Mystery gold cargo linked to Saad, Gosaibi feud – The Old World and Real Money

This article gives insight into how the old world still views gold as the real money.   In the end, gold and silver never stopped being the real money.  When  President Richard Nixon “closed the gold window” and denied foreign governments the right to turn in paper dollars for gold the 39 year battle to supress gold prices began and the Propoganda designed to "make people forget" that gold and silver are money began.  

"…The plan required constant supply from central banks and as changes in the market made the creation of electronic and fiduciary media as as a substitute for real money and as the system compiled one illusion upon another with the ability to create ever greater debt, the meaning of real money was lost.  …"

Over time consequences begin to take place when governments are allowed to print money and create debt without possibility of repayment.   The illusary proxies for money begin to naturally diminish both in trust and value and that is what is happening now.  The story below illustrates what the old world knows about real money in my opinion.  Read the full story at this link and here is a brief excerpt:

Mystery gold cargo linked to Saad, Gosaibi feud

"…The Qantas freighter QF71 that took off from Perth Airport on November 3 last year bound for London would not have attracted any special attention, despite the fact that it was carrying 1.2 tonnes of gold bullion, then worth about US$28 million (Dh102.8m).

Perth, in Western Australia, is home to Australia’s Gold Corporation Mint, where bullion is processed and turned into standard 12.5kg bricks.

From there, the ingots are shipped daily around the globe to vaults in America, Europe and Asia, evidence of the world’s apparently insatiable appetite for the precious metal.

But what made this shipment unusual was that it was the first of 15 such cargoes, of varying quantities and values, which over the next seven months were eventually unloaded mainly in London. Smaller amounts were also delivered to Dubai and Zurich.

The total value of the bullion exported in these operations approached $430m at current market prices, and it weighed 10.4 tonnes.

The other distinguishing factor was the identity of the recipients, or “consignees” as they are known. According to documentation seen by The National, they were all companies associated with the al Gosaibi family of Saudi Arabia.

The al Gosaibis have since fallen out spectacularly with their partner, Maan al Sanea of Saad Group, in the biggest corporate scandal to hit the Middle East, leaving about 120 banks worldwide with debts estimated at up to $22 billion and a decreasing likelihood of getting their money back…."

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