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Banksters’ Bullion - Crisis At New Extreme?

Sprott Money's picture




 

 

Jeff Nielson for Sprott Money News

 

 

Another day goes by. Another day of the West’s (the One Bank’s) economic terrorism against Russia: an overt attack on that nation’s currency, and thus the economy itself. As noted in the commentary which preceded this; such economic terrorism against the ruble damages Russia’s economy, on a percentage-for-percentage basis.

 

Another day of defiance: by Russia itself, and (increasingly) the Rest of the World. We now know that part (and perhaps most) of the motive for this escalation of Western terrorism against Russia is gold.

 

What is the best way to identify such motives, when this rapacious crime syndicate launches one of its major “operations”? Let them tell us, themselves. Having a megaphone of unparalleled proportions (the Corporate media propaganda machine); the Banksters – as the serial extortionists that they are – will inevitably broadcast their demands, loudly and unequivocally.

zxcv8

When they manufactured a global economic collapse in the Crash of ’08; they broadcast their demands (to Western governments), loudly and unequivocally: pledge $10’s of trillions to them (the real price-tag of their “bail-outs”) or they would complete the destruction of the global economy. The bail-outs were utter and complete fraud, as there were no “losses”, merely sham-debts engineered between tentacles of the same crime syndicate (the One Bank).

 

When the Banksters manufactured a currency-crisis in India last year; they also broadcast their demands loudly, although admittedly in a more indirect manner. The Corporate media merely “predicted” (again and again and again) that India’s currency crisis (and the mythological “current account crisis” which supposedly caused it) would magically disappear as soon as India blocked its gold imports – to a population which was (at that time) buying gold at a ravenous and unprecedented rate.

 

As 2014 drew to a close we saw more economic terrorism from the One Bank, and once again its “demands” were broadcast loudly and unequivocally by the Corporate media. Again (as with India) the extortion was more indirect than the shake-down of Western governments that took place in 2008.

 

Nearly every time we see another propaganda piece from the Corporate media, gleefully noting further damage to the ruble, and exaggerating the demise of Russia’s economy; it is accompanied by a parallel pieceof propaganda. Over and over, we see the Corporate media drones “predicting” that Russia will be forced to sell its gold – once again, as the supposed “cure” for this economic terrorism.

 

But what appeared, originally, to be simply an extension of the West’s economic/military aggression against Russia (the coup in Ukraine; the “economic sanctions” against Russia; the endless U.S. saber-rattling) is now rapidly evolving into what is obviously a much more focused exercise in extortion: the Banksters want to get their hands on Russia’s gold.

 

We’ve seen this before. When the West overthrew the Gaddafi regime; the first thing the bankers did after planting their puppets in power was to loot that nation’s gold. More recently; after staging the coup in Ukraine, the first thing they did when their new thugs/employees had (illegally) seized power was to loot all of that nation’s gold.

 

However, the economic terrorism now directed at Russia must be looked at as much more than merely continuation of a pattern, for several reasons. First we have the severity/malevolence of this latest terrorism itself (the 50% plunge in the value of the ruble), and this is not some puny target which these psychopaths can knock-over with little more effort required than swatting a fly.

 

Russia is still a military superpower, and even after the current attack on its economy; possesses enormous economic resources – and leverage. Unlike Ukraine, unlike Libya, unlike Greece, unlike Iraq, unlike Afghanistan; Russia can fight back.

 

More importantly is the size of the prize (i.e. the scope of this latest escapade in geopolitical terrorism). Russia’s massive, national stockpile of gold represents more than ten times what the One Bank was able to “harvest” from victims like Ukraine and Libya.

 

This begs an obvious question. Is the increase in malevolence, the choice to choose a Victim who can fight back, and the obviously larger scale of its latest extortion merely an indication of an escalation of the One Bank’s rapacious looting (and demonstration of its arrogance)? Or; is this much more ambitious gambit simply proof of a much greater level of desperation?

 

Consider the evidence which supports the latter conclusion. This year began with the One Bank stillengaged in a feverish attempt to quell the spike in gold-demand, which it precipitated itself in 2013 with the Cyprus Steal – a declaration by the bankers (and our Traitor Governments) that any/all paper assets could now be confiscated at will by this financial crime syndicate.

 

Then came all the demands for “gold repatriation”. It began (of course) with Germany. But as documented (particularly by sources like Zero Hedge); Germany has been unable to get its gold. Only a tiny trickle of gold has flowed back into Germany, and nearly all of that came from neighbouring France – a mere few hours’ drive away.

 

As Germany obtained ‘a whole lot of nothing’ in its efforts to re-claim the gold it supposedly owns, and was supposedly “held in trust” (by the most ruthless/rapacious crime syndicate in the history of humanity); realization has finally dawned on the pathetic drones of Europe’s other governments. In no particular order; we have had formal or informal “requests” (demands) from entities in Belgium, France, and Austria to return their gold.

 

Along with that; we have had the failed Swiss “gold referendum” which (if not sabotaged by the One Bank) would have required Switzerland’s government to produce a large quantity of physical gold – in its own custody, and not the (corrupt) vaults of London/New York bankers. We also had the successful “Dutch gold operation”; where the government of the Netherlands secretly got their hands on their own gold – as payback for its complicity in the “MH-17” war-crime perpetrated by the West.

zxcv9

If that’s not enough to “ruin Christmas” for these psychopath Scrooges, there is news of more rabid demand for the dwindling remnants of (real) gold still clutched within their greedy talons. Once again; the source is Asia. Along with anecdotal reports of explosive “gold demand” in trading at the Shanghai Exchange, we have official gold imports in India once again spiking to a near-record level.

 

The last time India’s monthly gold imports reached this ravenous and (to the bankers) intolerable level, the One Bank immediately commenced its extortion against India’s government to impose a gold embargo on (official) gold imports. But that strategy was a failure.

 

Gold smuggling immediately exploded in India, replacing most of the official imports that had been blocked. Worse still; the blackmarket necessary for smuggling on such a massive, systemic level was rapidlyproducing a real-world price for gold – a Decoupling with the “official” price and fraudulent gold market of the Western banksters. And whatever decrease was generated in Indian gold demand was offset (on a rupee-for-rupee basis) with higher silver demand.

 

Faced with such massive evidence of failure; the One Bank reversed itself on its gold extortion, and allowed India to re-open official channels for gold imports. Now, official Indian gold demand is right back to that 2013 crisis-level (while rampant gold-smuggling continues); except now the One Bank knows it is impotentto do anything about that demand.

 

Enter Russia. If this Western crime syndicate can’t stop people (and/or nations) from buying gold (at a historically unprecedented rated), and it can’t stop now-frightened Western governments from asking for/demanding the gold which supposedly belongs to them; that leaves only one option. Steal more gold – a lot more gold.

 

The fact that Russia is the obvious target which has been chosen for this latest gold-looting operation appears, more and more, to simply be a reflection of much greater desperation on the part of the One Bank. Evidence mounts that this, too, will be another “failed operation” in the gold market.

 

Kilo gold-dimensions

First we have news out this morning that rather than selling gold that Russia is still adding more gold,“defiling” [sic] Western “predictions” (demands) that Russia should/must sell its gold. Secondly, we now see China officially stepping in with what is effectively an offer of whatever level of economic assistance is required to fend-off the current economic terrorism, emanating primarily from Wall Street.

 

Merry Christmas, Goldman Sachs (and the rest of the One Bank)! As your collection of psychopaths and hoodlums harvest their enormous, illegal, paper “bonuses”, never forget that your entire, gigantic (and ridiculously unstable) Ponzi-scheme of paper pseudo-wealth is ultimately perched atop a meager stockpile of gold – almost all of which has already been pledged to (literally) a hundred different “owners”.

 

Yet again, the fable of “the Emperor’s New Clothes” comes to life. And when the last of the One Bank’s gold is gone; all that the world will then see is a lot of naked bankers.

 

 

Jeff Nielson for Sprott Money News

 

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Sun, 01/25/2015 - 05:12 | 5701593 FIAT CON
FIAT CON's picture

Good article less the stealing of Russia's gold.

There will not be much of a planet left before the one bank will end up wth Russia's gold.

 Remember the Russian's are a much stronger individual than the Merican, smarter as well. (look it up).

The Russians have gone without more than the avarage merican, couple that with the thought that the Fu**ing Mericans are coming, you know the ones the world hates, not for their freedoms, for their crimes.

Sat, 01/24/2015 - 01:09 | 5699106 Niajoel Fetednes
Niajoel Fetednes's picture

It's an interesting article but so is the news from Karen Hudes efforts for the World Bank. Now there is a dot that could be connected to desperation. May it be so.

And while these same people stole Nikola Tesla's secrets, it is rumored (or an urban myth) that amongst his formulae for manufacturing chemicals and elements such as radium, was gold too. What country, government or bank has the secrets - is anyone's guess. But could account for low prices, and more desperation.

Personally I hope they've been hacked by Anonymous.

Fri, 01/23/2015 - 19:21 | 5698365 messystateofaffairs
messystateofaffairs's picture

The name of the game for those who live in the real world is gold. But make a little space for that digital specie, bitcoin; its price might be down because it too can be manipulated (all monetary instruments can) but its velocity is alive and it is a great enabler of underground trade. I predict that bitcoin will work its way into everyones life over time (underground goods are better consumer value that don't carry tax burden). As for the one bank and their dying fiat we will have to wait and see if they can blame it on the "profligacy" of their government apparatchiks and come to the "rescue" of the ever gullible sheeple with a reset perhaps global fiat replacement. If Putin is to be beleived there won't be a world left to do a Bretton Woods type operation in major war one bank solution might be out and sheeple propaganda will have to be their game du jour. 

Fri, 01/23/2015 - 18:45 | 5698272 disgruntled hou...
disgruntled housewife's picture

The author presents it as an either or argument but in my opinion it is a combination. They are desperate to continue the party and what better way to continue then to poke a bear. No one will leave a party if the bear takes the bait and a war begins. Wars cannot be fought during an economic reset- that comes after. They are buying time. Due to their arrogance they believe they can survive and come out on the other end of war still controlling the financial paradigm.

The One Bank, as the author calls it, has been using the American Empire as its vessel. However they have failed to realize that the vessel is on life support. Its citizenry will not stand for a pre-emptive strike against Russia no matter how loud the drums are pounding. Russia seems to be taking the high road and ignoring the bait. The One Bank failed to realize that China would fill any gaps to keep Russia resolute and avoiding conflict.

The One Bank is a junkie- addicted to money and unable to control itself. It has its vessel on the ropes. Just like any junkie they are the last to realize they have a problem. The whole world can see that the Empire is staggering around. Russia sees it, China, India they all see it. The One Bank is the only one who cannot see they have an expiration date- their arrogance prevents it.

Fri, 01/23/2015 - 17:40 | 5698101 Two Theives and...
Two Theives and a Liar's picture

Definitely on the right track here IMHO...so much out there to back this up..such as the tungsten gold bars:

http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-...

the Chinese buying the largest gold vault on earth...right in the heart of Wall St:

http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buy...

missing Gold from WTC 7 ( a 50-story building that collapsed in free fall that no plane hit...I'm shocked how many Americans STILL don't know this!):

http://911research.wtc7.net/wtc/evidence/gold.html

..and so on...

"Gold is money...nothing else" - JP Morgan

Guess so....

Fri, 01/23/2015 - 18:12 | 5698207 SoilMyselfRotten
SoilMyselfRotten's picture

Yep, thar be a few behind the curve in our ol' USofA

Fri, 01/23/2015 - 13:45 | 5697291 rlouis
rlouis's picture

I haven't read anything recently drawing any correlations between the price of gold and the price of oil.  One of the most interesting series of articles I've read over the years were by "Another" - which related the price of gold to oil.  If the price of oil has been artificially high for some years as a payoff to the Sauds, and all other OPEC members, for keeping the dollar as the reserve currency, the reset of the oil price could be related to the suppressed price of gold - a way of letting the relative price of gold rise by reducing the oil price.  

Fri, 01/23/2015 - 13:40 | 5697273 RibbitFreedom
RibbitFreedom's picture

Great article.   I, too, cannnot find fault with the conclusions as I compare them to my own based on years of research.  

Fri, 01/23/2015 - 13:17 | 5697159 Sedaeng
Sedaeng's picture

enjoyed the read! thought provoking to say the least.

Fri, 01/23/2015 - 17:43 | 5698118 Cheduba
Cheduba's picture

One thought I do not want provoked is the image of millions of naked bankers running around.  Ew.

Fri, 01/23/2015 - 14:30 | 5697446 Citxmech
Citxmech's picture

The author presents a strong challenge to those who underestimate the "evil genius" of these fucks, and how effective they really are at the game they are actually playing (and hide so well).

Fri, 01/23/2015 - 13:00 | 5697098 SillySalesmanQu...
SillySalesmanQuestion's picture

Superb article! Love the One Bank/GS inference. The Squid always leaves its slime behind wherever they go.

Fri, 01/23/2015 - 13:00 | 5697096 rlouis
rlouis's picture

In the global race-to-debase-fiat, the US did Russia a favor.  Why?  In a parallel world, it would seem this sort of WWF wrestling match set up makes sense. 

Fri, 01/23/2015 - 12:48 | 5697051 Vooter
Vooter's picture

Line up the cattle cars...

Fri, 01/23/2015 - 12:34 | 5696993 Shanghai Observer
Shanghai Observer's picture

I think the author is engaging in a bit of wishful thinking. There is no evidence beyond speculation that the fall in the price of the ruble was engineered by Russia's enemies. On the contrary, there is ample evidence for the contrary, see: http://bit.ly/1x9iP5c

The same applies to the idea that Russia is being "pressured" to sell off its gold reserves. Beyond the random penstrokes of the occasional journalist, there is no evidence that this is even being remotely considered. Moreover, there is no immediate pressure on the Bank of Russia whatsoever to obtain additional dollars.

Fri, 01/23/2015 - 13:55 | 5697339 TheReplacement
TheReplacement's picture

There is nothing random in the penstrokes of the occasional MSM journalist.  When the MSM talks, everyone hears what the CIA wants them to hear.  Even if you don't realize it is the CIA that doesn't mean it isn't the CIA.

The CIA works for whom, as in who pays them?  Ultimately that answer is one word: bankers.

Fri, 01/23/2015 - 19:02 | 5698302 Shanghai Observer
Shanghai Observer's picture

You are obviously right about the fact that MSM penstrokes in any country are very rarely random. The penstrokes I was referring to were for the most part not of MSM origin, however.

It is notable that thus far the above comment got 19 down votes versus zero up votes. Wishful thinking clearly exerts a strong pull on people's minds. Unfortunately it does not tend to produce good financial returns.

Fri, 01/23/2015 - 16:43 | 5697878 Whalley World
Whalley World's picture

One other word - Drugs

Fri, 01/23/2015 - 13:47 | 5697295 Professorlocknload
Professorlocknload's picture

Might be the author is talking his book just a bit? Or do his funds not come under the classification of "Financial Assets?" Paper gold, as it were? How easy it would be for "One Bank" to roll the black SUV's on his offices if it deems appropriate?

Fri, 01/23/2015 - 12:37 | 5696887 Shanghai Observer
Shanghai Observer's picture

I think the author is engaging in a bit of wishful thinking. There is no evidence beyond speculation that the fall in the price of the ruble was engineered by Russia's enemies. On the contrary, there is ample evidence for the contrary, see: http://bit.ly/1x9iP5c

The same applies to the idea that Russia is being "pressured" to sell off its gold reserves. Beyond the random penstrokes of the occasional journalist, there is no evidence that this is even being remotely considered. Moreover, thanks to their ample reserves and low debt there is no immediate pressure on the Bank of Russia whatsoever to obtain additional dollars.

As for the author's suggestion that his one bank is motivated by desperation: maybe he's right, and maybe not. Where's the evidence?

Fri, 01/23/2015 - 18:53 | 5698291 Shanghai Observer
Shanghai Observer's picture

It is notable that thus far the above comment got 19 down votes versus zero up votes. Wishful thinking clearly exerts a strong pull on people's minds. Unfortunately it does not tend to produce good financial returns.

Sat, 01/24/2015 - 00:22 | 5699052 Gold is money -...
Gold is money - and bullets if your out of lead's picture

Or it could just be that your full of shit.

Fri, 01/23/2015 - 12:05 | 5696837 Latitude25
Latitude25's picture

Soros is extremely jealous because he knows he's going to die soon.  He can't buy his way out.

Fri, 01/23/2015 - 11:50 | 5696769 disabledvet
disabledvet's picture

MY HAIR IS ON FIRE!  MY HAIR IS ON FIRE!

Fri, 01/23/2015 - 11:56 | 5696802 Consuelo
Consuelo's picture

All 10 strands...?

Fri, 01/23/2015 - 11:45 | 5696731 Conax
Conax's picture

It's too bad for the banksters that they dragged the prices this low.  This is how I figured out they aren't omnipotent, or even the smartest guys in the room.  They are really just the best dug-in among the ticks.

Gold dropping from 1900 all the way down to 1100 was an emotional tantrum, an over-reaction.  More and more folks sense that gold and silver are a steal at these levels. More silver coins are being snapped up than ever before, by waves of neophyte stackers.  (The old stalwarts have been all-in for a while now) Had they not gone apeshit with their whack hammers they wouldn't have drawn in all this new meat the way they've done.  Not to mention the Indians buying everything in sight. 

Now they have to go after gold held by sturdier foes.  All because it's so cheap, beaten down relentlessly.

Great article, gave it all 5.

Fri, 01/23/2015 - 15:49 | 5697690 TSTM
TSTM's picture

"They are really just the best dug-in among the ticks."

 

Succinct metaphor. Up x 5 for that one.

Fri, 01/23/2015 - 11:23 | 5696632 Mike Honcho
Mike Honcho's picture

Good job bringing Libya into it.  Just to add, they also privatized their oil, which prior the government shared the profits with public investments.  And they got Tony Blair to get the banks inside as well.

Fri, 01/23/2015 - 10:28 | 5696367 luckylongshot
luckylongshot's picture

Great article. I cannot fault it. Down with the One Bank!

Fri, 01/23/2015 - 11:03 | 5696540 prefan4200
prefan4200's picture

I agree, very thought-provoking article.  Some dots there I hadn't yet connected and am not sure they are connected, but need to think about it and keep researching.  Very interesting theories indeed.  Thanks !

Fri, 01/23/2015 - 11:21 | 5696617 USisCorrupt
USisCorrupt's picture

I wish I still cared for this worthless Banking system like so many still seem to for some reason.

 

Other than the pain and suffering for thoses who do without I could care less until the headline reads the Whole Worthless System Implodes and NOTHING is left.

Fri, 01/23/2015 - 13:34 | 5697236 KnuckleDragger-X
KnuckleDragger-X's picture

The argument is somewhat over the top, polemics doesn't help make the case except for people who have already made up their minds.

Fri, 01/23/2015 - 15:13 | 5697582 MisterMousePotato
MisterMousePotato's picture

This was a great article until he wrote "all that the world will then see is a lot of naked bankers."

I mean, I know that was supposed to make me feel better and all that, but ...

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