We continue to put our puzzle together on Gold market manipulations and The Wealth Transfer of the century organised by the Central Banks. GATA has reported this week very important information confirming our previous discussions and showing why China is accumulating all the Gold they can get now.
Rothschild Conspiracy International Banking Cartel and The Federal Reserve
"These days Cartel is feeling the heat at least in the Gold market, but will we ever have the real choice and free markets - you will decide. We will provide as much information as we can that you will not be left behind during the Great Wealth Transfer of this century and will understand the place for Gold in this ultimate Ponzi scheme run by the Central Banks."
Silver & Gold - Hidden Secrets Of Money - Seven Stages Of Empire
What Is Our Money And Why China Plans To Move To A Gold Backed Yuan Currency.
"We have more and more news coming out about the tectonic shift in geopolitical landscape and ongoing Currency Wars. China learns very fast, even if Maestro Greenspan has already forgotten the ancient wisdom. Further education will help to understand our flawed monetary system and the value of gold for the investors even if Bernanke, who is busy destroying the US Dollar with the FED "does not have any clue about it."Gold Manipulations: GATA's Chris Powell on Suspicious Activity at the BoE & JP Morgan's Commodity Exit
"The story about "Missing 1300 Tonnes of Gold from BOE" is making its way to the mass media. Situation for LBMA participants is getting from bad to plain desperate according to the findings by Alasdair Macleod and ZeroHedge."
GATA:
China publicized Western gold market rigging just hours after April smash
9:55p ET Wednesday, August 14, 2013
Dear Friend of GATA and Gold:
On April 16, just hours after the smashing of the gold price by the dumping of so much gold and gold futures that it could have been instigated only by Western central banks, the Chinese government news agency China Network Television appears to have published a long commentary reasserting China's awareness of the constant efforts of Western central banks to rig the gold market by leasing gold.
Diplomatic cables from the U.S. embassy in Beijing to the State Department in Washington, published by Wikileaks in 2011, extensively quoted Chinese government press reports from 2008 and 2010 about Western central bank efforts to suppress the price of gold to support the U.S. dollar:
What seems to be the new Chinese government press commentary, posted this week by the blogger Koos Jansen at his Internet site, also notes the difficulty of the German Bundesbank in retrieving the gold it has vaulted at the Federal Reserve Bank of New York. An Internet translation of the Chinese commentary that has been posted by Jansen is, predictably enough, largely incoherent, Chinese requiring a lot more massaging into English than computer programs can yet do well, but the translation is enough to show that China is scrutinizing the gold market, is familiar with the latest developments and details, and long has known exactly what is going on.
Indeed, it may be suspected that China actually cooperated with the Western central banks' smashing of the gold price in April on the understanding that China then could join in the purchase of sharply discounted gold unloaded by panicked Western investors. The Chinese government also may have chosen April 16 to publicize Western gold price suppression to a domestic audience so that its own people would not be panicked out oftheir own gold. Of course the Chinese were panicked only into besieging gold shops to get still more metal.
The big question seems to be whether and when Eastern central banks will pull the plug on the Western central bank gold price suppression scheme. The most likely answer seems to be: When they feel that they have adequately hedged their U.S. dollar-denominated foreign exchange reserves and have acquired the last gold ounce they can acquire without exploding the gold market so much that even mainstream financial news organizations in the West have to take notice.
The China Network Television report, dated April 16, as jumbled by the Internet translator, is posted at Koos Jansen's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc."
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