You are here
GEAB letter: What happens when the paper gold fraud is understood?
11:30a ET Thursday, June 6, 2013
Dear Friend of GATA and Gold:
The Global Europe Anticipation Bulletin (GEAB), the economic newsletter published by the European Laboratory of Political Anticipation, seems to have figured out the gold price suppression scheme and particularly the fraudulence of paper gold.
In its May 16 edition, the GEAB says:
"Whilst paper gold saw a scary crash in mid-April, the demand for physical gold has never been as high, which confirms the complete decoupling between the paper gold and physical gold markets. What happens when everyone realises that paper gold certificates have no physical counterpart? When the title document to an ingot can't be honoured? The paper in question has no value.
... Dispatch continues below ...
Is your gold safe, secure, and guaranteed?
Why storing it in Canada may be right for you
Canada is one of the safest places to store bullion because of its prosperity and economic and political stability. By vaulting your bullion with Sprott Money's Canadian storage program, you guarantee that your metals are stored securely and privately with little risk.
-- We store with Brink's, a private and non-bank storage facility renowned for its integrity, security, and efficiency.
-- Your precious metals will be safe under the protection of Brink's world-class technology and infrastructure.
-- Your precious metals will be fully insured by Brink's and Sprott Money. In the unlikely event of loss, theft, or physical damage to your metal, you will be fully compensated.
Sprott Money is a recognized and trusted name in the precious metals industry. For more information, please visit:
http://www.sprottmoney.com/store-with-us
"We must therefore expect more volatility in the paper gold price. This is why some brokers won't allow any leverage on paper gold positions. This decoupling also shows that major problems are ahead because confidence has now been shaken.
"However, physical gold itself has its best days ahead. China has clearly understood this and buys gold en masse.
"This strong demand is not trivial: On the one hand it reveals China's strategy to exit the dollar and, on the other, its wish to protect itself from a coming shock and, finally, the anticipation that the possession of gold must accompany the internationalisation of the yuan. In effect, the possession of gold gives the yuan credibility at international level, not to mention the assumption that gold would be an integral part of a new international monetary system.
"Because this is the BRICS strategy: gradually building a world system where they would have greater representation, especially by moving from the dollar and using their own currencies for trade. And in stages, this movement, which can seem slow but which in reality is extremely rapid on the level of the changes to be made, allows the centre of world gravity to be moved, and the emerging nations are becoming increasingly essential as the world moves forward. This is the essence of the 'global systemic crisis' described and anticipated step-by-step by the GEAB for the last seven years.
"Obviously, this movement can take place only having a corollary: the loss of influence in the West and in particular the United States."
The full edition of the GEAB letter is posted here:
http://www.leap2020.eu/GEAB-N-75-is-available-Systemic-crisis-2013-with-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Join GATA here:
Liberty Mastermind Symposium
Double Tree Hotel, Dallas-Fort Worth Airport
Friday-Saturday, June 28-29, 2013
http://www.libertymastermind.us/
* * *
Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
