Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

Saturday, March 15, 2014

Rumors abound of gold theft by U.S. from Ukrainian vaults

Gold Theft by Central Bankers
Courtesy of silverdoctors.com
A few weeks ago, evidence was discovered that Saudi Arabia's gold holdings in London were being stolen by central banks in the West and re-hypothicated without the Arab kingdom's permission. However, this confiscation doesn't appear to be only theft in play as just weeks after the Western led coup helped overthrow the rightfully elected Ukrainian leader, rumors are coming out of Kiev on March 10 that show planes being loaded with what is believed to be Ukrainian gold, and flown back to either the U.S. or London for an unknown purpose.
As our site workers airport "Borispol", this night in 2-00, with the designated airport runway started unregistered transport plane ... According to the staff "Boryspil", before it came to the airport four collector car and two cargo minibus Volkswagen, while , all arriving truck license plate missing. Car pulled out of about fifteen people in black uniforms, masks and body armor. Some of them were armed with machine guns. These people have downloaded the plane more than forty heavy boxes ... After that, some mysterious men arrived too entered the plane.
Later, in Received call back one of the senior officials of the former Ministry of income and fees, which reported that, according to him, tonight, on the orders of one of the "new leaders" of Ukraine in the United States has been taken all the gold reserves in Ukraine ... - Zerohedge
Read More Here

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The Truthseeker.

Federal Reserve Refuses to Submit to an Audit of Germany’s Gold Held in U.S. Vaults

Dr. Long Xinming — nsnbc April 18, 2013

The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.

The German government then asked to visit the FED vaults to inventory the gold and determine its actual existence, but the FED refused to permit Germany to examine its own gold. The reasons given were “security” and “no room for visitors”. And nothing else.

Germany did finally send some staff to the FED, and they were permitted only into the vault’s anteroom where they were shown 5 or 6 gold bars as representative of their holdings, and were permitted nothing else.

They apparently came a second time, and the FED did open only one of 9 rooms and let the Germans look at the stack of gold, but were not permitted to either enter or touch. And they returned home.

There has been speculation for a long time, that the FED doesn’t actually have much gold, that it has either sold it off, lent it out, or used it as collateral for borrowings. Either case, there are many claims that the gold that is being stored on behalf of many nations, doesn’t actually exist.

And nobody, other than FED staff, have actually been permitted inside the vaults to see or inventory any of the gold. There is no evidence that the gold actually exists, other than the word of the FED.

Even more, the situation is the same with the supposed gold depository at Fort Knox. Nobody has seen the gold there for a very long time.

The last audit, and the last public visit, was in 1953, just after U.S. President Dwight Eisenhower took office. No outside experts were allowed during that audit, and the audit team tested only about 5% of gold there. So, there hasn’t been a comprehensive audit of Fort Knox in over 60 years.

In 1974 six Congressmen, one Senator and the press were allowed to enter Fort Knox to see for themselves if the gold was there or not. The tour showed that there was gold in Fort Knox but, all the same, it sparked even more controversies.

Only a small fraction of the gold reserves were made available for viewing, and one Congressman published a report saying that the gold bars held in the fort may have been less heavy than would have been expected.

During the past two years, several US politicians have claimed that there is a high chance that neither Fort Knox nor the FED have any gold, or perhaps only a very small amount, and have demanded a full and public inventory and testing, but the FED have resolutely refused.

I have no idea what to make of this. There was another incident last year when Goldman Sachs were proven to have been selling gold certificates to the public, ostensibly backed by real gold in their vaults, but the story leaked out that they in fact held no gold at all, and were doing “fractional reserve” gold banking, on the basis that few people would want to claim their gold at any one time.

Even worse, Goldman were charging customers storage fees for the gold that didn’t exist. Also, do you recall the information I circulated around the middle of last year, documenting the immense gold theft the FED pulled on much of the world during WW II?


Read More Here
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Thursday, February 13, 2014

Karen Hudes: Either We Take Back Our Gold, Our Legality, or We'll Have WWIII

Greg Hunter





Published on Feb 11, 2014
http://usawatchdog.com/united-states-... - Can we pull the world out of this economic calamity? Former World Bank Attorney Karen Hudes says, "It may be that we don't, in which case, we end up in what happened just before we went into the dark ages, when gold went into hiding . . . . We can bring this gold that belongs to humanity out of its cloak of secrecy and out of hiding or we can go back into the dark ages. And we can have pestilence and starvation. . . . Civilization breaks down. We cannot pay for our international trade. Either we take back our gold, our legality, and we tell this group that thinks it's above the law that it is not above the law, or we can kiss ourselves goodbye. Humanity will not continue, we will have World War III. Join Greg Hunter as he goes One-on-One with former World Bank Attorney Karen Hudes.
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YOU MUST SEE THIS!: Karen Hudes World Bank Whistleblower

firstflyover





Published on Aug 29, 2013
"Mr. Chambers! Don't get on that ship! The rest of the book, "To Serve Man", it's - it's a cookbook!" The Twilight Zone.
This is Greg Hunter's interview with Karen Hudes. She is a World Bank whistleblower.
If you like Mr. Hunter's work please sub to his channel. Link below. Peace!
http://www.youtube.com/user/usawatchd...
Karen Hudes: We're Running Out of Time! We're Dealing with Whether We Can Continue as Humanity
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'Dollar valueless, about to crash' - World Bank whistleblower

RT






Published on Oct 8, 2013
The US government shutdown - a temporary ailment or a symptom of a grave disease? Are the Republicans right in their move to block Obamacare spending? Who gains from the shutdown turmoil? Do the politicians care about their citizens? Our guest comes from the very heart of the banking system: Karen Hudes was World Bank lawyer when she blew the whistle on major corruption cases in the system and was fired as a result.

For FULL TRANSCRIPT of the interview click here: http://on.rt.com/ue0xat

RT LIVE http://rt.com/on-air
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Tuesday, January 28, 2014

Allegation that Central Banks Have Rehypothecated, Leased or Outright Sold the Gold They Claim to Have Is Gaining Momentum

Is a Major Gold Scandal Going Mainstream?



We noted in 2012 that there are serious questions as to whether the Fed and other central banks really have the gold holdings which they claim.
This story is starting to go mainstream.
The Financial Times writes today (h/t Zero Hedge):
A year ago the Bundesbank announced that it intended to repatriate 700 tons of Germany’s gold from Paris and New York. Although a couple of jumbo jets could have managed the transatlantic removal, it made security sense to ship the load in smaller consignments. Just how small, and over how long, has only just become apparent.
Last month Jens Weidmann, Bundesbank president, admitted that just 37 tons had arrived in Frankfurt. The original timescale, to complete the transfer by 2020, was leisurely enough, but at this rate it would take 20 years for a simple operation. Well, perhaps not so simple. While he awaits delivery, Herr Weidmann is welcome to come and look through the bars in the Federal Reserve’s vaults, but the question is: whose bars are they?
In the “armchair farmer” fraud you are told: “Look, this is your pig, in the sty.” It works until everyone wants physical delivery of their pig, which is why Buba’s move last year caused such a stir. After all nobody knows whether there are really 260m ounces of gold in Fort Knox, because the US government won’t let auditors inside.

Read More Here

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ZeroHedge

The FT Goes There: "Demand Physical Gold" As One Day Paper Price Manipulation Will End "Catastrophically"







What have we done: after a series of reports in late 2012 in which we showed, with no ambiguity, that not only might the Bundesbank's offshore held gold be severely "diluted" (follow our 2012 exposes on German gold here, here, here, and here), but that on at least one occassion, the Fed and the Bank of England conspired against the Buba in returning subpar quality gold, the Bundesbank shocked everyone in early January 2013 when it announced it would repatriate 300 tons of gold helt in New York and all of its 374 tons of gold held in Paris. But convincing the Bundebsbank to demand delivery was peanuts compared to changing the tune of the Financial Times - that bastion of fiat "money", and where the word gold is mocked and ridiculed, and those who see the daily improprieties in the gold market as nothing but "conspiracy theorists" - to say the magic words: "Learn from Buba and demand delivery for true price of gold", adding that "one day the ties that bind this pixelated gold may break, with potentially catastrophic results."
In other words, precisely what we have been saying since the beginning.
Welcome to the 'conspiracy theorist' club, boys.
From the FT's Neil Collins: "Learn from Buba and demand delivery for true price of gold: One day the ties that bind the actual and the traded commodity will snap:
A year ago the Bundesbank announced that it intended to repatriate 700 tons of Germany’s gold from Paris and New York. Although a couple of jumbo jets could have managed the transatlantic removal, it made security sense to ship the load in smaller consignments. Just how small, and over how long, has only just become apparent.

Read More Here

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Friday, February 24, 2012

Economy News for Thurs 23 Feb 2012

Wall Street Closes Lower On Banks


Gasoline Gas Spike Has Temporary Offset


Housing Dilemma:  There’s Not Enough To Buy


Some Greeks Might Have To Pay For Their Jobs


The Looming Threat To Gas Prices:  Straight Of Hormuz Explained
http://finance.yahoo.com/blogs/daily-ticker/looming-threat-gas-pric…


Pawn Stars:  5 Household Items With Hidden Value
http://financiallyfit.yahoo.com/finance/article-113849-11791-2-pawn…


Oil Dips Below $106 Amid Greek Woes, Iran Tensions
http://finance.yahoo.com/news/oil-dips-below-106-amid-134242828.htm…


Iran Threatens To Extend Oil Embargo
http://www.guardian.co.uk/world/2012/feb/20/iran-threatens-extend-o…


Analysts Warn Oil Could Pass $200 On Iran Tensions
http://www.citywire.co.uk/wealth-manager/analysts-warn-oil-could-pa…


8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default
http://theeconomiccollapseblog.com/archives/8-reasons-why-the-greek…

Dow Flirts With 13,000 But Can’t Make It


Benchmark Oil Price Hits 9-Month High Near $108


False Recovery 2.0:  It’s Beginning To Look A Lot Like 2011


Jim Rogers:  Gold To Rise Much Higher In This Decade, Do Not Sell It!


Latest Resignations From World Banks & Gov’ts


Gasoline Prices Are Not Rising, The Dollar Is Falling


Disability Fraud Holds Down US Unemployment Rate


Japan, China To Promote Yen-Yuan Currency Exchange