This page has been archived and commenting is disabled.
‘Secret’ Gold Repatriation: the Banksters’ Newest Bullion Scam
Many previous commentaries have detailed the mounting crises faced by the One Bank in its own paper-bullion markets. Invariably, these “crises” are 100% self-created. This is easily illustrated by reviewing a few of its current (increasingly serious) problems.
1) No one has seen the 10,000+ tons of gold which the U.S. government claims to have been storing (on behalf of itself, and other nations) for roughly 60 years.
2) The reason why no one has seen this gold is that most of it does not exist, and of the small fraction that remains, any audit would reveal that every bar had been pledged to numerous (dozens of?) owners.
3) Those owners are now “requesting” (demanding?) that their gold be returned to them.
Why does the U.S. government (and its Big Banks) no longer hold all the gold that it used to hold – and still pretends to hold? The short answer is that the One Bank is a clan of psychopaths, which chooses to employ psychopaths as most of its senior henchmen.
The somewhat longer answer is that one of this crime syndicate’s most important strategies in operating the massive paper-currency fraud it has been running for the past 44 years is the suppression of gold/silver prices. Gold and silver are the monetary “canary in the coal mine” which would (normally) alert the world to paper-frauds of this nature/magnitude.
The “modus operandi” of all psychopaths in performing most tasks is overkill. All that the banksters needed to do in this operation was to dribble-out a few hundred tons of gold per year onto the market. In conjunction with their endemic market manipulations; that would have been sufficient to keep prices under control – and they could buy back what they dumped onto the market out of annual mine supply, thus maintaining this operation in perpetuity.
Instead, being psychopaths; the One Bank and its minions chose to crush the precious metals sector. More than 90% of the mining companies were driven into bankruptcy, minimizing annual supply. Compounding this, excessive price-suppression of gold and silver meant that both metals were perpetually “on sale”, stoking (if not maximizing) demand.
The One Bank took a sector which was in balance (the natural state of all markets/sectors), and created a massive, permanent, structural supply-deficit. Thus not only were the banksters dumping excessive amounts of their bullion (gold) stockpiles each year to maintain their excessive level of price-suppression, they were forced to expend large, additional quantities of those stockpiles simply to meet the excess demand which was created by their (psychopathic) overkill.
To attempt to mask this massive, self-created bullion crisis (rather than simply curb their own psychopathic behavior); the banksters initiated numerous other, massive frauds in the precious metals sector. These include their sham “leasing”, “hedging”, fraudulent accounting of inventories, and their ultra-absurd“leveraging” of the entire paper-called-gold and paper-called-silver markets – at some extreme ratio in excess of 100:1.
As with most of the One Bank’s self-created economic “crises”; its preferred method of dealing with this problem has been to pretend it didn’t exist. But (as the banksters are now discovering) such self-delusion does not suffice when the nations who believe that the U.S. government is storing gold on their behalf ask that this “gold” be returned to them.
First it was Germany, and then it was Austria, Belgium, Netherlands, and France. All of these nations have either made formal requests or statements of intention that they want their gold. It was the first (and most-public) of these “gold repatriations” which exposed the obvious fact that the gold supposedly stored in the U.S. wasn’t there.
To begin with; Germany only requested a small fraction of its gold. Secondly, the “repatriation” was spread-out over a ridiculously long period – seven years – when (as we later found out) the entire process could have been conducted in a matter of weeks. Finally, as detailed at Zero Hedge; the U.S. had been unable to comply with even these feeble/minimal deliveries.
Then we had the strange case of the Netherland’s “successful” repatriation effort. What made it “strange”? Primarily, it was the fact that it was done in secret. What was also strange (given Germany’s prior failure) is that the Netherlands got all its gold (more or less) in ‘one gulp’, in a process which – we are told – took only a few weeks.
Despite the cloak-and-dagger nature of this gold “operation”; most were inclined to accept this “secret gold repatriation” at face value. The reason for this is that it was considered quid pro quo: a reward for the complicity of the Netherlands government in the “MH-17” cover-up. However, suddenly, we must now question whether this entire episode was simply more of the One Bank’s disinformation.
What has changed here – suddenly – is the “breaking news” (also covered at Zero Hedge) that now, supposedly, Germany’s government has been able to secretly, successfully “repatriate” a large quantity of its own gold, the same gold which it was totally unable to obtain via an open, public process.
Here it is important to step back, briefly, for some historical context. Why were all these thousands of tons of Europe’s gold ferried across the Atlantic to the United States, in the first place? Two reasons. First of all; it was done on the eve of the Second World War, when Hitler’s rapacious intentions were already obvious.
The second reason it was considered imperative to move Europe’s gold to the U.S. (where Hitler couldn’t loot it) was because at that time the world was still on a gold standard, making gold a primary strategic asset. For these reasons; the transfers of gold to the U.S. were conducted with the utmost secrecy.
But flash ahead 75 years, and the world is a dramatically different place. There is no “Third Reich”, or other foreign menace threatening Europe, which is one reason why these nations are now asking that their gold be returned. Equally important, the world has not been on a gold standard for more than 40 years.
Not only is gold no longer a primary strategic asset (at least at the moment), but officially (according to the banksters) it is a mere “barbarous relic”. Putting these obvious points together, we arrive at a simple conclusion: there cannot be any possible legitimate reason to engage in these “gold repatriations” in secret.
Conversely, there is one gigantic, obvious motive for why the One Bank would instruct its puppet governments to “repatriate” Europe’s gold “secretly”. What is the only, possible way to “repatriate” gold which doesn’t exist? Do it “secretly”. Here we need merely reference the 60-year farce inside the U.S., where no one has seen the gold since the 1950’s, yet officially no one questions its legitimacy (let alone its existence).
Compounding the absurdity of this new gold-scam; we’re now told that the “gold transfers” to Germany are not only also “secret”, but retroactive. As recently as Christmas of last year; “officially” we were told that virtually none of Germany’s gold stored in the U.S. had been returned to it.
But flash-ahead a mere six weeks; and now we’re supposed to believe that all during the months we wereofficially told that virtually no gold was being shipped to Germany at all, that shipments were regularly taking place – “in secret”. Could not have happened.
As also documented by Zero Hedge; again and again over the past 6 months, various German officials have assured Germans that their U.S.-stored gold was “totally safe”, and thus it wasn’t necessary to repatriate it. This additional layer of lies would have been entirely unnecessary if the gold was actually (secretly) being shipped back to Germany, and would accomplish nothing — except to make those officials look foolish, in hindsight.
Conversely, “assuring” Germans (again and again and again) that their U.S. gold was “safe” is/was precisely what we would expect these stooges to say and do if there was simply no gold to transfer. Now, if all of Europe’s mythical gold is “secretly” shipped back to the vaults of its own (corrupt) banks, then – so the banksters hope – it can mythically exist in their vaults (with no one ever allowed to see it), for the next 60 years or so. Problem solved.
Of course if it took one, intrepid writer only about thirty seconds to see through the One Bank’s latest gold-scam, chances are that this sham won’t fool very many people, for very long. There can be no possible, legitimate reason to do any of this (supposed) gold repatriation in secret. Not only is there no positive reason to do this, there is an obvious reason not to do so: expense.
Doing anything “secretly” means doing it more expensively, starting with the additional “security costs” necessary to maintain the secrecy. If the U.S. government was a prosperous nation, wallowing in a large budget surplus; one could understand such ostentatious secrecy.
However, as the world’s ultimate Deadbeat Debtor, which has had to (literally) resort to counterfeiting its own currency – by the $trillions – merely to stave-off its own bankruptcy; clearly it would need to conduct any trans-Atlantic gold repatriation via economy class. Of course with the U.S. government actually “shipping” nothing (other than more lies), it can afford to go first-class, all the way.
»
- advertisements -
Not that it matters but my post didn't posted.
the truth is always hated. honest people are hated the most.
covert.co.nr
I like goverbank over "the one bank"
It was shipped in secret to avoid Pirates.
Genius! Instead of replacing the imaginary gold in the US with real, just repatriate imaginary gold. In both cases its locked up where no one can see it. Who would know?
It is genius, isn't it?
But best of all, since no costs will be incurred packing, transporting, guarding etc. any actual "gold", all those savings can be passed on directly to the taxpayer!
Question: I just started seeing... or perhaps just started noticing this term "One Bank". What does that mean, and how long has that expression existed?
pretty sure it refers to the Bank of International Settlements.
The "One Bank" meme certainly has been popping up over the last few days.
I like it, since I'm a Lord of the Rings fan, and truly the One Bank intends to dominate all life on Earth, Middle or otherwise.
Ah... "the One Bank to rule them all". Interesting metaphor. With the very appropriate implication that all the central banks work together as the One... something more folks need to understand. Makes sense.
Exeter bitchez!
How much of the gold in U.S. Reserve comes from dirty-gold stolen by the nazis during WW2? I bet the current fascists running Washington don't want to go there after supporting neo-nazi groups in the Ukraine that overthrew a democratic elected government.Where did the 33 metric tonnes of Ukrainian gold end up and where is the Libyan gold?So,they need it to feed their deadbeat puppet slaves in Europe.By the way,the Americans have talked these fools in the EU through their Goldman Sachs leadership into quantatative easing.Their goal is to destroy and control Europe.QE will wipe them out,just like the plan did to the States,making them debt slaves to Communist China that took all the manufacturing base but left Americans hamburger-flipper and Wallymart jobs.Anything to keep a failing military and its shit-ass foreign policy alive to the end.Just like Rome,shell bust down into a Detroit countrywide.
OK BUT
You move jobs offshore where you pay nothing. Then you use that "down-sizing" to cut union/workers riights with the meme "we need to become competitive"...then you encourage debt as you know it will pay off into the future to facilitate workers willing to work for less than cost of living ( 2-3 jobs to meet the rent)...then you legislate into existence On-the-hook deals so what little is left of subsistence is scooped, Do I have it yet?
So we are now at the moment when the "system" will collapse (if they get lucky then war will make more money). Then all the trillions in retirement plans are pledged or raped,,,,and yeah. Does anyone actually here think that the major money will be brought down here??? I am mean really?
The real "bankers" may lose a bit but we will pay. Us slaves. And they get luckier because some of the "upstart" new money gets taken out. And the actual power centre gets smaller and smaller. And the reach gets wider.
It was obvious from the get go that the recent Netherlands gold repatriation was just a sham.
Just allow me to obtain a couple of pounds (either in coin or bar) before the real cat is out of the bag...Pretty Please.
need more "fiat"
So...Perhaps the "gold" was merely a transfer of USD in the amount that would pay for the gold on the open market... at these suppressed prices?
Jeff- Another great article as always. Thanks for bringing it all together, clearing the smoke, breaking the mirrors and keeping this issue on the front page.
Jeff is a Canadian treasure with proven assets and a grand point of view. Hope you do not mind me sharing your home link to years of valid commentary and research.
http://bullionbullscanada.com/
And. I do not agree with you always. But that is not the point? Is it.
Any entrepreneurs out there? Maybe we can tweak this into a gold verification service and get a fat contract from Uncle Sam:
http://jezebel.com/5985300/incredibly-expensive-fake-internet-girlfriend...
Me thinks thou doth protest too much. Rand Paul to Mr Yellon
If we all pretend that Putin is the new Hitler we can ship the pretend gold straight back to the good old USA and pretend that all is well.
Demanding to see your countries gold is like demanding the currency to be backed by such gold, probably never happen, until the sheep are on the edge of the cliff.
The only plausible reason for such blatant obfuscation- the Gold Crooks didnt want to announce to the world the fact that billions of dollars worth of gold bars were about to be going mobile, unsecure for however many days or weeks.That actually makes sense.
If that's the case, the Gold Crooks should have said so. But they didn't. Because Gold Crooks.
What they don't want is something all currencies can be compared to.... as long as they are all comparing currencies to each other.. they can all lie out their ass.. and that my friend is the Common Denominator..
The only one I trust with my gold is Úrsula Buendía.
My post hole digger with long handles.
....and the absolute beauty of this scam "system" is that there is not one single human being that can / will be held responsible.
Wanna bet?
http://www.Justice4Humanity.org
While a lot of the content of this article may be true, the blantant assumption of what the author is trying to prove makes it rather uncredible as an article. It reeks of fanaticism, really.
How is this any different then our acceptance that fiat money has value. You exchanging your labor for pieces of paper reeks of fanaticism also.
I agree. For example in the case of the Netherlands, it's perfectly rational if you wanted to move large amounts of gold around to keep it a secret. Would you tell everyone when you decided to move your own gold??? Didn't think so.
What??? If a lot of the content is palusible, then why is his assumption DOA?
Haven't you seen enough conspiracy 'theories' become conspiracy facts recently to see through the hocus pocus?
I think the FACT that the Germans went though the trouble to recast the gold bars (after checking to see that the serial numbers matched their records of course and verifying that the gold was indeed their original gold - lol) speaks volumes. Why would they go through the trouble and expense to recast the bars IMMEDIATELY upon receipt unless they were, in fact, some other variant of what they had on deposit. This fact alone suggests that there was a problem with the serial numbers and they gave the US a reach-around so that fact would be forever buried.
Fanatacism you say?
They recast it to see whether is was pure gold or a tungsten/gold hybrid
Ray that would be my plan right off the bat too.
Germany made their request before the April 2013 'take down'. IMO, that gold came out of the US stock, thanks to the anointed one in the white house. That would explain the recasting. It's treason.
There is a reason to do transfers in secret - watch the Italian Job (1969 version)!
But I think we should now see the European Nations auditing their gold - just to be sure.
Well...that's just it isn't it? "The more plausible explanation is that the euro is worthless and so everyone in Europe wants their gold back."
You don't hear the USA demanding its gold back from anyone.
Ref: "You don't hear the USA demanding its gold back from anyone."
Here is an example:
http://tinyurl.com/o4f8nrh
The Emperor's New Gold!
Exactly...."who cares about the Candian dollar anymore?"
Shell game.
There is no pea.
Well, there is, but it's in China.
Lies are a helluva lot easier to come by than gold.
Hmmmm
German citizen - I want to see the national gold reserves please you say we the taxpayers own.
Dutch citizen - I want to see this national gold reserves you say we the taxpayers own.
The probability of a fraud being revealed just increased and would a citizen have a reasonable request to view their national reserves ... I think so.
dare you to ask.... :)
easier to track cocaine than gold! heroin easier yet, just follow the military planes from afganastan.
Hense that citizen would be introduced to the nail gun and wish that they never asked
I dare you to submit this to Martin Armstrong for comment.
With a strong dollar right now, the US Treasury should just push a bunch of ones and zeros on a Fed banking terminal, and "pay" Germany and any other country that wants their gold tonnage, effectively "buying" it at market value plus a little juice, and being done with this problem.
Money, for nothing....and the chicks (and gold) are free!
It is possible buying gold to placate Germany would solve nothing as the stash has been sold as much as 100 times. There is no bottom here.