The City of London is Burning through its Golden Stockpiles

LondonThe Rats are Scurrying…

 

Submitted by The Wealth Watchman

This week we go into the lair of the Banking Dragon itself: the City of London! Where all the wyverns and drakes of finance are busy incinerating the hopes and dreams of innocent people all over the world, through criminal cunning, and evil genius…

However, their time is running out.  Here’s why…

We discuss, specifically:

A respected businessman who recently said that London’s gold was almost gone…

Why it’s important to determine an educated guess as to how much gold is left…

How much gold London had before this downtrend began…

A detailed look at several charts, showing the rate of decline in London stockpiles…

How much gold they’ve already burned through in 2015 (hint: ALOT!)…

How much time left for their rigging that these stockpiles might get them (at most)…

And lastly,

The four key takeaways about the London gold data that we must keep forefront in our minds…

Keep in mind, that the guess I make (at best for them), is also totally dependent on whether or not they can source enough silver for that period of time.  My gut tells me they cannot source silver that long…

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