The Heads of Olympus Meet
from The Wealth Watchman:
Many of the shield brothers here will likely remember the closed-door meeting that President Obama conducted with most of the “whose-who” of Wall Street, back in the spring of 2013. The details of that meeting, and its policy decisions weren’t for public eyes, but that’s not the reason why we’d all remember it. Something far more serious would keep this event from falling down the memory hole.
After all, it was after that meeting(within one week of it, to be precise) that gold and silver were suddenly riddled with holes! Quickly, and without mercy, the “thunderbolt algos”, took gold’s price through its all-important line of $1,525, and silver down through $26.
Here’s exactly what it looked like for gold, on the charts:
It was a devastating attack, which carved off roughly 20% of gold’s price within a 3 week period. This mauling also happened to coincide just shortly after Germany first announced its intent to repatriate roughly 300 tonnes of gold reserves from the NY Fed.
Huh! Imagine that. That’s an awful lot of coincidences, right?
Yep, that’s all it was!
Now, why am I bringing this older, clandestine meeting of bankers in DC to mind today? Well, there’s actually a very good reason. You see, thanks to Ronan Manly, and GATA, we now know that this Friday, April 17th, there will be an important briefing conducted on financial matters, put on by an organization called, “The Official Monetary and Financial Institutions Forum”(or OMFIF).
Who will be in attendance at this meeting of technocrats?
Well, according to OMFIF, it will be attended by “a select group of central banks and other official sector institutions”.
“Big deal Watchman! So central bankers are gonna get debriefed in DC, it happens all the time, why does this concern stackers?”
Ahh, that’s the best part, my friend!
I haven’t yet told you the title of the briefing, have I? The title is:
Now that certainly is an eyebrow-raiser, isn’t it? And here I thought that all us “fools” in the gold and silver community were all simply “pumpers”, “alarmists”, and “shysters” to ever think that the US dollar wouldn’t go on forever as the world reserve currency!
That’s what some folks say, right? After all, talking about things such as China’s making bilateral RMB trade agreements with Russia, Switzerland, or Frankfurt is just a bunch of “fear-mongering” malarkey!
No big deal!
The Dollar is just “too important”, and China too plagued with “problems” to ever seriously compete head to head against US debt instruments. Global lenders will obviously go on permitting DC’s worst, criminal scumbags to rack up debts for immoral wars, and stupid, “money-hole”, welfare programs for thousands of years to come, right?
Not only is that the diametric opposite of the truth, but it’s a fantastic line of thinking to take if you want to end up with a gaping hole blown in your net worth, for the rest of your life.
Oh! Get this! As if all this wasn’t enough, the timing of the meeting is the icing on the cake, as the briefings are to “take place during the International Monetary Fund and World Bank Group spring meeting in Washington.”
Gee, both the World Bank and IMF officials will all be there as well! I wonder if they’ll get treated to brand new discussions from this winning, old lass, about “magic numbers”, and numerology! Maybe she’ll even do some palm readings for all the attendees!
Just think too, all of this is happening just 6 weeks after billboards like these were seen lighting up Bangkok! Man, this is just too many coincidences! If I didn’t know better, I’d almost think that this stuff was all planned, or something!
Naaaa!, that can’t be true, can it? After all, that would make you and I a buncha’ kooky, “conspiracy theorists”! Yup, it sure is a strange, old world, with all these coincidences springing up like proverbial wildflowers!
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