Crystallex International

Courtesy Jim Willies 'Hat Trick Letter'

$$$ SOME QUICK NOTES ON LEGAL PROSECUTION, DELIVERY PRESSURES, AND EXPIRATION DATES. EVENTS WILL BE MOVING QUICKLY TO A CLIMAX. THE CLIMAX WILL BLOW UP IN NUMEROUS DIRECTIONS. THE SEQUENCE WILL INVOLVE MANY SURPRISES. $$$

Recall the stories back in April of a Deutsche Bank rescue by the Euro Central Bank with a very large (over one million oz gold position) central bank provision made in the nick of time to save DBank from a default, embarrassment, and maybe criminal prosecution. DBank was in trouble, and temporarily escaped it. My German sources tell that DBank is walking dead from years of working in league with the Americans and British. The pressures are mounting every couple months. The next delivery schedule is the last 8 days of November into very early December. Pressures mount for meeting delivery demands. Next March will be a climax of the breakdown, or else June. A competent source close to the stressful events at the exchanges said he cannot conceive of the game lasting beyond June. An eruption comes in breakdown. Each delivery month event includes more gold removed from the London exchange, more gold demanded from it, and more movement toward a breakdown. He said the gold is gradually being drained from London vaults, and that all demands for gold delivery were met in October, using legal force, the courts, and powerful attorneys. Not a single gold contract was settled for cash with a 25% dividend bribe. So the next events are sure to have even more pressure, with less gold supply and continued relentless demand.

To compound the stress to exchange officials, the gold futures options expiration date is Monday November 23rd. The Powerz were unable to bring the gold price down below 1100. In fact, on Thursday and Friday last week, the price closed at the high for the day, tightening the vise. The Powerz will be forced to pay out large option gains at a time when gold is in extreme shortage, a burn of their candle at both ends. The gold price typically rises with some gusto immediately after options expiry.

Delivery pressures will be enormous in December. A story has come to my desk last week, a ripe one. Details cannot be provided in full, since unknown. So it will be sketched. The illicit games by the Powerz on inadequate collateral and obstructed delivery are being met with other strongarm methods. A principal gold clearing house will not receive 250 tonnes of gold, whose supply is urgently needed to meet delivery demands at the exchanges. They had expected its arrival, and London had needed it desperately. The large shipment of gold bullion will NOT arrive at the clearing house. Influence was exerted in key ways, the deal killed, the exchanges isolated further. The players wish to be a part of the next chapter, and therefore complied to deny the London exchanges. The City will not be able to easily meet gold delivery demands. Details are not available, except to know that a huge amount of gold bullion will not be available within the supply chain. Imagine a naval blockage during the US Civil War denying food and provisions to enter ports. This is the gold war.

When the exchanges soon default, strange bogus stories will come. But law enforcement officials at lower levels will step forward and take action. Exchange officials will be led off in handcuffs, under arrest. The exchange officials arrested will be mid-level, intentionally taken into custody so that they can bring evidence to bear on the upper level exchange executives. Two decades of fraud, collusion, regulatory violations, and more are involved. Furthermore, word has come to me that in August, two dozen high level USGovt officials and Wall Street bankers approached European Union high level law enforcement and government officials to seek asylum. They offered boxes and suitcases full of evidence, documents, and data of a deep incriminating nature for many years of premeditated USGovt and Wall Street fraud. The offering was accepted. The EU cops have run with the information, continuing the investigation. Traps have been set. Trails are being monitored. Arrests are being planned. This is all in motion. The center of the law enforcement efforts is the Brussels Serious Fraud Squad, which is in charge of the case. They operate, as described to me, as a 'Bottom Up' investigative organization, not closely tied to financial market regulators. As far as known, the United States and Canada have no such independent fraud unit.