Why would I say such a thing? Why, you ask?
Because everywhere I look, there’s blatant evidence that there’s no rule of law anywhere, and that the bad guys do whatever they like, with total impunity, telling the world to suck it.
The latest example: A year or so ago, Germany told the Federal Reserve Bank of New York (a privately owned bank, mind you) that it wanted to repatriate 300 tons of the 1700 tons of gold it had stored in its vaults (back during the cold war, when Russia looked like it might invade Germany at any moment, it seemed prudent to keep it in NY).
The Federal Reserve responded that it would take seven years to return that fraction of Germany’s gold, but not to worry, because it, like, had it. It just didn’t HAVE it, have it, to where it could actually return it, or show it to them to prove it. You know. Because of stuff, and, well, things.
Fast forward. A year later, instead of delivering what it was supposed to (three hundred divided by seven), it managed to scrape up 5 and deliver that. None of which was actually Germany’s gold, which is stamped with their proprietary logo, serialized, etc. It was different gold. The excuse for why it wasn’t actually the German gold was ludicrous, as have been all the Fed’s excuses, so I won’t even bother repeating it here (something about the original pure gold German bars being “obsolete” – I shit you not – which ignores that gold is gold is gold). The point is that the bank that is holding something like 1700+ tons of Germany’s wealth couldn’t even return a fraction of that.
Fast forward to this summer, when after failing to get any gold in 2014, the politicians in Germany announced that they had decided to keep their gold in NY, because it was a good idea.
The easy translation is that they can’t get any of the gold back, because it’s all been stolen by the private bank, leased out or outright sold to banks like GS and JP Morgan so they can manipulate the gold market down, making the dollar appear stronger in relationship to gold (all markets theoretically, if they function correctly – read are honest – are based on supply and demand. Increase supply by selling 1700 tons of someone else’s gold you don’t own, and you can distort the supply curve pretty drastically. Of course that’s theft, but hey, details, right?), likely at the request of the U.S. government, which wants to continue running the printing presses around the clock, massively inflating the amount of U.S. currency, but having the dollar appear to be retaining its value compared to gold and silver, which have traditionally been money until the U.S. declared them to be obsolete (right after they got caught lying in 1971, and couldn’t give France the gold it owed that country when France wanted to exchange its dollars for gold, as was its right) and abruptly stopped backing the dollar with gold.
So, basically, a group of private bankers has stolen the German peoples’ gold, and the politicians the Germans elected have been bought off or threatened by the U.S., and have declared that they trust the NY Fed, ending the matter. As if by declaration the German politicians can make it all O.K.
In the old days this was called fraud and theft. Now, it’s never that, but always something else. I was going to write a fiction novel surrounding this, but the circumstances are so weird, so implausible, nobody would believe it: Germany was refused the ability to audit their gold and verify it was actually in the vaults the Fed claimed it was stored. “We have it. But you can’t see it.” “Why?” “Because of stuff.” “Oh.”
I couldn’t make this up.
Obviously, the Germans have decided that short of going to war, they’re never going to get their peoples’ wealth returned, so better to not rock the boat and tell anyone asking that the matter is ended and they’re satisfied, and hope there isn’t a revolution where they’re burned at the stake.
The disheartening part is that this sort of rampant criminality by the NY bankers reappears throughout history (the European bankers as well – they own the Fed, as well as Bank of England, every central bank in the world, including the central bank of the central banks – the Bank of International Settlements in Switzerland), and nothing happens. They confiscate the wealth of entire nations via outright theft, and because they control the money and therefore who gets elected, they have complete impunity for their behavior.
That’s the real world. And it’s a cheat. Hence my title: The World Is A Cheat.
Now go buy my crap. BLACK is on sale for $1.99. Unlike Germany’s gold, if you hand Amazon $1.99, you’ll actually get delivery of the book. At least we’ve all got that going for us…
I think you should write that “predictive” novel anyway; just so you can say later on “I told you so.”
Of course, it’s likely to make you a marked man.
Like you think I’m not already, after Silver Justice, Zero Sum, and The Delphi Chronicles?
For those that are curious, the bank only stole roughly $64,192,000,000 at today’s prices.
Thanks for the heads up.
Of course, today’s prices are directly related to certain NY banks manipulating the gold and silver markets by selling massive amounts of gold that aren’t theirs, and when they ran out of physical gold, simply changing the rules of the options exchanges so that the paper futures contracts that they sell in virtually unlimited quantities, completely distorting supply and demand and providing fraudulent price discovery to the market, can be settled in currency rather than by delivering the commodity.
It’s estimated that there are 200 paper gold ounces floating around the market for every ounce of gold ever mined since the beginning of history, and that it would be physically impossible to ever cover all the short positions the NY banks have written against gold and silver – that the price per ounce would be literally astronomical (and represents the value stolen from investors in those markets over the decades). It’s one of the biggest frauds in history, right after the 2008 financial crisis, the dot com collapse, the U.S. dollar and fiat currency/the federal reserve, the 1929 Crash and Great Depression, etc. Note that all of these are scams perpetrated by the exact same criminals, who have systematically leached the world’s prosperity and made it their own. And nobody will ever be able to bring any of them to justice because they own everybody and everything. Ain’t it a beautiful world?
Nope, you could not make that stuff up….it’s all true !
Shame on those Germans – to think they could give Rothschild their GOLD then ask for it back … I’m sure there would have been a few laughs at the Chateau over a few glasses of Domaine de la Romanee’s !
Man… stuff seems to ruin everything nowadays.
I have all of the books in the Black series. Will you be writing any more of them or are they not selling strongly enough? I really like the series… it’s better than Jet and I like the Jet series too.
I’ll probably write one more BLACK next year. They sell okay, but nothing like JET.
You should write it for sure. I think it would be a good book.
Wouldn’t that just be considered part of their bill?
Russell, why should Germany get to keep their gold when ours is all gone? The German gold has been redistributed to the proper institutions and international funds and seaside mansions where it can do the most good. You know, for the people.
Ha! Exactly. Or more precisely, the Fed has leased or sold other peoples’ gold to be sold in the market to keep the price depressed so it isn’t obvious that the dollar is worth next to nothing compared to what it bought ten, twenty, thirty years ago. The game is simple: When you deposit anything with a bank, the fine print always says it becomes the asset of the bank, and you’re a creditor. Because it’s now their asset, they can lend it or sell it or whatever, and you are holding an IOU. Germany’s holding a worthless IOU it can never collect on, and it can either blow the lid off, in which case most of the politicians and the entire German banking sector would be pilloried, or it can claim everything’s just fine, move along, nothing to see here, which is what they’ve done. They’re essentially saying, we are satisfied the thieves who ripped off the entire planet in 2008 are honest about having our gold, even though they won’t allow us to see or touch it or can in any way prove they haven’t sold our asset long ago.
Is it bad when a superpower is engaging in the kind of economic shiftiness you’d see from a Banana republic’s self-proclaimed democratically elected dictator for life? I mean, that makes me uncomfortable, but hey, the American media doesn’t report it, so it must not be happening, right? Sigh…
I can’t remember or find the exact term, but the gold changer’s fraud is probably the oldest one in the book.
Gold is heavy, difficult to divide, not great as a liquid currency and very desirable for thieves. So those with gold will put the gold in someone’s safe keeping, like a bank, and the gold owner get’s a receipt (say paper money) for that gold.
What happens is that the bank realizes no one else really knows how much gold is in the bank. $100 in the vault, well the bank puts $200 worth of paper currency out there, and makes loans with the new, fraudulent money.
When there’s a bank run and $150 worth of receipts show up, the bank is $50 short of gold. In the old days, the fraudsters would be hung on a tree outside of town. Now they just move to the Caymans.
No, now they simply default, as the US did on the world in 1971, and change the IOUs so they aren’t backed by anything (the dollar, now backed by nothing but air – dollars have gone through a whole series of promises printed on them – the latest iteration doesn’t even make a promise that it’s backed by the full weight of the government, merely that it’s legal tender with which to settle debts). After a few generations, people even believe that it’s always been that way! And have your media outlets repeat over and over that gold’s antiquated, a relic, etc. so nobody gets too pissy when you take all of theirs. I couldn’t make this stuff up…
What the heck? I had read of something similar with China. How much longer until it all collapses?
Nobody knows. It can continue for as long as the banks and the governments are able to convince their populations that theft isn’t theft, and that the only material every used as money for thousands and thousands of years really suddenly doesn’t matter. With the Germans, their politicos simply declared that they weren’t going to try to get their gold back anymore because they had confidence in the Fed. That’s the basis of a con game (confidence game). As long as the German population allows the German politicians to do that instead of demanding proof the gold hasn’t been stolen, I suppose it can continue.