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The Banker's New Gold
Written by Jeff Nielson Wednesday, 14 December 2011
We know from Jeffrey “I can’t keep a secret” Christian of the CPM Group that the gold market is leveraged by approximately 100:1. Yet just as every new lease increases leverage in the gold market, closing out any lease would reduce leverage by a corresponding amount. The combination of the permanently rising leverage, and the permanently rising short position provide irrefutable empirical evidence that little if any of this “leased gold” is ever repaid.
We can reinforce this conclusion further through common sense, and a basic observation of bankster behavior. Specifically, bankers never reduce their leverage voluntarily – the exception being short-term panic reactions each time their reckless gambling (again) pushes them to the verge of their own bankruptcy. However, as noted above there is zero empirical evidence that the banksters ever reduce their leverage in the gold market on even a semi-permanent basis.
Having supplied several powerful reasons as to why the bullion banks love to “lease” their gold (i.e. sell it to multiple buyers) begs the question: why aren’t the bankers always “leasing” vast amounts of gold to suppress the price? Hopefully that answer is obvious to regular readers. If you want to loan ton after ton of gold onto the market, you must have some original bullion to lend into the market in the first place.
Here is where we come upon a seeming paradox with respect to the recent explosion of gold leasing. We know that the banksters have virtually run out of their own bullion, as the evidence is absolutely conclusive. The same Western central banks which were openly selling 500 tons of gold per year onto the market every year have now all totally ceased their gold sales. They have no more gold…or at least they had no more gold.
Yet here we have the same bankers directly implying that suddenly they have lots of gold. It makes no sense to announce “the greatest sale on gold in history” – only to run out of inventory after the few first customers have bought their fill. Clearly the bankers have some new gold. This begs an even more obvious question: where did they get it?
Here, unfortunately, we must descend into speculation. [...]
North Korean dictator Kim Jong Il was murdered Saturday as part of a major power struggle in East Asia, according to Asian secret society sources and Japanese military intelligence. The murder of Kim was followed by a series of arrests of senior police officials in Japan linked to North Korea as well as the ouster of six CIA agents, the Japanese sources say. The death has left Yasuhiro Nakasone, the top North Korean and Rothschild agent in Japan, without a power base, Japanese underworld sources say. In North Korea, meanwhile, there is now a succession battle taking place between the Rothschild faction, who want to place their trained stooge Kim Jong Un in power and set up a Rothschild central bank versus a military clique that wants independence from Rothschild control, Rothschild and Japanese underworld sources say. The action is Asia is linked to a worldwide takedown of the satanic cabal that has been trying to create a global dictatorship.