JIM WILLIE: BULLION BANK RUN IN PROGRESS, CLIMAX COMING!
By Greg Hunter
MAY 20, 2013
“Hang on to your gold [and silver], don’t even watch the corrupt gold price, because I can guarantee you in the next several months, or a year or more, there will be NO COMEX GOLD PRICE. Because they will have no inventory; they will offer no more futures contracts, because the line up for lawsuits and prosecution will be so long…”
Jim Willie says the recent gold price take-down has caused, “A bank run in gold bullion banks. It’s a vault run. . . Wealthy investors are asking for their gold, and some are finding out it’s not there.” Jim Willie, who holds a PhD in statistics, says things are getting worse. Dr. Willie contends, “Back in 2011 and 2012, you had an important event every three of four months. Now, it’s every two or three weeks. So, the mean time between failures is rapidly declining.” Dr. Willie goes on to predict, “Before, they were talking about stress tests. Now, they realize that all of them in the past were a fraud. So, they are talking about ‘bail-ins’ because they are expecting failures.” Dr. Willie contends, “It’s all coming to a climax where gold is going to be central with a gold-trade central bank and gold priced at $7,000 per ounce.” Join Greg Hunter as he goes One-on-One with Jim Willie: