BANK OF AUSTRALIA ADMITS 99.9% OF GOLD RESERVES ARE HELD IN BANK OF ENGLAND

After months of persistence, our friend Greg from AUSBullion has received written confirmation from the Reserve Bank of Australia that the bank holds all but 80 kg of Australia’s gold reserves at the Bank of England. Out of 80 tons of physical gold, less than 0.1% is held in Australia!

The Central Bank defends London’s storage/rehypothecation of Aussie gold, stating: London is a major global gold trading market and the Bank of England provides a secure and cost-effective storage location for central banks and market participants. The Reserve Bank has processes in place to ensure that the gold reserves are maintained appropriately. It is not considered necessary from management, security or operational perspectives to relocate the gold bars to a facility in Australia.

http://www.silverdoctors.com/bank-of-australia-admints-99-9-of-gold-reserves-are-held-in-bank-of-england/

Of course if you look at who thinks they own Australia, its not really surprising. Is Australia really a country or is it just property owned by England?


Realist News comments:

http://www.youtube.com/watch?v=k7BRuk7uSnc

there is speculation the gold in England may be elsewhere like China.

look up the controversy about serialized gold reserves in England.

YOU WILL LOVE IT!

Gold gold, where is the gold?

Some have been filled with tungsten which weighs the same as gold.

Does the Reptile queen have your gold???



Here comes the Queen
with her vampire sons
and they drink the blood
of the little ones.

So watch your children
and hide your gold;
Here comes the Queen
and her blood runs cold.

Funny you should mention Australia...I came across a very interesting video on a very interesting website recently:

http://www.truth-now.net/

If you're wondering where the gold went, I heard an unsubstantiated rumour that it was in Rothshild's back pocket. I really don't think it's credible though. If you ask me, he'd need one helluva strong pair of suspenders just to keep his pants up.

England's Queen Mary was a NOTORIOPUS art thief. Subjects of hers would have to hide their treasures or she would confiscate them. They are subjects, why should she pay them? A lot of Foreign sellers likewise were never paid with her going, I am the queen of England. Collect low born! Besides being a merciless jewel thief and India felt her sting, she had a thing for Faberge eggs.

England and theft are Synonymous!



God save the Queen my droogs!

Her reptilian self is not that green.

Too much makeup?

So, up to 80% of Australia's USD46,714,035,204 in gold reserves being in storage at the Bank of England, somehow suggests that it is not ours?

Yep. Pretty much. Possession is 9/10 of the law.

Did you know that there is not enough gold to cover all the "paper gold contracts?"

I wonder what would happen if Australia asked for their gold. (Hint, they will not get it.)

They are a large country. Are you telling us that they don't have enough money to build a place to keep their own gold?

Did you know that these institutions lease out gold just to show other people that they have gold, when they don't actually have it?

Crap, its true... They are here to eat us!

In the end, paper contracts are only worth the paper they are written on. And that is the plan of course.

The rich Elite are after the real wealth. Paper is only paper.
Gold is gold. Silver is silver. Paper is paper.

Contracts are worthless in the hands of thieves, there is no honor.


Here comes the Queen
with her vampire sons
and they drink the blood
of the little ones.

So watch your children
and hide your gold;
Here comes the Queen
and her blood runs cold.

Two things, you cannot eat gold, gold cannot cure diseases, and in certain circumstances gold is utterly worthless.

I can use a gun to take someone's gold. What's more useful? And on top of that water is life. He who can control particular resources has everyone by the balls!

These clowns can be fought but it takes planning we can't pull off.

That doesn't acknowledge the relationships within the Commonwealth.



So? We are mining gold all the time.



That is silly.







Why am I bothering with this nonsense?

IT'S ANOTHER SHENANIGAN OF THOSE DANG REPTILIANS!



http://www.youtube.com/watch?v=Q0Wiz1elwHU

If so, there dumber than a bag of hammers.

No, but it might suggest Australia won't ever get it or see it again.



Not as silly as you might think; it's happened to others:

http://soc.culture.german.narkive.com/QY7l2huZ/us-refuses-inspection-germany-gold-reserves-may-be-tungsten

It's those Damned reptilians again!!...or is it squids?

It doesn't really matter as we abandoned the gold standard in the eighties and sold off 80% of our reserves in 1997. We keep mining more anyway, especially now with the price so high, old mines are viable again. The whole thread is somewhat alarmist (not to mention the source being questionable) as our currency is stronger than that of the US and many other countries. I would be more concerned about the falling US dollar, as its value is continually diminishing against ours. We have a healthy economy with low unemployment and a strong resources sector. It would be better for our export & retail markets if our dollar actually fell to pre-2008 levels, but in light of global trends, that isn't likely to happen soon. At close of trading on Wall St. today, I expect our dollar to be even stronger against that of the US.

Currently AUD 1.00 is buying USD 1.0451. Not bad for a small nation.

Pre-2008 AUD 1.00 bought approx. USD 0.67.

You can't eat money either, So?

Here is how it stacks up. Back when America still had money that represented silver certificates instead of Federal reserve notes, how likely do you think it would be that you could take a silver certificate to the bank and exchange it for silver?

Not very likely.

Paper is paper, silver is silver.

When a depression hits a country (like Greece) and their money devalues in the world market, the person with the gold and silver will win out over the person with the paper money.

Paper money depends on contractual honesty. Of itself, it has little value globally. Gold and Silver and guns and drugs and food are the real currency of the world.

A foolish thing to do. If gold is so pointless or worthless who would buy it? What did they buy it with? Paper? In the eighties gold was cheap. Look at the price of gold today.

Selling off 80% of your reserves was foolish.



Alarmist only to those who have no clue what is going on in the world. I have very good sources, but you can question me all you want. I don't mind. If you want to trust the "Queen" (Actually its the Crown or the Central Bankers) with your gold so be it.




Paper is still paper.



That is why the smart money invests in real physical gold and silver. Yes, the dollar is on the way down and out, and we have no gold of our own. That's the truth of it.



I'm not surprised. England is the mother of Australia. It is their favorite son probably. But when the chips are down they have all the gold.