Stacy Summary: Here are the links for the biggest story of today . . . that hasn’t made it to one single main stream media news outlet in US or UK as far as I can tell. That’s pretty amazing in itself.
What caught the policemen’s attention were the billion dollar securities. Such a large denomination is not available in regular financial and banking markets. Only states handle such amounts of money.
- Pictures: A double bottomed suitcase and 134.5 billion in bonds (h/t Red Zebra)
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This seems to be part of the Black Box Federal Reserve scam that has made the rounds in Asia for years. This is an incredible story originating in 1936 for pouring war material into China. This scam has damaged many, many individuals and spawned a cottage industry in the Philippines making the very authentic-looking era military attache-cases holding these notes, always in sequential, identical sets of 100 sheets of $100 million in 1936 dollars. Redeemable today with compound interest makes these sheets well into the billion US dollars – so that is where the figure comes from. Some of the sealed boxes contain gold coins (3) for authenticity. This is a very secret and scary story that no one in the US will touch.
If it was a country trying to bring them in, why not just put them in a sealed diplomatic pouch? This story has some twists and turns that need to be investigated.
Bloomberg printed a whisper last week:
http://www.bloomberg.com/apps/news?pid=20601101&sid=afJXAA1ahZyo
Aren’t there serial numbers oh these instruments that make them immediately traceable as to where they came from. Seems logical to me
@ Don
“Some major holes in this rotten Swiss cheesy mess of sushi and salami.”
Brilliant! Sounds like an Asian/ Italian porn!!
Well, all we know for sure is that someone is getting fucked.
Or as on of fav comedians Russel Peters says “Somebody’s gonna get a hurt real bad”
http://www.youtube.com/watch?v=xzKHQX59Wso
I’ll admit I got a bit of a tingle when I firt saw this story a few days ago, but now I’m going with ‘mundane, unoriginal fraud’ on this one. See: http://www.signonsandiego.com/news/metro/20040910-9999-7m10bonds.html
@Max Power:
Fantastic Link! Eric Janszen is brilliant. I’m watching the ITulip Wiley Coyote Government Video right now. Funny. (I’ve always been a Wiley fan)
They have to be genuine, because the denominations are so high. It’s like counterfeiting $1000 dollar bills. Nobody tries it because of the inherent scrutiny when one is presented.
No corporation or single person has as much money as was seized, they had to be from a government.
Also, there is no way anyone would try to fool the Swiss with counterfeit bonds.
However, what I don’t understand is why anyone would part with gold (or another cash, unless it’s from Zimbabwe) for something denominated in US dollars.
I pass that border crossing all the time, the customs check is a joke unless you look middle eastern or African. Japanese people never have a problem.
Conclusion: it was a deliberate tip-off….interesting!
http://news.smh.com.au/breaking-news-technology/eu-calls-on-us-to-drop-gambling-ban-20090611-c3sh.html
For max regarding his US Gambling prediction!!!
Europe Is Being Held Together With Duct Tape
http://www.financialsense.com/editorials/litle/2009/0610.html
Telling subtitles …
Britain on the Brink
Latvian Pressure Cooker
Germany in a World of Its Own
The Rise of the Far Right
A Poisonous Stew
@stacy …. ” huge ”
…. OK , as in Arnold Schwarzenegger types !
Fat German police are extremely rare simply because they will get decomissioned and sent on a Med. cure for their obesity.
Anyways .. not really so important !
Truce !
@Phil – Well, I saw them at the MayDay events in Berlin. They weren’t so much fat like American police, but HUGE. I think you can see some of them in our private equity film. http://www.youtube.com/watch?v=ExXny1IiVTQ
@Stacy … ” I’ve never seen a fat cop in France or Italy; plenty of tubbies in Germany though.”
Hey Stacy, I’ve NEVER seen a fat cop in Germany.
Have you been watching too much “Hogan’s Heroes” ?
Grüße
Schultze
Stacy
So what’s on the agenda for today?
Mike
Faber compares Hitler to Bernake.
http://www.ronpaulforums.com/showthread.php?t=195582
@Max Power – thanks for the youtube link; the comments are great too. I love that someone thinks the video looks like from the 70′s because the cop is skinny; I’ve never seen a fat cop in France or Italy; plenty of tubbies in Germany though.
Also, someone there makes a good point . . . where is there a market for fake bonds? The market for the real ones is hard enough to sell into. And according to the chart from @jterror, the stash these two guys had was almost equal to the holdings of Russia . . . the 5th largest holder of treasuries in the world. http://www.treas.gov/tic/mfh.txt
I’m sorry, just seems a very crazy story. Another one that we will, of course, never learn the truth.
@Chris
Smuggling paper? How hard is this, really… These Japs clearly were meant to get caught.
Dubai calls on the Rothschild bank for help http://tinyurl.com/n4ff72
@ bzmoore
Jun 11, 2009 at 1:31 pm
“Some major holes in this rotten Swiss cheesy mess of sushi and salami.”
Brilliant! Sounds like an Asian/ Italian porn!! hahah ah haahhaha ahah aha! I am sick.
iTulip’s second source footage of the bonds, if you are interested:
http://www.youtube.com/watch?v=LSCwiTCQYAA
Their account:
http://www.youtube.com/user/itulipdotcom
Their website:
http://www.itulip.com/
bwahaha….
I also forgot to mention…
If you want to SMUGGLE anything into or out of ITALY
Go to the Slovenian border in the North East during the summer
There are no BORDER GUARDS…
only a RAIL GATE (i.e. a piece of pipe)
during the summer months….(June – August)
EASY ACCESS
Hello Stacy
u mentioned that you could not find any English dissidents, i have only just found this…this guy has always been trashed…but just thought i would check him out
http://www.youtube.com/watch?v=TgbGjDonxuU&feature=PlayList&p=8FEA6D7D9CB8F807&index=28&playnext=5&playnext_from=PL
OH…
I almost forgot…
NEVER CARRY YOUR PASSPORT IN ITALY
ONLY CARRY A PHOTOCOPY…
that’s all La Polizia (the street cops) need to see….
@freelearner Great point counterfeit bonds to flood the world with fake bonds to match the printing presses of the US printing (not fiat but faux) mortgages and money.
There was a ‘phony war’ in WWII, maybe WWIII is a paper war. Those Russians are pretty good at cyber war too; it would be really interesting to fake electronic transfers of billions.
I seem to be leading to the inextricable conclusion that the only way out of this nation level fraud is that we need physical money GOLD!!!!!!!!!!
My Theory:
Italian Mafia has come up with a better counterfitting operation. So as to defer attention, they hired some Japanese (perhaps Yakuza friends) to take these across the border into Switzerland. They are waiting for the moment when everybody unloads Treasuries, and in the heat of that moment, hoping nobody will notice that the bonds are fake.
The Italian PIGS are crooks…
One time, when going into ITALY, I was stopped by the GUARDIA DI FINANZIA (the financial police)
becuz their German Shepard “sat down” while sniffing my luggage
they found my weed pipe…
but that wasn’t good enough…
they took me to their “boss” for a strip search…
I had to whip it off down to my underwear, at which point,
their boss asked them (in italian) “what the fuck is he here for”…
in the end, I got out, no probs (except for maybe a record)
and the German Shepard tried to BITE the prick that busted me…
HAH, now that’s KARMA, asshole…
(they call me “Amico degli Animali” there)
In essence, the different branches (Polizia, Guardia di Finanzia, Carabinieri {you really don’t wanna fuck with them… don’t even LOOK at them… they have grenades and sub-machine guns})
are all just an official MAFIA…
sure there are some GOOD ones that actually CARE about “fighting crime” but in the end they are no better than the MAFIA, or Cosa Nostra, or La Camorra
Just check yourself before you wreck yourself when in Italy…
Re: jterror
very interesting chart: http://www.treas.gov/tic/mfh.txt
I plotted these out, shows some weirdness going on.
Shows HUGE shift in British (75% drop) US bond holding in July 08 and doubling from bottom since then.
Most countries sucking up those bonds, especially China and Carib Banks with increased holdings. Germany holding the line and Canada and Norway considerably reducing (halving) holding of US Treasury Bonds.
Bonds, we don’t need no stinking bonds, says Tonto to the man.
If they turn out to be really, really good fakes, my guess is Russia is trying to erode confidence in US bonds in a whole new way, and meant for these to be exposed as fakes. The “Japan is divesting” angle is the back-up plan if the counterfeiting is not discovered… and it would have to be good enough that it *might not* be discovered. Current US bond owners won’t be worried unless the counterfeiting is spectacularly good… only then will they start to eye their own bonds suspiciously.
I can’t see Japan or China doing something this crazy… but Russia? After what the West tried to do to the ruble? Yeah, I could see that.
Oh………….got to call him ZIGGY from now on.
Hey ZIGGY I just had Schiff on telling me he thinks the £ is going to $1.90 !!!!!!!
Mike
Man, you don’t need to hold something in Switzerland for bookkeeping. I hold stuff all over the place and book keep under my mattress.
Switzerland is a place wars don’t go. Japan wasn’t divesting. Japan was placing its stuff in Switzerland so it’s safe from war.
And, if they are going to this length, it indicates the USD will not collapse for technical reasons.
Max must have a south american fan
http://www.reuters.com/article/healthNews/idUSTRE5597K620090610
Venezuela bans Coke Zero, cites “danger to health”
http://www.reuters.com/article/healthNews/idUSTRE5597K620090610
Hey Max, does Hugo want to play…..karmaaaabaaaaaque!!
I remember one time, I went to a baseball game and they took my cola cans. No outside food.
Kinda similar…
hmm, very interesting.
http://online.wsj.com/article/SB123828522318566241.html
@bzmoore making me hungry!
If it was real money and this much it would have been carried by government people. They would have carried it in diplomatic pouches.
Some major holes in this rotten Swiss cheesy mess of sushi and salami.
@Stacy & Alister, re: the photo and cops hat, for some reason it brought to mind Gadaffy, did you notice he was wearin’ a photo of Omar Mukhtar on his chest for his Italian visit, definitely something going on, can’t quite put my finger on it.
Video http://www.youtube.com/watch?v=E5YxQusWdzU
Questions..
What if the government rather pretents it is not involved?
The 40% is law, and the counterfiet apparently can be exact copies (doppelgangers), so who is to say which one is a forgery?
Why where they in Italy?
Shouldn’t the japanes hold something non dollar denominated if they look to divest?
What if it gets the ‘pentagon displaced 2 trillion’ treatment..
@jterror – if the bonds are real, then the men would have been acting on behalf of a government; perhaps they thought they were being protected; but Italy has so many different branches of police all designed to stop mafia without ability of political interference . . . so it is, indeed, a dangerous thing to do in that country
Denninger seems to think that that Italians would be happy getting $40b as a fine, but why would private citizens have any use for these pieces of paper. How would they redeem any value from them? And why would anyone (private citizen) run the risk of transporting them across a border with a known history tight financial security in a country with a 40% fine on for failure to declare instruments and cash in excess of $10,000 Euros? Risky stuff. Can you say kamikaze?
@alister – I love that too! Best part of the picture. Any Italians out there care to explain . . . ?
ahha you have to love how the italians put their police caps on top of the stuff for the picture
“(Chiasso) also functions as a banking centre for Italian clients wishing to keep money within the Swiss banking system.”
http://en.wikipedia.org/wiki/Chiasso
My convoluted reckoning: Japanese owned originally transferred to Italy in return for hard assets(?) to solve Italy’s immediate debt crisis, helps Japanese get out USD. Transfer to Switzerland for bookkeeping necessity. Top-secret, high-level so that Italian financial police not informed, stopped as routine, hence Japanese not held afterwards. Egg on some faces. Cover-up insues. Release of info = plunge in treasuries as Jap is such a huge holder of US T’s.
http://www.treas.gov/tic/mfh.txt
A picture of the bonds:
http://www.adnkronos.com/IGN/News/Cronaca/?id=3.0.3396869573
(can’t quite tell if there real from here)
Thanks a lot for letting us in North America know.
The Precious Metals board at IV are discussing the Japanese thing.
Also, this post was interesting :
Interesting take on the Royal Canadian Mint situation.
http://www1.investorvillage.com/iv2/smbd.asp?mb=144&mn=25320&pt=msg&mid=7410258
Japan secretly trying to divest out of their US debt?
http://www.lewrockwell.com/blog/lewrw/archives/027232.html
Lew Rockwell’s take !
Embarrassing .. if true !