Bix Weir: Ecuador Lends (?) Goldman Sachs (Cabal) 1/2 it’s Gold…”LIQUIDITY CRISIS” LOOMS!!!

And the hits just keep on coming! Time to read between the lines…

Ecuador Sends Gold Reserves to Goldman Sachs in Exchange for “Liquidity”

http://www.bloomberg.com/news/2014-06-02/ecuador-sends-gold-reserves-to-goldman-sachs-in-liquidity-hunt.html

“Ecuador agreed to transfer more than half its gold reserves to Goldman Sachs Group Inc. for three years as the government seeks to bolster liquidity.”

“The central bank said it will send 466,000 ounces of gold to Goldman Sachs, worth about $580 million at current prices, and get the same amount back three years from now. In return, Ecuador will get “instruments of high security and liquidity” and expects to earn a profit of $16 million to $20 million over the term of the accord.”

“Gold that was not generating any returns in vaults, causing storage costs, now becomes a productive asset that will generate profits,” the central bank said in the statement. “These interventions in the gold market represent the beginning of a new and permanent strategy of active participation by the bank, through purchases, sales and financial operations, that will contribute to the creation of new financial investment opportunities.

END

Since when are “interventions in the gold market” legal?? Isn’t Goldman Sachs aiding and abetting this Central Bank in the gold market interventions?? I guess there are no laws when it comes to the Banksters.

Reading between the lines… 

If a central bank announces a gold loan to the public there’s an ulterior motive!!

Given the headline promotion of “LIQUIDITY” I would venture to guess that the cabal wants other countries to cough up their gold in an up coming “LIQUIDITY CRISIS”!!

Stay tuned…

May the Road you choose be the Right Road.

Bix Weir

www.RoadtoRoota.com 

 

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3 Responses to Bix Weir: Ecuador Lends (?) Goldman Sachs (Cabal) 1/2 it’s Gold…”LIQUIDITY CRISIS” LOOMS!!!

  1. Tan soo Kiat says:

    Snowden. Application for asylum. NSA spying. Got you. Caught you. Black mail. Gold transfer. Settled.

  2. Will Munny says:

    Why on earth would anyone give gold to criminals Goldman Sucks???

  3. Trex says:

    Its a shame Ecuador lent/gave our “Federal” “Reserve” this gold, because they are obviously passing this liquidity crisis on to the Fed which has enough problems. So now our poor Fed has a liquidity crisis, and thats just simply a shame. The amount of gold transferred is a drop in the bucket for the Fed, but they are obviously getting pretty desperate to even monkey with small transfers. However… I’m glad I now stand corrected as to the seriousness of a liquidity crisis, as my impression of gold has always been that its pretty liquid – even at room temperature!!!

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