Mike, a final disinfo assault is next, but doomed to fail word swirling around Citibank that their gold derivatives about to melt down and that JPMorgan and GoldSachs are in same boat with melts also, the Federal Reserve has given these three cartel complicitors VERBAL ASSURANCES that they will be backed up but Savings & Loans were given similar assurances in 1980's
my view is that the meltdown in gold desks is IMMINENT above #330, the gold explosion erupts under 111.8 consecutively on US$, eruption is supported
but the Central Banks might attempt a final trick my guess is a gold sale "auction" that is no auction rather a bailout to Big3 Gold Cartel criminals I give this a 50-50 chance announced before July 4th
the world currency and banking system is about to experience an earthquake, my friend GOLD is the seismometer this is not about nuclear threats, as we know it is about CURRENCY/ BANKING threats but denial and ignorance and political obfuscation has prevailed
I have done my best to all the goombas on SI and esp VPorch to warn them and advise them to climb onto gold/silver
your money in banks might be in jeopardy your money is not money at all but rather promises that can be broken easily the only money in this world is pure gold and silver FECK THE REST
I have decided to scale back my personal efforts to preach you guys know my message I will monitor the meltdown upcoming for reasons only readers know, your denial or ignorance or political commitments will prevent from accepting that a scandal is imminent complete with gold banking meltdowns that might destroy at least one major US bank complete with rising interest rates with falling dollar complete with a new unmistakable recession
I will reduce my arguing with fools I will employ IGNORE button more replies have been one-liners much more lately, more to come
I want Barrick and JPMorgan and GoldmanSachs to be destroyed utterly destroyed with assets sold off in bankruptcy courts with CEO's, VP's hauled before Congress and Courts unlike Enron, with indictments and charges of TREASON
the consequences will be dire, scarey, and painful it will not be the end of the world it will possibly be the end of the Paper Asset Era and will usher in a slow transition to backed currencies I think I am dreaming here, because Central Bankers wont turn back instead, the more likely result is continued war by govts against real money and gold for years until they eventually confiscate gold a decade from now
good luck to all you have been forewarned / jim |