Gold is just a yellow metal that you cannot eat
There has been a lot of frenetic activity in the past week and a lot more turbulence is expected over the coming days as the death throes of the corporate so-called government of the United States continue. There is also so much fog and disinformation surrounding this event that good old fashioned analogue reporting is needed. To this end last week I talked to former World Bank lawyer Karen Hudes, Indonesian military officials, gold prospectors based in Indonesia and the Philippines plus many other primary sources to try to find out what was really happening in the battle for control of the global financial system.The conclusion is that there are no giant treasure caves in Indonesia or the Philippines and that the so-called global collateral accounts or global debt facility is based on fraud. What is true though, is that to this day, large amounts of un-usable dollars and Euros are printed, shrink-wrapped and left in warehouses in the region as “payment” for the gold taken from the region by Western powers in the 19th and 20th centuries.
Meanwhile, at the top of this fraud based dollar and Euro system, at least two separate individuals and their factions are claiming rights to control money production.
Both factions, let us call them A and B, have been in contact with this writer about redeeming historical bonds and here is what they say:
A) Says they will arrest me unless I go through faction A.
B) Says they will arrest me unless I go through faction B.
Also, talking to top people in these factions here is what seems to be the gist of their thinking: “If we win this financial war I am going to live in a palace, have my own casino with an island filled with porno stars and, oh yes, I will do some good.”
Both sides constantly talk about miles long caves filled with gold and jewels that are the basis of the dollar and Euro based financial system. However, a wealthy Japanese individual who has spent 30 years hunting for Treasure in the Philippines using imperial Japanese army treasure maps says that the total amount of gold he has seen in all that time is less than 10 tons.
Meanwhile, an Indonesian general linked to former President Soekarno says that any gold Indonesia had was removed long ago. Also, a member of a Japanese yakuza business syndicate (the yakuza are about as criminal the average Western oil corporation), who is involved in transporting gold from Indonesia to Hong Kong for refining, says the total amount of gold leaving Indonesia is about 30 kilograms per day. That is a lot of gold but it is a far cry from the thousand and hundreds of thousands of tons the global collateral accounts people talk about.
Meanwhile, in a good indicator of the credit worthiness of the Federal Reserve Board, holders of genuine Fed bond boxes are offering to sell $12.5 billion face value worth of Fed bonds for $500,000 or 0.0004 cents on the dollar.
This is apparently a touchy subject because this writer has been subjected to lawsuits, paypal troubles, threats from the CIA to shut down my blog and more than the usual amount of death threats since writing about these bonds.
Former World Bank Senior Counsel for the World Bank Legal Department Karen Hudes also agreed, in an interview with this writer last week, that, based on her direct experience, the Western financial system was run by high level racketeers. According to her, when the Federal Reserve Board refused earlier this year to return 300 tons of gold Germany had entrusted with them, she advised the Germans this was similar to a declaration of war. The Germans appeared to have agreed and recently sent a shot across the bows to the Americans in the form of German helicopters flying so low over the US consulate in Frankfurt that china was rattled off the shelves.