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

Default Feared – Gold & Silver Paper Claims Hit All-Time Highs

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


On the heels of continued anti-gold propaganda on the part of the mainstream media, today, from Singapore, Grant Williams warned King World News that paper gold and silver claims have hit a new all-time high. This is fueling fears that a default will take place at the LBMA and COMEX. KWN is pleased to share this extraordinarily powerful and exclusive piece with our global readers. Once again, this is a warning to all global market participants to brace themselves for a coming default on one or both of the metals exchanges.

August 8 (King World News) – By Grant Williams

Warning – Paper Claims For Gold & Silver Hit All-Time Highs

Until July 2012, the London Interbank Offered rate (LIBOR) was the biggest little number that nobody outside finance understood, and yet it touched the lives of virtually everybody.

LIBOR is an interest rate that gets calculated for ten currencies and fifteen borrowing periods that range from overnight to one year. It is published every day in London after submissions from a group of major banks. Currently, eighteen banks contribute to the fixing of US dollar Libor, for example. The LIBOR rate is calculated by taking estimates from each of the banks, throwing out the highest and lowest four indications and averaging the remaining ten.

The resulting number itself is measured in mere basis points (hundredths of one percentage point), but it underpins a staggering $350 TRILLION in derivatives and is a vital component in setting the price on hundreds of thousands of OTC transactions around the globe every day. The wonder of leverage at work….

Read More Here



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.

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.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


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 1 comment
    • Anonymous

      But there were fires!

    MOST RECENT
    Load more ...

    SignUp

    Login