Posted on 01/05/2010 8:17:42 AM PST by FromLori
I heard that they were coming up short on exercised gold contracts and were offering 25 percent premiums to settle in cash. The tungsten thing is pretty amazing. Not sure if it’s a govt scam or a private. It is a very difficult thing to pull off without some very sophisticated partners.
bttt
How Big Finance Bought Uncle Sam
http://beforeitsnews.com/story/2626/How_Big_Finance_Bought_Uncle_Sam
Can you tell me more about this?
I saved his e mail in a blog. I sent him an e mail after that tungsten story he wrote and he answered me back. But other then that I have yet to see more on the story.
Here is what he said...
Someone else asked me the same question yesterday. This was my response:
It would appear that Adrian Ash has read and taken great stock of the moron - Jon Nadlers smear job of me. I wrote a number of articles about this as I gathered more information. The first one I wrote cited gold trades [which I mistakenly assumed were done in NY COMEX which would have been futures]. I subsequently learned that the trades were actually put on in London [making them forwards] and the beneficial owners stood for ALLOCATED delivery instead of POOLED delivery which is what caused all the problems for the criminals who sold what they did not have.
For Adrian Ash to suggest I have not dealt with and explained this adequately I really have nothing else to say except I pity him and Im glad Im not wearing his shoes. I stand by what Ive written and this issue is not going away in fact, it is getting bigger and uglier by the day.
Best,
Rob Kirby
There should be more coming on this in the VERY near future. I dont think Adrian Ash or the folks at Bullion Vault are going to like it.
May ravenous dogs knaw their twitching limbs.
May their children curse their parents and help weave the ropes from which they are hung.
Thanks.
That's beautiful.
I just hope I live long enough to hear the lamentations of their women.
Amen!
The ‘Creature From Jekel Island’ has grown hungry for global dining.
Gold coated tungsten bars could ONLY work between conspirators. At the level of trading gold bars, the fakery would be extremely easy to detect. Only in weight are gold and tungsten similar. In hardness, conductivity etc they are very disimilar, and those differences are simple to detect.
Got that right! Chains for the world, one size fits all, and no escape to free jurisdictions.
Sure I thought about it after you asked and I e mailed him again he is really nice taking e mails anyway this is the latest response.
Rob Kirby to me
show details 6:13 PM (2 hours ago)
Lori;
I have commented to my subscribers recently that audits / assays have been occurring in great numbers in many vaults around the world over the past couple of months with the exception of one VERY large Swiss banking institution [which is really more American than Swiss if the truth be known] who refuses to allow ANYONE including the beneficial owners of metal contained within - anywhere near their vaults / depositories.
Other than that which I believe is very odd in itself nothing to report yet for public consumption.
Best,
Rob Kirby
good one
Good link. It’s from a liberal perspective but correct about Wall St and the FIRE sector of the economy.
What is FIRE? People who make money by handling money. Finance insurance and real estate. They are the closest to the action ....But when America was great our industrialists were the ones closest to the action. If you were in big steel or automobiles you were king
Now the useless scum who make nothing are kings. The ones who have their thieving hands right on the money...... Of course the temptation is to steal some and steer some your way
Thank you for the follow up.
Your welcome :)
I came to the unpleasant realization a few years ago that one no longer, with a few notable exceptions, becomes wealthy by creating wealth.
The only way to become wealthy is to move large sums of money from one holder to another and skim off a percentage (”commission”) for yourself.
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