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Home arrow News Articles arrow War Fears Trigger Gold Rise 10-5-10
War Fears Trigger Gold Rise 10-5-10 PDF Print E-mail
Tuesday, 05 October 2010

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Special A-O Report Coverage:

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War Fears Trigger Gold Rise





Gold Prices Are Skyrocketing


The Rich Are Buying Gold By the Ton



Not Because of Economic Collapse


But in Anticipation of Major Mideast or World War



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The wealthiest people in the world are buying as much physical gold as they can get their hands on and buying it in some cases by the ton and certainly by 100 oz bars at $140,000 or so per bar.

Gold is trading at over $1,300 as the week started making a 100 ounce gold bar sell for around $140,000 or more including vendor commissions. 10 such bars would sell for nearly $1.5 million dollars.

Even so, some of the wealthiest money holders are also speculating with Gold futures contracts where they can leverage cash out at a nearly 23 to 1 or better ratio. This is an extremely high ratio and prompting tremendous speculation by investors willing to take tremendous gambling risks.


While the elite rich were buying gold, news media and investment brokers claimed the rush to own physical gold was merely based upon making a short-term profit the reality is the opposite. In reality, the rich are using that as a public excuse, but we believe the real reason is kept quiet - a fear of major war.

 

The only reason to take physical possession of gold in massive quantities is because of the fear of a collapse of the entire status quo. Why?

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Taking physical possession of gold makes it difficult to safely store. It must be protected in a very safe and secret place that can be easily accessed as needed. It is also a pain to re-sell the large gold bars back because tests must be performed to authenticate that it is real, solid gold throughout and not a gold plated scam.

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IF you are out to make a profit in gold, a smart investor buys gold futures contracts as a mere hedge against inflation and he does not take possession of truck loads of gold.

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So the real reason why the rich and powerful elite are buying gold is related to a fear of collapse of the monetary system resulting from a major, destructive war, such as a world war, but not because of a fear of depression. Depression means cheap gold after an inflationary spiral that crashes the gold market and the value of gold plunges dramatically.

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The only reason to hold massive amounts of gold is that in the event of war, gold becomes king no matter which side wins the war. It will be the basis for which a new global currency will be established and backed as a means to establish consumer faith in such a currency. Most likely, such a currency will be a global, one-world government, electronic currency and used by the whole world.

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What we are seeing in the new "gold rush" of the 21st Century is an indication that the elite understand that sooner or later, a devastating war is coming that will destroy the status quo of the world economy and bring about a new, global monetary system. They are trusting that their physically possession of gold will protect their net worth of their wealth, even more so than land.

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With the latest developments in the Middle East, I suspect that word has been circulating quietly among the elite to buy gold because time is running out and war is soon to develop, starting first in the Mideast but quickly spreading via terrorism throughout Europe and North America.

What they fail to realize is that these anticipated events will most likely become the fulfillment of Biblical Prophecies, especially the start of the fulfillment of the book of Revelation for perhaps the next seven years.

For those readers who are interested in catching the latest mainstream media coverage of this amazing gold rush - LINK HERE to a Reuter's newswire story. LINK HERE for an ABC-TV News story. LINK HERE for a Wall Street Journal article.


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