Yesterday during this mini-series of blogs about the German gold audit and its geopolitical implications, I linked a video by Russia Today, and noted that Max Keiser was sending not-too-subtle messages, one of which was getting Germany "retribution" for having been screwed so many times by the banksters in London and New York, in other words, a subtle message is being delivered, not only by Germany, but by Russia.

The trouble is, this message really doesn't require any coordination from the Reich Propaganda Ministry or, for that matter, the Kinder Gentler Friendlier Guys at the Lubyanka. All RT TV has to do is provide the forum and platform on a major media outlet for what many, nay, millions are already saying in the West, in its alternative media and via the internet. It is really not the West, but the Western oligarchs, a very small group of financiers, military men, policy makers, scientists, and technocrats, who are under assault,  both in the world, and in their own power bases, as people increasingly look, not to foreign threats, or even terrorists, as the ultimate culprits for world unrest, but to their own ruling elites.

Into this increasingly tumultuous geopolitical ferment, Germany has called for an audit of its gold reserves, and my bet is, in the long run, Germany will not be satisfied with any partial audit; the game is afoot, and the financial bluff of London and New York is being called in Berlin, and Moscow and Beijing appear all too willing to play the dummy hand to Berlin's lead.

But....on the alternative explanation, the one I first proposed in part one of this multi-part blog, the Bundesbank would be a component of this fraudulent system, and a majorly complicit one, since its permission would be required to allow any of Germany's gold to be secretly collateralized by any foreign central bank holding it in trust for Germany.

Enter Lars Schall, an independent German financial researcher, who, like the rest of us, is simply trying to find out what has happened to his country's gold reserves. You really have to read this one folks, to believe it:

"Thank You For Contacting the New York Fed"

As Herr Schall indicates, the fact of silence means, in effect, that swaps and most probably (reading between the lines) massive re-hypothecation on the basis of German gold was indeed what was going on...

... but this has some nasty geopolitical implications too, not the least of which is that the post-World War Two economic-military dominance of the USA has a hidden tie to Germany, and with that we come to this:

Germany promised U.S. in 1967 not to convert dollars to gold

Now, mind you, this was a few years before King Richard took the United States completely off the gold standard, making central-bank created debt-ridden dollars the world's reserve currency, while all this rehypothecation was taking place.

So... note what we have now:

1) A vast post-war pile of loot accumulated by Imperial Japan and Nazi Germany;

2) Said pile of loot became a secret reserve for the use of UK and more largely US banks;

3) Said Nazi and Japanese elites knew of the existence of this loot and therefore could expose the whole system, thus giving them some measure of influence over its postwar use (like rebuilding Europe and Japan);

and finally,

4) this left those countries (Japan, Germany, and now more recently, China), with a large pile of increasingly worthless US dollars, all the while the backing for those dollars was increasingly in the form of raw US military power and the willingness to "intervene" with it....

...all this leads to some interesting geopolitical speculations, but that will have to wait for tomorrow...

...see you on the flip side.


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. Buk R on October 30, 2012 at 5:50 am

    In the immortal words of Ricky Ricardo,,,,,, “LucY you got some explaining to do”……………

  2. Nidster - on October 29, 2012 at 7:37 pm

    Dr. Ferrell thanks for keeping issues like this front and center. One request, instead of using the term “worthless US dollars” would it not be more accurate to use the term “worthless Federal Reserve Notes”?


    • Yaj on October 30, 2012 at 6:32 am

      Ironically, except against the Australian dollar, the Canadian dollar, and the yen, the US dollar has been doing just fine for the last few years.

  3. Yaj on October 29, 2012 at 3:44 pm

    terminally skeptical:

    The point of mine you missed is that overunity technology replaces money. And then as I more than implied: Such technology can explicitly make elements of “value” beyond generating energy to run devices. In that last case monies could still be paper or digital chits but speculation (a much bigger problem than debt) against said representations would be next to meaningless because of the transparency you’ve rightfully advocated.

    However if the overunity tech is readily available, how do you stop the easy weaponization of said technology?

    • terminally skeptical on October 29, 2012 at 4:47 pm

      You’re saying with a fancy O U gadget you can make your own precious metals and that replaces money or at least preempts the need for a day job? The O U device may provide the energy to drive such a machine but don’t forget Tesla’s experiments required an abundance of power and did David Hudson’s if you’ve read The Philosophers Stone. In principle you may be right but pragmatically I foresee a governing body constraining unmitigated production with statutes/ordinances.

      And wouldn’t there still be a need for some sort of medium of exchange even if it’s a system of electronic credits between the various trades and services? Frankly I don’t see how that would be eliminated entirely.

      Not all O U technologies are useful as weapons. The ones that are threatening could be regulated to some extent. There’s always that chance that a madman or psychopath could wreak havoc but face it presently building a dirty bomb isn’t outside of the reach of some ambitious tinkerers either.

      • Yaj on October 30, 2012 at 6:29 am


        Tesla’s system if it could produce overunity results is horribly inefficient. Though perhaps useful as a weapons system basis. Read up on more than Tesla and Hudson. (And remember that today we have not particularly effective overunity systems that once built consume very little to keep running for years: solar and wind.) Don’t know much about this particular device, but I’d bet that the network analysiser that Gabriel Kron bult at GE for the Navy in Palo Alto in about 1931 didn’t use a lot of power to start and then ran itself. (Yes, I remember that whole industries built the parts with normal heat energy, but that changes too with widespread overunity gear.)

        Yes, I did say that there would still be a paper or electronic method of exchange, but there wouldn’t be much point in speculation with it; debt might still exist, but it would be the long term type transparently used to fund real things, and the rentiers collecting would still be very tied up in maintaining and improving the overyunity system of the entire planet.

        Right, jobs would radically change, whole industries like real estate and banking would be gone (real estate is rarely about supplying needed housing or building anymore so building would remain). Transport would remain an employer but very differently than now. Advanced agriculture, forestry, and water management would be very big fields, so would the arts, but not for the reasons of self-congratulatory “self-worth” promotion much of art is used for today.

        Here are some other names: Keeley, Hendershot, Bedini, Reich, and then there are more.

        • terminally skeptical on October 30, 2012 at 3:38 pm

          Don’t know of Hendershot and Gabriel Kron in name only. The others are familiar. Dale Pond has been pursuing Keeley for quite some time already but if he knows how to emulate it verbatim then he’s keeping his cards close to his vest. Neither Bedini nor Reich are prime examples of large O.U. gains but I’ll admit even small ones are not to be discarded.
          John Searle has resumed his efforts to bring it public but again is cagey about it falling into the wrong hands. The list of names, although it probably runs up into the hundreds in rumor is short on proof of concept, sad to say, often because the developers are stymied by our government in the interest of “national security” I realize I’m probably preaching to the choir here if you’ve spend anywhere near the time on this stuff as I have.
          I saw an interview with Patrick Flanagan recently where he gives a spellbinding account claiming he was Tesla himself in his previous lifetime. Don’t laugh until you’ve first watched the entire interview. This guy is way beyond the incredible man I already thought he was.

  4. LSM on October 29, 2012 at 1:40 pm

    all of this talk about the value/importance of gold to the global elite (break-away society, etc.) is about as valid as believing that animal sacrifices in ancient times were to placate the “Gods”-

    Germany may be searching for its gold but Germany has been financially doing just fine until now without its gold- so why the sudden gold rush?- Germany suddenly under duress?- hardly- Germans were manipulated/pushed around enough in the past- they’re more than aware of their own previous manipulation and won’t stand for it anymore- gold or no gold- but then there may be other manipulators behind the German gov’t (could we have guessed?) that are ‘encouraging’ Germany to retrieve its lost gold- a Nazi international or another force controlling those who still adhere to the Nazi ideology?

    any answers?- please inform- I have my own speculations about this but want others to weigh-in before I give my own cheap 25-cent opinion about this-

    many regards to all- hope all are well-

    Larry in Germany

    • Yaj on October 29, 2012 at 3:51 pm

      But why would gold be valuable to Nazi International, aka SPECTR?

      • Hammer on November 1, 2012 at 3:07 am

        I think you mean the Bilergerg Group or “Bormann Continuity Phase II”, which is the real SPECTR written about by Ian Flemming. The question you should be asking is ,”why is gold valuable at all”? Because it always has been since recorded time and they use it to pave the streets of heaven with it. Got a better answer? I don`t.

    • Hammer on November 1, 2012 at 2:58 am

      Hi LSM, I read your posts gladly. I forgot where you live in Germany but I live in Berlin, the comming together again of the east and west fascist reactionaries. As you must know, the rest of the world is a little bit jealous of german technology and that includes all sciences except banking in my humble opinion. Germans are so full of guilt it boggles the mind. But they take it until they are starving and then they do some drastic things to save themselves from starvation and the guilt starts all over again. I say,”screw guilt”. Do what is right and let the leeches drop off. How many people do you know who are living from extended unemployment in German? I know quite a few and they are getting poorer and poorer. Many things still say, “made in Germany” on them from everyday products to weapons. But if Germany doesn`t get it`s gold back, Putin speaks perfect german if you catch my drift.

      • LSM on November 1, 2012 at 6:22 am

        Hi Hammer- I hope you are well-

        ich wohne in Freiburg/Br.-

        and I agree with every word you wrote- I have my own “cheap” answer/speculation to everything you wrote but that would be too much to go into now-

        I’m more than aware that Putin speaks fluent German- and I’ve caught your drift for a long time- but isn’t it amazing: whenever he makes one of his rare appearances vor dem Bundestag he needs translating from Russian to German-

        please take care of yourself in “big, bad” Berlin 🙂

        many warmest regards and please stay well (wie die Schweizer sagen: “trage Sorge zu Dir”) 🙂


        • Hammer on November 1, 2012 at 12:46 pm

          ,Thank you Larry, I`m gettin,g over Lungenentzündung which is not fun in cold,old Germany, sehr “scharfsinnig”,of you. Berlin is big and bad and depraved, but someone has to do it. I prefer it`s depravity to San Francisco`s, wich is where I`m originally from, but I`m not queer. I just hope the germans don`t get “hoodwinked” again by the city of London if you catch my drift. Ich wünsche dir eine fantastiche Nacht.,

          • Robert Barricklow on November 1, 2012 at 5:07 pm

            Hello Hammer, I can’t leave your remark about San francisco go w/o putting in my two cents. I’am also originally from San Francisco. As far as queer goes, I’am always reminded of the Frank & Earnmest comic strip, where they are buying something from a convience store. The clek asks, “You want this bagged in paper or plastic?”. Frank replies, “It’s doesn’t matter I’am bisackual”.

            I’am not queer. And, I don’t want anyone “hoodwinked” by the “city of London”, again & again & again.
            Their DNA/RNA goes way back(parasitical virus).

  5. Robert Barricklow on October 29, 2012 at 12:52 pm

    • Hammer on November 2, 2012 at 7:40 am

      Robert, I enjoy reading your posts as well. My hat goes off to anyone who , is politically incorrect in these times of dumbed down, Mr. and Mrs “goody two shoes” who try to defend their rightiousness against my fun. If one of them starts coughing in my face after I`ve worked a long, hard day, and I light up a cigarette and they talk down to me about it, somebody is going to the hospital. Also, I love the figure Joseph P. Farrell assigned to you. I think it fits perfectly.

      • Robert Barricklow on November 2, 2012 at 4:17 pm

        I remember, or perhaps a better way of saying it, I didn’t remember which pack of Marboros were real in my pockets. In today’s world, as in the past, the difference is blurry at best

  6. Robert Barricklow on October 29, 2012 at 8:48 am

    The reserve currency of the now, “petro dollars”(due to King Richard’s wretched tool Kissinger/via Israel), was the Only game in town. The game changer is in play, as we speak; the Chinese Renminbi, is a BRICKS front moving the globe toward a stormy confrontation. Of course, the U.S. is maintaining their classic foreign policy of: “MIGHT makes right”. A U.S. reserve currency of military might that enforces the oil tied to the dollar. That is now being bypassed. The gold scenario; however, is a tool that has been used by the “sinister” powers since “God knows when”/and is not “THE” solution. A temporary fix on fiat system(to a degree), is not the end game. The goal shoul be one where mankind is not a slave to the “money’ system, but its master. It is the planet & her living animals, that are in the crosshairs of extinction(including mankind) and her well-being should be “our” goal. A goal that works for the 100% of the living, as OPPOSED to the existing oligarchial system of the “1%” AT THE Expense of the the rest of the living Earth. The Privatized debt-based money system is, & has been the enemy of the planet as a whole. A crimalized system of extraction and destruction.

    It’s time to turn the ship of Earth a 180 degrees and work the the benefit & justice for ALL!

    • Robert Barricklow on October 29, 2012 at 8:54 am

      Here are a couple of good links to the overall discussion of the ongoing fight.

      The Real Deal/ Weather Control/ ChemTrails
      Click on: Monday Oct 19, 2012 Michael Murphy

      • Robert Barricklow on October 29, 2012 at 9:00 am

        On the Press Tv link
        Click programs
        “On The Edge With Max”
        “EU Crisis: Riots in Spain & Greece”.

        • Nidster - on October 29, 2012 at 7:33 pm

          Well said, Robert. We know the United States legislators can legally end the Feds tyrannical empire with a simple stroke of the pen and then American could issue sovereign debt-free money. A legislated end to the Fed would, theoretically at least, be peaceful. To achieve the goal of ending our slavery to the money system and also keep other “sinister” forces from rushing into the vacuum after the existing oligarchical system is de-throned, how, or by what means, do you think we reach that goal? Thanks.

          • Robert Barricklow on October 30, 2012 at 8:18 am

            As in Vietnam and other examples in history the following:
            North Vietnamese colonel and veteran scholar Colonel Harry G. Summers Jr.
            You know you never defeated us on the battle field.
            That may be so, but it is irrelevant. We were not strong enough to drive half a million Americans, but that was not our aim. Our aim was to outcast the Americans, to break the will of the American governmen to continue the conflict. We were waging a People’s war.

  7. Yaj on October 29, 2012 at 5:33 am

    But for all sorts of well document reasons (eg: the expansion of the Vietnam war, and the refusal of much US industry to invest in more modern production techniques) the US dollar has been losing value against other currencies since the 1960s.

    A weaker dollar was a big reason for the OPEC oil embargo in 1973.

    Somehow there’s an obvious solution to these issues, and it doesn’t involve some party having more gold, but ironically the overunity technologies which would solve this provide a method for making gold, and sadly better weapons too.

    • terminally skeptical on October 29, 2012 at 1:08 pm

      There is a hierarchy of solutions to oil based economies, particularly in the U.S., and it starts with eliminating special interests government and having a transparent monetary system. Term limits might not be a bad idea either.
      These stipulations are prerequisites that would pave the way for the elimination of debt based, inflation dependent economies and balanced federal budgets.
      The next order of business would be the O.U. technologies you noted. I heard someone (Gordon Novel) once claim that 80% of all life’s expenditures are directly or indirectly tied to the production of energy. Scalable modular O.U. units would eliminate both the need for a grid and a war machine expropriating raw material from foreign sovereignties since a limitless supply of effectively free energy could transmutate all material, not just gold.
      With this new found enlightenment, economy and leisure class come new problems like overpopulation due to longevity. affordability,and leisure time. One has to wonder whether humans are really up to the challenge of this new reality.

      • Yaj on October 29, 2012 at 3:53 pm

        See above.

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