TRUE VALUE OF GOLD PRICE DISCOVERY

◄$$$ GOLD SURGE COMETH FROM PHYSICAL SHORTAGES. THE LONDON METAL EXCHANGE IS OFFERING A CASH 25% DIVIDEND FOR GOLD SETTLEMENT OF FUTURES CONTRACTS IN LIEU OF LARGE VOLUME DELIVERY. THAT MEANS DEFAULT, AND AN ACTUAL CURRENT GOLD PRICE OF $1300 PER OUNCE. $$$

A surge in the gold price cometh, perhaps imminently. In the next several weeks, the gold price might jump quickly to the $1500 level. A contact with excellent access to gold transaction information and developments has shared that the sharp price rise could come very soon "due to certain transactions that are being consummated at this very moment. Even if the Boyz try to hold own or depress the price, it will do them no good. The pressure that has been built up is uncontrollable. We shall see some big banks hit the wall very soon (weeks/months). The market will take over in very short order from here on forward." He has been consistently right about many events, but the timing is always a grand challenge. A phase has begun to remove illicit corrupt controls on the gold & silver market, from demand of physical bullion.

The same source told a story about events at the London Bullion Market Assn from two weeks ago. That market is to London what the COMEX is to the United States, both deep in corruption and government interference, lacking any remote measure of proper contract collateral enforcement, where grossly inadequate metal inventory exists to maintain their charades of markets, each dominated by paper pricing. They manage paper markets for syndicates in total illegal operations, aided by governments. Several large gold futures contract holders are demanding physical delivery in London. The LBMA does not have the metal in inventory. The officials have offered the futures contract holders cash plus 25% dividend for settlement without gold delivery. The contract holders refused. They want their fuchn gold (using a French term by the source, my own palatable spelling)!! There was very high volume involved in the contracts, as in millions of ounces. The standoff is not settled, festering without resolution. The case could go to court. The London authorities are trying desperately to keep the story from hitting the press. It helps to have the syndicate in control of the press networks. The Bank of England and one other European member central bank are working feverishly to fill the contract order, but unfortunately they are using very old gold bars that are reportedly only of 90% gold purity. That invites a new potential challenge to compound the claimed fraud.

The gold market could soon explode and possibly work toward a convergent fair market. My hint is that it is Germans and Swiss with other Europeans are working diligently and pointedly to kill off the US-UK bank nazis. A LBMA and COMEX bust and default is visible on the horizon. See the Jackass article entitled "Hitman Contracts to Bust Comex" (CLICK HERE) dated on May 27th. It would include a big bank ruin and legal prosecution. Events are falling into place, slowly but surely. The same source hinted that the ruin of commodity exchanges could coincide with the bust of JPMorgan. So, based upon the London incident, gold has a real price of near $1300. GOLD IS WORTH $1300 PER OUNCE!!

The owners to the LBMA will likely pressure the contract holders. Maybe some threats will be personal as usual, like we will kill you or your children. If you think such threats are silly to cite, then consider this. Precisely such threats were given to presidential candidate Ross Perot by the Clinton gang during the election process in 1992. This is typical syndicate behavior that goes hand in hand with bond fraud and narcotics trafficking. Maybe the LBMA owners will cut loose the commodity exchange members and let them face ruin. Maybe they will see the pattern and cut their losses. My belief is that the syndicate heads will try to influence the politicians and regulators in order to corrupt the exchange further, like change contract and delivery rules, weaken contract holder rights, and impose limits if not members of the inner sanctum. Maybe they will permit delivery of Exchange Traded Fund gold and silver shares from the cartel syndicate chambers. It will certainly be interesting and intriguing.