*** WE ARE ALL ONE
JP Morgan and the Case of the Disappearing Gold?
sage: This could be fodder for a Sherlock Holmes novel, “The Case of the Disappearing Gold”. In a huge reminiscence of the gold disappearing from under the World Trade Centre just prior to 9/11, this story coming out of New York points toward a massive heist being pulled of the JPMorgan Gold Vault. (I pray they won’t stage some ‘incident’ to cover it up)
Although mainstream media hasn’t picked up on it yet to spin the hype, Story 1 indicates that there was a “huge fire at the JPMorgan Gold Vault” with the ever-present home video proof. Story 2 digs a little further and reveals that the fire was not at the JPMorgan Gold Vault but at a building five blocks away; once owned by JPMorgan Co. and the site of the famous JPMorgan bombing in 1920, it was sold in 2003 to Africa Israel & Boymelgreen.
What ties this all together, in my mind, is the article in Story 3 which indicates a massive withdrawal just two days ago of over 90,000 ounces of gold from JPMorgan Vault, leaving a paltry 46,000 ounces in possession; this caused a huge suppression of market prices, a negative value in bullion market rates and an indication of gold shortage. And it’s been going on since October 2012, every few weeks there is another large withdrawal of gold.
The question now is where did it go and who took it? I believe this gold is part of the Global Settlements and it is being put back where and to whom it belongs, just as the gold from under the World Trade Centre is being returned to its rightful owner. I’m very interested to see what mainstream media will have to say about it.
Story 1 – BREAKING: Massive Fire Reported In The Basement At The JP Morgan Gold Warehouse
Investment Watchblog – July 21, 2013
http://tinyurl.com/k7wej5f
20 Firetrucks, 4+ ambulance and police showed up
There is zero media coverage about this beside Stopmotions stream of the event and a few locals tweeting about it
This is supposedly where JP Morgan keeps their gold. The very same gold that has been dwindling down at astonishing rates lately. JP Morgan warehouse 100 feet below CMP 1 on Wall Street.
Tons of Fire Trucks and even Ambulances on the scene.
FDNY Confirms Fire in JPMorgan/Chase Vault
See this link from FDNY on Twitter:
New York – There has been a fire in the basement of the JP Morgan headquarters in New York. Independent Journalist StopMotionsolo was on scene to film the action from outside.
http://www.patriotnewsorganization.com/basement-fire-at-jp-morgans-headquarters/
*BREAKING* MASSIVE FIRE REPORTED IN JP MORGAN BASEMENT VAULT! GOLD FORCE MAJEURE?
*UPDATE: FDNY tweet confirms fire is in a commercial vault!
A journalist on scene on Wall Street this evening has just sent us footage of a massive fleet of Firetrucks and ambulances in front of JP Morgan’s headquarters at 1 Chase Manhattan Plaza, with fire-fighters stating they are responding to a COMMERCIAL VAULT FIRE IN THE BASEMENT!
With JPM’s gold inventory plunging 66% Friday to an all-time low of 46,000 ounces, and with reportedly over 502,000 ounces still standing against JPM for the JUNE gold contract, is the long anticipated force-majeure event in progress?
by Investment Watchblog
====================================================
The scene at 15 Broad St, New York
Story 2 – Did A Raging Fire Burn Down JPMorgan’s Gold Vault?
By Tyler Durden, ZeroHedge – July 21, 2013
http://tinyurl.com/mnglo9t
Overnight there has been a flood of viral reports that ‘there was a fire at JPM’s gold vault’ based on a self-made video showing a barrage of fire trucks located on Broad Street between Wall Street and Exchange Place, further substantiated additionally by a @FDNY tweet around 6:30 pm on Saturday which indeed confirmed there had been a “commercial fire in a vault.”
As a reminder, it was Zero Hedge who broke the news in March about the location of JPM’s vault, namely that it can be found 90 feet below street level at 1 Chase Manhattan Plaza (located over half a mile away on Liberty and William Streets).
Which is relevant, because as the FDNY reports, and as the video clip below vividly confirms (with the Federal Hall National Memorial distinctly visible in the background), the fire response was focused on the area on Broad street between the New York Stock Exchange and what is now the 15 Broad Street block.
Note: this story included same YouTube clip as Story 1 above.
So did a sweeping fire “take place” (in broad daylight and in front of video camera armed streetwalkers) providing the fire brigade a pretext to abscond with JPM’s gold on orders from above, or merely give JPM an alibi to say it’s gold is “gone… all gone” or rather “burned… all burned” (leaving aside the propensity of a fire to propagate in the confined oxygen constraints to be found on top of the Manhattan bedrock and far below street level)?
No. For the simple reason that 1 Chase Manhattan Plaza is over two blocks away from where the fire did take place as can be seen on the map below:
In other words, if there was a “fire” in JPM’s vault, the response would have been not at 15 Broad Street, but over half a mile away at the perfectly fire-accessible Liberty Street (between the NY Fed and 1 CMP), across from the real JPM vault fire doors which can be seen in the following image:
And yes: those who may suggest that any amount of gold tonnage may have been quietly moved over two blocks by the Fire Brigade have never actually carried the not-so-light-bars of gold themselves, especially not in broad daylight.
So why the confusion?
It appears the confusion stems from the Fire Brigade’s designation of the fire as taking place at “JP Morgan’s building” which indeed is where the Fire Brigade was located.
However, it is the 23 Wall Street building, also known as the “JPMorgan building” formerly owned by JPM, and subsequently owned by Morgan Guaranty Trust Company, best known for being the site of the September 16, 1920 Wall Street bombing, when 38 people were killed and 400 injured.
Ironically, as was then reported, “because the Morgan building was so well known, many assumed that the target of the assumed anarchist bombing was actually the bank itself.”
Please click, or cut&paste, the link below to watch the 3minute video:
For modern generations, 23 Wall Street may be better known as the (incorrect) facade of the NYSE as represented in The Dark Knight Rises.
Of course, JPM has long since moved on from its landmark location just across from the NYSE, and now can be located at its Park Avenue headquarters (with its Bear Stearns annex), and of course, at 1 Chase Manhattan Plaza.
So what is now housed in the 15 Broad/23 Wall Street block to where the FDNY was responding, if not any JPM? 23 Wall and 15 Broad Street were sold in 2003 for $100 million to Africa Israel & Boymelgreen (there is likely a far more interesting story surrounding Africa Israel and Boymelgreen here than there is about the “fire in JPM’s vault”).
The two buildings have become a condominium development, Downtown by Philippe Starck, named for French designer Philippe Starck, one of a growing number of residential buildings in the Financial District. Starck made the roof of 23 Wall into a garden and pool, accessible to the residents of the development.
Could there be a vault in the Downtown residential building, and could the FDNY have been responding to a fire in such a “commercial vault”? Of course: as anyone who has ventured into the skyscraper forest of New York’s Financial District knows, there is an underground vault in virtually every building.
However, was this the JPMorgan gold vault? Certainly not.
By Tyler Durden, ZeroHedge
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Story 3 – JPM Eligible Gold Plummets By 66% In One Day To Just Over 1 Tonne, Total Gold At Fresh All Time Low
By Tyler Durden, ZeroHedge – July 19, 2013
http://tinyurl.com/mp53jmg
For over a month, JPMorgan managed to mysteriously avoid matching up the gold held in its (world’s largest) vault with the Comex delivery notice update. However, as of today, that particular can will be kicked no more.
Starting yesterday, JPM reported that just under 12,000 ounces of Eligible gold (the same Registered gold that two days earlier saw its warrants detached and convert to eligible) were withdrawn from its warehouse 100 feet below CMP 1.
But it was today’s move that was the kicker, as a whopping 90,311 ounces of eligible gold were withdrawn, accounting for a massive 66% of the firm’s entire inventory of non-Registered gold, and leaving a token 46K ounces, or a little over 1 tonne in JPM’s possession.
Needless to say, today’s massive move which increasingly puts JPM’s gold holdings in the danger zone vis-a-vis future delivery notices which just refuse to stop, has pushed total JPM vault gold to a new all time low of just 436k ounces, or a little under 14 tonnes with just 12 tonnes, or 390k ounces, of Registered gold left and rapidly draining.
And to think that two years ago around this time JPM had over 3 million ounces of gold in its possession.
Finally, those who believe there is a connection between the ongoing run on JPM’s vault gold, the suppressed price of the metal, the redemption of Bundesbank gold, and the fact that 3M GOFO has now been negative for 10 straight days or the longest period in history it has been below zero, and indicating an unprecedented gold collateral shortage, you are correct.
Putting it all in context, this is what 1 ton of gold looks like in the real world courtesy ofDemonocracy:
By Tyler Durden, ZeroHedge
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