"Foundation X" willing to bail out the world "for nothing"

Originally posted by squirelnutz
He did mention The Vatican........

just to highlight that point.....

My noble friend Lord Strathclyde came up with a very different argument. He said that this cannot be right because these people said at the meeting with him that they were still effectively on the gold standard from back in the 1920s and that their entire currency holdings throughout the world, which were very large, were backed by bullion. My noble friend Lord Strathclyde came back and said to me that he had an analyst working on it and that this had to be stuff and nonsense. He said that they had come up with a figure for the amount of bullion that would be needed to cover their currency reserves, as claimed, which would be more than the entire value of bullion that had ever been mined in the history of the world. I am sorry but my noble friend Lord Strathclyde is wrong; his analysts are wrong. He had tapped into the sources that are available and there is only one definitive source for the amount of bullion that has ever been taken from the earth's crust. That was a National Geographic magazine article 12 years ago. Whatever figure it was that was quoted was then quoted again on six other sites on the internet-on Google. Everyone is quoting one original source; there is no other confirming authority. But if you tap into the Vatican accounts-of the Vatican bank-you come up with a claim of total bullion-

Lord de Mauley (Whip, House of Lords; Conservative)
The noble Lord is into his fifteenth minute. I wonder whether he can draw his remarks to a conclusion.

Lord James of Blackheath (Conservative)
The total value of the Vatican bank reserves would claim to be more than the entire value of gold ever mined in the history of the world. My point on all of this is that we have not proven any of this.

www.theyworkforyou.com...

Gosh the video in the second post is like watching a Monty Python movie. I don't know how to take it seriously, it's almost is if that guy is trying not to laugh.

Originally posted by squirelnutz
He's a well respected Industrialist, not a village idiot

lets not forget......

UK businessman David James' consortium has been confirmed as the third party in talks with MG Rover administrators.

news.bbc.co.uk...

Originally posted by mcrom901

UK businessman David James' consortium has been confirmed as the third party in talks with MG Rover administrators.

news.bbc.co.uk...

Yes, and the UNOITC hoaxers were also involved in that. Well, as there are now 2 threads, I'll copy and paste mine from the last one:


There is no money - James has been hoaxed, and absolutely nobody else is buying the story.

Pretty embarrassing for the old duffer, but he'll still be a rich old Lord, so I can't feel to sorry for the fool.

Despite denying it, everything he says about this "foundation x" fits with these jokers at The Office of International Treasury Control. Check out what these clowns say about themselves compared to the organisation James describes:

Claim to have been around for over 100 years
Claim to be a sovereign entity
Claim to be on the gold standard
Claim to be "the largest single owner of gold and platinum bullion in the World"
Claim to "re-finance foreign debts"
Claim to invest in "schools, hospitals, infrastructure"

Anyone seeing a pattern? The OITC also knew of James already from 2005 - they had both been involved in the bid to buy the failing GM Rover car company. The OITC said they had £5bn to invest...in the end they produced £1.

If you have a look at their history, you will also see they have been up to exactly this sort of nonsense in countries in Asia and South America. Contacting politicians saying they had billions to invest in infrastructure, and it all falling apart, when it became clear they have nothing apart from an insane website.

They might have called themselves something different to James this time round, but there are far to many matches in mind for it to be anyone else.

You should also understand a little of the way the City works. There are broadly 2 types of people in the City: ones like James who have contacts, play golf and eat dinner with the right people. They are often the ones to put the names to the contract, but it's the financial and legal whizzkids who do the actual work of going through the figures and putting the contracts together.

It should be noted that James reports that the analyst who looked into the deal called it "stuff and nonsense"....why James persisted and made such a fool of himself is a bit of a mystery - too far into the hoax to see the reality, I guess.

Originally posted by FatherLukeDuke
It should be noted that James reports that the analyst who looked into the deal called it "stuff and nonsense"....why James persisted and made such a fool of himself is a bit of a mystery - too far into the hoax to see the reality, I guess.

he was in the deal with them..... US$ 20,000/- / 2

reply to post by Seventytwo


I agree. Why isnt it getting the media attention which imo it should be?

Especially with the riots from the students the other day, this kind of money could help them too. They did say we could have more for schools and so on.

I allso wonder why they are offering us this money? Do you think foundation x are worried about china becoming the richest country? I saw something the other day about the europeans dropping out of the top of the richest counrtys list for the first time.

Originally posted by ThePeopleParty
reply to post by Seventytwo

 

I agree. Why isnt it getting the media attention which imo it should be?

Regardless of whether the story is true or just a scam we can learn something interesting from this ...

Even at the highest levels THEY DONT KNOW WHO HAS ALL THE GOLD !

reply to post by mcrom901


I knows its been on sky news once. But why isnt it on the front of the papers and so on? If someone had lost that much money it would be. And what i ment was that ity isnt getting enough media attention for people to take notice.

Originally posted by FatherLukeDuke
The OITC also knew of James already from 2005 - they had both been involved in the bid to buy the failing GM Rover car company.

you're making a connection between 'claims'.....

The OITC first came to public attention in 2005 with an attempted bid for the failed MG Rover Group in the United Kingdom. The London Daily Telegraph reported that "a Mr David Sale and a Dr Ray Dam claim to have offered to buy MG Rover for $5 billion." The Financial Times reported that the OITC had given the administrators a deposit of one pound, made out as a postal order.[1] According to Sale and Dam, Rover's administrators PriceWaterhouseCoopers (PWC) were refusing to take their bid seriously even though (according to them) Prime Minister Tony Blair had acknowledged it in a letter. However, PWC told the Telegraph that it had never heard of the OITC and the Prime Minister's office had no record of the OITC's letter.[4] The bid met with considerable skepticism among MG Rover enthusiasts[13] and was evidently discarded by the administrators, as the OITC did not appear on the final list of bidders.[citation needed] No proof has ever been provided of the supposed letter to Mr Blair.

en.wikipedia.org...

Is it Bangkok or bust for Rover?

A Mr David Sale and a Dr Ray Dam claim to have offered to buy MG Rover for $5billion. They say they're from a Thailand-based outfit called the Office of International Treasury Control created by "Governments of the World of Legal Decadency".

They complain that Rover's administrators PWC won't take their offer seriously but say that Tony Blair has acknowledged it in a letter. Downing St says it has no record of a letter but that it "could still be in the system".

PWC has never heard of them. Nevertheless, Dam and Sale have big plans for Rover if their offer is accepted - factories in Longbridge, Russia, Africa, Asia and the Middle East. Alas, the Bangkok number on their letterhead doesn't exist.

www.telegraph.co.uk...

and confirmed reports....

UK businessman David James' consortium has been confirmed as the third party in talks with MG Rover administrators.

news.bbc.co.uk...

so which one is it.... they knew him? or, knew of him?



moreover....

Lord James of Blackheath told ZDNet UK on Thursday that the organisation, which Lord James has dubbed 'Foundation X', to his knowledge is a viable organisation.

"I'm convinced it's bona fide," said James. "I've been working on this case for five months, and I've not found a single reason [to think otherwise]."

Blogger Hopi Sen suggested in a blog post on Wednesday that the mysterious organisation could be the "United Nations Office of International Treasury Control" (UNOITC), which claims to be a sovereign entity formed after the Second World War.

James told ZDNet UK that he had not been approached by the UNOITC, and that there were no links between Foundation X and UNOITC.

www.zdnet.co.uk...

hey, I just made a hit on google with *largest single owner of gold and platinum* and I get Trilateral commission coming up high...

This is an awesome thread. The only problem (and, this goes for my old bud, ProtoplasmicTraveler, too - GREAT stuff, man!) is that while all of this stuff is, of course, true, we only seem to be focusing on the What and the How - just revealng evidence that it IS happening (currently, and for *some* time). I think the bigger questions is Why.

But, that is for another thread. [coming soon]

Good Stuff OP (and, PT). S&F.

reply to post by heavydaze


this is an interesting one.....

Originally listed on the New York Stock Exchange in 2004, SPDR Gold Shares has been one of the fastest growing ETFs in the world. SPDR Gold Shares now trade on the Singapore Stock Exchange as well as the Tokyo Stock Exchange. All of the Trust’s gold is held by the Custodian, HSBC Bank, in their London vault except when the gold has been allocated in the vault of a sub-custodian.

www.wealthdaily.com...

uk.ibtimes.com...

Well, apparently no one else in the Parliament cared for what David James said, and many are making fun of him, linking this Foundation X to the UNOITC, and stating that this is nothing but a hoax!

Recently however James told reporter Tom Espiner that he has not been approached by the UNOITC, and that there were no links between Foundation X and UNOITC.

www.zdnet.co.uk...

Originally posted by CastleMadeOfSand
Did I hear somebody say the Vatican? Makes sense. They have more money than they can actually count. Either way, you don't bail a whole country out without some kind of catch.

If these guys have their own wealth deeply invested in the global economy, the motivation could be to prevent the loss of all that wealth. Think about it. If the entire global monetary system collapses, these guys will also be broke. Their money won't mean anything, and gold will become just a shiny metal. This could be a last-ditch effort to keep from losing what they've spent their entire lives building. To me, that would be an enormous incentive to stabilize everything.

You have to keep in mind that these guys probably didn't set up the mess that derivatives created, but being free marketers, they allowed it to proceed. Now, it's become obvious that the derivatives trade's potential debt (estimated to be in the neighborhood of 4 quadrillion dollars - obviously unsustainable, since there isn't even 1 quadrillion in total global wealth) has put everything to a tipping point if suddenly all that potential debt is realized and called in. The (relatively speaking) pikers that invented these new casino games have decimated the financial stability that "Foundation X" and its wealth/power depend on. If they want to mainatin that wealth and power, they need to reset the entire game and (basically) start over.

This is fascinating.

Hmmm this is very VERY interesting...

Seeing as the is what NESARA has been talking about for years, not that I believe that it actually has anything to do with NESARA but it is interesting none the less.

NESARA wiki

Originally posted by SquirrelNutz
This is an awesome thread. The only problem (and, this goes for my old bud, ProtoplasmicTraveler, too - GREAT stuff, man!) is that while all of this stuff is, of course, true, we only seem to be focusing on the What and the How - just revealng evidence that it IS happening (currently, and for *some* time). I think the bigger questions is Why.

But, that is for another thread. [coming soon]

Good Stuff OP (and, PT). S&F.

Actually the why is a lot simpler than most people want to imagine or concede, and once I finish the ATS Debate Tournament in a few weeks time (assuming I make it all the way to the end) I will do a thread on the why.

It's bound to be a dissapointment to some who want space aliens or gods or interdimensional beings to be the driving core, but for those who like to focus on "Just Earth Problems" it will expalain the reasoning behind a game that has been going on since Roman times.

Stay tuned.

Originally posted by Did you see them
Regardless of whether the story is true or just a scam we can learn something interesting from this ...

Even at the highest levels THEY DONT KNOW WHO HAS ALL THE GOLD !

indeed...

The top ten largest owners of gold in the world are reported to control a total of 24,258.3 tonnes, or over 855 million ounces. At current spot prices, this gold would be worth approximately $804.35 billion and represents about 15.4% of all the gold ever mined.

www.coinlink.com...

How much gold has been mined?

The best estimates available suggest that the total volume of gold ever mined up to the end of 2009 was approximately 165,000 tonnes, of which around 65% has been mined since 1950.

www.gold.org...

Originally posted by ThePeopleParty
reply to post by mcrom901

 

I knows its been on sky news once. But why isnt it on the front of the papers and so on? If someone had lost that much money it would be. And what i ment was that ity isnt getting enough media attention for people to take notice.

strange, isn't it?

well... that's about it.....

Originally posted by squirelnutz
reply to post by mcrom901

 

The fact he admitted to handling tons of terrorist money, was incredible too.. Nobody questioned it though.....

it seems they're "stunned"...

www.independent.co.uk...