Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Jim Willie: Exposure of Allocated Gold Account Raids Will DEVASTATE The Major Banks!

July 30, 2012 by mosesman
Global meltdown super storm is coming!
  • This is an excellent piece (once again) by Jim Willie. It is somewhat long but worth reading the entire article. Excerpts: (emphasis mine)
    –
    Jim Willie: Exposure of Allocated Gold Account Raids Will DEVASTATE the Major Banks! 
    by Jim Willie, http://www.goldenjackass.com/ , via http://www.silverdoctors.com/ 
    …
    ALLOCATED GOLD & 40 THOUSAND METRIC TONS SHORT
    An assured jump in the banker brush fire will be the revelation of massive raids on Allocated Gold accounts done systematically over two decades. The big Western banks have been illegally grabbing the gold bars via unauthorized leasing, then selling them in the open market in order to maintain the artificially low Gold & Silver prices. The process of revelation is already well along, with important major lawsuits in Switzerland. The Matterhorn case where Von Greyerz pointed out the long delays for his fund investors to receive their gold bars from Allocated accounts has added to the controversy. The gold bars arrived with stamps and dates much younger than the original bars owned, lifting the veil of fraud. The scandal has not yet reached the public eye, but it will very soon. Some Gold experts call it The Mother of All Gold Scandals. Several class action lawsuits totaling several $billion are underway in the elite banker nation of Switzerland. So far, the coopted press has kept a lid on the story. The leaks will be natural, like an overflow of chocolate from the vat. The documents concerning the serious illegal activity will be more visible amidst document discovery during the LIBOR investigations.

    –
    My best source shared in 2010 that at least 20 thousand tons of Gold had improperly been taken, leased, and replaced with gold paper certificates in vaulted locations. The bullion bankers were dangerously short. In 2011, he admitted that the criminal activity had easily surpassed 40 thousand tons of Gold illegally leased, resulting in a massive short position for the bullion banks. In 2012, he increased his estimate to between 40 and 60 thousand metric tons of gold illegally seized from Allocated Gold accounts, the short position totally out of control and absolutely impossible to bring into balance with short covering. In the last week, he passed along a communication with a veteran Gold expert with decades of savvy experience. They concluded that remedy for the vast gigantic short position by the gold bullion bankers will send the Gold price well over $10,000 per ounce. They believe probably by the end of the criminal prosecution remedy, the resolution of the defrauded Allocated gold accounts, and the installation of the new trade system alternative, the Gold price will find a natural value at least twice that elevated value. Expect further revelations and documented evidence of vast Allocated Gold account raids, and improper raids to gut the Exchange Traded Funds (GLD, SLV). It is only natural in the brush fire jumps.
    –
    The Gold Bull will hit on all eight cylinders, and adopt another four cylinders, when the Allocated Gold account fraud is revealed and hits the news. Only then will public calls for broad criminal prosecution be accompanied by equal calls by the very wealthy. By then, speculation will extend to how high the Gold price can go, and to what limit. Think at that point, unlimited extensive money growth, a gaggle of futile bank aid packages, and currency debasement abuse from the hyper monetary inflation underway for over four years. The Gold price must match the abuse stride for stride, when at the same time react to forced bullion banker purchases of Gold in order to replace the raided Allocated accounts. A frenzy will come.
    …
    GOLD IS THE TRUE SANCTUARY
    The concept of solutions for the global monetary system, the global currency system, and the global banking system, have become outright laughable and an insult to the intelligence of observers. The paper system has become weighed down by toxic assets to the point of rendering the entire system insolvent and sinking its future prospects
    . No new debt can repair and provide remedy for the fatally sick and current overly indebted dying system. The new trade settlement facilities are ready to put in place, based upon a Gold & Silver core. That word has come from a source directly involved in the preparation process for the Eastern Fortress. The trade notes will provide the lubrication to complete trade, which will have a hard asset core. The USDollar will gradually fade away from trade settlement, except for the United States, Canada, the United Kingdom, and possibly Southern Europe. The great tipping point approaches, whereby over half of global trade will be settled outside the domain of the crippled toxic USDollar. The foreign participants can no longer tolerate the bank bond fraud, the central bank debasement, and the usage of bank devices as weapons.

    –
    read more!

end

Post navigation

Previous Post:

Spanish Bail-Out ‘Impossible’, Experts Warn!

Next Post:

Jim Willie: Dollar Collapse, Non US$ Trade Settlement System, Return To The Gold Standard …

Pages

  • About

Recent Posts

  • ‘Wipe Out Tel Aviv NOW…’: Khamenei’s TERRIFYING Order Viral As Iran Rains 100+ Drones On Israel
  • Iran STRIKES Israel; Big Air Attack Launched | Tehran UNLEASHES 100 Drones On Jewish State
  • ⚡ALERT: Iran’s Counterattack On Israel Has Begun
  • Iran To Hit Netanyahu? ‘Revenge Assassination Vow’ After Army & IRGC Chiefs Killed In Israeli Strike
  • Iran To Rain 2000 Ballistic Missiles On Israel In Revenge? Chilling US Warning As IDF Strikes
  • 🚨 EMERGENCY ALERT! 🚨 Iran War Coverage w/ Intelligence Analyst
  • Israel Iran War Live Updates | Israel Airstrike Iran, Loud Explosions Rock Tehran |US On High Alert
  • Israel Carries Out Attacks on Iran’s Capital, Tehran: Reports
  • ⚡IT HAS BEGUN. It’s Going NUCLEAR
  • STATE OF EMERGENCY: Netanyahu CONFIRMS Israel Strikes Targeted Iranian Nuclear Facility
  • MASSIVE ISRAELI AIRSTRIKES PUMMEL IRAN, WAR BEGINS IN MIDDLE EAST! Breaking War News W The Enforcer
  • Entire Middle East In Flames? Houthis Issue ‘All-Out War’ Warning Amid Fear Of Israel Attack On Iran
  • ‘Missiles Ready’: Iran Sends Direct Message To Israel & U.S. | Big Nuclear Dare To Trump-Bibi
  • On Cam: ‘Big Conflict, Missiles…’: Trump Confirms Israel-Iran War Over Iranian Nuke Programme?
  • Dollar Plummets To Recent Lows…Did The CRASH Just Start?
  • FLASH — BULLETIN — URGENT — Multiple Reports “Hundreds of Fighter Jets” Over Iraq Heading Into Iran
  • ** FLASH ** Israel Confirms It Will Attack Iran And Ignite Greater Middle East War
  • (It’s Over). The US Budget Deficit Skyrockets … And The Dollar is Cratering. Mannarino
  • 🔴 Witkoff: “IT’LL BE A MASSACRE IN ISRAEL!” | Iran’s URGENT Drill | US Evacuation FROM ISRAEL
  • The American Journal: Israel Set To Attack Iran Nuclear Facilities? Trump Says, “You’ll Have To See,” When Asked Why Families Of US Troops Stationed In Middle East Being Evacuated – FULL SHOW – 06/12/2025
  • ISRAEL ABOUT TO ATTACK IRAN! – Trump Claims Plan Is Officially In Place!
  • We Are Potentially in the Biggest Move of All Time in Silver as Gold Wrecks Neo-Keynesian Paradigm.
  • Red ALERT: QE Could Return Soon! Be Ready! | FED President Thomas Hoenig
  • Alex Krainer: The US Banking System is the Key to Challenging the Hegemony
  • Putin’s NUKE Dare For NATO; ‘Russia’s Advanced Nuclear Weapons…’ | Chilling New Warning
  • Peter Zeihan : What’s Coming is Worse Than 1929 – China Collapse , Manufacturing, GDP, Shortage, Depopulation & More
  • ⚡NATO Wants a Nuclear War!? 1 Billion Dead!? Why Isn’t Russia Going Faster? w/ Alex Krainer
  • No One Is Ready For What’s Happening In Britain…

Archives

  • 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
July 2012
M T W T F S S
« Jun   Aug »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
© 2025 Socio-Economics History Blog | WordPress Theme by Superbthemes