Jim Sinclair Calls Gold at $4,400 before taking over as currency for the Golden Age

Source: JS Mineset

Dear CIGAs,

The new normal in Gold, the “Comet Gold Resistance Movement,” is your ticket to a sound monetary system. This will be followed by a period of long-term industrial growth as the world has never seen based on ultimate money, forced by the actions of the market place, not a product of any numbered group, be it G20, or G anything.

Since there is no doubt at all that the price of gold is going to and through $3500 with unimaginable volatility, I once again would like to suggest as in all wars that when a battle has been lost, the rise of the Gold and Silver Resistance Force, a militia of sorts in the market.

The reason behind this suggestion is explained below as the economic axiom known as Gresham’s Law operating in the Central Banks of the BRICs whereby gold is being accumulated with a goal of 15% of the reserve balance. To create this reserve goal you can reduce the fiat reserves as well as increase the gold reserves. You can reduce your fiat reserves by long term contracts in dollars by parastatal accumulation of resources and the means of production. The goal of 15% of reserves are the currency gold, and gold’s ascent in the marketplace due to the effect of Gresham’s Law to an accepted currency form. This is something the West has no control over. All the West can do is to attempt to inflict outrageous volatility into gold thereby trying to make confidence in the price of gold hard for those that do not understand. I have started to suggest this movement in the video repeated at least 6 times here that states, “Gentlemen, prepare to defend yourselves.”

All you need to do every time the US Treasury and Fed seek to make the gold market outrageously volatile via their friends, the gold banks, is to do nothing. Consider the volatile gold market to be the lion in the following video CIGA Pat sent to us. You are the photographer. Accomplish in the market place what this wildlife photographer did in the field, and you will still have all your gold insurance when gold finally trades solidly at $4400. When gold breaks above $3500 and $4000, as it will do, the US Treasury and Fed via their friends and relatives at the Gold Banks will run gold from $3500 to $4990 and back again a few times before gold settles into the currency as described above at $4400 for the beginning of the greatest economic expansion the world has ever seen.

You must join my Comet Gold Resistance Movement, a golden militia armed with courage to do just one thing. Do nothing, stand still in positions in gold without ant debt, and ignore the enemy of fear within and gold banks without. The market made mad by the Gold Banks will approach your jewels, but you must be internally quiet.

There is a writer made famous in the gold community in their rare ability to feel the pain of another who wrote a now famous article while un-free titled, “Gold $5000.” He is now scaring his benefactors by calling for gold to return to a very long term uptrend line at lower prices. Should that occur, he is willing to sell you his system as a computer program for $20,000,000 US dollars. Knowingly or not, he is a tool of the Gold Bank’s banks to create unprecedented volatility in the gold price. Join my Comet New Normal Gold Resistance Movement, a true non violent but armed militia. This is the way to protect yourself and thereby get to the other side still holding the preeminent currency.

In two weeks I will have printed certificates signed for you representing membership in the Resistance, but without your name or other identification. There will be no meetings, no charges, not even expenses. When you are long your good gold companies, mining money, and your physical gold at a sound $4400, protected from the inflation we are already experiencing multiplied by a minimum of 25, you will know your Resistance membership and your mindset will have gotten you there.

You must have a brain to know and eyes to see in order to understand what the end game is. Know that you have a tool to fight back, which is explained in the following video. Stand emotionally and mentally silent doing absolutely nothing whatsoever as the Gold Banks play the Western egocentric dislike for gold’s final roll in the end game.When the lions are close, all you have to do is do nothing. This is the Constitution of the Comet’s Gold Resistance Movement.

 

Gresham’s Law, not international edict, will reform the monetary system. Gold’s role in money is moving towards officialdom not by edict, but by Gresham’s Law. The difference now is that this concept of Gresham’s Law inhabits central banks of the “Real New Normal,” the rise of the influence of the BRICS and is spreading worldwide.

From Wikipedia:Gresham’s law is an economic principle that states: “When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation.” Note please that the US Treasury still holds firmly to the mad concept that their gold, if there is any not compromised, at $42. More…

The world will not end this Friday, December 21st 2012, but it almost did December 17th

Benjamin Fulford

This Friday will be the long talked about Mayan etc.. December 21st, 2012 end of the world date. When that date comes and goes, it will be time to examine forensically exactly who was behind the various Nibiru, Planet X, photon belt, rapture etc. stories that all predicted the death of 80% or more of all humans. We need to do this because a very real plot to start World War 3 and a fake end-times did exist and, although the plot has been stopped, many extremely dangerous mass murderers behind this satanic scheme still walk the corridors of power in the West.

The purge of the over 26 pentagon generals and the fall of the Bush family are just a start. We need to deal with the rest of the cabal in order to make sure that humanity will never again be enslaved.

To help carry out this process, this week we will provide detailed forensic intelligence on some of the still active cabalists and their on the ground agents. We would also like to report extremely good, very concrete news on the new financial system but loose lips sink ships so we cannot give out much detail yet.

Since many of the top cabalists, like the Rockefellers and Rothschilds are well known, we will concentrate on people who were directly involved in fighting against the White Dragon spokesperson. In Japan, the first people who began threatening, trying to drug and trying to kill me were self-described Ninja’s sent to me by former Prime Minister Junichiro Koizumi’s Finance Minister Heizo Takenaka. Their names are Shiramine and Tenzan Nakai. Shiramine threatened to kill me and Nakai tried to get me to drink a glass of orange juice spiked with amphetamines so he could ruin my image by filming me stoned.

Later an agent then going by the name of Slasha Zaric but now going by the name Alexander Romanov came to me with 70 kilos of marijuana laced with mind-destroying chemicals. The marijuana was delivered to Romanov by a South African using the name Spencer. Spencer, who is linked to MI6 says MI6 was fooled into sending Zaric to me by the CIA and says the spiked marijuana came from a man named Rodriguez (now dead) who was the former right-hand man of Columbian drug lord Pablo Escobar. Steve McLure, the “music journalist” who talked me into taking a line of cocaine while being secretly filmed also got his cocaine from the same ultimate CIA route.

This brings us to Tom Clines of Iran Contra South American drugs for weapons fame because his is the name dropped by Neil Keenan when he first contacted me.

MI6 asset Dr. Michael Van de Meer once warned me that former UK Prime Minister Tony Blair had bragged to him that I was going to be jailed on drug charges. Recall that Blair, together with George Bush Jr. both went to the pope to ask for protection and convert to Catholicism after leaving office.

Since that takes us to the Vatican, let us then return to the incident in Chiasso, Italy where two Japanese, Akihiko Yamaguchi and Tsuyoshi Watanabe, had $134.5 billion worth of bonds seized from them by the Italian police. After the bonds were seized, self-described Italian P2 lodge “prince” and heir Leo Zagami introduced Daniel Dal Bosco as a Vatican banker who could cash the bonds.

Neil Keenan was also involved because he was given an additional 1 trillion worth of bonds to hand over to Dal Bosco for cashing. Dal Bosco was then closely followed until the trail ended with the UN offering Dal Bosco $100 million to go away. Also, out popped a rival group calling itself the OITC, using David Sale as a spokesperson, claiming that it had the historical rights to the bonds.

At this point Peter Hans Kolvenbach, the Agnelli Brothers, Giancarlo Bruno, Vincenzo Mazzara, the Orsini family, Baron Thyssen, Carl Rove, David Eisenhower and a whole bunch of characters straight from central casting pop out.

Then, when the money still did not flow from Asia to the cabal, Japan was attacked on March 11, 2011 with nuclear weapons placed on the seabed to cause a tsunami and timed with the destruction of the Fukushima nuclear plant with a micro-nuke planted by the Israeli company Magna BSP. J.Rockefeller, Yasuhiro Nakasone, Ichiro Ozawa, Benjamin Netanyahu, Leo Zagami and Peter Hans Kolvenbach have all been forensically linked with this attack. When this mass murder still did not force the Asians to fork over more money, multiple attempts, all stopped by the Pentagon, were made to start World War 3.

There has also been a rash of murders and murder attempts. Some of the victims have been Japanese finance ministers and ambassadors as well as Dr. Van de Meer. The Van de Meer murder has been linked to David Eisenhower and the Bushes. None of these murders has caused the funds to flow.

There have also been murder attempts. On March 10th, the night before the attack, an attempt to poison me was made by yet another self-described Ninja linked to J. Rockefeller. Alexander Romanov also survived an assassination attempt that day. The next poisoning attack against me, when I was stabbed with a poisoned needle in June of this year, has been traced to a North Korean agent by the name of Mutsuaki Okubo, according to Chinese sources.

My suggestion is to round all these people up and start questioning them if they do not voluntarily come forward to confess.

Meanwhile, the Cabalists now seem to have split into two opposing camps. The Rockefellers and the pope are hoping to arrest the Rothschild family and dethrone the Queen, according to Neil Keenan.

Keenan, who has just returned from Indonesia, meanwhile, succeeded in photographing the, until now, legendary bunkers full of cash and gold that are there. The photos can be seen at this link:

http://www.divinecosmos.com/start-here/davids-blog/1097-russiantv

Nonetheless, Keenan has still not been able to actually start dispersing any of the funds because he is still being blocked at some mysterious level. The man who was supposed to help him remains in jail in Indonesia.

This writer was also shown bunkers full of gold and cash last week but I have not been given permission to publish any photographs of them. However, we believe that the new government in Japan and the soon to be new government in Korea will coordinate with the new bosses in China and the re-elected Obama government to release a flood of money to the people of the world soon. We would like to believe it will happen in time for the December 25th solar new year celebration known as Christmas.

However, that depends on all the players giving up selfish thoughts.

BIS Gold Report Hints at Repatriation by Central Banks

By Robert Lambourne via GoldSeek

I have been checking on the changes that have taken place to the gold banking business carried out by the Bank for International Settlements since March 2009 and the bank’s use of gold derivatives (essentially all are gold swaps), which have grown from zero as of March 31, 2009. All the data in the table below is sourced from BIS annual reports and from the bank’s 2012 interim report published in early November. Here is a link to it:

http://www.bis.org/banking/safinstats120930.pdf

In March 2009 the BIS held gold sight accounts — unallocated gold — with a number of major central banks, presumably those based in traditional gold-trading markets. Apart from the bank’s own gold, the source of the gold sight accounts arose from gold that was deposited in sight accounts with the BIS with all or most of it deposited with the BIS by other central banks. Historically and especially during World War II central banks used the BIS to act as an intermediary in the gold market to protect against their gold sight accounts being confiscated or blocked by the bank holding the gold deposit. So, as an example, during World War II the German central bank held gold in a BIS sight account that was in turn deposited by the BIS in London, and consequently this gold was not confiscated or blocked by the United Kingdom government in the war.

Since March 2009 there has been a marked change in the source of the gold deposited by the BIS with central banks in gold sight accounts. It has fallen from 1,197.45 tonnes as of March 31, 2009, to 509.43 tonnes as of September 30, 2012. By March 2010 the BIS had sourced 346 tonnes of gold in the form of gold swaps — something that had not been done for many years previously or at least not disclosed.

Yet in an article published in the Financial Times on July 29, 2010, Jaime Caruana, head of the BIS, said the swaps were “regular commercial activities” for the bank. As can be seen from the table below, gold derivatives, essentially all being gold swaps, have become a regular source of gold for the BIS to deposit in gold sight accounts since this interview was given.

The decline in the amount of gold deposited with the BIS in gold sight accounts by central banks accords with the often-claimed desire of many gold owners either to take physical possession of their gold or at least to move it into an allocated form of gold account such as a BIS gold-earmarked account, which is excluded from the BIS’s own balance sheet.

Also, by their nature the gold swaps entered by the BIS provide the counterparty with a higher level of comfort. The counterparties for the BIS gold swap can presumably account for the gold as an owned asset, since the explanation of the gold swap in the BIS annual reports is very specific and says, “The Bank has an obligation to return the gold at the end of the contract.” (So it would appear to meet the definition of allocated gold.)

Hence, if the BIS could not get returned to it all the gold it has deposited in sight accounts as of September 30, 2012, then it would run the risk of having to obtain up to 393 tonnes of gold on the open market to return to the gold swap counterparties. This risk is not specifically considered in the BIS’s own commentary on the risks it faces.

In isolation this change in the mix of the sources of the BIS gold used in its gold banking business cannot be said to prove anything. But the reduction in the amount of gold deposited with the BIS in sight accounts is consistent with a desire by owners to exert greater control over their gold. Further, one could reasonably speculate whether gold swaps (and their increased proportion as a source of gold for the BIS gold banking business) have been used by the BIS to supply gold to avoid a default by a central bank when being asked to return the unallocated gold held in a sight account deposited with the BIS as the BIS has faced a reduction in that source of unallocated gold itself.

Whatever the truth may be, the changes in the table below are consistent with there being a tight physical market for gold where certain central banks are taking action to get a firmer grip on their metal.

* * *

Gold banking business of the Bank for International Settlements March 31, 2009, to 30th September 2012. Excludes BIS-owned gold.
.
.
Totals in millions of Special Drawing Rights.

…………………………… 3/2009 ….. 3/2010 …… 3/2011 ……. 3/2012 ……. 9/2012

Third-party gold
deposited by BIS
in gold sight
accounts
…………….. 23,039.1 … 40,219.9 … 33,177.8 …. 31,881.7 … 33,565.6

Gold deposited
in BIS gold sight
accounts
…………….. 23,039.1 … 32,057 ….. 21,264.3 …. 19,617.6 … 18,948.3

Gold
derivatives
…………….. 0 ……….. 8,162.9 ….. 11,913.5 …. 12,264.1 … 14,617.3

Total gold
deposited in gold
sight accounts
and derivatives
……. 23,039.1 … 40,219.9 .. 33,177.8 … 31,881.7 … 33,565.6
.
.
Tonnes

Third-party
gold deposited
by BIS in gold
sight accounts
……… 1,197.45 …… 1,704.8 ….. 1,139 ……….. 923 ……. 902.43

Gold deposited
in BIS gold sight
accounts
……………… 1,197.45 …… 1,358.8 ……… 730 ……….. 568 ……. 509.43

Gold derivatives ……….. 0 ……………. 346 ………… 409 ………. 355 …….. 393

Total third-party
gold deposited by
BIS in gold sight
accounts and gold
derivatives
…………… 1,197.45 …… 1,704.8 …… 1,139 ……. 923 …… 902.43

Gold earmarked accounts
…………………………………. 212 …………. 212 ………. 297 …….. 323 …….. N/A

Robert Lambourne is a British businessman and consultant to GATA.

* * *

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UBS Goes Down – From Drake & Neil Keenan

American National Militia

This news reports the intended dismantling/divestiture of Union Bank of Switzerland.

The documents show the asset value according to weight and purity as required in such transactions.  I suggest this is a ‘THEFT’ from The Collateral Accounts, as none of these ‘assets’ belongs to any individual, company, or government.  Rather these assets belong to ALL The People of The World.  I offer that IF said assets are to be ‘exercised’, the ‘holders’ of these assets are Required to first pay the interest due, 2.5 – 3.5% per anum in Gold Bullion of the same quality (99.98%).  As an exercise, when contracted interest has not been paid, the Full amount of Collateral plus Interest is due and payable.

Note that one Document states these are Collateral Account Assets.

            ~ Drake

From Neil Keenan – Read:

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