Ukraine Loses All 33 Tonnes of Its National Gold Early One Morning

33 Tonnes of Ukraine gold gone

unmarked plane spir­it­ed 33 Tonnes of Gold away

It seems that last week 33 Tonnes of Gold left the Ukraine in an unmarked
air­craft and has left the coun­try, pre­sum­ably for safe­keep­ing, but more than
like­ly for­ev­er. I doubt that the Ukrain­ian Peo­ple will ever see that Gold
again.

The sto­ry broke two weeks ago in the Ukrain­ian Russ­ian lan­guage pub­li­ca­tion iskra
News
.

Here is what the arti­cle states:

  • event took place at ‘Boryspil Inter­na­tion­al Air­port’
  • event occurred at 2 am
  • over 40 heavy box­es loaded
  • about 15 men in black with body armor — some armed with rifles
  • some oth­er men got onto the plan
  • The plane took-off in a hur­ry (emer­gency take-off) des­ti­na­tion unknown
  • When work­ers report­ed to local air­port author­i­ties they were told to “mind their own busi­ness”
  • The vehi­cles used to load to bring the box­es were unmarked
  • Order was giv­en by act­ing Prime Min­is­ter Arseniy Yas­tenyuk

Here is my take on this sto­ry:

  • The Gold is gone for­ev­er
  • dis­ap­peared into the same black-hole as the Gaddafi Gold dur­ing the NATO raid on Libya
  • Mr Yas­tenyuk is not an elect­ed leader of Ukraine
  • Mr Yas­tenyuk has expe­ri­ence as a Cen­tral Banker — is this real­ly a coin­ci­dence?
  • rumor #1 — that the Gold was flown to the New York Fed­er­al Reserve
  • rumor #2 — flow to Switzer­land to be shared/stored by Yulia Tymoshenko and cronies
  • plane was unwmarked and had no win­dows — hmm­mm — if it was a 737 it is prob­a­bly CIA Oper­a­tions
  • rumor #3 — Black­wa­ter did the dirty work — any filth Wash­ing­ton needs done can be done by these guys — mur­der­ing, rap­ping, loot­ing, sack­ing …
  • GATA — Chris Pow­ell — New York Fed on Ukrain­ian gold reserves: Don’t ask us
  • GATA — Chris Pow­ell — Russ­ian-Ukrain­ian news site describes trans­fer of Ukrain­ian gold to U.S.

Here is a Google Trans­la­tion of the text:

As our site work­ers air­port “Borispol” , this night in 2–00 , with the des­ig­nat­ed air­port run­way start­ed unreg­is­tered trans­port plane …

Accord­ing to the staff “Boryspil” , before it came to the air­port four col­lec­tor car and two car­go minibus Volk­swa­gen, thus, all the arriv­ing truck license plate miss­ing . Car pulled out of about fif­teen peo­ple in black uni­forms , masks and body armor . Some of them were armed with machine guns . These peo­ple have down­loaded the plane more than forty heavy box­es …

After that , some mys­te­ri­ous men arrived too entered the plane . All load­ing was car­ried out in a huge hur­ry . After unload­ing the car with­out license plates imme­di­ate­ly left the run­way , and the plane took off on an emer­gency basis …

All who saw this mys­te­ri­ous “spe­cial oper­a­tion” air­port offi­cials imme­di­ate­ly noti­fied the admin­is­tra­tion of ” Boryspil “, from which received a strong rec­om­men­da­tion ” not to med­dle in oth­er peo­ple’s busi­ness” …

Lat­er, the edi­tors called back one of the senior offi­cials of the for­mer Min­istry of income and fees, which report­ed that , accord­ing to him, tonight, on the orders of one of the ” new lead­ers ” of Ukraine in the Unit­ed States has been tak­en all the gold reserves in Ukraine …

So all very sus­pi­cious. Very, very sup­si­cious.

© Copy­right MMXIII RagingGoldenBull.com

Inflation — The Most Unjust of Taxes

The Romans were masters of debasing currency, or coinage as it was back then

Clipped Roman Sil­ver coins — Debase­ment alive and well long, long ago

Most peo­ple, myself includ­ed, have been sly­ly brought up to nev­er think about infla­tion as a form of direct gov­ern­ment tax­a­tion. But that is exact­ly what it is. Make no mis­take about that.

You see long ago (in days of olde, when Knights were bold), it became clear that once you start tax­ing peo­ple above the for­ties rate, at about 45% and above peo­ple start to squeal. The Kings, mon­archs, princes, and Dukes need­ed rev­enues to fund their mani­ac wars. It became clear that you just can’t keep notch­ing up the rate of tax­a­tion — much to the both­er­a­tion of the rul­ing class­es, as they would just revolt — and that was pret­ty bor­ing sit­u­a­tion to deal with.

I did­n’t take long for them to realise that all they had to do what debase the cur­ren­cy. A tech­ni­cal term for remov­ing some of the mon­ey from the mon­ey itself. Tech­ni­cal­ly it’s called steal­ing. If you tried this they would throw you in jail.

Back in the day a wedge would be cut out of the coins that were actu­al­ly made of gold, sil­ver and mix­es there­of. If the lord of the manor need­ed more mon­ey he would just legal­ly” debase the coin (cur­ren­cy of the day).

Back then it was bleed­in’ obvi­ous that some­one had hacked a chunk out of the gold coin. The more sly rulers would actu­al­ly replace the met­als with oth­ers.

Today, how­ev­er the con­trol lords have reached the ulti­mate form of debase­ment Nir­vana. This is why it can­not last. We are all total­ly blind to the debase­ment. There are two ways that are over­lords man­age this debase­ment:

  • Mon­ey Print­ing (so-called Quan­ti­ta­tive Eas­ing)
  • Frac­tion­al Reserve Bank­ing

so to con­clude — Infla­tion is used and manip­u­lat­ed by Gov­ern­ment to it’s own ends for at least half a mil­len­ni­um and that is a hard drug to give up.

We no longer have a sound eco­nom­ic finan­cial sys­tem — It has long been replaced by a dys­func­tion­al Ponzi Scheme.

Make ready your plans.

© Copy­right MMXIII RagingGoldenBull.com

Top Job Going at the Federal Reserve

Want a Top Federal Reserve System Job?

Top Fed­er­al Reserve Sys­tem Job

Fan­cy a cushty job at the Fed­er­al Reserve? Nice and easy like their mon­e­tary pol­i­cy? The rumor mill is busy sug­gest­ing that Ben Bernanke will do a run­ner at the end of the year — just before con­tract renew­al in Jan­u­ary 2014.

Go on! give it a try — you might just get it! I mean, how hard is it to print mon­ey, because that is the only “tool” in the Fed­er­al Reserve arse­nal of tools.

Give it a try because you might just get it 😉

© Copy­right MMXIII RagingGoldenBull.com

IMF “to admit mistakes” in handling Greek debt crisis and bailout — My response…

Here is a short piece that I felt I had to inter­ject at The Guardian (UK)

RagingGoldenBul unleashes on The Guardian (UK) about the IMF (International Mafia Federation)

Rag­ing­Gold­en­Bul unleash­es on The Guardian (UK) about the IMF (Inter­na­tion­al Mafia Fed­er­a­tion)

😉

Rag­ing­Gold­en­Bul — 05 June 2013 6:54pm

Rec­om­mend: 77

Let us not ponce about the prover­bial bush here my brethren:

The IMF (short for: Inter­na­tion­al Mafia Fed­er­a­tion) is noth­ing more than anoth­er pho­ny instru­ment cre­at­ed by the US gov­ern­ment, for the US gov­ern­ment, along with World Bank at that infa­mous Bret­ton Woods (1944) meet­ing where they strong armed the rest of the world over 21 long, gru­el­ing, and I would put it to you ardu­ous days (blood must have been pour­ing from the poor del­e­gates ears after day 12) while the world was still at WAR. Pic­ture it.

Oh how they seized their chance, dragged in John May­nard Keynes (UK in col­lu­sion – spe­cial rela­tion­ship you know), and invent­ed a crock, because no one had any choice. No Choice.

It is well known that M. Lagarde (after they ditched DSK) let the cat out of the “bail-in” bag way too ear­ly for the FedReserve, and the ECB, and thus both the Bernanke and the Draghi are now sour-puss­es. After those tril­lions of USDs that heli­copter Ben print­ed-up, M. Lagarde blew it in one momen­tary lapse of rea­son. Now Ben will bail-out him­self of the pic­ture at end of the cur­rent term as Gov­er­nor of the Fed.

Every­one knows that “Bail-ins” are com­ing now to a Bank near you real soon.…Are you ready for that?

Why does any­one lis­ten to a word these guys (Inter­na­tion­al Mafia Fed­er­a­tion) say any­more? Why do they point to them as if they are cred­i­ble?

It all leads back to one thing — US Dol­lar hege­mo­ny, and any­thing to keep that pup­py alive – alas brethren, the end is nigh.

Please excuse my rather fruity and col­or­ful lan­guage (sausage I hate US Eng­lish 😉 )…

Orig­i­nal Arti­cle:

The Inter­na­tion­al Mon­e­tary Fund is to admit that it has made seri­ous mis­takes in the han­dling of the sov­er­eign debt cri­sis in Greece, accord­ing to inter­nal reports due to be pub­lished lat­er on Wednes­day.

Doc­u­ments pre­sent­ed to the Fund’s board last Fri­day will reveal that the Wash­ing­ton-based organ­i­sa­tion under­es­ti­mat­ed the dam­age aus­ter­i­ty would cause to the euro­zone coun­try, which has required two bailouts in the past three years.

The Wall Street Jour­nal report­ed that the papers would say that finan­cial sup­port from the Fund, the Euro­pean Cen­tral Bank and the Euro­pean Com­mis­sion had bought time for Greece but had only been made pos­si­ble because the IMF had bent its own rules to make the coun­try’s debt look more sus­tain­able than it was. Accord­ing to the WSJ report, Greece failed to meet three of the Fund’s four tests to qual­i­fy for help.

A Fund spokes­woman said: “We will be pub­lish­ing a num­ber of papers on Greece lat­er today. The board met last Fri­day to dis­cuss sev­er­al doc­u­ments on Greece includ­ing the review of its pro­gramme and its annu­al eco­nom­ic assess­ment.”

Greece became the first euro­zone nation to require a bailout by the inter­na­tion­al com­mu­ni­ty in 2010, but need­ed a sec­ond round of finan­cial assis­tance in ear­ly 2012 when a deep reces­sion and high inter­est pay­ments threat­ened to send its debts spi­ralling out of con­trol.

The so-called troi­ka of the IMF, ECB and EC forced pri­vate sec­tor bond­hold­ers to write down the val­ue of their Greek bonds in an attempt to bring the coun­try’s debts down to sus­tain­able lev­els of 120% of nation­al income by 2020.

Chris­tine Lagarde, the man­ag­ing direc­tor of the Fund, has said many times over the past year that Greece should now be in a posi­tion to pay off its debts, but the WSJ reports that IMF staff believe this can­not be said with any cer­tain­ty.

In Athens, offi­cials react­ed with bare­ly dis­guised glee to the news.

The report con­firms what Greek offi­cials have long said: that the first bailout of uncom­pro­mis­ing bud­get cuts and tax increas­es, the price of 110 bn euro in emer­gency funds in May 2010, was the wrong pre­scrip­tion for a coun­try not only bat­ting a mon­u­men­tal debt load but ram­pant tax eva­sion and a flour­ish­ing black econ­o­my.

Under the weight of such mea­sures – applied across the board and hit­ting the poor­est hard­est – the econ­o­my, they said, was always bound to dive into an eco­nom­ic death spi­ral. “For too long they [troi­ka offi­cials] refused to accept that the pro­gramme was sim­ply off-tar­get by hid­ing behind our fail­ure to imple­ment struc­tur­al reforms,” said one insid­er. “Now that reforms are being applied they’ve had to accept the bit­ter truth.”

The Greek media recent­ly quot­ed IMF man­ag­ing direc­tor Chris­tine Lagarde describ­ing 2011 as a “lost year” part­ly because of mis­cal­cu­la­tions by the EU and IMF. The author­i­ta­tive Kathimeri­ni news­pa­per said the report iden­ti­fied a num­ber of “mis­takes” includ­ing the fail­ure of cred­i­tors to agree to a restruc­tur­ing of Greece’s debt bur­den ear­li­er – a fail­ure that had had a dis­as­trous effect on its macro-eco­nom­ic assump­tions.

From what we under­stand the IMF sin­gles out the EU for crit­i­cism in its han­dling of the prob­lem more than any­thing else,” said one well-placed offi­cial at the Greek finance min­istry. “But acknowl­edge­ment of these mis­takes will help us. It has already helped cut some slack and it will help us get what we real­ly need which is a hair­cut on our debt next year.

See the full sto­ry: http://www.guardian.co.uk/business/2013/jun/05/imf-admit-mistakes-greek-crisis-austerity#comment-24097893

© Copy­right MMXIII RagingGoldenBull.com

Quote — Denis Healey on Tax Evasion

Denis-Healey

The dif­fer­ence between tax avoid­ance and tax eva­sion is the thick­ness of a prison wall”

- Denis Healey (for­mer UK Chan­cel­lor of the Exche­quer 1974 — 1979)

Tax avoid­ance is sim­ply clever finan­cial plan­ning, while tax eva­sion is ille­gal. Of course, gov­ern­ments would say that would­n’t they?

More Gold­en Mon­ey Quotes

© Copy­right MMXIII RagingGoldenBull.com

Quote — John Adams on Enslavement

The 2nd president on the United States - John Adams

A wise and learned man from Brain­tree — that spoke much truth about pol­i­tics

 

There are two ways to con­quer and enslave a coun­try. One is by the sword. The oth­er is by debt.”

– John Adams

Note: there are claims that John Adams nev­er actu­al­ly said this. Even so, it is a great quote — wish that I had said it … 😉

© Copy­right MMXII RagingGoldenBull.com

Quote — Martin Luther King on Silence

Martin Luther King

photo Martin Luther King

Mar­tin Luther King — under­stood the prob­lem of the silent sheeple

His­to­ry will have to record that the great­est tragedy of this peri­od of social tran­si­tion was not the stri­dent clam­or of the bad peo­ple, but the appalling silence of the good peo­ple.”

© Copy­right MMXII RagingGoldenBull.com

Quote — George Bernard Shaw on Government

George Bernard Shaw

Photo George Bernard Shaw

Pho­to George Bernard Shaw

You have to choose between trust­ing the nat­ur­al sta­bil­i­ty of gold and the nat­ur­al sta­bil­i­ty and hon­esty of the mem­bers of the gov­ern­ment. And with due respect for these gen­tle­men, i advise you as long as the cap­i­tal­ist sys­tem lasts, to vote for gold.”

© Copy­right MMXII RagingGoldenBull.com

Mark Carney Announced as next Governor of the Bank of England

A shock and sur­prise announce­ment from George Osbourne today as he announced the Cana­di­an Mark Car­ney as the next Gov­er­nor of the Bank of Eng­land. Do not doubt that this is one of the top jobs in the UK.

Mr. Mark Car­ney will be next Gov­er­nor of the Bank of Eng­land

George Osbourne defend­ed his deci­sion by stat­ing that Mr. Car­ney was:

The out­stand­ing Cen­tral Banker of his gen­er­a­tion.”

He also said that he was the best man for the job in the whole world bar none. I think it speaks more for how unsuit­able the home grown UK tal­ent was than any­thing else.

This is the first time since the cre­ation of the Bank of Eng­land back in 1694 that it has been gov­erned by a non British sub­ject, in this case a Cana­di­an. But Mr. comes high­ly qual­i­fied for the job.

He has man­aged arguably the best econ­o­my in the world Cana­da which has not had one bank bailout. In fact he has come through with his rep­u­ta­tion enhanced. He under­stands Cap­i­tal Mar­kets. He worked for Gold­man Sachs for 13 years (pos­si­bly not such a good thing! Could this be a case of Gold­man get­ting “their man” into the BoE, and a “print­er” into the sys­tem?). He speaks flu­ent French, went to Oxford Uni­ver­si­ty, already lived in the UK for a decade, his wife and chil­dren are British sub­jects, and he will apply for British cit­i­zen­ship.

Mr. Car­ney is also the cur­rent chair­man of the board of the Finan­cial Sta­bil­i­ty Board (FSB) which in itself is a con­sid­er­able achieve­ment and vote of con­fi­dence as this orga­ni­za­tion includes all G20 nations

This is a slap in the face for Mr. Paul Tuck­er who was tout­ed as the next Gov­er­nor . Too bad, LIBOR scan­dal for sure screwed that one up, and his deal­ings with Mr Bob Dia­mond.

In anoth­er depar­ture from the norm he will only serve a 5 year term instead of the more usu­al 8 year, and Char­lie Bean will stay on serv­ing his cur­rent term.

Big Ques­tion: How will this effect the UK mon­ey print­ing prac­tices and will we see more Quan­ti­ta­tive Eas­ing with Mr. Car­ney at the helm?

© Copy­right MMXII RagingGoldenBull.com

Quote — Alexander Haig on Taxes

Alexander Haig

Mr Alexan­der Haig, a true “Patri­ot”?

Let them march all they want, as long as they con­tin­ue to pay their tax­es.”


US sec­re­tary of state who failed to avert the Falk­lands war, and the chief of staff who sus­tained Richard Nixon’s pres­i­den­cy. He nev­er faced an elec­torate in his life, but he ran the White House almost in secret dur­ing the 15 months up to Pres­i­dent Richard Nixon’s res­ig­na­tion in August 1974 – tak­ing over the impe­tus of a paral­ysed pres­i­den­cy in a man­ner that, how­ev­er nec­es­sary under the cir­cum­stances, was bare­ly con­sti­tu­tion­al.

see http://www.guardian.co.uk/world/2010/feb/20/alexander-haig-obituary/print

Alexan­der Meigs Haig, sol­dier, politi­cian and busi­ness­man, born 2 Decem­ber 1924; died 20 Feb­ru­ary 2010

© Copy­right MMXII RagingGoldenBull.com