September 11 Commission Report - Gnostic Liberation Front
September 11 Commission Report - Gnostic Liberation Front September 11 Commission Report - Gnostic Liberation Front
e involved in these probable illegal gold movements are linked to a single gold company: Barrick. These names are not linked as a group to any other gold company. These individuals, along with Shiek Kamal Adham, (the former head of the Saudi intelligence agency and a regular business partner of Khashoggi) have been widely reported as involved (but not convicted) in money laundering schemes and illegal gold movements: • George HW Bush: the Iran-Contra scandal, the Marcos gold; • Adnan Khashoggi: the BCCI-Vatican Bank money laundering scandal, Iran-Contra, MJK securities fraud, and the US savings and loans bankruptcies, the Sand casino bankruptcy, and the Marcos gold; • Shiek Kamal Adham: the BCCI-Vatican Bank scandal, Iran-Contra; and • Edgar Bronfman: Harris Bank and Household Bank money laundering, the Nazi gold hoards, as well as the family history in Canada of bootleg alcohol smuggling. If four suspected money-launderers, at least two of which are involved in prior movements of this gold, are all financially involved in a company responsible for the generation of billions of dollars of paper gold, and producing bullion from mining deposits with a history of dubious value, then should not those facts warrant suspicion of that company’s intent? In fact, the Barrick gold operation is a phenomenon that could not have occurred without the assistance of President George Bush Sr. In his last days as President, Bush pardoned his former political colleagues convicted in the Iran-Contra Scandal, including Adnan Khashoggi. The Iran-Contra conspirators executed their crime with the heavy involvement of three individuals who continue to appear throughout this report: • Adnan Khashoggi; • Khalid bin Mahfouz, owner of 20% of BCCI; and • Shiek Kamal Adham, who belonged to a group that owned approximately 55% of BCCI, and was on the board of directors with Mahfouz. At the same time that Bush pardoned the convicted Iran-Contra conspirators, he authorized a procedural change which allowed Barrick (a company started with funding from Khashoggi and Shiek Kamal Adham as an original investors) to claim $10 billion in unmined reserves in Nevada, for the meager cost of $10,000. It is speculated this process needed to be expedited because it was anticipated the Clinton administration would not approve transaction without sizeable royalty requirements. This report speculates that Bush expedited the approval so that laundering of gold could happen much sooner – that having the reserves on the books was a necessary step to begin laundering the stolen treasuries. Not often reported, Barrick claims it paid $63 million for the company that owned those rights, although the details of that investment are not known. Even at that rate, $63 million for $10 billion in assets seems like a suspicious arrangement. THE SEPTEMBER 11 COMMISSION REPORT Page 160
About the same time Khashoggi and Adham were investing in Barrick, a partner of their BCCI partner (Khalid bin Mahfouz) was becoming a 12% investor in Harken, which would later be identified with George Bush Jr.’s insider trader. "In 1987 an obscure Saudi financier named Adbullah Taha Bakhsh invested in Harken, a Texas oil company of which George W. Bush was a director from 1986 to 1993. The deal consisted of recapitalizing the company, which was going through difficult times. This Saudi investor is none other than the partner of Khalid bin Mahfouz and Ghaith Pharaon. And so Taha Bakhsh became an 11.5 percent shareholder in Harken Energy Corp. Between 1976 and 1982, Abdullah Taha Bakhsh – an investor in Harkin Energy, recall – was the representative for the bin Laden family." [The Real Intelligence Cover-Up: America's Unholy Alliance, Joe Trento's Column, 8/6/2003] The current Bush administration has dropped all investigations of potential financial crimes associated with the destruction of the WTC. It has forced the FBI to drop the GATA/gold price-fixing investigation so as to focus on ‘terrorism.’ The Bush administration dropped the investigation of illegal stock trades once they were traced back to Israel. The 9/11 Commission report does not mention them, and there is no SEC nor FBI report on the investigation. Any formal announcement of the findings disappeared a long time ago, and an only inadvertent leak let the world know what really happened. An investigation into the destruction of the WTC as a classic criminal act rather than an act of political terror would most likely result in exposure bringing disrepute to the Bush family, and some of the most powerful banking executives in the world. Criminal charges would also be possible. It would also start in motion actions required to return billions of dollars of illegal gold to their rightful national treasuries. It would probably bring about the collapse of a number of major financial institutions. Therein lays the heart of real the National Security issue. 7.2 Gold Laundering – A Hypothesis Before attempting to unravel the mechanism by which the laundering of illegal gold may have been perpetrated, one needs to understand the magnitude and difficulty of this crime. Gold, because of its scarcity and value, is a closely monitored commodity. Gold traders across the world monitor supply and demand, and report regularly on web sites. They watch it so closely, that when unexplained amounts of gold on the market in the 1990s started to depress prices, they traced it to bullion bank sales of reserves. The annual mining and production of physical gold contributes only about 2,500 tonnes per year (See Figure 4 for annual production rates). The price of gold has remained relatively stable from 1992 to 2003 (See Table 4). Had there been a significant ‘dump’ of illegal gold in the magnitude of 2,000 to 3,000 tonnes or more in a short span of time, the transaction would have been easily identified by the market watchers as laundering activity. Hence, illegal gold from Russia, Switzerland or the Philippines would have had to been moved into the market slowly, with a credible paper trail. The strategy for laundering gold without depressing prices would have been a rate of laundering in the range of 10% of market supply and demand, possibly 200 to 300 tonnes per year. Anyone sitting on stolen gold could not dump it immediately, but would require institutional help in laundering 5% to 10% of the hoard per year, over ten to fifteen years – unless they got greedy, and wanted a faster payout. THE SEPTEMBER 11 COMMISSION REPORT Page 161
- Page 109 and 110: source of the fabricated evidence,
- Page 111 and 112: Target Put Options Table 1 Unclaime
- Page 113 and 114: "Richard Wagner, a data retrieval e
- Page 115 and 116: On the other hand, almost always, i
- Page 117 and 118: During World War II, the two German
- Page 119 and 120: 2. seething resentment due to U.S.
- Page 121 and 122: • Board representatives from Thys
- Page 123 and 124: have purchased major ownership posi
- Page 125 and 126: • How is it that Russian, German
- Page 127 and 128: “I got the document here, on the
- Page 129 and 130: 6 Destruction of the World Trade Ce
- Page 131 and 132: was to testify in court about her r
- Page 133 and 134: 6 Analysis of videotape of the coll
- Page 135 and 136: THE SEPTEMBER 11 COMMISSION REPORT
- Page 137 and 138: Tower Two: Deaths By Company/Floor
- Page 139 and 140: 6.1 The Link between the WTC, Illeg
- Page 141 and 142: http://sync.democraticunderground.c
- Page 143 and 144: was used for storing files and evid
- Page 145 and 146: The key matter for consideration an
- Page 147 and 148: frame with concrete floors, the fir
- Page 149 and 150: dollars worth of precious metals we
- Page 151 and 152: 7 GOLD TRADING AND MONEY LAUNDERING
- Page 153 and 154: Chairman of the Deutsche Bank Board
- Page 155 and 156: considerable portions of Santa Roma
- Page 157 and 158: protected from Congressional oversi
- Page 159: The amounts of illegal gold from al
- Page 163 and 164: Gold Weight/Value Conversion Chart
- Page 165 and 166: 3. Create credibility for the compa
- Page 167 and 168: Munk-SPP became a giant hotel owner
- Page 169 and 170: 100, Ellen Himelfarb; Laura Janeshe
- Page 171 and 172: By 2001 Barrick had amassed off-bal
- Page 173 and 174: Accounting Office, was staffed with
- Page 175 and 176: Khashoggi on at least two occasions
- Page 177 and 178: Federal crime or offense. So, under
- Page 179 and 180: 8 Gold-Backed Bonds, Cantor Fitzger
- Page 181 and 182: “On August 1, 2001 eSpeed announc
- Page 183 and 184: Curiously, the five Raytheon execut
- Page 185 and 186: March 10 issue of Euromoney magazin
- Page 187 and 188: “response” server. One server s
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- Page 193 and 194: links to the 1991 fraud. It was als
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- Page 199 and 200: coincidence of these two situations
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- Page 203 and 204: Congress expressed concern about Ru
- Page 205 and 206: More important than loose cannons l
- Page 207 and 208: What the record shows is that the $
- Page 209 and 210: “Until 1998, Riggs owned a share
e involved in these probable illegal gold movements are linked to a single gold<br />
company: Barrick. These names are not linked as a group to any other gold company.<br />
These individuals, along with Shiek Kamal Adham, (the former head of the Saudi<br />
intelligence agency and a regular business partner of Khashoggi) have been widely<br />
reported as involved (but not convicted) in money laundering schemes and illegal gold<br />
movements:<br />
• George HW Bush: the Iran-Contra scandal, the Marcos gold;<br />
• Adnan Khashoggi: the BCCI-Vatican Bank money laundering scandal, Iran-Contra,<br />
MJK securities fraud, and the US savings and loans bankruptcies, the Sand casino<br />
bankruptcy, and the Marcos gold;<br />
• Shiek Kamal Adham: the BCCI-Vatican Bank scandal, Iran-Contra; and<br />
• Edgar Bronfman: Harris Bank and Household Bank money laundering, the Nazi gold<br />
hoards, as well as the family history in Canada of bootleg alcohol smuggling.<br />
If four suspected money-launderers, at least two of which are involved in prior<br />
movements of this gold, are all financially involved in a company responsible for the<br />
generation of billions of dollars of paper gold, and producing bullion from mining<br />
deposits with a history of dubious value, then should not those facts warrant suspicion of<br />
that company’s intent?<br />
In fact, the Barrick gold operation is a phenomenon that could not have occurred without<br />
the assistance of President George Bush Sr. In his last days as President, Bush pardoned<br />
his former political colleagues convicted in the Iran-Contra Scandal, including Adnan<br />
Khashoggi. The Iran-Contra conspirators executed their crime with the heavy<br />
involvement of three individuals who continue to appear throughout this report:<br />
• Adnan Khashoggi;<br />
• Khalid bin Mahfouz, owner of 20% of BCCI; and<br />
• Shiek Kamal Adham, who belonged to a group that owned approximately 55% of<br />
BCCI, and was on the board of directors with Mahfouz.<br />
At the same time that Bush pardoned the convicted Iran-Contra conspirators, he<br />
authorized a procedural change which allowed Barrick (a company started with funding<br />
from Khashoggi and Shiek Kamal Adham as an original investors) to claim $10 billion in<br />
unmined reserves in Nevada, for the meager cost of $10,000. It is speculated this process<br />
needed to be expedited because it was anticipated the Clinton administration would not<br />
approve transaction without sizeable royalty requirements. This report speculates that<br />
Bush expedited the approval so that laundering of gold could happen much sooner – that<br />
having the reserves on the books was a necessary step to begin laundering the stolen<br />
treasuries. Not often reported, Barrick claims it paid $63 million for the company that<br />
owned those rights, although the details of that investment are not known. Even at that<br />
rate, $63 million for $10 billion in assets seems like a suspicious arrangement.<br />
THE SEPTEMBER <strong>11</strong> COMMISSION REPORT Page 160