01Google +00 -- Published: Wednesday, 27 March 2019 |Print |1 Comment
A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel).All three forces are positive in releasing Gold from the corrupt clutches of the Anglo-American banker organization. The West has an all-out blitz to ditch the USDollar and to adopt the Gold Standard in its early form, namely trade payment. In the last ten years since the Lehman Brothers failure, all systems have undergone the same reckless treatment that the mortgage bonds endured. Slowly the realization is coming to the fore, stated by a few astute analysts.In the last decade, the US-UK banksters have created the USTreasury bond as the global subprime bond. This is the result of astounding persistent magnificent QE abuse, debt explosion, and hidden corruption.The so-called financial stimulus is actually hyper monetary inflation, which has destroyed the bond market. There are no legitimate USTreasury buyers outside the US foreign vassal states.
PERFECT FINANCIAL STORM
The perfect financial storm will be three to five times worse than the 2008 financial crisis that engulfed the subprime bond market.The corporate bond market is turning gradually into a $trillion BBB junk bond field and broken bone yard, after years of abused bond issuance devoted to share buybacks and executive options. It can be stated with accuracy that the entire global bond market is subprime, led by the USTBonds.In the last ten years, absolutely nothing has been fixed, no remedy even attempted, while all the errors, crimes, and reckless monetary policy that created the Lehman fiasco with the Global Financial Crisis, have been repeated on a global scale. Debt has exploded globally, and especially in the USGovt finances. The great unfolding crisis will engulf sovereign bonds, national banking systems, and major corporations. For the last ten years, the USD-based money supply has almost tripled. The process created a coiled spring. The Gold price is due to triple in compensation. Much lost time will be made up for. It just needs some internal, external, and systemic pushes. The Gold market will never let a crisis go to waste; it will respond.
The unfolding global crisis will expose the USTreasury Bond as toxic, the new subprime bond. It will struggle to maintain the safe haven status, but lose the battle. Gold will assume the safe haven status, along with other undetermined hard assets.Attempts by the Basel bunch of uber-bankers, who have no official authority over the Western central banks, will change the course of banking history. That Gold is made a risk-free Tier-1 asset will put forth a direct challenge to the USTBond in banking reserves.All systems will change.
GLD FUND FLASHING SIGNAL OF SHORTAGE
The GLD Exchange Traded Fund can serve as a very reliable early warning signal for a very tight gold supply, and corresponding Gold price upward moves. It signals shortage and tight supply now, with a divergence between London Gold price versus GLD Fund inventory in tonnage.
Consider a lesson on the GLD Exchange Traded Fund. Some preliminary remarks are necessary. It is a fund to deceive the public, whose prospectus is routinely violated by the London banksters.The GLD Fund is used as a magnet for naive ignorant lazy investors, lured to think they own gold. While they might enjoy the upside potential in the Gold price, their investment is a major vehicle used to keep the price down.Its inventory is raided by the US-UK banks, and sold into the market in regular frequent events. The big investors are often denied access to physical gold delivery, since not club members at the big banks, a violation. Nobody enforces the rule. The inventory contains real gold metal, but it is a massive vat for discharge into the market in pure price suppression by the criminal banker set. They manage the fund like a criminal slush fund.With each raid on the GLD vault, the LBMA official Gold price comes down. Notice the tight correlation in the graph below, except in recent months.
Evidence is clear.A divergence can now be seen, from the clear signal between the LBMA Gold price and the critically low GLD vault inventory.The Gold price is going up, while the GLD inventory is going down. Since three months ago, the divergence has begun to show itself. The chart shows data through February of this year.
|
