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2014-04-29

VATIC ALERT: Why is Switzerland Melting US Gold Bricks?

Massive Amounts of Gold Vanish From the U.S.

Big gold bricks are leaving the United States bound for Switzerland.

Once in Switzerland, they’re being melted down.

What’s presently happening represents a “tectonic shift” in power, according to Frank Holmes.

Frank is the CEO of U.S. Global Investors, Inc., an investment management firm with a longstanding history of expertise in gold, natural resources and emerging markets.

I had the luxury of discussing this evolving situation with Frank on Thursday.
Frank, who lives directly on the frontline of the gold market, says it’s important for investors to realize that gold is exiting the United States.
America has never witnessed a mass exodus of gold like this before.

In January alone, 57 metric tons of gold bullion fled the country.
Scarier still, China recently opened a brand-new vault. It’s a beast, with the capacity to store 2,000 metric tons, or roughly $82.5 billion at today’s prices.
(Is this Chinese super-vault the gold’s final destination?)
I asked Frank to connect all the dots, which he was happy to do for our readers.

Why is Switzerland melting down gold?
Where is the gold headed next?
Is this a potentially lucrative situation for investors?

As it turns out, the answers are rooted in two very powerful emotions, fear and love.

VATIC NOTE:  GO TO THIS LINK http://signups.wallstreetdaily.com/X303Q4A2  TO WATCH THE VIDEO.  Sorry about that, but the PTB are giving me a hell of a time on this blog.  

FrankHolmes
Onward and Upward,
Robert Williams


The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

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