mamboni
13th May 2010, 08:03 AM
GOLD SEEN AS ZERO RISK REFUGE
No charts are necessary. A thousand words might suffice, rather than six charts showing Gold breaking out to new highs across the world. Some major points scream to be told. Here is a list:
Gold is rising in every single major currency
Gold is not a hedge against price inflation, but rather against ruined monetary system
Gold is making new highs in almost every single major currency
Gold had consolidated in price for four months, the base for breakout
Gold will reach $2000 in price within the next two years time
Gold is desperately needed to anchor the failed fiat paper currency system
Gold is planned for a component role in the new Northern Euro currency
The sovereign debt crisis has fueled demand for Gold without the full realization that the central bank franchise system has failed along with the fiat currencies
Quantitative Easing is monetary hyper-inflation, the fuel of the Gold rally
Gold is urgently needed as a bank reserve to ensure proper function
Gold contains no inherent counter-party risk
Gold is in the midst of vast supply shortages
The Gold Cartel is seeing defections among its allies, who are buying gold bullion after the cartel knocks down the price
Nations are hoarding their gold mining output, the latest possibly Venezuela
Gold is seeing panic buying in parts of Europe, like Austria
Gold mining output is trending down for the past few years
Gold was by far the #1 investment asset in the entire 2000-2009 decade
The US Dow Jones Industrial Average is in multi-year decline, in Gold terms
Gold is protected from human corruption, except in its theft and hollow replacement
Gold market is receiving heavy scrutiny for corrupt metal exchanges
The London Bullion Market Assn has been in default since December, bribing on delivery demands to receive cash settlement with a 25% premium paid
The GLD gold exchange traded fund is a corrupt diversion from metal ownership
Hong Kong is soon to offer several exchange traded funds for Gold
Gold can and does rise in price concurrently with the USDollar
Future payment for oil shipments will require a gold-backed currency
New barter systems of trade will contain a gold core component
Gold is the ultimate safe haven asset
The USTreasury has no gold reserves, as Fort Knox is empty, since the Clinton-Rubin gang leased it and sold it all
PIGS nations have more gold reserves than the United States
Switzerland and Canada have almost zero gold in national reserves
The IMF gold sales are lies, actually closed out USGovt gold short transactions from past years when the Clinton-Rubin gang leased gold for sale
Gold leased from the Italian central bank was lost by LongTerm Capital Mgmt
Bear Stearns was targeted for a kill, since it was long in gold, defying Wall Street
China participates with the IMF sideshow game in order to buy its gold pledges
If Gold were revalued at 3x to 5x the price, many national banking systems would be restored to health and solvency
Price hyper-inflation is the likely next blemish on the US landscape, which will fuel broad public gold demand
Any attempt by the USGovt to confiscate gold would result in a gigantic backfire, with the gold price doubling in price, and US foreign assets subjected to freezes
Gold will reach its high range when US bankers along with London bankers face a Nuremberg style criminal trial on the global stage
Prepare for the arrival of a small group of new Gold-backed currencies, the USDollar death knell
As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1913, "Gold is money, and nothing else"
No charts are necessary. A thousand words might suffice, rather than six charts showing Gold breaking out to new highs across the world. Some major points scream to be told. Here is a list:
Gold is rising in every single major currency
Gold is not a hedge against price inflation, but rather against ruined monetary system
Gold is making new highs in almost every single major currency
Gold had consolidated in price for four months, the base for breakout
Gold will reach $2000 in price within the next two years time
Gold is desperately needed to anchor the failed fiat paper currency system
Gold is planned for a component role in the new Northern Euro currency
The sovereign debt crisis has fueled demand for Gold without the full realization that the central bank franchise system has failed along with the fiat currencies
Quantitative Easing is monetary hyper-inflation, the fuel of the Gold rally
Gold is urgently needed as a bank reserve to ensure proper function
Gold contains no inherent counter-party risk
Gold is in the midst of vast supply shortages
The Gold Cartel is seeing defections among its allies, who are buying gold bullion after the cartel knocks down the price
Nations are hoarding their gold mining output, the latest possibly Venezuela
Gold is seeing panic buying in parts of Europe, like Austria
Gold mining output is trending down for the past few years
Gold was by far the #1 investment asset in the entire 2000-2009 decade
The US Dow Jones Industrial Average is in multi-year decline, in Gold terms
Gold is protected from human corruption, except in its theft and hollow replacement
Gold market is receiving heavy scrutiny for corrupt metal exchanges
The London Bullion Market Assn has been in default since December, bribing on delivery demands to receive cash settlement with a 25% premium paid
The GLD gold exchange traded fund is a corrupt diversion from metal ownership
Hong Kong is soon to offer several exchange traded funds for Gold
Gold can and does rise in price concurrently with the USDollar
Future payment for oil shipments will require a gold-backed currency
New barter systems of trade will contain a gold core component
Gold is the ultimate safe haven asset
The USTreasury has no gold reserves, as Fort Knox is empty, since the Clinton-Rubin gang leased it and sold it all
PIGS nations have more gold reserves than the United States
Switzerland and Canada have almost zero gold in national reserves
The IMF gold sales are lies, actually closed out USGovt gold short transactions from past years when the Clinton-Rubin gang leased gold for sale
Gold leased from the Italian central bank was lost by LongTerm Capital Mgmt
Bear Stearns was targeted for a kill, since it was long in gold, defying Wall Street
China participates with the IMF sideshow game in order to buy its gold pledges
If Gold were revalued at 3x to 5x the price, many national banking systems would be restored to health and solvency
Price hyper-inflation is the likely next blemish on the US landscape, which will fuel broad public gold demand
Any attempt by the USGovt to confiscate gold would result in a gigantic backfire, with the gold price doubling in price, and US foreign assets subjected to freezes
Gold will reach its high range when US bankers along with London bankers face a Nuremberg style criminal trial on the global stage
Prepare for the arrival of a small group of new Gold-backed currencies, the USDollar death knell
As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1913, "Gold is money, and nothing else"