Here in the West, it is clear that tensions between the top 10-percenters and the “average” American are escalating as the rich get richer and the poor are increasingly overburdened with debt.
However, the real financial “war,” according to one GoldSeek.com contributor, lies between the East and West:
“This ‘war’ is one between the East and West where the West’s paper financial system which has been in control for so many years is seeing its power wane” said Bill Holter. “It is this ‘wane’ of the West versus the rise of the East that I believe is now, finally, coming to head.”
Holter points to several key factors that, to him, indicate that the COMEX could be cornered real soon – factors such as two rare outside reversal Fridays in a row for gold, high open interest levels amid low inventory, the repatriation of over 120 tons of gold from the Dutch last week, the beginning of the congressional investigation into gold/silver manipulation and other indicators that things could be coming to a head.
“The Chinese/Russians in my opinion may be on the verge of winning a war without ever firing a shot and playing the game by our own rules! Could crashing our financial markets be a way to put us on a financial leash and thus lessen our abilities at aggression? I am sure this thought process has already been discussed.”
See full story on goldseek.com