Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Jim Willie: There is a Race On for a Gold-Backed Currency Before the Economy Implodes [Transcript]

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


Jim Willie, in an interview with Perpetual Assets on 7-25-15 states, “Everything is messed up. Treasury bonds, our relationship with China, Greece and gold.”

Interviewer: From our standpoint , being dealers, from viewing the action in silver, the last 2 weeks have just been unbelievable. The Mint has announced suspension of sales, and we’ve seen premiums increase. 

It seems very different this time than previous times, in that it is very, very tight. We’ve had one of the largest dealers in the country are not even taking orders for silver, because they are more than 30 days behind. 

Other massive wholesalers’ phone systems are down. Orders are backed up 2-3 weeks on orders that even is in stock. What have you been seeing? 

Willie: First of all, its not a gold market, it’s an arena with gladiators and lions in it.


A race is on to come up with gold-backed banking before everything implodes. 
I think the currency reset is going to happen a LOT sooner than some believe. 

 
There’s no equilibrium towards suppy and demand. You can buy, which is hard to do, and to sell, you are not given a proper price. The alternative markets require you to pay a premium, or a finder’s fee, to find a product where you can actually receive delivery, the premium is between 25 – 50%. 
 

I enjoy what’s going on now. I want to see a 
sub $1,000 gold price, which I think is inevitable.

What they are doing is offering whatever gold is left at a bargain basement price to 
the smart people who are willing to buy.
 

The Gold Mining Industry is Being Wrecked

I see a market being ruined. This is the end of days. I enjoy what’s going on now. I want to see a sub-$1,000 gold price, which I think is inevitable. All you hear is that we’ve got a recovery and we’re doing fine and gold earns no yield.  

Notice that the gold mining industry is grinding to a halt. The marginal projects are going off-line. There was a story from a guy in Canada and he said, “He said he had a story about what’s going on in Yellowknife, which is a remote area. For environmental rules they were shutting down and capping the mines in Yellowknife, which were putting out ample gold.

They are actually spending billions of dollars to cap several mines, scrap the equipment, and salvage what they could. To restart these mines would be 2 years”. So they are wrecking the gold mining industry. 

I welcome the decline in the gold price from the Comex arena. What they are doing is offering whatever is left at a bargain basement price to the smart people who are willing to buy.  

These are extreme shortages for sure, which I like. I want the mining industry for gold to say they are not going to sell any of their output to the market, but sell it to the Chinese at 20-30%  premium. FU- Wall Street and Washington! 

The Voice said when they robbed Fort Knox of gold reserves, and when they drained Libya’s gold reserves. The elite have……. ……….read the rest of the story at GramsGold.com

 

 
Protect Your Hard-Earned Dollars by Saving Gold & Earn Money in the Process

24K Gold Sold in currency sized grams , laminate-sealed 
in cards and hologrammed for authenticity. 

Click here for more info. 

 
Seeking business-minded people as sales affiliates throughout the world

The article above was written on the following 2-part interview:

 



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.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.



Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It’s OXYGENATED

It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex


Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.


Try Our Humic and Fulvic Liquid Trace Mineral Complex today. 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

    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.