Anyone else keping up with this story?

[KB5252]

Italy Seizes A Ridiculous $135 BILLION Worth Of Smuggled US Bonds

Fake or not this is pretty disturbing, if they are fake then there must be some organization or country trying to take a huge shot at our economy isn't there? If they are real then someone is dumping huge amounts of bonds, do they know something we don't?


What are your thoughts?

 

[joevol320]

i read this yestarday. pretty interesting

Suitcase With $134 Billion Puts Dollar on Edge: William Pesek - Bloomberg.com

 

[MG1968]

I bet somewhere, George Soros has his hands in this. He has stated in the past that through currency manipulation he could bring down the US economy.

 

[KB5252]

you can't be serious?

If anything it would be the Chinese, North Koreans, or possibly an Arab nation wouldn't it?

 

[MG1968]

An early October surprise

starting at the 6th paragraph, it gets interesting

 

[utvolpj]

aren't these kind of things usually registered/numbered? I have no idea but wonder why it's taking a while to find out if they are real or not.

Also, here was another interesting bit on it

ASIA ? ITALY Seizure of US government bonds from two Japanese men in Italy raises questions - Asia News

 

[KB5252]

I find it very odd given the lack of publicity it has received. I was not aware of some of the particulars in the article pj posted.

 

[droski]

aren't these kind of things usually registered/numbered? I have no idea but wonder why it's taking a while to find out if they are real or not.

Also, here was another interesting bit on it

ASIA ? ITALY Seizure of US government bonds from two Japanese men in Italy raises questions - Asia News

bearer bonds are the only bonds that don't have to be registered. it's also very strange to have an actual physical bond these days.

 

[KB5252]

I thought about this story last night and was wondering if anyone else had heard anything new.

I find it very strange that nothing else has been reported, it doesn't matter if they were fake or not, either way it would seem to me that it warrants a follow up story yet we haven't had one.

 

[gsvol]

I thought about this story last night and was wondering if anyone else had heard anything new.

I find it very strange that nothing else has been reported, it doesn't matter if they were fake or not, either way it would seem to me that it warrants a follow up story yet we haven't had one.

When the Federal Reserve can't or won't account for $9 trillion to the Inspector General, $135 billion seems to be small potatoes.

North Korea in the past has used counterfeiting of Federal Reserve notes (and probably Treasury bonds also) to try to undermine confidence in the American economy.

I agree with you, if LSM was worth half it's salt we would get more detailed reporting and some sort of follow up on this and a lot of other stories that seem to be more important than the double plus good duck speak they try to spoon feed the public.