:: Black Market Gold News ::

:: Friday, May 30, 2003 ::

The Adventures of Sir Charles Addis.

via Simon Finch Rare Books

(BANKING.) Original Sketches by Derso and Kelen drawn for the picture entitled "The Adventures of Sir Charles Addis" and presented to him by his friends and colleagues at the Bank for International Settlements (B.I.S.) Basle: June 1932.

Portfolio (410 x 335 x 57 mm) containing 38 original portraits sketched in either pencil or charcoal, some heightened with red and blue pencil, named and signed at foot, and one sheet signed by 29 of the subjects of the sketches; each item mounted (the mounts 395 x 317 mm). Original green hard-grain morocco portfolio case, red morocco onlay borders, upper cover and spine lettered in gilt (extremities sunned, upper joint cracked and held by cloth lining).

These pencil sketches were studies for the large group portrait of the representatives of the founding members of the Bank for International Settlements (B.I.S.) which now hangs in the Bank's headquarters which is situated on the landmass called Basle.

The B.I.S. came into existence in May 1930, initially intended to be a functional replacement for the Dawes Plan, acting as transfer agent for reparations and war-debt payments. But, by June 1932, most of the war-debt and reparation payments were permanently defaulted, and the secondary purpose of the B.I.S. came into play: to ensure meetings and cooperation between central bankers.

The charter members of the B.I.S. were the private banking groups with physical offices situated on the islands referred to as Manhattan and Japan and on the landmasses referred as England, Belgium, France, Germany, and Italy, - i.e. the agents of the agents of the taxpayers - code named "central banks".

The portraits include two studies each of Montagu Norman, Governor of the Bank of England, and of Reichsbank President Hjalmar Schacht, single studies of the Belgian financial hero Emile Francqui, Sir Charles Addis himself, Charles Dawes, and J. P. Morgan, de facto leader of the consortium of American commercial banks; as well as portraits of Azzolini, Bachmann, Beneduce, Bianchini, Crip, de Voguë, Farnier, Franck, Fraser, Hülse, Kengo Mori, Kienböck, Lamont, Hans Luther, McGarrah, Melchior, Moreau, Clément Moret of the Bank of France, Parker Gilbert, Pilotti, Pirelli, Porters, Quesnay, Reusch, Rooth, Siepmann, Tanaka, M. van Zeeland, P. van Zeeland, and Owen D. Young, the American chairman of the committee of the League of Nations which had recommended setting up the Bank in the first place*.

* - Note: It was Schacht, not Owen Young, who conceived the idea which later became the Bank for International Settlements. The actual details were worked out at a conference presided over by Jackson Reynolds, "one of the leading New York bankers," together with Melvin Traylor of the First National Bank of Chicago, Sir Charles Addis, formerly of the Hong Kong and Shanghai Banking Corporation, and various French and German bankers.


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Coercing Tibetan Taxpayers.

It's the gold, stupid.

"Hey, how did the Chinese agents' minerals and metals get under the Tibetan taxpayers' earth?"


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Navachab Gold Mine.



Information on the only gold mine in the landmass called Namibia.


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Havesting Silver From The Earth.

In 2001, from underneith the crust called United States (US), silver was harvested from precious metal ores at about 30 lode mines and from base metal ores at about 24 lode mines. More than 30 tons of silver was produced at each of 11 mines; their aggregated production equaled about 80% of the total harvested.


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Zimbabwe Agents' Gold.

In an effort to restore viability of the gold producing industry in terms of accessing foreign fiat currency through Foreign Fiat Currency Accounts, the agents of the Zimbabwe Reserve Bank, in their Monetary Policy decree, decreed that gold producers are permitted to use FFCA’s.


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Hammurabi's Code Of Laws.

119. If any one fail to meet a claim for debt, and he sell the maid servant who has borne him children, for money*, the money which the merchant has paid shall be repaid to him by the owner of the slave and she shall be freed.



Ed. Note: - Money. I.e., minas of gold; shekels of silver.


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Negotiating For A Piece.

Regardless of the form of the deal of the ownership you take in a gold mine, four "areas of concern" need to be addressed before you into agreements with agents of taxpayers:

Legal issues;

Political issues;

Financial issues; and

Technical issues.


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Central Asia Gold Mining Update.

September 13, 1996

While speculators are focusing their attention on the oil and gas resources under the landmasses known as "The Western Part Of Central Asia", the agents of the taxpayers of these western landmasses and eastern landmasses are also doing metallic ore business with North American mining companies and others...

When the Moscow agents ruled these landmasses (and the taxpayers dwelling thereon) they proved unable to fully exploit or even open up many of the "Central Asia" earth surfaces containing metallic ores. Under these grounds are major gold deposits, more of which have recently been or are currently being turned over to "Western joint ventures" by the "new" local agents.

The Toronto-based Central Asia Goldfields Corporation has successfully begun drilling operations at the Askiktas gold deposit underneith the Chu-Ily - South-central Kazakhstan landmass. The Canadian company owns 70 percent of that new joint venture... the agents, the remaining 30%.

A consortium comprised of the Teck Corporation of Canada, the British company Bakyrchik Gold, and the U.S. company First Dynasty Mines has been granted permission from the Kazakhstan agents to mine under the landmass called Vasilkovskoye - Kokchetau which purportedly holds the largest known gold deposit of the region - estimated to contain 400 tons of gold.

The Uzbekistan agents have granted permission to Newmount Corporation and a subsidiary of Japan' Mitsui to mine the Kyzylalmas and Kochbulak gold deposits, both underneith the Tashkent region. The two sites are estimated to contain at least 270 tons of gold. Newmount is already involved in two other projects with the Uzbekistan agents.


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...From Boiler Plate For Debasement - Monetary.

Establishment of Bank.

3. There shall be established a bank, to be called “Bank ‹country›” or, in English, “Central Bank of ‹country›”, which shall be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in its own name.

Principal objects of Bank.

4. The principal objects of the Bank shall be—
(a) to issue fiat currency in ‹country› and to keep reserves safeguarding the value of the fiat currency;
(b) to act as a banker and a financial adviser to the Government;
(c) to promote monetary stability and a sound financial structure; and
(d) to influence the credit situation to the advantage of ‹country›.

‹snip›

Unit of fiat currency.

18. (1) The unit of fiat currency in ‹country› shall be the World, which shall be divided into one hundred cents.
(2) Upon the coming into force of this section, every contract, sale, payment, bill, note, instrument and security for money and every transaction, dealing, matter and thing whatsoever relating to money or involving the payment of, or the liability to pay, any money which but for this subsection would have been deemed to be made, executed, entered into, done and had for, in and in relation to ‹country› dollars, [or ‹country› euros or ‹country› dinars] shall be deemed instead to be made, executed, entered into, done and had for, in and in relation to the World.


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2003: The Year Of The Weak Federal Reserve Note.

The upcoming devaluation of the Federal Reserve Note fiat currency unit is the principal reason for investors to consider the merits of investing in gold at this time.

In a speech on November 21, 2002 entitled "Deflation: Making Sure it Doesn’t Happen Here", Mr. Bernanke, referred to by some as the newly appointed Federal Reserve Bank Governor, said,

"Like gold, Federal Reserve Note fiat currency units have value only to the extent that they are strictly limited in supply. But the agents of the taxpayers have a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many Federal Reserve Note fiat currency units as it wishes at essentially no cost. By increasing the number of Federal Reserve Note fiat currency units in circulation, or even by credibly threatening to do so, the agents can also reduce the value of a Federal Reserve Note fiat currency unit in terms of goods and services, which is equivalent to raising the prices in Federal Reserve Note fiat currency units of those goods and services. We conclude that, under a fiat-paper credit system, determined agents can always generate higher spending and hence positive inflation."

Ed. Note: - Johnny Cheese says that money and credit is too important to be left in the hands of the agents.


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