Bob Pisani: What Happens To Gold ETFs During Selloff

Pisani on today's gold selloff and redemptions at ETFs.

Who will be the marginal buyer in gold?  Here's a hint.

If the Fed needs to buy several hundred tons of gold to eventually send back to Germany, they would certainly benefit from today's lower prices, wouldn't they.

Central Banks Buy The Most Gold Since 1964

MUST SEE: Is The Fed Lying About Its Gold?

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[DailyBail]

Central Banks Buy The Most Gold Since 1964

http://dailybail.com/home/central-banks-buy-the-most-gold-since-1964.html

[DailyBail]

CHART: Stocks Vs. Bonds Vs. Gold

http://dailybail.com/home/chart-stocks-vs-bonds-vs-gold.html

[Throb]

The multi generation crime that took control of American government structures, following the 1913 WZO / UK Balfour Declaration that initiated SSCJ, and sayan, Justice William Brandeis delivery of a black mail note to Woodrow Wilson with terms requiring he sign off on US entry into, and restart WW I and usury funding to be serviced through the creation of the Federal Reserve and IRS, and assured by forcing state house to bypass the original terms of the founder's constitution and relinquish their US Senatorial appointment powers to a direct vote[1] have sought not to control, but to own " the money".

The banks are buying up gold thanks to the FED best efforts, as evidenced by FMOC minutes, to have their member "primary banks" flood the market with "naked" shorts.

The end game is not a "gold standard". The end game is "gold currency". And the plan, when it is fully executed, will have all the gold owned by" too big to be accused of moral turpitude" primary banks.

THE BANKS WILL OWN THE CURRENCY. That has been the plan all along

THe commons will have mini storage lockers filled with worthless fiat and forced to buy gold at 10K and ounce to enter into any transactions. And of couse, the commons will not own the minuscule amount of gold their worthless fiats will be able to afford, the will only be able to license it to complete a transaction. The commons will still be paid in "not worth the ink" "coupons" that they'll have to convert to a license to use the gold, the banks own, to complete a transaction.

[1] http://www.sweetliberty.org/issues/israel/freedman.htm