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Obadiah Chapter 1 עֹבַדְיָה
ATTACK IN ARIZONA
WorldNetDaily Exclusive
Assassin's politics lean 'left wing, quite liberal'
'Communist Manifesto,' 'Mein Kampf,'
listed as alleged gunman's favorite reads
--WND
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“Toning Down The Rhetoric” Means Obeying Big Government
Establishment Media Demonizes Tea Party and Constitutionalists After Giffords Shooting
Arizona Assassin Obsessed With Mind Control
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JOHN HAGEE - REJECTION OF ISRAEL - PART 3
HAL LINDSEY - ISRAEL - PART 1
NERO FIDDLES - ROME BURNS - PUBLIC VIDEO
MUBARAK OF EGYPT IS DYING OF TERMINAL STOMACH CANCER
JOHN HAGEE - REJECTION OF ISRAEL - PART 2
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All over the world sovereign central banks continue to accumulate deliverable gold reserves and dump US dollars. But how much physical gold is being held in vaults beyond the control or knowledge of national governments?
Only official government gold purchases are visible to the goyim. In the shadows, discreet third party contracting companies and government-linked major family trusts are adding to the national gold piles held in covert vaults. Alongside this, across the globe, US dollar holdings and US dollar-denominated debt instruments are being traded in for gold in fast-increasing quantities.
China, Russia and Venezuela have boosted their domestic production of gold, much of which is being systematically purchased by their central banks. China is now the world's largest gold producer and its official gold reserves are increasing by ten percent a year.
In the Middle East, the Gulf Cooperation Council states (Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE), headquartered in Riyadh, are scrambling to building up their gold reserves and reduce their Forex holdings in US dollars. On Tuesday 15th December 2009, Kuwait, Saudi Arabia, Bahrain and Qatar announced the creation of a Monetary Council. This was a major step towards establishing a new gold-backed regional currency.
The European Central Bank already holds twenty five percent of its reserves in the form of deliverable (physical) gold.
What is not clear is how much physical gold is being held in vaults beyond the control or knowledge of national governments. Included among the private gold owners are the gold mining and exploration companies themselves. There are hundreds of these all over the world. One of the rising stars appears to be Vista. In the five months to January 2011, Vista Gold Corporation (Denver, Colorado, USA) doubled the gold held in reserve at its Australian Mount Todd operation. A chart comparing the performance of Vista Gold with the SPDR Gold Trust can be viewed here. How many other invisible Vistas are out there?
In times of systemic economic uncertainty, throwing valuable national resources into paper assets (stocks, bonds, fiat paper derivatives) is neither attractive nor prudent. Compared with shifting fiat fumes, solid gold represents sovereign security.
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