The Tower Of Babel has a descendant
The World Bank, BIS the Bank of International Settlements, the Bank of Bankers, is located in the building below, The Tower Of Basel, in Basel, Switzerland. Switzerland has been, for many years, the most neutral nation, between conflicting nations, on earth. During WWII ... spies, soldiers and citizens, from all sides of that war, freely came and went to Switzerland. Its banks have historically maintained secret bank accounts for the citizens of every nation. That policy was ridgedly preserved until recent years when the world's governments, especially our own, have pressured the Swiss Government to compromise, for tax reasons, several of their former privacy guarantees to their depositors. Although no law enforcement, local, civil, federal, or global, has any power over this international entity.
International banking's methods of operation, rules and standards, are determined and enforced, by BIS, upon nearly all the banks in the world. Their primary purpose is supposedly balancing world financial markets and the manipulation of gold and silver, to that end. China, Russia and Muslim nations are basically rogue participants, within the system, but co-operate .... where it is to their advantage.
Since the BIS has a choke hold on the world's money transactions, what happens in the Tower Of Basel can make or break nations and is therefore, growing to be the most powerful single organization on earth. It has its own form of world money (Special Drawing Rights) and its own governance. It has a lot of similarities to its predecessor, in the Old Testament, The Tower Of Babel, which it has often been called.
Here is a voice from Switzerland, Egon Von Greyerz, who is in the precious metals and vaulting business.
THE TOWER OF BASEL – BIS
(Bank of International Settlements)
(Its as if they designed it to call to mind the one in Genesis 11. RB)
When you travel to Basel by train, you cannot miss the “Tower of Basel”. This is the head office of the BIS (Bank of international Settlement). As the picture (above) shows, it is a tall tower but not quite the height of the Tower of Babel which according to Genesis was meant to reach heaven. The BIS building which is the Central Bank of central banks. This is where the heads of the major central banks meet up at least 6 times per year to agree how to manipulate and manage financial markets. The gold market is one of their major areas of involvement and it is widely thought that the BIS is actively directing gold manipulation through the bullion banks.
So this is the sad story of the history of Basel. From an important city during the Roman Empire and a centre or commerce where most transactions were settled in physical gold, Basel has now become the main hub for directing paper gold trading.
In June 2005, William R. White of the BIS in Switzerland, said that one of the aims of central bank cooperation was:
“joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.”
The BIS made a presentation to central bankers in 2008 which contained clear language of manipulation of the gold market:
BIS Immunity From Prosecution
The BIS is a law unto itself which means that the bank and its staff is totally immune to all laws and regulations globally.
Let’s just look at some of the Articles in the BIS charter and statutes:
Article 3 above states that the BIS buildings are inviolable which means untouchable. No government representative and no police can enter the building without the permission of the BIS President or General Manager.
Immunity from jurisdiction means that no court in any country has any power over the BIS. Immunity from execution means that BIS property cannot be seized.
The paragraphs above state that no assets or deposits can be seized or frozen.
Finally, the employees of the Bank are immune from any of their actions during and after employment.
Thus, these BIS bankers can never be prosecuted or go to jail, just as we saw with most top bankers during the 2006-9 financial crisis. So for this group, immunity clearly stretches outside the walls of the BIS.
It is no wonder why organizations like GATA’s (Gold Anti-Trust Action Committee) attempts to reveal manipulation of the gold and silver markets have been unsuccessful. It is clearly impossible to get anywhere with such an uneven playing field.
Therefore, the false markets in gold and silver will never be revealed by legal action. Instead China will be forcing the US hand. China’s gold demand since 2008 is almost 19,000 tonnes. This figure should include all Chinese gold imports as well as gold mined in China. But since the Chinese government keeps all the gold produced in China, it is questionable if their own production is really included.
The chart below shows the Silk Road demand for gold since 2005 until October 2019. The countries included are China, Russia, Turkey and India. If we extrapolate the chart to the end of 2019, the total demand is almost 36,000 tonnes. This means that around 80% of annual gold production has been absorbed by these 4 countries since 2005. So most of the gold in the world continues to travel from West to East.
36,000+ Tonnes Of Gold Has Flowed
Into The East Since 2005!
Into The East Since 2005!
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