humanspirit wrote: There's already some military tension between the US and China, and I'm sure this will escalate as the American empire and economy crumbles further. I hope it's largely achieved through relatively non-violent means because we got rather too close to being completely blown to smithereens last time. I cannot imagine for one second that the US establishment will just let China take over without some form of response, I fully expect a Cold War-esque scenario to play out for some years, if only on the level of propaganda and posturing. At some point matters could come to a head over Iran, with China and Russia forming a coalition and the Anglo-American old world order on the other 'side'. This is pretty much the scenario in the movie Threads in which Britain is nuclear bombed back to the Stone Age.

WUBs believe me when I say there are no vaults of gold

I have spent Christmas dinners with bruce patoulou ,

You ma\y not know who he is?

The Money men in the US will have the drug trade to fall back on of course via their South American friends.

dawnbreak wrote: No, I don't know who he is.

dawnbreak wrote:
Obviously people would like to know who bruce patoulou is and what evidence you have of there not being vaults of gold.

Having said that you could ask me what evidence i have of there being vaults of gold other than news articles with photos of queeny walking round bullion.

I don't have any evidence by the way.

and what evidence you have of there not being vaults of gold.



Being in banking for 20 years and being privvy to tours of the safes/vaults and having knowledge of the assets and liabilites of not only the bank I was employed in but the one the company tried to 'buy/takeover', which included Couts &Co. They do have a variety of very interesting items in safe keeping however they belong to the customers not the actual bank

Have Couts been bought out by RBS, do you know?

Yes Gilly they have

They were part of the NatWest group

Couts & Co was the part of the banking arm I was tasked to look into when the bank I worked with put in a bid to buy the group.

Contrary to popular belief it is not the bank of the royal family. That is still Adam & Co

Yeah? I thought the Royals were with Couts. Never heard of Adams till you said it.

dawnbreak wrote:
Have you visited the old lady of Threadneedle Street?

the bank of England

yes

38 Threadneedle Steet

I don 't think many people know about Adam & Co

You have to be mega rich to be allowed in

dawnbreak wrote:
Interesting,and there was no bullion in any vaults?

No

In all seriousness there are not gold bullions hanging around in any bank

Say today you decided to invest in gold you will pay your money for it but there will be no actual gold

You'll be buying into a commodity not an actual lump of lump of gold

dawnbreak wrote:
I understand the difference between paper gold and physical gold but you are claiming more than just that you are claiming there is no gold in the bank of England vaults.

If this is true then the video bellow is total fraud,which of course is possible.

Go online, order an Oz of gold, give an address, see what you get.

oioioi wrote: You can definitely acquire both gold bullion and coins from dealers, there's no doubt about that. It has often been suspected and asserted that there isn't a lot of physical bullion knocking about in banks, it was reported that the US refused to deliver Germany their gold which they are supposedly storing a few months ago:



Certainly some pretty major authorities still believe it's there; ie. the German government. Whether or not it is, we don't know.

I got from that vid that the german gov thinks it might not be there, wub.
It really wouldnt surprise me.
On the surface all this stuff seems to be desperation to balance the books. Selling off the family silver to pay the mortgage.
This isnt the case though is it and the fed/BofE etc know that. They know the mortgage can never be paid. The govs know this, sensibly they would default and tell the banks to go jump. But they don't....they keep selling off assets a la brown and britains gold, privatising stuff at knock down rates, ramming a fist up the arse of the people's wallets to grab every last coin and passing as much actual stuff as possible into the control of a few private interests.

So what is happening is real wealth theft given the illusion of it being about managing economies.
Economies which are way past manageable.

There's little left to sell. Little that can be done with financial tools like interest rates. We're told the mortgage still needs to be paid. Cue permanent austerity which inevitably leads to zero government expenditure. No free schools, hospitals, welfare....it'll all be given to the profit motive. But you can bet they'll still want your taxes, to pay the mortgage and that they'll still want to be governing the plebs...