Shocking Truth About Recent Plunge Protection Team Activity

"...This is why we are seeing this massive volatility.  As soon as markets go down, the central banks support them because central banks can’t afford for the markets to crash.  That would lead to a loss of confidence and crash the whole financial system, which is a house of cards.  But as we know, any intervention or artificial support will always have a limited effect.  So this enormous credit bubble that the world is experiencing will implode in the near future.

Coming back to Switzerland, at least here the people have the power to stop the government and the central bank from doing crazy things, and the Swiss Gold Initiative is an example of that.  If the referendum passes it will become part of the Constitution.  The government cannot delay, amend, or abolish it.  This is real people power that is unique to Switzerland.

What is happening in the gold market right now is fascinating.  The flow of gold from West to East is continuing.  Exports from Switzerland to the East last month were 172 tons.  That’s the highest since February.  And shipments to China tripled compared to previous months.  Shipments were also the highest to Hong Kong since April.

And gold demand in India is massive right now.  Imports into Switzerland were also very high at almost 200 tons.  Part of that was 63 tons from the UK.  This was compared to 8 tons in August.  So Switzerland is continuing to buy the gold that the central banks are selling or leasing into the market, and all this gold is heading to the East.

Russia also had its largest purchase ever last month at 37 tons.  That’s about $1.5 billion worth of gold.  The Russians know that gold means power.  We are also hearing from very reliable sources that countries are secretly repatriating gold from the United States.  But I’m sure they are getting back only a fraction of what they are asking for."

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