Monday, January 21, 2013

ROBBING PETER MALI TO PAY PAUL GERMANY

That all wars are ultimately bankers' wars doesn't get more obvious than this.
Our story starts with the fact that many nations have deposited gold bullion at the New York Federal Reserve. That gold vault was a centerpiece for the Bruce Willis film, "Die Hard With a Vengeance."
The idea is that while you and I are required to transact business with piece of paper and ink, large banks and nations still settle their accounts with gold, which is simply wheeled from one nation's vault to another to settle a debt, all of it under the roof of the Federal Reserve Gold Depository in New York City, or the similar institutions at the Bank of England and Band of France.
Then, in 2009, a worker at a German gold bullion trader grew suspicious of a gold bar that had come in, and decided to assay the gold content. But the drill bit broke, revealing that the core of the gold car was filled with tungsten, a metal almost the exact same density as gold. The bar was cut open, and the scandal reported on German TV.
Alerted, other gold centers began to scrutinize their gold bars and more fakes quickly surfaced, including China, and the Manhattan jewelry district.
It quickly became apparent that the problem of tungsten filled bullion bars was widespread. Because many of the fake gold bars had the marking of US sources, nations began to ask for audits and tests of the gold bullion held in their name by the New York Federal Reserve. To the surprise of many, the New York Federal Reserve refused! Indeed the New York Federal Reserve refused the German government permission to simply look at their bullion! Germany's private central bank then went public assuring the Germans that they trusted America's private central bank and did not need to see the gold. That was followed by a bizarre editorial from CNBC's Senior Editor Jim Carney that it didn't really matter if the bullion was really there at the New York federal Reserve, as long as the bookkeeping said it was!
That set off everyone's alarm bells!
The German government started demanding their physical gold to be repatriated back to Germany from both the Bank of France and the New York Federal Reserve. Germany demanded all of the 374 tons of gold held by the Bank of France, but only 300 tons of the 1500 tons of bullion held by the New York Federal Reserve. Both the Bank of France and the New York Federal Reserve have stated that the process of returning the gold will take years, five years for the French gold, and seven for the gold coming from the New York Federal Reserve. The delay makes the situation clear. Neither the Bank of France nor the New York Federal Reserve actually have the gold Germany deposited, sending tungsten fakes back to the very nation that first spotted the fraud is risky, the France and the United States are scrambling to find replacement gold.
Which brings us to Mali.
Mali is one of the world's largest gold producers. Together with neighboring Ghana they account for 7-8% of world gold output. That makes them a rich prize for nations desperate for real physical gold. So, even as Germany started demanding their gold back from the Bank of France and the New York Federal Reserve, France (aided by the US) decided to invade Mali to fight "Islamists" working for "Al Qaeda." Of course, "Islamists" has become the catch-all label for people that need to ne killed to get them out of the way of the path to riches, and the people being bombed by France (aided by the US) are not "Al Qaeda" but Tawariqs, who have been fighting for their independence for 150 years, long before the CIA created "Al Qaeda". Left to themselves, the Tawariqs could sell gold to whoever they want for whatever they want, and right now China can outbid the US and France.
So off to war your children must go, to spill their blood for the money-junkies' gold.

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