[SeekAndFind]

RELATED :

http://www.zerohedge.com/news/greece%E2%80%99s-lenders-have-right-seize-national-gold-reserves

TITLE:

Greece’s Lenders Have The Right To Seize National Gold Reserves

[Olog-hai]

Waitasec . . . I thought Jose Manuel Barroso said that the European Union was a “non-imperial empire” (whatever that is) back in 2007? So they're imperialistic after all now?? Guess you can't have an empire without imperialism, eh.

[G Larry]

“confiscation of private gold”

hmmm....not likely where gun ownership persists.

Were neither gold nor guns are “registered”, the citizen holding same retains his liberty.

[Smokin' Joe]

If things follow the FDR paradigm, the (fixed) price of gold was changed after confiscation, from $20 to $35, reducing the value of federal reserve notes and dollar denominated assets overnight.

Expect similar shenanigans if banks in the EU start collecting...only it will happen in the open market.

Silver, too should jump.

As an aside, I noticed the normal list of coming mint offerings at the US Mint website is virtually absent, not the normal months long list of anticipated offerings of commemoratives, proof, and uncirculated issues, and the 5 ounce silver 'America the Beautiful' quarters issues are absent as well.

Maybe they know something we don't, maybe they just haven't gotten a round to it...

[donmeaker]

I have an Adams school arithmetic book printed in the early federalist period. It goes from counting, Roman Numerals, to proportion, which it calls the rule of three. It has a whole chapter on converting between local US currencies. e.g. New England Money to Virginia Money to Federal Money.

[phockthis]

This is well worth the read[above and below]:

Interview with Charles Savoie on TPTB of Silver Manipulation

Originally appeared as http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=22976:interview-with-charles-savoie&catid=49:silver-commentary&Itemid=130

In the relatively short number of years in which I have been researching and writing about the silver market, I have benefited greatly from the work (and the wisdom) of a number of “pioneers” to the precious metals sector. With respect to silver in particular, the two people who have done the most to educate me, and shape my views on the silver market are Ted Butler and Charles Savoie. Thus it is with great pleasure that I present this written interview with Charles Savoie.

Charles is a private researcher/historian who has invested a considerable amount of time and effort in compiling a vast body of research which he has titled “The Silver Stealers”. His chronology originally dealt primarily with events taking place in the 19th and early-20th century. However, he has since updated and expanded upon that initial chronology to include further events (and the individuals behind those events) right up to the present day. He links a relatively small but extremely powerful group of individuals (and often their descendants) together through two common “threads”: their propensity for actions which were extremely detrimental to the silver market and/or the holders of silver; and their membership in a little-known organization which they have called “The Pilgrims”.

The rest can be read here:
http://blog.ml-implode.com/2011/11/interview-with-charles-savoie-on-tptb-of-silver-manipulation/

[SMARTY]

Spengler was right. In the end it is just about blood and money.

[GonzoGOP]

Oh I cannot wait to here what Nigel Farage has to say about this one. It is going to be a world class rant.

[KarlInOhio]

One thing isn't clear is whether this is Greek government gold or individual Greek people's gold. From the linked article it looks like it is the government's reserves. I can't say I blame the other countries and bankers demanding that be turned over. If someone was screwing me over by not paying their debts and wanted to declare bankruptcy, I certainly would demand that his coin collection be turned over to me or sold and the assets given to me.

I'll save my sympathy for the chance that individual Greek citizens start having their gold taken away from them to cover the Greek government's debts.

[shove_it]

self ping

Thanks for posting SAF.