Important! Starting Monday, June 13, 2011, the Paul Drockton Radio Program will Start at 2 PM Pacific, 3 Mountain, 4 Central, 5 Eastern and run for two full hours on Renseradio.com (Click on the Windows Media Player to listen)
The ratio of gold to silver is consistently 1:15. That is, 1 ounce of gold exists for every 15 ounces of silver. This can be verified by examining the registered ounces of both metals, currently sitting in the COMEX Depository Vaults. Right now, there are 1.7 million ounces of registered gold in the COMEX Depositories. This compares to about 29 million registered ounces of silver.
That's about a 1:15 ratio my friends. The same thing holds true with prices of both gold and silver. With gold trading at 1843.00 per ounce, silver should be trading at $122.80 per ounce on the COMEX Futures Market. Instead, silver is at about $42.00 per ounce.
That means silver should triple in value if gold stays right where it is at today, which it won't. It will probably go higher. Which means that silver prices should also rise exponentially. The difference between the two, is that gold has been confiscated during the past Great Depression. In fact, the gold confiscation act lasted from 1933 up until 1972. The so-called gold standard was used as an excuse to take people's gold in exchange for declining dollars.
Now we have an even more severe financial crisis on our hands. The IMF will undoubtedly bail out the United States and Western Europe with new loans. The IMF collects its debts in gold. It also dictates the terms for the collection of those debts before it lets a country borrow money. These terms are called "austerity measures".
The International monetary fund is not a government entity. Like the Federal Reserve, it is owned by the Rothschilds and the Rockefellers through the various central banks they have established in almost every country in the world. They took the gold that was safely stored under the World Trade Center. Some believe they also took the gold stored in Fort Knox. I have documented that the new gold confiscation act has already been written.
I expect it to be enacted in the very near future. When it is, gold will plummet in price because the price will be dictated by the International Monetary Fund as a condition for borrowing money from them.
Venezuela is now demanding a return of its gold from the Rothschild owned and controlled Bank of England. Like almost every other country in the world, Venezuela is controlled through its Central Bank by the Illuminati money powers, otherwise known as the Rothschilds and Rockefellers. This is critical to our understanding of the gold transfer now taking place.
"The Venezuelan president, Hugo Chávez, today (1 May, 2007) severed ties with the World Bank and the International Monetary Fund.
In doing so he distanced Caracas further from what he described as Washington-dominated institutions.
The populist leader, who took office pledging to pursue radical political reform and an economic "third way", said yesterday that Venezuela no longer needed institutions "dominated by US imperialism".
Speaking at a May Day event, Mr Chávez said: "We don't need to be going up to Washington ... We are going to get out. I want to formalise our exit from the World Bank and the International Monetary Fund."
Venezuela has been loosening its ties to the IMF and the World Bank since Mr Chávez took office in 1999. Venezuela recently repaid its debts to the World Bank five years ahead of schedule. In doing so it saved $8m (£3.99m) and cleared all its debts to the IMF shortly after Mr Chávez was elected." (Source)
Leaving the IMF is meaningless when a country remains under the control of a Rothschild/Rockefeller owned Central Bank. Venezuela is a big oil exporter. It paid off its debts to the IMF by selling its oil to the United States, which, by the way, has more than enough domestic oil to be completely independent from imports.
"Today, Venezuela is the fifth largest oil exporting country in the world with the second-largest reserves of heavy crude oil (after Canada). Canada and Venezuela have significant potential for capacity expansion; Venezuela could potentially increase production capacity by 2.4 MMbbl/d from 2001 level to 5.6 MMbpd by 2025 - although this would require significant amounts of capital investment by national oil company PDVSA. By 2010, Venezuelan production had in fact declined to ~2.25 MMbbl/d. PDVSA have not demonstrated any capability to bring new oil fields onstream since nationalizing heavy oil projects in the Orinoco heavy oil belt formerly operated by international oil companies ExxonMobil, ConocoPhillips, Chevron and Total.
In 2005, PDVSA opened its first office in China, and announced plans to nearly triple its fleet of oil tankers in that region. Chávez has long stated that he would like to sell more Venezuelan oil to China so his country can become more independent of the United States. The United States currently accounts for 65 percent of Venezuela's exports.
In 2007, Chavez also struck a deal with Brazilian oil company Petrobras to build an oil refinery in northeastern Brazil where crude oil will be sent from both Brazil and Argentina. A similar deal was struck with Ecuador where Venezuela agreed to refine 100,000 barrels of crude oil from Ecuador at discount prices. Cuba has agreed to let thousands of Venezuelans be received for medical treatment and health programs, and in turn, Venezuela agreed to sell several thousands of barrels to Cuba at a 40% discount
As of March 2010, PDVSA’s current strategic plan forecasts 5 million barrels per day for 2015 and 6.5 million barrels per day for 2020 PDVSA’s goal to produce 6.5 million barrels per day by 2020 will likely be harder under Chavez’s policies, which hinder the potential increase of private investment. (Source)
If the United States wanted to, it could crush Chavez by refusing his oil, after all, we import 65% of it into the United States. The United States, however, does not operate in its best interests. Instead, we take our orders from the Rothschilds and Rockefellers, which also own the oil and gasoline industries.
With these links exposed, the gold transfer from England to Venezuala begins to make even more sense. This transfer is not taking any gold out of circulation, it is merely a transfer from one gold vault to the other. It should have no effect on the COMEX or Spot Price. However, it can easily be used as another excuse for the confiscation of gold from the private citizens of Europe and the Americas.
This time, by the banksters complaining about a shortage of gold contributing to a further destabilization of the world currencies. This will be followed by another demand to place us all back on the worthless gold standard. We need to remember that they prefer that we die from a thousand apparently unrelated cuts, so that we stay asleep until we can no longer wake up.
Silver is the answer my friends. When gold was outlawed, they were still minting silver coins. Remember that.