THE U.S. EMPIRE INVESTMENT STRATEGY: Export All Of It’s Gold… The Barbarous Relic

As the world races towards another financial calamity, the U.S. Empire’s strategy to shield itself from this impending disaster, is to export all of its gold supply.  That’s correct.  The U.S. Gold Market can be explained in three simple words… ZERO SUM GAME.

This is quite a different strategy from the once great super power which held over 20,000 metric tons (mt) of official gold reserves in 1950.  While the official figures now show the U.S. presently holds 8,133  mt of gold in reserve, anyone with an IQ greater than a “10”, realizes this is just an accounting gimmick.  Unfortunately, most of that gold was probably dumped on the market (or leased) to help cap and rig the paper price lower.

According to the recently released USGS data, the U.S. exported every single ounce of its gold supply in April.  Let’s take a look at the chart below:

U.S.-Gold-Market-Jan-Apr-2015

U.S. gold production declined in April to 15 mt compared to 16.5 mt last year.  Total U.S. gold production year to date is down a whopping 8%.  When we add U.S. mine supply to imports for April, total U.S. gold supply for the month was 42 mt.  Now, if we look at the total export figure, we can see the United States exported its entire gold supply.  Thus, the net result was a BIG PHAT ZERO.

Again, a ZERO SUM GAME.

And, if you have been reading my articles in the past, it’s even worse than that.  If we look at the total U.S. Gold Market supply and demand equation for the first four months of the year, this is the result:

U.S. Gold Market Jan-Apr 2015

Here we can see the U.S. domestic gold mine supply of 63 mt and total imports of 88 mt equaling 151 mt was less than total exports of 165 mt.  Which means, the U.S. Gold Market had to cough up an addition 14 mt to satisfy demand (Jan-Apr).  I did not include gold scrap supply or domestic consumption figures as these basically cancel each other out (actually Americans consume more gold than gold recycle scrap supply).

Now, why would the U.S. continue to export all of its gold supply?  Well, we can certainly thank the folks on the financial networks, such as CNBC, for brainwashing Americans into believing gold is a “Barbarous Relic.”

As I stated before, you’ll never hear financial network hosts claiming that “Bread” or “Brooms” are barbarous relics.  I imagine if you go to any large supermarket or home-improvement outlet you are going to find an entire shelf of bread and brooms.  The Romans consumed a lot of bread and used lots of brooms, but these aren’t considered barbarous relics today.

To tell you the truth, I can’t stomach watching CNBC anymore.  Some say it’s now just for entertainment.  However, I think its worse than that.  CNBC has been instrumental in totally destroying the ability for (most) Americans to understand the present economic and financial situation.  So, when the next financial crisis finally arrives (worse than 2008), CNBC viewers will be more shocked and unprepared than ever.

Now, where did the U.S. export all of its barbarous relic (Jan-Apr)?  According to the data, Switzerland received the most at 62.6 mt, followed by Hong Kong (39.6 mt), the U.K. (24.7 mt), India (19.2 mt), U.A.E. (8.7 mt), Thailand (3.9 mt) and Singapore (2.4 mt).  The top four countries accounted for 88% of the total.

U.S. Gold Exports JAN-APR 2015

If we consider that most of the U.S. gold being shipped to Switzerland and the United Kingdom is being refined and exported to the East, then India and Asia are ultimately the largest importers of the U.S. gold supply.  Which means, it’s nice to know that Americans are giving up their gold so Asians and Indians are better protected when the (next, even worse) financial crisis arrives.  Who says Americans aren’t giving??

I will be putting out an article about the present Wholesale Silver Shortage situation in the next few days.  There seems to be a great deal of misunderstanding of what this really means for the market.  Please look out for this article which should be posted Wednesday or Thursday.

Lastly, if you haven’t checked out THE SILVER CHART REPORT, there’s a great deal of information on the Silver Industry & Market not found in any single publication on the internet.  There is one chart in this report (Chart #19) that I can guarantee that 99.9% of precious metal investors haven’t seen before.

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13 Comments on "THE U.S. EMPIRE INVESTMENT STRATEGY: Export All Of It’s Gold… The Barbarous Relic"

  1. Some of the best info. Becoming prolific, and site remains free.
    Thank you Steve.

  2. yeah…appreciate u steve…

  3. The US doesn’t export oil. The price goes down. The US exports all its gold. The price goes down
    The US exports its DIGIFIAT DEBT BOONDOGGLE and WTF, the world goes down

  4. Re. ” CNBC has been instrumental in totally destroying the ability for (most) Americans to understand the present economic and financial situation. ”
    You are too kind. There are many other sources of data available to the American public but they have chosen bovine incuriosity, double cheeseburgers, the Kardashians, electronic gimmicks, tattoos, body piercings, instant gratification – and denial. And, the stats indicate pretty clearly that Americans are less and less intellectually prepared to handle ANY challenging thought.
    As you regularly, if often obliquely, write – the results of this lifestyle are coming home to roost and I have no pity for CNBC nor the sheeple who have chosen to jam themselves into the doorway marked “Mutton”.

  5. The US is against any monetary reform and is resisting. It refuses to carry the risk and certain loss when the US dollar finally depreciates.
    The transfer of gold to China may well be the mechanism by which the US does take on full responsibility of worldwide dollar depreciation when it occurs. Since most “dollars” are held in one form or another overseas. External dollars versus internal dollars.
    In this way, global monetary reform is being forced upon other countries to implement. External demand for dollars is what allows and accounts for American deficit spending, therefore supporting a fiat house of cards.
    The external holders of “dollars” will not want to bring the “house” down and devalue their holdings to any great extent. However, the monetary reform will encompass a devaluation. This will spell the end of the US dollars status as the ‘only’ reserve currency. And also the end of the “borrowed” American standard of living.

  6. United miStakes of America. Officially “programed for self destruction”

  7. Debt, deflation, depopulation, depression…these are the depressing realities we now face.

    The below link shows why federal, central bank, and financial leadership must all be removed from their roles of misguiding nations and the globe. The linked article shows why their attempt to bridge declining consumption with perpetually greater debt is simply impossible to succeed…please see the massively declining young populations (0-14yr/old…some up to 40% below peak levels!!!) among advanced and even BRICS nations only being offset by unrepayable debt.

    http://econimica.blogspot.com/2015/08/young-vs-debtthe-young-never-had-chance.html

    PM’s are one of the best stores of wealth against the waves of printing which have come and the avalanche of debt soon to swamp the globe.

  8. Only when COMEX trade is suspended we know that the collapse is imminent. It will be presented as a not very important event, but for those in the know it will be the confirmation of their predictions.

    • I think you are right. At some point COMEX trading in PM’s will be “suspended”, with all contracts settled in digital currency, which will leave MSM financial talking heads room to minimize what that will mean. They will believe it will resume just like they are expecting the Fed Reserve to raise interest rates.

  9. “If we consider that most of the U.S. gold being shipped to Switzerland and the United Kingdom is being refined and exported to the East”

    The UK has no refineries and it would not make any sense to send it to the UK and then to Swiss, so the metal to the UK is just being stored in London. The Swizz also have vaults, so some of that flow may be relocations for storage. Maybe people just want to get their gold out of the US and store it elsewhere?

    • The Germans are buying gold abroad to avoid registration and confiscation. Nevertheless even the most experienced big investors currently hold only about 20% of their assets in gold which means that the reversal of the market is not imminent.

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