Jim Willie: Central Bank Gold Rehypothecation Scandal to Take Gold to $5,000/oz

November 1, 2012 By The Doc


  • The battle is on for delivery and verification for official gold accounts
  • Evidence grows that much of it is gone, and when demanded, replaced with urgency
  • It is soon to transform into a global gold war
  • The German Government gold demand to the London and NY City bankers represents a big escalation in the gold war
  • The central bank coordinated QE to Infinity has brought questions of gold account location and integrity
  • The Allocated Gold Account scandal is a natural event to follow the LIBOR banker scandal
  • QE3 will assure a gold rise past the $2,000 mark, but the new scandal will take the gold price to $5,000
  • The powerful gold factors are aligned and in place, led by permanent ZIRP and unlimited QE

A nasty Golden Harp could soon have its cords plucked, with the resonance working to shake loose the bankster cover of improper illicit duplicitous and probably highly illegal usage of Allocated Gold Accounts.




Sunday Lake Project – Summary
• 50% joint venture with Detour Gold Corp. on
Sunday Lake Gold Project
at Detour Lake, Ontario
• Sunday Lake comprises 13 km2 
of mine leases on the Sunday Lake Deformation 
Zone which hosts the 14.9 million ounce Detour Gold deposit 
• Excellent existing infrastructure nearby
• Structural Break with 7 km strike length
• Targets identified
• Follow up existing 
mineralized structures 
gold targets
• Evaluate recent 
airborne geophysical