Fair Warning! What follows may scare the Dickens out of you gold bugs but will make silver bugs fall over themselves to swap even more of their gold for silver. Refresh yourself on the benefits of swapping gold for silver HERE
The mainstream gold world wants you to believe that in the entire history of gold mining there has been just over 160,000 tons of gold mined from the ground. On top of that, with all our latest seismic and exploration technology, we have only found about 100,000 tons of underground gold reserves that could be economically mined in the future. That is what “they” want you to believe but…
THIS IS A BOLD FACED LIE!
Don’t get me wrong…I’m a gigantic gold buff but we need to understand the truth to ever reach a point where gold can take it’s rightful place in our corrupt monetary system. For the last 100 years a global effort has been orchestrated to obfuscate, distort, manipulate and confuse the majority of the world’s population as to the supply, demand and value proposition presented by gold. The Powers-That-Be within the USA and other Western Super Powers have been the main deceivers although they have been directed by the European Money Changers. (SOURCE)
It is time to remove the veil behind the golden mysteries of the world so “We The People” can decide for ourselves how we wish to value gold in a market without veils.
WHAT THE PUBLIC KNOWS
There are two widely accepted gold statisticians that are followed religiously by the gold mining companies, central banks, governments and investment community:
Above Ground Gold: GFMS, Ltd. is the above ground gold market prognosticator and claims that the total amount of gold ever mined in the world is 160,000 tons (5.1B oz). Historically, this measure rises only as gold is pulled from the ground as reported by global gold mining companies around the world. Any “mystery gold” that suddenly appears on the market in ETF’s, on the LBMA, in the COMEX warehouses or in Government coffers is assumed to come from the unreported gold held by private individuals so that their historical figures never have to change. Adrian Douglas wrote and excellent analysis of what a sham organization GFMS is GATA
Below Ground Gold: The USGS tallies all the identified and unidentified underground gold reserves reported by governments and mining companies around the world. This figure totals 100,000 tons (3.2B oz) and at the current extraction rate all the remaining gold reserves will be depleted within 40 years. (SOURCE)
There is very little 3rd party confirmation and clearly little investigation as to whether or not the historical numbers are correct. These USGS figures measure “publicly announced” gold deposits and never delve into hidden gold deposits that are scattered throughout the world…especially within the United States!
SECRET ABOVE GROUND STASHES
There are many secret above ground hoards of gold that the US and the banking establishments do not want the world to know about…and for good reason. Nobody should underestimate the importance of gold in the economic, political and global balance of power.
This September 11 Commission Report gives an excellent insiders view of what goes on in the gold conspiracy world. Pay special attention to Chapters 7 & 8 starting on page 151 for the Gold transactions related to September 11th. (SOURCE)
Once you understand the role that gold plays in international espionage it won’t take much of a leap to believe that powerful people around the world want to keep the truth about gold a secret.
I shall present some of the above Secret Gold Stashes that may be out there. When I add it all up and do some “conspiratorial guess work” I come up with a vast store of gold in the neighborhood of 1.5M tons of above ground gold or 10x the gold supply “accepted” in the mainstream gold markets.
Of course this may be very far off…both to the upside or the downside. The point is that the “Accepted” above ground gold numbers are completely dismissing the vast hoards of secret gold that are both rumored to be circulating and/or are very well documented as fact.
Dispute it all you want…the truth is that YOU DON’T KNOW EITHER!
Moving on to what is under our feet…
More to follow…
Written by Bix Weir and published at 24h GOLD ~ October 3, 2010.
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