Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Central Banks’ Gold Likely Gone - Eric Sprott

% of readers think this story is Fact. Add your two cents.


By Greg Hunter’s USAWatchdog.com  

Money manager Eric Sprott says, “The central banks’ gold is likely gone with no realistic chance of getting it back.”  Don’t expect this revelation to get any coverage by the mainstream media.  In an interview last week, Sprott’s analysis was met with words such as “gold bug” and “conspiracy theory.”  Sprott answers that sort of disrespect by saying, “We’ve had so many conspiracies, I don’t know why anyone would think this was unusual.”  To back up his point, he named“LIBOR, electricity markets in California and the Madoff” scandals.  Sprott’s analysis shows a “flat supply” and at least a “2,500 ton net increase in gold demand” since 2000.  “Where’s all the gold coming from?” asks Sprott.  He says Western central banks “. . . keep supplying this market with product in order to keep the price down so nobody knows how vulnerable the situation is.”  Sprott, who manages nearly $10 billion in assets, boldly proclaims, “We have a shortage of gold.”  Join Greg Hunter as he goes One-on-One with Eric Sprott of Sprott Asset Management.

(Click here for Eric Sprott’s recent analysis of the gold market in reference to the central bank holdings.)

(Click here for interview with Mr. Sprott last week on Bloomberg TV.)    (I think this disrespects his analysis.  Remember, he runs a $10 billion fund!)

http://usawatchdog.com/central-banks-gold-likely-gone-eric-sprott/



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 2 comments
    • Anonymous

      Central Banks are private companies so it is of no surprise if the gold goes anywhere. But, that is the whole idea, why are we giving so much power in the hands of private banks because Ron Paul and the like want less government to insure the citizien’s protection but you remove regulations anything goes and this becomes just a game of monopoly with only a few winners.

      • YellowRoseTx51

        I call BS. Ron Paul did nothing of the sort. I am trained in Accounting and Bills of Exchange and have been personally tracing instruments for 6 years. I can attest to these facts:

        In 1913 through 1917 the COMMERCE Laws and Common Laws were altered. The CORPORATIONS owe the People a debt for the Security Agreement that is still on file; for “use of the Security”; “Labor”; “Land and National Resources” to ‘do business as’ and to be able to ‘incur debt’. The alteration allowed the CORPORATIONS to make the People the Surety of the Debt, the CORPORATIONS owed the Public.

        In accounting terms, what this has done is every time you receive a Certified Bill, and Pay Cash rather than Accepting the Bill, this goes onto the ‘debt’ side of the ledger as a double payment. This is reflected on the National Debt, in the same way bouncing a check multiple times creates more ‘debt’. The CORPORATIONS receive their Profit from the Person, whether you pay cash or not.

        This is called Double Enrichment and it is illegal. So what they did was make these instruments a “National Security” and now disallow the people to view the instruments and to validate the ‘debt’ the CORPORATIONS are claiming on the People. Instead of canceling the instruments the CORPORATIONS are robo-signing them and cashing them over and over, creating multiple streams of profit for the CORPORATIONS and tripling the National Debt. All of this fraud, allows them to present in COURTS created documents of ‘debt’ while not showing the incredible amount of Profit they have already taken through the back door created by the Federal Reserve.

        They removed Bills of Exchange, and Commerce history from the Schools. It was Taught. If you do not know what a Financial instrument is, then how would you recognize a theft?

        It was taught: The Covens of Azazel are the PAPAL, the ROYAL, and the FEDERAL whom are the lesser nobility.

        The Vatican created the CORPORATIONS with Canon law of ‘god’ El (Azazel): “All Names of GOD must be in all Capital Letters; All Covens of GOD must be in All Capital Letters preceded by ‘of’ to denote ‘possessed by’ GOD, and must display their Registered Coven Symbol” which became called the CORPORATE LOGO.

        Rothschild family created the Bills of Exchange with the EAST INDIA COMPANY and this formed the Largest Company Store system on Earth.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.