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Thread: The Gold Is Gone!

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    Default The Gold Is Gone!

    Roberts and Celente agree ...

    Celente - West Desperate To Keep Ponzi Alive As Gold Is Gone

    On the heels of the U.S. dollar falling to the key psychological level of 80, today the top trends forecaster in the world told King World News that the West is desperate to keep the Ponzi scheme that is the current financial system alive because the gold is now gone. Below is what Gerald Celente, founder of Trends Research and the man considered to be the top trends forecaster in the world, had to say in this fascinating interview.

    Celente: “Every week, between Bloomberg and CNBC, you are going to read some experts saying why gold is going to decline because they are into the Ponzi scheme (that is the current financial system). So they want people to keep playing the Ponzi scheme, to keep their money in currencies that aren’t worth the paper it’s not printed on, and stay away from gold....

    “First, before I go into that, let’s go back and put this together: You just heard (the Fed’s) Bullard say that interest rates are going to go up in the first quarter of 2015. When interest rates go up, that’s going to ostensibly strengthen the dollar, but that’s only in theory.

    And even if the dollar does get strength, it will only be temporary because when interest rates go up, the economy goes down. When the economy goes down they are going to have to come up with another stimulus program. As I mentioned, you have negative interest rates right now in the ECB.
    Let’s go back now to China and their gold fiasco (the missing gold). Number one, read the Trends Journal’s Top Trends for 2014. One of them is ‘Global Chinatown.’ Eric, money is flowing out of Hong Kong from groups with assets in the tens of billions of dollars that are coming to the states and investing. I know this firsthand.

    Number two, I don’t believe that the central banks believe that there is (any) gold (left) -- just look at what happened with Germany. Two years ago Germany was looking to repatriate their gold and they (the Fed) were saying, ‘You can get it back by 2020.’ What, are they carrying it over by carrier pigeon, piece by piece? You can get this stuff in a day. I believe the central banks are all in the same Ponzi scheme and they know that the gold isn’t there.

    MORE- http://kingworldnews.com/kingworldne...d_Is_Gone.html

    =========

    Paul Craig Roberts - The Entire U.S. Gold Hoard Is Now Gone

    Today former US Treasury official, Dr. Paul Craig Roberts, told King World News that the entire United States gold hoard, including gold supposedly held at the Fed for other countries, is now gone. This is very bad news for Germany and other countries which have trusted the Fed to safely store their gold. Below is what Dr. Roberts had to say in this remarkable interview.

    Eric King: “Dr. Roberts, I know you’ve seen the report on Bloomberg about Germany (all the sudden) supposedly being happy with storing their gold at the New York Fed. It seemed to be a propaganda piece. What was your take when you saw that?”

    Dr. Roberts: “Clearly what that means is that the United States doesn’t have the gold and cannot deliver it -- and has forced Germany to come to terms with that, and to stop asking for it since it can’t be delivered....

    “And so they (the U.S.) have told their puppet state (Germany) to shut up and come up with a different statement that they are content to leave it (their gold) with the Fed. Perhaps they had to bribe them or give them other advantage. But, essentially, they have stopped any German agitation for the return of their gold because it can’t be returned.”

    Eric King: “What are the implications of that for other countries that have gold stored at the Fed? Because it’s outrageous they are not returning Germany’s gold.”

    Dr. Roberts: “The implications are nobody will get it back. People in the gold market have (long) suspected that the Fed used up all of the U.S. gold trying to suppress the price of gold over the years. And then after they ran out of U.S. gold, they started using all the gold left with the Federal Reserve on trust.

    MORE- http://kingworldnews.com/kingworldne..._Now_Gone.html
    "The dogs bark but the caravan moves on."
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    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
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    They who have stolen the gold of We The People will not go unpunished. The Power of the People will prevail...


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    Quote Originally Posted by zengrifter View Post
    Roberts and Celente agree ...
    That settles it. "Buy gold, there ain't as much of it as you think." -zen rogers

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