War on Jesus

thought-provoking and powerful documentary film on the current and historical root causes of the Israeli-Palestinian conflict. Unlike any other film ever produced on the conflict — 'Occupation 101' presents a comprehensive analysis of the facts and hidden truths surrounding the never ending controversy and dispels many of its long-perceived myths and misconceptions

Dutch bank defaulted on physical gold deliveries to customers

And this could be also happening in the Land of The Free.

Basically their customers thought they had gold in their bank, but the bank defaulted and said it would give them the paper money equivalent instead. They informed their customers that there was no physical gold available.

So far, the people who believe that there is a big cartel suppressing the price of gold using the “paper gold” market have been widely regarded as conspiracy theorists that shouldn’t be taken seriously. The “paper gold manipulation theory” predicts that the world’s financial institutions lack the physical gold required to keep the price suppressed and sooner or later the powers that be will resort to gold confiscation.

The conclusions are clear to any seasoned investor. Never trust a bank to hold your precious metals. It will only end badly.

Source: the voice of Rusia – http://voiceofrussia.com/2013_03_28/ABN-has-no-gold-left-for-its-clients/
FAIR USE-
“Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.”

Advertisements

Single Post Navigation

One thought on “Dutch bank defaulted on physical gold deliveries to customers

  1. Pingback: Gold Confisaction Imminent? Or Does India Simply Have An Offer For Its Citizens They Can’t Refuse… | Zero Hedge « Olduvaiblog: Musings on the coming collapse

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: