Thursday, July 12, 2012

Last Great Scandal Will be ALLOCATED GOLD ACCOUNT RAIDS

Jim Willie's latest:

Many are the signals of extreme dangerin the visible financial system.  The widening LIBOR scandal dominates the news, but the USDollar is being pushed off its pedestal.

-The LIBOR lawsuits should make quite the spectacle, with hundreds of class action lawsuit cases
-The damages could reach into the $trillions, since many $trillions in volume are affected with skimmed percentages
-The last great scandal will be the ALLOCATED GOLD ACCOUNT raids
-My excellent source claims that far more than 20,000 metric tons of Gold bullion has been replaced by certificates

-The banks will face this music sooner or later, and the restitution will send the Gold price over $5000/oz

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