The Good, The Bad and The Disgusting

[irneb]

This is go-to-jail stuff. Are governments and regulatory authorities seriously condoning this sort of behaviour?

Yep & yep again! Seeing as the central bank is trying to help out these "bullion holding" banks (which apparently they aren't since they don't have the gold), it seems that the "government" (or at least that institution with government powers, but private and secret shareholding) is trying to cover up the fact that these banks have sold non-existent gold.

BTW, gold is not the worst of it. This has even been done to shares (note ... not futures but actual shares). Read (or listen to) the interviews on Bloomberg with Dr. Byrne, as well as the Crime of the Century series by Jim Puplava (linked to in this http://www.financialsense.com/metals/crime/main.html).

But what really cooks my noodle (as if that's not bad enough): the gold bars which the central bank lent these criminals was deemed deficient - i.e. the caret quality was below the stipulated minimum. What does that tell you about the central bank?