Admiralty Bank was caught with metal bars painted gold
- Right now, there’s a shortage of …
- More economic trouble…
Fake gold is no longer a rumor because on Friday the Russian bank named Admiralty Bank was caught with metal bars painted gold and it appears they were using them to balance their books as they showed the fake gold on the books as reserve cash. Admiralty Bank is just a minor player in the world banking system, but they got caught. What does this say about the rumors that have been going around for the last few years that there’s a lot of fake gold out there and gold plated tungsten bars?
We will tell you that many more banks out there holding fake gold. The major banks have not yet gotten caught with fake gold because they move it quickly. Soon, bank regulators will start investigating gold reserves closer. There will be many more banks exposed holding fake gold as cash reserves.
Right now, there’s a shortage of available gold and silver as London is scrambling to fulfill orders from China and India. In fact, London is hoping the U.S. will come to their aid with gold and silver bars.
If we were bankers we’d be checking out those deliveries very carefully. The more economic trouble the world gets into the more banks and governments will desire gold and silver as cash reserves and not paper money.
QUESTION: What should readers take away from this message today?
ANSWER: That all you have to do is see how limited the supplies of things like gold coins and silver eagles are to see there’s a backlog of demand.
QUESTION: Why is this information timely?
ANSWER: This information is timely because now that the first bank has been caught and exposed many more will be right behind them.
QUESTION: How can readers best apply this information to their lives right now?
ANSWER: If you are an investor of gold or silver bullion, you best be careful.
COMMENTARY: Is anything real anymore? You are witnessing what leads up to a collapse, something you have never seen in your lifetime or maybe even your parent’s lifetime. In fact, it’s unthinkable to imagine that major institutions, the pillars of society, would stoop to such desperate measures. The most important commodities for you are what will sustain you and your family. Hedging, through buying real gold and silver, only comes into play when you have excess wealth that needs protection from unstable currencies. Be extra careful that your gold and silver investments are the real deal and can be trusted when you need to denominate or trade them.
AWAITING NOTARIZED PROOF