It will be ok... Just hang on...!

Each day that passes I am reminded of how afraid people can get when they don't understand and am pushed to another limit of compassion when addressing the issues of the lack of understanding.  Often people call me for help to understand complex issues with economic questions that need to be discussed.  In most cases these folks needed a resource to understand their mechanical understanding.

Please see the info and links below. I would like to point out that they are all Government Links. I am sure it will give you a better understanding and it will be something that might put you to sleep if you do not stay focused.

Treasury has New Money - http://www.NewMoney.gov

"The Annual Report describes the activities of the European System of Central Banks (ESCB) and reports on the Eurosystem's monetary policy of the previous year." - http://www.ecb.europa.eu/pub/annual/html/index.en.html


http://www.federalreserve.gov/bankinforeg/ita/sem_pcfs.htm

http://www.federalreserve.gov/bankinforeg/basel/default.htm


"The Basel Committee on Banking Supervision provides a forum for regular cooperation on banking supervisory matters. Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide.

The Committee's members come from Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, Hong Kong SAR, India, Indonesia, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The present Chairman of the Committee is Mr Stefan Ingves, Governor of Sovereign Riksbank." - http://www.bis.org/bcbs/index.htm

"Total reserves (includes gold, current US$)

Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars." - http://www.bis.org/bcbs/index.htm

"Using Treasury STRIPS to Measure the Yield Curve
Brian Sack
Division of Monetary A airs
Federal Reserve Board of Governors
Washington, D.C. 20551
October 2000" - http://www.federalreserve.gov/pubs/feds/2000/200042/200042pap.pdf

It's not a conspiracy if everyone can see it in plain sight!

You just have to take the time to read it and understand it and figure it out.

Another tip... STOP READING US NEWS...! Read Foreign News about the US and convert it in a translator. Then go back to the same news site and reread it with their English version... THERE IS A BIG DIFFERENCE IN THE TWO VERSIONS OF WHAT THEY TELL EACH OTHER AND WHAT THEY TELL US... OVERSEAS and HERE IN THE US!! They don't match...

Ok... here are a few more links to corroborate what Beck is saying and what I am saying...

"Do Western Central Banks Have Any Gold Left???
By: Eric Sprott & David Baker" - 12/2013

http://sprottglobal.com/markets-at-a-glance/maag-article/?id=6590

"Banks Pledge Same Gold to Numerous People
Posted on December 22, 2012 by Washington's Blog
Banks Pledge Same Collateral Numerous Times" - http://www.washingtonsblog.com/2012/12/banks-pledge-same-gold-to-numerous-people.html

http://www.washingtonsblog.com/2013/01/the-real-reasons-that-germany-is-demanding-that-the-u-s-return-its-gold.html

Bank Ratings

http://www.federalreserveeducation.org/about-the-fed/structure-and-functions/banking-supervision/

"DTCC Names Arthus to Lead Omgeo as CEO Brown Steps Down"

http://www.bloomberg.com/news/2014-01-13/dtcc-names-arthus-to-lead-omgeo-as-ceo-brown-steps-down.html

"Swiss protest Obama attack on Romney's Swiss accounts"

http://content.usatoday.com/communities/theoval/post/2012/08/swiss-protest-obama-attack-on-romney-accounts/1#.UyelPvldWSp

Romney's weren't the only ones that the anointed one went after...

He went after every hedge fund, private trust, pension fund and asset holder he could get. When they couldn't get the account holder's support... well you get the point here...

This problem of attacking the businesses, account holders, trusts, brokerages and investment pools didn't start when everyone caught wind of it when the IRS started it... it started he when he went and hired Fannie Mae and Freddie Mac VPs... They got paid well for sabotaging and interfering with businesses...

"III. FANNIE AND FREDDIE EXECS ARE REWARDED FOR MANAGING LOSSES "

http://oversight.house.gov/wp-content/uploads/2012/01/11-16-11-Fannie-and-Freddie-Executive-Compensation-Staff-Report1.pdf

Well don't listen to me... go read the links for yourself.

Just remember that this is like playing 16 games of chess all at the same time and each move on one table causes several other tables' variations to multiply.

Abuse of Power, Economic Interference and Corporate Sabotage comes to mind... Economic Hit Man...

Please keep in mind that there are so many pieces moving so quickly at one time that it is not just one with one direction and there is a lot of outside force putting pressures and resources into the games too...

There is not one front to fight on...

German gold housed in the United States? (Carry Over from Glenn Beck)

They finely showed up to the dance.  It only took them 3 years to get here and they were 5 years behind 3 years ago.  So in a decade they might figure it out.  If you have been following me, you know whats what... but they are starting to figure it out.  Once "they" figure out the problem, then "we" can give them a solution.

Please read Glenn Beck's News on this topic and see that Safeguard has posted over there for them... also I have provided a re-post below the link too, just related to Safeguard and Beck's blog to make it easy.

http://www.glennbeck.com/2014/01/09/what-really-happened-to-the-german-gold-housed-in-the-united-states/


Last January, Glenn covered the story that the German Central Bank was planning to repatriate its gold reserves from the United States and France. Ultimately, it was agreed upon that Germany would only actually take a fraction of its holdings back. Why the sudden change of heart? Glenn opened Wednesday’s Glenn Beck Program with a disturbing report about what really happened when the Germany Central Bank decided to repatriate its gold reserves.
Tonight, I want to start here, and this is probably something that we’re going to have to talk about several times because it’s really hard to understand. But we’ve talked about it once before over several months, but I think things have gotten significantly worse, and let me explain. Last January, Germany started asking if they could just come into the Federal Reserve and look at their stash of gold.
This is the gold that the Feds supposedly hold, and the Fed said no. Germany was like I’m sorry, what? Huh? Well, not surprisingly, Germany announced soon after that they wanted their gold back. Because they weren’t even allowed to see their gold, that got them a little nervous. They said we want to repatriate our gold from the Fed.
Bundesbank to bring gold home, plans to hold 50% of gold reserves in Frankfurt by 2020, so 300 tons are going to leave New York, 374 tons from Paris. Well, not quite clear why.
It’s German politics.
Is that what it is?
They want to have it, right? They moved it out of Germany because of the Cold War, right, the threat the Russians would take it? It’s just the same reason most of the gold is sitting in the basement of the New York Fed. In World War II, Europeans moved their gold over here to avoid the war, and now they’re moving back.
What a bunch of bull crap. This is the biggest bunch of bull crap I’ve ever heard. Why does anybody watch these guys? I have no idea. The reason why they moved the gold over to the United States is because we said we would be the gold standard. Yes, they wanted to move the gold over here for security reasons, etc., etc., but we promised them that we would never go off the gold standard, and we didn’t until the 1970s.
Why do they want to move them over? Well, there’s something to tangible gold. Well, no, not if you believe in this. What’s the difference? But if you say hey, can I get into that bank and see my money, and the bank says no, huh uh, I don’t think so, don’t you say I want to take my money out of that bank, and I’m going to store it someplace else?
So the gold supposedly has been sitting in the vaults since the 1950s, and you know, it shouldn’t take any more than a little bit of Swiffering before you send it back. But the Fed said that it’s going to take until 2020 before they can return that gold, seven years. Now, why would it take seven years to dust something off and ship it out? I mean, we have FedEx. I know you’re not going to send FedEx, but we have cargo planes.
Now, that’s what they said last year. They were going to make their first payment on that over the holidays, and they did, but something happened along the way. Apparently we had to melt their gold bars down. The Fed claims that about 6,700 tons of gold from Germany is in their vaults. What Germany is asking to get back is 300 tons, 5% of their stack, shouldn’t be a problem.
It’s been a year since they requested, and the U.S. has just sent back 37.5 tons. That’s 50 tons short of what we need to send each year to meet Germany’s request by the deadline. We didn’t even hit the first payment. Okay, if I’m German, that makes me nervous. Wait a minute, you promised you’d send all of the first year, and you only sent half of it. What’s the problem here?
And here’s the disturbing part, even more disturbing. The reports that are coming out now is that the gold we sent them over the holidays was melted down and recast. This is important. It begs the question why? I can think of several reasons, but none of them really make sense, except the situation is worse than even I thought it was when I talked to you about rehypothecation.
I think there’s a good chance that there’s not a lot of that gold left. But how did that happen? I mean, do we have another Sandy Berger loose, you know, stashing gold bricks in his socks? No, the answer is partially rehypothecation. Now, this is something we talked about on this program before, if you remember.
Glenn: It’s why when they’re taking the gold, and Germany says, I want the gold, return our gold, it’s ours, the Federal Reserve says, Okay, but we’ll return 10% in seven years. Well, how hard is it to return our gold? It’s got the German Republic stamped on it. Give us our gold. The reason why – this is my theory – the reason why they’re not returning that for seven years is because a little phone call came in, and they said to the Germans, hey, rehypothecation dude. If you take your gold, there’s not enough gold here.
We were playing a game. There’s only so many assets, and so we just keep building on those assets in a bogus way. So once people demand their hard asset back, the entire thing collapses, and that’s the last phase of what we’re headed for. Rehypothecation, learn it.
Okay, that’s really important. Let’s start at the basics. The Federal Reserve is a collection of banks. We don’t know whose banks they are. We’re not allowed to look at their books or anything else. They’re the ones that we put the gold in, and then they give us this instead. They print our money. But we’re not allowed to see…we just gave them all that gold? Yes, that unfortunately is the way it works. It sounds like a scam already, doesn’t it?
The money has to be backed by something. It needs to be backed by gold, so we put all of our gold into the Federal Reserve, just a giant bank, and they gave us a stack of cash. And then we said okay, this is the cash the Federal Reserve has. Remember, it’s all backed by gold. Then we convinced that the entire world, not just the U.S. but the rest of the West. Germany gave it to us, Japan, the UK. Everybody gave us their gold to hold like in a safety deposit box for the entire world, okay? Safety deposit box, let me stop there for a second.
I want you to think of the vaults down at the basement of the Federal Reserve in Manhattan as a safety deposit box. You go in. Say you have jewelry, I have my wedding ring. It’s my anniversary today. This is the ring we had made for me. It’s the Klimt, The Kiss on it, and it’s special to me. And if I go to a safety deposit box, I put it in there with all the other, you know, lovely plastic jewelry that I have, and I bring it to the bank. And I say I want to put this in a safety deposit box.
They give me a receipt. They give me a key. I go in, and I put it all into the safety deposit box. I see it the whole way. Anytime I can walk in and say I want to see my stuff in my safety deposit. Yes sir, Mr. Beck. Do you have your key? Yes, I do. We both unlock it. There we have it. We each have a key, and I can see it anytime.
Now, at some point if I go back and I say I want my wedding ring back, and I want all my jewelry, they say, oh, I can’t let you see that – wait a minute, what? What do you mean I can’t see that? And then if they give me not this ring, but they give me another wedding ring, might weigh exactly the same, but it’s not my wedding ring, wouldn’t you ask some questions?
Let me explain rehypothecation one time and then back to what happened to Germany. Why I said originally they weren’t going to give their money back to them for seven years is because rehypothecation is exactly what happened to our housing crisis, and it’s happening to our gold because everybody got greedy. Everybody was greedy in the housing market, not necessarily you but the banks.
Here’s what happened: Let’s say these were just houses. Jeremy here wanted to buy a house. I was a bank. I said okay, I’m going to need your house as collateral. You continue to pay for that, but I’m holding that collateral. But then me as the bank, I need a loan, so I go over here to Germany. And I say hey, Germany, I have this house over here. If you’ll just give me some money for this house, then we’ll be square, but if I don’t pay you, then you can take this house.
Well, wait a minute, I can’t really do that because then he becomes the owner of this house, but I’m the owner of this house as well. And then he says he needs some money, so he sells this same house to Japan and then to England. And we keep selling everything to each other over and over again. There’s no real asset. If he defaults and doesn’t pay me, I default. And because I default, he says I’m going to default, and he says give me the house.
Well, I’m sitting for the house. I need it from him. He needs it from me, but he needs it from him. And he needs it from him, and it goes back around. It doesn’t work. This is what’s happening with gold. I believe rehypothecation, the West wanted a fat and sassy lifestyle that none of us could afford, so the Federal Reserve and the central banks all around the world sold our gold over and over and over again.
We took our gold, and we said okay, we’ve already printed all that money for United States, what the heck, Japan, how much do you need? We’re going to take, and you’re going to make a loan on this gold for Japan. And then Japan said okay, Germany needs some money, and we’ll give it on America’s gold and then England. It’s happening over and over again. That’s rehypothecation. That’s a Ponzi scheme that I believe happened at the Federal Reserve, and it’s starting to fall apart.
Now, picture this deal happening over and over and over again since 1950, hundreds and thousands of times. Subprime crisis, do you remember that? Imagine that crash on a global scale and instead of houses, it’s gold which backs all of our money and gold that is not really owned by anyone. Our money becomes worthless. Not a good Ponzi scheme, right? Everything collapses.
The Fed’s no different right now, but I believe it’s worse than this. I believe not only did they rehypothecate all of the gold, but they also said you know what, I’m going to sell this to somebody else because I as the bank also want that money. Oh, and I’m going to take the German money, this gold, and I’m going to sell this one to somebody else too because I as a bank need some money.
Forget about the countries. We’ve already sold the gold to each other over and over again, but then they just started taking the gold and selling it themselves. Wait a minute, the Federal Reserve, remember what got me here is the Federal Reserve cannot pay Germany back a relatively little sum that happens, a little sum, not this big box, just a little box of their gold. They can’t do it. And when they start asking for it, they stall.
And then something weird happens, nobody’s allowed to peek into the vault. Do you remember Geraldo at Al Capone’s vault when nothing was there, and it was kind of a letdown? This time it won’t be a letdown if nothing’s there. A German reporter with over three decades of experience in financial reporting asked on December 27 Germany’s Bundesbank, their central bank, why the Federal Reserve melted down the gold that was returned.
Here is his e-mail: “Dear Ladies and Gentlemen: I am an independent financial journalist. In connection with the transfer of 37 tons of Bundesbank gold from New York to Germany, I came across the news that the bars were a melted before the transfer. May I kindly ask you the following information: Why were the bars melted at all? And why couldn’t that wait until the bars arrived in Frankfurt? Kind regards, Lars Schall.” Great question, Lars.
The bank’s answer wasn’t really an answer at all. They explained that they have a new storage concept to ensure that certain specifications are met. They claimed the bars had to be melted to meet these specifications – uh huh. Why in the world would you need to melt it down before it got to Germany? Have you ever seen the movie The Italian Job? What’s on that bar? It’s stamped with a dancer, right?
Now, I don’t know what Germany’s has on it. I don’t know, maybe a big beer stein or something, but they’re all stamped. And why are gold bars stamped like that? Do you remember in the movie? What did they say? Everybody knew. Remember, that’s why the one guy got it in the head because he was like oh, this is – BOOM! Everybody knew who owned that gold. That’s why every country stamps it, to authenticate the weight and the purity.
Let’s talk about purity for a second. A few years ago, several years ago, the Fed had to respond to reports that damage had happened to Britain’s gold when Britain asked for some of its gold back and left it with a purity of just 91%. What does that mean? Again, I go to the bank, I give them this, and then I say what’s the purity of this? It was 99.9% pure when I gave it. If it’s 91% pure, there’s a problem.
When you melt down these bars and send them back, you negate the authenticity. We’re not able to send them the right amount of gold at all. We’re not able to send them their actual bars of gold. That’s a red flag to me, and it should have every American and every press organization up in arms asking questions. I believe what’s happening is far worse than rehypothecation.
Not only were the Feds playing the Ponzi scheme of rehypothecation, a game on each other over and over and they all knew it, all the central banks, but I believe they’re also physically selling everyone’s gold. And now they can’t reproduce the stamp, and so they’re coming up with whatever they can.
Remember, when Britain complained that their money was repatriated gold, it was returned with a small piece of impurity. Well, when you have access to that much gold, skimming it becomes quite tempting. Does anybody have a quarter on them? Nobody actually carries any cash anymore. If you think about a quarter or a dollar, you know, an actual coin – you have a quarter? Somebody actually uses the drink machine.
When you think about a quarter, I want you just to think about the thin part for just a second, this part. Pull in as tight as you can, this part, the edge. Is it smooth, or does it have ridges like Ruffles? It’s ridgy, right? Why? Why are those ridges there? Because if you skim it, it becomes less valuable. Think of it like the scene from Indiana Jones. Do you remember this scene? Do we have this? Yeah, remember?
This is the most ridiculous thing because you know how heavy that would be if it was pure gold? But anyway, he takes the sand. It’s not quite enough, so he has to pour a little bit out. Now, what people used to do is they would skim a little bit. This is a very old coin. This is from the time of Christ. This is from the year of the crucifixion. This is a piece of silver.
If you look at this coin, you can see – pull in as tight as you can. If you look at this coin, you can see that it is uneven. Pull in. There you go. It is uneven, and parts of it are cut off. The back is even better to see. Parts of the stamping have been cut off. Why? Because over 2,000 years because it’s solid silver, people would take a little bit and just shave a little bit off. That’s why those ridges are on the quarter, they shaved just a little bit off.
That’s what happened to England when they got 92%. They just shaved a little bit. The world needs to demand accountability from the Federal Reserve. I don’t think it’s going to end well when we do. In fact, I think it ends horribly for everyone but better face the facts right now. The world needs to demand to see proof that America still has its gold, and we still stand for something.
Now, maybe this is just a giant mix-up, and all of it can easily be explained by coincidence. I can’t think of a way it does. My gut tells me that’s not the case. It tells me the more likely scenario is the Fed is playing games, more specifically stealing through a massive Ponzi scheme, and when the rest of the world who has been in on part of that, the rehypothecation, realizes that the Fed and U.S. government perhaps has been taking the gold, not just theirs, yours as well, to fund their addiction to spending or to give the banks more money, there is nothing of value in those vaults, and there is nothing that anyone will put any trust in. The chickens come home to roost.
We have never seen theft like this before. How would you feel if you went to the bank, and they couldn’t give you back anything, your wedding ring, or any of your other valuables? When you got back, they handed you this, except it really was plastic, but it wasn’t plastic when you gave it to them. That’s what’s happening, I think, right now, and it’s happening to Germany. And it will at some point happen when people all over the world and hopefully our country start demanding to see the vaults and the gold.
When the people busted down the doors only to find nothing, what happens to those bankers? What happens to Americans? You will be blamed for stealing the world’s treasure. America is the globe’s banker, and it is only a matter of time before all of the world and the rest of us as well find out we’ve got nothing. Who does?

Hedging - Simplified Gamblers

It is where you put your money into an account and the custodian of that account puts your money with his.  He takes your money and puts it into a Pool Account.  Once enough of money is collected into this Pool Account he then contacts a Vault Company to secure a Master Vault Account.  The Vault Company gives him the account so that he can move gold into as it is purchased.  These Vault Companies are not supposed to sell gold, but since everyone is on the quick buck track no one has said a word about it.  The Vault is supposed to hold the gold for the custodian, technically.

Since the Custodian and Vault Companies have gotten into Hedging, or betting, on the gold market going up.  To keep this simple, they have the Pension Fund earmark or deposit fund into the Hedge Account with the Custodian.  The Custodian then facilitates the purchase of Gold from the Vault Company.  The Vault Company can’t just give the Custodian the Gold, because they don’t usually have it, so they have to get it from the Mints.

The Mints don’t have it; they usually have to get it from a collection of Refineries.  The Mints contact the Refineries in their business network who usually doesn’t have the gold either.  The Refineries go to their account refinery account holders, who then go to the miners to get the gold.  This means the miner has to dig it up because it isn’t just lying around.

Right Now You Should Be Asking:  Where is the guy’s money from the retirement account and how long does all of that really take to get it into the Vault to backup the money?  Don’t worry, the money is with the Custodian and he is trading or doing Buy/Sells with the guy’s money against gold that isn’t in the Vault and because the Vault is taking care of it there is no problem.  Meaning that they just conned the American People to trade in their vapor paper fake money Pension Funds for American Gold Eagle Coins, which are US Government owned and US Legal Tender, for a piece of paper that says that someone else gets to hold their money and their gold until they retire.  So the Vault Company and the Custodian have plenty of time to get your gold for you.

This means that all the American Gold Eagle coins, which everyone “thinks” they are buying with retirement accounts are on “Back Order”.  Don’t worry because the day that someone lifts the skirts on this mess to find out what is really going on with the Pension Funds, they will just call all US Currency due to cover it up.  This way they can void the currency along with your Pension Fund, IRA, and 401k.

The Custodians are going to tell everyone that they moved it just in the nick of time to an off shore accounting system to protect the money or that they couldn’t get it moved in time and it was seized.  Either way they don’t have a leg to stand on because they will have forced your hard earned dollars into the hands of either the US Government (in the case of the American Eagle) or into an account off shore that you have No Recourse on.  Let’s just say that this the biggest Shell Game in History.

Types of Gold Buyers

To understand the “Gold Markets” you need to understand the main buyer types of gold. In order to keep things simple we are going to put them into the following categories: Governments, Institutions, Entities, and Consumers. 

Governments purchase gold to hold on their books to offset or “hedge” against the World Economy and to back their currency and Central Bank. Each government has gold stored and registered in Switzerland and or London to backup their “Books” with the World Bank.

Institutions purchase gold to ensure that they have enough assets on hand to hedge against the economy and to offset their balance sheets with hard assets from the debt or loans that they write. These institutions are generally the mid and lower level banks below the central banks of a country. They also show their Gold Accounts to Switzerland, London and the World Bank.

Entities buy gold to also hedge against the market and to help stabilize their portfolios from projects and loans that they write. These are usually Corporate Trusts, Investment Trusts, Foundations, Hedge Funds, Retirement Account Groups and more.

Consumers are now realizing that they need to protect themselves in the Global Market to hedge against inflation and are buying gold as well.

Because most of the calls we, at Safeguard Consulting, get deal with Mining, Refined Gold and Hallmarked Gold the answers will vary.

The Mining Production discussions are held with the Governments and Institutional Buyers because they are the buyers who can afford to purchase in large quantities and have their own minting process they want followed. With these types of buyers we are handling everything prior to the Minting Process.

The Institutional Buyers and Entities buy the Refined Gold. This is the gold that has been taken from the mine and been refined to “Pure” Gold but does not have a Hallmark on it but is registered by the refinery into the Swiss and/or London Registry. This form of gold is called Unallocated Gold and transfers through the system as Metal Credits.

Hallmarked Gold is Pure Gold that has been refined and has gone through the Minting Process to create what we call “True Currency”. This form of gold is what you will usually see in vaults or sold to Consumers. This is also known as Allocated Gold which means that it is registered and has a hallmark on it which is tied to the Mint or Bullion Maker that pulled it out of the World Gold Pool and certified it as currency with a World Recognized Hallmark. We call this Global Currency.

The Credit Suisse Hallmarked Bullion is the preferred Global Gold Currency for Safeguard Consulting and is offered by Bullion Bling.  If you would like to purchase True Gold Currency with a World Recognized Hallmark, please contact me if you need help determining which type to buy and why!

by Jean Meadows
Safeguard Consulting