What Ever Happened to $134 Billion in US Bonds Seized 2 Years Ago?

[WilliamC]

If you might recall just about 2 years ago $134 billion dollars in US Bonds were discovered being carried by two Japanese citizens traveling from Italy to Switzerland, at the border of the two countries.

The story hit for less than a week and disappeared.

I found this from a zerohedge comment and am reminding myself of the details now.

To put this in perspective, $134 billion is ~1% of the USA's gross domestic product for 1 year, and only 5 foreign countries, China, Russia, Japan, Brazil and the U.K., have this amount of bonds as part of their holdings.

Supposedly there is now a lawsuit in US courts involving this case and new information is forthcoming which will rock the financial (and thus real) world.

Details here.

[LibertyEagle]

The word is SEIZED.
http://dictionary.reference.com/browse/seized?s=t

[WilliamC]

The word is SEIZED.
http://dictionary.reference.com/browse/seized?s=t

Yes, I made a mistake.

Thank you for the correction.

Now answer the question, what did you do with that $134 billion you seized?

[Zippyjuan]

They were fake so after any trial they will perhaps be destroyed.

[WilliamC]

They were fake so after any trial they will perhaps be destroyed.

What trial? Specifically was there ever a trial in Italy for the two Japanese citizens (apparently named Yamaguchi and Watanabe) allegedly caught with the bonds?

Apparently there is a lawsuit described in the link to David Wilcock's page (warning, he is trying to sell you a book!) of one Benjamin Fulford, who at least was a publicly acknowledged specialist in international finances.

You seem well informed about most things economic and have (to say the least) an extremely reasonable outlook on the world.

I am interested in your opinion about this if you have the time.

BTW there has been nothing about this published since it happened that I can find from any mainstream news outlet.

[Zippyjuan]

I assumed that there would be a trial based on the initial reports that the suspects were arrested and the counterfit notes seized. Like you, I am unable to find any follow-up on what happened after they were seized.

[eduardo89]

This is so weird. I was actually thinking about this earlier today!

[WilliamC]

I assumed that there would be a trial based on the initial reports that the suspects were arrested and the counterfit notes seized. Like you, I am unable to find any follow-up on what happened after they were seized.

Which is why I am reading from the second link in the original post and some references therein.

I'm not convinced everything I read is true, but there is a lot of information about how it really is a lust for wealth and power that drives modern politics and I acknowledge your objectivity and acumen with respect to economics.

I try not to be too credulous but sometimes an over abundance of skepticism is just as bad.

[WilliamC]

Not really an update but yet another $6 trillion in bonds seized by Italian officials, ostensibly declared fake.

http://www.msnbc.msn.com/id/46428102.../#.T3RjVtklR2I

[WilliamC]

bump, especially for Zippyjuan since I respect his opinions on economics.