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>IS THE GOLD REALLY THERE? Part II  - Bill Holter - Miles Franklin
Well said and written Bill.The question of the gold being there or not is as simple to answer as the question of the late Henry Cooper who had share certificate pledged with a bank being 200000 RandMines.The banker accepted the share and granted the loan. Everything went swimingly untill some years later abright energetic auditor came along and as he was also the auditor of Rand Mines ,the lad didn't recall the name or the number of shares as being genuine....Henry died before he could be jailed as the real numer of shares was only 2000 .In the case of the Fed their outright lies about the gold being there can only be varified when a competent audit firm one which has not been tainted in any way is allowed to enter the empty vaults of FORT KNOX which havent been so for getting onto 58 years.
REMEMBER EVERYONE OUT THERE THE BIGGEST BUBBLE IN THE WORLD IS THAT OF THE LIE FOR WHICH AMERICA IS MOSTLY TO BLAME


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Début de l'article :In my previous missive, I tried to illustrate the supply side of gold and how the movements of inventory have recently changed.  In this part, we will look more to the demand side with a wrap up of why it truly matters “whether the gold is there” or not. From a demand perspective, we already know China is buying the entire global mine supply of gold on their own.  We also know India is very big buyer purchasing almost 40% of global supply.  Adding just these two together we come up with 140% of... Lire la suite
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