China is busy recasting all of their gold reserves into smaller one kilo bars in order to issue a new ‘gold backed’ global currency. This is no doubt the reason for the recent trade agreements with Russia, Japan, Chile, Brazil, India, and Iran. Expect to see more nations sign new trade agreements with China in the near future.
GATA now estimates that 80% of the gold (40.000 metric tons) supposedly stored in the vaults/allocated accounts of the bullion brokerages is long gone. Clients retrieving their allocated gold have had much trouble in doing so, and when they do manage to take possession, their gold does not bear the registered serial numbers they are supposed to. One can only wonder how much of the allocated gold is now 1 kilo bars. Additionally we now read that China is interested in purchasing Gold mines.
Here is an excerpt from Jim Willie’s recent ‘Hat Trick Letter’
CHINA RECASTS GOLD BARS
China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system. The big gold recast project points to the Chinese preparing for a new system of trade settlement. In the process they must be constructing a foundation for a possible new monetary system based in gold that supports the trade payments. Initally used for trade, it will later be used in banking. The USTBond will be shucked aside. Regard the Chinese project as preliminary to a collapse in the debt-based USDollar system. The Chinese are removing thousands of metric tons of gold bars from London, New York, and Switzerland. They are recasting the bars, no longer to bear weights in ounces, but rather kilograms. The larger Good Delivery bars are being reduced into 1-kg bars and stored in China. It is not clear whether the recast project is being done entirely in China, as some indication has come that Swiss foundries might be involved, since they have so much experience and capacity.
The story of recasting in London is confirmed by my best source. It seems patently clear that the Chinese are preparing for a new system for trade settlement system, to coincide with a new banking reserve system. They might make a sizeable portion of the new 1-kg bars available for retail investors and wealthy individuals in China. They will discard the toxic USTreasury Bond basis for banking. Two messages are unmistakable. A grand flipped bird (aka FU) is being given to the Western and British system of pounds and ounces and other queer ton measures. But perhaps something bigger is involved. Maybe a formal investigation of tungsten laced bars is being conducted in hidden manner. In early 2010, the issue of tungsten salted bars became a big story, obviously kept hush hush. The trails emanated from Fort Knox, as in pilferage of its inventory. The pathways extended through Panama in other routes known to the contraband crowd, that perverse trade of white powder known on the street as Horse & Blow, or Boy & Girl.
Excerpted from our Saviour’s warning in a June 30th prophecy! (the ‘king of the south’ being the leader of China)
Now comes the time, and it is at your door, when many nations shall terrorize you, oh nation of America! For, as you have sown, so shall you reap!
The wind is coming! Yes, a very great wind from the South is coming! A very great Southerly wind will come upon this nation and this wind from the South will greatly trouble you!
Yes, the King of the South will rise up and he will collect his own nations; and they shall rise up to defeat and to overthrow this nation, not through war, not yet through war, but soon through war! However, at this time, they shall rise up; and soon, en masse, they will rise up to overthrow the dollar! And, this wind will blow hot! This wind will blow upon you with a great force and this great wind will cause you to suffer an irreparable crack in the economy of this nation. And, the rumbles of this great wind shall crash and crack and beat and dissolve, beat and dissolve, pound and pummel the very economic structure of this nation!
Amazing ‘biblical signs’ now appearing in heavens.. photos here
UPDATE! More Leaked Intel Regarding Foreign Troops In The USA! Link Here!
Eyewitness testimony of the Russian special forces now embedded in Colorado has been pouring in. Read how they have been setting many of the forest fires in order to destabilize America on behalf of the NWO! They are also responsible for the multiple underground explosions in Michigan and Wisconsin. Link Here!