My friend Mr P.T. sent me this as I was scheduling these few weeks' worth of blogs, and I just had to share it, because in its own way, it's shining a light once again on all those stories of fake gold-backed U.S. Federal Reserve bearer bonds that seem to keep being seized:

Don Coxe - Emergency Fed Meeting & Gold Backed Bonds

Now, as I read that, I thought, "where have we heard this before? And what might it all mean?" Well, obviously, from the title of this little musing, we've heard of this before in connection with all those allegedly fake gold-backed US Federal Reserve Bearer Bonds that seem to keep popping up, first with the Japanese Bearer Bond scandal in Italy, then in Spain, then back to Italy.  I've been arguing the speculative hypothesis that this whole phenomenon may represent an actual hidden tier of system of finance. After all, one doesn't counterfeit four dollar bills, one only counterfeits something that actually exists.

Now we're being told a new system of finance might be in the works with, guess what, gold-backed bonds. Indeed, I blogged previously about this subject, with Germany wanting to issue such bonds against the surrender of various nations' gold reserves and their national treasures (who said the elites aren't trying to gobble up antiquities? Shades of the Nazi Ahnenerbedienst, on a much larger scale?).

Now, there was always a problem with the whole bearer-bond scandal that bothered me, and it's a problem that has also bothered some of you, namely, the Federal Reserve, at least officially, doesn't issue bonds, the U.S. Treasury does, and the Fed buys them. So who's buying these alleged bonds, and with what? Well, the answer to the last question is obvious enough: with gold.

But there isn't enough gold to back all those bonds... and one suspects, not enough gold to float all that European debt either, unless (1) there's a heck-of-a lot more gold in existence than we've been told, or (2) someone is making gold in vast amounts (see alchemy here!), or (3) a bit of both.

So we go back to the fundamental statement in this intriguing article:

"This European gold bond is huge news.  When asked if this was bringing gold back into the financial system, Coxe responded, “Yes, exactly.  I did conference calls with people in our organization about this.  I said, ‘Something like this could be unfolding because this crisis is developing so fast.’”

"When asked if this event would begin to trigger a significant revaluation for gold, Coxe replied, “At this point, how they would do it, and whether there would be any revaluation, what it would be is security for issuing specific bonds.  But, of course, once you do that, what you do is you break the virginity of the system.

"Then you have to start looking at revaluations, you’re right.  All of that will come.  My own take is that I think there is a very good chance of this ... that within the next three months we will find that something like this has been done for some of the countries in the eurozone.

"'That means that gold will have been moving back into the (financial) system.'”

Really now... how much gold? Whose gold? Once we get back to those two questions, we're right back square in the middle of all that Operation Golden Lily gold seized by Japan, and all the shady postwar dealings associated with it... and all the covert slush funds that were set up in conjunction with it...

...and once we admit that possibility, then we're looking at a potentially volatile financial situation, one that the goldbugs would have us believe is as stable as the metal and the quantities of that metal in existence.... and that's the problem.

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. Poshboy on June 26, 2012 at 2:54 pm

    And if the figures in “Gold Warriors” is correct, Marcos recovered 280K tons of gold from the Golden Lily vaults (with current world gold reserves stated only in the amount of 32K tons), than that sweet $1,700/oz. today might just really be only worth…about $170/oz.

    Thankfully, there are oil-based petrodollars to take up the slack. Wait a sec…

  2. Johnycomelately on June 15, 2012 at 12:14 pm

    I’ve always wondered why Major Jordan Racey sent the Soviets US gold mining equipment in the lend lease program thereby reducing the Us mining capacity.

  3. SDRII on June 15, 2012 at 9:33 am

    The amount of gold in circulation is totally irrelevant to the discussion of backing – rather it is the fiat exchange rate.

    The broader issue is the derivatives markets and the various tributaries that have been embedded to siphon off physical flow – think ETFs, BIS etc.

    Gold is about protecting the US derivatives market. Full stop.

  4. Robert Barricklow on June 14, 2012 at 8:17 pm

    It has been looking this way for sometime. Still, the end game is a one world currency. That they are in control of the gold I have no doubt. like a chess game being played out, the masters have been here many times with all the right moves(only lieing in wait to be played out). There AREN’T any counter moves EXCEPT to remove gold from probem-solution to out of the frame completely.
    And yes, the ace may well be an alchemy solution is …a fait accompli.

    • Jedi on June 15, 2012 at 5:49 am

      the fools play chess, the programmers play go.

      • Robert Barricklow on June 15, 2012 at 10:14 am

        GO is the game Jedi!
        It’s all about possibilities, shades of grey, manueverings, the big what-ifs.

  5. HAL838 on June 14, 2012 at 1:47 pm

    “Money” was never a good idea.

  6. Jay on June 14, 2012 at 1:05 pm

    Didn’t L Ron Hubbard’s “Battle Field Earth” talk about the Earth owing some Galactic dept? Perhaps the central bankers of Earth just borrow more galactic credits to up the amount of earth bound currency in circulation–so we can fight more unnecessary wars, and poison/heat the planet more and run up even greater galactic debt.

    Real alchemy and usable over unity tech would seem to be a threat to this purported system.

  7. JAson on June 14, 2012 at 9:57 am

    I think it might be suitable to remember the Hegelian Dialectic at this moment;
    Create the Problem
    Wait for the Reaction
    Present the desired Solution

    While this seems pretty simple when applied to the financial system Problem at the moment, and we see signs of a Reaction (think Greece), what we’re musing over today are the fuzzy edges of a shadowy Solution. But ONLY for the financial system.

    What concerns me is that this life-changing-change cannot simply happen on a Predatory Globalist scale within such a narrow application of the H.D. (my opinion). But rather, it must be part n’ parcel in a pseudo-plea-proposal set of reforms that stem from a much larger and much more global Problem (yet to happen).

    I’m not a doom and gloomer but I fail to see how such a change could come about without the preemption of a global physical catastrophe that practically necessitates it. Man made global climate cooling change that warms our hearts too much isn’t going to do it and Fukushima did not bring a tsunami to every shore on the planet…

    Therefore the shadowy financial Solution will remain just that until the psychopaths are ready.

  8. Rebbe Menachem Schneerson on June 14, 2012 at 8:21 am

    Promises of a new gold backed currency. How convenient Ron Paul seems to be now. The Pied Piper of the gold standard. His mission is done. Now he will enjoy his twilight years in the Romney Cabinet heralded by all as a wise elder statesman. In Israel they will plant a tree for him in his honor for his hard work on behalf of the Babylon banksters.

  9. Jedi on June 14, 2012 at 6:24 am

    Italys 2 and a half thousand tons of gold, and Germany wants it…….”the redemption fund”. and the “euro LIGHT bond” backed by 20 percent, but if they miss a payment the gold is forfeited.

    Cow boys vs A liens……here we go worshiping the “golden Bull” .

  10. raymond borowiak n8zu on June 14, 2012 at 5:39 am

    It’s obvious somebody discovered the philosophers stone and is making tonnes of gold., I mean Quantum Computing is just around the corner, where they change 1’s and 0’s instantaneously, faster than the speed of light.

Help the Community Grow

Please understand a donation is a gift and does not confer membership or license to audiobooks. To become a paid member, visit member registration.

Upcoming Events