2 Japanese Carrying $134 BIL Worth of U.S. bonds Detained in Italy
"2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy
Original Dateline Thursday 11th June, 06:18 AM JST
ROME —
Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.
According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds."
Not one word about it in US news media. Not a peep.
Here's some info about the source...
http://www.japantoday.com/about
About
Japan Today, launched in September 2000, is a Tokyo-based online newspaper, featuring all the latest news on Japan and the world, including national, political, entertainment, business, technology and sports news.
Japan Today publishes original content, including interviews with celebrities and business executives, and translations of pop culture articles from popular Japanese magazines and newspapers.
As one of the first online news media featuring comment/forum functions, Japan Today’s aim is to provide news and discussion on domestic and international issues. Our goal is to build our resources and content to allow readers to further understand important events and issues in Japan and the world."
Seems like a pretty standard source of online news from Japan. Published in 2 languages.
- Adam1's blog
- Login to post comments
What does it mean?
Can anybody with supreme financial insight tell me what is going on then?
Meanwhile, I'm having flu symptoms. Fed some animals and mingled between a lot of people & kids yesterday. I hope it isn't the wrong kind of flu....it sucks that the symptoms are almost identical.
Do you know about Oscillococcinum?
It is a great natural remedy for the flu, especially if you start taking it as soon as you feel any symptoms. Along with that I would take a natural multi-vitamin, immune system supplement, like Source Natural's "Wellness Formula", good for any time you are ill or feeling run down.
As for the financial business, my guess is that some Japanese banks or organized crime wanted to get the bonds into Switzerland to change them from a U.S. dollar denominated asset to something that will hold its value when the dollar takes a dump very soon, probably a mixture of euros and roubles.
Things are about to get really interesting, brothers and sisters, make friends with your neighbors.
Hope you feel better soon, SnowCrash.
The truth shall set us free. Love is the only way forward.
Expected incident
That was my guess too, however my worry is that should this be the motivation for this incident, that it could also be due to an expected catastrophic incident in the United States that will rapidly devaluate and crash the dollar currency. What do the Japanese know that we don't?
Thanks for the tips and for wishing me well.