Jim Sinclair on King World News "Switzerland Bank Refused A Wealthy Person their Allocated Gold Stored" People's stored Gold at Banks not there.

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!  

Metal shorts get Wiped out and Lost everything! Manipulation of metals over?

This is one of those bits of information that just makes you want to cry for the big Wall Street banks....... As I am bending over and laughing!

Seems the Big Shorts of metals have gotten wiped out and some have lost everything, according to a London trader on King World News.

Can we just feel so sorry for them?   hhmmmmm.............
NOPE!



They have manipulated the markets for decades and have made billions doing so.  I sincerely hope they have been wiped out. 

The question is....  Is the manipulation of metals over with? We do know for the past 3 days they have not had control of gold.  They have still controlled Silver, but hopefully the demand will cause that to stop soon.  Hopefully they will be wiped out even bigger and harder with Silver, than they have been the last few days with Gold.

Small portion From Article:

“Well what’s happened with the shorts that were in there is they were absolutely crushed on that overnight rise on Monday.  There were some margin calls on some serious players.  There were some anguished faces on Monday. 

These guys in London woke up with their asses handed to them and I don’t think some of these guys will ever be short again, if they are still in business. 

I mean literally lost everything.

Got Gold Stored at a Bank? You may want to Rethink that - King World News Story - Jim Rickards - Bank did not want to Give Personal Stored Gold to Someone!

Jim Rickards second part interview on King World News - at about the half way point, tells about someone who had Personal Gold stored at a Swiss Bank and the Bank did not want to give up the gold.  The person had to get Lawyers involved to get his own stored gold.  It took 30 days with threats of a lawsuit, going public etc. for the bank to give the gold to the owner.  Jim Rickards thinks the bank had actually either leased out the gold or had sold it.  It needed that 30 days just to find gold for that owner.

You can listen to the story at this link - about the half way mark of the 2nd part interview with Jim Rickards.

Jim Rickards From Omni Inc. On King World News - Discusses The Foreclosure FRAUD of Banks and WHY it is FRAUD - though Banks are Trying to Spin as Paperwork Irregularities!

Excellent Interview on King World News with Jim Rickards the interview is about the Foreclosure Fraud of the Banks and Why they are claiming paperwork irregularities! 

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/10/20_Jim_Rickards.html