Karen Hudes- USD About to Crash, US Offered 170,500t of Gold

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Read Cryptonomicon by Neal Stephenson and assemble your own fun fantasy

http://en.wikipedia.org/wiki/Cryptonomicon

In brief - Axis powers start hiding valuables when the Allies start getting on top. Japanese pick remote jungle areas in the Philippines and throw a great deal of gold into well-trapped holes in the ground. At least one cache is discovered and used to finance political aspirations of Marcos. Others may remain.

It would be interesting to compare the amount of Gold known or calculated to be above ground in a) 1938, b) 1946, and perform similar exercises before and after other notable invasions (Hussein, anybody?).
 
hyphenated said:
Read Cryptonomicon by Neal Stephenson and assemble your own fun fantasy

http://en.wikipedia.org/wiki/Cryptonomicon

In brief - Axis powers start hiding valuables when the Allies start getting on top. Japanese pick remote jungle areas in the Philippines and throw a great deal of gold into well-trapped holes in the ground. At least one cache is discovered and used to finance political aspirations of Marcos. Others may remain.

It would be interesting to compare the amount of Gold known or calculated to be above ground in a) 1938, b) 1946, and perform similar exercises before and after other notable invasions (Hussein, anybody?).
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See: Yamashita's Gold : http://en.wikipedia.org/wiki/Yamashita's_gold and http://en.cyclopaedia.net/wiki/Yamashita-treasure
 
I would venture that NONE of the countries conquered by Japan in WW2 had anywhere near that much gold.

Most were poor backward countries full of subsistence peasants.


OC
 
Sorry - missed a few steps, including the Germans shipping a shedload to Japan to hide :-)

Maybe the Swiss didn't get it all.

Good book, though - techno-nerd crypto historical SF with some nice telecommunications twists, and a nice anglic genius.
 
331_demonocracy-gold-all_gold_in_the_world-reserves-cube.jpg



"All the Gold in the World - In a Solid Gold Cube
If all the gold ever mined was melted into a solid cube, the cube with sides of 20.5m would fit in an Olympic Swimming Pool. The small gold sphere, in front of the cash couch, weighs 1 metric ton exactly, with a value over $50 Million dollars."


http://demonocracy.info/infographics/world/gold/gold.html


Good site worth checking out to get a sense of perspective.
 
This 166,000 tons figure has to be sheer guesswork.

It has been mined for 5000 years or more, and no records were kept for much of that time, probably only the last few 100 years. The Victorian gold rush produced 2000 tons, and California rush produced 500 tons, and Sth Africa was the big one, many times the others.

Up to about 20 years ago they were producing 800 tons A YEAR!

JMO



OC
 
Whether 166,000 or 370,000 tonnes is the actual above ground amount of gold, no one can be sure. For thousands of years, the gold that was much more easily accessible has long been hoarded.

For those knuckleheads who claim to know that there is only x tonnes above ground, you are only fooling yourself, especially if you are getting your fictitious figures from a New York City based, biased, activist, gold hyping mouthpiece group.



..
 
mmissinglink said:
a New York City based, biased, activist, gold hyping mouthpiece group.
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I don't know which group you are alluding to but it can't be any worse than the discredited loon Karen Hudes.
 
JB3 said:
mmissinglink said:
a New York City based, biased, activist, gold hyping mouthpiece group.
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I don't know which group you are alluding to but it can't be any worse than the discredited loon Karen Hudes.
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The group I am alluding to is The World Gold Council.
 
Karen Hudes

With the enormous growth of the world Internet, many eminent people nowadays deliberately try to hide much of their biographical, business, family and relationship details from others, because if many of these secret details, especially if they contradict the image the person publicly represents , were accessible by the public much of this information could portray them in an entirely different light. Karen Hudes is one of these such people.
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More here
http://republicbroadcasting.org/karen-hudes-whistle-blower-or-deceiver/
 
I think the World Gold Council and the central planners are two hands on the same stomach. And a third hand are very likely those 3-4 big fund holder-institutionals that bought&dumped gold (as physically backed ETF shares) in recent years.
In the end, if a central bank wants to sell gold, it has to find willing buyers, and vice versa, if a central bank wants to buy gold, it has to find willing sellers. Who else from did the central banks bought their net purchases of recent years? And in the past, who they they sell to? It just makes clear that the whole is intimately working together as to control the gold price and punish those that try to use it to evade their tax/inflation/etc theft. Sometimes it gets plain ridiculously obvious, for ex those IMF gold purchases of 191 tonnes in 2008 and the sales of it during 2010. Their official reason to sell this gold: to get the dollars to aid poor African governments and to pay their administration bills. Central banks over the entire world created several trillions dollars/euro's etc to bail out some hundreds big systemicals and other buddies, but the poor IMF needed to sell gold in order to get dollars. Do you really believe this haha? I don't. :D And that's why I evade gold alike it's an ugly disease. Too many stocks under central 'cooperating' control.
 
tiddleyetom said:
Karen Hudes

With the enormous growth of the world Internet, many eminent people nowadays deliberately try to hide much of their biographical, business, family and relationship details from others, because if many of these secret details, especially if they contradict the image the person publicly represents , were accessible by the public much of this information could portray them in an entirely different light. Karen Hudes is one of these such people.
Click to expand...

More here
http://republicbroadcasting.org/karen-hudes-whistle-blower-or-deceiver/
Click to expand...



As mad she is, that website you've referenced is even worse:

"Its all a very clever, ingenius, evil, cunning, Marxist, British Socialist plot to take over the world, and I regret to say, both Karen Hudes and Barry Spergel are, right now, a very nasty and integral part of it."


I mean, really?!? Apparently it's important that the two named are Jewish too...
 
Incredible misreading of documents but this makes more sense of her outrageous claims;

Karen Hudes latest refers to "The UBS is holding 205,000 MT under the Global Debt Facility for the benefit of humankind" and she provides a link to a letter from UBS and associated gold certificates as proof of the figure.

The letter says that "... volume of 205,000 Metric Tons issued last June 15, 1977 is unrestricted for collateral ..."

Unfortunately, given that the letter and certificates are issued by UBS, a Swiss firm, and that Switzerland is one of the countries that uses commas as a decimal mark, then the "205,000" figure is actually referring to 205.000 tonnes.

205 tonnes is approximately $8,567,975,000.00 (or $8.5 billion, just in case anyone misinterprets the commas) and while that is a nice sum, I doubt it will be as helpful to "humankind" (a word I note excludes aliens/reptilian life forms) as $8,567,975,000,000 (or $8.5 trillion).
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Goldchat
 
I think Bron Suchecki* has elucidated the source of Hude's "205,000t" figure.

He thinks Hudes sourced the figures from a UBS document. In Switzerland, the comma is used to denote the decimal point.

Thus he postulates Hude has misinterpreted "Two hundred and five tonnes" as "Two hundred and five thousand tonnes".

Here's the original post from Bron's personal blog:
http://goldchat.blogspot.com.au/2014/07/205000-or-205-tonnes-of-gold-why-commas.html

*For stackers who aren't familar with him, Bron is the 'Manager, Analyst and Strategy' at the Perth Mint but as he would say, "opinions expressed are his own personal views and do not represent the view of The Gold Corporation or the Perth Mint".

P.S. note use of 'Ultracrepidarianism' label in blog post :lol:
 
That's the article the quote is from ;) Somehow missed that Bron had written it and his post on here about it.
 
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