China's New Gold Dynasty

Sun, Aug 25, 2013 - 7:41pm

It is purported that Napoleon once said of China "Let her sleep, for when she wakes, she will shake the world" as if aware of a destiny yet written. Raymond Wheeler was one of the pre-eminent researchers in the area of cycles. He amassed volumes of historical data from cycles of war, civilizations, business cycles and weather going back over 2500 years. Based on his records, he discovered a cycle where every 510 years there is an alternating shift of power between east and west. There seems to be no dearth of similar predictions in the annals of metaphysical literature. However, if reading tea leaves or interpreting a pile of bones on the ground isn't your cup of tea, evidence of such a future seems to be presenting itself in the financial and geopolitical affairs of today. 

Unless you are Woody Allen and have just been revived out of cryostasis, you are now aware of an extraordinary series of events that are now occurring in our financial system, namely, the drainage of gold from western vaults. Call it money, call it a tier 1 asset or call it play-doh, it is the one commodity that has withstood the vicissitudes of the contingent world and has cyclically been the bedrock of financial systems until it wasn't. Even when governments have shrugged it off as playing an insignificant role in the financial affairs of men and nations, it has been like Sleeping Beauty who is doomed to sleep for a hundred years, only to be awakened by a handsome prince and heir to the throne.


For those of you who do not access to the Vault and the detailed analysis that Turd has been providing, here is a good article detailing the drain of gold out of the comex to a new low of 767,232 gold ounces .

There is also a nice chart detailing the monthly draw-downs of inventory.


On Friday, KWN broadcasted this interview with Keith Barron, an exploration geologist and mining consultant, on the flow of gold moving from west to east confirming from his sources that there has been a huge influx of gold into China being drained out Western Central banks and the COMEX. Of course, this also aligns with everything the Turd has been publishing over the last week. 

Asia Shocks West By Demand

Western central banks claim that there is a lot of physical gold available for purchase. That is pure propaganda and a lie. I now have reason to believe that Asian central banks are requesting that their gold, some of which has been stored in the West, be sent to Asia. This is what is causing the short covering rally in gold. The Asians know the Western gold system is very close to collapse and they want the physical gold in their possession.

The repatriation meme continues first with Germany requesting it's 300 metric tons of gold to be returned to them, and now reports of western vaults being depleted by requests of Asian Central Banks. However, unlike the highly publicized request by Germany, China doesn't like to telegraph it's Central banks activities with gold.

If that is not enough of revelation for you, there is more speculative fervor of what actually all this means. Shortly, after the KWN interview, the guy in the black hat that speculates on nefarious plots by the Anglo elite, Joseph Farrell, blogged about the KWN report which has already been posted on one of the threads but I'd like to highlight two significant points that he is speculating on that haven't been covered in other places.

1. "Thus, while the move to gold by Asia in general may represent a loss of confidence in the western system, I suggest that the reasons for that loss of confidence are somewhat different: some alternative basis is needed for the BRICSA coalition’s financial plans until it can emplace its own independent international clearing mechanisms with similar electronic capability to the West, and that is gold" and "an acknowledgement that the BRICS nations lag behind the West in electronic financial clearing and intelligence gathering capability, and that the move to more analogue and less digital bases of transaction were, perhaps, a reflection of this circumstance"

And the next one is a doozy

2.  "As I indicated a few days ago, there are indicators that a number of analysts are beginning to entertain the notion of a real factional-infighting war going on within the western world, not only between the traditional rivals and sometimes “uneasy allies,” the Rockefeller and Rothschild financial interests, there are indicators also of prime banks abandoning their traditional alignments with one or another of those dynasties, as there are also growing indicators of a “third force” on the scene, not BRICS, and not either of those two dynasties… a third force represented by the intelligence communities and their now self-evident surveillance and hacking capabilities"

Let's summarize. The Asian return of gold is China's response to the US intelligence agencies vast computer systems which is somehow involved in day to day manipulations of the metals and the move represents some sort of internal fiction among rivaling interests within the US Governments and I'm not referring to the daily bi-partisan bickering between democrats and republicans.

Now, I'm not endorsing these theories but merely putting them out there for discussion for I know some of you have your own very well thought idea's of what is really happening. I have no inside sources to lend any credence to such theories other than the internal factions seems to be a meme that continues to come up both within the ranks of members of Turdville, and the alternative media including Catherine Fitts Austin. 

As you chew on all of that, I have one more thing for your Sunday night reading and consideration.

This paper is from The Official Monetary and Financial Institution addressing the IMF. It's titled "Gold, the renminbi and the multi-currency reserve system"

"As China weighs up its options for joining in the reserve asset game, gold-the official asset that plays no formal part in the monetary system, yet has never really gone away-is poised, once again, to play a pivotal role. Many dismiss gold as a relic of the past or as an inadequate hedge against inflation. But from an asset management point of view, as well as on the basis of political analysis, gold has alot going for it; it correlates negatively with the greenback, and no other reserve asset seems safe from the coming dollar shock. "

"If the spectre of collapse continues to haunt the main reserve assets, and on the expectation that the renminbi will take time to get into its stride, the world will rush to safe haven.s Gold may be the only one with the requisite size, cloud and dare I say it history to help ward off the straing that will beset the world monetary system. It would be wise to draw up contingency plans for such eventualities."

And Let me briefly summarize some of the other contents. 

The dollar is toast. The new multi-reserve currency or SDR will be comprised of various currencies including the renminbi which will be backed by gold as well as the new reserve currency. However, gold will not be reedemable. In my way of thinking, if you won't give me gold for the piece of paper I have in hand. That's not much of a gold standard. It also speaks to shifting of gold in central banks reserves as we are witnessing taking place in front of our very eyes.

Last one, I promise. This article was published last year published by Forbes. Admittedly, not a very reliable source of information. But in light of our previous discussion of gold money or not? I thought I'd bring it to your attention. SIGNS OF GOLD STANDARD EMERGING FROM GERMANY

Gold is not really a commodity at all. While it is included in the commodities basket it is in fact a medium of exchange and one that is officially recognised (if not publicly used as such). We see gold as an officially recognised form of money for one primary reason: it is widely held by most of the world’’s larger central banks as a component of reserves. We would go further however, and argue that gold could be characterised as ‘‘good’’ money as opposed to ‘bad’ money which would be represented by many of today’s fiat currencies.

The conclusion from our overview of gold functionality is that the key difference betweengoodand bad money is scarcity (imposed supply discipline could be another way of describing this). Fiat currencies can be scarce but this scarcity may change on a whim which may both impact its tenure as currency and/or relegate it to being characterized as bad money. Gold is truly scarce, having a concentration of around 3 parts per billion in the Earth’s crust.orldwide

That's it for now as the markets are opening in Asia!

About the Author


Aug 25, 2013 - 7:44pm
Aug 25, 2013 - 7:50pm


I'm ready

And the slam down in price is in progress!

Aug 25, 2013 - 7:55pm
Aug 25, 2013 - 8:02pm

Bank Holiday Monday in The

Bank Holiday Monday in The UK, so everyone is on holiday BTW after Asia has closed.

Mr. Fix
Aug 25, 2013 - 8:02pm
Aug 25, 2013 - 8:02pm

Yes Happy Sunday Evening

Duplicate - first time that's happened. Too fast on the clicky thingy, I suppose.

Aug 25, 2013 - 8:12pm

Gold Double-Slam Takes Out

Gold Double-Slam Takes Out All Bids Following Price Spike It seems that those who must be obeyed are sticking to the plan (that we outlined in our tweet from Friday). Sure enough, minutes after ramping above the critical $1,400 level, gold has been slammed lower instantaneously, twice in the last hour, as a result of a rumored trade originating at the BIS (and specifically the desk of our old friend Benoit Gilson) slamming down the entire bid stack in a desperate case of “banging the open”, giving up gold’s gains from Friday’s close… We suspect the night is young for this battle…

Aug 25, 2013 - 8:14pm

Yes Happy Sunday Evening

Nope - not ready for war - but - dammit, looks like we're going to get one regardless. What a mess.

Yes - also looks like they want to keep Gold contained a bit on a Sunday evening. "Get back in the sub 1400 box".

Edit: Just finished reading GL's post - another good read. I don't think there is any doubt that the power (and the Gold) is shifting from West to East. I recall the 2010 Summer Olympics in China - the opening ceremony was amazing and extravagant. I believe that was an opening volley where the East said .. "Beware - we are here and growing and we can do what you can do - except better". Three years on and they are still following through with this sentiment. It is now being refected in the financial system.

Aug 25, 2013 - 8:14pm

Those guys at the Bank of

Those guys at the Bank of International Settlement should be asleep and not messing with gold prices on a Sunday. 

Aug 25, 2013 - 8:18pm

The doozy/ #2

Thanks GL...I found that interesting and relevant.

Number #2 was an interesting thought.

I've never heard of a 3rd entity in the picture. The not-so-secret intelligentsia twist has a total spy novel quality about it. Life is becoming surreal on some level, like a Hollywood script.

Life imitates art.

At one time I jokingly referred to the James Bond-like quality to some of this business going on and I almost expect/hope some bizarre character emerges on the world stage just to complete the Mad, Mad World aspect of things.

Could it be...?

Aug 25, 2013 - 8:23pm

Meanwhile, take this for what

Meanwhile, take this for what it's worth.

Everyone got used to the largest officially announced U.S. national debt of 16 trillion dollars. Moreover, despite the dire predictions, the global economy seems to be more or less stable, and recently liberal media have been happily reporting GDP growth in the United States and the European Union. However, it is not all that great.

Let's start with statistics. A number of researchers have conducted studies that indicate that the official U.S. statistics in nearly all areas - from unemployment to price fluctuations - is blatantly distorted and paints a positive picture that is very different from the reality.

The work of Professor James Hamilton of the University of Economics, California who analyzed the size of the public debt of the United States particularly stands out. According to official data since 2008, when the global economic crisis commenced, the U.S. national debt has increased from 5 to 16.4 trillion dollars. The debt is repaid by ordinary taxpayers who pay approximately $220 billion annually in interest alone.

This huge sum emerged due to the fact that in an effort to get out of the crisis, the Federal Reserve in coordination with the U.S. authorities pumped money into the economy and bought a lot of assets. Accordingly, the amount of state debt increased every year, and the interest on the debt service alone by 2021 will exceed the costs of defense spending.

Given these figures, Professor Hamilton has calculated the value of the U.S. government debt that consists of the debts of individual states, corporations, individuals, government welfare payments and other obligations of the federal U.S. government to its creditors. The resulting figure is a staggering 70 trillion dollars. The U.S. lawmakers allowed debt ceiling of 16.4 trillion dollars that has been reached late last year, then U.S. Treasury Secretary Timothy Geithner informed Congress about the beginning of the suspension of debt repayments and emergency measures to avoid a default. If this research is only half true, it means that the U.S. is in a state of a default.

that 2021 is to be believed, that is very significant in my book - defence spending is overtaken by debt servicing would not be good at all and never has been in any country's history

Mr. Fix
Aug 25, 2013 - 8:35pm

The factional-infighting war:

 I find this the most significant sign that the end game is reaching its conclusion.

 While all of the different factions were in agreement that Western civilization needed to collapse,

 I strongly suspect that there is more than a little bit of disagreement on who winds up in charge of it all.

 They all know that the deed has been done, the dollar, and even the USA as a viable superpower is toast.

 Now the real battle over who will run the “New World order” shall commence.

 In this fight, it will be every man for himself. Even if there were agreements put down on paper over the past few decades as to how this would all play out, I guarantee you there is an epic amount of backstabbing going on behind the scenes. This explains why American foreign policy has become so convoluted. Nobody can agree on what to do next.

 The only thing they can agree upon, is that the next turn of events will have the worst possible outcome for Western civilization.

 It's going to be an interesting fall, both literally and figuratively (not to mention seasonally).

 By the way,

my two long-running assertions:

 1– Every decision the Obama administration makes will be carefully designed to have the worst possible outcome for the United States,


2– There will be no significant rise in the price of gold and silver until after a systemic collapse.

 These beliefs are in no danger of being changed anytime soon.

Aug 25, 2013 - 8:49pm

For your viewing pleasure...

Absolutely the best financial short I have ever seen.

Video unavailable

Welcome back, Mr. Fix. smiley

Aug 25, 2013 - 8:49pm

Is it possible...

...the US has more gold then we think?

I remember reading somewhere that at one point they had approx 100-120,000 tonnes of gold at one time post WWII. I could be extremely wrong about that.

This chart below doesn't reflect that HUGE number and I'll try to look into it further and get back if I find anything on it.

If the citizens of the US are lucky the US Treasury has merely leased/sold everyone else's gold first in the classic business OPM axiom of using "Other People's Money" first before you ever consider using your own if you don't have to. 

Something tells me that govts./citizens of other countries are going to be pissed. But do they have any recourse? Time will tell how this shakes out and what the truth has beenduring this time period of CB gold transfers or leasing.


Historical U.S. Gold Reserves by Tim Iacono - The Mess that Greenspan Made


From the historical data in the World Gold Council’s archives comes the chart below depicting the dramatic rise and fall of U.S. gold reserves before and after World War II (note that the stair-step pattern prior to 1950 was the result of data being available only in five-year increments).


All sorts of helpful annotations could be made here such as the surge in early 20th century U.S. exports leading to a great accumulation of gold reserves under various forms of the gold standard and then 1960′s “Guns and Butter” U.S. policies leading to a great loss of gold reserves under the Bretton Woods system.


Aug 25, 2013 - 8:52pm

Perspective is important....

we've had our it's Ben's turn. Every time the metals run higher......Bennie has to change his depends. Settle back and watch the bull take control.

Aug 25, 2013 - 9:15pm

Some O' Ya...

...Just don't get enough Jim Willie.

Who woulda ever thunk that the White Dragon Society, that old Bear nation, and our own White Hats would be working together to quash evil?

Aug 25, 2013 - 9:44pm

The Fed: Rebuff's Cooordination...Doing it their way

Fed Officials Rebuff Coordination Calls as Stimulus Taper Looms

By Simon Kennedy, Joshua Zumbrun & Jeff Kearns - Aug 25, 2013 4:13 PM ET

Dollar Rallies as Economic Data Boosts Outlook for Fed Taper

Andrew Harrer/Bloomberg

The dollar rallied against the majority of its 16 most-traded peers as economic data exceeding forecasts spurred speculation that the Federal Reserve will trim the pace of its bond purchases as early as September.


Federal Reserve officials rebuffed international calls to take the threat of fallout in emerging markets into account when tapering U.S. monetary stimulus.

The risk that the Fed’s trimming of bond buying will hurt economies from India to Turkey by sparking an exodus of cash and higher borrowing costs was a dominant theme at the annual meeting of central bankers and economists in Jackson Hole, Wyoming, that ended Aug. 24. An index of emerging-market stocks last week fell 2.7 percent, the steepest in two months, compared with a 0.5 percent gain in the Standard & Poor’s 500 Index.

Such selloffs aren’t an issue for Fed officials who said their sole focus is the U.S. economy as they consider when to start reining in $85 billion of monthly asset purchases that have swelled the central bank’s balance sheet to $3.65 trillion. Even as the Fed officials advised emerging markets to protect themselves, they were pressed by the International Monetary Fund and Mexican central banker Agustin Carstens to spell out their intentions better in the interest of safeguarding global growth.

“You have to remember that we are a legal creature of Congress and that we only have a mandate to concern ourselves with the interest of the United States,” Dennis Lockhart, president of the Atlanta Fed, told Bloomberg Television’s Michael McKee. “Other countries simply have to take that as a reality and adjust to us if that’s something important for their economies.”

James Bullard, president of the St. Louis Fed, said in an interview with Bloomberg Radio that the domestic economy is the primary objective of policy. “We’re not going to make policy based on emerging-market volatility alone,” he said.

Bernanke’s Absence

Lacking the attendance of Fed Chairman Ben S. Bernanke, the Kansas City Fed’s annual symposium focused on international matters with delegates debating “Global Dimensions of Unconventional Monetary Policy.” The subject was apt because emerging markets have suffered an investor backlash from the Fed’s tapering signals at a time when they are already slowing after powering the world out of recession.

“There’s a lot of angst out there” about the Fed, said Stanford University professor John Taylor, a former U.S. Treasury Department official. “There’s 35 central banks represented at this conference. Many of them are concerned about the impact of the exit on them.”

Fed officials are debating when to begin slowing their bond purchases. At their previous meeting in July, officials said they were “broadly comfortable” with Bernanke’s plan to unwind purchases later this year, according to minutes released Aug. 21. Sixty-five percent of economists in a Bloomberg Aug. 9-13 survey said the first cut would come at the Sept. 17-18 meeting....(cont.)

Aug 25, 2013 - 10:06pm

Leader of German anti-euro party attacked at election rally

25/08 10:44 CET

Leader of German anti-euro party attacked at election rally Tensions boiled over at the election rally of Germany’s anti-euro party Alternative fuer Deutschland (AfD), when far-left activists attacked the leader on Saturday.

Bernd Lucke was pushed to the ground in the northern city of Bremen and one campaign worker was attacked with a knife.

It is the latest in a string of scuffles between the far-left and the party which is calling for the return of the deutsche mark.

Over in Berlin, 150 far-right nationalists protesting against a new home for asylum seekers were met by a 750 strong force of counter demonstrators.

The issue of refugees is proving a hot topic ahead of the elections in less than a month. Last week Chancellor Merkel warned against far-right extremism. Polls suggest she is likely to make a comfortable to return.

Aug 25, 2013 - 10:16pm


Did anyone do some homework ? Who the hell would ever of thought that such a well used, known commodity (Sodium Chloride) better known as SALT... And Citric Acid literally dripping from the trees in abundance world wide could produce a powerful substance called (Chlorine Dioxide). Is this a cure all ? What are diseases anyway ? Where do they come from ? Are they a fungus ? Parasite ? heavy metal ? chem-trail ? gmo crop ? Well folks I'm here to educate, almost a disjustice if i don't. Chlorine Dioxide my friends is the shiz-zam !!! With the chem trails, gmo, fukushima, candida, ^**#!!$$isha, you fucking name it man. We have a problem Houston!!! Case studies prove that Chlorine Dioxide not only cured 154 malaria patients in Uganda, study done by Red Cross... It can rid you of heavy metals, herpes, hiv, candida, cancer, the damn list hasn't been completed if you get my drift... You tell me what it wont cure ? Not only is this shit abundant under your nose and in thy mouth everyday, you can make this stuff in your own lab kitchen. Or can be bought over the counter by a trusted source, and its cheap as hell !!! The founder of this miracle potion goes by the name of Jim Humble. The product is better known as MMS. Please for thy sake of thy self, educate... Wanna reap the benefits of higher metal prices ? Well, you better be healthy to enjoy the ride !!!

Spartacus Rex
Aug 25, 2013 - 10:18pm

@ GL Couple of Questions

1) WTH is up with the (large) link provided under"Gold, the renminbi and the multi-currency reserve system", I clicked on it and it merely opens a new window showing your own post here tonight? 2) shortening long urls: have you tried using Google's URL shortener?

Aug 25, 2013 - 10:34pm


As I mentioned in the article, I was having problems shortening the URL. But I managed to correct it using the online function here. You can click on it now and download the article.

@litterbox, I've been using chlorine dioxide for over 20 years. Always have a bottle in the house for when we get sick, or carried with us when we went hiking incase ran out of water and we need to purify water. Better than iodine. It's safer and more stabilized than food grade hydrogen peroxide. 

Good prep especially if there are no doctors and you need antibiotics. Two good brands.

Aug 25, 2013 - 11:38pm


And to think marijuana only gets you high ... Why is it really illegal ??? Judge for yourself !!!

Aug 25, 2013 - 11:40pm


Aug 25, 2013 - 11:45pm

Pay attention to this...Did Obama just choose Goebbels?

Guest Post: Obama Picks Cass Sunstein (America’s Goebbels?) To Serve On NSA Oversight Panel

Submitted by Tyler Durden on 08/25/2013 - 21:45

Submitted by Michael Krieger of Liberty Blitzkrieg blog,

“It is the absolute right of the state to supervise the formation of public opinion.”

“We shall go down in history as the greatest statesmen of all time, or as the greatest criminals”

- Joseph Goebbels, Head of Hitler’s Ministry for Public Enlightenment and Propaganda

Only under the Obama Presidency, in which every appointment, minor or major, is handed only to the most corrupt, devious crony to be found, can a man like Cass Sunstein be appointed to serve on the NSA oversight panel. Cass is a noted propagandist, who has advocated that government agents should infiltrate groups and discussions that push “conspiracy theories” (read my article on how to know if you are a conspiracy theorist) in order to delegitimize them. But don’t take my word for it. The Washington Post wrote the following a couple of days ago:

The Obama administration is reportedly proposing Cass Sunstein as a member of a panel to review the surveillance practices of the National Security Agency (NSA), among other former White House and intelligence staffers. Sunstein was the head of the White House’s Office of Information and Regulatory Affairs until last year, when he returned to teaching at Harvard Law School.

While at Harvard in 2008, Sunstein co-authored a working paper that suggests government agents or their allies “cognitively infiltrate” conspiracy theorist groups by joining ”chat rooms, online social networks or even real-space groups” and influencing the conversation.

The paper also suggests that the government “formally hire credible private parties to engage in counterspeech.” That sounds an awful lot like the 50 Cent Party of online commentators who are paid per comment by the Chinese communist party to sway public opinion.

This is a great time to watch one of my favorite We are Change videos. The one where Luke Rudkowski corners Sunstein and he tried to squirm away.......(Cont.)

Aug 25, 2013 - 11:55pm
Aug 26, 2013 - 12:57am


Not table salt in solution - "Na + Cl -" Sodium Chloride

No - Sodium Chlorite, activated with acid to form very powerful bug killing chemical. Reports are mixed. Go careful!

Aug 26, 2013 - 6:04am

Stop Quoting Infamous Socialist Pigs !

Napoleon, Hitler, Stalin, Pol Pot, Mao .... Karl Marx .... they all made a few .... obvious quotes .... which were also made by many others .... more deserving .... so, why give the credit .... to socialist military pigs .... and another thing .... the Keynesian suppression of Gold .... it makes more sense .... if you consider it .... just another goobermint program .... like Obamacares, Free School Lunch and .... well, it's "Affirmative Action" .... for colored .... paper money .... Gold is being financially profiled .... as an "anti-statist hole licker" evildoer .... does that explain it better ? Monedas 1929 Comedy Jihad China Is Sleeping Giant Duh World Tour devil

Aug 26, 2013 - 7:53am

Is JPM An Agent For The Chinese Gvt?

Jim Sinclair’s Commentary

A picture of the process of the emancipation of physical gold’s price from the price of fraudulent paper gold’s price.

The key to the 2020 Great Reset based on the "Euro R 4 Standard."

Chinese Gold Imports – China Imports 104 Tonnes of Gold in June Posted on August 16, 2013 by Al Roy

China just imported 104 tonnes of gold in June and their cumulative imports are clearly exponential as they are gobbling up gold at the recently low prices.


Aug 26, 2013 - 8:16am


How does one get past that horrible taste? 

Yes, one must start out slow, one or two drops per dose or you better have your running shoes on to make it to the crapper.

Stabilized oxygen is very weak compared to MMS but way more expensive.

Aug 26, 2013 - 8:30am


I used mms and understand that if you use 1 or 2 drops and have to rush to the crapper, that means it is getting some serious stuff out. It took me about 8 drops to achieve the same. As an observation, just a personal experience you have a normal bowel movement and then later in the day comes the rush:) To me it looked like heavy metals were being removed.

Have not taken it recently, so I will after this post. As for taste, I understand however not tried apple juice rather than water. I just squirm jump and get on with it.

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