Max Keiser: 'Italy's 2400 Tons Of Gold Are The Real Target Of IMF Terrorists'

Video  - Max & Stacy - July 13, 2011

Short clip.  Italy has the third-largest gold stockpile in the EU behind France and Germany.

UPDATES Thursday:

• ECB to protect Europe by buying bonds - Telegraph
• Run On Italian Banks Thursday - Larry Kudlow
• Italy Cancels Debt Auctions For The Rest Of 2011
• Italy Seizes Documents Of S&P, Moody's Over Suspected Market Manipulation

Update on Aug 4, 2011 at 9:36 PM by DailyBail

Several updates on Italy posted.

Comments

[S. Gompers]

That is how the IMF operates, they will move in to "bail out", make loans of fake paper and seize hard assets for "collateral". Create the problem to make your "solution" more palatable to the masses. Follow what the IMF does when they get "involved".

Loss of real wealth, loss of Sovereignity, are just the beginning of their controlled downward spiral of the nation being "helped".

[Wil Martindale]

And gold will be the target every site is set upon, as a global economy built upon unrepayable "fake paper" is seen by the world for what it really is.

Once I became a "gold bug" (of the type I had always scoffed at) the composition of my "associations" began to change. I used to think that institutional "sellers" were part of the CON, baiting a bubble top, and that buying gold at $1300 or $1400 was a foolish pursuit, because it's the ones who bought at $400, $600, $800 who moved at the right time.

Then I realized that many of those buyers are selling now, counting their $800, $1000, $1200 paper "profit" per ounce as a "smart money" boon.

Soon, those people will think very differently about that.

As we continue to peel back the onion of our curious and confounding modern world, we continually discover new layers of truth, many causing a reversal of formerly held beliefs.

Such reversals can be revealing ... and cathartic.

That is just one weary traveler's opinion. It only does me good to mention it in that a new resurgence in the monetary discipline of gold (as the reserve asset of an issuing monetary authority's central bank) is gaining ground now anyway, and the demand to allocate physical is bringing about the predictable end of fiat, regardless.

But helping that along is much more satisfying than banging my head against a wall of moral bankruptcy which nothing else in my power to do will EVER change. In a small, but meaningful way, every ounce we trade paper for puts a 14 carat nail in Obama, Bernanke and Geithner's political coffins.

We can't save America from the barren economic harvest ahead, sown from generations of profligacy and debt. We can only bring that day closer, sooner, so that when the collapse does come, the price we pay is a few days less less horrible than if we'd let it go on that much longer.

Evil politicians will never hold evil bankers accountable - they are in league with one another. And because they are so hard to tell apart, only a greater power will judge.

And it will be a life sentence: Guilty as charged.

Verdict: Reality ... for life.

[DailyBail]

Great stuff Wil...enjoyed your comment...

[TR]

How does one join this THEFT RING?

[Dave]

After learning what Dr. Paul said about gold while questioning Bernanke it makes sense more and more.

[Jay]

She loses all credibility with her "ugly, old buffoon" comment. Is she in the 3rd grade?