World Bank: –ALL GOLD IN FORT KNOX IS LEASED– ( & Is No Longer Included In Reserves…stock market crash in october..)
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Subject: World Bank: –ALL GOLD IN FORT KNOX IS LEASED– ( & Is No Longer Included In Reserves…stock market crash in october..) Fri Oct 04, 2013 7:48 am
World Bank: –ALL GOLD IN FORT KNOX IS LEASED– ( & Is No Longer Included In Reserves…stock market crash in october..) Oct04 on October 4, 2013
Is this a coincidence this is all to happen during a government shut down? will we have a false flag or ww3 because this is the exact scenario which insiders have been warning for all year.
This is big. Really, really big.
http://data.worldbank.org/indicator/FI.RES.TOTL.CD United States 294,045,678,447 (2008) 404,098,902,069 (2009) 488,928,295,253 (2010) 537,267,272,428 (2011) 139,133,877,266 (2012)
World bank values gold at Year-end London fix. In 2011, that was $1,531 / Oz.
The Federal Reserve says there is 241,000,000 ounces of gold in Fort Knox (& associated vaults)..
That would value the gold at $368 Billion in 2011.
In 2012, the year-end price was $1,657 yet the reserves FELL to only $139 Billion!!!!
So, for 2012 if the Wold Bank has not included Leased Gold in the foreign reserves, then the drop from $537 Bn -> $139 Bn = $398 Bn equates to ALL the US gold (remember, around $368 Bn of gold).
IT IS ALL LEASED!!!
THEY CAN’T HIDE IT FOR MUCH LONGER
Tuesday saw 40 tons of Gold sold in 3 separate 1 minute intervals and exactly 1 minute after the pre COMEX open, again 1 minute after the COMEX open and then again 1 minute after the London morning fix. These sales accounted for over $27 of the $40 loss.
Another ‘rational’ seller at work, trying to get the most $$$ for their paper gold:
Today’s $30 up move has had not one single outsized volume “minute” of trading other than 1 minute overnight that saw selling, not buying. Just steady buying.
LEASING IS A SCAM!
When gold is ‘leased’, someone else (Usually a bullion bank) takes delivery and SELLS the gold.
(ASIDE: why do this? — because they get the $$ in from the sale and buy an asset returning e.g. 3% if they buy a Treasury Bond with the $$$. They hope to buy the gold back at the end of the lease, and will often paper-hedge the price risk.)
A person buys that gold from the bullion bank and puts it in the safe. They own it.
BUT the Central Bank also says it owns it!! Thus the gold is counted twice.
(4) gold (including gold deposits and, if appropriate, gold swapped)
House Republicans Plan To Link Debt-Limit And Shutdown Into One Fiscal Fight House Republican leaders plan to bring up a measure to raise the U.S. debt-limit as soon as next week as part of a new attempt to force President Barack Obama to negotiate on the budget by merging the disputes over ending the government shutdown and raising the debt ceiling into one fiscal fight. This is not what most sell-side strategists expected as a base-case; in fact it is close to a worst-case for many (this could be the big kahuna. If the debt limit fight is not resolved upwards by 17th Oct, hell will ensue.) — you saw already 1-month T-bills yield rise by 650% today, on the off-chance that the rollover of that debt gets defaulted on in a month’s time.
Standard & Poor’s says October 17th is “Sovereign Default” day for America – market ‘hysterics’to follow!
S&P has already warned this week that political brinksmanship is exactly the reason that the United States has never recovered the top-of-the-line AAA credit rating it lost two years ago. If the Oct. 17 deadline passes without a deal on the debt limit, S&P warned that it could classify the United States as being in “sovereign default.”
Subject: World Bank: –ALL GOLD IN FORT KNOX IS LEASED– ( & Is No Longer Included In Reserves…stock market crash in october..) 
Fri Oct 04, 2013 7:48 am
says there is 241,000,000 ounces of gold in Fort Knox (& associated vaults)..
