Hat Trick Letter – červenec 2009

Budou v USA vyhlášeny bankovní prázdniny? Will be bank holidays declared in US?

US BANK SYSTEM SHUTDOWN IS BEING PLANNED, WITH THE SOURCE BEING THE US STATE DEPT INFORMING ITS MANY EMBASSIES. EXPECT DISRUPTIONS DURING THE BANK HOLIDAY, POSSIBLE BANK HEISTS, FORCED MERGERS WITH BIG DEAD BANKS, FOLLOWED BY A SEVERE USDOLLAR DEVALUATION. THE TIMELINE IS FOR BANKS TO SHUT DOWN IS SEPTEMBER, JUST TWO MONTHS AWAY. EITHER THE SYSTEM IS IMPLODING FROM WITHIN, OUR EXTERNAL FORCES HAVE PULLED THE PLUG.

My best source of bank information confirmed the report of US bank shutdown plans by the USGovt. A confirmation came, saying “This report is 100% correct. It is much worse, and it will get a lot worse than most people can imagine in their wildest dreams. The arising opportunities and arising risks are limitless. Those who get it early enough (within the next 8 weeks) will prosper, and those who do not will fail, never to get a chance to recover. It will be a mega cleansing process. People who are privileged to read Jim Willie’s Hat Trick Letter will say ‚the guy had it all figured out and wrote about it in a polite and gentle way.’ Greetings from the epic center.”

During the shutdown, many regional and midsized banks would be forced by USGovt order, under the cloak of national security and emergency, to merge with big money center banks

Je Čína opravdu limitována množstvím vlastněných US bondů? Is China really limited by th enumber of US bonds owned?

CHINA HAS PROBABLY SHED MUCH OF ITS HUGE USTBOND HOLDINGS ALREADY, SPENDING THEM FOR HARD ASSETS, ALLOWING BEIJING LEADERS TO BADMOUTH THE USDOLLAR INCREASINGLY.

Reports are circulating that the Chinese might not hold anywhere near as much USTBonds and USAgency Mortgage Bonds as US political and banking leaders believe.

Zlato- Gold

My theory is that the Great Currency destruction will arrive in three stages. In stage #1 the USDollar will falter and the Euro will be the first beneficiary, since it serves as the primary global reserve alternative. The Commodity Currencies and Gold will surely benefit too. In stage #2, somewhere around 6 to 9 months later, the Euro will falter, but the US$ will not benefit. The Commodity Currencies (Canadian Dollar, Australian Dollar, even Brazilian Real) all will rise. Gold will be a big beneficiary again. In stage #3, perhaps two years from now, the Commodity Currencies will falter, as all hard assets will suffer except for Gold & Silver. All funds worldwide will chase real money, namely Gold & Silver, since the currency system will have been shattered.

On the gold front, numerous gold bullion bank audits have been ordered by the largest of account holders, the multi-billionaires. As is their right, they have ordered independent third-party auditors to prove existence of the account holdings. Many banks are simultaneously in trouble for bullion shortages, including Union Bank of Switzerland and HSBC. The principal parties involved in ordering these audits are the sovereigns in the Middle East, who have the US-UK bankers by the balls.

The conclusion in my best analysis, based upon conversations and absorption of the expert work of analysts is the following. The StreetTracks GLD Exchange Traded Fund is a vast fraud which someday is extremely likely to suffer a 25% to 50% penalty in share price to account for its fraudulent inclusion of gold paper certificates, wherein gold bullion is not held as is widely perceived. Later on, lawsuits are extremely likely to enter the equation, resulting in further price penalty, in order to cover legal fees and fraud lawsuit payouts. In the end, it is extremely likely that investors in GLD shares will be redeemed in forced redemptions vastly lower than the current gold spot price. The final price paid would be a combination of the lower paper gold price (differential from physical gold), and the sharply lower GLD share price after the penalty is built in. The commodity exchanges in the United States (New York & Chicago), in London, in Toyko Japan are all snakepits of fraud with their gold contracts. Their inventory claims are a fiction, with countless contradictions revealed in the past several years. Their Open Interest gold contract data is also an exercise in fiction designed to cover up the lack of physical gold in the commodity exchanges.

By the way, the Silver SLV Exchange Traded Fund has yet to receive any horrendous negative attention directed at fraud. That is extremely likely at some time, since just another grand fraud. Barclays of London manages the SLV fund, and they are a key player in the gold cartel also.

URGENT MESSAGE: STICK WITH PHYSICAL GOLD & SILVER, AFTER SELLING OUT THE EXCHANGE TRADED FUNDS THAT DEFRAUD INVESTORS. Doing so would add pressure on the physical gold market. Investments in the GLD fund are probably neutralized to a great extent, and put nearly zero upward pressure on price from the demand.

Červencové reporty mají dohromady cca 60 stran A4 hutného písma, sem tam graf.

Přišlo mi zbytečné kopírovat pasáže o CIT, jejich pozici apod., analýzách BIS ohledně budoucího vývoje, očekávaných odpisech např. Lloyds, analýze čísel nezaměstnanosti v USA včetně objemu odpracovaných hodin či využití průmyslových kapacit nebo růst objemu poskytovaných úvěrů v Číně apod. – tyto informace se lze dočíst i z jiných zdrojů.