Thread: Egon von Greyerz: My Customer Was "Shocked" to Find His "Allocated" Gold Missing From Swiss Bank!

From the linked blog:

"Von Greyerz also told KWN that a major Swiss bank did not have a substantial amount of allocated gold which they claimed to possess for their client: “We are stressing to investors to take their gold out of the banking system, not only because there are runs on banks that will continue, but the risk of being in the banking system is major. So you should take the additional step of not just owning physical gold, but also owning it outside of the banking system.

We (just) had an example of a client moving a substantial amount (of gold) from a Swiss bank to our vaults, and we found out the bank didn’t have the gold. This was supposed to be allocated gold, but the bank didn’t have it. We didn’t understand why there was a delay (in our vaults receiving the gold), but eventually we found out why there was a delay (the bank didn’t have the gold). It’s absolutely amazing, but not surprising.

This confirms what I’ve always thought. Not only should you not have gold in banks or even unallocated gold, but even allocated gold. It seems that some banks don’t even possess that. So the risk of having gold in the banking system is major.”

If you do not have it in your personal possession, you don't have it!!

Iconoclast

If you do not have it in your personal possession, you don't have it!!

No kidding. Take a wild guess who has it all.

Originally Posted by Astragoth

No kidding. Take a wild guess who has it all.

The same tribe that has always had it. That's why calls for a return to the gold standard are so silly. With gold money, the money supply is much easier for a small group of financiers to control than is the fiat system. The Banksters prefer fiat only because with control of the central banks, the supply is unlimited, and therefore the profits are, too.

Money is whatever people accept as money. It can be wampum, sea shells, gold or paper certificates. The only thing that matters is who controls its supply. The constitution plainly says only Congress has the power to create money, but that was given to the Banksters in the Federal Reserve Act 99 years ago. They have now stolen a great majority of the nation's wealth, and will complete the theft in a few more years. One tenth of one percent will have virtually all the wealth by the end of this decade.

I vote each state stop using the Federal Reserve Computer and set up their own computer and create an amount of digital money backed by each State's resources, production, and population trade skills.

Doing this would end ZOG and make money abundant.

Originally Posted by Nordic Angel

I vote each state stop using the Federal Reserve Computer and set up their own computer and create an amount of digital money backed by each State's resources, production, and population trade skills.

Doing this would end ZOG and make money abundant.

Here's what would happen to the game legislators who propose such a plan: