The NWS

I kind of look at the possibility that now exists with declared gold reserves but with no substantiation that they exist in the quantities they claim to have.

It only has to be believable and declared a mandatory agreement by the BIS or G20 etc at a point in time where fear/anxiety and desperation  will make it not only believable but absolutely  needed and thus accepted. It's not like anyone will have a choice anyway.

If China claims at some point to have an equal amount of gold to the Us. (8,00 tonnes supposedly) I'm willing to bet (not really) that the US could very well turn around and say we've been accumulating the whole time and not saying anything about it and we have 12,000 tonnes or something like that.

Neither country will allow their reserves to be audited so at some point it's going to have to be a believable and acceptable number for both sides and they'll just move on from there. How China values or lets the rate of the metal float and adjust is another scenario altogether that I think the U.S. would rather see remain fixed. This remains to be seen.

Once the Euro sinks the USD will have less issue with getting too weak because the death of the Euro will necessitate the birth of the Yuan internationally.  In 2015-2016 and my bet would be that it happens after the next U.S election at that time. Sharing the reserve currency with China won't hurt as much if the USD picks up some of the slack from the collapsed Euro.  The Yuan and USD both benefit and it'll take the sting out of the basket rebalancing. 

Just some idle thoughts above and another $2 worth.

I have a doozy about what the significance of the tungsten/gold bars  mean and the significance and silence that they have been treated with. I'm a bit tired to get into it now. Maybe a reminder some day and I'll blaze that out.

I think it makes sense, especially in an unaudited CB/Treasury system here and abroad as far as gold reserves go.

The dark corner of the interwebs is abuzz about this story.

Mobilizing occuring. texts, IM's E's going out to supporters of Assange and ANON.

Even if Ecuador grants asylum Assange still has to get on a plane. He's got the dirt, and knows where some of the bodies are. They

(US and West) cannot allow him to skat.

The same thing that happened in Russia has been here for decades.  It's been a coordinated effort and America has become too politically correct to discuss it.

Russia has had their crash, but they aren't out of the woods yet.  Just a brief reprisal IMO.

I think the RT of today is their version "Radio Free Europe" of 50 years ago.

Thanks .. You're right about the fear/anxiety timing. That's when all the magic (from their perspective) will happen and questioning/verifying will be thrown out the window. As you say, it just needs to be believable.

Will be interested to hear your thoughts on the Tungsten bars.. someday when you feel up to it.

ANON has a diplomatic van there.

Rumor that Met police have entered embassy

Not only your birth certificate but other stuff too:

"When completing the application, you will need to provide:

• Your social security card, AND
• Your official birth certificate (with a raised seal), certificate of U.S. citizenship, certificate of naturalization or a valid U.S. passport, AND 
• Two proofs of residency, e.g., lease agreement, mortgage documents, W‐2 form, tax records or current utility bill"

Were the Nazis so picky?

Come on freedom lovers.  Show me some OUTRAGE!

I am not entirely sure if this was posted on this site in the past,

but it is most certainly relevant to today's topic.

Previously posted on info wars, is a video explaining how United Nations "peace keepers" will be ordered to kill anybody that does not surrender their guns.

Probably within the next month, our fearless leader Obama will be creating a false flag event in which he will deem it necessary to confiscate all guns for our protection.

Please watch this video as it is very informative:

http://patriotupdate.com/26189/troops-ordered-to-kill-all-americans-who-...

By the way, I have been researching this particular topic with great interest for the past couple months. I can say with certainty that Obama has no intentions of leaving the White House in November, or January, or any other time in the foreseeable future. He has a plan, and all of this so-called homeland security is part of it. He has been desperately trying to find a way to get all of our guns, and he is going to use the United Nations treaty that he just signed to do it his dirty work for him.

This completely EVIL man absolutely needs to be stopped.

Wow, and all to vote in a fraudulent election where machines "count" the votes and both parties are just two heads on the same monster.

Z

Everything you say is not only possible but probable and in the works. I believe 2013 ushers in many new things that will seem brand new to most people across the world. These two area's you mention to me are afterthoughts at this point because I also believe them to be inevitable and a given when I mention other things.

I don't believe that the U.S. will use SDR's at all. I believe that the SDR will be utilized when/if the Euro breaks down and it'll be used mostly in the EU.  At that point I think is when the Yuan becomes more then a regional 'reserve'  currency (getting underway now in Asia and elsewhere) and come onto the global stage as the Euro fractures and SDR's come into play in that type of emergency.

I do not think the US will abandon the USD and will do EVERYTHING in it's might to preserve what they have to the fullest extent they can. I believe that's part of what were witnessing now as we reshape the global landscape while we can, because we can. They won't use the SDR because the USD was a once in a recent lifetime fiat achievement for them to accomplish. Just think what has happened since it's inception in 1913 and what it has allowed.

That's not something we'll toss away imo.  SDR's elsewhere in the EU and MENA? Maybe so.

Or USD because of the effect and influence of that 800 lb. gorilla is having and could have if pissed off and made unhappy? That's not how I feel or what I want,  but it is what I think is part of their equation and thinking on the USD moving forward.

And btw...anyone heard anything about those new golden hued $100 USD that are still 'delayed'? Didn't think so.

At some point they'll make a sudden appearance.

It beats watching American Ninja Warrior!

Nice to see you getting back to your roots. As well as you being more active on Main Street .

To all here: A very pleasant evening after a positive day.

does that mean we go into the weekend with oil above 98? with the spectre of war imminent.

This is a repost from a different forum:

Here's my wedge drawing:

I've seen people draw this wedge several different ways.  The picking of the trend points as well as the kind of scale used (linear, logarithmic, etc) make a big difference.

It is all a kind of voodoo guessing, but really the bottom line is that the most valid trend lines would be those which exist as valid in the minds of the market participants.

The violations as well as the subsequent (and immediate) re-traces back into the wedge indicate to me that both trend lines (as drawn here) are being respected.

Below is a zoom in of the last few weeks:

Last week I said that I didn't think we'd last through this week.  I've changed my mind at this point.  I think we'll stay inside this week and break up or down early next week.  At this point I'm strongly leaning towards a break to the upside, though I probably won't make any trades on this bet.

Right on. Hoping for a upside breakout.