Listen to Andy discuss:
– Grexit coming to an EU near you.
– Currencies collapsing.
– Mining industry implosion taking place now.
– China lowered rates and industrial production plunging.
– Yuan deepening coming for certain.
This interview was hosted by Financial Survival Network.
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Andy, the Chinese govt is showing image of gold coin with Chinese Yuan written on it in giant advertising billboards. This is not some tinfoil hat kooky stuff, it’s hard real fact. See the image here:
http://www.sovereignman.com/wp-content/uploads/2015/03/RMB-world-currency-billboard.png
The 2nd incarnation of New York-London gold pool is on the verge of collapse. And perhaps extreme desperation related to it explains these attacks on paper metal prices?!?
Something extreme is going on behind the scenes & only a short matter if/when announcement of gold pool collapsing will become public?
Something VERY ugly will happen shortly, forever ending the “world as we have known it.”
a
Hi Andy
I haven’t heard you this agitated in a while!
What is so different this week to previous ones? As far as I can see, the manipulation continues,
The criminality is just the same, and if anything there seems less drastic news this week than in previous weeks. So what’s rattled your cage so much?
I for one find myself getting increasingly more grumpy as I watch what’s going on, not for my own position but for the wellbeing of all humanity.
I have to ask you Andy…. What’s your take on the HSBC closing its vaults?
I read Bills article calling into question its validity, but since then Maguire has come out with an update on KWN Saying HSBC are calling these closures “public depositories” and not vaults.
Either way something is weird about this story, along with the opening of a new gold exchange.
Are we really about to get true price discovery, or will it just be more of the same?
Also pertaining to your comment that we WILL see a Chinese depeg, the thought does occur to me that this might happen once the new gold exchange goes live, this would make sense
As it serve two purposes, i)it would by default cause an arbitrage of gold into a revalued Yuan
Which would then have no relation to the dollar price. ii) expose the naked short position of the western banks. The question is…. Have the Chinese got all the gold they want yet? Because if not I can’t see any of this happening until there isn’t a single oz left to vacuume up.
Been fighting the Cartel for 13 years straight, and thus I’m extremely agitated – as we head for the finish line of global currency collapse.
Re: HSBC, who knows? Just another piece in the puzzle, as the “New York Gold Pool” nears its end.
And as for the Chinese Yuan de-peg, don’t overthink it. They are simply getting killed in the “final currency war,” and are desperate to push the Yuan down. Which is why announcing their gold holdings just yet wouldn’t be counter-productive.
a