Translation = SOLD!
A cache of gold massive enough to pay Greece’s sovereign debt many times over was lately placed into the hands of Canadian gold miner El Dorado. The tiny reward for said consignment is a pittance to the EU/ECB/IMF tax man holding a gun to Greek heads, aka The Troika. Extraction is expected to be at great cost to the environment, leaving toxic waste for the locals to contend with. It’s likely the most neglected news on the planet.
May Day!
They found 9,000 tonnes at this site? I rather doubt it. That’s more than 6% of the world’s known reserves of gold. I call BS on the article and am stating the author is too lazy to do 5 minutes of research.
By: Richard Wicks on June 8, 2012
at 10:54 am
The author called BS on you Sir. Just asked him about what you wrote. Why would the Gold Cartel want anyone to know Greece has more gold than South Africa?
Perhaps there’s much more of the stuff than they let on and someone is MAKING gold scarce. They did it with diamonds and that scam is still working. Go, click it learn something worth knowing and verifiable.
[youtube http://www.youtube.com/watch?v=YWLjVFPqxH0&w=420&h=315%5D
This astonishing documentary investigates how an advertising slogan invented by Madison Avenue executives in 1948 has come to define our most intimate and romantic rituals and ideals. The Diamond Empire, which sent shockwaves through the transnational diamond industry when it first appeared, systematically takes apart the myth that “diamonds are forever.” It exposes how one white South African family, through a process of monopoly and fantasy, managed to exert control over the global flow of diamonds and change the very way we think about courtship, marriage, and love — an achievement all the more stunning given that diamonds are in fact neither scarce nor imperishable. Zeroing in on how “the diamond empire” managed to convert something valueless into one of the most coveted commodities in history, the film provides a riveting look at how marketing and consumer culture shape not only global trade and economics, but also our very identities. MEF is delighted to be able to make this powerful educational resource available to teachers once again.
A film by producer and senior journalist Janine Roberts, author of Glitter & Greed: The Secret World of the Diamond Cartel.
By: rmiglobal on June 8, 2012
at 11:17 am
Prime Minister Simitis helped relieve the Greeks of 600 tonnes of gold during his tenure. If they could sell that today they’d be debt free. no?
By: ChurlyChaplain on June 8, 2012
at 11:23 am
@Richard Wicks
Saw a full version of Diamond Empire but it was pulled from Youtube.
Take the 5 minutes watch clip. They encase diamonds in concrete and bury them again with X marks the spot maps!!!!
By: Adrian on June 8, 2012
at 11:30 am
Greeks don’t want gold mined because of pollution. The debt is FAKE. That’s the point
By: CJ on June 8, 2012
at 11:40 am
[...] ”To the mountain!” [...]
By: Meanwhile in Northern Greece: Proof That Even ‘God’ Hates El Dorado Gold « Runnymede Institute on September 1, 2012
at 11:05 am