Fake gold-angry chinese

[pineal-pilot-in merkabah]

http://www.financialsense.com/fsu/ed...2009/1118.html

also ties in with fulfords info interestingly.

[artvision]

Originally Posted by pineal-pilot-in merkabah

http://www.financialsense.com/fsu/ed...2009/1118.html

also ties in with fulfords info interestingly.

Hi Pineal,

This is a great story, and important to be spread and well-known, as many people are these days in metal buying, to preserve their devaluating wealth. Who knows, what they may end up with from these crooks bankers and gold traders.

Thank you!

[Connecting with Sauce]

This is all discussed by Andrew Gause for those interested in listening rather than reading. I listen to these podcasts on the way to and from work

http://www.oneradionetwork.com/blogc...d_of_money%94/

summary it is all a play and the chinese banking system is as controlled by those at the the top of the pyramid scheme... They are aiming for a slow collapse so they can milk the system where ever it is...

Funnily enough Andy does recommend physcial silver and gold investing but as a fundamental investment over the next 3-5 years until the iunterest rates are higher... Well worth a listen for those with anything left that they wish to try and preserve. He recommends NOT paying off your mortgage and being debt free... leverage your debt and put the risk with the bank not with your selves...

Anyway the link is there for anyone who want to take a listen.

[micjer]

$$$ THE BIGGEST GOLD CRIME STORY OF THE CENTURY MIGHT BE SOON COMING TO FULL LIGHT. EVIDENCE IS BEING ACCUMULATING THAT THE CLINTON ADMIN WITH RUBIN AT USDEPT TREASURY REPLACED PERHAPS THE ENTIRE CONTENTS OF THE FORT KNOX GOLD WITH TUNGSTEN BARS PLATED BY GOLD. THE SALTED GOLD BARS ARE FASTING BECOMING A GLOBAL CRIME ISSUE. HONG KONG DISCOVERED THEM, AND NOW ASSAYERS ARE TRYING TO AUTHENTICATE MOST OF THE GLOBAL GOLD HELD IN BANKS. ENTIRE NATIONS ARE AT RISK. BEFORE LONG THE USGOVT COULD BE DECLARED A ROGUE NATION INTERNATIONALLY. $$$

http://www.stevequayle.com/News.aler...breakdown.html


Now if you are familiar with futures trading you will know that when someone takes a position in the market , (buy or sell gold) you take the opposite position to balance out the position before the expiration date. (futures month)

Now if you don't cancel it out you either have to come up with the amount of gold that is stated in contract, (one contract is 5000 ounzes) if you sold gold or you have to take physical delivery if you bought gold . Normally everyone makes sure you have your position cancelled out and very little ever gets to this delivery stage.


Now the interesting thing is that China is using the futures exchange to buy positions and is demanding delivery of physical gold!!!! This is how this scam was exposed when they checked the bars for authenticity. No different then a drug dealer checking his cocaine!!!!


Some heads are going to roll before this is over .. Can't wait.