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Harvey Organ -There is NO GOLD left in the US - We Are In for a Catastrophe the World Has Never Seen

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The world order is in transition. We are living through historic and monumental changes. Empires throughout history do not last longer than 250 years. There are seven stages of empires:

  1. Pioneering Stage
  2. Age of conquest
  3. Age of commerce
  4. Age of affluence
  5. Age of Intellect
  6. Age of Decadence
  7. Age of Decline and Collapse

They year 2026 is 250 years from the birthdate of this country in 1776.

‘They’ll just reset the gold price and we’ll just start all over again.

I think you’re going to see the mess starting on Labor Day. The stock market is going to plummet.”

 

Harvey Organ keeps an eagle’s eye on the precious metals market. “The wheels are starting to fall off…it’s really the aggregate demand falling off around the world. The strong dollar is causing trade deficits to skyrocket, as other countries are not able to buy American goods,” says gold expert Harvey Organ in an interview with Rick Wiles of Trunews on September 4, 2015.

The price of gold and silver is down, but dealers say they can’t get their hands on it. There is a huge difference between the physical price of gold and the paper price, which is a paper obligation to give you that metal. In silver, in the last few days, silver is about $5 premium over spot and gold is considerable.

Today, for the first time, the mainstream media, the London Financial Times, said that gold is in scarce supply. They also said that huge amounts have moved to China, about 73 tons a week into Shanghai for the last few weeks. Extrapolated over the whole year, you are looking at 2,300 tons. That is the amount of the entire production of the world, ex-China and Russia.

China brings in equivalent to 100% of the world’s annual gold production. We also have India reporting today that they imported 560 tons for a month. That will probably be about 1,000 tons. Let’s take both China and Russia buying 3,200 tons a year and the world produces 2,200 a year.  Where is the gold coming from?

Is it coming from Fort Knox?I doubt it. I’d be willing to bet it’s being depleted from the Federal Reserve Bank of New York,” which doesn’t belong to the United States, and its gold is supposedly being held for other nations.

The gold in the New York Fed belongs to Germany and Austria. Yet, Germany asked for their gold from the US in 2012 and was told it would take 7 years and they could only get a percentage back. If the gold was there, Germany would have had its gold back.

But Austria got its 122 tons 6 months ago. And I believe that the Malaysian airline that got lost, and the black box was the reason why. The US blackmailed them into getting their gold back in return for hiding the black box, which was said to be a US hit and a Ukrainian gold heist.

“That’s my theory, that the Federal Reserve Bank is the conduit in which gold is going into China.

I’ve notice that for the last 5 weeks that gold from the GLD has stopped. GLD was a good supplier of gold…I don’t think the amount of gold they say they have is there. It’s on the New York Stock Exchange. It gone to a low of 670 and it stopped. I am pretty sure that the gold that is..housed at the Bank of England is gone.”

What could bring about the moment of truth, when the world finally realizes the gold is gone?

Organ says,

“China is going to demand its gold.

I feel the game ends when China asks for its last ounce of gold and it doesn’t come.

Then everything defaults and it …all blows up (paper and interest rate defaults, credit default swaps.)

It will happen in a nanosecond. 

China knows this. China is ready to go on the gold standard.” China still has cities and I guess they actually have 20,000 tons of gold.

What happens then? Credit cards won’t work, banks won’t work – it will be awful. The experiment from 1971 where they went off the gold standard is going to cause a catastrophe the world has never seen before.”

For thousands of years, since coins were invented in 600 BC, money has always been made with something of value. “I think Bill Holter says it correctly, ‘They’ll just reset the gold price and we’ll just start all over again.”

I think you’re going to see the mess starting on Labor Day. The stock market is going to plummet.” On Sunday Sept 13, the China stock market opens up at 9:30.

 

Source: GramsGold.net

Accumulate Gold and Make Money in the Process

 

 



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