Dr. Joseph P. Farrell
March 30, 2016
There’s another story of large scale financial malfeasance out there, according to this article shared by Mr. V.T., and that appeared on the Zero Hedge website. Here’s the story, and it’s almost too difficult to believe:
Now, as one might imagine, this provokes all sorts of high octane speculations. For one thing, we have the ever-dutiful New York Federal Reserve once again at the center of a controversy over banking proprieties. After all, Germany (Germany no less!) has been trying to get its gold back from the N.Y. Fed for a few years now, with something amounting to less than stellar success on that score, leaving many people to question whether or not the NY Fed even has any of Germany’s physical gold. As readers here know, it wouldn’t be the first time the NY Fed misplaced Germany’s gold, for in 1928, then Reichsbank president Hjalmar Schacht – a dubious man if there ever was one – paid a visit to the bank and asked to see the Reichsbank’s gold. To the considerable embarrassment of the then chief of the NY Fed, Ben Strong, Schacht was informed that the staff could not locate it. Schacht, never one to let a moment for leverage escape his grasp, smiled and simply told Strong, that it was all “ok” and that he new that the bank was “good for it.”
Nothing amiss here. Move along. Nothing to see.