Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzMyMDk3NzY5X0VEMTNERDc3] [b]Are Banks Raiding “Allocated” Gold Accounts?[/b] by Washington's Blog July 6, 2012 [b]Beware: “Allocated” Gold May Not Really Be There[/b] In 2007, Morgan Stanley paid out $4.4 million to settle a class-action lawsuit by its clients alleging that Morgan Stanley took money from them for buying precious metals on their behalf, took money from them for “storage” of these precious metals accounts, but only pretended to purchase the bullion. Avery Goodman points out that MS has just launched a similar scam, offering “allocated” metals, but gaming the definition so that the holdings are not really allocated. On May 21st, Matterhorn Asset Management’s Egon von Greyerz alleged that Swiss banks are trading physical gold bullion which is being held in special “allocated” accounts for its customers: 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.” [b]CONTINUE: http://globalresearch.ca/index.php?context=va&aid=31773[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
The CDC, NIH & Bill Gates Own the Patents On Existing Ebola & Related Vaccines
Public University Requires Students to Submit Their Sexual History.
What a Dental Hygienist Found in Her Patient’s Mouths Forced a Company to Take Action
Satanists Handing Out Religious Literature at Schools
Comcast Denies It Will Cut Off Customers Who Use Tor, The Web Browser For Criminals
Expect the Unexpected: More 9.0 Megaquakes Are Coming, Study Says
Foreign-Born Population to Reach 60 Million Within 10 Years.
Ebola Outbreak could last years..
DEVELOPING – Odile Poised to Bring Catastrophic Flooding to Southwest.
CDC whistleblower: behind the media blackout
UK School Using Biometric Fingerprint Data to Make Sure Kids Eat ‘Healthy Diet’
Now we come to vaccines and depopulation experiments
Nationwide Biometric Database Goes Live
New Emergency Drills Simulate Nuclear Explosion In Nebraska
The Number Of Volcanic Eruptions Is Increasing And That Could Lead To An Extremely Cold Winter
The Smoking Guns of the 2001 Anthrax Attacks
School to fingerprint students to ‘monitor their diets’
Los Angeles Unified School District’s Armored Vehicle and Grenade Launchers
Federal government may seize and shut down all internet sites that don't push vaccines during a national emergency pandemic
ObamaCare Contractors Paid To Play Pictionary
Senate GOP blocks Paycheck Fairness Act for the second time
Over 2 trillion becquerels of radioactive waste flowed from Fukushima plant into Pacific in just 10 months
DRIVE-THRU RESPECTS: A funeral home and chapel in Michigan is offering a new way to view the deceased.
National ID card being covertly rolled out under 'enhanced' driver's license programs
Brand-new Obama connection to Islam
We're dropping truth bombs like it's the end of days!
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.01s (12 queries)