spread via a global alert? Yes, clearly! Assayers the world over are unavailable. They are all tied up as bullion bankers, sovereign wealth fund managers, lesser central banks, and individual billionaires are scrambling to verify their gold holdings. The assayers were entirely available two months ago, but not now. Why is that? Could it be that Hong Kong's revelation of 5600 tungsten bars tungsten bars (fake gold) were true, verified, and spread via a global alert? Yes, clearly!
The Canadian Mint has released information that admits to 17.5 thousand troy ounces of gold and other precious metals missing, whose estimated value is $15.3 million. No credible explanation has been offered for the missing inventory. These are not lamps, boxes of paper, crates of machine tools, floor tile, stereo sets, or power tools sitting in inventory. These are gold bars. Or were they tungsten bars? Permit the Jackass to surmise that the Canadian Mint were interrupted in their coin production process. They poured what they thought were gold bars into a cauldron, but since tungsten melts at 8000 degrees, and gold melts at 2200 degrees, the cauldron soup was lumpy with tungsten cheese. Instead of admitting they held and discovered 17.5 thousand ounces of tungsten, sure to rile the Wall Street boys, sure to turn the gold market upside down more than already, sure to invite severe scrutiny to many bankers who already face criticism (but not prosecution) over mortgage bond fraud, THEY JUST SAY IT IS MISSING !!! Just where did it go, Ottawa? Did some high level bankers (surely not Goldman Sachs) borrow it or steal it? Maybe it went to an industrial supplier that specializes in zinc, tin, copper, lead, and tungsten!!! See the National Post article (CLICK HERE). It seems the B.S. story of lost gold invites the least criticism, scrutiny, and follow through, amazingly. Theft and fraud is rampant, and the name of the game. Of course, incompetence, and clumsiness are more acceptable than corruption and collusion.
The end result of all the extra authentication processes, the absence of available assayers. the missing gold at mints, and the scattered reports of tungsten gold that have this week extended to at least on European bank location in addition to Hong Kong, is less actual verifiable gold bullion in the hands of people that trade it. In other words, THE GOLD SHORTAGE IS MORE REVEALED AND EXPOSED. Notice lastly, the no Hong Kong banker denied the story of discovering tungsten bars with gold plating. Instead, the story proliferated to a global examining of gold inventory. Notice also that no Depositor bullion bank invited investigators inside for a closer look at inventory, after doubt and lost confidence within the system occurred. These are all tell-tale coincident signs, indirect evidence in support of the tungsten salted bars and the entire story. One has to be with a military intelligence background not to see it.
GOLD EXPLOSION COMING
Gold continues to log new highs. The market forces are powerful. The corrupt cords are being severed. The bottom of the barrels are being scoured for physical gold. Investors and investment firms want some real assets instead of mountains of paper assets. Paper piles are burning. A gold price explosion is coming. They cannot stop the gold locomotive. Monday this week was gold futures options expiration. The expiry was met the previous Thursday and Friday last week with gold closing at the highs for the day, and on Monday with a 12-15 point upward thrust. Pain is being felt in a big way with the gold cartel from their suppression game that backfires. Those two days ending last week formed daily bullish hammers, very bullish signals, identified by a high open, intraday prices much lower, but with a strong high close. Hey London, Hey New York: Open vise, insert nether stones, squeeze, and invite the dogs to feed off the floor. The pressure is on. The lack of real gold is palpable. the price rises. Heads will soon roll.
Exchange officials of middle rank will be the first led away in handcuffs, not by the FBI, not by the CFTC, but by state authorities and perhaps federal marshalls. The federales are part of the syndicate (lack of) law enforcement. Why middle level guys? Because they will offer evidence and testimony against the targeted higher level officials. Many people like myself wish for a much broader exposure of criminal behavior, some prosecutions, some justice, and an end to the Age of Impunity in the Untied States that comes with the Fascist Business Model. We will find little satisfaction, except for the breakdown of the Gold-Dollar balance beam in progress. The gold & silver prices might be the main satisfaction felt. The USDollar decline might be another satisfaction. Look for strange and misleading inaccurate stories to come from the metals exchanges as they break down. Also look for something to pop up with all those guys from last August who appealed for asylum in Europe, bearing boxes of Wall Street fraud evidence. That is saved for the Hat Trick Letter reports.
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