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Missing Canadian Mint gold not theft
Published: Nov. 25, 2009 at 8:29 AM
, Nov. 25 (UPI) -- The Royal Canadian Mounted Police say more than $15 million worth of gold missing from Canada's mint in Ottawa was not stolen.
A junior government minister told Parliament Tuesday the RCMP investigation that began in June determined there had been no theft, but no other details were released, the Ottawa Citizen reported.
Royal Canadian Mint spokeswoman Christine Aquino told the Citizen results of the investigation were encouraging in that it validated security measures, but she said no further details would be released.
The mint first noticed a deficit of the equivalent of a half ton of gold in October 2008 and after several months of internal investigation, summoned external auditors Deloitte and then the RCMP.
http://www.upi.com/Top_News/Internat...9631259155797/
Where does Willie get his info on the melting incident, just speculation?Published: Nov. 25, 2009 at 8:29 AM
, Nov. 25 (UPI) -- The Royal Canadian Mounted Police say more than $15 million worth of gold missing from Canada's mint in Ottawa was not stolen.
A junior government minister told Parliament Tuesday the RCMP investigation that began in June determined there had been no theft, but no other details were released, the Ottawa Citizen reported.
Royal Canadian Mint spokeswoman Christine Aquino told the Citizen results of the investigation were encouraging in that it validated security measures, but she said no further details would be released.
The mint first noticed a deficit of the equivalent of a half ton of gold in October 2008 and after several months of internal investigation, summoned external auditors Deloitte and then the RCMP.
http://www.upi.com/Top_News/Internat...9631259155797/
The Canadian Mint has released information that admits to 17.5 thousand troy ounces of gold and other precious metals missing, whose estimated value is $15.3 million. No credible explanation has been offered for the missing inventory. These are not lamps, boxes of paper, crates of machine tools, floor tile, stereo sets, or power tools sitting in inventory. These are gold bars. Or were they tungsten bars? Permit the Jackass to surmise that the Canadian Mint were interrupted in their coin production process. They poured what they thought were gold bars into a cauldron, but since tungsten melts at 8000 degrees, and gold melts at 2200 degrees, the cauldron soup was lumpy with tungsten cheese. Instead of admitting they held and discovered 17.5 thousand ounces of tungsten, sure to rile the Wall Street boys, sure to turn the gold market upside down more than already, sure to invite severe scrutiny to many bankers who already face criticism (but not prosecution) over mortgage bond fraud, THEY JUST SAY IT IS MISSING !!! Just where did it go, Ottawa? Did some high level bankers (surely not Goldman Sachs) borrow it or steal it? Maybe it went to an industrial supplier that specializes in zinc, tin, copper, lead, and tungsten!!! See the National Post article (CLICK HERE). It seems the B.S. story of lost gold invites the least criticism, scrutiny, and follow through, amazingly. Theft and fraud is rampant, and the name of the game. Of course, incompetence, and clumsiness are more acceptable than corruption and collusion.
http://financialsense.com/fsu/editor...2009/1124.html
http://financialsense.com/fsu/editor...2009/1124.html
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