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The Cash Crunch: The Short Version...
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Anonymous Coward |
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They will release the new bills when Gold gets changed from a tier 3 asset to the new tier 1 asset by the BIS. This move will increase the value (weighting) of "their" Gold by 100% balance sheet reserve wise. This will be the great reset and the forgiveness of trillions in debts owed. I suspect they are unwinding alot but not all CDS deals as fast as they can before this happens in early 2013
Quoting: Anonymous Coward 17694439 You know I've heard a lot of theories about the Fed possibly moving back to the Gold standard in conjunction with China, and perhaps the Euro... I even discussed that possiblity in the previous thread, because my source at the Fed says the excuses they are using for not releasing the new $100 bill into circulation are total and complete BULLSHIT!!! Knowing that governments all over the world are currently auditing their gold holdings, this would not surprise me, but I think you are right, this will only come after an economic reset the likes of which we've never seen before... Quoting: Saddletramp This is why Gold is being suppressed right now as the central banks are hording. They will double the asset reserves on their balance sheets with just the tier rule change alone and then Gold should double in price within weeks of this rule change and then what do we have ? Central banks balance sheets will have a shot of adreniline being that their Gold holdings reserves are now worth 300% of what they were. Nice when you control the price of everything.
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