Today James Turk spoke with King World News about desperate steps and increased propaganda which are being undertaken by the Western central planners in an attempt to keep the gold and silver markets subdued. This is the third and final in a series of interviews with Turk that was released today which reveals the increasingly desperate moves and propaganda we are now seeing emanate from the West.
Eric King: “You brought up whether it’s really gold (we were seeing in the Bank of England’s gold vault? We don’t know what we were looking at in that vault.”
Turk: “Yes. And we don’t really know what’s sitting in Fort Knox, if anything. You know they (central banks) operate behind closed doors, Eric, and you just sort of have to believe.
“But when you are in a financial bust, you don’t want to believe. You want to have that tangible asset in your hands or in your control because you don’t want to be subject to counterparty risk.”
Eric King: “When you go back and look at the old U.S.S.R., before it finally broke down in the 80s, they would have these military parades going through Moscow. And it’s great to read the old documents now because they admit, ‘We had a lot of fake military gear that wasn’t real. And we were putting on a show with stuff that didn’t really exist.’
‘It was something we had fabricated to make it look like this tremendous military armament, but it was a facade. It wasn’t even real military gear.’ So how do we what we’re looking at in that gold vault is real? Because this is the history of what governments do, they just put on a show, a facade.”
Turk: “Yes. That’s the art of propaganda. That’s why I say instead of sending the Queen to the vault of the Bank of England, send in some auditors and let’s get the true story of what’s really there. How much (gold) has been loaned out? How (of that gold) has been hypothecated and re-hypothecated? In fact, are they real gold bars in the first place or just pretty pictures of something that looks like gold?
Let’s send auditors into Fort Knox, the Mint in Colorado and West Point and the other storage sites to see how much gold is really there. The same thing with the Federal Reserve. Let them open up those vaults to independent enquiry (auditors), rather than parading dignitaries through the vaults and taking photos.”
Eric King: “James, when you look at this type of (propaganda and) desperation, it often can have a boomerang effect that comes right back in your face. When we look at the charts years from now, will we be able to mark the points on the charts, ‘Here is where the Queen tours the vault of the Bank of England, and here is where they tried to shut down imports of gold into India,’ and will we see this massive price spike afterwards? Is that what we are going to see on a chart?”
Turk: “Yes. And the last thing on the chart will be, ‘Here is where the US dollar goes to zero and gold goes to infinity’ because, like the Zimbabwe dollar, nobody is going to want to trade Zimbabwe dollars for gold. Nobody is going to want to trade US dollars for gold because the dollar will be totally destroyed.”
Article Source: Kingworldnews
Eric King: “You brought up whether it’s really gold (we were seeing in the Bank of England’s gold vault? We don’t know what we were looking at in that vault.”
Turk: “Yes. And we don’t really know what’s sitting in Fort Knox, if anything. You know they (central banks) operate behind closed doors, Eric, and you just sort of have to believe.
“But when you are in a financial bust, you don’t want to believe. You want to have that tangible asset in your hands or in your control because you don’t want to be subject to counterparty risk.”
Eric King: “When you go back and look at the old U.S.S.R., before it finally broke down in the 80s, they would have these military parades going through Moscow. And it’s great to read the old documents now because they admit, ‘We had a lot of fake military gear that wasn’t real. And we were putting on a show with stuff that didn’t really exist.’
‘It was something we had fabricated to make it look like this tremendous military armament, but it was a facade. It wasn’t even real military gear.’ So how do we what we’re looking at in that gold vault is real? Because this is the history of what governments do, they just put on a show, a facade.”
Turk: “Yes. That’s the art of propaganda. That’s why I say instead of sending the Queen to the vault of the Bank of England, send in some auditors and let’s get the true story of what’s really there. How much (gold) has been loaned out? How (of that gold) has been hypothecated and re-hypothecated? In fact, are they real gold bars in the first place or just pretty pictures of something that looks like gold?
Let’s send auditors into Fort Knox, the Mint in Colorado and West Point and the other storage sites to see how much gold is really there. The same thing with the Federal Reserve. Let them open up those vaults to independent enquiry (auditors), rather than parading dignitaries through the vaults and taking photos.”
Eric King: “James, when you look at this type of (propaganda and) desperation, it often can have a boomerang effect that comes right back in your face. When we look at the charts years from now, will we be able to mark the points on the charts, ‘Here is where the Queen tours the vault of the Bank of England, and here is where they tried to shut down imports of gold into India,’ and will we see this massive price spike afterwards? Is that what we are going to see on a chart?”
Turk: “Yes. And the last thing on the chart will be, ‘Here is where the US dollar goes to zero and gold goes to infinity’ because, like the Zimbabwe dollar, nobody is going to want to trade Zimbabwe dollars for gold. Nobody is going to want to trade US dollars for gold because the dollar will be totally destroyed.”
Article Source: Kingworldnews