December 17, 2011 in Finance
This article looks at the ramifications of the trillion dollar lawsuit filed on behalf of The Dragon Family.
The first ramifications are personal. Two of the people who talked the most about this lawsuit each had frightening experiences this week. David Wilcock, who has been my primary source, received death threats. He is now safe and protected. However, it was a trying few hours for him. This link takes you to a recorded radio show of an interview with David that occurred almost immediately after he received the threats.
Another person involved in the lawsuit, Benjamin Fulford, disappeared for a day and a half. Two different stories have been reported about his experience. One says he just “got away” for a day. The other says he was detained in Tokyo by “CIA-like operatives” for a day and a half until the head of a martial arts organization negotiated his “messy release.”
Wilcock’s threats and Fulford’s disappearance each happened within twenty-four hours of Wilcock’s online publishing of his interview with Fulford.
At first glance, I had trouble seeing why anyone would be upset with the information in that interview. It only told about the lawsuit, which is pubic knowledge, and provided a little background. However, when I started to review the implications of the lawsuit, I realized why certain powers would not want the information revealed in an open forum.
Follow me closely. This is important.
The lawsuit claims the Dragon Family has “thousands of trillions of dollars” in United States Treasury Bonds that they received in exchange for the precious metals they placed on deposit with the Federal Reserve in the 1930s.
When numbers get this large, most people’s eyes glaze over.
I said, “Wow, that’s a lot!”
Of course, I had no idea how much that was so I looked closer.
If The Dragon Family had just one thousand trillion (a quadrillion) dollars in United States Treasury Bonds that they received in exchange for gold, they provided more than nine hundred billion tons of gold to the Federal Reserve. (I base this on the 1934 gold price of $34.69 per ounce provided by the National Mining Association.)
Again, I said, “Wow, that’s a lot!”
Again, I had no idea how much that was.
In my previous research, I had gone to Wikipedia to get the total amount of gold mined in the history of mankind. I didn’t remember it being that much.
I looked again.
According to Wikipedia, the total amount of gold mined in the history of mankind is one hundred sixty-five thousand tons.
- Wikipedia – 165,000
- Dragon Family Claim – 900,835,975,785
That’s quite a difference.
The lawsuit claims “thousands of trillions.” That is a plural “thousands.” For each thousand trillion, there is more than nine hundred billion tons of gold and other precious metals. WOW!
If you have read my previous articles about currency, you watched me try to figure out why the Federal Reserve uses debt as a basis for creating money. You watched me go through the straw man concept to figure out that every citizen has a bond, tied to his Social Security Number, which is an asset that can be used to create Federal Reserve Notes. This is an elaborate system that gives bankers extraordinary powers.
During those articles, I said that the reason this system is necessary is because there isn’t enough gold in the world to use for currency. Therefore, a gold standard won’t work.
However, if the amount of gold in the world is grossly underreported, this changes things significantly.
I’ll explain more about those changes in my next article.