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http://www.cbe.org.eg/ Not Responding: Has The E(gyptian)CB Been Plundered?

Tyler Durden's picture




 

We were doing some diligence on Egyptian (now historic) gold holdings but unfortunately the following link no longer seems to work:http://www.cbe.org.eg/ To those who guessed correctly that this is the web site of the Egyptian Central Bank, you win whatever is held in the vaults of said building. Which we are willing to bet against all that is held in our own tungsten warehouse in Kentucky, is absolutely nothing. To any potential readers in Egypt, may we recommend you go politely enter the building at 31 Kasr El-Nil Street, Cairo, go to the basement and check on the precious metal inventory. There should be 75.6 tonnes of gold. Which incidentally may also be a sufficient motive for someone to pull off a Die Hard 23.

As a reminder, there should be signs of life here: after all the ECB decided against hiking rates today despite what at first glance appears a food price inflation driven revolution:

Egypt's central bank kept its key overnight interest rates steady on Thursday as it struggles to foster growth without reigniting the high inflation that has fuelled unprecedented protests against the government.

An increase in rates could help slow consumer inflation that is running at an annual 10 percent, but could scare away investment that would help the government meet its growth target of 7 percent next year.

"The central bank is stuck between a rock and a hard place," said John Sfakianakis, chief economist at Banque Saudi Fransi.

"They can keep rates as is and maintain vigilance, but vigilance doesn't help much in this situation, which is that food inflation at 17 percent is creating huge disposable income problems."

"So the other scenario would be to increase rates, but increasing rates would not do anything at a time when the country is up and is going against the regime."

Police fought protesters in the Egyptian cities of Suez and Ismailia on Thursday, the third day of protests to try to oust President Hosni Mubarak.

And for the motherfucking win:

In a statement that accompanied the decision, the central bank repeated
its view that underlying inflation remain contained, saying some of the
worst price increases occurred in early 2010.

It is unclear if the head of the Egyption Central Bank was also 100% confident he too can take away  inflation on a 15 minutes notice. All those who wish to ask him directly are invited to try:

+20 2-2393-6127
+20 2-2393-6066
+20 2-2393-4134
+20 2-2393-8903
+20 2-2395-1769

Alas, nobody is picking up.

 

 

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Fri, 01/28/2011 - 17:30 | 914472 Ragnarok
Ragnarok's picture

TD, it was Die Hard 3. Die Hard 2 was the airport and the SA Dictator.

 

Riddle 1:

As I was going to St Ives

I met a man with seven wives

Every wife had seven sacks

Every sack had seven cats

Every cat had seven kittens

Kittens, cats, sacks, wives

How many were going to St Ives?

 

Riddle 2:

You are given a 5 gallon jug and a 3 gallon jug in front of a fountain. Measure out exactly 4 gallons of water.

Fri, 01/28/2011 - 17:35 | 914531 Montecarlo
Montecarlo's picture

Fill the five from the three, mark the line, then fill the five with five.  Pour from the five to the three so that three remain in the five.  Now mark the three.  That is your 2 GAL line. Empty the five, and fill it twice from the 2Gal line in the three.  Good times.

Fri, 01/28/2011 - 17:41 | 914551 Ragnarok
Ragnarok's picture

OR

- Dump a full 3 into the 5

- 2 from a new 3 into the 5 (filling it)  leaving 1 in the 3

- Dump 1 into empty 5

- Dump 3 into 5 containing 1 to make 4

Fri, 01/28/2011 - 17:45 | 914572 thetruth
thetruth's picture

or

- fill up 5

- from 5, fill up 3, leaving 2 in 5 and 3 in 3

- pour out 3 on the floor

-pour remaining 2 from 5 into 3, left with 0 of 5 and 2 of 3

- fill up 5

- dump 1 from 5 to fill up remaining 1 of 3, left with 4 in 5 and 3 in 3

Fri, 01/28/2011 - 18:56 | 914789 Zyroh
Zyroh's picture

the ZH Paradox:

only ZHers have the presense of mind to liberate the gold in central banks during a revolt.

only ZHers realize there's no more gold in central banks, so we don't bother.

Fri, 01/28/2011 - 20:52 | 915068 knukles
knukles's picture

Or in applying the Heisenberg Principle; "One either knows how much gold there was or how fast it left."

Fri, 01/28/2011 - 20:01 | 914971 saulysw
saulysw's picture

OR

- Fill up 3, and pour into 5

- Freeze it

- Fill remaining space in 5 (2 units at the top), twice.

Fri, 01/28/2011 - 20:24 | 915024 A Nanny Moose
A Nanny Moose's picture

That water expanded when you froze it. Plus there is the whole waiting to freeze thing. We need instant gratification here

Fri, 01/28/2011 - 20:30 | 915032 saulysw
saulysw's picture

Hey, I didn't say it was the *best* solution, or the most practical....but it is a solution of sorts.

I agree, most of the others are better!

Fri, 01/28/2011 - 20:54 | 915074 knukles
knukles's picture

Or, by eye, just saw off the top 2/3 of the fucker, fill the bottom and say; "Here." 

Fri, 01/28/2011 - 23:22 | 915349 Rahm
Rahm's picture

Will you be my Chief of Staff?

Sat, 01/29/2011 - 01:27 | 915549 UncleFester
UncleFester's picture

What about...drink 4 gallons of beer, wait an hour, then piss in the 5 gallon bucket?

UF

Fri, 01/28/2011 - 17:43 | 914563 countryboy42
countryboy42's picture

Fill the five, then fill the 3 from the five. 2 gal left in the five. pour out the 3 gal, and pour the 2gal in the now empty 3 gal container. refill the 5 gal, and use to fill the 3 gal (1 gal out of the five) 4 gal left in the five gal. container. No pen needed.

Fri, 01/28/2011 - 18:03 | 914627 MrBoompi
MrBoompi's picture

You are given a 5 gallon jug and a 3 gallon jug in front of a fountain. Measure out exactly 4 gallons of water.

-- You can do it without marking the jugs.  Fill up the 5 gal jug.  Fill up the 3 gal jug from the 5-gal jug, leaving 2 gal in the 5 gal jug.  Dump out the 3 gal jug and dump the 2 gallons you have in the 5 gal jug into the empty 3-gal jug.

 

Fill the 5-gal jug full again, then fill the 3-gal jug (containing two gallons of water) from the full 5-gal jug and you'll have 4 gallons remaining in the 5-gal jug.

 

 

 

Fri, 01/28/2011 - 17:40 | 914552 Monday1929
Monday1929's picture

one is going to st.ives

Fri, 01/28/2011 - 17:53 | 914598 Batty Koda
Batty Koda's picture

Only if the riddler is male, if the riddler is female we have to get into a debate about the colloquial use of "cat".

Fri, 01/28/2011 - 17:40 | 914554 Bastiat
Bastiat's picture

Wives: 7

Sacks: 49

Cats: 343

Kittens: 2401

total kittens cats, sacks wives:  2800.

Fri, 01/28/2011 - 18:20 | 914667 downrodeo
downrodeo's picture

the traffic congestion only occurs in the outbound lanes

 

1 is the answer

Fri, 01/28/2011 - 18:56 | 914790 attst487
attst487's picture

You don't know that the answer is one. You do know that it is at least one (the author), but there isn't any available information about anyone else going or not going. There could be several thousand headed there on another road.

Sat, 01/29/2011 - 00:55 | 915499 Dr. Sandi
Dr. Sandi's picture

You don't know that the answer is one. You do know that it is at least one (the author), but there isn't any available information about anyone else going or not going. There could be several thousand headed there on another road.

Ahh, sophistry, the main educational benefit of 4 years at Harvard.

Fri, 01/28/2011 - 20:06 | 914977 saulysw
saulysw's picture

Wives: 7

Sacks: 49

Cats: 343

Kittens: 2401

total kittens cats, sacks wives:  2800.

 

What about the narrator? +1 ? And "a man"? +1 ?

Fri, 01/28/2011 - 17:52 | 914592 DisparityFlux
DisparityFlux's picture

Oh come on, just unload a 11 round clip into the mofo asking the questions and move on.

Sun, 01/30/2011 - 14:37 | 918079 Dr. Sandi
Dr. Sandi's picture

Yowzah! A man of action!

Fri, 01/28/2011 - 18:01 | 914621 figuringitout
figuringitout's picture

1. Fill the 5 -> Pour into 3

2. Empty the 3 and pour the remaining 2 gallons from the 5 into the 3 -> Result is 2 gallons in the 3 gallon jug and the 5 gallon jug is empty.

3. Fill The 5 gallon jug again

3. Pour from the 5 gallon into the 3 gallon until the 3 gallon is full. Since there are already 2 gallons in the 3 gallon jug (from step 2), you would empty 1 gallon from the 5 gallon jug...leaving 4 gallons in the 5 gallon jug.

Fri, 01/28/2011 - 18:05 | 914629 bankonzhongguo
bankonzhongguo's picture

"And for the motherfucking win ..."

So funny, I just released my eggs.

 

"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way ..."

Fri, 01/28/2011 - 18:53 | 914779 Heroic Couplet
Heroic Couplet's picture

Fill both half way.Pour the smaller into the larger.

2.5 + 1.5 = 4. Pour the 1.5 (3 gal) into the (5 gal).

Fri, 01/28/2011 - 18:53 | 914780 sabra1
sabra1's picture

every wife had seven brian sacks? or was brian kicked in the sacks?

Fri, 01/28/2011 - 19:56 | 914960 Miss Expectations
Miss Expectations's picture

Riddle 3:

How many central bankers can fit between a rock and a hard place?

Fri, 01/28/2011 - 23:08 | 915322 Buck Johnson
Buck Johnson's picture

I know the St Ives riddle, it's a good one though.  How many were going to St Ives, it was the Person of course he said it in the first line.  The man was someone he met while the person was going to St Ives.  Also the 5 Gallon jug and 3 Gallon one is good also. 

Step 1, Fill the 5 gallon jug and then pour it into the 3 gallon jug.  The 5 gallon jug has 2 gallons left. 

Step 2, Now throw the 3 gallon water away.  Pour the 2 gallons from the 5 gallon jug to the 3 gallon jug.  So no the 3 gallon jug has just 2 gallons of water. 

Step 3, Fill the 5 gallon jug again, and pour 1 gallon to the 3 gallon jug. What do u have left in the 5 gallon jug ?? 4 gallons of water.. !

Sat, 01/29/2011 - 09:57 | 915786 Ima Pseudonym
Ima Pseudonym's picture

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out,

Fill the 3, pour it into the 5, then dump the 5 out ......

Oh, excuse me, we are talking water here, for a moment

I thought we were talking something else.  Once

you get into a habit, it is hard to break.

BB

PS. I was just filling the 3 gal first to throw you off.

Fri, 01/28/2011 - 17:25 | 914475 whoopsing
whoopsing's picture

Out to lunch?

Fri, 01/28/2011 - 17:33 | 914515 VegasBD
VegasBD's picture

All the ISPs in Egypt were told to stop resolving .eg DNS traffic

Sat, 01/29/2011 - 07:03 | 915713 asteroids
asteroids's picture

That's a start but if you know the IP address in Egypt you are on your way. What has happened is that they "effectively" turned off the routers. They withdrew BGP announcements for networks in Eygpt. I bet some networks inside Egypt are working.

Fri, 01/28/2011 - 17:25 | 914477 SpeakerFTD
SpeakerFTD's picture

There's a third Gruber brother?

Fri, 01/28/2011 - 17:33 | 914520 VegasBD
VegasBD's picture

yippie kiyyea mother fucker

Fri, 01/28/2011 - 17:26 | 914479 aheady
aheady's picture

Insufferable.

Fri, 01/28/2011 - 17:29 | 914486 ReallySparky
ReallySparky's picture

Come on the Money is gone.  The bank was looted a long time ago.  Heck it was probably HSBC and JPM, they needed to cover their shorts.  Unfortunately soon they will also loose their national treasures and museum items, which will turn up in private collections.

Fri, 01/28/2011 - 17:51 | 914589 iDealMeat
iDealMeat's picture

WikiLeaks would take state dept. computers and HD's..  oh, wait..  never mind..

Send em to me..  I'm a buyer..

Fri, 01/28/2011 - 17:29 | 914494 cougar_w
cougar_w's picture

Internet kill switch

Fri, 01/28/2011 - 17:36 | 914532 VegasBD
VegasBD's picture

turned off dns, they dont have a kill switch

Fri, 01/28/2011 - 17:39 | 914549 cougar_w
cougar_w's picture

I meant that. Nobody around here knows what DNS is. Though as a practical matter they could filter at the border routers, I don't think there is more than one or two trunks getting in, should be easy enough to shut things off for 90% of the country.

Fri, 01/28/2011 - 17:56 | 914608 faustian bargain
faustian bargain's picture

Unless people start digging their phone modems out of storage in the attic.

Fri, 01/28/2011 - 18:19 | 914665 cxl9
cxl9's picture

Normally Egypt is decently connected to the Internet. Their main commerical provider, TeData, peers with Cogent, Verio, Level3, among others (Mentor Graphics?), although how many actual physical cables these run on is a matter for speculation.

http://www.fixedorbit.com/AS/8/AS8452.htm

But, no, this is not simply a DNS outage. They've fallen off the global Internet completely as their route advertisements have been withdrawn ..

==============================================
=  Global Crossing International IP Network  =
=    Contact:  GBLX-IP NOC: ncc@gblx.net     =
=     +1-800-404-7714 | +1-406-651-4028      =
=  UNAUTHORIZED ACCESS STRICTLY PROHIBITED!  =
=                                            =
=             Route View Server              =
=   All connections and keystrokes logged    =
=      for European Route View Server        =
==============================================

route-server.ams2>sh ip bgp 193.227.1.1
% Network not in table
route-server.ams2>

 

Fri, 01/28/2011 - 18:22 | 914674 Thorny Xi
Thorny Xi's picture

you beat me to it ... they're not in the DNS or routing tables right now.

Fri, 01/28/2011 - 19:29 | 914892 spinone
spinone's picture

maybe another cargo ship was dragging its anchor

Fri, 01/28/2011 - 21:00 | 915091 knukles
knukles's picture

Oh Yeah!
Remember the last time a "anchor was drug" in the Mediterranean about 5 years ago cutting 3 separate lines and were repaired within several days and just so happened the USS (or whatever the initials are) Jimmy Carter was there and voila! the lines were repaired.

Hint, look up the Jimmy Carter submarine. 

Fri, 01/28/2011 - 20:09 | 914989 saulysw
saulysw's picture

cougar_w : "Nobody around here knows what DNS is."

Actually, I think that there are quite a few switched on IT people here.

Sat, 01/29/2011 - 00:59 | 915503 Dr. Sandi
Dr. Sandi's picture

Good place for a reminder. If you can't connect ZH during the next revolution, use the IP address:

ZERO HEDGE http://188.126.66.68/

Good until their SP changes it or until the drones blow up the server.

Fri, 01/28/2011 - 17:30 | 914498 Boilermaker
Boilermaker's picture

Wasn't the Pres-o-dent of Eqypt a no-show on TV today?

Fri, 01/28/2011 - 17:31 | 914507 DonnieD
DonnieD's picture

He was supposed to address the country. Probably too busy loading up the armored truck on the way to the airport.

Fri, 01/28/2011 - 17:30 | 914499 DonnieD
DonnieD's picture

Didn't Mubarak turn the internet off?

Fri, 01/28/2011 - 17:33 | 914514 Boilermaker
Boilermaker's picture

Yes, he did.  Most people were on it when all of a sudd

Fri, 01/28/2011 - 17:33 | 914519 DonnieD
DonnieD's picture

Funny

Fri, 01/28/2011 - 21:01 | 915093 knukles
knukles's picture

LOL

Fri, 01/28/2011 - 17:30 | 914500 HarrisonBergeron
HarrisonBergeron's picture

It just keeps getting more interesting.

Fri, 01/28/2011 - 17:33 | 914516 john milton
Fri, 01/28/2011 - 17:33 | 914517 Misean
Misean's picture

"It is unclear if the head of the Egyption Central Bank was also 100% confident he too can take away  inflation on a 15 minutes notice."

Apparently he left the printers for the airport about 15 minutes ago. Not sure what kind of capacity the ink cartridges and paper trays have unattended...

Fri, 01/28/2011 - 17:34 | 914525 MyKillK
MyKillK's picture

Al Jazeera reporting that the Egyptian State TV will be hosting an important announcement. Mubarak stepping down?

Fri, 01/28/2011 - 17:38 | 914539 MyKillK
MyKillK's picture

Now they are reporting the announcement will be made by the Speaker of the Egyptian Parliament. Mumbarak still MIA.

Fri, 01/28/2011 - 20:03 | 914974 Miss Expectations
Miss Expectations's picture

Any pictures of that guy they found in the trunk of that BMW?

Fri, 01/28/2011 - 21:05 | 915105 knukles
knukles's picture

In Chicago?
You mean the judge that originally threw Rahm off the ticket?

Fri, 01/28/2011 - 17:46 | 914576 wretch
wretch's picture

Will it be as important as the White House important announcements ("We're watching the situation closely")?

Fri, 01/28/2011 - 17:49 | 914582 MyKillK
MyKillK's picture

Considering that is is the Speaker of the Paliament is the one who would become interim president should mubarak resign or be incapable of ruling, it sounds like it be considerably more substantial.

Fri, 01/28/2011 - 17:55 | 914605 wretch
wretch's picture

Come on.  The people are demanding an end to the government.  Anyone looking at reform doesn't understand systemic collapse.

Fri, 01/28/2011 - 18:03 | 914626 MyKillK
MyKillK's picture

As interim president he would have the power to disband the current regime...guess we'll find out within the hour.

Fri, 01/28/2011 - 18:18 | 914656 wretch
wretch's picture

I predict Mubarak will announce that Egypt is secure in his safe hands... from Davos.

Fri, 01/28/2011 - 17:37 | 914536 Manbarepig
Manbarepig's picture

Some MSM fun...

 

Egypt govt denies disrupting websites - cabinet - RTRS

26-Jan-2011 11:51

CAIRO, Jan 26 (Reuters) - Egypt's government denied that social media websites like Twitter and Facebook were disrupted, saying the government respected freedom of expression and sought to protect it, the cabinet spokesman said on Wednesday.

"The government would not resort to such methods," Magdy Rady said, after Egyptians complained Facebook and Twitter and other sites were being blocked and mobile networks were being disrupted.

 

Fri, 01/28/2011 - 21:07 | 915110 knukles
knukles's picture

Announcement released by mimeographed broadsides thrown from the roof of the telecommunications building.

Fri, 01/28/2011 - 17:38 | 914543 hedgeless_horseman
hedgeless_horseman's picture

...go to the basement and check on the precious metal inventory.

If no luck, then I recommend you check all the sticky notes on the monitors for the FRBNY swap codes.

Fri, 01/28/2011 - 17:39 | 914546 KnightsofNee
KnightsofNee's picture

For timely updates on the "situation" on the ground in Egypt, please check out this Facebook page.

http://www.facebook.com/elshaheeed.co.uk

I can't get into it since I deleted my Facebook page, as of the 26th.

Fri, 01/28/2011 - 17:54 | 914602 Sokhmate
Sokhmate's picture

I'm deleting mine today.

Fri, 01/28/2011 - 17:39 | 914548 walcott
walcott's picture


http://www.youtube.com/watch?v=bIw-ufWdWC8

 

Patrick Henry speech. Send this to everybody you know.

Fri, 01/28/2011 - 17:42 | 914558 Devout Republican
Devout Republican's picture

I would just like to say that although I am quite rich (not doubt do to my piety in the eyes of the one true Lord).  I am not rich enough to be beheaded.  TIA

Fri, 01/28/2011 - 17:47 | 914578 thetruth
thetruth's picture

noted.  piety, not attention to grammar

Fri, 01/28/2011 - 20:15 | 915005 saulysw
saulysw's picture

not doubt do to my piety in the eyes of the one true Lord

should be

no doubt due to my piety in the eyes of the one true Lord

and by the way, that's pronounced "dew" not "doo".

Fri, 01/28/2011 - 17:43 | 914565 gwar5
gwar5's picture

Telephone rings:

Bang Dai-Ho: "Herrow.... Hosni? Me hear you have much trouble...tweet no work"

Hosni: "Yeah, well, pretty busy right now Bang...what's up?"

Bang Dai-Ho: "Me say, London no good for you"

Hosni: "Ummm....why do you say that?"

Bang Dai-Ho: "Me just say, have flend at new Shangai Depository name Acks-No Kweshun."

 

 

Fri, 01/28/2011 - 17:47 | 914577 Ragnarok
Ragnarok's picture

BAHAHA

Fri, 01/28/2011 - 21:01 | 915092 Misstrial
Misstrial's picture

haha :)

~Misstrial

Fri, 01/28/2011 - 17:47 | 914568 DisparityFlux
DisparityFlux's picture

The gold is still there.  No one would dare take it since it's protected by the curse of the Mummy.  Why, if someone were to take that gold, the Mummy would suck their soul from them, and turn them into a life sucking, walking undead ghoul, a caricature of ...

Hey, where the hell is Lloyd?

Fri, 01/28/2011 - 17:46 | 914575 medicalstudent
medicalstudent's picture

ha ha ha, great snippet td.

 

the answer to the tonnage question will be found at chester a. aurthur's grave i'm sure.

Fri, 01/28/2011 - 17:47 | 914579 max2205
max2205's picture

Wealthy reportedly getting in airplanes now. I suspect most of that 75 tons is missing by now

Fri, 01/28/2011 - 17:58 | 914586 downrodeo
downrodeo's picture

Well, yippie ki-yay, motherfucker!

Fri, 01/28/2011 - 17:51 | 914587 Sokhmate
Sokhmate's picture

And for the motherfucking win:

 

 

succinct.

Fri, 01/28/2011 - 17:52 | 914594 MyKillK
MyKillK's picture

According to my traceroute, cbe.org.eg DNS entries have been removed. This goes beyond the Egyptian government simply cutting off the lines. It's been scrubbed worldwide.

Fri, 01/28/2011 - 18:00 | 914620 MyKillK
MyKillK's picture

It's targeting just the central bank because egypt.gov.eg DNS still resolves.

Fri, 01/28/2011 - 17:56 | 914607 TrihumpTheInsultDog
TrihumpTheInsultDog's picture

Oh yea, oh yea, oh yea. <1><2><3>. Trihump has poop for you. Flee and evade. If I have a flea, I evacuate 4 you.

Fri, 01/28/2011 - 18:04 | 914632 Manbarepig
Manbarepig's picture

Friday, January 28, 2011 5:00:15 PM RTRS - ASKED ABOUT CALMING THE SITUATION IN EGYPT, PARLIAMENT SPEAKER SAYS MATTERS ARE IN THE 'SAFE HANDS' OF PRESIDENT MUBARAK - TV

 

Is this Egypt or Allstate?

Fri, 01/28/2011 - 18:06 | 914638 Eyedroppedthewater
Eyedroppedthewater's picture

Obama couldn't get Mubarak on the line because

it has been busy.   Apparently Mubarak had been

on the phone all day seeking an emergency

delivery of the Gulfstream G-Spot.  It is a

slightly modified G550, the main differences are

that it can hold 10 fewer people, but more payload

load, with a specially designed cargo box that

can hold 5 tons of gold.  

Fri, 01/28/2011 - 18:13 | 914650 Bubbles...bubbl...
Bubbles...bubbles everywhere's picture

Epic thread is epic.

Fri, 01/28/2011 - 18:17 | 914657 buzzsaw99
buzzsaw99's picture

Attn Mr. Mubarak: Air Force One will be there in twenty five minutes to pick up you, your gold, gemstones, wives, wives shoes, and other assorted loot, er, personal possessions.

Fri, 01/28/2011 - 18:29 | 914709 Hannibal
Hannibal's picture

"Alas, nobody is picking up." Well Alas Alah, its Sat at 3am and weekend,...eh!

Fri, 01/28/2011 - 18:38 | 914729 Dr. No
Dr. No's picture

The Bernank on the telephone with Saudi Arabia:  "This is why we recommend any gold holdings be stored for safe keeping in the ultra safe New York Fed.  You can count on your gold being safely stored regardless of any instability in your country".

 

Saudi Arabia: "What guarantee do I have JPM will not short future contracts prior to the NYF leasing out all my gold?"

 

Bernank: "I assure you, it will be Citi, not JPM so you can profit handsomely"

Sat, 01/29/2011 - 02:29 | 915616 robertocarlos
robertocarlos's picture

While we are wasting time filling buckets the bad guys are stealing the gold.

Sat, 01/29/2011 - 09:42 | 915773 Twindrives
Twindrives's picture

Obama already has the U.S. lode of gold crated and marked for shipment for his own self exile to his homeland of Kenya.   He's taking Timmah and Bennie along to shine the bars and his knob. 

Sun, 01/30/2011 - 09:03 | 917631 Ben Probanke
Ben Probanke's picture

seems internet back in egypt and that they are reading zerohedge:

15:39 29Jan11 -ARMY REPEL HUNDREDS OF PROTESTERS WHO ATTACKED ENTRANCE OF A  CENTRAL BANK-RELATED BUILDING IN CAIRO SUBURB-WITNESS   
15:47 29Jan11 -Army repel protesters at Egypt c.bank related building
    CAIRO, Jan 29 (Reuters) - The Egyptian army used tanks and fired shots in the air to force back hundreds of protesters who were attacking the entrance to a building related to the Central Bank in a suburb of Cairo on Saturday, a witness said.
   The protesters, who were using wooden planks to try to break into the building, which prints paper money, fled after seeing the tanks approach and hearing the shots. (Editing by Alison Williams)
 Keywords: EGYPT/PROTEST BANK
  

Saturday, 29 January 2011 15:39:51RTRS [nLDE70S0DM] {C}ENDS

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