All That Glitters Isn't Gold... Counterfeit Gold Bullion in the LBMA & Ft Knox?
I wrote this yesterday and have been thinking about it most of the night. What if: there was a conspiracy to steal much of the world's gold reserves: What if: The cabal behind the plan included the US President, the world's wealthiest family, the head of the Federal Reserve and two Treasury Secretaries? What if: The gold on display in Ft. Knox was just gold plated tungsten?
It is proving quite difficult to find any mainstream information sources able to substantiate the rumors that have been circulating about the widespread distribution of fake tungsten filled gold bars. So the story goes, about 15 years ago between 1.3 and 1.5 million 400 oz tungsten bars were allegedly manufactured by a sophisticated refiner in the US. To save you whisking out your calculator that’s more than 16,000 metric tons. Subsequently, some 640,000 of these tungsten blanks were 24kt gold plated and shipped to Fort Knox. Since then these or other bars manufactured by the same company have found their way into sovereign vaults and ETF’s holdings around the world. [ETF's are Exchange Traded Funds]
Perhaps a more fitting introduction may be that it's virtually impossible to find any mainstream information sources willing to substantiate... After all, imagine the impact on society at large that finding out that places such as Ft. Knox, the LBMA (London Bullion Market Assn), and gold repositories around the world were full of gold plated tungsten. For anyone unfamiliar with how gold bullion is traded I recommend this short video before reading on. It not only explains how bulk gold is traded (without the purchaser ever taking possession, or even seeing their purchase), but how the swindle was first pulled off.
The discovery came in 2009 when China received a shipment of gold bars from the United States Department of the Treasury Bullion Depository in Fort Knox. The gold is regularly exchanged between countries to pay debts and to settle the balance of trade. Most gold is exchanged and stored in vaults under the supervision of a special organization based in London, the London Bullion Market Association (or LBMA). When the shipment was received, the Chinese government ordered special tests be performed to guarantee the purity and weight of the gold bars as China is the largest foreign holder of US Treasury securities. Chinese officials were shocked to learn that the bars were fake. The gold shipment contained a tungsten core with a thin coating of real gold. These tested gold bars originated in the US and had been stored in Fort Knox for years.
Or did they originate in the US? The information provided in the video makes me think that they may have been made in the US but sent to the Bank of London where the LBMA stores their gold- London being the gold trading center of the world. Is it possible that the counterfeit bars were manufactured in the US and then sent to the LBMA's vaults in the Bank of London? There's also the way that gold is traded through through the LBMA with the clients never taking possession of their assets- the gold stays within the LBMA circuit. Had the Chinese never taken possession of their gold, the fraud would have never been exposed. Another thing to consider is that the US Federal Reserve is a Rothschild controlled private bank... I believe that the Clintons may have been involved, but the Rothschilds were likely the masterminds behind the scam.
The discovery has got people asking what chance is there that the physically backed gold ETF’s are not sitting on some of the same bars? As they are not required to audit their holdings, no one is going to know. Moreover their prospectus purportedly reads, “Gold bars allocated to the Trust in connection with the creation of a Basket may not meet the LondonÃ‚Â Good Delivery Standards and, if a Basket is issued against such gold, the Trust may suffer a loss. In other words it’s the buyers’ problem, not the fund. Caveat Emptor indeed... the LBMA has shifted the entirety of any loss to the buyer. Why would they do this unless they knew beforehand that something wasn't right?
Rob Kirby of KirbyAnalytics has been following this story since it first broke and noticed right away that something was amiss just in the way that the ETF's publications were structured:
1] - irregularities in the publication of the gold ETF - GLD’s bar list from Sept. 25 – Oct.14 where the length of the bar list went from 1,381 pages to under 200 pages and then back up to 800 or so pages.
2] - reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
So again the question arises: did the bars originate in the US, or in the vaults of the LBMA... Or perhaps both? It isn't inconceivable that this fraud is much larger than anyone thinks. Could it be that a conspiracy (how I'm beginning to hate that word) exists between the Clintons, the Federal Reserve and the Rothschilds to defraud the United States and many other countries of their gold reserves... if true it makes the machinations of the Clinton Foundation pale in comparison- unless the foundation helps launder the money. Lest we forget, the Clintons are close to Canadian mining magnates Frank Giustra and Ian Telfer who would have the resources to handle the smelting end of the scam.
According to Kirby:
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].
This was apparently all highly orchestrated by an extremely well financed criminal operation.
Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day. I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.
The balance of this 1.3 million – 1.5 million 400 oz tungsten cache was also plated and then allegedly “sold” into the international market.
Apparently, the global market is literally “stuffed full of 400 oz salted bars”.
No wonder the MSM won't touch this story... it would cause a global panic. If the information as to who was behind the robbery was released, there would be riots and public lynchings. Moreover, all of that gold that's supposed to be in those bars went somewhere and it isn't in the vaults at Ft. Knox.
Makes you wonder why Hillary Clinton took the Secretary of State job. Why not. No one is going to interfere or question the actions or activities of the Secretary of States of the United States. Why take the heat as president when you can travel the World using US tax dollars. Smuggle gold and other contraband in and out of the United States using diplomatic immune aircraft. Move the stolen real gold anywhere in the World. Be the first to be informed of any investigation into the manufacture and distribution of her fake gold and then immediately kill the investigation. If you ever wanted to be the top crime boss, Secretary of State is the job you will need to watch over your crime syndicate. And you thought Richard Nixon was criminal.
An interesting side note: Make of it what you will...
A Chinese company called Chinatungsten is advertising imitation gold merchandise on its website. The following quote is taken directly from their Tungsten Alloy for Gold Substitution page: “a coin with a tungsten center and gold all around it could not be detected as counterfeit by density measurement alone … We are well accustomed to exploit more innovative applications of tungsten products. Gold-plated tungsten is one of our main products.” One wonders what kind of customer they are selling to!
At least they're out in the open about it. "So not only does there appear to be an element of truth in the long running rumors of these tungsten containing 400 oz bars but there also appears to be a current thriving business in such fraudulent activities. The great unknown is how much fake material is really out there and who is going to pick up the tab if its proves to be as widespread as some in the anarchy department would have us believe." If what Rob Kirby projects is correct, that there are about 1.5 million 400 oz bars were made the results would be catastrophic, if ever brought to light. The way that the LBMA and Federal Reserve are structured, audits are virtually impossible. To audit the Fed would require transparency on behalf of Congress. Perhaps an audit of the Clinton Foundation would open the door. A couple of side-notes worth mentioning... One is that Larry Summers was a frequent guest of Clinton pal Jeffrey Epstein and is likely compromised. Another is the cozy relationship between the Clintons and Rothschilds... in particular between Hillary and Lynn Forester de Rothschild. Hmmm... It's just crazy enough to be true.