GEAB letter: What happens when the paper gold fraud is understood?

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Published : June 07th, 2013
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The Global Europe Anticipation Bulletin (GEAB), the economic newsletter published by the European Laboratory of Political Anticipation, seems to have figured out the gold price suppression scheme and particularly the fraudulence of paper gold.

In its May 16 edition, the GEAB says:

"Whilst paper gold saw a scary crash in mid-April, the demand for physical gold has never been as high, which confirms the complete decoupling between the paper gold and physical gold markets. What happens when everyone realises that paper gold certificates have no physical counterpart? When the title document to an ingot can't be honoured? The paper in question has no value.

"We must therefore expect more volatility in the paper gold price. This is why some brokers won't allow any leverage on paper gold positions. This decoupling also shows that major problems are ahead because confidence has now been shaken.

"However, physical gold itself has its best days ahead. China has clearly understood this and buys gold en masse.

"This strong demand is not trivial: On the one hand it reveals China's strategy to exit the dollar and, on the other, its wish to protect itself from a coming shock and, finally, the anticipation that the possession of gold must accompany the internationalisation of the yuan. In effect, the possession of gold gives the yuan credibility at international level, not to mention the assumption that gold would be an integral part of a new international monetary system.

"Because this is the BRICS strategy: gradually building a world system where they would have greater representation, especially by moving from the dollar and using their own currencies for trade. And in stages, this movement, which can seem slow but which in reality is extremely rapid on the level of the changes to be made, allows the centre of world gravity to be moved, and the emerging nations are becoming increasingly essential as the world moves forward. This is the essence of the 'global systemic crisis' described and anticipated step-by-step by the GEAB for the last seven years.

"Obviously, this movement can take place only having a corollary: the loss of influence in the West and in particular the United States."

The full edition of the GEAB letter is posted here:

http://www.leap2020.eu/GEAB-N-75-is-available-Systemic-crisis-2013-with-...


Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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