Wednesday, October 24, 2012

GERMAN OFFENSIVE

In an effort to allay the fears of the German sheeple (not to be confused with American sheeple) the German pols are "demanding" the return of their gold which apparently has been "stored" for safe-keeping in overseas private Central Banks.  http://www.zerohedge.com/news/2012-10-23/what-actual-book-value-germany%E2%80%99s-gold-reserves  In an effort to at least confirm its existence in light of recent revelations of hypothecation and rehypothecation and tungsten salting and general malfeasance......the German gov has asked for 50 tons per year for the next five years. I guess they think that ANY gold is better than none at all. I'm sure that the 50 tons will be delivered over the next three years post haste. After all....It is their gold. They own it. They have claim to it and just because its not on their shores and that rumors abound regarding the lending of gold that is "allocated" there is no reason to believe that GERMANY'S gold would have been used for these nefarious ponzi schemes......unless.......unless there was just too much temptation. After all......that barbarous relic is just sitting deep down in those vaults.....and when push comes to shove with the Chicoms and you're running the biggest Con ever do you think that anyone is really gonna miss that barbarous old relic? Even if they did you could sweeten the deal a little with some extra USD to keep quiet....and if that didn't work then a reminder who really runs the show with some revealing pictures and a couple of well placed rounds if necessary.

Back to the game. Don't underestimate this German issue......IT IS HUGE. This is the achilles heal for the cartel. NO ONE trusts anyone and its going to get worse. MUCH WORSE. The rehypothecation of MF Global destroyed the system....at least any remaining vestige of trust in it. Kyle Bass only thinks he has his gold. As more and more confidence ebbs from the fiat system.... then trust will shift to fear...... then fear will shift to panic.....then panic will shift to shear terror. Finally the dust will settle and we will find out who owns whom. Its also nice to listen to mainstream gurus that are starting to figure out the game.. http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/10/24_Dr._Stephen_Leeb.html    gl


16 comments:

  1. Hoo hoo wow this is huge! As Gene Hackman says in Mississippi Burning "The rattelsnakes are starting to commit suicide." ;)

    ReplyDelete
  2. What did you say the other day " Possession is nine-tenths of the law" This is stuff Wars are fought over!

    ReplyDelete
  3. FWIW (and this has been alluded to by another poster here) I believe that a big factor involved in Libya, Egypt, and now Syria is gaining possession of their gold. Egypt and Libya were quick and easy......Syria is still fighting

    ReplyDelete
    Replies
    1. I actually thought Libya had more to do with the "Petro Dollar" & "Oil" but the spoils always go to the victor. Whatever the case we really screwed up a screwed up situation! On another note the buzz on Bengasi is we were running guns, how bout that....... Four people dead another sitting in jail and the gang that couldn't shoot straight are playing Yaba, Daba, Doo! Nice!!!

      http://market-ticker.org/akcs-www?post=213075

      No wonder why we are loved and adored through out the World!

      Delete
  4. that HL line of sand at 6.28 is solid....you could make tons of money playing the bounces there....with huge volume...

    ReplyDelete
  5. Ohhh...thanks honest. Spent quite some time yesterday reading Lars Schall, the German journalist posted on goldseek.com. Very,very interesting showing coverup/secrecy of all CBs, IMF and BIS gold holdings. He's trying his best to get to the bottom of it.

    ReplyDelete
    Replies
    1. no need to thank me, just pointing out that line Kli painted across his chart above...it seems a place where selling and shorts end...

      Cycc has been impressive last couple week with very hard fast moves..

      ANX has cc to announce protocal for phase 3 starting in minutes...seems that shorts are trying to keep it down...one crazy stock..

      Delete
  6. I would think the place to be is in gold, silver, shorts if Fitch rumors of US downgrade are true....so far metals are holding up here...

    ReplyDelete
  7. Even tho it's a BIG, Green line somehow I missed it, lol. Looks like internal weakness in all indices today. AG still +3%.

    ReplyDelete
  8. I don't watch the regular MSM news much anymore, but I will try to watch tonight to see if there is any mention of this German gold.

    It would seem to me that the MSM would want to down play it or avoid it entirely, so as to make the location of gold appear not that significant. That is,..Why risk sending the gold back to Germany, when it is "completely safe" here?

    ReplyDelete
    Replies
    1. NBC squakbox bs mentioned it in show today...

      Delete
  9. Rickards - great interview on what just might happen:

    http://www.youtube.com/watch?v=kdPkaCTdxBU

    I think what he refers to is more than just a possibility. Jd.

    ReplyDelete
  10. HL is coiling for its next move out of this flag

    ReplyDelete
  11. breaking.....
    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/25_James_Turk_-_The_Entire_German_Gold_Hoard_Is_Gone.html

    ReplyDelete