Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Gold and Silver Market Manipulation Conspiracy

Commodities / Gold & Silver 2009 Feb 11, 2009 - 11:17 AM GMT

By: Robert_Bradshaw

Commodities Best Financial Markets Analysis ArticleGoldsmiths Part XXX - To set the stage for what is to follow below, by this writer on the US invasion of Iraq in 2003, goldseek.com of Oct 1, 2008 had an article by Bix Weir on “My Gold and Silver Conspiracy Story” which really whets the appetite of a thinking person. Weir wrote that after WWII a vast gold hoard of Japanese gold (most of which was stolen from other Asian countries) was found hidden in over 175 different sites in the Philippine Islands by a member of General Charles Willoughby's staff. Willoughby was General MacA rthur's Chief of Intelligence.


Weir said that the treasure involved more than 300,000 tons of gold and other treasures. He did not state what part of the find was gold. But he did note that the total of all mined gold in the world was believed to be 140,000 tons. Thus, the Japanese gold find in the Philippines must have been at best only some part of the 140,000 tons.

This treasure, per Weir, has been known by many names including Yamashita's Treasure, The Golden Lily Treasure, The Black Eagle Fund and many others off shoots. This revelation became known to the public from the 2003 release of the book “Gold Warriors: America's Secret Recovery of Yamashita's Gold,” written by Sterling and Peggy Seagraves.

This gold find in the 1940's would have crushed the value of monetary gold around the world, per Weir. Because the US Government was the largest holder of monetary gold, it would have significantly devalued the US monetary reserves if made public . Too, its revelation would allow claims from certain Asian countries that the gold belonged to them. This would upset the balance of power and wealth in the region.

Therefore, per Weir, the US decided to keep the treasure find a secret. Every US President since Truman has known about the treasure and the organizations that grew up around it. Weir dogmatically asserts that the institutions that were involved with it are vast and powerful--including JP Morgan, Citigroup, AIG, the World Bank, Morgan Stanley and so forth. Accordingly, Washington power players from the early days of Bill Donovan and Edward Casey to recent times have used this treasure find to advance their own agendas through an organization known as “The Enterprise.”

Over the years, per Weir, this gold has been used as the main source of covert funding by the US and Western intelligence agencies to manipulate financial markets, overthrow governments, and enrich the personal coffers of those who have been charged with administering it.

Weir says that from the end of WWII until the early 2000's the US government's Enterprise group has worked in the shadows and went virtually unnoticed while implementing covert policies on unsuspecting countries around the world. In addition to advancing their national agendas, they also were corrupted by the wealth that the treasure provided by lining their own pockets along the way. Much of this operation was run out of the NSA and CIA through programs discussed in John Perkins' book “Confessions of an Economic Hitman.” Since the publication of Perkins' book many of the players have come out of the shadows to tell their stories.

Weir goes on by saying that in the 1980s and 1990s various schemes were used to rig the gold and silver prices by setting up a shell mining company named Barrick Gold. Reportedly, Barrick processed the Yamashita Gold in order for it to be the instrument to facilitate the many gold manipulations, and gold hedging scams of the banking cabals--along with metal leasing, swapping, pooled funds, ETF's, etc.

In his further remarks, Weir notes that in the early 1990's a plot was hatched by the “Vulcans”, a subset of the Enterprise, to crush the Russian Empire in what was to be called Project Hammer. The idea was to create a slush fund of $240 billion in fraudulent, possibly gold backed, 10 year bonds to economically crush the Russian Ruble, loot it's Treasury and transfer ownership of Russia's vast natural resources to US backed “partners.” These bonds were created on September 12, 1991 and matured 10 years later… to the day.

Recently, an interesting report was released on the internet which is relevant to this discussion (entitled “Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001”). Weir believes it to be an “unofficial release” from the Office of Naval Intelligence (ONI) intended to expose the entire operation. The chapter entitled “The War Chest” on page 6 talks about the origin and main players of the Enterprise as well as the covert gold operations.

Independent Verification

In the way of an independent verification of the above report by Bix Weir, I was on Saipan Island in early 2005. At the Federal courthouse I and some others had a conversation with a local lawyer who had been the US Attorney on Guam. Furthermore, this lawyer just happened to be married to a Filipina woman and had spent some time in the Philippines.

During the ensuing conversation, he brought up the matter of gold hidden in the Philippines which was discovered by US forces after WWII. While he did not say what was to have ultimately happened to the gold found by the Americans, it appears that the cache was large and it was hidden in different locations.

Of course, random allegations about found gold may not whet the appetite of many people, but such allegations coming from a man with the background of the Guam US Attorney and his ties to the Philippines must make one set up and take notice. While I did not necessarily believe the lawyer in 2005, his remarks may have now had some follow-up from the Bix Weir article and other sources.

Stolen Nazi Gold

Just like there has been much speculation about what happened to Japanese gold stored in the Philippines, constant discussion and concern has been expressed over Nazi gold whish was allegedly hidden in various parts of Europe in 1945. To set the stage for the German gold, numerous sources alleged that the Nazi gold was stolen from Jews headed to the concentration camps.

Wikipedia of Dec 22, 2008 acknowledged the theft of gold from private individuals but added that large amounts came from assets in Austria, Czechoslovakia, Danzig, Belgium and the Netherlands. To mask its acquisitions, Nazi Germany understated its official gold reserves by at least $40 million.

While nothing concrete has been forthcoming over the years, Wikipedia notes that the Nazi gold disappeared and has since been the subject of several books, conspiracy theories and a civil suit filed in January 2000 against the Vatican Bank, the Franciscan Order and others. I would add here that a number of movies have been made on the issue, including the popular James Bond movie on “Goldfinger.” In June 2008, film producer Michael York put out a documentary on “The Search for Nazi Gold” which detailed the allegedly unsuccessful efforts to find the gold since 1945.

Nazi Germany was thought to have stolen or acquired millions of pounds of gold (worth in the billions of dollars). Allegedly she transferred some $440 million in gold to the Swiss National Bank during WWII, of which $326 million was thought to have been looted.

Some of the theories floating around are that the famous Jewish Mob boss Meyer Lansky had connections with the Swiss National Bank. After the war, he somehow stole or appropriated over $300 million of Nazi gold from the bank and laundered it into several unknown bank accounts.

Since the Swiss National Bank is a House of Rothschild controlled bank and since Lansky had been laundering money through it and other Rothschild banks in the world, it makes perfect sense that Lansky and the Rothschilds made off with the Nazi money and gold on deposit there. Otherwise, allegations from US Army Intelligence sources suggest that more than 200 million Swiss Francs were transferred, evidently from Switzerland to Vatican City and possibly the International Refugee Organization.

As late as Feb 2008, news reports surfaced that a large amount of Nazi gold had been hidden in a cavern near the village of Deutschneudorf, Germany. This gold reportedly came from a Russian collection dubbed the “eighth wonder of the world.” In Russia, it had been stored at a place called the Amber Room in an 18 th century chamber inside the Catherine Palace in Leningrad (now St Petersburg). Supposedly the Germans stole it in 1941.

The New York Times of May 8, 1997 had a revealing summary of the stolen Nazi gold. While acknowledging the huge amounts of stolen gold and the fact that very little of was ever publicly recovered and restored to its rightful owners, the Times had some provocative comments which dovetail with what is alleged to have happened to the Japanese gold.

The Times said that “The honest excavation of history can bring sobering discoveries, as the American Government has now found in an examination of Nazi Germany's stolen gold and its redistribution after the war. No nation emerges unscathed from this investigation, including the United States, and many are disgraced. It is saddening but not altogether surprising to learn that morality and justice, especially the international obligation to look after the survivors of the Holocaust, were swiftly sacrificed to expediency when the gold was divvied up after the war. Remedying this failure, as the report rightly notes, is the unfinished business of World War II.”

Going on, the Times added: “Here America bears considerable responsibility. It led the postwar effort to recover and distribute the gold. Yet only a small portion of the $580 million in gold stolen from conquered governments, worth some $5.6 billion today, was ever recovered. Even less of the millions of dollars in gold and other assets taken from individuals were returned.”

Finally, to top off the indictment against America, the Times concluded: “The task of tracing and apportioning the gold and other assets was daunting, but American officials tolerated intransigence by other nations and accepted pitiful restitution agreements in the name of cold-war solidarity… Worse still, gold and other valuables found in Germany that had been seized from millions of individuals and households across Europe were knowingly mingled with assets stolen from European governments by the Nazis. As a result, gold that should have gone to help individuals through relief and compensation programs ended up in European and American government vaults, where some remains today.”

Thus, the Times' article sometimes looks the other way on US involvement with the gold after WWII; although the story did offer some sharp criticisms on America's handling of the gold at the end of WWII. From my own perspective, I don't believe for a minute that the US military failed to locate the gold and take immediate possession of it—saving possibly the amount stored with the Swiss National Bank which passed to Lansky and the Rothschilds at the end of the war.

So what happened to the Nazi gold stored in Germany and other areas occupied by the Nazis? While the US allegedly has done little or nothing to recover this gold and get it back to its rightful owners, I take the position that the US immediately took possession of it as it was located and identified, starting in 1945. Thus, if the US gained possession of the gold, what did she do with it?

Well, one of the prompt moves by the Truman administration after the war was to establish a super spy outfit called the CIA. Actually, the CIA did not start from scratch but rather came into being on the heels of the old OSS (Office of Strategic Services, headed by Bill Donovan, as cited above by Bix Weir).

Since the US never officially acknowledged possessing the gold (which, if acknowledged, the US would have been obligated to return it to its rightful owners), is it not likely that the US “secretly” held the gold and used it for whatever money needs existed outside the purview of Congressional appropriations?

Does the reader remember the Iran scandal involving Oliver North? This one almost brought down President Reagan. In it, the US sold military arms and assets to Iran and kept much of the money secretly in a White House slush fund rather than depositing it with the US Treasurer. North and his White House colleagues used the money to illegally fund the Contras in Nicaragua and to finance other unauthorized activities.

The Bix Weir article above on the Japanese gold opens the door for its use by the CIA in any number of operations over the years. Frankly, it is very likely that the same thing happened with the Nazi gold appropriated by the Americans at the end of WWII. Most of it stayed with the US and was used for nefarious US schemes over the years. To convert gold to dollars, it is a given that CIA linked mining companies could have easily laundered the US gold for the CIA or whomever.

Stolen Iraqi Gold

In 2008, this writer became fascinated with the work of Paul Wolfowitz, former Deputy Secretary of Defense and former President of the World Bank (where he was forced to resign after his improper activities at the World Bank). Anyway, Wolfowitz was the Pentagon's top planner for the invasion and conquest of Iraq in 2003.

While the invading US forces failed to secure the Iraqi museums holding gold, silver and other artifacts of priceless value (looters came to the museums and made off with much of this stuff that had withstood the trials of war, weather and even the Mongol invasions; some of which was over 5,000 years old, dating back to the earliest chapters of the book of Genesis), the Wolfowitz plan did provide for the seizure and security of the Iraqi oilfields (that should give the reader some idea on where Wolfowitz placed his priorities).

One of the other things which motivated a Wolfowitz priority was the Iraqi Central Bank which contained not only the large sums of Iraqi dinars but other foreign currencies and, interestingly, some gold. It is unclear how much gold was at the bank. Since Saddam had abandoned the dollar in his oil sales and turned to the use of gold and other currencies to back his dinar, we can be sure that he must have had a sizable sum of gold stored at the bank.

The American Free Press of Aug 20, 2003 broke a story by Gordon Thomas on “CIA Accused of Bank Heist” which reported that upon invading Iraq the CIA made off with $10 billion in Iraqi currency and other assets (which logically would have included whatever gold that Saddam had stored at the bank).

Per the story, the stolen money was laundered thru the Discount Bank of Israel, the Credit Suisse of Switzerland and the Dresdner Bank in Germany. Serious allegations have since surfaced stating that the Rothschilds ended up with this money. For sure, neither the US or Iraq got it.

Omitting what might have happened with the currencies, the bigger question right now has to be what happened to the gold. Since Iraq was backing its dinar with gold, we can bank on it that the Iraqi Central Bank must have had some sizable amount of gold on hand. Importantly, nothing has been said in the US controlled media over the years about what happened with the gold or even the stolen currency. This has turned out to be a taboo subject which no one wants to talk about.

A Strong Possibility

Despite the news blackout on the missing Iraqi gold (and currency as well), we can put this question into the same frame as the missing Japanese gold and Nazi gold as discussed above. Surely the CIA had most of this gold in its hands over the years. The agency could have easily used it for whatever purposes it desired.

But in recognition of the fact that the CIA people are just like other government employees, we can bank on it that the presidential governing administrations knew about and would have used any or all of this Japanese, German and Iraqi gold however desired. The big question has to have been the matter of laundering it through some mining company to make it readily available to the CIA and the monetary people at the US Treasury and at the privately owned Federal Reserve Bank.

One of the things that many market analysts have come to understand is that the US operates the Exchange Stabilization Fund and the Working Group for Financial Stability (popularly known as the Plunge Protection team) to manipulate and control the financial markets. Gold is one of the prime assets which these manipulators have used over the years to manipulate and control the gold market (as reported by the Gold Anti-Trust Action Agency).

This puts the Fed and Treasury in the position of often having to borrow or lease gold from people holding gold. With all of this stolen Japanese, German and Iraqi gold, these hauls would offer a literal goldmine of gold immediately available to the manipulators. Of course if the gold can be laundered through a mining company (like allegedly Barrick), it facilitates the process.

The Bottom Line

The bottom line on this is that the US government and its agencies since 1945 have gained access to large amounts of gold which have never been accounted for. If the US government, through its plunge protection team and other financial manipulating activities, has needed large sums of gold to manipulate the gold markets during the last many years, those sums of gold could have been easily made available through clandestine means—like the CIA.

_____________________________________________________________________

Back issues of the Goldsmiths, by the editor of the Analysis of News, can be accessed from a Google or Yahoo search engine by typing in “R. D. Bradshaw” Goldsmiths. Several hundred web sites can be found with the back issues and with translations to Spanish, Italian, German, Chinese and other foreign languages. Goldseek.com has the first 28 parts in its archives. Finally, the “Archives-Goldsmiths” of this website (www.analysis-news.com ) has all of the Goldsmith articles issued to date.

Besides the revelations contained in the Goldsmiths' articles, the work of the plutocratic financial market manipulators to conspiratorially manipulate and control the financial markets (to make more profits and install a world government under their management) is also addressed at length in the periodic analysis of the news and in other articles produced at www.analysis-news.com. This website has an article of interest to any person interested in understanding the market Manipulators. It is the Hidden Secret of the Manipulators, why they succeed and how to follow their manipulations.

Readers of the above articles are invited to visit www.Analysis-news.com and become a subscriber to regularly read some of the material from the world of information which will further reveal how extensive the manipulation, control and dishonesty realities are in the financial, currency and commodity markets, not only in the US but indeed around the world. To go to this website, please click at the link here: www.analysis-news.com .

By Robert Bradshaw

Robert Bradshaw is a retired CPA and editor of Analysis of News at www.Analysis-News.com.

© 2009 Copyright Robert Bradshaw - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Mach
18 Feb 09, 11:59
Gold high-risk investment

I have written many times earlier that "Gold is high-risk investment" because if someday massive amounts of "ancient gold" is discovered then gold price will crash rock bottom without any warning.


Gboy
17 May 10, 21:51
Gold and Silver Market Manipulation Conspiracy

Robert Bradshaw,

I am a Yamashita treasure hunter from the Philippines, your allegation regarding vast amount of WW2 Japanese treasure/ gold are correct, specially the Marcos gold.

However, If you want to know the truth and get undeniable proof of it....simply HELP US FINANCE THE EXPLORATION TO RECOVER THESE BURIED WW2 TREASURES...If we succeed you will have UNDENIABLE PROOF OF WW2 TREASURES.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in