Paper-Gold Shell Game Exposed
The problem with the price-suppression of any kind of physical "good" is always the same, one inevitably runs out of inventory as the repressed supply and excessive demand caused by artificially low prices means that buyers will always outnumber sellers.
In the case of the banksters' perennial gold-suppression scheme, their supply-deficit dilemma has caused them to recently focus on one target: the population of India. As the world's most consistently voracious consumers of gold, permanently under-pricing gold has caused a predictable effect. There is a large "gold deficit" in India, as India must import vast quantities of gold each year to satisfy the excessive demand for gold caused by selling it at give-away prices.
As is generally the case, the Corporate Media has totally perverted its own explanation of this scenario. India's large gold-deficit is being called a "current account deficit" -- i.e. a paper deficit. This is absurd on multiple levels.
One aspect I already addressed in a previous commentary: Gold is money. It is defined and treated as "money" in every meaningful way by the bankers themselves. As a matter of the simplest logic, it is impossible to create a "current account deficit" by swapping one form of money for another.On another level this media lie is even more perverse. Regular readers understand the basic equation of our 21st century financial system: fiat currency = worthless paper. So we have the Western propaganda machine attempting to convince us (and India's government) that India is currently experiencing a "currency crisis" because large quantities of the bankers' worthless paper is leaving the country, and large quantities of valuable gold is entering the country. Understand that if the U.S. had encountered a similar "problem" 40 years ago that the world would have never abandoned the gold standard. Back then, the U.S. had a real "currency crisis": its national Treasury was being cleaned-out of all its gold. At the (suppressed) price of that time period, all of the world's nations wanted to dump their U.S. dollars and exchange them for gold. History is unequivocal. A "currency crisis" is when a nation is losing its gold, and getting nothing in return but the bankers' "magic beans." The actual crisis here is for the Western banking cabal, not the nation of India. It is their gold-suppression Ponzi scheme, which is teetering on the verge of collapse.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV