PM Fund Manager: US Will Start WW3 to Avoid Admitting Gold Reserves Are Gone

Friday, November 7, 2014
By Paul Martin
November 7, 2014

Time is starting to run out for ability of the U.S. to keep kicking the can of collapse down the road. I really believe that the full-on intensity of the recent intervention in the precious metals market is the most obvious signal of time expiring.
China has been accumulating physical gold at a stunning rate and now some research indicates that China’s Central Bank may have accumulated significantly more gold than anyone previously thought.

China has most likely maneuvered itself into owning the world’s largest stock of gold, which is where the U.S. had positioned itself after WW2. China has done this to a large degree by buying massive quantities of western Central Bank gold.
We’ve come full circle, only with China in the Midas throne this time around. Eventually the world is going to revert back to a gold-backed currency system. When this happens, the U.S. will be required to demonstrate that it possesses the amount of gold that it reports to own.
The only caveat here is that the U.S. will start WW3 before it’s forced to reveal the truth about its empty gold vault.
That’s how broken our system really is…

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