What's new

Ron Paul 2012!!! Your thoughts on who we should pick for our "Cause"?

Status
Not open for further replies.

DiscoBiscuit

weed fiend
Veteran
Centuries? America didn't have an income tax until 1862 to pay for the Civil War. It was tried again after that and struck down as unconstitutional. It was abandoned for a while and finally accumulated in the 16 Amendment in 1913 top rate was 6%. To the conservatives dismay at the time the Progressive led government entered WWI and by 1917 the top rate rose to 67% and 77% by 1918. But we sure did expand and really kick start the Military Industrial Complex.

Don't forget, Washington imposed federal whiskey taxes to help pay off the war debt. Might also want to acknowledge our cumulative infrastructure expenditures rival our military prowess. We not only own infrastructure rivaling our military prowess, we have to maintain it.

Any of you guys posting from a cabin in the woods? Just want to make sure I don't erroneously assume that anyone's absorbing and benefiting from modernity.

Would have to add best wishes trying to get fellow Americans to mimic life in the late 17th to mid 18th centuries in order to more closely follow ideology that doesn't have a particularly swell application record.

Now that the Federal Government could tax people's labor at will we could really start expanding the American Empire. Empire's need the ability to tax their people at will if they wish to engaged in unbridled military conquest of the world (expansion).

From the beginning income tax was to initially pay for war and it's still the over arching theme today. It's not like they are using it to rebuild our infrastructure.

So I don't disagree that income tax has led to expansion over the last 100 years, but is that expansion a force of good is what is in dispute.

Without income tax the empire cannot continue on with it's 100 year state of perpetual war.

Force the government to manage it's self in an economical way and maybe we wouldn't be going around killing everyone.

Obviously to do so now would invite a complete collapse of the empire and will never happen. So instead the empire will eventually cannibalize itself as all failed empires do.

Advocating an end to armed conflict is admirable. I'm willing to endorse direct advocacy as a way to end dumb wars. That said, armed conflict is as old as humanity. IMO, reality suggests we're much closer to the need for a national defense than we are a tax policy that assumes/depends on perpetual peace. I'd like to have it but humanity hasn't learned how to sustain it.
 

zymos

Jammin'!
Veteran
Don't tell me electricity as I know about NICOLA TESLA and how they are suppressing his information to the world

Someone came home from the market with a new roll of Reynolds Wrap!

There's a reason you aren't getting free unlimited electricity from the air, and it isn't cause the government is suppressing anything...
 

itisme

Active member
Veteran
Sounds like your idea of freeeeedom is closer to freeloader.

Says the one who wants to take up peoples money and give it out to others. However they must drug test for food stamps while we let Wal-Mart, McD's, Citibank, Bank of America, Goldman, Barclay, Wells Fargo, plus many many more steal money by the BILLIONS while we suprsess the masses with lies, legislation, and JAIL but never drug test anybody get those BILLION DOLLAR CHECKS :D

I say let those keep what they earn. Let them use all of the plants and seed bearing herbs.

FREELOADER? Your the one promoting freeloading and your either to ignorant to admit the facts or your in on the lie.

The Tesla Prophecy and Suppressed Science
http://www.youtube.com/watch?v=CspKosxgXbM

I choose knowledge over ignorance and if this technology is possible and not here....Well Thx JP Morgan and the ROTHCHILDS :D This is fact and I am sure those ignorant ones will find some way to skim over the truth to spread a lie!

HOW FORD AND JP MORGAN SCREWED NIKOLA TESLA AND THE WORLD!
http://www.youtube.com/watch?v=OhpIb_rEOUI

Junius Spencer Morgan (1813–1890)​



In 1837 George Peabody, a Massachusetts trader along with Daniel Colt Gilman set up a banking house in London called the “George Peabody & Co”. Over a period of time his venture was highly successful and ultimately he became regarded as a financial ambassador in London. Daniel Colt who helped Peabody set up his banking house was a member of the “Skull & Bones” secret society and was also the president of the Carnegie Institution.

George Peabody was getting old and he sought a partner who would help run and expand his business. Junius Morgan of Hartford, Connecticut was recommended to Peabody as his partner. Junius was made the junior partner in the company. In 1845 Junius Morgan along with his family arrived in London to join Peabody’s firm. It was during the American Civil War that both Peabody and Morgan raised enormous loans for the north side and made huge profits.

George Peabody retired in 1864 and Junius took over the business and renamed the firm as “JS Morgan & Co”. Junius then made his son JP Morgan a junior partner in the firm. Later JP Morgan left for America to represent the firm in New York city. It was in the US that JS Morgan & Co became one of the greatest power tools of the Rothschilds. In 1879 Junius Morgan retired and his son JP Morgan took over the firm and reorganized it under “JP Morgan & Co”.

JP Morgan was a Rothschild agent and was a major supporter for the establishment of the American Federal Bank. He was one of the many who instigated the panic of 1907, which led to the creation of central bank. JP Morgan controlled nearly half of the American rail road system. He established the United States Steel Corporation in 1901 by raising $1.4 billion. After JP Morgan’s death in 1913 the firm became “Morgan Stanley & Co”

http://thechangeishere.blogspot.com/2009/10/rothschild-and-jp-morgan-connection.html


Watch those first and tell me, how does anybody think the GOVERNMENT makes electricity less expensive!
 
Last edited:

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
Here is another LOL.

Expansion (of the welfare state) Notice the expansion in the number of disabled workers.
Welfare%20Shadow.png


Either our work environments have become exponentially more dangerous of the last 3 decades or people are figuring out how to stealthy live off the welfare state. (population increase hardly explains the gradient of those curves either).
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
we have to maintain it.
They must have forgotten about that part.

Right National Defense is good. Let's be real though our massive MIC has nothing to do with defense. We've been perpetually at war overseas for 100 years.

Just like General Butler said. Our MIC is a whore for bankers looking to expand profits. Nothing more nothing less. "War is a racket."
 

DiscoBiscuit

weed fiend
Veteran
Where's the one that shows all our 2001-2008 gains lost to the top?


Sorry you got anonymous rep for that one. What more can you do than reference facts to support conclusions?

That anonyneg button is the worst thing IC has to offer.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
I'm not disputing that. I disapprove of the corporate welfare and the social welfare states equally.

Not only where those gains lost to the top. When the top lost it's ass due to criminal behavior the bottom bailed the top out. We keep this welfare state up on both the top and bottom and pretty soon there isn't going to be anyone left in the middle to finance the whole charade and that's going to be a very big problem.

Well, I guess we are getting pretty close to the point right now anyway.
 

DiscoBiscuit

weed fiend
Veteran
They must have forgotten about that part.

Right National Defense is good. Let's be real though our massive MIC has nothing to do with defense. We've been perpetually at war overseas for 100 years.

Just like General Butler said. Our MIC is a whore for bankers looking to expand profits. Nothing more nothing less. "War is a racket."

Yep, the House forgot to vote yes on targeted infrastructure spending. They're still rolling austere.

We've also defended ourselves a few times. We barely made it to Europe in time to help end armed expansion in WW1. Trade itself, or the restrictions imposed convinced the Japanese to preemptively attack our shores.

That said, I don't condone dumb wars. IMO, nixing taxes to quell aggression might leave us under the thumb of the aggressor.
 

itisme

Active member
Veteran
Quote:Itisme
Me and Ron Paul are aware he can't do that overnight and it would have to be done gradually as he dismantled the EPA, FED, HUD, DOEd. DOE, CIA, DEA, FBI, with every bit of alphabet soup he devours we have to pay less taxes. We meaning small businesses and individuals would have more FREEDOMS to expand an economy.

Discobiscuit:
That's the biggest laugh to assume Ron Paul can unilaterally reform congressional law. It's not a matter of time, it's a matter of law. What planet do you have to fly to to ignore that reality?

Wow, you talk about law and what Ron could or couldn't do, but those are all appointed positions and can be fired, especially when there is no money to pay them. He wants to reduce most to 40 or 50% and in the future 100% of the IRS. These are things he can do whether you want to admit it or not. Nobody in this thread is under the illusion you are adding to the thread. You're only hear to spread lies.

I'm not on OBAMA's KOOL AID PLANET where truth is treason and a lie is truth.
 

ShroomDr

CartoonHead
Veteran
Lawrence Wilkerson was on Bill Maher saying NATO is no longer necessary and expanding NATO aggravates arms-reduction talks with the Russians.

i totally agree... but... if NATO does not exist, the veil of 'international cooperation' vs 'US go it alone', is completely removed...

On one hand NATO hampers US interest, in another they mask them... its sticky situation... (<---understatement of the day)
 

DiscoBiscuit

weed fiend
Veteran
Quote:Itisme
Me and Ron Paul are aware he can't do that overnight and it would have to be done gradually as he dismantled the EPA, FED, HUD, DOEd. DOE, CIA, DEA, FBI, with every bit of alphabet soup he devours we have to pay less taxes. We meaning small businesses and individuals would have more FREEDOMS to expand an economy.



Wow, you talk about law and what Ron could or couldn't do, but those are all appointed and can be fired. He wants to reduce most to 40 or 50% and in the future 100% of the IRS. This is things he can do whether you want to admit it or not. Nobody in this thread is under the illusion you are adding to the thread. You're only hear to spread lies.

Dude, I wouldn't lose a nights sleep if Paul supporters could cast multiple votes. The only thing I'm impressed with is your lack of understanding of how things work.

Cabinet level heads may be fired but respective law reform is restricted to how it's passed.

Did a president unilaterally dictate the IRS? No, it's congressional mandate means no president may unilaterally wax the IRS.

As far as adding to the thread, you're the poster of double-down dogma. This demonstration of, "What I don't understand, I'll insist" ignores reason and logic.

Want an example? Try pointing out what you consider as lies. If you see a preceding IMO, recognize it's opinion and not purported as fact. Your opinion is no more truth than the swirly in your porcelain bus.

And here's a good rule of thumb. Most, if not all of Paul's waxations require an act of Congress. This means when he tells you he'll do something (with his own words, not "Me and Ron Paul") and never express detail - sorry, it ain't happening.

Come to think of it, some Paul supporters really have this, "My Ron Paul" where they explain and justify personal concepts of everything Ron hasn't said. Anything past that, it's made up.
 

ShroomDr

CartoonHead
Veteran
Because more taxes is what Americans need.....LMAO!

Once again you twist other peoples words, i said i dont respond to 4/5ths of your posts because you say asinine things like
LOL!!! You're so funny....

For expansion to occur you need ZERO INCOME TAX.

The twenty century was full of EXPANSION.

Sorry i cant Youtube link you a source, i thought i was common knowledge with the whole indoor plumbing, electricity, etc...


-
 

DiscoBiscuit

weed fiend
Veteran
i totally agree... but... if NATO does not exist, the veil of 'international cooperation' vs 'US go it alone', is completely removed...

On one hand NATO hampers US interest, in another they mask them... its sticky situation... (<---understatement of the day)

Yep, all that can't be underestimated. I'd have liked to see Lawrence speak more. I bet he would have acknowledged some of the down sides of dissolving NATO.
 

itisme

Active member
Veteran
i totally agree... but... if NATO does not exist, the veil of 'international cooperation' vs 'US go it alone', is completely removed...

On one hand NATO hampers US interest, in another they mask them... its sticky situation... (<---understatement of the day)

Thank you. Something we agree on 100% :D of courst there is much more to it than that. The FED and UN both need to be done away with.
 
Last edited:

itisme

Active member
Veteran
Sorry i cant Youtube link you a source, i thought i was common knowledge with the whole indoor plumbing, electricity, etc...

Your lack of thought and trying to spin what I say is the issue here. They are suppressing moer than Marijuana, Electricity, Plumbing....and more.....

When did we invent this new thing of indoor plumbing you speak of??? Did you not look at the N. Tesla info? Of course you didn't....You couldn't that before taking ANOTHER TIN FOIL HAT SHOT. I am reponsible for what I say, not what you understand. We didn't invent indoor plumbing or electricity. You need to expand your education and sphere of influence.

A water feature found in the Maya city of Palenque, Mexico, is the earliest known example of engineered water pressure in the new world, according to a collaboration between two Penn State researchers, an archaeologist and a hydrologist. How the Maya used the pressurized water is, however, still unknown.

"Water pressure systems were previously thought to have entered the New World with the arrival of the Spanish," the researchers said in a recent issue of the Journal of Archaeological Science. "Yet, archaeological data, seasonal climate conditions, geomorphic setting and simple hydraulic theory clearly show that the Maya of Palenque in Chiapas, Mexico, had empirical knowledge of closed channel water pressure predating the arrival of Europeans."

The feature, first identified in 1999 during a mapping survey of the area, while similar to the aqueducts that flow beneath the plazas of the city, was also unlike them. In 2006, an archaeologist returned to Palenque with a hydrologist to examine the unusual water feature. The area of Palenque was first occupied about the year 100 but grew to its largest during the Classic Maya period 250 to 600. The city was abandoned around 800.

"Under natural conditions it would have been difficult for the Maya to see examples of water pressure in their world," said Christopher Duffy, professor of civil and environmental engineering. "They were apparently using engineering without knowing the tools around it. This does look like a feature that controls nature."

Underground water features such as aqueducts are not unusual at Palenque. Because the Maya built the city in a constricted area in a break in an escarpment, inhabitants were unable to spread out. To make as much land available for living, the Maya at Palenque routed streams beneath plazas via aqueducts.

"They were creating urban space," said Kirk French, lecturer in anthropology. "There are streams in the area every 300 feet or so across the whole escarpment. There is very little land to build on."

These spring-fed streams combined with approximately 10 feet of rain that falls during the six-month rainy season also presented a flooding hazard that the aqueducts would have at least partially controlled.

The feature the researchers examined, Piedras Bolas Aqueduct, is a spring-fed conduit located on steep terrain. The elevation drops about 20 feet from the entrance of the tunnel to the outlet about 200 feet downhill. The cross section of the feature decreases from about 10 square feet near the spring to about a half square foot where water emerges form a small opening. The combination of gravity on water flowing through the feature and the sudden restriction of the conduit causes the water to flow out of the opening forcefully, under pressure.

"The conduit could have reached a theoretical hydraulic head limit of 6 meters (about 20 feet)," said Duffy.

At the outlet, the pressure exerted could have moved the water upwards of 20 feet.

"The experience the Maya at Palenque had in constructing aqueducts for diversion of water and preservation of urban space may have led to the creation of useful water pressure," said French.

The Piedras Bolas Aqueduct is partially collapsed so very little water currently flows from the outlet. French and Duffy used simple hydraulic models to determine the potential water pressure achievable from the Aqueduct. They also found that Aqueduct would hold about 18,000 gallons of water if the outlet were controlled to store the water. One potential use for the artificially engineered water pressure would have been a fountain. The researchers modeled the aqueduct with a fountain as the outlet and found that even during flood conditions, water would flow in the aqueduct, supplying the fountain, and above ground in the channel running off the slope. Another possibility could be to use the pressure to lift water onto the adjacent residential area for use as wastewater disposal.

"The palace has features that suggest something similar," said French.

The National Science Foundation and the Foundation for the Advancement of Mesoamerican Studies supported this work.

Share this story on Facebook, Twitter, and Google:
 

ShroomDr

CartoonHead
Veteran
Thank you. Something we agree on 100% :D

if taking both sides of the issue can bring us together....:tiphat:




-

Im not sure how i feel about it... id figure you for a 'dissolve' and let our foreign policy stand on its own...

Sounds nice... not sure its real world implications are beneficial to anyone on the planet... China is on the rise... not that NATO has any business in Asia...(or Africa).

As insane as MAD (mutual assured destruction) is, it was/is actually extremely effective...


-
 

itisme

Active member
Veteran
i taking both sides of the issue can bring us together....:tiphat:

I ltry to look at it from every angle presented, which is often more that two sides.

WAR is a RACKET is we are being exploited.

If you knew me...Nobody would call me a passive but when it comes to WAR....It should be a worst case senerio and it should be done quickly! We have nukes but nobody is attacking us. If you look at the US, UN/NATE, Brittish Armies...That is arond 65%=70 of all militaries....That is why they are always concerned with Russia and all the NUKES and China too.

Every war we have been in since the Korean War has been done through the UN. NO CONGRESS..Even though that is the LAW DISCO!

As insane as MAD (mutual assured destruction) is, it was/is actually extremely effective...
Right on.
 

itisme

Active member
Veteran
China and Russia are very RELUCTANT UN/NATO participants.

I saw a speach where Putin warned them of the US/UN New World Order. I am not making that up so nobody need post a "tinfoil hat" comment. I actually posted here a while back.

China is about to go off on the US.
Fake gold bars in Bank of England and Fort Knox

But what about gold? This is the most sacred of all commodities because it is thought to be the most trusted, reliable and valuable means of saving wealth.

A recent discovery — in October of 2009 — has been suppressed by the main stream media but has been circulating among the “big money” brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox — the US Treasury gold — that is the equity of our national wealth. In short, millions (with an “m”) of gold bars are fake!

Who did this? Apparently our own government.

Background

In October of 2009 the Chinese received a shipment of gold bars. Gold is regularly exchanges between countries to pay debts and to settle the so-called balance of trade. Most gold is exchanged and stored in vaults under the supervision of a special organization based in London, the London Bullion Market Association (or LBMA). When the shipment was received, the Chinese government asked that special tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holed are drilled into the gold bars and the metal is then analyzed.
Officials were shocked to learn that the bars were fake. They contained cores of tungsten with only a outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the US and had been stored in Fort Knox for years. There were reportedly between 5,600 to 5,700 bars, weighing 400 oz. each, in the shipment!
At first many gold experts assumed the fake gold originated in China, the world’s best knock-off producers. The Chinese were quick to investigate and issued a statement that implicated the US in the scheme.

What the Chinese uncovered:

Roughly 15 years ago — during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] — between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day.

According to the Chinese investigation, the balance of this 1.3 million to 1.5 million 400 oz tungsten cache was also gold plated and then allegedly “sold” into the international market. Apparently, the global market is literally “stuffed full of 400 oz salted bars”. Perhaps as much as 600-billion dollars worth.

An obscure news item originally published in the N.Y. Post [written by Jennifer Anderson] in late Jan. 04 perhaps makes sense now.

DA investigating NYMEX executive ,Manhattan, New York, –Feb. 2, 2004.

A top executive at the New York Mercantile Exchange is being investigated by the Manhattan district attorney. Sources close to the exchange said that Stuart Smith, senior vice president of operations at the exchange, was served with a search warrant by the district attorney’s office last week. Details of the investigation have not been disclosed, but a NYMEX spokeswoman said it was unrelated to any of the exchange’s markets. She declined to comment further other than to say that charges had not been brought. A spokeswoman for the Manhattan district attorney’s office also declined comment.”

The offices of the Senior Vice President of Operations — NYMEX — is exactly where you would go to find the records [serial number and smelter of origin] for EVERY GOLD BAR ever PHYSICALLY settled on the exchange. They are required to keep these records. These precise records would show the lineage of all the physical gold settled on the exchange and hence “prove” that the amount of gold in question could not have possibly come from the U.S. mining operations — because the amounts in question coming from U.S. smelters would undoubtedly be vastly bigger than domestic mine production.

No one knows whatever happened to Stuart Smith. After his offices were raided he took “administrative leave” from the NYMEX and he has never been heard from since. Amazingly, there never was any follow up on in the media on the original story as well as ZERO developments ever stemming from D.A. Morgenthau’s office who executed the search warrant.

Are we to believe that NYMEX offices were raided, the Sr. V.P. of operations then takes leave — all for nothing?

The revelations of fake gold bars also explains another highly unusual story that also happened in 2004:

LONDON, April 14, 2004 (Reuters) — NM Rothschild & Sons Ltd., the London-based unit of investment bank Rothschild [ROT.UL], will withdraw from trading commodities, including gold, in London as it reviews its operations, it said on Wednesday.
Interestingly, GATA’s Bill Murphy speculated about this back in 2004;
“Why is Rothschild leaving the gold business at this time my colleagues and I conjectured today? Just a guess on my part, but suspect something is amiss. They know a big scandal is coming and they don’t want to be a part of it… [The] Rothschild wants out before the proverbial “S” hits the fan.” — BILL MURPHY, LEMETROPOLE, 4-18-2004

What is the GATA?
The Gold Antitrust Action Committee (GATA) is an organisation which has been nipping at the heels of the US Treasury Federal Reserve for several years now. The basis of GATA’s accusations is that these institutions, in coordination with other complicit central banks and the large gold-trading investment banks in the US, have been manipulating the price of gold for decades.

What is the GLD?GLD is a short form for Good London Delivery. The London Bullion Market Association (LBMA) has defined “good delivery” as a delivery from an entity which is listed on their delivery list or meets the standards for said list and whose bars have passed testing requirements established by the associatin and updated from time to time. The bars have to be pure for AU in an area of 995.0 to 999.9 per 1000. Weight, Shape, Appearance, Marks and Weight Stamps are regulated as follows:
Weight: minimum 350 fine ounces AU; maximum 430 fine ounces AU, gross weight of a bar is expressed in troy ounces, in multiples of 0.025, rounded down to the nearest 0.025 of an troy ounce.

Dimensions: the recommended dimensions for a Good Delivery gold bar are: Top Surface: 255 x 81 mm; Bottom Surface: 236 x 57 mm; Thickness: 37 mm.
Fineness: the minimum 995.0 parts per thousand fine gold. Marks: Serial number; Assay stamp of refiner; Fineness (to four significant figures); Year of manufacture (expressed in four digits)
.
After reviewing their prospectus yet again, it becomes pretty clear that GLD was established to purposefully deflect investment dollars away from legitimate gold pursuits and to create a stealth, cesspool / catch-all, slush-fund and a likely destination for many of these fake tungsten bars where they would never see the light of day — hidden behind the following legalese “shield” from the law:

[Excerpt from the GLD prospectus on page 11]
“Gold bars allocated to the Trust in connection with the creation of a Basket may not meet the London Good Delivery Standards and, if a Basket is issued against such gold, the Trust may suffer a loss. Neither the Trustee nor the Custodian independently confirms the fineness of the gold bars allocated to the Trust in connection with the creation of a Basket. The gold bars allocated to the Trust by the Custodian may be different from the reported fineness or weight required by the LBMA’s standards for gold bars delivered in settlement of a gold trade, or the London Good Delivery Standards, the standards required by the Trust. If the Trustee nevertheless issues a Basket against such gold, and if the Custodian fails to satisfy its obligation to credit the Trust the amount of any deficiency, the Trust may suffer a loss.”
The Federal Reserve knows but is apparently part of the schemeEarlier this year GATA filed a second Freedom of Information Act (FOIA) request with the Federal Reserve System for documents from 1990 to date having to do with gold swaps, gold swapped, or proposed gold swaps.

On Aug. 5, The Federal Reserve responded to this FOIA request by adding two more documents to those disclosed to GATA in April 2008 from the earlier FOIA request. These documents totaled 173 pages, many parts of which were redacted (blacked out). The Fed’s response also noted that there were 137 pages of documents not disclosed that were alleged to be exempt from disclosure.

GATA appealed this determination on Aug. 20. The appeal asked for more information to substantiate the legitimacy of the claimed exemptions from disclosure and an explanation on why some documents, such as one posted on the Federal Reserve Web site that discusses gold swaps, were not included in the Aug. 5 document release.
In a Sept. 17, 2009, letter on Federal Reserve System letterhead, Federal Reserve governor Kevin M. Warsh completely denied GATA’s appeal. The entire text of this letter can be examined at http://www.gata. org/files/ GATAFedRespon” onclick=”window. open(this. href);return false;” onclick=”window. open(this. href);return false;” onclick=”window. open(this. href);return false;” onclick=”window. open(this. href);return false;” onclick=”window. open(this. href);return false;” onclick=”window. open(this. href);return false;” onclick=”window. open(this. href);return false; … 7-2009.pdf.

The first paragraph on the third page is the most revealing.”In connection with your appeal, I have confirmed that the information withheld under exemption 4 consists of confidential commercial or financial information relating to the operations of the Federal Reserve Banks that was obtained within the meaning of exemption 4. This includes information relating to swap arrangements with foreign banks on behalf of the Federal Reserve System and is not the type of information that is customarily disclosed to the public. This information was properly withheld from you.”
above statement is an admission that the Federal Reserve has been involved with the fake gold bar swaps and that it refuses to disclose any information about its activities!

The above statement is an admission that the Federal Reserve has been involved with the fake gold bar swaps and that it refuses to disclose any information about its activities!

Why use tungsten?
If you are going to print fake money you need to have the special paper, otherwise the bills don’t feel right and can be easily detected by special pens that most merchants and banks use. Likewise, if you are going to fake gold bars you had better be sure they have the same weight and properties of real gold.

In early 2008 millions of dollars in gold at the central bank of Ethiopia turned out to be fake. What were supposed to be bars of solid gold turned out to be nothing more than gold-plated steel. They tried to sell the stuff to South Africa and it was sent back when the South Africans noticed this little problem. The problem with making good-quality fake gold is that gold is remarkably dense. It’s almost twice the density of lead, and two-and-a-half times more dense than steel. You don’t usually notice this because small gold rings and the like don’t weigh enough to make it obvious, but if you’ve ever held a larger bar of gold, it’s absolutely unmistakable: The stuff is very, very heavy.

The standard gold bar for bank-to-bank trade, known as a “London good delivery bar” weighs 400 troy ounces (over thirty-three pounds), yet is no bigger than a paperback novel. A bar of steel the same size would weigh only thirteen and a half pounds.

According to gold expert, Theo Gray, the problem is that there are very few metals that are as dense as gold, and with only two exceptions they all cost as much or more than gold.
The first exception is depleted uranium, which is cheap if you’re a government, but hard for individuals to get. It’s also radioactive, which could be a bit of an issue.

The second exception is a real winner:
tungsten. Tungsten is vastly cheaper than gold (maybe $30 dollars a pound compared to $12,000 a pound for gold right now). And remarkably, it has exactly the same density as gold, to three decimal places. The main differences are that it’s the wrong color, and that it’s much, much harder than gold. (Very pure gold is quite soft, you can dent it with a fingernail.)
A top-of-the-line fake gold bar should match the color, surface hardness, density, chemical, and nuclear properties of gold perfectly. To do this, you could could start with a tungsten slug about 1/8-inch smaller in each dimension than the gold bar you want, then cast a 1/16-inch layer of real pure gold all around it. This bar would feel right in the hand, it would have a dead ring when knocked as gold should, it would test right chemically, it would weigh *exactly* the right amount, and though I don’t know this for sure, I think it would also pass an x-ray fluorescence scan, the 1/16″ layer of pure gold being enough to stop the x-rays from reaching any tungsten. You’d pretty much have to drill it to find out it’s fake.

Such a top-quality fake London good delivery bar would cost about $50,000 to produce because it’s got a lot of real gold in it, but you’d still make a nice profit considering that a real one is worth closer to $400,000.

What’s going to happen now?

Politicians like Ron Paul have been demanding that the Federal Reserve be more transparent and open up their records for public scrutiny. But the Fed has consistently refused, stating that these disclosures would undermine its operation. Yes, it certainly would!"

More here:
Fake gold bars in Bank of England and Fort Knox | Pakistan Daily
 
Status
Not open for further replies.

Latest posts

Latest posts

Top