The gold was exchanged for paper money, meaning that the owners of the FED used the power of the US government to confiscate all the privately-held gold in the US, at only the cost of printing paper. According to available records, individual citizens surrendered nearly 3,000 metric tonnes of gold, mostly in coins. The amount of gold bars and bullion surrendered from the private sector is extremely difficult to determine accurately. All historical analyses focus on the gold coinage and ignore the bullion, yet this had to be by far the larger part since it was a standard clause in commercial contracts at the time that settlements would be made in gold and both companies and banks had to be in possession of large stocks of it. The historical studies go to great lengths to trace all the gold coinage produced, to estimate the amount remaining in circulation and thus the amount surrendered to the FED. It would seem the easier method would be to simply request of the FED the amount of coinage surrendered, but the FED apparently refuses to part with this information, and is dead silent on the matter of bars and bullion. My estimate for the bullion was around 6,000 or 7,000 tonnes as a minimum, for a total of about 10,000 tonnes, but Seagrave quotes credible sources claiming the FED purchased 18,000 tonnes so I will use that figure.
However, this was nowhere near sufficient to cover the 50,000-tonne shortfall, so the Jewish bankers – led by the Jew Morgenthau, who was then Secretary of the Treasury – dued the US dollar by about 70% immediately after the gold had been confiscated, thus raising the gold price from $20 to $35, and substantially reducing the FED’s shortfall. But this was with the tragic result that Americans were not only cheated by the loss of their only real cash asset, but of the 70% loss in value. There were lawsuits of course, with the courts essentially determining that the government’s action was illegal and unconstitutional, but that citizens had no recourse.
In summary, to bail out the FED, Rothschild (or his colleagues) convinced Roosevelt to pass a law permitting Rothschild to confiscate all the privately-held gold in America and to due by 70% the paper given to Americans in return for that gold. Those 18,000 metric tonnes of gold had a value then of about $20 billion*, taken from the people in the middle of the worst recession in living memory, surely one of the cruelest and most inhumane acts possible at the time. A gold run on the Federal Reserve bank was imminent, and this entire act was simply to prevent the financial collapse of the FED – at the cost of further impoverishing the population and extending the Great Depression by years. 32,150 oz. per metric tonne @ $35/oz. (roughly $1 million per tonne) times 18,000 metric tonnes. Today, that gold is worth around $1,700 per oz., or about $50 million per tonne, times 18,000 tonnes = approximately $1 trillion.
(12) US Silver Purchase Act of 1934They didn’t stop there. The next year, 1934, President Roosevelt implemented yet another Executive Order, number 6814, The Silver Purchase Act, that specified the seizure of all silver in the US and a huge program to purchase silver on the open market at almost three times the then market price. From any rational standpoint, this action was bizarre. The US government did indeed nationalise the US silver stocks, but by purchasing that silver from Americans at the old price of $0.45. This action vacuumed up billions of scarce government funds at the depth of the Great Depression when most Americans were struggling to survive and avoid starvation and bankruptcy.
Having accomplished this, Roosevelt then even more bizarrely enforced the second part of the act which directed the Treasury to purchase silver at a price of at least US$1.29 per ounce, which was nearly three times the then market price which American citizens received. The legislation primarily authorised the Treasury to purchase silver “from foreign countries” on the open market – on the New York Futures Exchange. But this Act was totally bizarre because such purchases had never occurred, nor would they. Not even a crazy person would spend money buying something at $1.29 when that commodity was widely available on world markets everywhere at $0.45. So, what really was driving this new policy?
To this time, China had been on a silver standard for its currency for hundreds of years, the only currency in the world fully backed by precious metal, and responsible for creating a solid and stable economic base, permitting China to escape altogether the Great Depression that was ravaging the rest of the world. The American silver policy of course dealt a devastating blow to this centuries-old stability because the Americans were not purchasing silver from foreign countries on the open market, but only in China through the American banks like Citibank, Morgan and Chase because they were immune to Chinese export regulations. These US agents offered Chinese three times the market price for their silver, naturally resulting in a flood of silver flowing into these banks and from there to be shipped to the US on American military vessels. I have seen statements by historians that China had about 1 billion ounces of silver which at the time was 1/3 of the world stocks, but that is clearly untrue since Shanghai alone was losing half a billion ounces a month, and Chinese banks that normally had their currency backed 60% with silver were down to about 4%.
A careful reader should have noticed that the most important piece of this puzzle is missing. Let’s recap: (1) The US government bought up all the gold existing in private hands in the US, then gave all that gold free as a gift to Rothschild and the other Jewish owners of the FED. (2) The US government then bought all the silver in the US and also gave that to Rothschild’s FED as a gift. (3) It then instituted a policy of the US Treasury buying all the silver in China at three times the world market price and gifting all that silver to Rothschild’s FED.
It may occur to you to wonder why the Jewish bankers at the FED didn’t also try to buy up all the gold in China. They didn’t need to, because some of their closest friends were already on this path. See Citibank, below.
The part that’s missing is the money. This was in the middle of most severe depression in living memory, people were starving, the US government had no money and the currency as well as the FED were in danger of collapsing. How could Roosevelt afford to buy up all that precious metal and gift it to a few Jewish bankers? Easy. They lent him the money by printing paper, and collecting not only the principal but the interest. Roosevelt didn’t have the money to buy Rothschild a Christmas gift, so Rothschild lent Roosevelt the money – at interest, to buy his gift. And that’s how the US went $33 billion into debt 1n 1933.
It isn’t possible to accurately estimate the total value of the silver extracted from the US or China, so I make no leger entry here.
Leger Entry: $0 billion in today’s dollars
(13) Citibank – The Great Gold Robbery
The Chinese have always hoarded gold, individually, as security, and they were certainly doing so in 1902 when Citibank came into China on the verge of bankruptcy and needing a clever way to rebuild its asset base. Citi found it. The bank advertised throughout the nation the insecurity of keeping gold bars in a sock under the bed, and managed to convince at least 100 million Chinese to deposit their gold in Citibank’s vaults where it would be safe. After more than 40 years of this, when war clouds were gathering, Citi loaded literally dozens of US military vessels with all that Chinese gold and closed its doors without even saying good-bye. The gold, of course, would all have been turned over to the FED in return for paper. People today are still trying to recover their gold from Citibank. Since the documentation is irrefutable, US courts have permitted lawsuits, but on the stipulation that the claimants must appear in person at the trials. No problem, but the American consulates in China refuse to issue visas for these people to travel to the US. No travel visas, no court claims against Citibank, no recovery of Chinese gold. The gold was of course turned over to the US FED in return for paper.
There is much more to this story, since Citibank pulled the same stunt in perhaps a dozen countries. If it works in one place, it should work everywhere. At the same time, in 1902, that Citi (International Banking Corporation) registered itself in China, it also opened banking operations in Manila, Calcutta, Singapore, Yokohama, Brazil, Argentina, and in other countries. In Argentina, Citibank was so hated for these gold thefts that in 1927 a group of victimised “customers” retaliated by blowing up both Citibank’s headquarters and that of the Bank of Boston, and they so hated the US government (and Americans generally) for protecting Citibank that they also bombed the US Embassy and the Ford Motor company. Ignoring the thefts from all the other countries, the amount of gold stolen by Citibank (and Chase and Morgan) from Chinese citizens alone was in the tens of billions, spanning the period from 1902 to 1949, but it is almost impossible to calculate accurately, and I will make no leger entry for this.
Leger Entry: $0 trillion in today’s dollars
这个故事远不止如此,因为花旗银行可能在十几个国家上演了同样的闹剧。如果它在一个地方有效,那么它应该在任何地方都有效。与此同时,花旗(国际银行公司)于1902年在中国注册,并在马尼拉、加尔各答、新加坡、横滨、巴西、阿根廷和其他国家开设了银行业务。在阿根廷,花旗银行因这些黄金盗窃案而备受憎恨,以至于1927年,一群受害的“客户”为了报复,炸毁了花旗银行总部和波士顿银行(Bank of Boston)的总部。他们非常憎恨美国政府(以及美国民众)保护花旗银行,还炸了美国大使馆和福特汽车公司。忽略所有其他国家的盗窃,仅花旗银行(以及大通银行和摩根银行)从中国公民那里盗窃的黄金数量就有数百亿美元,时间跨度从1902年到1949年,但这几乎是不可能准确计算的,我就不做任何记录了。
记账:0万亿美元
(14) The Great Gold Robbery – Part 2 – The US FED
This is one of the most staggering frauds ever perpetrated in the history of the world, one that seems to have been expunged from all our history books, to the point where I doubt one person in a million has any knowledge of it. Like all good frauds, it was simple: From 1932 until the start of World War II, the US government and the Jewish media were extravagantly fear-mongering to the entire world that either Japan or Germany would be invading every nation and inevitably looting all their central and commercial banks. The solution offered was for all the banks in all the world’s nations to turn their entire gold reserves over to the US FED for safekeeping until the war was over. And they did. Every day, the New York Times faithfully recorded shipments of millions of dollars of gold from all these nations to the US. One NYT article claimed seven US naval destroyers laden with 125,000 metric tons of Chinese gold sailed to the US in 1938, one of many such. These “deposits” were evidenced by gold certificates issued by the US Treasury, although the gold actually went to the US FED.
However, there doesn’t appear to be even a single credible instance of any of this gold ever having been returned to its owners. In every case, the FED stated that the certificates proffered were either forgeries with obvious spelling and other errors, or that they simply “could not confirm the issuance of certificates” with those serial numbers, and refused to redeem them. A journalist at the Financial Times claimed:
“It has now reached a point where you can go into one of the big banks in New York, London or Zurich, give them half a metric ton of gold in return for a certificate of ownership, walk around the block for 10 minutes, re-enter the same bank, and they’ll deny ever seeing you before, and have you arrested for presenting them with a counterfeit certificate.”
But then some very strange events. A CIA aircraft was discovered crashed in the jungle of the Philippines, containing trillions of dollars of these same certificates, and clearly originals and not forgeries. Upon that discovery, with the attendant publicity and the surfacing of redemption claims for these certificates, the FED panicked, leading to something truly bizarre: the FED suddenly decided to remelt and recast its entire holding of gold for the stated purpose of “preferring to have all their gold ingots in the same shape”. No explanation was offered, but then none was really necessary. Remelting tens of thousands of tons of gold is a huge undertaking, complicated and very expensive, and would never be done for the foolish reason of changing the shape of the bars. Whatever the FED’s stated purpose, the main result was that remelted gold no longer contains its original markings, which meant there was no longer any way to identify the original source of that gold. And that meant no one could ever prove the gold held by the FED was the gold that was – in real terms – stolen – from nearly every country in the world.
One famous instance was the gold stocks from China’s central bank. When Chiang Kai-Shek lost the Chinese civil war and fled to Taiwan, his last act was to loot all the gold from the central bank of Mainland China and the commercial banks, and take the tonnes of bullion with him to Taiwan – under the protection of the Americans. To further their protection, the US convinced Chiang to let them take the gold to the US “for safekeeping” in case China attacked Taiwan and stole “his” gold. This bullion was never returned. In fact, long after her husband’s death, and until the day she died, Mme. Chiang was arguing, fighting, begging, and suing, the US government and the FED for the return of “her” gold. She failed, and the matter died. Taiwan today has no knowledge of this.
There does not appear to exist any unified record of all the gold shipments delivered to the US FED under this scheme, but it had to have been at least in the high tens if not hundreds of billions, and this occurred in the 1930s, nearly 90 years ago now. If we assume a conservative total collected worldwide of only five times that confiscated in the US alone, that gives us around 100,000 metric tonnes, at around $50 million per tonne at today’s prices, or about $5 trillion. All of this gold went into the pockets of the few Jewish bankers who own the US FED.