“A person that I know with significant deposits in one of the primary Swiss banks, in allocated gold, wanted to take out his gold and was just refused on the basis of directives from the central bank. They told him the amount was in excess of 200,000 Swiss francs and the central bank had instructed them not to do it because it has to do with anti-terrorism and anti-money laundering precautions. I really wonder whether those are precautions or whether the gold simply isn’t there. It has to raise our suspicions that the lack of physical gold behind the paper gold is literally so severe that we are coming to understand that it is in fact not there.”
Related posts:
Germany recognizes Bitcoin as a “private money,” subject to capital gains tax
US and Germany to enter no-spying agreement, German government says
The Decline of the Petrodollar
The Case Against Government Bans on Feeding the Homeless
Taliban’s ‘Parallel State’ Waiting Out War's End To Govern Afghanistan Again
Tunisia: financial offshore centre
More Sanctuaries for All You Ron Paulians, Vets, Pro-lifers and Anti-Leviathan Types
Dutch firm Eliantie offers staff holiday pay in bitcoins
Liberland: utopian tax-free micronation or state of mind?
T-Mobile's Free Money Service, Complete With 42,000 No-Fee ATMs
AmEx Must Share Dutch Account Info With IRS
Prison Phone Call Industry Will Fight New FCC Rules Lowering Inmate Rates
Guy Builds Bomb Using Only Items Bought After Airport Security
Ex-cop who ‘beat the s–t out of’ jaywalk suspect charged with assault
The NSA Playset: Espionage tools for the rest of us