Here we go again! With the cartel’s gold smash stalled at $1386, breaking across the wires is a Bloomberg report that Cyprus Finance Minister Haris Georgiades has just stated that Cyprus will liquidate its gold reserves within the next few months.
Now we know why the Cyprus gold sale story was refuted 48 hours after the initial report: so the MSM could re-cycle the news and use the threat of the same tiny 10 ton gold sale as an excuse for another future paper raid.
Still no mention from Bloomberg or any other MSM source about last weekend’s collapse of Rio Tinto’s Kennecott mine in Utah, which wiped out 5 million ounces in annual silver supply, and 500,000 ounces of annual gold supply.
The Cypriot government plans to sell part of its gold reserves within the next months, a decision that needs to be approved by the country’s central bank, Finance Minister Haris Georgiades said.
“The exact details of it will be formulated in due course primarily by the board of the central bank,” Georgiades, 41, told Bloomberg TV’s Ryan Chilcote in an interview in Nicosia. “Obviously it’s a big decision.”
It seems however that Cyprus’ Central Bank head objects to the theft of Cypriot gold:
Central bank chief Panicos Demetriades said last week that the Cypriot government didn’t have the right to sell gold without his consent. He also signalled the administration hadn’t involved him in the plan. The Cypriot central bank manages the country’s gold stock, which amounts to 13.9 metric tons, according to the World Gold Council.
With more MSM MOPE propaganda being released regarding gold sales, perhaps the cartel is not finished quite yet with their historic gold and silver raid?
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