Heres a little reading material for ya all while we have a wasted day on the OTC.
You may have read this before, but hey why not read it again... CDFT is Golden...
by Michael E. Salla, MA., Ph.D.
February 8, 2012
from Exopolitics Website
The U.S. trade policy with China has been meticulously thought out. There is growing evidence that it is payback for the CIA’s decade’s long covert use of China’s “black gold” - gold that does not appear on any international gold registry.
China’s “black gold” has been hidden for over six decades in order to fund a globally coordinated set of covert projects hidden from public view by the CIA and a consortium of national intelligence organizations and transnational corporations - a Global Manhattan Project.
Two very recent court cases and a June 2009 incident on the Italian/Swiss border involving high denomination 1934 Federal Reserve notes reveal a remarkable historical fact. During the Second World War era, vast quantities of Chinese gold reserves were either looted and hidden by the Japanese Imperial Army in the Philippines, or transferred by the Chinese Nationalist government to international safe havens.
The biggest beneficiary of this vast historical movement of “black” gold was the U.S. government which arranged for a significant portion of China’s “black” gold to be transferred into the US. Federal Reserve System, and Federal Reserve bonds and/or notes issued in return.
The holders of these high denomination Federal Reserve bearer bonds/notes - often the descendants of Chinese/Asian royal families - could only redeem these bonds after lengthy periods of time, e.g., five decades.
As a safeguard to ensure the “black gold” would not become publicly tradable, the Federal notes/bonds were printed with spelling errors and other abnormalities that would make them appear fraudulent. Attempts to redeem these bearer bonds have been unsuccessful.
This has led to court cases and financial incidents that have drawn media attention over the high denomination bonds in dispute and their validity. Most public media attention wrongly concludes that these bonds are fraudulent as outlined in a recent Bloomberg article focusing on bonds found in the Philippines.
Two recent court cases citing meticulous fact checking and documentation of these high denomination 1934 bonds, suggest otherwise.
1. Dragon Family Trillion Dollar Lawsuit (continue to next page)
The Japanese bonds and Kennedy bond were allegedly added to the initial bond issue as interest.
To calculate the total amount of gold ‘leased’ by China’s nationalist government to the Federal Reserve we can use the 1938 historic figure (below image) for the price of gold which was $34.87 per troy oz. $124.5 billion converts into an approximate total of 3.6 billion troy oz. or 110 thousand metric tons
Given that the world’s total gold reserves is officially only 165 thousand tons, this is a staggering amount of gold that was secretly leased from China’s nationalist government.
Using the current spot price of gold, nearly $1700 per troy oz., the value of Chinese gold in possession of the Federal Reserve has a price of six trillion dollars! This is more than double the total income for the 2012 U.S. federal budget of 2.6 trillion dollars.
Surprisingly, there appears to be another similar size cache of gold that was leased by China as an incident on the Swiss-Italian border in 2009 illustrates.
2. The Italian/Swiss border “Chiasso Incident”
In June 2009, two Japanese citizens - Akihiko Yamaguchi and Mitsuyoshi Watanabe - were caught on a train in Italy while traveling to Switzerland with a total of 134.5 billion dollars in US Federal Reserve notes, bonds and other financial instruments.
According to Asia News, the seized financial instruments comprised:
“249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each.”
The bonds were confiscated by the Italian financial police and the two Japanese arrested, and then later released.
According to the November 2011 District Court filing by Keenan, the bonds apprehended near Chiasso, Switzerland in June 2009 were genuinely issued by the Roosevelt administration in exchange for gold deposited by the Nationalist Government of China some time before the Japanese invasion on July 7, 1937.
The bonds seized near Chiasso, are separate to the bonds allegedly stolen from Keenan later in November 2009 as described in the Keenan law suit:
Upon information and belief, such bank capitalization [$145 billion contested in November 2011 lawsuit] was to include yet another approximately One-Hundred Thirty-Four Billion, Five-Hundred Million Dollars ($134,500,000,000,000) Dollars of financial instruments also owned by the Dragon Family, including FRNs and Kennedy Bonds virtually identical to the DFFI [Dragon Family Financial instruments] which were seized on the Italian/Swiss border in June 2009. [p. 10]
The US Federal Reserve notes seized at Chiasso in June 2009 was $124.5 billion out of a total of $134.5 billion.
Combined with the $124.5 billion later taken from Keenan in November 2009 - the subject of the November 2011 lawsuit - that means that a total of $249 billion of Federal Reserve bonds were issued for China’s gold. Again using the 1938 figure (far above image) for the price of gold ($34.87 per troy oz.), this suggests that the amount of gold ‘leased’ by China’s nationalist government was a total of 7.2 billion troy oz. or 220 thousand metric tons.
That is more than the world’s total gold reserves of 165 thousand tons.
Again, using the current spot price of gold, $1700 per troy oz., the value of Chinese gold in possession of the Federal Reserve has a price of twelve trillion dollars! This is close to the entire US Gross Domestic Product which in 2010 was 14.5 trillion dollars. Could such vast quantities of gold be secretly in circulation?
Another U.S. District Court case suggests that indeed such quantities do secretly circulate.
3. Joseph Riad versus Department of Homeland Security Lawsuit
A lawsuit revealing multi-billion dollar gold certificates issued by the U.S. Federal Reserve was lodged in the Pennsylvania District Court in December 2011.
The case was reported on December 23, 2011 by Courthouse News. The lawsuit again reveals the redemption efforts by private entities that came into possession of the Federal Reserve bearer bonds.
The case involves a total of $750 billion in gold certificates placed in three ornate chests created in the 1930s by Chinese artisans work for the then nationalist government. The case has been analyzed in by Wilcock in an investigation into immense quantities of “black” gold originating from China.
The core complaint of the lawsuit is that Nicholas Jones, a U.S. Federal Agent in the Department of Homeland Security, defrauded the plaintiff, Joseph Riad, of gold backed Federal Reserve bearer bonds totaling $15 billion out of the total amount of $750 billion.
The complaint first describes Riad’s efforts to determine the authenticity of the Federal Reserve Notes:
"Plaintiff has spent the previous nine (9) years engaging various and numerous experts and legal counsel so as to thoroughly and conclusively establish the existence, veracity, and authenticity of his bonds."
After Riad submitted 15 of the bonds to Agent Jones from the Department of Homeland Security acting in an official capacity for the purpose of redeeming the bonds, Riad was defrauded as outlined in the complaint:
Agent Nicholas Jones, as an agent of the United States and in his individual capacity, intentionally and willfully interfered with the personal property of Plaintiff sufficient enough to exercise complete and total dominion or control of Plaintiff’s fifteen (15) one billion dollar gold-backed bearer bonds when he refused to return said bonds to Plaintiff upon request that he do so by Plaintiff.
This case reveals how elements within the U.S. Federal Government set out to defraud private investors and/or those representing the owners of the 1934 Federal Reserve Notes, by pretending to redeem them, but with no intention of doing so.
In what Riad refers to as a “Affidavit of Procurement,” he describes the origins of the notes and claims that the,
“bonds were provided to the Chinese Government through the bank of China” (sic).
So again, we have an ongoing court case involving large denomination Federal Reserve notes/bonds issued against Chinese gold.
According to the gold certificate included in each of the three chests, the Chinese gold held as collateral for the bond issue amounted to 250 billion dollars for 25,000 metric tons.
This comes out to a staggering 75,000 metric tons of gold in total for the $750 billion. Almost half of the world’s known gold supply!
The conversion rate comes out to $310 per troy oz. which was the gold spot price in 1979. This suggests the 1934 Federal Reserve bonds were issued to the bearer in 1979 for the gold collateral (75,000 metric tons) even though the chests and Federal Reserve bonds were created around the same time in the 1930s.
So it appears that some entity linked to the U.S. government released or traded the 1934 bond issue for the hidden Chinese gold in 1979.
The Riad Court case reveals that the entity in question has individuals such as Nicholas Jones embedded in select U.S. government agencies such as the Department of Homeland Security. According to Fletcher Prouty, a former U.S. Army Colonel, the U.S. government agency that regularly embeds personnel in other federal departments/agencies is the Central Intelligence Agency.
I have shown in an earlier paper titled “The Black Budget Report,” that the CIA is the agency responsible for generating revenue for highly classified covert U.S. projects.
It’s highly likely that the Riad case illustrates how the CIA sometime around 1979, traded some of the Chinese gold secretly hidden in remote locations in the Philippines as persuasively argued by David Guyatt in The Secret Gold Treaty.
A lawsuit revealing multi-billion dollar gold certificates issued by the U.S. Federal Reserve was lodged in the Pennsylvania District Court in December 2011.
The case was reported on December 23, 2011 by Courthouse News. The lawsuit again reveals the redemption efforts by private entities that came into possession of the Federal Reserve bearer bonds.
The case involves a total of $750 billion in gold certificates placed in three ornate chests created in the 1930s by Chinese artisans work for the then nationalist government. The case has been analyzed in by Wilcock in an investigation into immense quantities of “black” gold originating from China.
The core complaint of the lawsuit is that Nicholas Jones, a U.S. Federal Agent in the Department of Homeland Security, defrauded the plaintiff, Joseph Riad, of gold backed Federal Reserve bearer bonds totaling $15 billion out of the total amount of $750 billion.
The complaint first describes Riad’s efforts to determine the authenticity of the Federal Reserve Notes:
"Plaintiff has spent the previous nine (9) years engaging various and numerous experts and legal counsel so as to thoroughly and conclusively establish the existence, veracity, and authenticity of his bonds."
After Riad submitted 15 of the bonds to Agent Jones from the Department of Homeland Security acting in an official capacity for the purpose of redeeming the bonds, Riad was defrauded as outlined in the complaint:
Agent Nicholas Jones, as an agent of the United States and in his individual capacity, intentionally and willfully interfered with the personal property of Plaintiff sufficient enough to exercise complete and total dominion or control of Plaintiff’s fifteen (15) one billion dollar gold-backed bearer bonds when he refused to return said bonds to Plaintiff upon request that he do so by Plaintiff.
This case reveals how elements within the U.S. Federal Government set out to defraud private investors and/or those representing the owners of the 1934 Federal Reserve Notes, by pretending to redeem them, but with no intention of doing so.
In what Riad refers to as a “Affidavit of Procurement,” he describes the origins of the notes and claims that the,
“bonds were provided to the Chinese Government through the bank of China” (sic).
So again, we have an ongoing court case involving large denomination Federal Reserve notes/bonds issued against Chinese gold.
Again I will say and above proves this statement.
THE BONDS ARE REAL, AND THE GOVERNMENT DOES NOT WANT TO ADMIT IT, AND ADVOIDS PAYING OUT… “CROOKS” JUST LIKE JONES (SS/CIA), AND THE BACK WOODS GAL from West VA.? Still haven't seen any
Credentials from her!!!!…. LOL
