BREAKING: Germany Ready to Repatriate Gold From NY and France

[seapilot]

http://www.news.az/articles/economy/74893

More London gold moving out.

[Seraphim]

Link is for the below bolded that I stated:


http://www.zerohedge.com/news/2013-0...tally-bankrupt

This is a very large scale econo/poltico move by Germany.

But keep in mind that Germany is placing most of it's "vigor" into ensuring that it's gold is ENTIRELY removed from French vaults and done so expediently.

Germany is slowly managing gold reserve removal from the USA.

France? ALL OF IT NOW SAYS GERMANY.

The Euro is going to fracture in a very polarized way.

I could find the thread with a quick search, but not long ago I stated that of all the black swan possibility, I viewed FRANCE as the most likely to sneak up and bite markets, governments, people, in the ass.
Their bank balance sheets are a frigging zoo. I struggle to come up with a more appropriate description.

Where prior, and for other countries (still), France could then lever it's economy on the back of it's government (tax base).

The government in France is rendering itself, and quickly, insolvent. France is the most bankrupt of the G8 nations. The others are insolvent and printing money to keep the system liquid, but France is the hemorrhage of the G8.

I for one, as a Canadian, want no part in shovelling Frances war shit.

I'm sure many around here feel the same way.


Germany is demanding 13% of it's total gold holding right now and that 13% is 100% of Frances German gold holdings.

Germany is telling the US that it is on STRONG notice (financially) and telling France that they are well past the patient notice stage and saying 'ALL OF IT NOW'.

Gold is set to spike radically and silver is primed for an epic upward price swing.


By mid 2014 (18 months, not long) - the POS and POG will be much higher.

18 months from now (June 30th, 2014);

POS: 300$+
POG: 6000$+

G:S Ratio 1 to 20.

That will not be the end of the gold bull market. Silver will close that ratio further from there. They likely compress in secular bull fasion for another 10 years.

I am a STRONG handed gold bull. I am securlarly bullish on silver in relation to gold.

In laymans, that is EXTREMELY bullish on silver.

[Zippyjuan]

When Venezuela announced it was going to bring its foreign gold reserves home, the price of gold did little. It had been moving up for a while and peaked one week afer the announcement and fell after that. I don't expect this to spike the price of gold either. When Germany was afraid of a Soviet invasion, they moved most of their gold out of the country. Now they are bringing some of it home. (this is about 20 percent of all German gold reserves- roughly 300 tonnes each from France and the US). And it being done over a long period of time- seven years. Gold $6000? Doubt it.

This announcement was made on January 16th when the price of gold was $1680 an ounce http://www.kitco.com/charts/popup/au0030lnb.html and today it is down to $1655. Where is the spike in prices?

[BlackTerrel]

When Venezuela announced it was going to bring its foreign gold reserves home, the price of gold did little. It had been moving up for a while and peaked one week afer the announcement and fell after that. I don't expect this to spike the price of gold either. When Germany was afraid of a Soviet invasion, they moved most of their gold out of the country. Now they are bringing some of it home. (this is about 20 percent of all German gold reserves- roughly 300 tonnes each from France and the US). And it being done over a long period of time- seven years. Gold $6000? Doubt it.

This announcement was made on January 16th when the price of gold was $1680 an ounce http://www.kitco.com/charts/popup/au0030lnb.html and today it is down to $1655.

You forgot that WW3 is coming.

[Zippyjuan]

Oh yeah.. I forgot. That has been "coming" since 1945.

[Seraphim]

Coming?

It's here.

Historians will look back and mark 2001 as the beggining of WW3. I am supremely confident of this.

World War 1 and 2 were not commenced all at once. It was step by step, nation by nation. Just like today. Then one day, the size and scope of the conflict slaps the masses in the face and the naysayers realize their foolish beliefs did nothing to stop it.

You forgot that WW3 is coming.