Foundation X wishes to invest billions into UK and save the world

[Sabrina]

Easily dismissed by all the blog commentators as a scam - but is it? Lord James says he is on the side 'of the angels' for those of you with angelic inclinations.


http://www.zdnet.co.uk/blogs/securit...-foundation-x\
-not-a-scam-10020958/

http://news.sky.com/skynews/Home/Pol...f-Blackheath-\
Tells-Sky-News-Group-Could-Pay-Off-Billions-Of-UK-Debt/Article/201011115795267?f\
=rss

http://www.guardian.co.uk/commentisf...rd-james-foun\
dation-x

¤=[Post Update]=¤

http://news.sky.com/skynews/Home/Pol...15795267?f=rss

this link should work this time

¤=[Post Update]=¤

http://www.guardian.co.uk/commentisf...s-foundation-x

and so should this

[Luke]

From Guardian link above:

This body, which he calls "Foundation X", apparently has huge reserves of gold bullion-backed funds. On some estimates, these funds amount to more than the entire gold bullion mined from the earth. With such great wealth, Foundation X is understandably secretive and only wishes to discuss the disbursement of its funds with a head of state or one of the "top six people in the world". So for 20 weeks, James investigated the foundation. He came to the conclusion that "Foundation X is completely genuine and sincere and that it directly wishes to make the United Kingdom one of the principal points that it will use to disseminate its extraordinarily great wealth into the world".

Weird. Strange. Smelling of something Annunakish.

[Sabrina]

Or some of the white hats who may be in the background to introduce a new gold based economy across the world and take away some of the fear mongering and control thrown at us through talk of cuts/debt etc. etc...

[witchy1]

Very interesting Sabrina. Im racking my brain to think who on the planet would have this type of (legal) wealth! I can honestly think of no-one that has had commercial activities for over 100 years, and they are happy for this to be used to protect the wealth of the world and UK is best place for it to support the EU. Diamonds are owned by DeBeers wonder who owns the gold weve been mining that for a while.
17B quid by xmas plus funds for hospitals etc. interest free and no repayment schedule. WOW

On Gold: (note; this page is due for deletion from wikipedia) http://en.wikipedia.org/wiki/SPDR_Gold_Shares
SPDR Gold Shares: The Trust’s allocated gold bullion is kept in the form of London Good Delivery gold bars (400 oz.) and held by the Custodian, HSBC Bank USA, in its London vault or in the vaults of sub-custodians.[4] The ETF pays an annual expense charge of 0.40% per annum.[4] The ETF has been criticized by Catherine Austin Fitts, Carolyn Betts, and Hinde Capital for its extremely complex structure and prospectus, possible conflict of interest in its relationships with HSBC and JPMorgan Chase which are believed to have large short positions in gold, and overall lack of transparency\
This means tptb have all the gold. wonder if that means the UK govt wont entertain the idea

[Luke]

Posted by witchy1 (here)
(...)On Gold: (note; this page is due for deletion from wikipedia) http://en.wikipedia.org/wiki/SPDR_Gold_Shares
SPDR Gold Shares: The Trust’s allocated gold bullion is kept in the form of London Good Delivery gold bars (400 oz.) and held by the Custodian, HSBC Bank USA, in its London vault or in the vaults of sub-custodians.[4] The ETF pays an annual expense charge of 0.40% per annum.[4] The ETF has been criticized by Catherine Austin Fitts, Carolyn Betts, and Hinde Capital for its extremely complex structure and prospectus, possible conflict of interest in its relationships with HSBC and JPMorgan Chase which are believed to have large short positions in gold, and overall lack of transparency\
This means tptb have all the gold. wonder if that means the UK govt wont entertain the idea

Not exactly. This is "paper gold". We are dealing with "financial products", that have fractional coverage in physical product. In fact, the bets on gold and silver are said to be few times the amount ever mined (silver is more rigged in that respect).
In real terms, greatest amount of physical gold is in hand of citizens of India.

[Sabrina]

Haven't some of the gold bars found to be tungsten plated?

Anyway, perhaps it's all about perspective and which timeline you choose. Am in the middle of Dolores Cannon's Convuluted Universe Book 3, and is a piece from a regression about the new world and she asks 'they won't be experiencing chaos? Answer is 'No the chaos is mostly a breaking down of the belief systems. The chaos is caused by the belief systems being challenged and brought down to a place of a complete blank slate, or clean slate. And that there is chaos for many. Those who go on to the new world are comfortable with new belief systems, and therefore, will no longer struggle the way those struggle now' Some would take that and others may think it's hogwash, but it's about changing a mindset of scarcity.

Perhaps we do have the resources across the world. The present system is all smoke and mirrors anyway. All those impressive looking charts and markets going up and down - bit of a mirage I think with the puppeteers in the background.

[Teakai]

Posted by Sabrina (here)
Haven't some of the gold bars found to be tungsten plated?

Anyway, perhaps it's all about perspective and which timeline you choose. Am in the middle of Dolores Cannon's Convuluted Universe Book 3, and is a piece from a regression about the new world and she asks 'they won't be experiencing chaos? Answer is 'No the chaos is mostly a breaking down of the belief systems. The chaos is caused by the belief systems being challenged and brought down to a place of a complete blank slate, or clean slate. And that there is chaos for many. Those who go on to the new world are comfortable with new belief systems, and therefore, will no longer struggle the way those struggle now' Some would take that and others may think it's hogwash, but it's about changing a mindset of scarcity.

Perhaps we do have the resources across the world. The present system is all smoke and mirrors anyway. All those impressive looking charts and markets going up and down - bit of a mirage I think with the puppeteers in the background.

Hi Sabrina, having read the thread, this part of your comment made me wonder whether money, or gold, or silver was just a belief system in itself.

When you think about it - it's only an agreed form of barter.
Gold - or silver, is worth nothing until people give it a particular value. One could just as easily decide to trade in marijuana seeds as a form of agreed currency. Or eucalyptus leaves.
And if that sounds like a crazy idea, at the moment we have bits of paper based on absolutely nothing that we work our guts out for - how bizarre is that????
:-D

[witchy1]

most "above ground" gold held in europe: http://en.wikipedia.org/wiki/Gold_reserve. And in looking into whos who in the above ground gold world: I cam across this about the RC family here
http://www.mega.nu/ampp/rothschild2.html in this article it shows how much they have compared to countries etc.

Accounting for the Rothschild Wealth and Influence

Morton (1962) noted that the Rothschild wealth was estimated at over $6 billion US in 1850. Not a significant amount in today's dollars; however, consider the potential future value compounded over 147 years!

Taking $6 billion (and assuming no erosion of the wealth base) and compounding that figure at various returns on investment (a conservative range of 4% to 8%) would suggest the following net worth of the Rothschild family enterprise:
$1.9 trillion US (@ 4%)
$7.8 trillion US (@ 5%)
$31.5 trillion US (@ 6%)
$125,189.1 trillion US (@ 7%)
$491,409.0 trillion US (@ 8%)
To give these figures some perspective consider these benchmarks:
A little of $300 billion US buys every ounce of gold in every central bank in the world (see John Kutyn's estimate (http://www.gold-eagle.com/gold_digest/kutyn111597.html).
U.S. M3 money supply August 1997 was $5.2 trillion
U.S. debt is currently $5.4 trillion.
U.S. GDP (1997; 2nd Q.) is $8.03 trillion.
George Soros' empire is worth an estimated $20 billion.

Its a 1997 article and includes this
If the Rothschilds, through the LBMA operations, are effectively cornering the world's gold supply they would undoubtedly be in a prime position to benefit from a currency crisis - which they and Soros undoubtedly expect, given Soro's claims that the Asian, and thus by implication all fiat currencies, are inherently unsustainable. This crisis of sustainability is already engaged in Asia and will undoubtedly wash over Europe, England and the U.S. And who recently announced another bailout package? The IMF, of course.

Probably only what we know already, but good to see it in print.

[Sabrina]

http://www.businessinsider.com/fed-j...#ixzz14HrXb2Aw

Fed's celebration on 5/6 Nov at Jekyll Island - perhaps they've got a rival...

[Sabrina]

How much of it is fools' gold anyway?

http://www.marketoracle.co.uk/Article14996.html

[jcocks]

And here I was thinking I had read all the wierd news for the day.......

[Luke]

Posted by witchy1 (here)
most "above ground" gold held in europe: http://en.wikipedia.org/wiki/Gold_reserve.

That is govt gold reserves, which amount to about 18% of physical gold. Another 16% is estimated to be in "investment form" (bars and coins hend by individuals) See bottom of wiki page you linked.

52% of physical gold is jewellery. Indians (individuals) buy 25% of annual production.

As for dollar inflation 1 1913 $ is worth 22.06 2010 $ (http://data.bls.gov/cgi-bin/cpicalc.pl)

Inflation in whole XIX is close to zero, because of official gold-backing .. You can calculate value at 23.22 grains (1.505 g) of gold per $/20.664$/oz, (set by coinage act of 1837, in effect till 'Civil War')

This will make Rotshild $6b equivalent of 290 354 426 oz. gold, which by current price is (2010)$ 402 111 844 524 (~$402B short scale). If you use that as a base for investment calculation, meagre 4% YoY give you 213T$

[ascendingstarseed]

Posted by Sabrina (here)
Haven't some of the gold bars found to be tungsten plated?

Yes, within the last few years the Us paid China on money that was owed with tungsten that was gold plated...needless to say they weren't happy about that.

[Mu2143]

Money is like magic for the PTB, if you really think it works to find out only at the last moment it did do nothing!!!

Look at it this way would you accept 1 KG of gold to be saved from the doomed Titianic knowing its only going to make you sink faster or get on a lifeboat to save your ass!!

[Luke]

Posted by Mu2143 (here)
Money is like magic for the PTB, if you really think it works to find out only at the last moment it did do nothing!!!

Look at it this way would you accept 1 KG of gold to be saved from the doomed Titianic knowing its only going to make you sink faster or get on a lifeboat to save your ass!!

You better ask those people who actually survived economic collapse in their countries or went through war periods. Anything having perceived value (in barter) that goes in small package is a survival tool.
Money means NOTHING to PTB's .. this is tool to keep us at bay. The more distorted the system the more POWER they get.
I'm surprised that I must actually explain such basics.

[Operator]

Problem ... reaction ..... ?!? yeah sure ...

[Fredkc]

Billions in fiat money, to pay off fiat debt.

If this money is in 'gold stocks' then like Luke says, it is notional value, at best. If it is genuinely 'given' and used to pay off debt, then it is like hitting the reset button without fixing whats broken.

I would ask why someone smart enough to accumulate 'billions' would throw them away in this manner?

If this is money is held in actual bullion then the question becomes even more important.

Can you reform a drunk, who has been one for so long he has completely forgotten his previous life, by simply picking up his bar tab?

I wonder.
Fred

[Zook]

Good morning, Luke ... the Earth says hello ...

Posted by Luke (here)
Not exactly. This is "paper gold". We are dealing with "financial products", that have fractional coverage in physical product. In fact, the bets on gold and silver are said to be few times the amount ever mined (silver is more rigged in that respect).
In real terms, greatest amount of physical gold is in hand of citizens of India.

That may well be the case with officially announced amounts of physical gold. But as in the facade with paper wealth - where Bill Gates or the Sultan of Brunei or Bill Ryan are intermittently touted as being the richest man on Earth (with a number fluctuating wildly about the 50-gigabuck mark); when we all know that the Rothschild family controls closer to a trillion dollars or more ... I would hazard that the merchants of India are being falsely elevated onto the golden Ziggurat, e.g. to deflect attention from the auric bunkers in the Valley of the Oligarchs that house many times more physical gold.

[Luke]

Posted by zookumar (here)
(...) I would hazard that the merchants of India are being falsely elevated onto the golden Ziggurat, e.g. to deflect attention from the auric bunkers in the Valley of the Oligarchs that house many times more physical gold.

That might be, though, personally I'm not exactly sure.
This people have really little use for gold. They have other means of "exchanging value" .. works of art, land, estate, gems, slaves, horses and most importantly: pull. Now sure they can obtain large amounts of it by cashing in on other investments, which, some speculate, is what is going on. Even then, that is just to put in emergency kits. In comparison to what govt contracts give them, that is all pocketchange, good for "peasants".

For them, this is dead weight.

More important is either keeping the current system that gives them power, or replacing it with the system that will give them even more power.

EDIT: Still that does not answer OP question: who on earth have such gold stash .. The longer I think about it, the "bullion fund" is quite possible culprit - this way they could monetize their "paper gold" in tax-exeptive manner, without need to actually provide precious metal, which they do not have in the first place.

[Fredkc]

More important is either keeping the current system that gives them power...

What I meant by 'hitting the reset button'.

In other words, the opponent is getting punch drunk. Time to carry him for a few rounds.
Fred