gold bank runThe Doc and Turd Ferguson from TFMetalsReport sat down with AltInvestors last night for another round table interview focusing on the implications of the Bundesbank’s recent gold repatriation request. 
Doc and TF discussed the beginnings of a gold bank run and how other nations such as the Netherlands could step in line in front of the Germans by demanding delivery of their gold immediately, how CNBC’s recent discussion of Germany’s gold repatriation inadvertently admitted in the MSM everything that GATA has alleged about Central Bank gold leasing for over a decade, and how a full blown currency war is developing as we speak

Full interview is below:

Legendary gold trader Jim Sinclair has sent an email alert to subscribers today regarding last night’s news that Germany will begin repatriating it’s gold held on deposit at the NY Fed back to the Bundesbank, as well as all 374 tons held at the Bank of France.
Sinclair states that history will look back on this salvo fired across US war financing as being the beginning of the end of the US dollar as the reserve currency of choice, and that under normal circumstances, no major central bank would insult another major central bank in the way that the Bundesbank just has.

Sinclair states that the Bundesbank repatriating its gold reserves is the most significant event in the gold market since Charles De Gaulle called the US hand that it would stand by convertibility, and that gold is headed to $2111 in the near future in the wake of the Bundesbank’s actions.

Sinclair’s full MUST READ alert below: