It should be very easy to determine if US Treasury bonds are real or not. The recent ones would all have CUSIP numbers and be in electronic form. The older bearer bonds have all matured, but there may be $100 million or so of them outstanding.
So how could there possibly be trillions of US bonds floating around? Could there be secret bonds that were issued? The bonds that were seized were all dated 1934.
Here are the bizarre stories:
$6 Trillion In US Bonds Seized In Zurich, Said To Pose "Severe Threats To International Financial Stability"
Why Were The Trillions In Fake Bonds Held In Chicago Fed Crates?
Now read this:
"[In the 1920s] each country that handed over its gold -- and / or had its gold forcibly taken -- was given certificates of deposit, or bonds, in exchange for what they gave up. The bonds were issued by the Federal Reserve, through their various banks in major cities of the United States. These bonds were considered to be as valuable and as redeemable as cash. The problem was that the Federal Reserve printed vastly, vastly, vastly more money in these bonds than existed in the open, honest economy -- trillions upon trillions of dollars' worth, beginning in the 1920s."
--http://www.scribd.com/fullscreen/81954596
So might it be possible that the bonds were actually real, and the Fed is lying about them being fake?
======================
Stranger and stranger. There is an allegation that the Kuomintang took the entire amount of China's gold reserves in the 1920s, to keep it from being seized by the Japanese. Some of this gold was shipped to the US in exchange for trillions in bearer bonds, that were placed in special wooden boxes. Some of these bearer bonds came under the control of the "Dragon Family". However, the Fed refuses to honor them. There was a lawsuit filed about this, by one Neil Keenan.
This sounds like the plot of a spy novel.
Aftermath 2022 Blog
Amateur speculations on the State of the Economy
Friday, February 17, 2012
Thursday, February 16, 2012
Wednesday, February 15, 2012
Separate Ways - Hilarious
This one had me laughing several times - the drummer with hair in his face, the guy swinging his hair around, the garbage cans used as drums and falling over
Separate Ways - Classic Remake
Perfect - except they show a guy dreaming at the end instead of the girl
Separate Ways - Afghanistan Edition
This is missing the piano on the wall, and the dreamy girl at the end, but otherwise very inspiring and a lot of fun.
Journey Separate Ways
"Separate Ways" is one of the greatest songs of all time, but one of the worst videos. Thus, it has inspired dozens of parodies. Here is the original.
Some things to notice:
-the air guitars replaced by real instruments
-the girl walking away and a close up of her rear
-the lead singer crossing his arms and then breaking them apart when singing "the chains that bind you"
-the piano on the wall
-a shot of the girl, then a car drives by, replacing her with the pianist
-the girl in the middle of 3 guys, then she walks away
-the brush-off by the pianist
-the girl at the end dreaming
Some things to notice:
-the air guitars replaced by real instruments
-the girl walking away and a close up of her rear
-the lead singer crossing his arms and then breaking them apart when singing "the chains that bind you"
-the piano on the wall
-a shot of the girl, then a car drives by, replacing her with the pianist
-the girl in the middle of 3 guys, then she walks away
-the brush-off by the pianist
-the girl at the end dreaming
Warren Buffett: Gold has no value
"Billionaire investor Warren Buffett has dismissed gold as a valueless asset saying that it has no inherent value. In an article for Fortune magazine, Buffett said that gold investors were pinning their hopes on future demand.
He warned that gold was a self-inflating bubble, created by investors desperate for a viable alternative to property and shares.
The famous investor warned that investors in gold would be left with egg on their face when the price eventually crashed.
"Bubbles blown large enough inevitably pop," he said. "And then the old proverb is confirmed once again: "What the wise man does in the beginning, the fool does in the end."
--http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9074670/Warren-Buffett-gold-has-no-value.html
--http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9074670/Warren-Buffett-gold-has-no-value.html
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