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New York Investing Meetup Message Board › JAPANESE FINANCE MINISTRY CAUGHT ATTEMPTING TO DUMP US TREASURY BONDS?

JAPANESE FINANCE MINISTRY CAUGHT ATTEMPTING TO DUMP US TREASURY BONDS?

Glenn Marks
Posted Jun 24, 2009 8:14 PM
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...June 3, Chiasso, Italy: Police detained two Japanese nationals trying to cross the Switzerland border. The Japanese consulate in Milan confirmed the detention. While no charges have been reported, the Japanese nationals may have been questioned for trying to take a large amount of undeclared securities out of Italy. The bonds reportedly appear to look very genuine and meticulous, which caused a bit of excitement among Italians. Under Italian laws, 40% of the smuggled bonds would belong to Italy. The U.S. Securities and Exchange Commission was asked to authenticate the bonds. Stephen Meyerhardt, a representative of the U.S. Bureau of the Public Debt in Washington, stated that there are only $105.4 million bearer bonds which haven’t been returned to the US Treasury. $134 billion is a bogus amount and they are obviously fakes. The Kennedy bonds are also non-existent, as no such securities were ever made; and the bearer bonds of $500 million denominations were also non-existent in 1934, Meyerhardt added.

Japanese Finance Minister Kaoru Yosano expressed his "absolutely unshakable" confidence in the US currency as news outlets dish out reports that the 2 Japanese smugglers were actually employees of the Japan Finance Ministry. According to TRN (Turner Radio Network), at first, Italian authorities suspected the Japanese men were part of the ‘Yakuza’ group, a counterpart of the Italian Mafia, and dismissed the bonds as fake. But after the smugglers were detained in jail for a few days, they came clean and told their story. They admitted that they were ordered by the Japan Finance Ministry to transport the bonds over to Switzerland. Japan is afraid that the US will not be able to pay their debt, so they headed to Switzerland to dump the bonds and sell them for a reduced face value before the US economy entirely collapses. TRN also confirms, after getting photos and video evidence, that the bonds’ serial numbers were indeed part of the US Treasury bonds owned by Japan since 1980. The Italian government would not yield on America's and Japan’s request to negotiate the return of the bonds as they are said to be elated about the 40% windfall, worth $53.6 billion. Reasons why news this big did not reach mainstream media as fast was that the US tried to concoct the ‘fake bonds’ news to conceal the situation to eradicate mass panic, and only a few media sources are writing about it, as affirmed by TRN.

Whether or not these allegations are real, the impact it brought is causing a nervous shudder to dollar investors and US creditors worldwide. While the idea of stashing $134 billion in a suitcase is preposterous enough, the core of fear emanates from the fact that the dollar currency is rapidly losing its golden status. As more questions are raised, which may be left unanswered for many years, the world is quite used to conspiratorial operations governments around the world maneuver to make things look like not what they seem. And once in a while, when people get a glimpse of these underground schemes, we can arm ourselves with the doubt we gained; and secure ourselves any way we can from the epic downfall we are denied to discover.
http://article.wn.com...

UPDATE June 19, 2009 2115 HRS ET -- The Japanese men taken into custody by Italy have been released and they were allowed to take their "fake" Bonds with them! Authorities now say they do not know where the men went. Those same authorities have told the "Financial Times" of London that the Bonds were "most likely fakes." (Financial Times Story Here)

Updated Commentary: This is the single biggest farce we've heard about in a long time. Does anyone actually believe that anyone would be transiting a national border with $134 Billion in "fake" Bonds concealed in a suitcase with a fake bottom?

Does anyone actually believe Italian Authorities would ignore their own laws and release persons who violated Italian financial disclosure laws?

Does anyone really believe that a bank or other entity would simply accept a US Treasury "Intergovernmental" Bond with a face value of either $500 Million or $1 Billion without ever calling the US Treasury to determine if the bonds were valid?

The absurd explanation provided by the U.S. Government that the bonds were "fakes" would be laughable if it wasn't so pathetic.
Clearly the government of Japan got caught red handed trying to dump U.S. Treasury Bonds because they no longer trust that the USA can pay its debts. When the issue blew up in their faces, everyone from Japan to Italy to the USA had to get together and lie about what was happening with the hope that other nations wouldn't start dumping U.S. Treasuries too

UPDATE - JUNE 20 1435 HRS ET -- The Turner Radio Network has obtained photos and video from the Guardia di Finanza (Italian Financial Police) showing the actual $134 Billion in U.S. Bonds, with coupons attached, which were caught being smuggled from Italy into Switzerland.

The bonds were intercepted in Chiasso, Italy at the border of Switzerland.

The Bonds were owned by the country of Japan since the early 1980's when printed bonds were still issued by the U.S. Treasury. Today, all such Bonds are done electronically.

The paper bonds below were being smuggled into Switzerland by employees of the Japan Finance Ministry so they could be sold, at discount, under the anonymity of Swiss financial laws. If no one knew Japan was dumping US Treasury bonds, it would not cause a panic worldwide as other nations dumped their US Treasuries too. Japan was rudely surprised when the two employees of the Japan Finance Ministry were grabbed at the Italian border.

Japan sent the $134 Billion in bonds to Switzerland because Japan has lost faith in the ability of the U.S. government to repay its debts and Japan wanted to sell the bonds at a discount off face value with the hope of recouping at least some of the money before the U.S.collapses economically.

http://www.turnerradi...
Glenn Marks
Posted Jul 11, 2009 1:42 AM
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The Japanese arrested with $134.5 billion had papers signed by Bernanke, and Greenspan: With corrections and additions

The two "Japanese" ( actually both were Filipinos ) arrested in Italy recently reportedly with $134.5 billion worth of F.R.N. s, ( THE AMOUNT WAS IN FACT SOME FIVE HUNDRED BILLION IN CERTIFICATES ) were also carrying a series of documents signed by the likes of Alan Greenspan and Ben Bernanke with federal reserve logos and stamps embossed, signed and witnessed . The two were released after proving their credentials, and were released because they were carrying genuine diplomatic passports. The Pictures of the documents they carried are attached and we would like to hear some expert opinion on their contents (somebody is preventing us from uploading more than one picture).

According to the official story put out to the corporate media, the Treasuries were forgeries (no doubt they will say the same about the documents pictured here) but if that is the case, why were the people carrying the “forgeries” immediately released, by extreme persons in high places in Italy, who had the power to silence Prime Minister Belosconi ?

The truth is the Treasury certificates they carried were legitimate and are now in the safe hands of a new financial system. The instruments will be used to finance part of a Program at ending war, poverty and environmental destruction. It will also be used to develop previously forbidden technology. We may see some visible changes as early as next week as they carry out the new banking paradigms being incorporated, but, not with out resistance from the old abusive Wall street guard .

Bernanke’s latest check has bounced but, as mentioned before, things will drag on to the September 30 secret fiscal year end then all hell will break out as the financial world, takes a ninety degree down-turn . The information above comes from very highly placed sources.

http://benjaminfulfor...
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