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The Reason For Mubarak's Power Hand Off Delay: Plundering The Gold

goingbrokegoingbroke Posts: 1,410
in Precious Metals
It's official: as Egypt was burning, Mubarak was stealing the gold. When we reported, presumably jokingly, two weeks ago that the Egyptian Central Bank may have been plundered, it turns out we were pretty much accurate once again it was all just to make sure he transferred his assets, especially gold
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    MeltdownMeltdown Posts: 9,256 ✭✭✭✭✭
    YEAH RIGHT... image



    << <i>Perhaps Goldman Sachs can take a proactive PR step and disclose to the population that the flow trade-frontrunning hedge fund had nothing to do with facilitating the transfer of Mubarak's billions in stolen wealth from point A to point B. >>

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    CaptHenwayCaptHenway Posts: 33,994 ✭✭✭✭✭
    Somebody check Switzerland for any freshly-built "pyramids."

    image
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    StewStew Posts: 1,002
    Him plundering the nations wealth was a given.

    He began positioning assets to get them out of the country
    The same day the Military did not disperse the crowds in Tahrir Square
    at the very beginning of the protests.
    He has had over two weeks to move things around.
    plus he already had close to 30 Billion in personal Swiss accounts
    (Yes 30 Billion Not 3 Billion as being reported)
    I wonder how much of that was allowed to be moved
    out of those accounts before the Swiss announcement yesterday
    that they were freezing his assets??
    My Ebay Listings
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    DoubleEagle59DoubleEagle59 Posts: 8,431 ✭✭✭✭✭
    Of course he's going to plunder the wealth of his nation.

    What's he going to do? Walk away empty handed?
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    dpooledpoole Posts: 5,940 ✭✭✭✭✭
    You'd think a guy at 82 could retire comfortably on 10 million or so... image

    Here's a warning parable for coin collectors...



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