Fearing the “Ghost of Gold”.

We read today that Robert Rubin, the famous architect of the “strong dollar policy” under Clinton, the self-same billionaire from Goldman Sachs and latterly CitiGroup, has decided to join the new President’s Administration. Now that his fortune (thanks to the U.S. taxpayers, read “the system”) is safely tucked away, and now that the realization has hit him that he has been exposed and “found out”, he is suddenly contrite saying “My great regret is that I and so many of us who have been involved in this industry for so long did not recognize the serious possibility of the extreme circumstances that the financial system faces today”. This man, who has been instrumental in the organized US led Fed/Central Bank/Treasury suppression and fraudulent manipulation of gold and silver for well over ten years, along with a cast of powerful and familiar characters such as Greenspan, Summers, Clinton, Bushes, Bernanke, and Wall St. Brokers, hedge Funds, media, major gold producers, and many others, rest my Lord, is suddenly contrite. The genie has been out of the bottle for too long and the guilty are circling the wagons. But what if “the people” discover they have no gold? That the Gov. vaults, ETFs, COMEX, Treasury, Fed., Banks and other depositories are mostly depleted of gold (the gold that belonged to US populace) due to criminal activities against the taxpayers; gainst the constitution of the USA?

Robert Rubin has suddenly found “religion” and has seen the errors of his ways. You don’t suppose he smells the fear of retribution in the air do you? Perhaps he has become paranoid and has nightmares of lynch mobs running wild through the halls of power. Does this admission of guilt pardon him suddenly of his myriad sins? Will he be protected behind the veil of the Presidency yet again? I guess there’s nothing like a good offence. Is Obama recognizing Rubin’s culpability and attempting to offer a pardon as an olive branch to the powerful Cartel culprits in order to “bring them onside”? After all, most of the “new gang” aren’t new at all. (Obama has some tough choices to make and he is in a position of serious compromise.) If so, Zebras will soon be changing/painting over their stripes. The people who have ruined the entire economy of the once great USA, to the extent of threatening the total global economy are being offered a chance to save the day. This is beyond bizarre.

The “ghost” of the gold standard is howling louder every day, threatening to destroy the criminals with whipping blue integrity. It threatens to righteously return the power back to the people. It threatens to make the banks honest again. It threatens to protect the savings of individuals from confiscation by way of currency debasement and inflation. It threatens to make banks and governments honest, restore economic health, protection of property rights, bring balance to capitalism and freedom to mankind. The roars of the golden “ghost” can no longer be denied as they echo into and from every corner of the earth. They reverberate from the street vendors of Mumbai to the Chinese factory worker, from the mini miners in Africa to the artisans of Asia, from the hushed cocktail parties of the wealthy to the surreptitious operations of money launderers, from the hidden crevices of bureaucracy to the highest office in the land, from palaces of the Mid East to the mandarins of the markets, from the paper printers to the conjurers of derivatives, but always and initially from the silence of the deceitful to the honesty of the protagonists. There will be no denial. Indexes can be “rebalanced”, derivatives/leverage can stretched, spin can be spun, Gold Bugs can be anointed with more tinfoil hats, naked shorting can be extended, margins can be raised, some miners can continue complicity, and so on. It is all wearing very thin. Gold can not be printed and the purported death of the law of supply has indeed been highly exaggerated. As the spot price of gold becomes higher than the futures price, mints are overwhelmed, Swiss vaults are full to capacity, coin dealers are depleted and public pronouncements of gold buying blast in to the mainstream media….and even the reluctant, gold bug/GATA nemesis Dennis Gartman increases gold holdings in his portfolio, the dye is cast.

With the newly appointed mastermind of dollar hegemony, Robert Rubin, what will be the plan of the old cadre of crooks? Do they dare to step it up a notch and attempt to continue to hide their sins, grabbing ultimate power by the total subjugation of the electorate? Are they desperate and arrogant enough to attempt to win “at all costs” by “whatever it takes”? Will they ignore the ominous warnings of the howling ghost of gold? Or will they save themselves and all of us by giving rebirth to a new global, currency backed gold system? If not, can gold confiscation be far away, along with hyperinflation, protectionism, depression, homeland militia, marshal law, travel restrictions, food rationing and civil unrest?

Only time will tell. We have no way of knowing the inner thoughts of the above self proclaimed, nefarious masters of the dollar universe, especially since the President Obama has just pronounced that torture will no longer be tolerated the by United States of America.