Wednesday 24 August 2011

Robbing Muamar to pay Hugo

It's not mature to cover your debts by stealing from somebody else.
or, so we're taught in school.

One letter writer on zerohedge brought up an interesting point.

what if NATO wants us to think that Libya will be cleaned up soon?

What if they are in a rush to clean up Libya, because they want to
get their hands on Libya's gold, which lies within its borders.

The reason is the fact that Hugo Chavez of Venezuela wants his
country's gold back and the British banks don't have it, because
they gambled it away. They leased the gold and then leveraged
the gold that was not there 100x over in paper gold (GLD).

Of course, this is not the responsibility of governments. This is a banking issue.
So, why would governments do the bidding of the banks?
Because that's what they do every day.
They'll send soldiers to die so that bankers and oil oligarchs will have more riches,
from which to pay politicians.

UPDATE:
Apparently, the Lib's couldn't do it themselves and have recruited American and British commandoes, perhaps from Blackwater. Careful, they'll eat up their oil revenues.


checkitout:

Usgold.com
Not easy for bullion banks to put golden Humpty Dumpty back together again
Aug 20th, 2011 11:26 by MK
In plain terms, it is unlikely that Venezuela’s gold is sitting prettily in the above named bullion banks just waiting to be loaded on a cargo plane and sent to Caracas. It was probably loaned out long ago, and then perhaps, redeposited at some other bullion bank and loaned out again, etc. on down the line until it was fractionalized, atomized, and otherwise depleted from its unified whole. In short, it will not be easy for the bullion banks to reassemble this golden Humpty Dumpty.