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Old 06-16-2009, 03:15 PM   #1
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Default The strangest news story you've never heard of:

As is typical these days, our corporate mainstream media is not covering this:
ASIA ? ITALY US government securities seized from Japanese nationals, not clear whether real or fake - Asia News
The Saga Of The Bearer Bonds - The Market Ticker

Milan (AsiaNews) – Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each.
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Old 06-16-2009, 03:16 PM   #2
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Default Re: The strangest news story you've never heard of:

FYI it was posted the other day.. might want to look for it.
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Old 06-16-2009, 03:17 PM   #3
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Default Re: The strangest news story you've never heard of:

Here's Bloomberg with a subatomic sized piece on this story:
Italian Police Ask SEC to Authenticate Seized U.S. Treasuries - Bloomberg.com
Is it possible the US govt. is running a shadow printing press to pay off God knows who? No, not in my USA!
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Old 06-16-2009, 07:44 PM   #4
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Default Re: The strangest news story you've never heard of:

Hey man, you know what inflation has been like in Italy, since the inception of the Euro? A cappucino is a lot more expensive than it used to be.
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Old 06-16-2009, 11:19 PM   #5
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Default Re: The strangest news story you've never heard of:

It doesn't say whether these "Japanese nationals" are of the pro-North Korea faction, or what. North Korea has long been printing bogus US currency; they are probably the biggest counterfeiters of US dollars in the world (though I'm sure the Russians have a huge operation, as well; so, too, the Chinese; the FARC narco-terrorists in Columbia have been busted with some very sophisticated forging tools and hundreds of millions in fake dollars, too.)


We need to find out exactly WHO these people are, and whom the represent.

Dig deeper and let us know.



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Old 06-17-2009, 03:54 PM   #6
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Default Re: The strangest news story you've never heard of:

This is not an easy story to follow:
"The Japanese Bond Smugglers Are Missing"
The Japanese Bond Smugglers Are Missing
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Old 06-17-2009, 08:03 PM   #7
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Default Re: The strangest news story you've never heard of:

Infowars has something on it too: Suitcase With $134 Billion Puts Dollar on Edge: William Pesek

Suitcase With $134 Billion Puts Dollar on Edge: William Pesek - Bloomberg.com

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The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.
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Old 06-17-2009, 08:19 PM   #8
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Default Re: The strangest news story you've never heard of:

StreetInsider.com - $134B In Seized U.S. Treasury Bonds Are "Fakes"

Quote:
Stephen Meyerhardt said, "They're clearly fakes. That's beyond the fact that the face value is far beyond what's out there"

U.S. records shows that there are an estimated $105.4 billion in bearer bonds that have yet to be surrendered, with most maturing more than five years ago. The Treasury stopped issuing bearer bonds in 1982.
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Old 06-17-2009, 08:51 PM   #9
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Default Re: The strangest news story you've never heard of:

Quote:
Originally Posted by Fogbuster View Post
It doesn't say whether these "Japanese nationals" are of the pro-North Korea faction, or what....


//
Pro- North Korean faction of Japan???

Did you just post that? Are you serious?...making a random reach to North Korea for no apparent reason? Why not the "Pro-Columbian Faction" in Japan? How come they don't get no respect?

When it's raining out, do you wonder whether it's the NoKo's, Russians or Chinese doing it?
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Last edited by wistahpatsfan; 06-17-2009 at 09:00 PM..
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Old 06-17-2009, 09:32 PM   #10
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Default Re: The strangest news story you've never heard of:

All the projections about the US becoming #2 by 2050 are too optimistic. The world can change extremely fast in just a year. The moment we lose reserve currency status, it won't be long before we drop like a rock. Many major nations are already starting to phase out the dollar for trade.
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