Thanks to Doug for the heads up on this info.

The first one has been confirmed by Jim Sinclair. He put out an alert today on what was earlier a rumor regarding a large number of British Federal agents descending upon a well known precious metals depository. But it doesn’t just stop there.

Jim’s alert said:

“Dear Friends,

You know that information that comes to me has been reliable. You also know that the entire purpose of all of working here at JSMineset has been to get you through this safely. You also know that if we had not been here hundreds of thousands of people now holding gold would not be.

So please pay attention to the following.

I have heard rumors for some time, but today it was confirmed to me, that the Canadian mint’s present problems are not unique and that other depositories (vaults) have had an army of auditors descend on them in the last two weeks. Some of these depositories have names so famous that it would scare (edit) you. The repercussions would be drastic if they turn out to be troubled.

Why take the risk?

I suggest to you now that you take delivery of all gold held in vaults and depositories on your behalf, but this time even from the most prestigious.

You can get delivery via armored car service to your bank and utilize safe depository, spread over a few banks. You can insure your safe depository if you do not mind making your holdings public.

I believe that this recommendation is warranted, but also it will be the financial savior of many.

Respectfully yours,
Jim”

This is very big news. There are those who have been suspicious for years regarding the central banks of the world sequestering official government gold holdings and leasing/selling them in the market to suppress the price. Last week, the Canadian Royal Mint came under scrutiny as an audit there uncovered “missing” gold. As the investigation grows, so does the amount of missing gold.

Now it appears as though other major gold depositories are about to get a very close examination. If, and it is still an if, they find similar problems at many of these institutions, you will see a mad rush of people demanding physical gold be delivered. This will overwhelm the markets and cause sever dislocations – again, if it is true. If you own gold in any depository, get it out now.

The second item of importance is another one of those headlines that may end up being like the little noticed story regarding a burglary at the Watergate Hotel.

2 Japanese Carrying $134 billion worth of bonds

The implications of this are potentially staggering. The bonds are worth $134 BILLION. U.S. treasury paper does not normally move like this. Either someone wants to get rid of them (i.e. the Japanese) through channels that will not spook the market or, they are counterfeit and this would be the largest such counterfeit in history. The latter seems extremely unlikely, so that leaves the former as a real possibility.

If Japan going to these lengths to rid themselves of U.S. debt, what are the Chinese doing? Are there other hundreds of billions in bonds moving across Chinese and Middle East national borders in order to dump them from sources that won’t draw attention? What is the quid-quo-pro? For the nations front running these bonds? What does that say about what the world really thinks about the dollar?

This news could be explosive in the days and weeks ahead. We probably won’t know the real truth, however because this is a foreign nation, we probably stand a better chance than if it were our own government (sad to say).

It certainly feels like something significant is underfoot again. I’ll keep watching and let you know what I find as these stories develop.