GOLD RAID EMMINENT

Gold Raid Author makes no inference that the Rothschild banking agents may straddle both the Eastern & Western commodity trading pillars. If JPM and Goldman Sachs are Rothschild agents to be forsaken for Eastern agents, who are they?: Rothschild Governance Graphic Chart - Who They Own, Who They Control See also: European Citizens May be FORCED to Surrender their Country Sovereignties for the 'Greater Good' of the NWO Posted by Dominique de Kevelioc de Bailleul on May 11, 2012 Sources close to newsletter writer Jim Willie of the Hat Trick Letter tell him the Chinese are finally putting an end to the Fed-sponsored JP Morgan’s gold manipulation scheme—but not until the Eastern juggernaut strips every ounce of physical gold in a brilliant Sun Tzu maneuver against the Comex gold cartel. With the cartel levered as much as an estimated 100-to-one in the gold market, JP Morgan is trapped into a game it cannot win in the end. As normal market forces seek higher prices to quell demand, JP Morgan’s price suppression activities only serve to hasten the day when the gold price will be set free—but on China’s timetable and at a level of gold stock the Eastern giant feels comfortable stripping before crushing the hold of the G-8 and the menacing U.S. dollar standard from which China wishes to extricate itself. “My firm belief is that a fair equitable gold price will come only after the price goes dark in the normal traditional paper dominated channels,” Willie began his update of the gold market in a piece posted on GoldSeek.com, suggesting that, at some point, the price quoted at the Comex will be revealed as merely a camouflaged official price-fixing mechanism to throw off traders into thinking rallies and plunges in the price of gold are part of a normal price discovery process. In other words, instead of Treasury announcing on a periodic basis a new pegged price for gold under a broken Bretton Woods configuration, the U.S. can lever dollar against ridiculously low gold reserves to match the dismally low dollar reserves against assets held on the books of Fed member banks via JP Morgan’s gold manipulation scheme. The customer(s) of JP Morgan that Blythe Masters had referred to in an interview with CNBC is, accounting for the lion’s share in terms of dollar volume, the Fed itself—which makes sense in that JP Morgan is one of the owners of the Fed (contrary to the obfuscation presented on the Fed’s Web site). “We store significant amounts of commodities, for instance silver [gold for instance], on behalf of customers. We operate vaults in New York City, in Singapore and in London. Often when customers have that metal stored in our facilities they hedge it on a forward basis through JPMorgan, which in turn hedges in the commodities market,” Masters told CNBC on Apr. 5. Emphasis added to text. “If you see only the hedges and our activity in the futures market but you aren’t aware of the underlying client position that we’re hedging, then it would suggest inaccurately that we’re running a large directional position,” she added. “In fact that’s not the case at all. We have offsetting positions. We have no stake in whether prices rise or decline.” At a ratio of approximately 100-to-one of paper “hedges” against physical gold, the only customer who would be large enough to cover such a bet for JP Morgan would be a printing press—the Fed. Back to Willie. He goes on to say in his article that the “Eastern coalition” has been stripping JP Morgan of physical gold at intervals of $10 in a “reverse pyramid,” or higher amounts of buy orders as the price drops. As the Chinese lay a net of buy orders of physical during the massive de-leveraging process conducted by the European banks, the gold sold by the EU in an effort to remain liquid shifts from the West to East at fire sale prices made possible by JP Morgan’s paper shorts throughout the gold bull market. “The gold price will not rise until the Eastern Coalition has had their fill in a Western diet rich in gold,” Willie stated. “ . . . In the process of de-leveraging, the cartel is losing their gold bullion. They are vulnerable, made worse by their insolvency, aggravated by their lack of liquidity. The paper gold price is imploding, but not the physical price.” Willie’s intelligence of renewed aggressive Eastern alliance gold buying—as well as the just-released news flash from Reuters of Vladimir Putin’s decision to skip the G-8 summit—appear to dovetail at this time with geopolitical events concerning Iran. Though Russia is a member of the G-8, China is not. Escalating aggression by the U.S. against Iran has pushed Iranian allies China and Russia into a formidable alliance against America and may explain Russia’s abstention from the meeting in a show of allegiance with China against their mutual enemy in battle for another gold—black gold—oil. If the U.S. can secure Iranian oil, China loses its leverage in the currency war and its timetable for the renminbi to be elevated as a world’s reserve currency—which the Russians would benefit as well, as the ruble would be elevated (and included in the proposed SDR with the renminbi) as dollars leave the oil market through bilateral trade agreements forged by anti-American forces, globally. Gold market insiders sense that, as Willie reports, China and its Eastern partners have a window of opportunity before the U.S. presidential election and/or a Fed announcement of more QE to accumulate as much gold as possible before the gold price moves higher to relieve the massive physical buying at the hands of the Chinese. But it appears the U.S. could buy more time in the event of a gold raid by the Chinese (akin to Europe’s raid on U.S. gold during the late 1960s) as a force majeure in the gold market would collapse the dollar and the means of funding U.S. military operations against Iran and countless other operations hostile to China and Russia. That physical gold, not available to JP Morgan, would need to come from the confiscation of private gold assets, such as those held for the Barclay GLD ETF. “Unfortunately, the Eastern gold raids waged against the Western gold cartel might be satisfied with gold bullion pulled from the back door of the GLD exchange traded fund. As the Eastern Coalition observes the de-leverage process and swoops to exploit the insolvent condition compounded by lack of liquidity, the demands made on cartel member gold reserves might come from the GLD fund itself,” Willie speculated. He added, “The cartel simply shorts the GLD stock, entitling themselves to vast truckloads of GLD gold bars in illicit grabs. The tracks are covered by altered bar lists, whose track record is so abysmal and faulty that new covered tracks are easily made. The GLD fund is destined for a day like Madoff and Corzine before the Congress, but with far more lawsuits. Given the vast conduits between Europe and the United States, any event triggered on the continent will extend quickly to the U.S. and UK.” Gold traders should realize that Willie’s analysis strikes at the heart of the U.S. dollar, taking Jim Rickard’s thesis to a much deeper and poignant level—a level that Rickards will not dare to go. In fact, Rickards told TruNews radio that investors of gold will be disappointed by a probably confiscatory tax of “90 percent” on gold held by American citizens, leaving that Rickards comment to beg the question: then where do Americans go to flee the dollar? The answer is still—GOLD!—and the corollary? Store it outside the jurisdiction of the U.S. and away from a criminal Washington hell bent to sacrifice every American in its effort to achieve its objectives. But Rickards, the DoD consultant, won’t tell you that, which suggests to anyone who listens to him that it is futile to protect yourself from a fascist U.S. government intent on sacrificing a nation’s privately-held treasure for its globalist agenda. Source @BeaconEquityDo you like this post? Please link back to this article using one of the codes below. URL: http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html" target="_blank">http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html HTML link code: http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html" target="_blank">http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html">GLD ETF Raid Imminent as China Flushes JP Morgan of Physical Gold BB (forum) link code: [url=http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html%5dGLD" target="_blank">http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html]GLD ETF Raid Imminent as China Flushes JP Morgan of Physical Gold[/url] You might also like: Read more: http://chasvoice.blogspot.com/2012/05/gld-etf-raid-imminent-as-china-flushes.html#ixzz1urS3AVA3 NEW "Swift System" coming on line.... http://usawatchdog.com/the-last-innings-of-a-very-bad-ball-game/#more-7933 Gold Cover Clause Guidance ... The upcoming Eastern SWIFT bank transaction system is almost ready for prime time, its development in progress. The Chinese will take the lead position, taking the flack, pushing the process, which will not resemble the current SWIFT system in the flow vehicle. The transition of political power in Beijing makes the timing perfect. The Iran sanctions served to galvanize the anti-US Dollar movement. - One source involved in the barter system design, at the fringe of the new SWIFT system, reported that the Iran sanctions did them a great favor, by bringing several newer nations to the planning room for integration into the new global trade transaction system. DO NOT BE SURPRISED TO HEAR THAT THE NEW SYSTEM HAS A GOLD FEATURE TO HANDLE THE TRADE. Rumors to the effect that the Chinese want to implement a gold backed trade settlement system that is completely outside the fiat US Dollar have been confirmed.