Last week during my News and Views from the Nefarium I talked about a strange story from South Africa alleging several millions of Rand in gold had been stolen. At the time, I noted that the whistleblower who exposed the story, the oddly- and provocatively-named "Tokyo Sexwale", provided little proof for the allegation. Also at the time, I noted that I suspected that the strange story might be connected to the various "gold" backed bearer-bonds scandals of the late 2000s and 2010s. During that show, I asked for anyone having more information on the strange story to pass along anything they might have.
Well, my email inbox has not exactly been flooded, but there has been a steady flow of articles from all over. A statement in one of them caught my eye. The article was shared by B.W.:
Notably, the article, like the story I originally commented on, is from Business Insider South Africa, and the author, once again, is Phillip DeWet. Interestingly enough, Mr. DeWet appears to be brushing up against the bearer bonds scandals as well. He begins by once again pointing out the sensational allegations, but the lack of proof:
After promising proof of his allegations, the one-time presidential hopeful did exactly that: he provided proof that he had made allegations, showing how he had approached high-ranking ANC members, the Reserve Bank, and President Cyril Ramaphosa. He did not, however, provide proof that the trillions of rands he alleges was stolen had ever existed, or that it had been stolen.
As to who had stolen the money and other details around the supposed crime, that was all part of a sensitive police matter he had been asked not to speak about, he said.
The article also notes the following:
But then the article veers into new territory, and with it, brushes up against the whole bearer bonds story:
But one detail offered by Sexwale helps lead back to that shadowy benefactor of humanity – if only as a single blurred photo – and the astonishingly modest manager of his wealth.
His single point of contact with the ultimate owner of the money is the Singapore citizen Chark Leong Boey, said Sexwale, who is the chairman, trustee, and proxy "who controls the money".
It is Boey who writes the letters, and appoints agents, said Sexwale – including himself.
...and now here comes the brush against the bearer bonds story:
Indonesia has seen many iterations of a scam that claims former kingdoms on its islands had amassed enormous amounts of gold, which came to underpin the financial system of the United States. These are often accompanied with documents with impressive seals attached, are sometimes presented as the reason John F Kennedy was assassinated, and have been known to feature supposedly long-lost royalty.
De Wet is correct: there are alleged "certificates of deposit" with "impressive seals attached" stemming from Indonesia with alleged massive amounts of gold on deposit, usually at banks in Switzerland (and usually at one bank in particular). And he's also correct that some have speculated - not without reason - that Indonesia had something to do with JFK's murder. Dr. Greg Poulgrain just last year released a book titled JFK vs. Allen Dulles: Battleground Indonesia, with an introduction by Oliver Stone. On page 23 of that book, Dr. Poulgrain notes:
In the alpine region of Netherlands New Guinea in 1936, three Dutchmen discovered a mountainous outcrop of ore with high copper content and very high concentrations of gold. When later analyzed in the Netherlands, the gold (in grams per ton) proved to be twice that of the Witwatersrand in South Africa, then the world's richest gold mine, but this information was not made public. (Boldface emphasis added)
And on from there the connections spread out. On page 61, for example, Poulgrain reveals that the US ambassador to Germany in 1936, William Dodd, discussed with none other than Hjalmar Schacht a German lease on Dutch New Guinea. Schacht was seen again in the country in the 1960s at the time of JFK's involvement with President Sukarno, Indonesia's famous first president (from 1945-1967).
However one parses this, we have once again, years after the bearer bonds scandals, stumbled into the Indonesian side of that story. Where it goes from here is anyone's guess, and I'm not even going to speculate today. What I find intriguing, however, is that my hunch in last week's News and Views that the South Africa-"Tokyo Sexwale" story was somehow connected to the bearer bonds story appears to be circumstantially borne out, and much sooner than I suspected it would be. There's much about the story that gives pause, including its peculiar timing, and it is entirely possible that it's all smoke and mirrors, and yet another diversion...
... but I suspect not, because there's a lot of strange stuff going on in the "gold bullion" world. And with state bullion depositories being pondered in US states, I find it disturbing that no one seems to be mentioning what appears to be more or less self-evident, that the amounts of such bullion in existence are badly obfuscated...
See you on the flip side...