With 'saviour' Thornton's 'appointment' Goldman's cumulative, symbiotic, bloodsucking lock on the western economies has now reached a crescendo as we witness this symbolic appointment to yet another global business empire ... in this case, for real money ... gold/silver, the enemy and only viable store of value. The campaign to attack the threat to fiat and US global reserve currency and nurture the global liqudity bubble continues now in desperation mode. That's a nice bonus for Thronton isn't it? ...$11 million plus (its only cash, I think). So he wasted no time in getting out the old 'hedging' tool which should help to discourage thoughts for any gold appreciation out there... and maybe even contribute to the complete destruction of once mighty Barrick. Munk was duped years ago as he and his company was targeted like a lamb for the slaughter. This has been a long term plan folks.
By sheer coincidence, the Cartel needs 'deep storage gold' yesterday so it can be immediately leveraged 100 times in the continuing campaign to depress futures markets with vigor. Getting it out of the ground and into the hands of impatient hoarders and the new empires of the 'East' is another thing altogether. One day in the not too distant future, the settlements will have to be physical, not cash. By the way, have you and all your relatives rushed down to the local gold broker/buyer to 'sell' your 'unwanted' old jewelry yet? Gee, where does alll that stuff end up anway?
The commencement of the biggest transfer of wealth in human history is warming up on the runway.
