Cidersomerset
23rd October 2012, 09:28
Joseph Farrell commenting on the German gold story....and links to a poss, purposely collapse of the bond market by the fed...and a breakaway civiliation.
As Joseph says ,speculation but interresting !!
pMPr38wAyfE
85exHa6bXG4
cy_6bSKmIy8
Joseph comments in this series of vidblogs about the following articles, various scenarios out there including the "White Dragon" scenario, and offers his own wild speculations:
Germany to Review Bundesbank Gold Reserves in Frankfurt, Paris, London and New York Fed
Lawsuit in India to get their Gold back from The Bank of England and the Bank for International Settlements
Indian central bank challenged in court to repatriate country's gold
Switzerland Wants Its Gold Back From The New York Fed
---------------------------------------------------------------------
http://weeklyintercept.blogspot.co.uk/2012/08/germans-fret-about-their-foreign-gold.html
Germany has gold reserves of just under 3,400 tons, the second-largest reserves in the world after the United States. Much of that is in the safekeeping of central banks outside Germany, especially in the US Federal Reserve in New York. One would think that with such a valuable stash, worth around €133 billion ($170 billion), the German government would want to keep a close eye on its whereabouts. But now a bizarre dispute has broken out between different German institutions over how closely the reserves should be checked.
http://1.bp.blogspot.com/-yPn820QrQ_Y/UDfI3jtVAtI/AAAAAAAAI8w/8SsZ7l6VEC4/s400/image-351675-panoV9free-blvi.jpg
===================================================
A couple of financial stories from David Ickes site !!!
http://www.davidicke.com/
IMF's epic plan to conjure away debt and dethrone bankers
So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.
http://i.telegraph.co.uk/multimedia/archive/02175/IMF_2175747b.jpg
The IMF reports says the conjuring trick is to replace our system of private bank-created money
'One could slash private debt by 100pc of GDP, boost growth, stabilize prices, and dethrone bankers all at the same time. It could be done cleanly and painlessly, by legislative command, far more quickly than anybody imagined.
The conjuring trick is to replace our system of private bank-created money -- roughly 97pc of the money supply -- with state-created money. We return to the historical norm, before Charles II placed control of the money supply in private hands with the English Free Coinage Act of 1666.
Specifically, it means an assault on "fractional reserve banking". If lenders are forced to put up 100pc reserve backing for deposits, they lose the exorbitant privilege of creating money out of thin air.'
The nation regains sovereign control over the money supply. There are no more banks runs, and fewer boom-bust credit cycles. Accounting legerdemain will do the rest. That at least is the argument.
Some readers may already have seen the IMF study, by Jaromir Benes and Michael Kumhof, which came out in August and has begun to acquire a cult following around the world.
Read more...
http://www.telegraph.co.uk/finance/comment/9623863/IMFs-epic-plan-to-conjure-away-debt-and-dethrone-bankers.html
====================================================
http://www.silverdoctors.com/germany-announces-intentions-to-repatriate-its-gold-from-ny-fed/
http://www.silverdoctors.com/wp-content/uploads/2012/09/fake-gold-3_0.png
In perhaps the biggest story in gold since Hugo Chavez sent shock-waves throughout the gold market in mid 2011 (and propelled gold up $300 to a record $1915), the German Federal Accountability Office has ruled that the Bundesbank must conduct an audit on German Central Bank gold holdings, and in anticipation, has begun the repatriation of German gold from the NY Fed. The Bundesbank will request the NY Fed ship 50 tones of German gold back to the motherland a year for the next 3 years!
It appears de Germans are about to receive a crash course in the lesson He who owns the gold makes the rules (aka possession is 999/1000ths of the law).
As Joseph says ,speculation but interresting !!
pMPr38wAyfE
85exHa6bXG4
cy_6bSKmIy8
Joseph comments in this series of vidblogs about the following articles, various scenarios out there including the "White Dragon" scenario, and offers his own wild speculations:
Germany to Review Bundesbank Gold Reserves in Frankfurt, Paris, London and New York Fed
Lawsuit in India to get their Gold back from The Bank of England and the Bank for International Settlements
Indian central bank challenged in court to repatriate country's gold
Switzerland Wants Its Gold Back From The New York Fed
---------------------------------------------------------------------
http://weeklyintercept.blogspot.co.uk/2012/08/germans-fret-about-their-foreign-gold.html
Germany has gold reserves of just under 3,400 tons, the second-largest reserves in the world after the United States. Much of that is in the safekeeping of central banks outside Germany, especially in the US Federal Reserve in New York. One would think that with such a valuable stash, worth around €133 billion ($170 billion), the German government would want to keep a close eye on its whereabouts. But now a bizarre dispute has broken out between different German institutions over how closely the reserves should be checked.
http://1.bp.blogspot.com/-yPn820QrQ_Y/UDfI3jtVAtI/AAAAAAAAI8w/8SsZ7l6VEC4/s400/image-351675-panoV9free-blvi.jpg
===================================================
A couple of financial stories from David Ickes site !!!
http://www.davidicke.com/
IMF's epic plan to conjure away debt and dethrone bankers
So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.
http://i.telegraph.co.uk/multimedia/archive/02175/IMF_2175747b.jpg
The IMF reports says the conjuring trick is to replace our system of private bank-created money
'One could slash private debt by 100pc of GDP, boost growth, stabilize prices, and dethrone bankers all at the same time. It could be done cleanly and painlessly, by legislative command, far more quickly than anybody imagined.
The conjuring trick is to replace our system of private bank-created money -- roughly 97pc of the money supply -- with state-created money. We return to the historical norm, before Charles II placed control of the money supply in private hands with the English Free Coinage Act of 1666.
Specifically, it means an assault on "fractional reserve banking". If lenders are forced to put up 100pc reserve backing for deposits, they lose the exorbitant privilege of creating money out of thin air.'
The nation regains sovereign control over the money supply. There are no more banks runs, and fewer boom-bust credit cycles. Accounting legerdemain will do the rest. That at least is the argument.
Some readers may already have seen the IMF study, by Jaromir Benes and Michael Kumhof, which came out in August and has begun to acquire a cult following around the world.
Read more...
http://www.telegraph.co.uk/finance/comment/9623863/IMFs-epic-plan-to-conjure-away-debt-and-dethrone-bankers.html
====================================================
http://www.silverdoctors.com/germany-announces-intentions-to-repatriate-its-gold-from-ny-fed/
http://www.silverdoctors.com/wp-content/uploads/2012/09/fake-gold-3_0.png
In perhaps the biggest story in gold since Hugo Chavez sent shock-waves throughout the gold market in mid 2011 (and propelled gold up $300 to a record $1915), the German Federal Accountability Office has ruled that the Bundesbank must conduct an audit on German Central Bank gold holdings, and in anticipation, has begun the repatriation of German gold from the NY Fed. The Bundesbank will request the NY Fed ship 50 tones of German gold back to the motherland a year for the next 3 years!
It appears de Germans are about to receive a crash course in the lesson He who owns the gold makes the rules (aka possession is 999/1000ths of the law).