ASIAN CENTRAL BANKS DEMAND RETURN OF GOLD?
Kings World News reported on August 15 that there is a dramatic rise in the demand for physical delivery of gold in Asia, not only by consumers, but to the central banks who, we are told, are demanding the physical return - the repatriation - of their gold from western vaults. If true, then the story is as big as Germany's similar demands over the previous months, demands which, we have seen, were side-stepped, shuffled, and danced right off the floor. If true, the stories mean that the western media is no longer even reporting such stories:
Asia Shocks West By Demanding Their Gold Be Sent Home
There are, as far as I am concerned, two separate issues here. The first concerns India:
This data is also indicating a massive rise in the importation of gold into China from the previous year. Demand for gold is just exploding all over the place. In India they just increased the gold import duty once again. It’s been rising steadily from 2% to 8%, but India just raised it again -- this time to 10%.
It is highly likely that the Western central planners, the Fed and the ECB specifically, have demanded that the Indians impose these taxes and duties in a desperate attempt to choke off physical demand for gold in India. Western central planners can’t use much influence on China, but they can strong-arm India.
So there has been an attempt by the Central Bank of India to greatly decrease the amount of money going into physical gold, but it’s not working. People always find another way to get physical gold. Gold is now the most seized material at the borders and at the airports in India.
There is a very, very healthy black market for smuggled gold into India. This is what happens when you try to artificially kill demand. The people of India want the gold, and the authorities are desperately trying to kill it off and they are not being successful. So the gold is being supplied through the black market and smuggling, and that will just continue.
The second is the linkage of the meme of gold-run, central banks, and western economic collapse:
Western central banks claim that there is a lot of physical gold available for purchase. That is pure propaganda and a lie. I now have reason to believe that Asian central banks are requesting that their gold, some of which has been stored in the West, be sent to Asia. This is what is causing the short covering rally in gold. The Asians know the Western gold system is very close to collapse and they want the physical gold in their possession.
This is what is happening behind the scenes. A very large part of the 1,300 tons of gold that was shipped out of the Bank of England, and gold that is being shipped out of the Fed as well, is going into the vaults in China and other parts of Asia. There is a massive run on physical gold right now and this is creating a squeeze.
The bottom line is the Western fractional reserve gold system is now on the edge of collapse and the Asians know it. You can expect to see many more days like this in the future as the run on physical gold intensifies and the squeeze accelerates.”
In the case of India, it is true, India is vulnerable to western financial pressure, and is caught between a western central bank rock and a BRICSA-China hard place, and it cannot afford to be subservient to either. In my opinion, this constitutes in part Indian moves to beef up its land and naval forces technologically, a point about which I blogged just a couple of days ago.
The second phenomenon, the now-near-constant repetition of the memes of "gold runs" and "western financial collapse" are much more complex in my hack-from-South-Dakota opinion. As I indicated a few days ago, there are indicators that a number of analysts are beginning to entertain the notion of a real factional-infighting war going on within the western world, not only between the traditional rivals and sometimes "uneasy allies," the Rockefeller and Rothschild financial interests, there are indicators also of prime banks abandoning their traditional alignments with one or another of those dynasties, as there are also growing indicators of a "third force" on the scene, not BRICSA, and not either of those two dynasties... a third force represented by the intelligence communities and their now self-evident surveillance and hacking capabilities.
So I suspect that the real story here may not be imminent western financial collapse, and hence, the Asian run on gold, but rather a profoundly different reason for the Asian run on gold. Simply put: the BRICSA nations do not have the massive electronic spying and eavesdropping capability that the west has, with its NSA, its GCHQ-Cheltenham, its BNDs and Suretes and SISMEs and on and on we could go. That electronic eavesdropping capability also represents, as Catherine Austin Fitts and others have argued, the ultimate insider trading mechanism and potential. It thus represents a vast potential for electronic clearing, for the interference with it, and for a new basis of monetary backing: information.
Thus, while the move to gold by Asia in general may represent a loss of confidence in the western system, I suggest that the reasons for that loss of confidence are somewhat different: some alternative basis is needed for the BRICSA coalition's financial plans until it can emplace its own independent international clearing mechanisms with similar electronic capability to the West, and that is gold. They are behind, and they know it. But if this is true, then the world is quickly bifurcating into a new type of Cold War situation, one based not so much on rival ideologies, but rival conceptions of currency backing and clearing, one analogue, and one digital.
To continue in this vein of high octane speculation, that world will be more than just a difference of geographical regions... it will also be a world where, perhaps, individuals or communities ostensibly placed or located withing one geographic region, may be conducting transactions in the "currency" of another, a city, say, in Montana, trading not on the basis of "info-dollars" but of "gold reminbi," and vice versa...
And that, too, is intriguing, for it is the old "technology" approach, versus control of physical assets approach...
See you on the flip side.
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Interesting that the US dollar is gaining ground on foreign currencies, the terminal phase of the great unwinding?
Central banks caught without hard assets will be caught with their pants down once the dollar starts plunging.
Paranoia is having all the facts.
Zero Hedge, Silver Doctors and King World News are all over the gold story, but I don’t think anybody REALLY knows what’s going on.
Yep, the day of the Boston Bombing and the take down of the gold price was obvious, but getting to the bottom of the whole global gold story is at best murky.
The Russians and China have been on a buying frenzy, and they are not stupid, but it’s going to take a while until the real story emerges and we see a clearer picture. And I must admit, the “off world” issue is still ringing in my ears, and it wont go away. What do you do with a secret space program, go visit and do some trading???
Doc: One item the BRICSA lack, the Adiabatic Quantum Computer. And no amount of gold can be offered by the BRICSA for purchase of said system, as it is quickly being rendered irrelevant. This due to the new currency being of a digital form, based upon information… crediting you with this info.
End result: No buying or selling unless one is part of the new information-based economy. Enabled by the Adiabatic Quantum Computer. Question is: Who will maintain the actual control of such a computer system, and the system as a whole?
So everybody around the world wants their gold. One wonders what the BANKSTERS will do when the native people of the Americas, Africa and Australia demand their gold back the curtain will surely fall then on the BANSTERS heads.
Did you see this one?
I just registered on your site….. great site!
My views on Gold.
In the short to midterm I see $10,000 to $20,000 per Gold oz and in the longer term I see $100 per oz.
Here is a technology (modern day alchemy) eye opener for you Joseph.
This custom built Microsmelt lab was built and instrumentation system integrated to prove or disprove the Dr. Milewski Gold Making Method (new precious elements from barren beer bottle glass).
Some 200 lab trials independently verified and successfully proved Dr Milewski right! We made gold and many other precious elements in these LENR (Low Energy Nuclear Reaction) lab trials.
The big bang is now the big bust and its evident that new elements are being continuously created (with glaring evidence of that fact with Navy drill cores showing new material in the ocean rifting). Not just a little material, massive quantities, in fact the earth diameter nearly doubled in only the last 180 million years.
The gold making development is both scalable and commercial to where traditional mining methods will become obsolete. In the midterm, I see gold production costs down to a few multiples of that of aluminum. Dollars per pound.
To see a Kickstarter preview video of the Blue Eagle gold making project go to:
Scroll down and click on the vid play arrow.
This proven plant cost Blue Eagle Refiners $250 K in components, system integration, commissioning and will save you a great deal in time and money to start making gold. The technology is both scalable and potentially very profitable at scale.
It certainly would be nice if gold were to get so cheap and plentiful that we could side our houses and wallpaper our bedrooms with it. Imagine if you will every mobile home in your local trailer park covered in gold. Instant beautification.
The seed ores for making gold (or any of the precious elements) are made up of ground beer bottle glass (silica dioxide), a bit of magnetite, anhydrous borax (only as a thinner for pouring molten) and magnetron frequencies, This puts the production costs eventually a few multiples of aluminium… say $20 – $60 per lb.
So far the most productive metal has been rhodium and iridium. In one of lab trials, the yield came in at over 2000 oz/ton based on standard fire assay weights. Remember a few years ago this stuff was going for over $8000 / oz and now trading near that of gold. it should be a fun ride both up and down the price curve.
That Blue Eagle process is thin on details, and why would anyone who could make gold in quantity attach so much importance to having a smelter? Reeks of misdirection and bait to distract from those who can make gold.
The first link is already a well know result from those who pay attention to LENR reporting.
Good the US Navy is saying what miners have known about for years–close the “used up” mine and leave it alone and elements will grow.
Copper as the precursor element for gold seems cheaper–see Bedini.
“Reeks of misdirection and bait to distract from those who can make gold.”
I am an alchemist and without an impeccable integrity, there is no art. I do not have time for misdirection or much time for those who would call the work integrity into question.
The smelter is used to create the molten “elemental bloom condition”.
Yes the miners of old knew how to pluck the mineralized structure of its fruit leaving the energetic pathway in the tree to grow more. While true, it is generally a notion at odds with main line geology,
That process would be a slower time line forming of the new elements where in our Blue Eagle Precious Metals process, we have optimized nature’s process (temperature/frequency) resulting in a faster elemental bloom rate.
Thin on details yes…. most of the science is over the bar and for those that can follow the ball, there is a place for that conversation.
As a military force, the Indians can be ruled out as any kind of threat because they do not eat meat. Sadly, this world (and probably our entire Universe) may always be ruled by meat eaters.
On the other hand, as a spiritual force, India is the most formidable power on our planet. Look at the effect their version of the peace corps– the guru and yoga invasion– has had on the rest of the world, particularly the west. More people in Scandinavia practice yoga then go to Church and you would be hard pressed to find any town in America that does not have some kind of yoga center. Wait until people start to discover that is through yoga practices that one can best defend themselves from radiation and toxic food. I expect yoga to sweep the nation and then the world and Swami Satyananda’s Saraswati’s prophecy of a global yoga culture more powerful than the tv culture will be realized. The True World Order.
Muslims eat meat. And there are plenty of them in India. Also there be a lot more the maintaining force than temporary physical strength from eating meat. Clear information is much more important, even the US military realizes that point.
The hordes of Hindus coming from BC into WA are flooding COSTCO,SAFEWAYand WALMART. NOT Yoga centers. The lure? Cheap prices(materialism) not Nirvana. Thank you but Christianity is good enough though It’s been pounded down by television, freemasonary, TV evangelicals,and forgotten in the “public” school where pumpkin day can be celebrated but not Christmas. Regarding Christianity, Mary Baker Eddy said that Christianity has to be UNDERSTOOD not only believed in. Are our countrymen whose minds are under constant bombardment from TV, trying to understand anything?
I was referring to the rapid spread of yoga science across America (and the globe) and not the influx of Hindu immigrants into North America. I don’t doubt for a second they just love Wal Mart and its abundance of goods and cheap prices. Materialism is most likely what drove these rejects to the west.
Regarding Christianity and yoga science, they go together very nicely in my experience. In fact, to understand Christianity one must know its true origins in the “Hindu” east and the Vedic religion which birthed it and the tantric rituals which gave it its form.
Wiping out all private/ public gold holdings is the final straw, with all manufacturing, and technology ie the fruits of research having been shipped into central controlled China. Coupled with the corruption of all depts of govt, and lets face it, no one has arrested or brought to justice any of the thousands of criminal conspiracy that the web has exposed over the years, so much for democracy and the good will of men, A complete civilization collapse is imminent. problem reaction solution, …well, let the dominions fall….into the darkness. You couldnt design a better model for the complete collapse of the west if you tried. This is well thought out, by a very intelligent group of aliens.
Aristotle would be in tears, with laughter that is….such is the fallacy of virtues in morons. Behold, the moron doublethinks he is a god and has learned how to cannibilize his own species, let him eat freely from his dna tree into extinction. The old orobus, throwing each other under the bus, for extra laughs and giggles, it was a bus full of (no signs of) intelligence fellows (ie deep undercover reporters on her majesties secret service) that immediately followed the jfk limo….JFK= Sir Cums alot, followed by Johnson= sir Lances a lot.