Posted by Francis Koh on 10 Feb 2014

RED ALERT: Coming Currency Collapse & Bullion Banks Rush To Increase Registered Gold Inventories.

According to Harvey Organ’s interview, 20 Tons of Gold “Kilo Bars” Withdrawn From JPM Vaults & Headed to Hong Kong! , 1.3 million oz of gold were standing for delivery in the beginning of February.  However, Harvey believes the majority of these contracts were settled with cash.

It is no surprise that a large percentage of these contracts were cash settled, because there wasn’t enough available gold in the registered inventories.  In just the past three days, the bullion banks transferred nearly 200,000 oz of gold from their Eligible inventories to their Registered.

Comex Gold Inventories 20514

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