Due to the importance of the developments in the gold markets and how this will bring about the biggest financial crisis ever, that will dwarf 2008 and will mean the destruction of the West, you will be seeing increasing references to this topic in our future posts. Before the 2008’s GFC (global financial crisis) some economists saw the clouds gathering in the MBS markets (mortgage backed securities) and raised the alarm, only to be dismissed my the mainstream media as lunatics. What is happening now is far more serious because it will mean the final destruction of the US dollar and the collapse of whole western financial system. This market is a highly levered market, to the tune of 100 to 1 derivatives vs physical assets.

Here is a must read-interview with William Kaye, one of world’s most regarded fund managers out of Hong Kong. Because what he said caused quite a stir in the financial circles, here is a followup interview that is a must listen to!

Another must listen to interview is that of Andrew McGuire

Harvey Organ, a whistle blower who testified for GATA in front of the US Congress regarding the manipulation of the precious metal markets by the western central banks, has a blog where he is following the physical gold inventories of JP Morgan and COMEX daily, and things are not looking good!

The issue is now also surfacing in the mainstream media.

The best resource on the web for people to follow the developments is the King World News website where big fund managers and market experts are interviewed daily.