Anybody who understands generally accepted accounting principles knows that ‘cash’ is different from an ‘account receivable.’.... “But central banks ignore this reality of generally accepted accounting principles because the IMF allows them to perpetuate this deception. The gold is taken out of the vault, borrowed by bullion banks, and then gold fabricators melt it down, and disperse it throughout the globe in various forms of fabrication. It’s all documented and it’s a tremendous amount of gold. At the time I had concluded that it was about 15,000 tons of gold which had actually been put into the market out of central bank vaults. This is approximately half of what central banks reported to own at the time.” James Turk - Click to link for full story at KWN
Telling the truth has become a revolutionary act, so let us salute those who disclose the necessary facts.
29 Oct 2012
15,000 Tons Of Western Central Bankster Gold Is Gone - James Turk
Anybody who understands generally accepted accounting principles knows that ‘cash’ is different from an ‘account receivable.’.... “But central banks ignore this reality of generally accepted accounting principles because the IMF allows them to perpetuate this deception. The gold is taken out of the vault, borrowed by bullion banks, and then gold fabricators melt it down, and disperse it throughout the globe in various forms of fabrication. It’s all documented and it’s a tremendous amount of gold. At the time I had concluded that it was about 15,000 tons of gold which had actually been put into the market out of central bank vaults. This is approximately half of what central banks reported to own at the time.” James Turk - Click to link for full story at KWN
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