Besides the countries that are trying to get their gold back from New York and London, wealthy individuals are beginning to want their gold. I have a feeling they are going to want it even more now.
On King World News, Jim Sinclair told Eric King yesterday, a wealthy and affluent person Jim Sinclair knows, wanted their allocated gold, they had a Switzerland Bank storing for them out. The bank has outright refused to give them the gold, saying due to "Anti -Terrorism and Anti -money laundering laws."
That is the excuse banks will give people no doubt in the future if they want their money or anything else stored. I believe this will eventually get to safety deposit boxes. We already know bank accounts are at risk now.
How many very wealthy people have gold stored in banks that is suppose to be allocated for them and they have been paying storage charges on? How many are going to try and get their gold out and be told "No, sorry." So... the banks will have the money for the gold, the gold and charge the customer storage fees every month for that "gold" but will never be able to see it or touch it?
The banks are out of Gold!
I believe things are going to get very interesting now.
The interview of Sinclair is at KWN.
People need to see the writing on the wall. Anything you have in the bank, the bank can and will refuse you, when you want it back. Get out of the banking system! They are more desperate and what is yours, is theirs!
I have not been able to find if Texas is able to get their gold from the N.Y. Fed, since it was announced they wanted it back in March.
We know that Germany is not even able to get 70 tons of the 300 + tons of their "allocated" gold from the Fed for 7 years.
Chavez of Venezuela was very smart asking for his gold back a couple of years ago.
Remember those who delay will lose out, those who act first win as Chavez did. He will probably be the first and last of someone who won in getting their gold from the Fed or a Central bank.
I will say... if you have anything in a safety deposit box at a bank, get it out.
The government has now through "anti terrorism laws" can confiscate any safety deposit boxes without warrants or real reason and they can keep all items in it, including gold and silver and guns.
According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that “under the Patriot Act” the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make “periodic and unannounced” visits to any bank to open and inspect the contents of “selected safe deposit boxes.”
Further, the DHS “shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence” any of the following items “bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature.”
I will say again: NOTHING IN THE BANKS IS YOURS! NOTHING IS SAFE IN A BANK. You will be keeping anything there at your own Risk!
This story isn't credible.
ReplyDeleteAre we to believe that Jim Sinclair's friend simply gave up? That the bank said he couldn't have his gold, so he just gave up, told his friend this story, and went home?
WHICH banks? Credit Suisse? UBS?
WHAT anti-terror law? WHAT specific statute? WHAT is the name of the supposed law?
This is an uncorroborated, unverified story from Jim Sinclair, whom we 100% know is part of the Rothschild dynasty.
Sinclair trying to expose "them"? He is one of them!
wakeupfromyourslumber.com/blog/pandora/outing-jim-sinclair-sinclair-rothschild-goldman-sachs-lehman-bros-connections
The article didn't say the friend gave up at all! The article states what just happened, I have no doubt that the person would be getting lawyers right now. The information is about what JUST Happened, it is only the beginning, not the end.
DeleteSo to try and say it is not credible, is wrong. You are not understanding it just happened.
People need to get their gold, money and safety deposit boxes OUT of the banks!
If you don't believe this... then you haven't been paying attention to what is going on in the world, including Cyprus. It is VERY credible!
I also have been questioning the rants of the "GOLDBUGS" and their daily chants of the sky is falling. Can you imagine that all value of the dollar just dissapears over night? I believe that what will happen is a slow shift towards a gold backed dollar. Gold will be priced at a certin level and can then be exchanged for new currency. The people running "the system" will never allow a total collapse. I also own gold so this is not an anti-goldbug spouting off. One of the comments I read on your blog yesterday made a lot of sense concerning David Morgan. If metals are so precious,then why are metal dealers selling them? The dealers are accepting paper fiat for gold and silver. Makes you start to question what Sinclair and the whole metals industry are really selling.
ReplyDeleteThat is because the metal dealers buy gold and silver below spot price, and sell it at fair market values. They are not in it for the paper, they are in it for the profit. Most of the metal dealers, have personal stash in PM's, but as it stands now, paper buys gas and grocery's. They got to eat and go just like everyone else.
ReplyDeletePaper buys groceries and gas? Sounds like it's not so worthless after all.
DeleteShortage of gold and silver? What shortage? Read this: http://globaleconomicanalysis.blogspot.com/2013/04/us-mint-runs-out-of-smallest-american.html
ReplyDelete