Free Republic

The flight of money from Egypt has become a growing concern as many wealthy individuals seek to move money out of Egypt and keep their fortunes out of the eyes of the authorities. The Zambian Drug Enforcement Commission (DEC) intercepted an aircraft carrying five million dollars in cash and over 100kg of suspected gold at Kenneth Kaunda International Airport near the capital Lusaka on August 14, according to several sources. Found on the plane were $5,697,700 in cash, five pistols, seven magazines, 126 rounds of ammunition, 602 pieces of suspected gold weighing 127.7 kg, and equipment for measuring gold. Later,...

Saddam's gold discovered in truck HILLAH, Iraq, Aug. 4 (UPI) -- A routine Iraqi traffic stop has turned up what may be $90 million in gold bars in this town just over 50 miles south of Baghdad. While the financial haul is major, U.S. Marines helping to get this town back on its feet say something more valuable has come out of the episode: the notion that Iraqis can begin to trust their government. "It just shows you the character and integrity of the people will come up and surprise you," said Maj. Martin Casado, the operations officer for...

Obama Donor Helped Free Terrorist Behind Benghazi Attack January 8, 2014 by Daniel Greenfield The left is rushing to blame Bush for the Benghazi attack, now that the State Department is moving to name a former Gitmo detainee released by Bush as a key figure in the attack. But Gitmo detainees were released as part of a pressure and lawfare campaign by the radical pro-terrorist left. Including Obama’s backers. The left-wing organization that helped spring Qumu was the Center for Constitutional Rights. Last April, the group issued an indignant press release painting Qumu as a harmless victim and blasting those...

Nick at Sharelynx Gold, also known as Gold Charts "R" Us emailed an interesting chart last week showing gold drain at the New York Fed. Earmarked gold dropped 42 tonnes for the month of October as foreign countries repatriate their gold home. Here's a link to Earmarked Gold with a second chart that shows all Fed holdings. Gold Charts "R" Us has 1,000's of pages and over 10,000 charts on a subscription basis, but you can check out the site for free until December 14. Click on the first link at the top for a look. Where's the Gold Going?...

Tyler Durden 06/06/2014 Two years ago, stories of fake tungsten-filled gold coins and bars began to spread; it appears, between the shortage of physical gold (after Asian central bank buying) and the increase in smuggling (courtesy of India's controls among others) that gold fraud is back on the rise. As SCMP reports, a mainland China businessman, Zhao Jingjun, discovered that HK$270 million of 998kg of gold bars he bought in Ghana had been swapped for non-precious metal bars. What is perhaps even more worrisome, given the probe into commodity-financing deals and the rehypothecation evaporation; these gold bars were shipped to...