Showing posts with label tons. Show all posts
Showing posts with label tons. Show all posts

Saturday, May 18, 2013

Lord James Alleges 15 Trillion Fraud By Fed And EU Banks Involving 750,000 Tons Of Imaginary Gold

This is why HSBC was ordered to pay a $1.5 billion fine for money-laundering.  The problem is it wasn't drug cartels they were laundering money for.  It was the Fed, the US Treasury, too-big-to-fail banks, including in the US and in Europe.

http://beforeitsnews.com/economy/2013/05/lord-blackwell-alleges-15-trillion-fraud-by-fed-and-eu-banks-involving-750000-tons-of-imaginary-gold-2520544.html

Thursday, April 18, 2013

Switzerland To Buy A Stunning 1,000 Tons Of Physical Gold?

The Swiss have a reputation of being staid, conservative bankers.  In fact, they have been the private banker to the world for centuries.

Yet, they are fallible.  Swiss banks revealed private client information to the US, German and French governments in 2009, breaking Swiss banking laws.

The Swiss National Bank has sold gold into the market over the last couple decades.  It is indeed ironic that the Swiss have been net sellers of gold, given 75% of the world's gold refiners are in Switzerland.

And due to a soaring Swiss Franc, the Swiss National Bank has joined the currency war of devaluation in an attempt to stimulate their economy.

These policies are all antithetical to Swiss banking traditions.  This explains their attempts to reverse said policies.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/18_Switzerland_To_Buy_A_Stunning_1%2C000_Tons_Of_Physical_Gold.html