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Samuel Stokes
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Samuel Stokes   My Press Releases

One Of The Reasons There Is A Vacuum Being Filled By Crypocurrencies or The Greatest Financial Lie Ever Told

Published on 11/25/2017
For additional information  Click Here

                             One Of The Reasons There Is A Vacuum Being Filled By Crypocurrencies

                                                                            or

                                                     The Greatest Financial Lie Ever Told

 

 

What I have to tell you today is disturbing... so disturbing, it could disrupt your faith in our entire economic system. But you have to hear it.

There is a secret so devastating and dangerous that once started, it could bring down the world economy in a matter of days, a week at the most.

Banks could collapse — even the richest, most powerful "too big to fail" institutions — and all of your wealth could disappear practically overnight.

Everything you worked for your whole life could be wiped out in just 96 hours!

I know you've heard it all before. The economy is going to fall apart, and there will be riots in the street.

I don't know about riots, but I am going to show you indisputable proof... facts and figures that prove a U.S. economic collapse is imminent!

There is no way around it. The economy is out of steam, and the Fed is out of remedies.

By the end of this report, you will know why I am saying...

It is finally time for the U.S. to pay the piper for 40 years of economic mismanagement!

And who created this nightmare scenario? Who else...

Too-Big-to-Fail Banks and the Fed!

I know you might be tired of hearing what bastards the banksters are, but if you read the book The Big Short by Michael Lewis, or saw the movie by the same name...

You know exactly how far these thieving organizations and the psychopaths in charge of them will go to make money at your expense.

They caused the Great Recession by devising insane financial instruments and trading them at 100-to-1 leverage...

And now they're playing Russian roulette with the world economy... again.

You see, the big banks and the Fed are colluding to keep the gold price suppressed.

None of the financial players want gold to go up in value. If gold actually reflected the value of the dollar, the world would suddenly realize the dollar is just a worthless piece of paper.

The Fed wants to hide the inflation of the money supply, the government wants the public to think we have a recovery, and the banks want to keep your money in "the system."

And Russia and China want to keep the price of gold low, so they can keep buying.

And now this suppression has created a situation so delicate and tenuous that the slightest disruption could bring the world economy to its knees (in fact, it's already starting to happen).

All it would take to destroy the world's financial system is for 0.18% of the holders of outstanding gold contracts on the Chicago Commodities Exchange (COMEX) to ask for delivery of their gold.

Most contracts on the Commodities Exchange are settled in dollars. As a result, the banks have devised schemes to leverage their actual gold holdings to more and more profits.

They deal in "paper gold," which is just a promise to deliver the gold if someone asks for it. Since people rarely do, the banks can sell gold they don't have and pay off the contracts in dollars.

But what if people started asking for their gold?

If you own a contract for gold, you have the right to ask for the gold.

But the banks aren't obligated to deliver any gold. That’s right... they can just tell you "No!"

What would happen if more and more people started asking for the gold they contracted for?

If one person asks, no problem.

But in a world where the U.S. economy is a mess and the confidence in the dollar is slipping, it makes sense that more and more people would want to take delivery of their gold.

What will happen to the system when people start realizing that they didn’t actually contract for gold like they thought? What will happen when they realize their commodities contract for gold is as worthless as the paper it isn’t written on?

That’s exactly what is bound to happen when the value of the dollar plummets...

I'll discuss why in just a moment, but for now, trust me when I say later this year or early 2018, the Fed will institute another round of quantitative easing after cutting rates back to 0% and maybe even cutting into negative territory.

These moves will shake confidence in the dollar to the core!

And when fiat currency is weak, gold is strong.

It's been true for all of recorded history. This time will be no different.

People will start asking for their gold, and the banks won't have it to deliver.

The banks will refuse to deliver the gold and start canceling contracts and paying them off in dollars.

So investors will get dollars, and they won't be able to buy physical gold at any price!

If the banks deliver any gold at all, it will be only to the most well-connected gold contract holders.

It will become clear that there is as much as 100X more paper gold than real gold.

As the price of real gold adjusts to account for a supply that is a small fraction of existing obligations, the price of gold will shoot through the roof...

$5,000/t oz. (troy ounce)

$7,500/t oz.

$10,000/t oz.

$20,000/t oz.

Bloomberg recently pointed out that a gold standard in China would require an exchange rate at about $65,000/t oz.! That's insane...

This is a mathematical certainty, as there isn't enough gold in existence to cover the contracts these thieving banks have written.

Closer Than You Could Imagine

The above is just one of three nightmare scenarios that, if triggered, will send gold prices soaring...

And will expose how little of the yellow metal is available for delivery to retail investors.

Physical gold will be next to impossible to get!

I started with this scenario because it is much closer than you might think. The head of the Federal Reserve, Janet Yellen, has already testified to Congress that the Fed is considering the effects of a negative interest rate policy (NIRP).

She also told Congress that she would be willing to start QE again if there is a recession.

If there's a recession? Ms. Yellen, we are in a recession right now!

 

THERE'S MORE TO COME

 

 

To Our Mutual Success,

 

Samuel Stokes

stokes.samuel1@gmail.com

Skype- darkstar1957

253.576.3570

http:/www.ibourl.com/kfr

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