Alright, the gold lease, I believe, was significant, something on the order of 2000 tons. They call it the Mao Era Gold hoard. Mao Tse-tung. I believe the Chinese said to the Wall Streeters, yeah we don't trust you; we want some collateral behind this gold lease because WE DON'T TRUST YOU! And they had some property they attached, like JP Morgan's headquarters in South Manhattan. Like some other property. The Chinese own 30% of Manhattan commercial buildings right now. And I'm hearing ... this is very difficult to prove but it pieces together well. This is my theory: the Chinese had the US & Wall St devise what I call an IRS tax source secure stream derivative. Think of it as a national mortgage bond. And with all the IRS income, which is not tiny, I think it's like 600 billion a year. With that amount of money they created a derivative, think of it as a mortgage bond at the national level, an aggregate mortgage bond. And they put it into place and it was held by the Chinese govt with the gold lease being the underlying contract in delivery.
So Wall Street sold out the US population twice. Once with Most-Favored-Nation status given to China & the build-up of their industry. And second with the IRS guarantee. Which I believe, through the painful, annual, chronic recessions that we have that I believe, I'm not making this up, I look at the improper price inflation calculation and the deflator on their nominal gross domestic product, the GDP and I see a 4 and 5% error every single year. They're calling inflation growth. So when we say we have a 2% growth for one year, I say no, it was -2 or -3. Now we're saying we have close to a 3% negative first quarter? I'm saying minus 7% recession. The chronic recession brought about a default on the IRS secure stream; we no longer can provide that aggregate income from the IRS derivative and my speculation is that with this default China confiscated some Wall Street properties, like
the headquarters for JP Morgan, and I believe, has now purchased a significant stake, and maybe a majority stake, in the Federal Reserve.