Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Stewart Thomson: QE & Gold Revaluation!

February 20, 2013 by mosesman
http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm
Click on image to goto article!
  • Stewart Thomson is correct in his assessment. There will be a gold revaluation! Ie. gold will go up very much higher in price. I am of the opinion that the US treasury will revalue the price of gold ($5,000/oz?) overnight to bail out their bankster buddies. The US treasury is essentially Goldman Sucks! Once, the official revaluation is announced, a force majeure will be declared.
    –
  • The bullion banksters manipulating the price of gold are caught with billions of dollars of naked shorts. Any attempts by them to do a major short covering will cause the price of gold to rocket higher dramatically (US$3500/oz upwards??). With a force majeure, the banksters will be able to cover all their naked shorts at the last traded price (ie. currently at US$1610/oz). The bullion banksters have been shorting the paper gold market while accumulating physical gold. It is a SCAM !
    –
  • I do not believe that the banksters can or will allow the current state of affairs to go on much longer. Because massive quantity of gold are flowing to China and the emerging economies. Once they lose the bulk of their physical gold, they will lose the next stage of the monetary war. Jim Sinclair correctly pointed out that the gold market is at the stage similar to 1979, just before the price explosion upwards. Gold bugs and silver warriors, who are taking an enormous beating, need to just sit tight and chillax!
    –
    QE & Gold Revaluation! 
    by Stewart Thomson, www.gracelandupdates.com 
    Staring all day long at the supposed “super top” head and shoulders pattern in place on the HUI index is a good way to create fear, but I doubt it will create any lasting wealth. It certainly won’t build any gold mines.
    –
    Markets are ruled by fundamentals, not charts. The largest institutional liquidity flows occur when key fundamental reports are released.
    –
    Fundamentally, gold stock investors need to focus on the history of quantitative easing.
    –
    As the year 1933 began, the great depression was reaching its point of maximum intensity. To view that intensity, please click here now .

    –
    Although official unemployment was approaching 25% then, the central bank of the United States was growing increasingly reluctant (much like the situation today) to accelerate quantitative easing, despite pressure from the US government.
    –
    In a 1933 nutshell, the bank wanted to print less money, and the US government wanted more.
    –
    By November of 1933, a frustrated central bank brought quantitative easing to a complete halt. How did the US government respond to that?
    –
    The answer is that just two months later, on January 30, 1934, it passed the Gold Reserve Act. The US government revalued gold about 70% higher, and then continued purchasing it aggressively at that price, using printed money.
    –
    The QE baton was thereby passed from the government T-bond “runner”, to gold bullion!

    –
    In the mainstream media, a similar halt to quantitative easing is being widely discussed now. You should probably view quantitative easing, targeted at corporate & government debt instruments, as the ultimate central bank conventional weapon.
    –
    In contrast, gold revaluation and money printing are the nuclear weapons arsenal held by government treasury departments.
    –
    In a showdown between central banks and governments, governments win. They won in the 1930s depression, and they will win in this super-crisis.

    –
    The days of Ben Bernanke demanding that President Obama “get the government’s financial house in order” before he ramps up QE more, are coming to a quick ending. The only question is, will it be a painful ending for Chairman Bernanke?
    –
    His counterpart in Japan, Governor Masaaki Shirakawa, learned the power of government, the hard way. He resigns on March 19. Shinzo Abe essentially slapped the Governor’s face publicly, and is now demanding “performance” from the Bank of Japan.
    –
    The bank is now claiming it’s not sure what new measures it could take, to expand the balance sheet. I assure you that Shinzo Abe is fully aware of the power he has, to order the Bank of Japan to begin significant purchases of gold with printed money.
    –
    Gold is going higher, much higher. It’s going higher because government treasury departments are moving away from quantitative easing involving bonds, and towards QE involving gold. The gold bears will be destroyed, and everything they made you afraid of will seem ridiculous, in hindsight. There will be no currency war, but there will be co-ordinated devaluation of all G20 currencies against gold, just like there was in the 1930s.
    –
    read more!

end

Post navigation

Previous Post:

James Turk: Central Planners Are About To Completely Lose Control !

Next Post:

James Turk: US Treasury Enters The Gold War!

Pages

  • About

Recent Posts

  • Increasing Tremor Along the Cascadia. EQ Swarm Continues at MT. Rainier. Saturday Night Update
  • ‘Israel Burns After Nuclear Attack’: Iran Official Shares Chilling Pic Of ‘Apocalypse’ | WW3 Teaser?
  • ⚡ALERT: Nuclear Plans LEAKED! Avoid These Kill Zones!
  • Leaked: Israeli Plan To Restart Iran War; Netanyahu Told Trump When IDF Will Attack; He Replied…
  • Third Temple Update : Final Rehearsal Done, Real Ceremony Date Leaked Online
  • Southern California EQ Swarm… Something Bigger Soon? Friday Night Update 7/11/2025
  • Alarming Cardiac Surge EXPOSED What’s Behind the Sudden Spike?
  • ALERT: Their Secret Plan To Revalue Gold Was Just Leaked
  • Iran To Attack Israel With Putin’s Jets? Russian IL-76 Military Aircraft ‘Unloads Cargo’ In Tehran
  • UK Economy on Brink of ‘COLLAPSE’ After SPOOKED Debt Markets SOAR: Labour face ‘THIRD WORLD BAILOUT’
  • 4.3 Earthquake With Numerous Swarms Around the San Andreas Fault. Be Ready! Friday Update 7/11/2026
  • Powerful Earthquake Swarm Rocks California Sparking Fears of the Big One
  • BRICS Just Bypassed the Dollar #shorts
  • Shocking Move By US Sets Tone, Dollar Declining! | Tavi Costa
  • China’s Top Self-Service Hotpot Collapses, 30,000 Closures in H1, Franchisees Lose All After 45 Days
  • Families Crushed by China’s Housing Crash: Mortgages, Foreclosures, and Broken Dreams
  • The Fed’s CATASTROPHIC BAILOUT Of The Repo Market EXPOSED
  • Existence of Zionist Israel is antithetical to Judaism: Rabbi Weiss
  • 🔴 BREAKOUT ALERT! Silver is Blowing SKY HIGH! | Jordan Roy-Byrne
  • The Great Silver Escape! – LFTV Ep 231
  • Giza Pyramid Cover-Up: Massive City, Hidden Water Tunnels and Ancient Tech Beneath the Pyramids!
  • Game Changer: North Korea Will Fight Alongside Iran! Geopolitical Trends!!
  • Why Iran’s Next Move Could Shock the World!
  • Confirmed: Iran Missile SUCCESSFULLY Bombed Biggest U.S. Air Base; Pentagon’s Big Admission | Qatar
  • Jim Rickards: Why Tariffs Work and the Lie They’ve Told for 50 Years
  • Michael Oliver – Silver Has a New Unstoppable Momentum
  • Gold, Dollar & Copper Pivot: Central Banks Hoard Bullion, Miners Chase Copper | Frank Giustra
  • ‘No Escape’ From Debt Collapse – ‘We’re in the End Game’: Alasdair Macleod

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
February 2013
M T W T F S S
« Jan   Mar »
 123
45678910
11121314151617
18192021222324
25262728  
© 2025 Socio-Economics History Blog | WordPress Theme by Superbthemes