1. As Nidster says, this follows in the wake of the suggestion that Australia’s gold reserves should be repatriated. “Fees charged in exchange for no services”? What a laugh, given the colossal amounts raked in by central and commercial bank money creation requiring just a click on the mouse.
    Still, this helps shine some light on central banking, where they definitely do NOT like to be the focus of public attention.

    1. Robert Barricklow

      The systems running effortlessly, seamlessly – efficiency at its best; the fraud is simply breathtaking in its scope & penetration of numerous markets, producing more debt slaves than the system projected, even at extremely high expectations. The resulting exploitation will bring many times the returns invested. All from a couple of well placed key strokes and a trusted media that sells fraud like no tomorrow. Ironically, it truly is no tomorrow for the believers in this magnificent system based on intentionally deceptive systemic fraud.

  2. Ken Henry says he and outgoing NAB CEO Andrew Thorburn are “deeply sorry. We’re saying we are deeply sorry” for requesting 99.9% of Australia’s gold reserves be returned home from the Bank of England’s vault, that is if it can be ascertained that the gold is physically being held in their vaults, a fact which many Australians are not entirely certain.” [ sarc-off ]

    According to the Reserve Bank of Australia (RBA) Australia’s gold reserves are approx. 80 tonnes, worth according to the RBA $4,103,000,000 as of the end of March 2012. But where is the Gold kept?

Comments are closed.