This was obtained from USA Watchdog
Fair use . . . for educational purposes.
December 12, 2013, Thursday, 13:29 GMT | 08:29 EST | 18:59 IST | 21:29 SGT
So who really controls the world? The Illuminati? Freemasons? The Bilderberg Group?
Or are these all red herrings to distract your prying eyes from the real global elite? The answer, like most topics worth exploring, is not quite so simple. Have no doubt, there are secretive global powers whose only goal is to keep and grow that power. But it really may not be as secretive as you would think. And that is what makes it even more nefarious. But don’t take my word for it, we have both science and insider testimony to back it up.
We are going to break this down into three categories: Financial, Political and Media. This is a harder task than you may imagine, since they all work in concert by design.
Thanks to the science of complex system theory, the answer may actually be right in front of our faces. This scientific process sheds light on the dark corners of bank control and international finance and pulls some of the major players out from the shadows. It goes back to the old credo: Just follow the money. Systems theorist James B. Glattfelder did just that.
From a massive database of 37 million companies, Glattfelder pulled out the 43,060 transnational corporations (companies that operate in more than one country) that are all connected by their shareholders.
Digging further, he constructed a model that actually displays just how connected these companies are to one another through ownership of shares and their corresponding operating revenues.
See the globe chart on the following page.
I will openly admit that this graphic almost scared me off. Complex scientific theories are not my forte, and this looks like some sort of intergalactic snow globe.
The Million Dollar Question: When Does the COMEX Default?
Fair Use . . . http://silverdoctors.com/the-million-dollar-question-when-does-the-comex-default/
When you look at the math, especially the supply/demand and inventory/delivery “math” there is only one question that remains. The question is not whether the PM’s are grossly undervalued. It is not whether supply can meet demand. It is also not whether known inventories can continue deliveries at the pace of the last couple of years. The only question which remains is “when”. “When” does the current unsustainable and lopsided (soon to be proven fraudulent which yes, includes “intent”) business model of the precious metals market blow up in a default?
When does it end in the same fashion that every banking panic in human history has seen?
Submitted By Bill Holter, Miles Franklin Ltd,:
China imported 900 tons last year and India roughly 800 tons versus total global production of 2,500 tons, did the rest of the world make due with only 700 tons? Hardly. So far this year through March, China has already imported some 372 tons putting them on a pace of 1,500 for the year. This figure does not even include April where we know that VERY conservatively their appetite increased by 50% from the previous month which was just over 220 tons. So through April a conservative number would be 600 tons for the trimester making an annual pace of 1,800 ton for that country ALONE!
So where is all of this Gold coming from if mine supply cannot satisfy the current and apparently exponentially growing demand? You can look at the numbers from the Shanghai exchange. They reportedly delivered 1,900 tons in 2011 and 2,400 tons in 2012. So far this year they have delivered over 1,000 tons. We also know that the COMEX, GLD, JP Morgan and HSBC inventories are being seriously bled down. Not by “leeches” mind you, no, the current deliveries and drawdown of inventories is like open arterial wounds gushing into the streets. It has become so serious at JP Morgan that they report only to have 137,000 (just over a whopping 4 tons) ounces left of “eligible” Gold for delivery.
Over the course of the last 2 months there have also been reports of investors withdrawing their “registered” Gold. This has come about not because people “missed” their metal and wanted it delivered so they could see how shiny it was. No, these “withdrawal pains” (pun intended) have been requested because people are afraid of the Gold not being there. They want control of their money and don’t want to be MF Globalled or Cyprus’d. This mindset is adding to the “run” on inventories. The funny thing is this, IF the metal was not really purchased in the first place (Morgan Stanley…ABN Amro anyone?), these demands for deliveries will act as CURRENT demand. Call it “deferred demand” or anything you’d like, these requests for delivery will put further pressure on existing and real inventories OR on price as firms go out to actually buy the product to deliver.
As I said, “when” does the fractional reserve metals market fail? When does it end in the same fashion that every banking panic in human history has seen? When do investors change their gait from the current very brisk walk and break into an outright “run”? What is happening and will happen is absolutely no different than 2,000 or more years ago when the Goldsmith issued too many “credits” versus the amount of Gold he was holding. The only minor difference is “scope”. 2,000 years ago there were no options, no futures, no derivatives (except for the letters of credit) and certainly no computers (except by those who built the Pyramids). The current and prospective “run on the bank (vaults)” is nothing new, only the scope is exponentially larger and the final action quicker “when” it arrives.
Regards, Bill H.
Money as debt . . .
It is one thing for tungsten-filled gold bars to appear in the UK, or in Germany: after all out of sight, and across the Atlantic, certainly must mean out of mind, and out of the safe. However, when a 10 ounce 999.9 gold bar bearing the stamp of the reputable Swiss Produits Artistiques Métaux Précieux (PAMP, with owner MTP) and a serial number (serial #038892, likely rehypothecated in at least 10 gold ETFs across the world but that’s a different story), mysteriously emerges in the heart of the world’s jewerly district located on 47th street in Manhattan, things get real quick. Moments ago, Myfoxny reported that a 10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit. The discovery was made by the dealer Ibrahim Fadl, who bought the PAMP bar in question from a merchant who has sold him real gold before. “But he heard counterfeit gold bars were going around, so he drilled into several of his gold bars worth $100,000 and saw gray tungsten — not gold. The bar was filled with tungsten, which weighs nearly the same as gold but costs just over a dollar an ounce.”
More reading and photo evidence at this link: News Piece . . .