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First Germany, Now Austria Demands An Audit Of Its Offshore Held Gold
First it was Germany, now another AAA-rated European country is starting to get concerned about its hard assets.
Overnight Bloomberg reported that following in Bundesbank's footsteps, Austria will audit its gold reserves located in the UK, which represent 80% of its total gold holdings. This gold reserve reviews held at Bank of England in London will be first conducted by external auditors, Christian Gutleder, a spokesman for the Austrian central bank, says via telephone.
As a reminder, Austria held 80% of its roughly 280 tons of gold in U.K., according to last annual report.
Gutleder explained that the Central bank has checked its reserves regularly in the past, adding that gold reserves haven’t changed since 2007. Which begs the question: why check them now then?
According to the official explanation that review comes after euro-skeptic Freedom Party demanded more transparency, repatriation of reserves. Perhaps it is time to rename the Euroskeptic party into the "we doubt our gold is where you say it is" skeptics. A better explanation was provided by the Austrian Trend magazine, which said that "the measure is seen as a consequence of growing public pressure. There is a rising disbelief among Austrians about the existence of the gold."
Joking aside, with Euroskeptics across Europe ascendent, we wonder which central European nation will be the first to uncover that its gold is no longer where it is supposed to be (that most certainly includes the Banque de France).
Some more color from Goldreporter.de:
Austria is planning to send auditors to the Bank of England in order to verify the existence of Austrias gold reserves stored in british vaults.
The Austrian accountability office will sent a delegation to London in order to check on Austrias gold reserves stored in vaults at the Bank of England. This is reported by Austrian magazine Trend. The measure is seen as a consequence of growing public pressure. There is a rising disbelief among Austrians about the existence of the gold.
“I acknowledge the request. Any grocery store is obliged to do inventory once a year. It is the only way of getting rid of these unreasonable allegations”, Ewald Nowotny, Governor of the National Bank of Austria tells Trend.
Austria officially owns 280 tonnes of gold of which 17 percent are kept in vaults inside the country. Around 150 tonnes are estimated to be stored in London.
In recent years doubts about the existence and the quality of Germanys monetary gold stored at the New York Fed and the Bank of England were raised by a rising number of skeptics. In January the Bundesbank eventually announced plans to repatriate most of Gemanys gold reserves until 2020.
So first Germany (which at this rate may repatriate its gold held in New York, London and Paris some time in the year 3000, now Austria... Who's next to confirm that all those doubts about infinite rehypothecation of physical gold with countless beneficiaries of paper receivables will be the next conspiracy theory to become conspiracy fact, after last week's surprising announcement that Barclays (the first of many) had manipulated paper gold prices on at least one occasions in the past decade.
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It begins... Let's hope this starts the ball rolling...
Too late, SHTF in progress:
http://www.tomheneghanbriefings.com/
A decade late and a metric tonne short.
What should be rolling is bankers heads
I CALL BULLSHIT.......these scumbag sovereigns know damn well their gold was leased........they don't give a shit....THEY'RE IN ON IT....all for show for the peeps
Who needs gold when you can have tungsten?!
seriously how could it have taken them that long? Are the academic economists really that fucking dumb? Oh yeah, they are.
Next up COMEX default. Then what? 1.4 quadrillion in derivatives implode like a fucking neutron star?
They are worried that its stolen, but then continue to leave it there anyway?
And the fact that the BOE will point at any old gold, and say, there it is, is good enough?
as long as there is only one audit at a time, everything should be ok
the problem arises when multiple accounts must be audited simultaneously
or when a single account demands an exhibit of more than 100 bars at the same time
for various technical reasons, we find such requests to be rather problematic
hugs,
the london bullioneers
In Austria the popular term for being Corzined is getting lederhosed
Who is going to audit that metal? Hans & Franz?
What's the problem? Just send them Germany's. Same gold, same numbers, you only need the one audit, why bother with the expense?
Austria = Osterreich = Eastern Reich
All colonies.
Published on Dec 7, 2012
We're INSIDE a Gold Bullion Vault.
The Bank of England protects about £197 billion ($315bn) worth of gold, according to the mostly recently published figures.
Film by Brady Haran. Featuring Professor Martyn Poliakoff.
https://www.youtube.com/watch?v=CTtf5s2HFkA
The vaults are off limits, but the Bank of England Museum will let you lift a real gold bar: http://bit.ly/TJ4BVk
"...these scumbag sovereigns know damn well their gold was leased..."
First come first serve? You wish.
"Your gold is safe in our storage, just get our auditors to certify for you so you may tell citizeny: "see told you they're there.""
My words of 2013 were "counterparty risk." I was a year early. But I'm my own Central Bank. And I sure as hell don't trust the BOE or the Fed to be the guardian of my stuff.
Since the Austrian Reich has been defunct for quite a while, they really should go back to "Ostmark" which at least sounds kind of cool.
Nazi propaganda had the same idea in 1938: Ostmark_(Austria), to the point that it's now a purely historic term around the times of the "Anschluss", in Austria
Come on, while this would make a great deal of sense, have you any idea of how offended Ghrodo's (severally fucked) view of "Solidarity" would be if the the wealthy nations in Europe shared a currency and kicked the shitty ones out?
Hans & Franz & fonestar
BOE......ummmm...we are going to need a bunch of mirrors and dim lighting.
Only to find that it hop, skipped, and jumped to another country while no one was looking.
Email Message:
To: storeman BOE vaults: Flagged Urgent.
Please arrange for 224 Tonnes of Gold bars to be Palletized in section A. You may use any gold bars available and hang a sign "Property of Austria" on the pallets.
Should you find you have insufficient (Real) Gold bars on Hand for this request, raise a purchase order for the balance required:- Tunsten Foundry section
J. P. Morgan - New York City
Contact: J Dimon Tel: 1300 Im wealthier than you. Extention: 666
P.S As usual, please place the fake bars bottom and middle of pallets and supply copious amounts of the finest alcohol and large breasted waitresses for the audit teams pleasure.
ahaha fuck me!
- J. Yelle... errr cooky puss
Exactly. That's also what Manfred Schmider from Flowtex knew in the 80ies and 90ies.
Great example of MEGA-FRAUD ("made in Germany").
http://en.wikipedia.org/wiki/FlowTex
You nailed it! If it's not all audited at once, an audit of one country's holdings means zip, zero, nada.
Or when immediate repatriation is demanded,
proof marks and serial numbers.
Everyone is going to continue to lie until China decides to show their hand. When is that? Only they know, but when they show the world someday they have 10,000 tons or 15,000 or 20,000 tons is the day all the bullshit stops. Because then it just a simple math formula. But right now China loves the lying, they are delighted the price is kept artificially low. They don't want the proper market price until they have all the gold they want. Till then, China is like lie, cheat, steal and deceive all you want. Hell, they will probably kiss Blankfein ass in tuen mun square if he could drive the price down to $900.
bingo ----china's move is the big one. i'm not so sure they will tip their hand until they need their gold to be worth more to shore up their treasury. in which case----they will announce their gold hoard at some point into their upcoming and present financial crisis. when it gets bad enough and they use up their treasury hoard to dael with massive amounts of defaults and credit contraction------------------only then will they pull the G-bomb.
http://longbets.org/636/
sounds so reasonable, i wonder, is china the only one? plenty of countries with large forex reserves and smallish claimed gold reserves. only libya and ukraine have been corzined as of this writing. hell south africa is tops on the list below and it's only 10%. do saudi, singapore and japan have only 2% forex in gold? brazil, malaysia and south korea only 1%? if malaysia wants to match south africa at 10% forex in gold it buys 325 tons of gold (more than austria holds and that's about half of its forex). should japan want to, that's 3.000 tons. adds up.
sorry it doesn't display well but you do get the idea.
COUNTRIES WITH LARGE FOREX AND SMALLISH GOLD
RANKED BY TONNES OF GOLD HELD BY WORLD'S COUNTRIES
END OF 2013
Rank Country Gold Gold's share
(tonnes) of national
forex reserves
6 China 1,054.1 1%
7 Russia 1,041.9 8%
8 Switzerland 1,040.1 8%
9 Japan 765.2 2%
11 India 557.7 7%
14 Taiwan 423.6 4%
17 Saudi Arabia 322.9 2%
23 Philippines 193.2 9%
24 Algeria 173.6 3%
25 Thailand 152.4 4%
27 Singapore 127.4 2%
28 Sweden 125.7 7%
29 South Africa 125.1 10%
30 Mexico 123.1 3%
31 Libya 116.6 4%
34 South Korea 104.4 1%
35 Romania 103.7 8%
36 Poland 102.9 4%
37 Australia 79.9 6%
38 Kuwait 79.0 3%
39 Indonesia 78.1 3%
41 Brazil 67.0 1%
42 Denmark 66.5 3%
44 Argentina 61.7 7%
48 Bulgaria 40.0 9%
50 Malaysia 36.4 1%
51 Ukraine 36.4 6%
Peru has lots of gold "in the ground", but only some +/- 30 tonnes IIRC.
If China wants to get to 10%, it will be 10,000 tons (but wait, they have hundreds of goldmines, why haven't they dug up more?)
And why are the top five not shown?
Well...lookie here.
China, Saudia Arabia, Singapore and South Korea have alot of Ka-ching up to do...
Source please?
I personally think that these fictional reserve estimates are/have long since been sold.
When the people decide to stop selling their lives for fairy dust and unicorn shit.....
to dream.
RIPS
https://www.youtube.com/watch?v=WG16O6tj0Fs
When gold is revalued upwards by 10X the greatest wealth transfer the history of planet Earth occurs... to India.
US will try to prevent this by trying to heighten tensions between China and India
the unipolar world of Paul Wolfowitz and neocons is evaporating before their eyes
thats what they gave Venezuela.
Big Big Boating Accident!
Yep, definitely theatre.
Maybe they'll make it into a photo op.
A shit load of shiny yellow stuff (not Au) with a bunch of smiling idiots standing in front of it.
Photographic evidence is not really evidence at all (I do 3D modelling and use Photoshop for a living).
(If you analyse an image carefully edits can be detected, but not easily if it's done well.)
You can gold plate alot of tungsten and make it look real shiny without photoshop.
Photoshop's pricing is a rip-off, but still cheaper than the plating process.
I think it's a complicated question. I think during the cold war and such many of Europes countries saw it as a plus to have their gold over in the US and UK. But when they tried to get it back the US or UK gave assuranced that it's okay etc. etc. etc. and they didn't try again. Once they started seeing how the US and the UK economies where mostly debt they probably demanded it and they where probably told don't demand it back at one time or you will lose the "good graces" of the US or UK and all that comes with it. Just as Germany decided on the 2020 (which anyone with an IQ over mud would be able to tell that we don't have the gold). They will tell Austria the same thing but longer.
Now that you mention it I recall last year there was a story about Austria earning billions of dollars leasing out their gold. Thy amounts were too large for17% leased out.
Now that you mention it I recall last year there was a story about Austria earning billions of dollars leasing out their gold. Thy amounts were too large for17% leased out.
At least it appears that the Bank of England will allow them in to do their audit, which our FRBNY did not in the case of Germany.
Everyone needs to do an audit at the same time for this to mean anything.
Musical vaults.
@ Winston Churchill - not if the required serial #'s have been mysteriously transformed from London Good delivery bars to Asian kilo bars!
Show me the "money"!
Tyler, you're getting slow...you know you can always repost my stuff in full.....
First the Fed now the Bank of England, as Austria wants to Inspect their Gold
Everybody has a price.As the cartels would say; gold or lead.
Winston, wait until the oil is priced in GOLD. Then TSHTF...and Russia holds that card over Europe like a Ninja with a sword...
That's easy. Re-serialize look-alike bars.
Highly professional auditors at the ready!
Will they just do a number check or will they do a drill analysis and or an analysis of where the metal originated. How deeply will they probe?
The responses to what they report will be interesting, particularly if they fail to comprehensively audit every factor related to their holdings, rather than submitting some photo of auditors behind a stack of bars in some futile effort to placate those watching. I think there are a few too many sophisticated players around for them to be able to pull that off unchallenged.
as ron paul noted, the critical part is the audit of the paper trail of ownership. has the gold been leased, loaned, hypothecated, in general messed with so austria is now in line to dispute ownership with parties known and unknown?
When the smoke clears expect the vaults to be empty except for Jamie & friends promissory I.O.U.'s...
That's ok, we can drop him off in Tehran... They know how to handle those fast-talking, pesky banksters...
a few tonns short
of a allocated account...
What!? Al Fucking Gore is President!?
Yeah right.
Next thing you'll tell us is some black guy is in the White House.
Oh wait..
Yup, and he got there fair and square (guffaws, uncontrollable laughter, hysteria, people pissing themselves).
imo obama lied his way in but got the votes. al was cheated but given his choice of vice president probably wouldn't have been as different from bush as many think, assuming no mossad hit.
Im a conspiracy buff, but this one confuses the hell out of me. Can anyone gimme the bullet points of the wanta-reagan-mitterand thing? Id rather not dig through Rense or some shit if I dont have to.
I think Wanta owned a chocolate factory.
or was it petro poroshenko?
agree but I think its already rolling its slowly picking up momentum. Its amazing how long they can keep it going I would have become bored and exhausted a long time ago and just given up, perhaps thats why I'm not rich and powerful.
The square headed krauts were all talk. Why wouldn't these guys be?
I knew it! We toasterheads of Polish descent must have gotten some genetic contributions from Germany!
Toasterheads?? Can I quote you on that?
Cause I got some Polsky shooting buddies..
Then again... Not a good idea.. Never mind..
Toasterheads? LOL. that's pretty good.
Taking over a country by force has its privileges.
No no no...
There will be plenty of time to 'enjoy' the collapse later... but for now just a few more days in the late autumn sunshine before the onset of winter OK...
This will be the 2nd of many who start to check on their gold.
Venezuela already withdrew their tungsten.
got to believe what they got was gold. pays to be an enemy of tptb? you get quicker delivery.
Germany was essentially told to shut their asses and I expect these guys will be told the same thing. It is groundbreaking and all but the idea that they will get transparency is science fiction.
Germany got a pittance from the Fed that they asked for, they didn't get everything audited, and the bars they got were new castings which as I understand it is illegal as the gold there IS NOT FUNGIBLE.
Yep. When the Banksters threaten to expose how every central bank in every country is screwing the little guy they shut right up. You make a deal with the devil you better think twice about backing out.
They better XRAY every bar for gold content. Make sure it's not 92% or lower.
"Make sure it's not 92% or lower"
a "GOOD DELIVERY" bar is .9999 pure.
Their are no exceptions.
there will be.
Since when? A Good Delivery Bar assays at .995 Fine.
WE DO NOT WANT ANY MISINFORMATION ON THIS WEBSITE...
The Banksters are professionals at feeding misinformation. Are you working with them?
From the London Bullion Metal Association:
www.lbma.org.uk/assets/GD_Rules3.pdf
ON PAGE 10
8. Specifications for a Good Delivery Gold Bar
The physical settlement of a loco London gold trade is a bar conforming to the following specifications:
Weight: minimum gold content: 350 fine troy ounces (approximately 10.9 kilograms)
maximum gold content: 430 fine troy ounces (approximately 13.4 kilograms) The gross weight of a bar should be expressed in troy ounces, in multiples of 0.025, rounded down to the nearest 0.025 of a troy ounce.
Dimensions: the recommended dimensions for a Good Delivery gold bar are approximately as follows:
Length (Top): 250 mm +/- 40 mm
Undercut *: 7% to 15% Width (Top): 70 mm +/- 15 mm
Undercut *: 15% to 30% Height: 35 mm +/- 10 mm *
The undercut refers to the degree of slope on the side and ends of the bar and is calculated by deducting the dimension of the bottom edge of the bar from the dimension of the top edge and dividing the result by the top edge dimension multiplied by one hundred to obtain the percentage undercut.
Fineness: the minimum acceptable fineness is 995.0 parts per thousand fine gold.
Marks: Serial number (see additional comments in section 7 above) Assay stamp of refiner Fineness (to four significant figures) Year of manufacture (see additional comments in section 7 above)
Settle down Tall Tom. Point I was trying to make was the purity. But yes you are correct.
Do you actually believe that some high-roller bullion bankers' hanging out here commenting?
Thanks for the clairification tho.............
Oh, and DON"T EVER YELL AT ME AGAIN.
BECAUSE I HAVE FULL CAPS AND I'M NOT AFRAID TO USE EM...
Hummmm ...
Does this mean that someone is going to have to change all the sticky labels on all the bars of gold for the next audit for someone else.
wait! i haven't stacked enough yet!!!
Get your gold while you can. 5% of your net wealth in gold is smart. 10% even better.
80% in Ag is even better.
Nahhh.. I prefer a solid mixture of lead and copper with some steel core added on accasion.
And if it moves at over 2500 ft/sec is all the better.
then i suggest you add some mercury for added fireworks.
Damn! I knew I should have held on to those old thermostats!
You can buy Mercury. Go to a Gold Prospecting Shop. I just vaporized (retorted) 3 grams tonight recovering Gold. I have got a couple of pounds of it. It is not that expensive.
always seemed obvioius to me; but for some reason people want to compete with central banks and their own goverrments.
not if you carry it all without a vehicle.
DoChen,
Was listening to an old Rickards interview.
The really old money(500 years +) invest 1/3 productive realty,1/3 fine arts. 1/3 gold.
And thats how they have kept their money thru' plagues, wars ,bubbles,and natural disasters..
Winston! I have seen variations on that theme. Old money that has been around for several generations is NOT kept by a bunch of spendthrift dummies!
Those numbers you cite are a good model, but there are countless other ways to diversify that lead to a similar end result: preservation of family wealth.
And diversification is smart. We are at 11% Au, 3% Pt and 1% Ag, numbers approximate as I have not run them in a while.
40% Au, 10% Ag, 50% cash myself,plus Pb , Pb projectors, and 12 months of victuals.
Good income still on my biz + 20% yoy.
Dumped all my RE last year.
Using the same distribution, passing the family fortune from one generation to another is safer, since 2/3 of it (gold + art) is not taxed.
My father and grandfather(both Swiss) had a different view.
Art is way overpriced right now.I will certainly look at it when it crashes again.
Tax will be moot I'm thinking.
You are referring to the complex and elegant "It fell off the boat and those guys over thee found it" wealth preservation technique.
Perhaps that was what teddy and Mary Jo were up to all those years ago.
Depends on your country: many nations WILL tax assets of that nature.
in u.s. if over $5 million or so, it's all taxable unless left to a citizen spouse or charity. the break is all capital gains disappear, whether taxable estate or not.
Balance of ours is our condo (debt free), our Peruvian bearing business (same, except some debt to me personally, but that's OK), some stocks & bonds (less than before).
Probably a very smart move selling your real estate, too easy to tax it, and as the other ZH article showed, commercial RE may not be so good.....
40 - 40 - 20 myself in terms of Au Ag Cash
6 mths food, water filters and stuff.
No firearms for me though (Canada) - however, not bad with a longbow.
Definitely bad being handicapped on firearms (Canada here too) but bows are very silent for use & reloads can keep happening as long as you can recover the arrows or make new ones. A lot easier to make than new bullets in SHTF. Gotta hunt to eat when you can't have stable land ownership for farming.
I am going to be writing a piece at my blog on "Plan B Countries". I already have various ideas. Many of you already know that we are fairly well dug-in down there in Peru should things go bad.
I would be interested in getting other people's experiences and views on this subject (of other countries to go to if America starts shooting down the drain). It is big subject, and it is serious, Sovereign Man type info is just not good enough... "Boots on the ground" (experiences) are much better.
Interested persons please gmail at my moniker above, let me know in "a little" detail what you have, and let me know how to attribute (a nickname) you in my piece.
Thank you in advance to any correspondents!
How about 92% ????
Is 25% bad?
BTFATH on zero volume and complete shit macro numbers.
Permission denied old chap.
its beginning.....gonna be fascinating watching the Federal Reserve try to control things this week......its an active month, June,
and, rumor is, they gots no gold left.....
Interesting...its the word FAITH..and it seems to be lacking in some circles now....and when it goes..all the dominos fall
+ 1
That word "faith" has another very positive meaning as well.
As Nietzsche says, a stroll though the mental institution proves that faith proves nothing.
Nothing came from Germany's audit. Perhaps, infinite NSA spying and blackmail has its advantages. What will Austria do if all its gold is now in Shanghai or Mumbai? Someone will sell a billion dollars worth of gold in a second repeatedly and buy back all of Austria's gold in a week or two at low prices.
The problem is that even if Austrians were allowed to inspect their gold, it says absolutely nothing about the gold ownership. In fact, 150 tons is not too much and they can still have such amount available in London. London can relocate this gold to the Austrian vault and pretend it's theirs. They can even recast the gold bars and imprint the original serial numbers if necessary. Also, any other audit can be managed this way, by relocating the same gold to the vault of country interested in performing the audit. This comedy can work pretty well as long as single country is allowed to enter and inspect its gold at the same time, which shouldn't be a big problem to arrange for London.
That is, whether Austrians are allowed to access their vault or not, they'll find out nothing relevant. The only way to ensure their gold is actually theirs is repatriation.
+1
Auditing is just a trick to convince skeptics in Austria. One can easily find the gold for audit only.
The real deal is to bring the gold to Austria, that requires courage. Will never happen..
The gold isn't there Austria, are you the only shitbirds that don't know that?
The whole west has no gold dumbasses, Bernanke said it was only held out of tradition.
The problem is that even if Austrians were allowed to inspect their gold,
Will the Chinese permit that? I think not.
Is it just me picturing competing auditors for different nations showing up, and some lackey running between doors switching signs and moving gold on a forklift between vault back doors, all to the sound of Benny Hill chase-music?
There's how much recasting capacity in the UK again?
Just give the U.K. another 7-10 years to sell some bonds and make cuts to the National Health Service.
The FED promises to repatriate German Gold too, but they need 7 years (maybe more, it's all in China).
Hey Ebbie I'm guessing the Fed. would have mine an asteroid to deliver Germany's full "physical" allotment?
Yen, would the Fed Mine let me have the iridium?
:)
lulz
+ 1 to balance out the dickhead... Smile,,,
Thanks Do Chen. The Chinese AnAnonoclown markets are opening in a few hours, and I'm sure there's few Yen longs that love me as well. ;-)
Just as soon as Nibru comes back into our solar system, the Anunaki will settle all debts ;-)
http://www.bibliotecapleyades.net/sumer_anunnaki/anunnaki/anu_18.htm
I'm hoping you are taking the piss.
For your sake!
I'm joking around, but it would explain the Pyramids, and lots of other archealogical sites and stones and monoliths that all our modern engineering and machinery can't accomplish or duplicate. Precious metal are the only true money; with or without aliens.
ebworthen +10 i hear you about the Anunaki ,Pyramids & stuff.
https://www.youtube.com/watch?v=DwCaZaSon9A&list=TLFqKr2rStbOpS2TAY6GIEa...
Apparently the pyramids were built by maritans. Martians!!!
Cartel springing into action now, trying to ram down gold at the open......is this what panic looks like?
If it's not safe enough to hold your gold in your own country then it must not be a safe place for your citizens either.
Here ya go you stupid gullible fukkerz.
http://www.krylon.com/products/premium-metallic/
Fuck the USSA says Austria and Germany.
Tryin' to say "not their first rodeo"?
These folks have had Empires...and they have seen their Empires collapse of their own weight...and they've seen "some Corsican dude" come out of nowhere and wipe their otherwise perfectly good Empire "as if it never existed."
Go figure.
The Guardian reports:
"The Bank of England because of great appreciation will treat the Austrian Independant auditors with the same respect as delegates. The proceedings will start with a wine and dine day finished with a night with England's finest and most accomodating citizens.
The following morning - the Auditing team will have absolute and unprohibited access to all terminals and view the Austrian segregated bank accounts where the GLD certificates are held."
As an important, additional layer of security, the certificates are held in fireproof boxes.
Hopefully not in the fine, fireproof custodial care of Iron Mountain.
Hookers and blow for the auditors before they get to see some stupid fake paper certs that were printed the night before?
And Austrians are paying for this crap?
You kidding?
The hookers will be in the vault with gold body paint. Every auditor will sign off they saw gold, lots of gold & nothing but gold.
As far as I know nobody has analyzed to what extent crossholdings inflate reported gold holdings.
Countries report their gold holdings as the sum of actual gold held and gold receivables. Because of crossholdings, this means that all countries in total report higher gold holdings than all countries in total hold actual gold.
That is why the only way to get the correct answer is to audit everyone at once and net it out.
But I think everyone is afraid of the correct answer
But I think everyone is afraid of the correct answer
Probably why it won't happen. Who would fire first if it did?
Papers are mixed up. Vessel is heading your way. Container may get refused. Can you wire more money to cover US customs? This is the daily fuck-up in moving global product around the world.
Shoot these motherfucker at their office when they ask for more monies. This is how we will break down crime. The dipshit fucker back in the Washington DC office is going to get arrested. Follow the taxpayer money flow..
This gold can easily be recovered with your help but it has been stuck on a transport ship that has lost its papers.
Please wire money to ____ and this ship will be able to leave dock at Nigeria and arrive safely in Austria.
re First Germany, Now Austria Demands An Audit Of Its Offshore (ie London/New York) Held Gold
What took them so long???
They were afraid of the answer lol. But it looks like you bitchez here have figured out how to have a successful audit.
I was wondering the same thing. If I were Austria, I would have asked to see my gold long ago.
Got Gold?
Q: how long does it take to change the sign on a vault room door from "Germany" to "Austria"?
A: About the time it takes to wine and dine a group of auditors.