From Political Vel Craft
Silver
FATHER FORGIVE THEM, FOR THEY REALLY
DO NOT KNOW WHAT THEY HAVE GONE & DONE!
Jim Sinclair has sent subscribers another alert this
afternoon regarding the
delay in the implementation of the Basel III requirements,
which were set to make gold a Tier I asset – making the metal equal with cash
or treasury bonds for capital liquidity requirements.
Sinclair states that the entire reason that Basel III has been delayed is because the Western financial system simply does not have the ability in terms of real liquidity to meet the new requirements. Sinclair states that the Western financial system cannot meet the requirements now, they will not be able to in 2 years, and that his conclusion regarding Obama’s appointment of Citi derivative dealer to the position of Secretary of the Treasury is: Father forgive them because they (our esteemed leaders) really do not know what they have gone and done.
Sinclair’s full alert is below:
From Jim Sinclair:
Sinclair states that the entire reason that Basel III has been delayed is because the Western financial system simply does not have the ability in terms of real liquidity to meet the new requirements. Sinclair states that the Western financial system cannot meet the requirements now, they will not be able to in 2 years, and that his conclusion regarding Obama’s appointment of Citi derivative dealer to the position of Secretary of the Treasury is: Father forgive them because they (our esteemed leaders) really do not know what they have gone and done.
Sinclair’s full alert is below:
From Jim Sinclair:
The entire reason for the agreed delay of the Basel Three
liquidity requirements is the Western financial system’s balance sheets. They
are cartoons because of FASB blessing of debatable values for paper assets such
as OTC derivatives with absolutely no market relationship.
Put succinctly, the Western world financial system simply does not have the ability in terms of real liquidity to meet Basel Three requirements. That is the entire story. The tomes written on this should be but one line – bankrupts cannot meet liquidity requirement now or in two years from now.
Add this to the news that a derivative dealer out of Citi has been proposed as Secretary of the US Treasury and my conclusion is that in truth, “Father forgive them because they (our esteemed leaders) really do not know what they have gone and done.”
Respectfully,
Jim
Put succinctly, the Western world financial system simply does not have the ability in terms of real liquidity to meet Basel Three requirements. That is the entire story. The tomes written on this should be but one line – bankrupts cannot meet liquidity requirement now or in two years from now.
Add this to the news that a derivative dealer out of Citi has been proposed as Secretary of the US Treasury and my conclusion is that in truth, “Father forgive them because they (our esteemed leaders) really do not know what they have gone and done.”
Respectfully,
Jim
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Why Has HSBC Purchased Silver From
Poland, When It Is So Cheap In The U.S? Because There Is Very Little Physical
Above Ground Silver In The U.S. And It Is Only The Derivative Paper
Silver That Is Being Used To Drive The Price Down On The Graphs.
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Worth From Poland. To Cover Derivative Paper!
Silver Is Vanishing!
Sinclair states that the entire
reason that Basel III has been delayed is because the Western financial system
simply does not have the ability in terms of real liquidity to meet the
new requirements. Sinclair states that the Western financial system cannot
meet the requirements now, they will not be able to in 2 years. IOWs, the
banking cabal are caught [w/o physical silver] in a 2 year SHORT, they will
soon have to take money out of their own pockets to cover the fraudulent
derivative paper promissory notes.
They have been using fraudulent paper silver [endlessly] to keep driving the price down on the graph to scare/denude owners of physical silver to sell so they can cover their obligations of the derivative paper [which is a promissory note to the comex of physical silver]. IOWs, they are caught now with their pants down and if “We The People” keep buying all the physical silver from the precious metals dealers, the ole vampire banks will be caught out in the sun.
They have been using fraudulent paper silver [endlessly] to keep driving the price down on the graph to scare/denude owners of physical silver to sell so they can cover their obligations of the derivative paper [which is a promissory note to the comex of physical silver]. IOWs, they are caught now with their pants down and if “We The People” keep buying all the physical silver from the precious metals dealers, the ole vampire banks will be caught out in the sun.
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Silver Taking Down JP Morgan.
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25th. Amendment!
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