The fractional reserve Gold system is close to collapse now. Claims on physical gold exceed 100 times according to some sources. COMEX inventories are drained down, ABM Amro has defaulted on Gold delivery to its clients and JPMorgan Vault is almost empty. Grant Williams was one of the first to draw the real picture behind the recent Gold collapse and now these news are coming to the mass media.
Grant Williams is discussing the events behind the curtain, which created the fireworks in Gold and Silver this week and what to expect next.
"The Great Gold Game of Musical Chairs has begun, ZeroHedge reports on dramatic gold shortages unveiling behind the scenes. We are putting all these pieces of the puzzle together here and the picture is becoming more and more clear - Mother of Shorts Squeeze is coming to the Gold market."
"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."