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Montanore

01/16/10 11:44 AM

#819 RE: Threw-er-back #818

A couple of links...

http://news.goldseek.com/GoldSeek/1258049769.php

http://www.roadtoroota.com/public/148.cfm

According to Kirby's sources 1.3M-1.5M these 400oz bars currently reside in Fort Knox as well as have been sold into the global gold markets over the past 15-20 years.

Lump this together with GATA's work in exposing the secret manipulation of the price of gold and you add jet fuel to the gold conspiracy inferno.

The world is slowly waking up from the self induced coma that investors and governments have been living under when it comes to the realities behind gold and the implications of this awakening should not be underestimated.

What the fake gold bar story does is inject DOUBT on the accepted supply/demand dynamics of a shadowy global monetary reserve asset that has been blindly neglected for many years. The existence of fake gold bars, if true, is an amazing story and has the power to completely upend the global monetary system. Over the past 40 years, the reporting of the "official gold supply" has been focused almost entirely upon the work presented in the GFMS annual Gold Survey. This company's report is heavily cited as the "world's gold authority" but, as far as I know, GFMS neither questions the accuracy of its surveyed data nor verifies the quality, quantity or ownership rights of their reported global gold holdings. My friend Adrian Douglas over at GATA and MarketForceAnalysis.com helped expose this highly questionable operation with his article GFMS cooks books to make gold look bad.

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the cork

01/16/10 12:40 PM

#821 RE: Threw-er-back #818

I heard a different version of that story, namely that China had produced such a counterfeit "gold" bar.

That story broke back in November, I think.

That the US had the tainted bars at Fort Knox, or that they had actually been distributed is news to me.

This would be new news. GL T.

GLTA !!