IMF doc not for public use: “Holy Grail” Gold Evidence Panics Western Central Banks
“Here is what Powell had to say: “Eric, this is a report written to the executive board of the International Monetary Fund from March 1999 about the efforts of the IMF staff to improve accountability in world central bank accounting. The report explains how the IMF staff proposed to require central banks to distinguish their gold loans and gold swaps from their gold reserves so the world could see exactly how Western central bank gold reserves were disposed.”
“The report goes on to explain that when the central banks saw that accountability would be demanded of them for their gold loans and swaps, they panicked. The report says that the central banks surveyed by the IMF staff objected to this precise accounting of their gold reserves.”
“They said disclosure of gold loans and swaps would be what they called, “Highly market-sensitive” and disclosure would interfere with their secret interventions in the currency markets. This is an admission….”
“The central banks need secrecy for their gold records because it is necessary to their market-rigging power. Gold is power. Control of the gold market really is control of the world.”
“I don’t think Western Central banks or the United States wanted this information to leak out because it exposes the secret manipulation of the gold market which has long been denied. The bottom line is this has now become public even though the document says right at the top of the first page, “Document of International Monetary Fund and Not For Public Use.””
“The confidential IMF report confirms and elaborates on the Bank of England’s admission a year ago that the bank’s gold swap and leasing information is “market sensitive” and its disclosure “would allow enquirers to find out what gold transactions have been taking place.” Such knowledge of what the bank was doing in the gold market, a spokesman for the bank said, would harm the interests of both the British government and the bank’s “private customers,” to whom the bank “owes a duty of confidentiality”:”
The non-Federal non-Reserve claims it is transparent except for keeping secret the disposition of the gold in their custody.
If the public are not to know how much of the 8,000 tons of USA’s gold has been converted into gold receivables, is it because an alarming amount of it has indeed been converted into gold receivables ?
And what do you suppose will then happen to the value of the non-Federal non-Reserve note and other American debt instruments ?
The national security argument of why we cannot have a free market is fascistic.
(Audio) GATA’s Chris Powell – “Holy Grail” Gold Evidence Panics Western Central Banks
12.12.12 – The Day Our Currency Died: Andy Hoffman
Santelli On False Dictatorships And Fed Exit Strategies
“In a little under three minutes, CNBC’s Rick Santelli clarifies (in a much-needed manner) that we do not live in a monarchy or dictatorship (hoping for benevolence) – no matter how many Democratic senators and congressmen believe the President was given a mandate leaving him “holding all the cards” – we live in a republic (where the sovereignty rests with all individuals) and removing ‘debt ceiling’ checks and balances (for example) is a ride down a slippery slope. The chagrined Chicagoan then goes on to discuss the fact that the Fed, having unloaded another package of potentially infinite unsterilized money-printing, was actively discussing its exit strategy. Put simply, Santelli notes, “mark my words” the market will decide that exit – and the Fed had better be ready when it comes.”
Dick Rick Santelli call the chairman of the non-Federal non-Reserve a dictator and that the market will hoist the chairman by his own petard when the market decides it is the time to exit ?
Keiser Report: Too Big To Jail – $60T suspected laundering
$60 trillion of transactions at HSBC looked suspicious of facilitating the laundering of money from drug cartels.
HSBC did break the law and there would otherwise be criminal charges if we had a competitive marketplace and competent regulators that would have not allowed HSBC to become too big to jail.
Ben Bernanke Throws the Dollar Over the Currency Cliff
Largest Capital In The World Now Entering Gold & Silver Space
“Rule had this to say about this extraordinary development: “The things that support the thesis, particularly with regards to the gold equities, has been the approaches Sprott (Asset Management) has gotten from the very largest sovereign wealth funds in the world, and the very largest suppliers of private capital in the world.””
Gold-Confiscation Coming To India?
“Meanwhile the “peasants” in India (as well as many/most urban residents) do not engage in similar, suicidal behavior. They park their wealth in gold (and silver) bullion – immune to the print-and-dilute theft inherent in every fiat-currency system. It is one of the key reasons why Asian standards of living are rising, while those of the West plummet downward at the fastest rate in history.”
“In my own naivete, I had assumed that our predatory Western governments would target their own people for bullion confiscation, and look to steal the modest amount of savings of the shrewd minority in our societies who do hold precious metals. But apparently the bankers and Oligarchs have their sights set on a bigger prize: the largest private holdings of bullion in the world, in India.”
“So here we see the modest goal of the Western Oligarchs: harvesting (i.e. confiscating) “at least 10 percent” of Indians’ gold, and to apparently repeat this harvest every three years – since the propagandists putting forth this trial-balloon claim that a 10% harvest would only deal with the supposed “problem” faced by India for three years.”
“We see further evidence that the entity spewing this banker propaganda is nothing but a Western mouthpiece, as any genuine “Indian” entity would understand that proposing to plunder the gold from India’s religious temples would be an absolute “non-starter” for its ¾ billion population.”
Broken Market Chronicles Part X+1: This Morning’s Multi-Symbolic Flash Crash
“there were numerous algo-inspired flash-crashes this morning right before the open… HPQ (traded down to $3 from $14 in about 100ms), S (from $5.50 to $2.75 in 150ms), GS (from $117 to $94 in 45ms) and C (from $36.00 to $20.00 in 90ms)”
If there are any human traders in this market, they are insane.
Top Deutsche Bank Executives Caught Up in Tax Evasion Inquiry
“FRANKFURT — After a raid at Deutsche Bank’s headquarters, the company disclosed Wednesday that two of its highest-ranking executives were a focus of a tax evasion investigation, dealing a fresh blow to the German institution’s already battered reputation.”
“German authorities are looking into whether bank employees conspired to avoid sales tax on the trading of carbon emission certificates. As part of that inquiry, prosecutors are trying to determine whether Jürgen Fitschen, the co-chief executive, and Stefan Krause, the chief financial officer, played a role in signing certain tax forms.”
“On Wednesday, about 500 police officers searched Deutsche Bank offices in Frankfurt, Düsseldorf and Berlin, as well as private homes. The police arrested five people, who were not identified. Those arrested did not include Mr. Fitschen or Mr. Krause.”
Taxes for the ordinary chumps like me but not for the likes of these guys – do I not like that.
Scotland Yard investigating allegations senior politicians abused children in the 1980s and used ‘connections’ to escape justice
“I’ve Always Regarded The CIA As A Criminal Organization” Oliver Stone
President resigns after riots leave 22 dead in Argentina
“Any devaluation of the peso could mean instant bankruptcy for thousands of Argentines, along with many of the country’s largest businesses. More than 80 per cent of contracts and debts are denominated in the dollar.”
Removing The Shackles: Recent Arrests And Resignations Around the World
“President resigns after riots leave 22 dead in Argentina”
“Italian police arrest ex-Finmeccanica exec, investigate former minister for alleged corruption”
“Former premier of Turks and Caicos accused of corruption arrested in Brazil”
Isn’t Turks and Caicos one of the tax havens ?
“Former Croatian prime minister Ivo Sanader arrested”
“Cayman Islands premier McKeeva Bush arrested”
I know that the Cayman Islands sure is a tax haven.
“Former President George H.W. Bush in hospital for third week”
I wish Bush was under arrest.
“Cheikh Modibo Diarra, Mali Prime Minister, Resigns After Being Arrested By Junta”
I wonder if Mali won’t now be added to the American Empire.
“Indonesian minister resigns over corruption allegations”
“Polish economy minister, deputy premier resigns”
The Gold Market: Seen Through a Glass Darkly
“The credit trap is at the core of the bankers’ ponzi-scheme of credit and debt; and although today’s markets are awash with liquidity, bankers are increasingly loathed to lend and customers are increasingly reluctant to borrow.”
“2013: GOLD WAITS FOR THE END OF THE BANKERS’ CONFIDENCE GAME”
“Speculation abounds as to the trigger event that will set off gold’s vertical ascent. It could be the collapse of the global derivatives market or a credit event such as Credit-Anstalt’s collapse in 1931, the Austrian bank owned by the Rothschilds or perhaps Japan’s inevitable descent into the deflationary conflagration it has resisted since 1990.”
“It could be any number of events or causes. It could be triggered by a black swan event, a geopolitical crisis or a natural disaster on the level of the earthquake that struck off the coast of Japan in March 2011. Whatever the trigger, in the end the banker’s 300 hundred year-old con game will collapse from a simple lack of confidence.”
All Of My Bags Were Searched & They Were Looking For Money
“Countries like Germany and others are now getting worried that they won’t get their gold back. Years ago when Drexel Burnham Lambert went under, they had borrowed 17 tons of Portuguese gold. When Drexel failed, the Portuguese never saw their gold again because their claim just evaporated.”
“Because of what happened to Portugal in the Drexel failure, and all of the turmoil in global financial markets, countries are starting to demand their gold back from the Fed and also from England. With governments like Germany beginning to look to take their gold out of the ‘rental pool,’ the amount of gold available to be leased out is rapidly shrinking.”
SOLA 5.28 Global Economic Slavery
3m45s “Triffin’s Dilemma- Economist Robert Triffin in 1960 saw the main problem with the dollar’s reserve status.”
“- In order to stimulate the world conoy America must run persistent large deficits. (Creation of debt based money out of thin air.)”
“- The dilemma was that eventually you would go broke and that would lead to a collapse.”
First Hong Kong, Now Aussie Central Bank Gets Ugly Case Of Truthiness
“It seems the AsiaPac central bankers did not get the ‘shut up and print’ memo as today during another speech, an Australian central banker followed Hong Kong’s lead and pronounced quantitative easing as potentially harmful and the volatility-dampening effects of excess monetary policy as “ultimately inimical to financial stability and hence macroeconomic stability.””
Some of the debt slaves are getting restless.
Why Silver Could Be the Best Investment in 2013
The Price Of Gold Is Headed Much Higher – Here’s Why
“The Basel III Accord (BA3) is scheduled to be implemented starting in January 2013. As part of this agreement, gold will be elevated to a tier 1 bank reserve asset. Because of this, gold will be de facto reasserted into the global financial system as a currency.”
Someone who holds physical gold will not have any reason to sell it.
526,421 family farms threatened by new death tax
“”Those family farms are just getting in the way of our plans for world food domination more efficient production of really tasty products.” — Monster-anto”
Perhaps a few of these guys will want to pass on before the new year so they can pass on more of their estate.
Fed Losing Its Grip on Expectations
“Most of it is going unused anyway, other than by banks for the purpose of “buying” – you got it! – Treasury paper.”
Such a thing is not providing any productive benefit to the economy.
If One Has Wealth To Preserve, The Time For Action Is Now
The Tobacco Conspiracy: ‘Nicotine is addictive. We are in the business of selling an addictive drug’
The Secret History of the War on Cancer
“At long last, a devastating and truly noteworthy book on this topic has been published. It’s called The Secret History of the War on Cancer, written by Devra Davis, PhD, MPH.”
“Since then, the cancer establishment has retreated from the truth faster than Canada’s commitment to a greener country. What began as sincere investigation into the economic root causes of a complex set of 200 different diseases quickly degenerated into a single-minded focus on treatments after the Second World War, argues Devra Davis, one of North America’s sharpest epidemiologists (her previous book, When Smoke Ran Like Water: Tales of Environmental Deception and the Battle Against Pollution, was a finalist for the National Book Award).”
“In the process, industry and its propaganda hit men have used every opportunity to discredit, dismiss or disparage information on cancer hazards in the workplace or at home. So let me warn comfortable readers here and now. This courageous and altogether horrible book is about as unsettling as it can get. It painstakingly documents such a persistently foul pattern of deceit and denial that I often wanted to throw it against a wall and scream.”
“Furthermore, Davis’s hair-raising investigation – in what is easily the most important science book of the year – will rob you of any lingering, Disney-like fantasies you might have entertained about the nobility of cancer fundraising campaigns. And if you have lost a relative or friend to a malignant tumour (odds are you have), Davis will make you weep again, knowing that fraud and outright criminal neglect have turned a 40-year-long medical war into a questionable $70-billion charade.”
The criminal abuses are legion.
“Davis knows that changing medical perspectives and priorities, from treatment to prevention, will be an enormous task. But she does not despair. In fact she ends her book with a simple Talmudic story. Faced with a complicated assignment, a group of workers rhyme off the usual excuses: They haven’t got the tools or they haven’t got the energy. But a good rabbi (sounding much like Gandalf in The Lord of the Rings) sets them straight: “It is not for you to complete the task,” he says. “But you must begin.””
Syrian rebels set to execute Ukrainian journalist
“NGOs are urging Syrian rebels to release a Ukrainian journalist, Anhar Kochneva, who is set to be executed Thursday. Meanwhile the group behind the kidnapping warned it would now target all Russians, Ukrainians and Iranians on Syrian soil.”
Does anyone need any more indications that the 95% non-Syrian Syria rebels are criminals against humanity ?
Road Map Drawn Up by Syrian Traitors to Serve Imperialists, Gulf Monarchies
US-Backed Syrian Opposition Demands Support for Al Qaeda
“As part of the US’ charade in declaring support and recognition of the so-called “Syrian” opposition, it added one of the more extreme groups that make up the militant front operating inside Syria to a list of sanctioned terrorist organizations. The idea was to have a scapegoat to pin atrocities on while the West armed, funded, and provided military support for the rest of the extremist groups ravaging Syria.”
“The ploy quickly fell apart however, when the US’ own handpicked opposition leader, Moaz al-Khatib spoke out in protest.”
American Leaders Too conflicted to Run Our Country – Clean House and Start Over
“The pathetic useless cowards we call our leaders in office today are not only weak, corrupt, lazy and waiting for their next over stuffed envelope, but also have spit in the face of the United States Constitution. Just a piece of paper, that little ignoramus George Bush Jr. called it. I will tell you what George Bush Jr., you’re going to answer some day for that. I resent you calling our Constitution just a “Piece of Paper”. Your presidency was one of the worst on record. Your idiotic confused and worthless leadership has put our country in dire straits. Hopefully, you and your worthless side kick, Dick Cheney will rot in the journals of Fox News hell when this mess is all over.”
Protests as Israeli Troops Kill Palestinian Boy Over Toy Gun
“Major protests broke out in the West Bank city of Hebron today after Israeli troops killed a Palestinian boy who the Israeli police say “attacked” them with what turned out to be a toy gun.”
“Anger grew when it was revealed that Israeli soldiers refused to let the ambulance take the boy for treatment and he died of his wounds.”
Do you want see my WHITE HOT anger ?
“The soldier who killed the boy defended the move, insisting it was her “mission” to do so and insisting only that she’s no hero, and just a well-trained soldier. Her commander praised her “professionalism” in killing the child.”
Leunig defends his cartoon “First they came for the Palestinians”
Chinese General Threatens “Third World War” To Protect Iran
“According to NDTV, a Chinese news station based outside the country, in regard to recent speculation that Iran would be the target of a US-Israeli military assault, Major General Zhang Zhaozhong commented that, “China will not hesitate to protect Iran even with a third world war,” remarks described as “puzzling to some”.”
Republican State Senator Thinks “Nullifiers” Should Be Hanged and Shot?
So this guy would have hung Jefferson and Madison for trying to nullify the Alien And Sedition Act of 1798 ?
America is in real, real, real trouble with clowns like this being a state senator.
Psychiatry goes insane: Every human emotion now classified as a mental disorder in new psychiatric manual DSM-5
“The industry of modern psychiatry has officially gone insane. Virtually every emotion experienced by a human being — sadness, grief, anxiety, frustration, impatience, excitement — is now being classified as a “mental disorder” demanding chemical treatment (with prescription medications, of course).”
The lunatics are in charge of the lunatic asylum.
An NYU Grad Student is Tweeting every Drone Strike by the US Since 2002 after Apple Rejected his iPhone App
WATCH: Cop Fired After Illegal Search Video Goes Viral
5m “I am talking, I’m in charge here.”
The hell you’re bloody in charge, the law is in charge, DAMN IT.
How to handle Search Warrant-less Police at your door
“always have respect for officers of the law that aren’t powertripping or corrupt.”
Officers of the law are NOT above the law, when they try to do a warrantless search in my presence I will be telling them that they must stop breaking the law.
Sadly, Another Gun-Free Zone “Success” Story
More Than 30 Top U.S. Officials Guilty of War Crimes, Boyle Says
“More than 30 top U.S. officials, including presidents G.W. Bush and Obama, are guilty of war crimes or crimes against peace and humanity “legally akin to those perpetrated by the former Nazi regime in Germany,” the distinguished American international law authority Francis Boyle charges.”
Rolling Stones Expose Banksters, Endless Wars and the NWO
““This is not about the war. It’s about how you build up some shaky dictator. You can’t build them up, ’cause then you’ve got to slam them down,” guitarist Keith Richards reportedly said at the time of the “Highwire” release.
Then in 2005, they released “Sweet Neocon,” which was highly critical of the Bush administration, no doubt a lyricial jab at the Patriot Act.
One line from “Sweet Neocon” goes, “It’s liberty for all, democracy’s our style/Unless you are against us, then it’s prison without trial.”
Needless to say the song never made a Big Bang on Clear Channel.
And now with the release of “Doom and Gloom,” it looks like the Stones have thrown themselves back into the political spotlight.
“Lost all that treasure in an overseas war, It just goes to show you don’t get what you paid for,” lyricist Mick Jagger sings in heavy protest of seemingly endless wars.
One of the recurring themes of the music video is a group of victims who are holding up question marks, as if to say, “Question everything.” When you see a build up to war, question where it came from. When the economy collapses, question the origins of the disaster.”
Federalist Papers in Modern English
3m10s “They expected every single citizen of the united states to be armed so just in case the government ignored the Constitution.”
There’s that ‘security of a free state’ from the keep arms 2nd amendment.
Journalist sues LAPD over police brutality during OWS
Unlawful assembly is an oxymoron, declared or not.
CIA-Sponsored Trolls Monitor Internet & Interact With Users to Discredit Factual Information
Cassini Spots Mini Nile River on Saturn Moon
“Scientists deduce that the river, which is in Titan’s north polar region, is filled with liquid hydrocarbons filled with liquid hydrocarbons”
So when are we going to ‘liberate’ the residents of Titan from their supposed despotic ruler and from their valuable resources ?
Attorneys Above the Law [Paperback]