May 24, 2013

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THE QUESTION THAT WON’T GO AWAY: GERMANY’S GOLD: AN UPDATE

As you know, I've been following the Bearer Bonds Scandals, and the German gold audit story, for some time on this website, and many of you are likewise doing so, and now sending me information. Well, this one comes from a reader of this website, and it came to me as I was scheduling this two weeks' worth of blogs. In a post a few days ago I pointed out how Zero Hedge, in an article on the German gold audit, suggested strong evidence that the Bank of England had been involved in a scheme to defraud the Bundesbank of its gold, by shipping subpar gold to the German central bank. Well, now it … [Read more...]

FLASH: ZERO HEDGE ON THOSE FAKE GOLD BARS

Zero Hedge is now reporting these details on those fake tungsten-filled gold bars sold int New York City: Gold Counterfeiting Goes Viral: 10 Tungsten-Filled Gold Bars Are Discovered In Manhattan I hope you caught the last two paragraphs: here they are once again: "Which was also to be expected. What is also to be expected is that as more and more stories of Tungsten making it into broader gold circulation, that retail sales of physical gold will certainly be impaired as end consumers become far more cautious about what they buy. "And while we await more information, especially from … [Read more...]

GOLD, LIBOR, ACCOUNTING FRAUD

I haven't commented much on the LIBOR banking scandal and what it might possibly portend(other than the by-now-usual bankster fraud, rigging, and creation of dubious "securities"). Yesterday I blogged about the apparently missing German gold, going all the way back to the Reichsbank administration of Dr. Hjalmar Schacht, and the strange pattern of Germans coming to inspect their gold at the NY Federal Reserve, only to be told it's missing and cannot be found (Dr. Schacht), or "you can't see it right now'(Philip Missfelder). But as the LIBOR scandal unravels, what we see increasingly exposed … [Read more...]

THE NEW YORK FEDERAL RESERVE, AND TWO GERMANS

We're all familiar with Congressman Ron Paul's frequent calls for a full audit of the US central bank, the Federal Reserve System. Well, here's one that may have flown beneath your radar set, and like so many stories of this sort, it has deep, and murky, and almost endless possibilities, and unfortunately, space here only permits me to go into a few of them. But first, the article itself. It's quite lengthy, but, as a close reading will soon disclose, quite important(and I've written about this before, but repeat the story here, with some new information): The Fed's Gold Is Being Audited... … [Read more...]

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