via ZeroHedge – The last time there was a widespread physical gold counterfeiting scare was in the summer of 2012 when as we reported the discovery of a single 10 oz Tungsten-filled gold bar in Manhattan’s jewelry district led to a panic among the dealer community, which then resulted in local jewelry outlets discovering at least ten more fake 10-ounce “gold bars” filled with Tungsten. Fast forward to today when a similar instance of gold counterfeiting has been discovered, this time in Canada, and where the fake bar in question had been “certified” by the highest possible authority.
via ZeroHedge – The world’s oldest gold trader is for sale after a massive money laundering scandal may have terminally crippled one of the most iconic names in the business.
Canada’s Bank of Nova Scotia is exploring options for its gold business ScotiaMocatta, the Financial Times reported, which include a possible sale of Canada’s most popular precious metals trader. Scotiabank made a decision to sell ScotiaMocatta following a massive money laundering scandal centered on a U.S. refinery that involved smuggled gold from South America. The ScotiaMocatta business, a mainstay in PM trading, is one of London’s main gold trading banks and is being sold by JPMorgan.
Anna Von Reitz Fri, May 2, 2014
Subject: Popes Giving NWo Relief
ABSTRACT: FINAL NOTICE OF COMMERCIAL AND ADMINISTRATIVE DEFAULT because of working for the UNITED NATIONS/IMF dba the UNITED STATES, INC. or one of its STATE franchises or agencies, or a banking institution impacted by these facts
Since 1944 the International Monetary Fund (IMF) an agency of the UNITED NATIONS doing business as the UNITED STATES, INC. dba STATE OF ALASKA has functioned as a secondary Trust Management Organization (TMO) charged with the fiduciary obligation of fulfilling all service contracts of the bankrupted United States of America, Incorporated, during its Chapter 11 reorganization. In accepting the assets of the United States of America, Inc. the IMF also accepted its liabilities, which include the claims of the Priority Creditors, living Americans who are owed (1) reparations for the seizure of privately owned gold assets by the United States of America, Inc. acting in Breach of Trust during the 1930’s, (2) all interest in their private property, material rights, land, homes, businesses, persons and names that have been improperly entangled in the bankruptcy of the privately owned “United States of America, Incorporated” and (3) the natural resources possessed by the organic, geographically defined states of the Union.
The IMF has claimed to represent the interests of all the Creditors of the United States of America, Inc., but has instead alleged that the living American People— to whom the IMF and its many subsidiaries owe good faith service — are “unknown creditors”. Chronic abuse by the IMF leadership and politicians acting in conflict of interest as corporate officers and employees of this privately owned and operated for-profit corporation dba the UNITED STATES, INC.— at the same time that they claim to “represent” the American People, has led to unrestrained and unauthorized hypothecation of public debt against private assets, identity theft, fiduciary malfeasance, fraud, extortion under armed force, and Breach of Trust usurpation.
Qatar breaks with the “Federal Reserve Notes For Oil” Petro-Dollar System by offering Qatar oil in Chinese Yuan. China recently Shanghai-ed the gold pricing mechanism from the Crown Corporation Bankers in London by opening the first real non-fiat gold exchange in Shanghai. There are also moves by China and Russia to back their currencies with gold. The oil for Yuan affects the whole region.
Just like when Gadaffi decided to move to a gold-backed currency, Hillary’s email leaks show that NATO attacked Libya simply for going against the Rothschild Central Banks.
Qatar opened the Middle East’s first centre for clearing transactions in the Chinese yuan on Tuesday, saying it would boost trade and investment between China and Gulf Arab economies.
“The launch of the region’s first renminbi clearing center in Doha creates the necessary platform to realise the full potential of Qatar and the region’s trade relationship with China,” Qatar’s central bank governor Sheikh Abdullah bin Saud al-Thani said at a ceremony.
“It will facilitate greater cross-border renminbi investment and financing business, and promote greater trade and economic links between China and the region, paving the way for better financial cooperation and enhancing the pre-eminence of Qatar as a financial hub in MENA (Middle East and North Africa).”
Industrial and Commercial Bank of China’s (ICBC) Doha branch is the clearing bank for the centre, which intends to serve companies from around the Middle East.
This one is almost too ridiculous to believe.
Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,
“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”
You can probably already guess its contents.
Cash is evil.
Bitcoin is evil.
Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil.
These people are certifiably insane.
Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”.
Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process.
Illuminism and the master plan for world domination: the Federal Reserve System Begins Operation
Col. House, who Wilson called his “alter ego,” because he was his closest friend and most trusted advisor, anonymously wrote a novel in 1912 called Philip Dru: Administrator, which revealed the manner in which Wilson was controlled.
House, who lobbied for the implementation of central banking, would now turn his attention towards a graduated income tax.
Incidentally, a central bank providing inflatable currency and a graduated income tax were two of the ten points in the Communist Manifesto for socializing a country.
Review this article describing the Importance of Negative Interest Rates. The public behavior between positive interest rates and negative interest rates is non-linear; beset with dramatic changes in public behavior. The effects of the changes in behavior is amplified within the fiat banking system. Switzerland seems to be going to negative interest rates, and their people are turning to Cash, gold, silver, bitcoins, and alt-coins:
Never has US intentions in Asia been so obvious. Attempts to portray America’s role in the region as constructive or necessary have been ongoing since the end of World War II, however, recently, with Asia able to begin determining its own destiny for itself, the tone from Washington has become increasingly curt and direct.
US Secretary of Defense Ashton Carter’s remarks during the Shangri-La Dialogue in Singapore were all but a proclamation of US hegemony over Asia – a region of the planet quite literally an ocean away from Washington.
In Reuters’ article, “U.S. flexes muscles as Asia worries about South China Sea row,” Secretary Carter is quoted as saying:
The United States will remain the most powerful military and main underwriter of security in the [Asian] region for decades to come – and there should be no doubt about that.
The Most Important Points:
- The Treasury Reserve Note is Active and Trading Internationally
- The UNITED STATES, INC and Federal Reserve [Notes] are not internationally recognized by members of the AIIB (which is just about the rest of the world).
- The New Republic United States is recognized by 208 “Nations”. They have gold on lease from the Dragon Families in China held in Reno, Nevada on an Indiana Reservation outside the jurisdiction of the foreclosed UNITED STATES, INC in a free-trade zone.
- B.A.R. ATTORNEYS (and thus all judges) must renounce their BAR membership.
- Any crimes by ATTORNEYS shall have remedy under the New Republic
- NESARA is implemented. Debt Jubilee.
- IRS is toast, replaced with a flat transaction tax on NEW items. Everything Second hand, including houses and cars, are only taxed on the first transaction.
My question here is this: Are they still requiring “Driver’s Licenses” to Exercise our Right To Travel with Impunity?
Michael Pento is correct about the calculation for “Real Interest Rates”:
Real Interest Rates are equal to the bond yield minus monetary inflation.
This is a simple translation of “nominal Interest Rates” within the Real Interest Rate definition. These data points are copied from May 5th, 2016.
Treasury Bond Yields, nominal 1 month: 0.17%
Treasury Bond Yields, nominal 1 year: 0.58%
Treasury Bond Yields, nominal 30 year: 2.71%
Central Bank Federal Funds Rate: 0.37%
Consumer Inflation: 0.9%
Shadow States Consumer Inflation, 1980s metric: about 8.5%
Michael Pento, around time 9:28 in the above video , states Real Inflation Rate in the United States is -1.7%!! Use a One Year Note and subtract inflation, and we get -1.7% Real Interest Rates in the United States, Inc.
Using the above calculations the most current manipulated “official” numbers offers a:
0.58% – 0.9% = – 0.32% Real Interest Rate
Using the 1980 Metric for consumer inflation, we find:
0.58% – 8.5% = – 7.92% Real Interest Rate