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Something's up in the Gold market, IMF & the treasury.

Added: Friday, February 19th 2010 at 4:40pm by JoAnneMor
 
 
 

Not even sure where to start.

Wednesday I saw a story stating Soros bought Citi for $1.3 Billion dollars and doubled his stake in Gold.

Yesterday, I saw a story stating IMF was about to sell tons of Gold.

Also yesterday, I saw a story stating China had sold our treasury bonds in  a plan to buy Gold.

So I started digging.

I know, you're shocked. LOL.

Heres the facts and links.

Connect the dots.

Let's start at the beginning.

When Obama was elected, one of the first things he did was give $108 Billion dollars to the International Monetary Fund, (IMF).

Here is a story from the Wall Street Journal stating this.

"

Ah, transparency. Perhaps you've read that the new era of candor in government spending has arrived. Except, apparently, when it comes to the $750 billion that the Obama Administration and other nations have agreed to provide the International Monetary Fund. In this case, it's all opacity all the time.

At the G-20 meeting in April, the world's big shots promised to provide $500 billion under credit lines to the IMF known as "new arrangements to borrow." The U.S. share was said to be $100 billion, which last week we learned is actually $108 billion. The Obama Administration is now asking Congress to appropriate the cash, except that the Congressional Budget Office is only scoring the cost at $5 billion. How so? Because the transaction is being called an "exchange of assets," which means the U.S. gives the IMF the $108 billion and the IMF gives the U.S. a promissory note. Which raises a question: If it costs so little, why not make it $200 billion. Or a trillion? It's free!"

Keep this in mind, because there is math later.

Obama also bailed out Citi, twice so far.

Here is a story on this.

U.S. gave up billions in tax money in deal for Citigroup's bailout repayment

"The federal government quietly agreed to forgo billions of dollars in potential tax payments from Citigroup as part of the deal announced this week to wean the company from the massive taxpayer bailout that helped it survive the financial crisis."

http://www.washingtonpost.com/wp-dyn/content/article/2009/12/15/AR2009121504534.html

After the bailout and the forgoing of repayment, Soros buys Citi at a huge discount. $1,4 Billion Dollars. We lost all that money. That's only the beginning.

Here is story stating Soros bought Citi.

George Soros Buys Citigroup Inc.,

http://www.gurufocus.com/news.php?id=84769

"He bought Citigroup (C), now one of the top 5 holdings."!

Not only does George Soros own Citi, but guess who is his biggest shareholder?

None other than Prince Al-Waleed bin Talal.

Yes, The same Al-Waleed who bankrolled Obama all his life. Khalidi's boss & son to the king Obama bowed to.

Yes the same guiy who just bought voting stock in Fox news' parent company Murdoch's NewsCorp.

Here is a story about Al-Waleed connection to Citi.

Saudi prince comes to rescue of Citigroup

"Saudi Arabian prince Alwaleed bin Talal has come to the rescue of Citigroup with a much-needed cash injection today.

The surprise turnaround ended a two-year selloff that has wiped more than $200bn (£135bn) from the bank's market value.

The Saudi prince will increase his stake from about 4 to 5% in the coming days.

The move initially filled investors with confidence and sparked a buying spree before the bell. The shares surged 25 cents to $6.65, but then fell back to tumble by another 17.5%. Yesterday, they fell more than 22% in a single session while the stock is down more than 90% since 2006.

Based on Wednesday evening's closing price, the prince plans to invest about $349m of his fortune in Citigroup shares.

In a statement released at 9am in New York, Talal said he believed Citi's shares were "dramatically undervalued" and expressed "full and complete support to Citi management" including the embattled chief executive, Vikram Pandit."

http://www.guardian.co.uk/business/2008/nov/20/citigroup-bank-saudi-arabia

Remember Citi is Rahm's baby.

So now that we have covered the Citi angle, let's talk about what they are up to.

As I stated, Soros doubled his Gold investments.

Here is that story.

George Soros doubles gold investment

"US billionaire George Soros has more than doubled his investment in gold, despite calling it the "ultimate bubble" just weeks ago.

Mr Soros' investment vehicle Soros Fund Management increased its holding in SPDR Gold Trust to 6.2 million shares, worth $663m (£425m) at the end of 2009."

http://news.bbc.co.uk/2/hi/science/nature/8521680.stm

Here is the story about the IMF to sell almost 200 tons of Gold.

Bad News for Gold Bugs? IMF to Sell Nearly 200 Tons

Gold futures came under further pressure Thursday after the International Monetary Fund said it would sell another 191.3 metric tons of gold . The IMF has already sold the rest of the 403.3 tons of gold it pledged to put on the market in September.

The IMF said it will sell the remaining gold in a "phased way" to prevent market disruption and undue pressure on prices, but gold futures were off more than $13 to $1,107 an ounce in early trading, extending declines from an all-time nominal high of about $1,180 set late last year. The exchange-traded fund SPDR Gold Trust Gs (GLD ) has declined more than 8% from a 52-week high set in early December.

The sale totals about $105 Billion dollars worth of Gold.

(Remember we gave them $108 Billion dollars)

http://www.dailyfinance.com/story/investing/bad-news-for-gold-bugs-imf-to-sell-over-191-tons/19363349/

Finally, here is the story about China selling treasury notes in order to buy Gold.

Citi: China Sold Their Treasuries Because They Want To Buy Tons Of Gold

"In regards to whether or not China truly sold down its holdings of U.S. treasuries recently, the situation remains a bit murky . But Citi's Alan Heap thinks it happened for sure.

Moreover, he thinks China has a plan for the cash they pulled out of the U.S. -- They'll use it to buy 191 tonnes of gold from the IMF.

Alan Heap @ Citi: The IMF announcement that the fund

intends to sell 191t of gold sent a quiver through the market last week. However there was nothing new here. The gold is the residual from the planned sale of 403 tonnes which will partially finance new loans to developing countries.

...

The bank said that sales would be phased over time. But also kept open the possibility of direct transfers to other central banks.

...

The PBC [People's Bank of China] is the most likely central bank buyer. The bank is deeply dissatisfied with the performance of its US treasury holdings and has made clear its intention to diversify including into gold . In November and December the PBC sold USD46bn of treasures; they must be buying something.

While he remains rather neutral on gold, with a 2010 target price of just $1,162, he also highlights how Gold bullion demand picked up in Q4 as well, driven by 'Unidentified Investment'. Which could be good news for early 2010."

Note "Unidentified investments"!

So here's the scoop:

China sold our treasury notes to buy gold. Soros Al-Waleed (Paulson too) are selling the gold through citi, from IMF.

Obama already gave IMF '$108 bil. The gold being sold is worth $105 Bil. We paid for it already. Soros, Al-Waleed & China make money off it. Looks like$3 Bil missing.

If you connect the dots in those links, you will see the scam. Remember Rahm is Citi baby. He tanked it so Soros could buy cheap.

So we gave IMF Money. We bailed out Citi. Obama's handlers, Soros & Al-Waleed buy Citi cheap, buy Gold through IMF & Citi, Sell gold to China. China sold treasury notes to buy the gold.

So now we don't have Citi, money in IMF, treasury notes, or Gold.

In the meantime we paid for all this twice and are still getting robbed.

Here are a couple other miscellaneous links that tie in.

 

Obama’s $108 billion IMF bailout scheme

http://michellemalkin.com/2009/05/13/obamas-100-billion-imf-bailout-scheme/

Same as IndyMac. Soros bought that at a steal too.http://www.thedailybeast.com/cheat-sheet/item/soros-dell-buy-indymac/finance/ pd $1.3bil

Geithner, Soros, IndyMac, AIG connection http://tinyurl.com/djtour

http://www.libanmall.com/alwaleed75.htm Soros bought Citi. Al-Waleed has huge stock in Citi.

A little info on Geithner, his dad and China. http://www.blogster.com/joannemor/a-little-info-on-geithner-his-dad-and-communism

POST NOTE:

This was brought to my attention after I had written the original:

Federal Reserve Admits Hiding Gold Swap Arrangements, GATA Says

MANCHESTER, Conn.--(BUSINESS WIRE )--The Federal Reserve System has disclosed to the Gold Anti-Trust Action Committee Inc. that it has gold swap arrangements with foreign banks that it does not want the public to know about.

The disclosure, GATA says, contradicts denials provided by the Fed to GATA in 2001 and suggests that the Fed is indeed very much involved in the surreptitious international central bank manipulation of the gold price particularly and the currency markets generally.

The Fed's disclosure came this week in a letter to GATA's Washington-area lawyer, William J. Olson of Vienna, Virginia (http://www.lawandfreedom.com/ ), denying GATA's administrative appeal of a freedom-of-information request to the Fed for information about gold swaps, transactions in which monetary gold is temporarily exchanged between central banks or between central banks and bullion banks. (See the International Monetary Fund's treatise on gold swaps here: http://www.imf.org/external/bopage/pdf/99-10.pdf .)

The letter, dated September 17 and written by Federal Reserve Board member Kevin M. Warsh (see http://www.federalreserve.gov/aboutthefed/bios/board/warsh.htm ), formerly a member of the President's Working Group on Financial Markets, detailed the Fed's position that the gold swap records sought by GATA are exempt from disclosure under the U.S. Freedom of Information Act.

MORE>>

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20090923005709&newsLang=en

 

User Comments

OMG!!! This has been happening right under everyone's noses!

Yes.

I kept seeing money and Gold disappear. It's been transferred.

They are laundering it.

We paid for it twice. We bailed out Citi.

We forgave Citi's debt.

Soros & Al-Waleed got Citi. IMF got the $108 Bil. Citi & IMF selling the gold to China for our treasury notes that we still have to pay again!

These people are pure evil!

The absolute last people we need to hold our debt over our heads is Soros and Al-Waleed.

They put us in debt. Take our money and gold, and we still owe them on the treasury notes.

It's like living in a nightmare!

It's all part of the big picture.

 

Another news item yesterday. France upheld Soros' conviction for insider trading.

Ps. Did you know Al-Waleed now owns huge stock in Fox?

That explains their shift in reporting.

Has anyone noticed that lately Fox has been showing every stomp speech and word spoken by obama...I rarely even turn them on anymore..

They have to. Al-Waleed owns huge voting stock in NewsCorp.

They won't say Muslim & have shifted away from negatives on Obama.

Beck is being restrained.

Wed pm, O'reilly was talking about truthers & birthers.

He went on about conspiracy theories.

His guest was laughing and said, Yeah, just like Fox is owned by billionaire bankers. O'Reilly laughed and said, Everyone knows that's true. Then he laughed it off. I thought it was a weird thing to say.

Murdoch screwed himself.

When trading on public market, shares have to be sold to anyone who wants them.

They are all connected.

Fox was only ones who would dare air negatives on Obama, so Obama's handlers put a stop to it.

The boycott of sponsors didn't work.

Beck is being restrained.

My friend says he's acting like his family is being held hostage.

Only thing making sense is Beck saying get prepared.

I knew something was up....and now everything is clear..thanks JoAnne

http://rawstory.com/2009/2009/12/murdochs-news-corp-cements-ties-saudi-prince/

This is link to story on Al-Waleed buying into Fox/NewsCorp

A bunch of thieves...good work..I've been reading the various stories..but geez you are one smart lady...so now what??

We can't let them pass any more Bills, or make any more financial bailouts, transactions, or transfers. Have to inventory our Gold Fed Reserve and our treasury.

Have to be agressive.

I'll be sending this Kevin Brady and John Cornyn...

They must know all about it.

I knew TARP was a TRAP.

In a couple of my early blogs I was insisting TARP was a way to transfer our treasury.

It's not just transferred, it's been stripped.

Well I want them to know..We know about it too !!! I ask for investigations...I doubt John Cornyn will even read it..but I think Kevin Brady will...

Cornyn won't read it. Not sure about Brady.

Brady knew he messed up when he voted the second time around for Tarp..he was the one who made the ObamaCareOne Flow chart and has been going all over the place informing people...I'm going to print your post and links out and hand deliver them to his office and talk with his staff..

You have tied this all together,great job JoAnne!! OMG how many decades has this one been planned upon us?I am sending it on ,they sure hate the USA!ALwaleed and his boy O,ugh.Wonder how much gold the USA still has?!!

If you listen to the libs, they always say 60 years. The groundwork has been being laid since 1931. Fed Reserve created.

The final push has been going on since Carter.

Now Obama is sealing the deal.

Exactly what I thought,,O is the closer now.WHat can we do about this,they have too much time till Nov.to cause damage!

So what is being done to counter this by the non radical maybe it will go away Conservatives. I keep hearing Beck say to refrain from violence as we are having our homeland scooped from under us. The radical elements will not be restrained much longer. I hate to see it, but I hate to see Obama and the Liberals continue to hold office in this Country. Click-Click

Rut.

I am still looking deeper.

All this clicked today for me.

We have some catching up to do.

I'm worried and not sure how to stop it yet.

We really need help on this one.

We have to brainstorm.

It looks like Conspiracy because it is. Unless legislators start bringing into the public there is no starting point. I emailed this to Cornyn, but chances are they will never see it. What we need is a group of Lawyers something like the ACLU except looking out for America. Somehow legal action need to be brainstormed and get these stories into the daylight. Who the hell has the power to form this. To draw the minds together to find avenues to attack legally. Otherwise, get your guns out, we are going to sink unless you know a hell of alot more than I do. The problem is everyone wants to be on the air and be a messenger,,,,I call them the look at me group,,,I am warning you, but no action group...So far I see the Conservatives and Independents who have made headway,,,but don't have a damned person in any race that both sides will support. In reality, I love the tea party,,,but they are going to give the power back to the Liberals....When the hell are they going to jell into one. How the hell are you going to get ex Obama Democrats to stand behind they right Conservative or Constitution backing candidate. JoAnn, I admire you and appreciate the time you are putting in, but the time is closing in and we should already have people we are backing through the tea party also. We Don't

I have made aquaintance with some pretty powerful people. They are just as concerned as you and I are.

You are right.

We have to start setting up a coalition and command chain.

We are really way behind.

We are awake, but still not tightly organized.

The time is late. If you know people powerful enough that can put Constitutional Lawyers together to investigate the type of moves you just talked about,,,,with our money!!! Then it would be a big jump I would think...

There are millions of us. If we all chip in $5 bucks it will buy a lot of billing hrs for a lawyer.

I have suggested it, but it's time.

I will see who I can find, then we can appoint someone to set up a fund.

That is a good start.

I know Judicial watch lawyers are on some of this.

I will try to contact them to see what & who they reccommend.

I wish I knew how to get in touch with Judge Napolitano or someone like him.

What about making a video..to get the information out... 

That's an idea. It may help.

I am learning more about that guy John Paulson too. No relation to Hank, but he's a serious player.

He's right there w/Soros and Al-Waleed.

Check out his bio.

http://en.wikipedia.org/wiki/John_Paulson

This guy Paulson has touched Bank of America, Goldman Sachs, Bear Sterns, made $36 Billion off foreclosures & mortgage backed securities.

Paulson even made money betting against Bank of Scotland and Loyds.

JoAnne,

This link should get you to Judge Napolitano.

http://www.judgenap.com/contact.php

Thank you.

I will try to contact him.

Hi Strider.

I like the graphic. Didn't know he could dance like that.

That's too funny.

Thanks. :)

Knew you'd like it Joann....

Hi Jo Ann, great job with this article.I like the idea of pitching in $5 apiece to hire lawyers, but let's not forget that the corrupt courts keep letting Obama off the hook, so I have to wonder how good *any* amount of lawyers and lawsuits will do. Please let me know what you think. Thanks.

True.

The courts are stacked, but we can shine the spotlight on our own. We are msm now anyhow. Might as well get it on the web and YouTube.

Thanks very much. I appreciate your additional good ideas. YouTube has been bad as well as good, though - they have pulled some of Alex Jones' material. Thanks again.

Upload to YouTube then embed vid into a post here or at another blog where you can copy vids.

Burn it to a disk, then upload into a file. Copy from file on blog.

That way even if it get's pulled, it's not gone.

There are other free vid services too. eyeblast is one.

You are welcome. Don't hesitate to ask for help.

We are are all in it together.

We have each other's backs.

HI JoAnne - although I have not been commenting much of late, I am reading - I have read all your post from over the weekend and I must tell you that there is a "tone" in your message I have not heard before from you - which tells me things are ramping up faster than we all might think - and that our messengers are being compromised - most especially Beck - while I know it is never good to put to much weight into any one person - it is disheartening to think that Beck would not leave Fox if he was being contained - I have some thoughts on this subject and will share them if interested but was wondering what you think?  There is so much to say but I will leave it there for now - 

I thank you for always sharing and caring - 

For those of us who are not financialy smart or even have the funds to go into gold and silver - then what!  The only thing I can think of is our grandparents came through two depressions and wars with far less than we have.  Tough but they did it.  I have to think that if it comes to that we still have it in us to pull through.

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