Another phase in the Greek tragedy - it could lose all its gold!

[JohnQPublic]

Another phase in the Greek tragedy - it could lose all its gold! (http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=145823&sn=Detail&pid=34)
"...But down there in the small print of the Greek deal lies the nasty side for Greece. There lies a heavy penalty clause; Greece's lenders will have the right to seize the gold reserves in the Bank of Greece under the terms of the new deal. Greece has 111 tonnes of gold. In other words Greece has given up on its "money in extremis", gold. If they default they will have nowhere else to go. Its international assets will be seized and it will not be able to trade internationally at all.

Today we are watching both Iran and the Sudan use their gold to buy food for their country as they have nowhere else and nothing else to get it with. Under the terms of this new deal Greece has effectively forfeited that last resort. And if they wanted to pull a last card from the pack by insisting on a Greek jurisdiction for any final arbitration, they have forfeited that too, by agreeing that future bonds issued will be governed by English law and in Luxembourg courts, conditions more favorable to creditors.


The option of leaving the Eurozone and surviving independently has now gone. If they do default [and many think the shrinking economy will force them down that road] they will have to accept whatever terms they can scrape together from the E.U. in order to survive! Greece is now a colony of the E.U. not a member!..."

[mamboni]

I wish the masters of the zeitgeist would make up their damn minds about gold. Is it "money in extremis" as stated here, or just a irrelevent relic of the past, held only for "tradition" according to the Chairsatan Bernanke?

[EE_]

This is disgusting.
Let me see, the Jews loan unbacked printed money from air to a country that can't possibly pay it back.
(Pretty much like they did here with homes)

The borrower makes many payments in good faith and then realizes it no longer is able to make payments and they shouldn't have borrowed the Jew money in the first place...then defaults.

Then the Jews swoop in and take real assets of the country. (like the real homes here in the US)
Is that about right?

Well, if there was ever a good reason to go to war with the Jewish bankes, this should be it.
The Greek army should surround all Greek assets, the country's gold, and kill any Jew that ever sets a foot into the country again.

I wish someone with clout would warn the Greek people what is happening and call the people to arms

[Santa]

This is disgusting.
Let me see, the Jews loan unbacked printed money from air to a country that can't possibly pay it back.
(Pretty much like they did here with homes)

The borrower makes many payments in good faith and then realizes it no longer is able to make payments and they shouldn't have borrowed the Jew money in the first place...then defaults.

Then the Jews swoop in and take real assets of the country. (like the real homes here in the US)
Is that about right?

Well, if there was ever a good reason to go to war with the Jewish bankes, this should be it.
The Greek army should surround all Greek assets, the country's gold, and kill any Jew that ever sets a foot into the country again.

I wish someone with clout would warn the Greek people what is happening and call the people to arms

One day, we're all going to need to pick up our pitch forks and go stab those satanic fuckers in the dick for sure.

[EE_]

I wish the masters of the zeitgeist would make up their damn minds about gold. Is it "money in extremis" as stated here, or just a irrelevent relic of the past, held only for "tradition" according to the Chairsatan Bernanke?

Tradition!
And how do the Jews traditionally get it?...that's right, by stealing it from the goyim!

[mamboni]

Tradition!
And how do the Jews traditionally get it?...that's right, by stealing it from the goyim!

Bernanke and the rest of the fucking banksters are lying, talking out of both sides of their mouths. They say they don't want or need gold. But believe me, it is the gold that they are after. They know their paper money is a sham and a fraud. So, what do they value? Tangibles! You better believe it. And the most important tangible to them is real money, gold! Money in Yiddish is "geld." Ashkenazic Jew surnames: Goldberg, Goldstein, Goldman, Goldfarb etc. These are names they adopt, as we all know they change their names like you or I change our coat. The Jews are craven for gold; they love the stuff. But they will tell the goyim 24/7 how gold is old fashioned, archaic, primitive, useless. Don't believe them. Believe 5000 years of gold as money and the US Constitution and good old common sense.

[Shami-Amourae]

The bankers are setting things up to return things to the gold standard, on their terms.

[EE_]

If I join some Greek forums to warn the Greek people what the Jews are planning and post this article. Do you think I could make trouble for myself?
Hopefully they will tell their families in Greece what is about to happen to them and they'll do something about it.

[JohnQPublic]

If I join some Greek forums to warn the Greek people what the Jews are planning and post this article. Do you think I could make trouble for myself?
Hopefully they will tell their families in Greece what is about to happen to them and they'll do something about it.

I remember back in 2008 in Greece they were buying gold sovereigns like crazy. The Greeks are not dumb.

[Down1]

I am sure this will only make the Golden Dawn Party stronger.

[gunDriller]

meanwhile, America's banksters create money out of thin air - and the world buys it.

[Twisted Titan]

No need to warn

The smartest Greeks already what was happening and made provisions and took appropriate action

What befalls in the media sense are those that worship the Brazen Calf of Sociolism.

[General of Darkness]

How sad for the people. They're inundated with niggers and muslim invaders and because they're in the EU they get fucked. Sad sad sad.

[Golden]

I wish the masters of the zeitgeist would make up their damn minds about gold. Is it "money in extremis" as stated here, or just a irrelevent relic of the past, held only for "tradition" according to the Chairsatan Bernanke?

It is whatever may be politically expediant at the moment.

[mick silver]

Bernanke and the rest of the fucking banksters are lying, talking out of both sides of their mouths. They say they don't want or need gold. But believe me, it is the gold that they are after. They know their paper money is a sham and a fraud. So, what do they value? Tangibles! You better believe it. And the most important tangible to them is real money, gold! Money in Yiddish is "geld." Ashkenazic Jew surnames: Goldberg, Goldstein, Goldman, Goldfarb etc. These are names they adopt, as we all know they change their names like you or I change our coat. The Jews are craven for gold; they love the stuff. But they will tell the goyim 24/7 how gold is old fashioned, archaic, primitive, useless. Don't believe them. Believe 5000 years of gold as money and the US Constitution and good old common sense.
thanks again .... well said . plus most here knew this was coming . give me your gold for this paper