… it is already too late. The final nail in the coffin of the Western economy has been put into position, and hitting it is about to commence. What the bankers of the western centrals banks have been “trying” to prevent from happening for years, is about to start. We have been following this story for many, many months now, and all of a sudden, without anyone knowing anything about it in advance, it IS HERE!

If you are familiar at all with what has been happening in the precious metals markets (mainly gold & silver), you would already be aware that the western governments have been trying desperately over the last few years to keep the prices under control – for various reasons – but mainly to mask the huge problems of the underlying economy and debt! It is not that much of a secret that the financial crisis of the 80’s was just a dry run for the big one, just to see what it was that they had not thought about in a real scenario – and they did find out – Larry Summers, a key architect of the system being set up in the West, and one of the main contenders to replace Bernanke, a close friend and adviser of Obama, discovered that the reason they couldn’t keep interest rates under control in the 80’s was because they did not keep the price of gold under control:

In 1988, a young economist out Harvard, Larry Summers wrote a verbose paper entitled “Gibson’s Paradox and the Gold Standard.” In the paper, Summers explains that when the real interest rate is positive, the gold price will not increase and even decrease as parties will prefer fiat currency that increases in purchasing power. However, when the real interest rate is negative, the price of gold will increase as parties will seek to preserve their purchasing power. Gold serves as “the canary in the coal mine” for all fiat currencies. When the price of gold rises, this is the prime signal that the currency is being debased.

This time they got it right and they have been able to keep the price on precious metals in check until now – but with a very heavy price – the entire gold and silver inventories in the western central banks has now been exhausted and they are about to loose control. JP Morgan is running huge deficits of metals, COMEX and LBMA inventories are drying up, and now the delays in gold and silver deliveries from these depositories are beyond 100 days! They have been able to fool everyone that there has been a recovery, that the economy is improving, all through the criminal participation of the FED, ECB, JCB and all other western central banks. The game is almost over, but in the meantime everyone is being caught in the trap of debating: is it getting better or not? is it just another financial crisis that will pass or not? are jobs being created or not? that is just a distraction from what is really going on, just to keep people busy …

When this scandal breaks out, it will dwarf any other financial scandal in the history of the mankind – forget Libor, forget Bernie Madoff, forget MF Global, forget Lehman Brothers, forget them all! It will be game over – all the paper currencies of the West will collapse – in one night!

That is why these western central bankers have been trying so hard to make sure they get no competition, and they killed any prior attempts to create a metals exchange that is fully allocated, and not functioning based on the principles of fractional reserve banking like the casino financial system in the west.

So here we are, at the point where the western central banks have been trying so hard to avoid – the first fully allocated metals exchange has been opened – and look who are amongst the first to invest – Jim Rogers! The news is now breaking, but not in the western media – no! They won’t tell you until the JP Morgan & Wall Street scandal breaks out, when it will be too late. The news is breaking elsewhere, like in Jakarta Post, in Singapore and other places – but not in the West.

But remember: there are no coincidences – those in the know are ready !