The Never-Ending Story of the Destruction of a Modern State
EU Banksters to Steal 10 tons of Cyprus Gold in Government Vaults
Double-Whammy to Hit Cyprus, Gold Investors, as International Banksters Drive Down Price of Gold on Spot Markets to Get More of Cypriot Gold
The never-ending story of the destruction of a modern State continues as the millions of people in the affected areas watch helpless while the financial vultures devour their countries and dump them into a pit of poverty.
The latest outrage in this drama is now taking place in the government vaults in Cyprus, where the EU banksters have demanded Cyprus transfer 10 tons of gold to them in order to receive “loans” to re-capitalize their banks. This raid on the gold vaults will bankrupt the government of Cyprus, leaving them a mere 3 tons of gold left to “back” their currency. And even this may vanish into the vaults of the EU, as the estimated value of 400 million euros of the gold is now dropping daily as the big international banksters are at the same time trying to drive down the price of gold on the spot market.
As of 15 April, 2013, gold has been driven down to $1378.00 U.S. per ounce, a huge 12 percent slide since just 11 April. The big banksters, spreading fear and propaganda around the world, are causing a “panic sell-off” on gold. Hedge funds and big investors dumping gold is driving down the price, the shorts shaking out anyone long on gold, and at the same time making the gold in the vaults of the Cypriot government less valuable every day, pushing them to “hurry up and transfer the gold to us before it becomes worth less (or worthless?)”. This is a trick as old as humanity, but the pressure on the Parliament in Cyprus is enormous, and they must be reeling under it. The events of the last couple of months has shown that in actuality, democracy is finished in Cyprus – it is done. The very fact that the second “offer” of the E.U. banksters was never passed by Parliament, but only signed directly by the President and the representative of the E.U. was the last nail in the coffin of democracy. For Cyprus, it is now the rule of the banksters.
Lies Spew Forth From Goldman Sachs and J.P. Morgan
Meanwhile, trying to add fuel to the fire sale on gold, banks like Morgan and Goldman Sachs have revved up their propaganda machines, spreading the lie that inflation is “gone” and there is now no chance of inflation, so all you out there who own gold are stupid to hold it. Sell it now and get into the stock market they say.
Goldman Sachs: “the retreat of gold is accelerating.”
J.P. Morgan: “inflation is moving down to around 2 percent in the second half of 2013.”
National Securities Corp. in NY: “The perception is that gold is not really needed as a safe haven. People are looking at the stock market, and they’re stunned, and there’s no inflation. So people are saying, ‘What do we need gold for?’”
Bloomberg: “The price of gold is crashing.”
This propaganda push by the big banksters will yield them a huge profit in a short term gold slide. Morgan, pushing the line that inflation is going to bottom at 2% this year, should talk to some common folks and ask them how they have seen skyrocketing prices in food, gasoline, and rents in the last couple of years. Ooooops! We don’t count that, say the banksters. Yeah, the things that matter the most to common folks, aren’t even counted in their phoney statistics. Meanwhile, Morgan has piled up trillions of dollars of derivatives obligations, and the U.S. Fed and the E.U. have pumped up trillions of dollars and euros in their “quantitative easing” schemes, meaning they have massively inflated the money supply by “creating” and printing it, backed by nothing but hot air.
This may be the biggest gold heist in history, since the post-WW 2 theft of the gold and treasures of the Pacific Basin countries by the U.S. and the Vatican, secretly taking the gold from the caves in the Philippines where the Japanese Imperial forces had hidden it. That gold was used mainly by the U.S. C.I.A. in black operations and to prop up the post-war Japanese government. (see “Gold Warriors” by the Seagraves for details).