Renminbi Joins SDR Basket

Dear readers,

A milestone event occurred today as the Chinese Renminbi was officially included in the IMF's SDR basket, and we have not seen gold or silver make any huge rallies these past few weeks? This raises many questions regarding gold and silver and the equities markets in general:

• What will happen on Monday?
• Is this event already "baked in the cake."
• Does this have anything to do with the Deutsche Bank collapse?
• Who lost a portion of the SDR pie to let the RMB in, or did the pie just get bigger?
• Is the RMB a quasi gold-backed currency?
• Is the 2016 gold and silver rally due to this event and will it deflate going forward?
• What was the secret deal China made to be allowed in the "good-ol-boys" club?
• Will China forgive US dept and call it a wash?

Seems like the games they play never end. So how are we going to protect our wealth from the constant games "THEY" play with the currencies and the financial markets? 

You take away their balls!

Remember back in the playground when your little brother wanted to play soccer with the big boys and you didn't let him because he was too small and he might get hurt. So what did the little boy do?

He grabbed the ball and ran away with it. Now no one can play THE GAME!

Why do you think a banks BIGGEST fear is a "bank run?" Because that's when the game ends, they have no balls to play with. And the same applies to your stock broker. Without your money in a stock brokerage account, there is no game!

What I'm trying to say here folks is, these shenanigans in the global financial markets will never end until you remove your money or stocks from their control. This is the ONLY way the truth will come out and REAL MONEY, GOLD will emerge as the winner.

This is the true purpose for using the DRS system, and we have the best solution for you.

Please contact us for more information.

Sincerely,

Bosko Kacarevic

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Texas Gold Bill Becomes Law

Texas Governor Greg Abbott signed a bill into law on Friday, June 12, that will allow Texas to build a gold and silver bullion depository. In addition, Texas will repatriate $1 billion worth of bullion from the Federal Reserve in New York to the new facility once completed. 

This is what the governor had to say:   Read more:

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There are four videos and the volume is a little low but it gives you a good overview of how the banking system was created.  BK

Antel Fekete talks about "Real Bills" and "Gold Coins"

"Gold coins are the most marketable instruments known to man. Its holder can trade on the best terms possible. Gold bills are the second most marketable instruments. Demand for them is virtually unlimited. Banks overflowing with gold coins scramble to expel them in exchange for real bills, the best earning asset a commercial bank can have. If you bought a house in the 19th century, you would not accumulate gold coins in anticipation of paying the purchase price on closing day. You accumulated real bills with the same maturity."   Professor Antel E. Fekete

Read full article...

Kinebars: Possible New Gold Currency?

KINEBARS in stock now!

The Kinegram holographic technology is used in currencies and passports around the world because it's fraud proof. Many European banks and corporations are now minting gold with kinegram holograms embedded on the gold. Could "THEY" be planning to introduce a new gold currency using this technology?   BK

CFTC Closes Silver Manipulation Case

Washington, DC – The Commodity Futures Trading Commission (CFTC or Commission) Division of Enforcement has closed the investigation that was publicly confirmed in September 2008 concerning silver markets. The Division of Enforcement is not recommending charges to the Commission in that investigation. For law enforcement and confidentiality reasons, the CFTC only rarely comments publicly on whether it has opened or closed any particular investigation. Nonetheless, given that this particular investigation was confirmed in September 2008, the CFTC deemed it appropriate to inform the public that the investigation is no longer ongoing. Based upon the law and evidence as they exist at this time, there is not a viable basis to bring an enforcement action with respect to any firm or its employees related to our investigation of silver markets.   LINK...
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As we discussed on Gold Radio Cafe in 2011, nothing will be done because there is an Executive Order that was issued by Reagan in 1988 that allows for the "Working Group in Financial Markets" to manipulate the markets to maintain confidence and stability in the US economy. Before anything can be done to enable FREE markets, this Executive Order has to be removed and a return to a Glass-Steagall type of regulation. Otherwise we have to live with it and do our best to survive.    BK

From Wikipedia:

As established by Executive Order 12631, the Working Group on Financial Markets has three Purposes and Functions.

(a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:

(1) the major issues raised by the numerous studies on the events in the financial markets surrounding October 19, 1987*, and any of those recommendations that have the potential to achieve the goals noted above; and

(2) the actions, including governmental actions under existing laws and regulations (such as policy coordination and contingency planning), that are appropriate to carry out these recommendations.

(b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible.
(c) The Working Group shall report to the President initially within 60 days (and periodically thereafter) on its progress and, if appropriate, its views on any recommended legislative changes.^[1][2]

Gold Worth $40,000 Per Ounce?

Forbes

Some believe that the paper money printed by a government should be backed by real money. At a time, one could exchange one’s paper money for real money, whether gold or silver. Then, the United States government ceased exchanging paper money for gold and silver and instead issued gold certificates and silver certificates. In essence, although you can’t get gold or silver for your paper money, you can sleep well knowing that your paper money is backed by gold and silver that the United States government is holding. Then that stopped.   LINK...

Gold Confiscation Argument is Dead

Dijsselbloem, who leads the group of 17 euro finance ministers, said imposing losses on depositors and bondholders can be part of the bailout toolkit after such measures were taken to avoid default in Cyprus.   LINK...
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In light of recent events in the international banking system and government legislations, the idea of someone confiscating your gold is about as likely as pigs flying, no offence to pigs. People forget that during the 1930's the USD was backed by gold and the government needed gold to expand their balance sheet. Also there were no "Registered Retirement" accounts back then and many people stashed gold coins away for safety, not bank deposits, so there was not much liquidity in the banking system. 
Today, we have no gold standard and everyone has a "Registered Retirement" account and deposits in a bank account. The example being set in Cyprus is telling us that if central bankers want your money they will just take it from your deposits and if the government needs to add liquidity to the system they will simply change the rules on your "Registered Retirement" account and take the money away from you, because they have to "save the nation." What do you think "Registered" really means? You give up control of your assets and register them to the government for a tax break now. However you become a debt prisoner in your retirement years. So if you want to "save your bacon" eliminate as many intermediaries as possible between you and your assets. As the old saying goes, "He who holds the gold, makes the rules."   BK

Central Banks Are Net Buyers of Your Gold

"For every buyer, there is a seller and for every seller there is a buyer." Just a reminder that markets are a zero sum game. Who do you think is "The Buyer" on the other side of this gold correction? Don't give up your gold, it's the LEGACY ASSET that Central Banks are after, and they'll do everything in their power to get it from you. The best thing to do is hold your position or buy more if you can.   BK

Central Banks Buy Most Gold in 50 Years:  Read more...

The Truth of Musical Chairs

From a client and fellow Truth seeker... BK
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Hi Bosko

Just wanted to share with you something I just posted for my friends on FB, tangentical to your line of work.

I hardly know where to begin this, or whether it will proceed toward an orderly end. For you see, I've just come to the conclusion that what lies between the past and future, the events which we call the “moment,” are nothing more than will-o'-the-wisps, a phantasmagorical soup of so many ingredients that we can no longer discern what it's made up of. Metaphorically, of course, I'm speaking of truth, or rather, of Truth, the capitalized one, and the virtual disappearance of it from our conscious existence.

Okay, so it sounds a little wacky, but bear with me.

Truth, you see, is nowhere to be seen. Nowhere. I know,.I've looked all over for it, even beneath my couch cushions. Oh, don't get me wrong, I did find lots of the lower case truths (and some old doggie biscuits stashed there by my dog, Phoebe), but no Truths. Let's admit it: we're besieged, befuddled, besotted by truths. Just look at today's headlines in Yahoo Finance. “Political ideology blocking good policy,” screams one. There you go. No longer do we need to wonder why the world's all f*&%$# up. It's damn political ideology throwing chains and what-nots into the gears and cogs of policy! And another headline informs us: “Stocks Rise on Expectations Policy Makers Will Act On Crisis.” There you go! Now I know exactly why stocks rose today: policy makers are going to act! Yippie!

Bullshit.

Look at those two headlines. One says that we don't have good policy because political ideology hampers such, and the other headline says that stocks rose because we expect policy makers to act (presumably in a prudent and beneficial manner). I guess they'll just iron out that “political ideology” stuff pronto. And, so, there's the crux of the matter: two “truths” given to me, and they're diametrically opposed. Ergo, no Truth.

Nowhere did I read, “Gold, Silver Down On Blatant Manipulation, Justice Department to Subpoena JP Morgan/HSBC Insiders.” Also missing from the electronic front page of MSM is any critical analysis of our monetary system, and how its very structural make-up leads inevitably, mathematically, to the absolute certainty of unsustainable debt.

So, then, I must be going mad. That must be it. The evidence is all too clear. I picture myself unwittingly thrust into a game of musical chairs. The atmosphere is festive, although I'm not quite sure what the occasion is. The expectation and energy in the air crackles sharp as a ginger graham snapped in two. The game is about to begin. Spectators, masked and bedecked in jewels and finery of almost celestial origin, ring the participants. The lights dim suddenly, and the music starts.

Around and around we go. I don't quite know the tune; odd but somewhat familiar. The on-lookers are laughing uproariously, and I can't figure out why. The music plays. And plays. And plays. Just as I'm beginning to think it might never stop, it does. A mad scramble ensues. But to our horror, we realize that there are no chairs on the floor. We were circling nothing at all! The laughter is deafening. I realize then that the only winner is the music-maker; all the participants lose. And that, by golly, is our folly and foe.

Yeah, it's a metaphor for something, but I won't spell it out for you. What I will say is that it's important to keep looking for Truth, because when the music stops, you'll need some place to plant that fanny of yours. Hopefully something solid and intrinsically valuable. Is it any wonder that kings and queens construct their thrones with silver and gold?

Well, that's it. Hope all is well with you and yours.

Take care, 

Dan from Windsor

Gold and Silver Financial Review 01/04 by Gold Radio Cafe | Blog Talk Radio

Recorded Live Today at 12:00pm EDT

Listen to internet radio with Gold Radio Cafe on Blog Talk Radio

Gold Confiscation Started In 2006

"Fools Gold" In The 21st Century And The "New And Improved" Gold Confiscation Swindle
by Bosko Kacarevic

April 5, 1933 President Roosevelt announced Executive Order 6102 forbidding the hoarding of Gold Coin, Gold Bullion and Gold Certificates. Back then the USD was technically backed by gold, up until 1971 when President Nixon closed the Gold Window completely. Now the USD is a "fiat" paper currency backed by the full "faith and credit" of the US Government. Just saying that gives me chills. "Faith" in the USA is now questionable? "Credit" is definitely out of control with a national debt of over $16 TRILLION that will never be paid, not to mention the unfunded liabilities.
So the question is, will the USA confiscate your gold again? Ask yourself this: Is there a gold standard? Can the US FED just print the money they need? What is considered the global reserve currency today? As you can see there is absolutely no need for them to confiscate your gold when they can just create the money they need to operate, and that's exactly what they've been doing. What do you think TARP, QE, Stimulus and all the bailouts are all about? 
The angle that many gold commentators seem to overlook is the fact that governments and Central Banks around the world have no need to confiscate your gold because they can easily "confiscate your wealth" by expanding the money supply. It's really that simple. 
Now, here's the new and improved GOLD SWINDLE and the Fools Gold of the 21st Century. In my opinion, governments along with the help of banks have been confiscating your gold since about 2006 with the birth of paper gold, electronic gold, ETF's, ETR's and so on. Think about it? What do you really think these new derivatives of physical gold bullion really are? It's gold confiscation, because the money that you intended to invest in physical gold bullion is now in the "custody" of the banks, which really control the government, in my opinion anyway. The fundamental reason for owning gold to protect your wealth is backfiring. All you're doing by investing in paper gold is allowing THEM to continue "gaming the system."  So, you gold investors out there who are frustrated with the volatility in gold and tired of waiting for the BIG move, then get your money out of the banks custody and take the physical gold bullion out of the system. It seems that people have become so conditioned that the government doesn't even have to demand your gold with an Executive Order anymore. All they have to do is create a fancy new financial product that makes it "easy" to own gold. Let me tell you folks, real gold is anything but easy to own. Just ask a miner, refiner or a gold dealer like myself. First you have to find it, dig it out, refine it, store it, insure it, inspect it and protect it by any means possible. Remember that old saying, "if it's easy to get, then it's probably not worth having." Even in the 21st Century, "FOOLS GOLD" still exists in paper or electronic form, take your pick, it's easy, but don't complain when it's gone.
Folks, gold is never easy to own, otherwise it wouldn't be GOLD!

Petro Dollar Changing Hands

On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S.dollar since its inception as a currency. For the first time since the 1970's, when Henry Kissenger forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.   LINK...
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As we explained on Gold Radio Cafe last Friday, the value of the USD is built on the relationship with Saudi Arabia and their oil. It seems that relationship is no longer as important as it has been. This directly affects the confidence of the USD as the world's reserve currency.   BK
"Paper money eventually returns to its intrinsic value---zero."  Voltaire  (1694-1778)

Oh Canada!

Sent to us from a valued client.

A 12 year old girl wakes up the banking community.
MUST SEE, only 6 mins.

A Rebellion at the Federal Reserve?

The Atlantic
MAY 2 2012, 12:32 AM ET
Chicago Federal Reserve president Charles Evans doesn't look the part of a heretic. But in the cozy, conservative club that is central banking, he certainly qualifies. While most of his colleagues at the Fed have recently taken an even more hawkish turn, Evans remains a champion of additional monetary stimulus. And on Tuesday he took an even bigger step: He became the first sitting Fed member to endorse nominal GDP (NGDP) level targeting. 
"Stop Worrying and Learn to Love Inflation"  LINK...

Hon. Howard Buffet: Human Freedom Rests on Gold Redeemable Money

The father of the famous investor Warren Buffet says American freedom rests with gold redeemable money. I wonder why his son Warren is so against gold? You decide?   BK

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Essay by Hon. Howard Buffet: Human Freedom Rests on Gold Redeemable Money

Warren Buffet Trashes Gold, But What About Silver?

States Seek Currencies Made of Silver and Gold

By Blake Ellis @CNNMoney February 3, 2012: 10:53 AM ET
NEW YORK (CNNMoney) -- A growing number of states are seeking shiny new currencies made of silver and gold. Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place.    LINK 

FED Bailout of Europe

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And the money printing continues. What a coincidence, gold rallies on the first trading day of the new year? As many that we follow have said; the bailouts, stimulus, QE etc, will continue and gold will be your ONLY asset to protect the TRUE VALUE of your wealth.   BK

Lackluster Economy Could Lead to Next Gold Rush

Former economic advisor to Bush and FED Governor, Larry Lindsey talks about gold returning as a standard.   BK
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By JOSH BOAK
10/11/11 10:35 PM EDT Updated: 10/13/11 12:16 PM EDT

An August survey by the Gallup Poll found that 34 percent of those questioned considered gold to be the best long-term investment, beating out real estate, stocks, conventional savings accounts and bonds.

Read more: http://www.politico.com/news/stories/1011/65655.html#ixzz1b3iSqzkU

Equedia - Central Banking: The God That Failed

Freedom Watch with Judge Napolitano
The case for a currency war.Watch Video