Wednesday, October 2, 2013

delay in the implementation of the Basel III requirements

From Political Vel Craft
shapeimage_22

Silver

FATHER FORGIVE THEM, FOR THEY REALLY DO NOT KNOW WHAT THEY HAVE GONE & DONE!

  1. United States & Texas Revolutions: Infographic ~ Give Me Liberty Or Give Me Death!
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:
Slave-Queen-2-300x300
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

1.   Is the World’s Richest Man Getting Into Silver?

Check out these similar articles:
  1. Jim Sinclair: Stopping QE Cold Turkey Would Unleash Economic Wrath of Hell
  2. Jim Sinclair: QE To Have Major Economic Impact On Western Financial World
  3. Jim Sinclair: Gov’t to Raid Retirement Accounts to Fund Shortfall of Treasury Purchases
  4. Jim Sinclair: MF Global is Lehman Brothers, But WORSE!
  5. Jim Sinclair: Margins on Gold and Silver Will Rise to CASH Before Bull Market Ends
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.
Crash-JP-Morgan-Buy-Silver1

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.
  1. The Collapse Of The Richest 1%’s New World Order ~ Silver Taking Down JP Morgan.
  2. America’s Antidote & Powerful Tools To Bankrupt Rothschild Banksters: Silver, Glass Steagall Act H.R. 1489, & The 25th. Amendment!
Silver Doctors
Silver Bullet Silver Shield Slave Queen Collection at SDBullion.com!!

silver_bars_bullion
Related articles
Silver Paul

No comments: