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Why Were The Trillions In Fake Bonds Held In Chicago Fed Crates?

Tyler Durden's picture




 

While there is precious little in terms of detail coming out of the latest and literally greatest "fake" bond story in history, the BBC has been kind enough to release the pictures of the boxes that the supposedly fake bonds were contained in. While we reserve judgment on the authenticity of the bonds, what we wonder is whether the boxes were also fake. Because while we can understand why someone would counterfeit the Treasury paper itself, what we don't get is why someone would go the extra effort to also create a "fake" compartment in which to store it. In this case a compartment that is property of the "CHICAGO FEDERAL RESERVE SYSTEM." Perhaps Fed uberdove and Chicago Fed President Charles Evans will be kind enough to explain why Versailles Treaty Chicago Fed crates are floating around in Europe (and filled with $6 trillion in supposedly fake bearer bonds)?

What is also interesting is that a simple google search for Mother Box Treaty of Versailles yields the following:

Transferring rights over Mother Box Treaty of Versailles 1934-Illinois Bank

 

We transfer rights over Mother Box Treaty of Versailles 1934-Illinois Bank having the next status:
1. Has been verified by the authorities, being legal, certain and real existence.-
2. With SKR in an Reputable Security House in an European Country .-
3. History of mother box and baby boxes (13 ) certified by a public notary.-
4. Print amount in the front of Mother Box includes:
M.B. Control...G7777xxxxxxxxxxxx
Serial
Sec Code
Public Debt Nº
Total Face Value: Three Trillions
5. Inside 13 baby boxes closed, with certificates, numbers, size and height.-
6. 13 JPG Images (In High Definition) Front, Up, Down, Right, Left, Inside, each with notary seal and sign.-

 

Transfer rights under conditions as follows:
1. Deal only with direct interested with Bank POF (Proof of Funds) in hands (Non negotiable point).
2. No broker chains or pretenders in the middle.
3. Verification when buyer wants and wish face to face.
4. Meeting with the owner without problem, ever in the European Country.
5. We are able and open mind about any reasonable offer.
6. We not send images, numbers of information in advance.
7. First step for any interested person: LOI and Passport.
8. Second step: We reply with the same.
9. Third Step: Both parties disclose addresses, phone numbers, mails and skype (Owners don´t speak english)
10. Operation is clear: after all previous steps is Box against Money.

If interest please write to secretisimo@mail.com

 

And some other examples of Chicago Fed Mother Boxes courtesy of divinecosmos:

 

And below is a fascinating, if entirely uncorroborated account on the provenance of these boxes, once again courtesy of Divine Cosmos. Unwittingly, the counterfeiters may have stumbled upon something they had no idea about:

 

 

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Fri, 02/17/2012 - 14:43 | 2170595 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

A lawsuit has been currently filed in the southern district of NY asking for these "fake" bonds to be return to the real owner. A lot of effort and bravado to get just "fake" bonds returned.

Read the complaint filed by attorneys of a respected lawfirm attesting to a reasonable belief in the truthfulness contained therein under penalty of sancation under the federal rules of civil procedure. The complaint is an Eye opener. They are gold backed bonds.

BTW Tyler's. Never I got response TY email (or the requested name change) for tipping you off... Don't care about the TY TY but can I please get the name change?

Fri, 02/17/2012 - 14:26 | 2170596 aleph0
aleph0's picture

 

 

 

 

Because the NY ones were already full ?

Fri, 02/17/2012 - 14:51 | 2170726 thomcat00
thomcat00's picture

I thought all the Treasuries issued these days were fake.

Fri, 02/17/2012 - 14:56 | 2170751 OldPhart
OldPhart's picture

Ummm, if we got all the gold, why do we still have the certificates?  Aren't they the receipts for the gold?

Fri, 02/17/2012 - 14:56 | 2170756 silverserfer
silverserfer's picture

"this artifact looks like a fossilized turd,  shit out by the banking elite. Proof that this elusive creature exists" - Geraldo Rivera

Fri, 02/17/2012 - 14:58 | 2170763 Ignatius J Reilly
Ignatius J Reilly's picture

so wait, this is all a "truther" hoak?

 

Dude, some people have WAYYYYYY too much time on their hands.

Fri, 02/17/2012 - 15:04 | 2170797 Snakeeyes
Snakeeyes's picture

It is the Al Capone treasure that Geraldo was looking for in Chicago in 1986! No wonder poor Geraldo couldn't find anything but The Chicago River.

http://confoundedinterest.wordpress.com/2012/02/17/fake-us-treasury-bond...

Fri, 02/17/2012 - 15:11 | 2170831 freedomfries
freedomfries's picture

To the skeptics as to the authenticity of these bonds. ask yourselves WHY would a counterfeiter make them?

If I was trying to defraud someone with a fake financial instrument, I would try to forge something rather mundane, like a 30 year bond of recent issue.

What I WOULDN'T do is forge an OLD arcane bond that no one has heard of, with a ridiculously large denomination that is bound to attract scrutiny and mistrust, and put them in a vintage pirate chest... Good luck trying to fly under the radar with that. Anyone who can painstakingly craft a prop of such high quality would have had the presence of mind not to print something with a face value of "1 Gazillion Dollars"...

These aren't forged. But time will tell...

Fri, 02/17/2012 - 16:19 | 2171154 Seer
Seer's picture

I think that it all depends on how traceable things are, from years ago versus today.  And given the shoddy record "keeping" of today I then commence to scratch my head...

Fri, 02/17/2012 - 23:23 | 2172241 chindit13
chindit13's picture

You write, ask yourselves WHY would a counterfeiter make them?

Perhaps it is for the same reason that out of the seven billion people in the world, Yassar Arafat's barber's widow would contact ME, because my name was given to them as a truthworthy soul, so that I might use my bank account to help them transfer $167,472, 266 (one hundred sixty-seven million four hundred seventy-two thousand two hundred sixty-six) that the late Mr. Arafat had hidden in Bank of the Middle East, Palestinian Authority Branch, 123 George Habash Blvd., Gaza, and for which I will receive 20% off the top. 

Yes, the answer is that someone like you will believe it is real.  Nigerian 419.

Sat, 02/18/2012 - 00:51 | 2172359 SillySalesmanQu...
SillySalesmanQuestion's picture

+1000

Fri, 02/17/2012 - 15:14 | 2170845 Bernank Sheeple
Bernank Sheeple's picture

Greenspan brought down the world trade center? Did I read that right.

Fri, 02/17/2012 - 15:16 | 2170856 RabbitHole
RabbitHole's picture

Here is the civil action case #8500 filed in NY federal southern disctrict court the day before THANKSGIVING demanding that $135B in "fake bonds" back...you can register for PACER and get it through the courts if you like...

http://www.rumormillnews.com/pdfs/11%20civ%208500%20Keenan%20Complaint.pdf

The deeper you read into this and the black gold (unofficial) you begin to see the STRUCTURE of the duality we currently accept for face value.

TD has identified DivineCosmos as the go to for the full story...but consider its laced with disinfo...

There are two markets for "public" debt and one is public, the other private and this is also true for gold...consider all the gold that has been confisgated during the 20th century...do the math...they pulled gold filing on teeth in Germany! Well the black gold supports the private/public debt market...so its like one house of cards supporting another supporting the Mall of America...

Once you start to realize there is a parellel money system as their is a parrelel legal system which there is also a parellel government (ETC)...the totaility of our ignorance only pales in comparison to our capicity for violence upon those responsible.

Please take a look in the mirror and stop projecting your insecure fears onto leaders you A, voted for, B SILENTLY CONSENTED TO

LAW MAXIM - SILENCE IS ACQUIESCENCE! Tacit consent! WE DID THIS TO OURSELVES...humans...did this to humans...leaders didnt do this to "voters"...

Who was it that said, the only news is the history you don't know...or something along those paraphrased lines...

PS...get a Black's Law dictionary (preferabbly no later than 6th edition) and start deciphering what is really being said any time "they" speak...you keep using street English decoder ring and they are speaking in Legalese/Legal English. 

TGIF :)

Fri, 02/17/2012 - 17:57 | 2170889 lamare
lamare's picture

There appear to be more of these boxes as well as bonds and there are strange things going on.

With some googling for images with “Morgenthau bonds” I found this site with some high res images of cotton bonds and another box . And the good part is, these bonds are for sale ;D

http://english.arthur-stern.de/index.php?look=1218388570

Attention! A unique bond Serie 1934 No. “D 04143737 A”, with nominal value of 100 million dollars, is sold privately. Its price hasn’t been established!

The sale will be take place by tender. All those who wish to buy the rarity can just send an application with indication of offered price by fax: +49 (0) 40 325 07 998

If the price is ok with the seller, an agent will contact the buyer and discuss terms of verification, sale and transfer of the bond

The guy also has a Youtube channel:

http://www.youtube.com/user/Stern7949

In this vid, he shows a bond:
http://www.youtube.com/watch?v=nA21oSoiARs

There are some very high res pictures:
http://english.arthur-stern.de/index.php?look=1218370604

With bond numbers, etc.

Googling for “yamashita gold federal reserve bond” resulted in some more interesting images:

Here a save-keeping receipt for two 500 million US treasury bonds:
http://codenamejumper.wordpress.com/tag/96-miliardi-di-euro/

Here what appears to be interesting information on the collateral accounts, including some pictures with gold allocated to Soekarno in Basel:
http://www.bibliotecapleyades.net/sociopolitica/sociopol_globalbanking96.htm

And here some pictures of another find in the Philippines:
http://cagayandeorojournal.blogspot.com/2007/07/billions-of-us-treasury-bonds-unearthed.html

Another very interesting document which appears to contain a lot of information on a.o. the Black Eagle fund, etc. is “Collateral Damage (Part 2): The Subprime Crisis and the Terrorist Attacks on September 11, 2001? By E.P. Heidner:

http://www.scribd.com/doc/9421535/Collateral-Damage-Part-2-The-Subprime-Crisis-and-the-Terrorist-Attacks-on-September-11-200126122008
http://www.scribd.com/mobile/documents/9421535

Here’s another source where these bonds have turned up. This time in France/China:

http://adscriptum.blogspot.com/2011/04/exclusive-mr-yin-mr-yang-200-billion.html

 

This paper (with references) confirms that Treasury notes with nominations as high as $500 million HAVE indeed been issued by the US Treasury:

http://www.ehs.org.uk/ehs/conference2005/Assets/NollFullPaper.doc

A Paper for Presentation at the 2005 Annual Conference of the Economic History Society at the University of Leicester, 8-10 April 2005

By Dr. Franklin Noll

Introduction
For most of their history after World War II, Treasury notes have been issued with denominations never rising above a high of $1 million. Yet, from 1955 to 1969, the Treasury issued Treasury notes with the added denominations of $100 million and $500 million. The purpose of this study is to determine why the Treasury issued these very-high-denomination Treasury notes and why it stopped doing so.

This guy also has more interesting papers:
http://franklinnoll.com/Treasury-Securities-Knowledgebase.html

This pdf, for example, shows that there multiple treasury notes with high nominations were issued:
http://franklinnoll.com/Vol_10.pdf

For example (page 5):

Treasury Notes: Series A-1947
Description:
Authorizing Act (s):
24 September 1917, amended
Liability:
Public Debt
Issued for:
United States Treasury
Instrument Type:
Note
Conditions:
Interest: 1.50%
Maturity: 4 years
Redeemable: on maturity [15 September 1947]
Callable: n/a
Sold at: par
Denominations:
Negotiable:
Coupon: $$500, $1,000, $5,000, $10,000, $100,000, $1,000,000
Non-Negotiable: n/a
Issues:
Series A-1947 [12 July 1943]
Source(s):
Annual Report of the Secretary of the Treasury, 1943: 327.

The Annual Reports of the Secretary of the Treasury can be found at archive.org:
http://bit.ly/xO5ehk

This one should be very interesting. The one from 1934:
http://www.archive.org/details/annualreportofse1934unit

And 1935:
http://www.archive.org/details/annualreportofse1935unit
http://www.archive.org/stream/annualreportofse1935unit/annualreportofse1935unit_djvu.txt

Very interesting that here you find the proof that bonds with attached interest coupons WERE issued (which is now being denied by the FED IIRC) and with nominations as least $100,000 as well:

[Treasury notes, series D-1936. Department Circular No. 522]

Treasury Department,
Washington, September 10, 1934.

EXCHANGE OFFERING OF NOTES

The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved September 24, 1917, as amended, offers for subscription, at par, 1% percent notes of the United States, designated Treasury notesof series D-1936, in payment of which only Treasury certificates of indebtedness of series TS-1934, maturing September 15, 1934, may be tendered. The amount of the offering is limited to the amount of Treasury certificates of indebtedness of series TS-1934 tendered and accepted.

DESCRIPTION OF NOTES

The notes will be dated September 15, 1934, and will bear interest from that date at the rate of 1^^ percent per annum, payable semiannually on March 15 and September 15 in each year. They will mature September 15, 1936, and will not be subject to call for redemption prior to maturity.

The notes shall be exempt, both as to principal and interest, from all taxation (except estate or inheritance taxes) now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority.

The notes will be accepted at par during such time and under such rules and regulations as shall be prescribed or approved by the Secretary of the Treasury in payment of income and profits taxes payable at the maturity of the notes.

The notes will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege.

Bearer notes with interest coupons attached will be issued in denominations of $100, $500, $1,000, $5,000, $10,000, and $100,000. The notes will not be issued in registered form.

 

Googling for “series of 1934? (with the “” also in the google search bar) delivered more interesting stuff, like:

http://www.highdenomination.com/Gold_Details.asp?id=904

This listing, of a $100,000 Gold Certificate, is intended for educational purposes only. I do not own this note, nor have I ever owned it in the past. The description and the scan were uploaded in response to the many people who claim they have a genuine $100,000 Gold Certificate, and would like to know a little more about their note. This then is for you.

The $100,000 Gold Certificate is the highest denomination ever printed for all Federal paper money in the United States. The notes were dated Series of 1934 and a total of 42,000 units were printed. Depicted on the front of the note is Woodrow Wilson, 28th President of the United States. He served as President from 1913 to 1921.

It is important to understand that $100,000 Gold Certificates (like the one pictured) were intended for use in FISCAL CHANNELS ONLY. They were never issued for general circulation. The notes are strictly government property and are not legal to collect or own.

Of the 42,000 notes printed, there are no notes outstanding. In other words, all the notes that were printed are accounted for.

Interesting contradiction. How can you have “many people who claim” when “all the notes that were printed are accounted for”?

Well, they were “accounted for” by wiping “approximately $100 million in gold, silver, and other assets as security for this old currency” under the carpet in 1961:

http://fraser.stlouisfed.org/docs/historical/senate/senate_frdp_old1960.pdf

BILLS TO EXTEND AUTHORITY OF FEDERAL RESERVE BANKS TO PURCHASE TREASURY OBLIGATIONS AND TO AUTHORIZE ADJUSTMENTS IN ACCOUNTS OF OUTSTANDING OLD SERIES CURRENCY
JUNE 24, 1960

COMPTROLLER GENERAL OF THE UNITED STATES,

Washington, March 9, 1959.
Hon. A. WILLIS ROBERTSON, Chairman, Committee on Banking and Currency, U.S. Senate.

DEAR MR. CHAIRMAN: Your letter of February 27, 1959, acknowledged March 2, requests our comments on S. 1177.

The bill would authorize adjustments in the accounts of paper currency issues of the United States issued prior to July 1, 1929, and gold certificates issued prior to January 30, 1934, and the writing off the Treasury statements and accounts of the amount of each denomination of each kind of old large-size currency now outstanding that has been destroyed or irretrievably lost and which in the judgment of the Secretary of the Treasury will never be presented for redemption. The effect of the proposal would be to improve the cash position of the Treasury by more than $100 million.

We believe that the purpose of S. 1177 is meritorious and would have no objections to its enactment.

Sincerely yours,
JOSEPH CAMPBELL, Comptroller General of the United States.

The CHAIRMAN. S. 3714 would authorize the Treasury to adjust its accounts with respect to the large size currency issued by the Government prior to 1929 and with respect to about $12 million of gold certificates issued between 1929 and 1934.
The Treasury and the Federal Reserve System are holding approximately $100 million in gold, silver, and other assets as security for this old currency. This includes about $61 million in gold and silver reserves held by the Treasury and about $37 million in reserves held by the Federal Reserve banks to secure Federal Reserve notes.

The bill would authorize the Treasury to transfer the amounts of this old currency from its currency accounts to the outstanding public debt, to be reported as part of the outstanding public debt, in the same manner as Federal Reserve bank notes, national bank notes, and U.S. notes are now reported. The Federal Reserve banks would pay to the Treasury an amount sufficient to discharge their liabilities for outstanding Federal Reserve notes. This action would make available to the Treasury for current use approximately $3 to $4 million a year. Any of the old notes presented for redemption would be redeemed in regular course from the general fund of the Treasury.

The bill would also permit the Secretary of the Treasury to determine the amount of the old currency which has been destroyed or irretrievably lost and to reduce amounts of this old currency outstanding on the records of the Treasury. This action would not impair the redeemability of any currency subsequently presented to the Treasury.
The Treasury would be authorized to withhold from destruction one piece of each currency issue to provide a historical collection of the paper currency of the United States.

The chairman would state that that appears to be a rather technical provision, but he understands it just boils down to this, that a very substantial amount of paper money has been lost or destroyed and the backing for it in gold and gold certificates is still kept for its ultimate redemption. This proposal is that instead of keeping all of those assets locked up for a contingency that may never happen, the Treasury wants the privilege of saving about $3 to $4 million a year in interest on outstanding debt by using those assets to retire the debt to that extent, with a clear provision that if any of these old notes should later show up, they will be fully redeemed.

This act appears to have been enacted, but it may have been changed:

http://www.federalreserve.gov/aboutthefed/section16.htm

“The act of June 30, 1961, is the Old Series Currency Adjustment Act”

Also a very interesting detail can be found in several Treasury bulletins, like this one:

http://www.archive.org/stream/treasurybulletin1967unitaug/treasurybulletin1967unitaug_djvu.txt
“Excludes gold certificates, Series of 1934, which are issued only to Federal Reserve banks and do not appear in circulation.”

How can you have “gold certificates, Series of 1934? which are “issued only to Federal Reserve banks and do not appear in circulation” that have been DESTROYED or IRRETRIEVABLY LOST?

I mean, if these things were really only used by Federal Reserve banks, why on earth would you need an act to “authorize adjustments in the accounts of paper currency [..] and writing off [...]old large-size currency now outstanding that has been destroyed or irretrievably lost”???

 

And last but not least Lord James of Blackheath has spoken in the House of Lords holding evidence of three transactions of 5 Trillion each and a transaction of 750,000 metric tonnes of gold and has called for an investigation.:

http://www.rayservers.com/blog/lord-james-of-blackheath---15-trillion-do...

 

This story is getting stranger and stranger...

 

Oh, one more thing: this "series 1934" appears to refer to the design of the paper?/cotton bonds that was made in 1934. This does not mean the bonds themselves have been isssued only in 1934. They may have been issued years later, but I don't know for sure.

 

 

 

Mon, 02/20/2012 - 05:40 | 2177013 Disenchanted
Disenchanted's picture

+ 1000  excellent work!

Fri, 02/17/2012 - 15:34 | 2170925 Sandmann
Sandmann's picture

fax: +49 (0) 40 325 07 998

 

Hamburg

Fri, 02/17/2012 - 15:54 | 2171014 ParkAveFlasher
ParkAveFlasher's picture

Reading Benjamin Fulford right now, man is this stuff really happening?!

 

http://benjaminfulford.typepad.com/benjaminfulford/

Fri, 02/17/2012 - 15:57 | 2171032 Debeachesand Je...
Debeachesand Jerseyshores's picture

I think I saw those same boxes in a old Errol Flynn movie.

Fri, 02/17/2012 - 16:00 | 2171033 eatthebanksters
eatthebanksters's picture

The question which has not been asked,"Are there more of these boxes and/or bonds out there that have not yet been discovered?" Here's a question...If you found out that someone in your neighborhood had been passing counterfit bills in all denominations and that the merchants in your hood had been found to have a lot of the bogus bills mixed into thei rcash drawers, and, if you knew that by having possession of bous bills you could go to jail for 5 years, would you go shopping in your hood and accept change in any cash transaction.  Every bond holder in the world is now quietly asking themself, if 6 trillion in bogus bonds was just found, what are the chances some of it has made its way into the markets?  How does it affect my position?  Damage has already been done.

Fri, 02/17/2012 - 15:59 | 2171042 Crummy
Crummy's picture

LOL, Chicago.

Fri, 02/17/2012 - 16:00 | 2171045 eatthebanksters
eatthebanksters's picture

Axelrod?

Fri, 02/17/2012 - 16:05 | 2171069 Bunga Bunga
Bunga Bunga's picture

Subject: Nigerian Astronaut Wants To Come Home
Dr. Bakare Tunde
Astronautics Project Manager
National Space Research and Development Agency (NASRDA)
Plot 555
Misau Street
PMB 437
Garki, Abuja, FCT NIGERIA

Dear Mr. Sir,

REQUEST FOR ASSISTANCE-STRICTLY CONFIDENTIAL

I am Dr. Bakare Tunde, the cousin of Nigerian Astronaut, Air Force Major Abacha Tunde. He was the first African in space when he made a secret flight to the Salyut 6 space station in 1979. He was on a later Soviet spaceflight, Soyuz T-16Z to the secret Soviet military space station Salyut 8T in 1989. He was stranded there in 1990 when the Soviet Union was dissolved. His other Soviet crew members returned to earth on the Soyuz T-16Z, but his place was taken up by return cargo. There have been occasional Progrez supply flights to keep him going since that time. He is in good humor, but wants to come home.

In the 14-years since he has been on the station, he has accumulated flight pay and interest amounting to almost $ 15,000,000 American Dollars. This is held in a trust at the Lagos National Savings and Trust Association. If we can obtain access to this money, we can place a down payment with the Russian Space Authorities for a Soyuz return flight to bring him back to Earth. I am told this will cost $ 3,000,000 American Dollars. In order to access the his trust fund we need your assistance.

Consequently, my colleagues and I are willing to transfer the total amount to your account or subsequent disbursement, since we as civil servants are prohibited by the Code of Conduct Bureau (Civil Service Laws) from opening and/ or operating foreign accounts in our names.

Needless to say, the trust reposed on you at this juncture is enormous. In return, we have agreed to offer you 20 percent of the transferred sum, while 10 percent shall be set aside for incidental expenses (internal and external) between the parties in the course of the transaction. You will be mandated to remit the balance 70 percent to other accounts in due course.

Kindly expedite action as we are behind schedule to enable us include downpayment in this financial quarter.

Please acknowledge the receipt of this message via my direct number 234 (0) 9-234-2220 only.

Yours Sincerely, Dr. Bakare Tunde
Astronautics Project Manager
tip@nasrda.gov.ng

http://www.nasrda.gov.ng/

Fri, 02/17/2012 - 18:52 | 2171712 optimator
optimator's picture

The Jig's up.

Fri, 02/17/2012 - 18:53 | 2171713 optimator
optimator's picture

The Jig's up.

Fri, 02/17/2012 - 16:10 | 2171102 wally_12
wally_12's picture

All of the information on this story is being provided by the Italian Government.

The Italian government is beholding to the FED and ECB for one of the next bailouts. Nasty riots in the streets a good possibility.

The previous “Fake” bonds discovered in Italy were supposedly “Old” 1920’s or 1930’s. No pictures of the CUSIPS numbers were allowed by the Italians. Have you seen CUSIP numbers released yet on these latest fake bonds? Why is it necessary to hide counterfeit CUSIP numbers? The BBC picture says, “This is what the bonds look like” not this is a picture of the fake bonds.

James Willy contends that the FED had counterfeit bonds stored in Cantor Fitzgerald when the Twin Towers collapsed. The numbers were alleged to be in the Trillions. He showed current graphs of FED redemption of old bonds way beyond the amount that was issued originally. He subsequently stated that he was approached by a “military style” person who said he would receive a bullet in the back of the head if he continued to report on certain unidentified things. I never saw his coverage of fake FED bonds discussed ever again.

This is all conjecture on my part but the 2 stories have a distinct odor about them.

Fri, 02/17/2012 - 16:44 | 2171231 LULZBank
LULZBank's picture

There are 2 possibilities.

The bonds are REAL:

The high denomination would be logical, if you knew that after taking the Gold away from the economy and launching a fiat based system, how many zero's you would need on your bonds when you redeem them in 30-60 years. Afterall its not the first time for a ponzi scheme in the history of the world.

The bonds are FAKE:

Why would you go to such lengths to fake something that would stick out like a sore thumb and only highly specialised banks and institutions can honour it?! Better of counterfeiting EURs and iPhones.

So, anyone who went to such lengths to fake these bonds is having doubts about the FED honouring the real bonds being held and is either testing the waters as to the response or has been declined already in some way that thier bonds will not be honoured and is in a way sending a warning signal that it can all go public and damage the reputation causing a stampede in bond markets. Something along those lines.

Just my 20 trillion dollars .....

Fri, 02/17/2012 - 23:23 | 2172239 chindit13
chindit13's picture

The intent is not to present these to anyone who would know they are fake, the intent is to offer them to some naive, bug-eyed, pie-in-the-sky dreamer who is dumb enough to think he can sell them to someone with big money, and who will jump through hoops paying "minor" fees and bribes and clearing charges here and there, all the while waiting for THE BIG PAYOFF.  The cost of setting up the scam are miniscule...a printer, some paper, some software and a metal worker.

Clearly you have not come across any Nigerian 419 scams. 

Fri, 02/17/2012 - 17:25 | 2171431 Archon7
Archon7's picture

So, these bonds are "real", but real fakes, since it's obvious that if this is true, the Fed never intended to redeem any of these bonds.  I suppose that makes them as "real" or "fake" as any bonds printed today.

Fri, 02/17/2012 - 20:46 | 2171963 supermaxedout
supermaxedout's picture

The reason for this story is very simple.

Dont trust any paper US Treasuries. Dont buy it. It might be fake.

So the private market for US treasuries is drying up. Nobody is willing to give cash, even at a deep discount on the nominal values.  This avoids, that the owners having lots of treasuries can sell anonymously to third parties.

Fri, 02/17/2012 - 20:56 | 2171977 mick_richfield
mick_richfield's picture

The bonds are not 'fake'.

This is the most disturbing story I have seen on ZH.

It means that the war has already started.

Fri, 02/17/2012 - 22:58 | 2172194 BanksterSlayer
BanksterSlayer's picture

Do you think today's bizzare story about this "Operation Vulcanica" might be connected to the equally bizarre speech given yesterday, on Feb. 16, 2012, in Parliament? Lord Blackheath (yes, THAT Lord Blackheath ... he's b-a-a-a-ck) has spoken in the House of Lords holding evidence of three transactions of 5 Trillion each and a transaction of 750,000 metric tonnes of gold and has called for an investigation. The transcript of his speech is near the bottom of this page ... just scroll down to "Column 1016" if this jump link cuts you off:

http://www.publications.parliament.uk/pa/ld201212/ldhansrd/text/120216-0...

Fri, 02/17/2012 - 23:05 | 2172209 chindit13
chindit13's picture

When I read this article and then some of the comments that follow, I fully understand why the Nigerian 419 crowd is still in business.  Yes, some of the people really can be fooled all of the time.

For those of you who joked about how they are just paper like the real thing (a valid point), if you followed the divinecosmos website and all of its links, you would find that they claim that one Chinese family discovered a block of gold the size of Rhode Island (geez, maybe paper really is worth more than gold), and has bank accounts one of which has more than $1,000,000,000,000,000,000 (quintillion).  And some people are worried that QE is a paltry $1.5 trillion?  Then there is the "document" from the "World Bank" that details a single account held at HSBC that paid fees and charges of $464 trillion last year, which would equate to almost 8 times worldwide GDP.  I guess HSBC won't have any need to go to the discount window for a few millennia.  And can you imagine the bonus that private banker got!  Heck, at 1% he'd be the fourth largest GDP nation on Earth!  And yes, there are aliens involved, and I don't mean people who crossed the Rio Grande, but rather those who crossed the Rio Cosmos.

Such is the credibility of divinecosmos, the source of record for this "scoop".

I will give ZH the benefit of the doubt and call this what it is, Friday Humor.

Sun, 02/19/2012 - 03:37 | 2174455 Vlad Tepid
Vlad Tepid's picture

But humor is funny Chindit...this was just stupid. From your handle I can assume you are versed in Chinese history? Did you hear about the 7 KMT battleships sailing to NY in '38? Just plain stupid.

Sat, 02/18/2012 - 01:52 | 2172412 TerraHertz
TerraHertz's picture

Wow. This story has legs.

http://everist.org/archives/links/!_Bonds_arrests_links.txt

 

2003 $2.5 trillion dollars worth of United States Federal Reserve notes, dated 1934.
2009 Two Japanese arrested in Italy with $134 Billion in US Bonds. Date in HT pic: 1934.
2012 Italy: eight people arrested with ~ $6 trillion U.S. Treasury bonds, dated 1934.

Q: If these these are all fakes, why do the idiots always pick 1934?

A: Because the bonds are real, from 1934 gold heist.

Sun, 02/19/2012 - 03:38 | 2174458 Vlad Tepid
Vlad Tepid's picture

The 2009 case with the two supposed Japanese involved bonds from the 60s not 1934.  That incident had merit.  This one...no.

Sat, 02/18/2012 - 02:00 | 2172423 TerraHertz
TerraHertz's picture

Also, I'd say the reason these bonds are turning up (since 911) is all the holders of the bonds KNOW that the gold the bonds are supposed to represent (which was stored in the basement of WTC7) is GONE. Stolen by the Illuminati, and it isn't coming back.

So the bonds are effectively worthless. The only way they can ever be redeemed for physical gold, is if the present Thieves' Cabal in power in the USA is defeated, the incoming power manages to locate and retrieve the gold, AND is willing to honor the bearer certificates.

That will take somewhere between a very long time, and never. Hence why the bonds are now being either moved to Switzerland for deep storage, or offered for sale for fractions of their face value.

Sat, 02/18/2012 - 09:43 | 2172714 LaughingRebel
LaughingRebel's picture

Cool looking boxes

Sat, 02/18/2012 - 09:55 | 2172723 supafuckinmingster
supafuckinmingster's picture

These are priced in anyway.

Sat, 02/18/2012 - 20:18 | 2173918 moonstears
moonstears's picture

up 1 for supa..., it's all fuckin priced in!/sarc (/sarc 'cause, well, maybe not this!!!)

Sat, 02/18/2012 - 19:41 | 2173838 DJ13Francis
DJ13Francis's picture

These bonds are real.  And there are many many more where they came from.  I'd highly reccommend reading the extensive posts on Divine Cosmos regarding these.  It is clear that some people are getting very nervous right now...  The bad guys aren't going to walk themselves to jail.  We're going to have to get them there.

Sun, 02/19/2012 - 03:33 | 2174453 Vlad Tepid
Vlad Tepid's picture

See my post below.  I know nothing about the veracity of these bonds but this "Divine Cosmos" character is a fiction writer and nothing more - not even a good one at that.

Sun, 02/19/2012 - 03:32 | 2174452 Vlad Tepid
Vlad Tepid's picture

Sounds like people are spotting the fake here...at least the box anyway.  While I have no doubt for myself that the Chiasso case was the real dealinvolving either China or Japan, let me point out some "52 stars on the flag" problems with this story.

*  Emperor Hirohito did not become Emperor until 1926, and only became regent for his ailing father LATE in 1921.  He was not cutting deals with the founders of the Fed in London that year.

*  The BIS would have had no need of Japan's signature anyway.  They had only just become a superpower dues to the massive trade surplus generated during WWI and they were 1) on the cusp of an over-production induced depression and 2) the whipping boy ofthe European powers as evidenced by the attempts throughout the 20s and 30s to reduce their military power by treaty culminating in Japan walking out of the League of Nations.  

*  The Kuomintang was a political party - not a "dynasty."  Anyone who refers to it as such has their academic and research credentials seriously impaired in my eyes.

*  In 1938 the Republic of China had almost NO coastline to speak of nor did they have so much as a gunboat, let alone "seven battleships" with which to transport gold to New York.  The whole reason for the Burma Road was to get supplies to China BECAUSE the seaborne line of communication was cut off.

This reeks of crappy fiction, the kind where the author writes a historical fiction novel based on what they remember from high school.  Maybe this guy should start writing bodice ripper's instead of doing 20th century financial research.

Sun, 02/19/2012 - 18:00 | 2175900 SilverDoctors
SilverDoctors's picture

Story just keeps getting more interesting.  Check out the first-hand account of a German lawyer who has personally been handed identical issues to those seized in Italy. 
Golden Trust of Chiang Kai-shek


http://silverdoctors.blogspot.com/2012/02/6-trillion-in-us-bonds-part-of.html

Sun, 02/19/2012 - 21:06 | 2176336 q5251355
q5251355's picture

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Mon, 02/20/2012 - 12:54 | 2177776 superuser
superuser's picture

Send it over to Rick at Pawn Stars

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Fri, 02/24/2012 - 01:08 | 2191860 LittleAl_1
LittleAl_1's picture
Oct 2007----- $3T in Notes found in Philippines, in a chest, with 13 compartments.  Boy do they sound similar!!! The $ 3-trillion worth of US bonds stirred interest among residents of the quiet Barangay Talaga last October, after curious bystanders checked on the contents of a chest left behind by a shirtless male Caucasian who was last seen in a hurry while boarding a red Mitsubishi Pajero. The chest had a total of 13 compartments, with two of them partially open. One document summed up the purported worth of all the certificates, placing it at 3 trillion US dollars. One of the compartments contained a small brass cylinder inside of which was a document purporting to be a copy of the Treaty of Versaille http://www.mb.com.ph/node/39305 This is pretty interesting too, http://divinecosmos.com/podcasts/Wilcock_Fulford_2011-12-02.mp3
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