by Joseph P. Farrell, Giza Death Star:
Something is going on with gold in recent weeks and days, and you may not have noticed with all the focus on the mid-air collision at Reagan National Airport, and to my rank amateur’s mind, not enough dots are being connected to interpret it. The bottom line is, there is a massive move of gold into the United States. The question is, why? Here are three stories, and each has its own answer (our thanks to S.D., B,.H, and V.T., for these articles):
TRUTH LIVES on at https://sgtreport.tv/
Bank of England struggles to meet gold demand as $82B stockpile shifts to New York
JPMorgan Plans $4 Billion US Gold Delivery Amid Tariff Fears
ZH — “It has nothing to do with Trump tariffs”
Notice that one story is offset by another: the gold transference is due to Trump’s tariff plans…but wait, no it isn’t. It’s the third article that, for our purposes in today’s blog and high octane-off-the-end-of-the-twig-Wile E. Coyote-nosedive-into-the-canyon speculation, that I think is on to something, but again, I don’t think is casting a wide enough net nor considering all the dots to connect. In that third article, “ZH-‘It has nothing to do with Trump tariffs'”, that offers the following trenchant observation and conclusion on the curious movements of so much gold:
Gold and silver are being pulled into New York for reasons beyond tariffs. A new pipeline is now draining metal from the LBMA, just as another had already been pulling gold and silver toward China from the LBMA for years.
Recently we labelled this phenomenon as repatriation.
…
Yesterday, ZeroHedge published a premium post on the same issue. While they avoided the word “repatriation,” they openly questioned why gold is moving to COMEX, concluding that tariffs alone don’t explain it. Their report highlighted contradictions from officials managing the narrative.
So, in a nutshell, the amounts of gold indicate that the USA is quietly and deliberately repatriating gold. If you’ve been following the repatriation-of-gold story over the past decade or so, you’ll recall that the whole thing began when Germany repatriated some of its gold reserves from Great Britain, France, and the USA to Germany. At the time, most figures had it that Germany had the second largest amount of reserves in the world after the USA. After the “repatriation” was “concluded”, a number of stories began to appear in the alternative media – many of them authored by German Lars Schall who was following the story very closely – that neither the amount repatriated with what the Bundesbank had called back, and what was called back was of questionable assay quality. Germany was joined very quickly by other countries demanding their gold reserves be repatriated, among them Austria and the Netherlands. Then, to make matters very much worse, Venezuela joined the “repatriation gold rush”, demanding its reserves a the Bank of England be physically returned to Venezuela.
The Bank of England’s response was… well… classic. It effectively said that the BOE did not like the current Venezuelan regime (no doubt because it was cozying up to Russia at the time), so its gold was not going to be returned. Or to translate it into Banksterese: “We don’t like you; you can’t have your gold; we need it more than you; have a nice day, and go away.” As all of these stories were going on in those years, other stories began to circulate, also involving gold: multi-billion-dollar loans in China had been collateralized with gold, only it turned out that the “gold” was simply gold-clad tungsten bars. Well, that was China, and of course, “everyone knows” that the Chinese cannot be trusted, and what does one expect from a country where corruption and fraud reign (just look at their construction standards). But then there was a similar story from – of all places – Canada, involving similarly-clad tungsten fraud, only this time it emanated from the Royal Canadian Mint!
