goldsilverworlds.com / Michael Noonan / December 22, 2013
Part of the reasoning for the price of gold to attain levels that are multiples of the current price, sometime into the future, [too late for those who have been calling for much higher gold prices in 2013], is the Federal Reserve central bank creating trillions and trillions of digital currency to support every underwater bank in existence. None of the newly created imaginary computer entries, aka currency, has made it into the hands of the business community, nor into the hands of the people, aka financial serfs, as far as bankers are concerned.
The elites use central banks as their ATM machines to pay all the huge bonuses bankers are paid, in return for financially destroying capitalism and maintaining control of the Western world. What the New World Order elites did not count on was the fact that their own central banks and the countries they bankroll would be faced with the Ponzi scheme destroying themselves from within, much like the United States and that failed European Union scheme.
Under such dire circumstances, the demand for gold has never been greater, at least from Eastern interests. The demand from public interests, while high, is not enough to cause alarm for central planners. They can keep the masses under control. On the other hand, they have been blindsided by China, and for a different reason, Russia.
China has been the recipient of every tonne of gold they can buy. Other countries have also increased gold purchases, the BRICS nations and Turkey, primarily, but China is the largest buyer of gold, by far. This has undermined the financial control of Western central bankers, who are selling all their gold in order to keep China at bay. The elites have spent the past few hundred years accumulating, giving paper in return, and now they are selling all they have as their own paper is coming back to roost. It has left their golden cupboards bare.
Russia has inserted themselves into the world as a new power in energy, undermining central banker control via the petro dollar, aka Federal Reserve Notes, that are backed by nothing but schemes to defraud the world and transfer as much wealth as possible into the control of the elites.