Get ready, gold is the new bad-guy, associated with crime and terrorism because of its utility. A big 42 page report here by the intergovernmental Financial Action Task Force (FATF) joint FATFAsia/Pacific Group on Money Laundering. Basically they go into considerable detail about how the attributes of gold make it a very important facilitator of crime and terrorism around the region (including Australia). Some extracts below. Case study 12 covers GST fraud:
More that they have discovered they can associate gold with terrorism and further demonize cash and anonymous transactions.
Maybe it's just me, but I always get the feeling that "Terrorism" is being used as a convenient excuse to remove our freedoms and herd us toward a centrally controlled cashless society.
Oh, yeah, I see now. Terrorism is the new buzz word that allows them to do anything they want, while claiming to being our saviours. Sort of like the words "climate change" were being used a few years ago. Bugger.
A later phase would see 999 gold bullion added to the Schedule of Prohibited and Restricted Goods. Of course you could keep any gold product that attracts GST like jewellery and collector coins under a certain value, and there would be an amnesty on declaring your gold assets, and you could even get a permit to own 999 bullion after a police background check and regular audit.
Awesome. That would make it contraband, which means it's value would increase significantly on the black market! Happy days.
Happy days until some Russian or Middle Eastern guy slits your throat after puncturing your eyes with a screwdriver while you are tied to a chair. Edit: hmm, that sounds a bit harsh. I just meant to say, it could be a bit dangerous.
One small point to notice is the sentence: "They form the basis for a co-ordinated response to these threats to the integrity of the financial system". Is gold is a weapon of financial destruction?
HSBC Whistleblower: Banks Are Financing Terrorism "Stern uncovered a money-laundering operation at HSBC in 2011, when he discovered that the bank was giving the terrorist group Hezbollah access to millions of dollars. "What I found was criminal manipulation of the wire filter and there was hundreds upon millions of dollars moving from Caribe Supermarkets, which is in Gambia, which is owned by the Tajideen brothers, which are financiers of Hezbollah," he explained. "And that money was being laundered through the U.S. and then back to Lebanon," he said." read more at: http://www.newsmax.com/Newsmax-Tv/HSBC-Everett-Stern-banks-terrorism/2014/07/30/id/585888/ It seems the Financial Task Force hasn't heard of HSBC ...
The FATF report isn't fundamentally about money laundering and crime, otherwise they would have mentioned HSBC and certainly would have covered the billions of dollars that is laundered through Australian real estate. Instead they give several case studies of, in comparison (it still seems allot to us as the general public), smallish laundering operations involving tens of millions (not hundreds of millions or billions). The focus is on gold, but why gold? The FATF is tasked with protecting the integrity of the financial system. The case studies in the paper don't threaten the integrity of the financial system. As they made very clear when explaining all the the useful attributes of gold as a store of value and anonymous means of exchange, it seems it may be gold itself that threatens the integrity of the current financial system, or at least limits the power of those who wish to control the financial system and consumer behavior.
This is the way it was with the bikers - first news stories, get up the backs of the morons (general public), then comes the legislation which all of the morons welcome, because it doesn't affect them. Then you can't ride a motorcycle without being harassed. Wait for it: a few more news stories demonising gold and then we'll see the legislation. Democracy: the means by which megalomaniacs rule the world. You should have to pass an IQ test and an examination of knowledge about social and financial institutions before being allowed to vote. If you're not willing to educate yourself about what's going on around you, you shouldn't get a say in how it is run. Then these scare campaigns that are aimed at pushing us into a corner could never get traction.
Martin Niemller was a German Lutheran pastor resistor who was eventually imprisoned by the Third Reich. (*I am aware he didn't actual publish this exact version)
If we believe Karen Hudes' sensational claims there is an alleged move to replace fiat with gold backed currency ... the cabal do not want that to happen ... http://in5d.com/karen-hudes-dollar-to-crash/ Constitution's Champion Supreme Court Justice Antonin Scalia Dies at West Texas Ranch "Justice Antonin Scalia was a man of God, a patriot, and an unwavering defender of the written Constitution and the Rule of Law. He was the solid rock who turned away so many attempts to depart from and distort the Constitution." https://reclaimourrepublic.wordpres...tice-antonin-scalia-dies-at-west-texas-ranch/ The Constitution and Rule of Law is part of the transition to an asset backed system and now this judge is dead ...
