Re: BIS collects a lot more gold, but from whom?
in response to
by
posted on
Oct 13, 2010 11:38AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
I marvel daily (yearly now) at the "opaqueness" of the world gold holdings, I'm sure, just like so many ECU holders....as we watch gold and silver soar against the backdrop of low volume trading and the sickly countenance of the trading in the JPM sector... buried in suppression, fraudulent activities, naked shorting and all the rest...that we have been aware of for years now. All lies, spin and criminal malice.
Let's see, HSBC...gold, ETFs, custodians, subcustodians, duplicitous holdings, swaps, derivatives, mint shortages, delivery settlements in cash with cash bonuses, late delievries, etc. ...and suddenly tons of gold magically appear in the BIS holdings...all the while a guy named "Truman" suggests loudly that the US sell its "gold reserves" before it is officially discovered that there are no gold reserves. Sell and inventory the same ounce of gold a hundred times over...Jeffrey Christian, Cartel apologist and "gold expert" even admittted it at the CFTC hearings. Ho hum. Short the "Ho" out of the gold "HUM" stocks ... that otta fool them... while simultaneously, credible experts are shouting that the gold stocks are a screaming buy here with multiples to upside on deck.
Everyone with a passing whiff of "the game" knows what is transpiring. Its now an "in-your-face" environment ... so "go to hell whistleblowers...bet with the bad guys...buy JP Morgan with their upbeat news today in the face of the nuclear foreclosure eurption underway and massive balance sheet irregulatiries..."we will bury you."..as per the following from Jesse: http://www.jessescrossroadscafe.blogspot.com/
"To put it crudely, the US wants to inflate the rest of the world, while the latter is trying to deflate the US. The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create. What needs to be discussed is the terms of the world’s surrender: the needed changes in nominal exchange rates and domestic policies around the world."
Just another day in the markets. Can't say its boring.