This is not a sequel to the celebrated novel by Sidney Sheldon with the same title.
This is a review of a real life drama now unfolding in Mindanao in the guise of
religious fanaticism and ethnic self-determination leading to terrorism. This is
actually a frenetic race to control intra alternative energy resources to provide power for industrial countries once the earth’s fossil fuel reserves are depleted.
With the use of superior tactics, political pressure, economic sanctions and cunning,
the industrialized countries have succeeded in enticing the less developed countries
to cater to their blandishment. Captioned – Trade Liberalization & Globalization –
(Objective Deuterium).
What is now happening in Mindanao is manifestation of the spontaneous, yet silent
conspiracy among countries with advance economics to cajole the less developed
countries to join them (ostentively) in a free trade competition. But like any global
competition, the pygmies will never win against the coercive giant competitors. This
is the reason why the world economic order still remains in the control of the world’s
super powers and this was proven in the Asian economic crisis suffered by the
developing countries from 1997 until now, while the economies of these super
powers enjoy unprecedented growth.
Just like in the said novel, an innocent girl becomes a bewildered, horror stricken
pawn, in a game of vengeance and betrayal that would be the destiny of the
Philippines, and probably of other poor countries a few years from now if they would
not wake-up to the stark realities of competing with giants for survival.
At this stage, the Philippines is like a naïve virgin flirting with wolves in sheep
clothing, unaware of the covetous eyes of her playmates, blissfully innocent that she
is the real pawn in the struggle for supreme global domination now, as history 2000
is in the making.
Speaking of history, the Filipinos have short memories; they never learned their
lesson. They easily forget and forgive their tormentors in the era of colonialism,
feudalism, invasion and oppression committed by foreign invaders and local tyrants
in their own government, and so history repeats itself, more so in the context of
recent events and the prevailing scenario undermining their sovereignty. Still, they
remain apathetic to the repetition of history in accordance with the script Objective
Deuterium.
They did not pay attention to a secret naval base constructed recently somewhere in
Saranggani Bay that is a few kilometers away from the deuterium reserves. Now
there is a top-secret construction going-on in one of the islands in Surigao del Norte
to tap these Deuterium Reserves in the Philippine trench.
In spite of all these clandestine activities inimical to the national interest, they were
easily seduced to approve the VFA without sufficient tangible return to the economy.
Furthermore, they would have lost a great portion of their sovereignty enshrined in
their Constitution through the reckless adoption of Globalization. Everything would
have been lost, were it not for the fierce opposition and vigilance of concerned
citizens against the proposed amendment of the Constitution.
The Philippine’s most serious fault is the apathy and neglect towards the
impoverished and underprivileged mass of citizenry, and in spite of the advent of
modern communication and information technology, it remained deaf to their
supplication to have equal opportunity and better place in a productive society. This
neglected sector of our society easily fell prey to the C.I.A. (Covert International
Agenda). The government insensitivity led these people to a mercenary life, catering
to their foreign masters to the extent of terrorizing their own countrymen.
Inevitably a clash for survival takes place and could not be avoided and solved until
the basic primordial need of man in his inhospitable environment is set in balance to
his needs and aspirations in life.
Not until eco-political and socio-cultural equilibrium is attained, Mindanao will remain
in midnight darkness. What is happening now cries for prompt solution so we can
live in peace and contentment.
The ultimate solution to the complex problem that we face now, not only in Mindanao
but also for the entire Philippines, is TECHNOLOGICAL DEVELOPMENT particularly of
DEUTERIUM TECHNOLOGY. This would be a new industry that when fully developed
would be a great potential source of sustainable revenues for investment in social
progress. It will also spawn other satellite industries that will lead the Philippines
into full industrialization.
Deuterium (liquid hydrogen) is an indigenous source of energy for power generation
found in vast reserves in the Philippine trench, offshore of the coast of Surigao
provinces. It is the alternative source of energy that would soon be the universal
fuel of the future to generate power for all human endeavors in: electric generation,
transportation, industries, trade and commerce, household needs, health and medical
services, space exploration and other scientific research activities eliminate pollution
and hasten the restoration of ecological balance in our environment.
The Philippines is the only country in the world blessed by nature with deuterium.
Vast reserves of this element were found, deposited in the Philippine trench in depths
7,000 to 10,050 meters from sea level. The reserves are replenished by nature
every 24 hours of the earth’s rotation and inexhaustible source of energy when the
fossil based fuels are depleted.
Meanwhile, latest scientific reports estimate that the fossil based fuels would be
depleted within 50 years. In fact all major carmakers and their respective
governments are now prepared to shift to deuterium (liquid hydrogen) fuel to power
their cars and trucks.
However, this program cannot be implemented fully due to the prohibitive cost of
man-made deuterium.
Now, is the opportune time for the Philippines to exploit its abundant natural
resources of deuterium, with the help of our own scientists, technologies, inventors,
innovators, technicians, engineers from all engineering discipline, and other highly
skilled and expert manpower.
When the technology to harness deuterium for fuel is fully developed and stable, the
benefits gained will free the Philippines from its debt burden, financial worries and
anxiety, as all concerns in the upliftment of the lives of the poor Filipinos would be
adequately provided. Insurgency shall fade away when our eco-systems are
restored. Our national defense modernized, while our standard of living and quality
of life are raised to unprecedented heights and also our trade, commerce and
industries are pursued vigorously, in a fair and competitive manner.
With the economic freedom that we shall enjoy and all the material gains and benefit
in the hands of the people, we shall finally regain our self-respect as a nation, and
earn the respect of other countries in the community of nations.With the foregoing reasons, our government must pursue vigorously until completion, the development of the Deuterium Technology as the vehicle to lead us towards self-reliance and progress. In this regard, we must mobilize untapped
capital assets from the grass-root sectors so that they would have meaningful
participation in an endeavor that they themselves would be the beneficial recipients
in the future.
We must rely on our own financial resources such as: the SSS, GSIS, Trade
Associations, Labor and Transport Organizations, OFW and other civic entities, to
participate in this great national undertaking in order to preserve and protect our
legacy of Deuterium.
It must be provided however, that the aforementioned organizations representing
their respective financial membership, should issue to each individual member of
their organization, Stock Certificates corresponding to their shares of stock, attesting
to their participation and beneficial interest.
This is a system of cooperative undertaking that is more democratic in diffusing the
vested interest of the Oligarchs, and enhances the re-distribution of wealth among
the masses. This proposition is not an Ideology, it is a Crusade. A plain simple
process to promote decency, respectability and better way of lie among the mass of
people with diverse needs and aspirations to attain equality among themselves, in
order to protect their valid common interests as a people and as a nation united in
CHRIST, living in peace and love together.
GOD BLESS THE PHILIPPINES.
THE INVENTOR
“Deuterium Recovery System”
Philippine Gold
May 7, 2010 at 11:18 pm · Filed under Uncategorized Tagged Ancient Mu, Knights Templars, Nazi gold, Philippine gold, The Order of the Golden Fleece, World War II, Yamashita gold
The Knights Templars were founded (according to history books) in 1096. According to a Templar from Salzburg, Austria, the Templar Order was founded in 938 at Larambique, at the foot hills of the massive Mt. Blanc.
The Templars were destroyed by the King of France and the Pope he had placed on the Vatican Throne in 1307.
About one hundred and thirty years later another organization was formed. The Order of the Golden Fleece. This is the organization that I believe dates back as far as Jason and the Argonauts. This is the secret society that I believe has labored behind the scenes to help humanity reach the pinnacle of achievement that our Creator built into our DNA.
From Ancient Greece to Europe, to the far east, then to the new world and on to the Philippines, this secret society has traveled the globe establishing secret satellite societies all around the planet. The name in each country is different. The members of each group have no idea they are connected to a larger, world wide group.
Why do these people remain in the shadows? Because if they didn’t they would have been tracked down and killed. Even though their groups are world wide, they have not been strong enough for centuries to take on the wealth and the power of their enemy.
The “Treasury” of this secret group is located in the Philippines. The Philippines are the mountains of the legendary continent of Mu. Mu was host to an advanced civilization that existed at the same time as Atlantis. When the earth changes began, the rulers of Mu built deep underground bunkers in their highest mountains. There they stored the riches of Mu and the technology of Mu.
A priesthood was established to guard the treasure and the secrets. When the Templars knew that they needed to stop their work and go into hiding, they put together a fleet of ships that carried their treasures to the Philippines. This occurred shortly before their order was wiped out.
The Templars knew what was coming and they planned their own exit. They planned it in such a way that they were able to secure all the documents they had found in King Solomon’s Temple. Some they stored in the salt mines in Austria, others they took with them to the Philippines.
The gold the Templars brought to the Philippines was added to the treasures that were already there. Many of the Templars stayed with the treasure and married the daughters of the Priests from Mu… now called tribal chiefs.
Over the centuries other treasures were brought to the Philippines. Some Spanish Templars who were part of the group sent to South America to raid the Aztec treasures, realized that these treasures needed to be saved. Instead of taking all of the Aztec gold back to Spain, much of it was sent to the Philippines.
The royal treasury of England, which was hidden at the start of WWII in Malaysia, was captured by the Japanese and ended up in one of the Philippine “treasuries”. The treasury of the Chinese royal family is also hidden in the Philippines as is much Japanese gold.
Many Templars have married into the tribal bloodlines that are descended from Mu. The men who oversee the gold are of this bloodline.
The Philippine gold will be used to back ALL currencies around the world. It is happening as I write this. Soon there will be many examples of two currencies, the Federal Reserve Notes and gold backed money.
The Philippine gold is protected by MORE than just people and weapons. It is protected by beings that are not of our world.
Another key figure in the secret societies that have worked to bring the people of the planet together for the highest good of all concerned, was Marco Polo. He traveled to the Orient in 1274. He stayed there for 17 years, returning to Venice in 1291. While he stayed in China he was the guest of Kublai Khan.
Kublai Khan was the fifth and last Khagan (1260–1294) of the Mongol Empire. In 1271, he founded the Yuan Dynasty, and became the first Yuan emperor. (I am predicting that one of the first gold backed currencies will be the Yuan. Also remember Benjamin Fulford and the Chinese Secret Society he spoke about.).
The Mongol Empire spread all across Eurasia from the China Sea all the way to Hungary. The Hungarian royal family, the Esterhaszys, trace their bloodline to the Khans and the Mongol invaders.
If it had not been for the Esterhaszys, the Habsburgs would never have existed. If it hadn’t been for the Habsburgs, King Phillip II of Spain would not have existed.
Greece, China, the Philippines and Austria all connect to a royal bloodline that appears to have been around for thousands of years… maybe tens of thousands of years.
“The Philippines were named after King Phillip II of Spain who was directly descended from the founder of the Order of the Golden Fleece.
The Philippines were named after Philip II of Spain. Phillip II was a direct descendent of Phillip the Good.
Phillip II was the son of Charles V, Holy Roman Emperor.
Charles V was the son of Philip I of Castile, (also called Philip the Handsome) and Joanna the Mad of Castile.
Philip I of Castile was the son of Mary of Burgundy
Mary of Burgandy, called Mary the Rich (13 February 1457 – 27 March 1482), was the only child of Charles the Bold, Duke of Burgundy, and his wife Isabella of Bourbon
Charles the Bold was the son of Philip the Good (founder of the Order of the Golden Fleece) and Isabel of Portugal. He was made a Knight of the Golden Fleece just twenty days after his birth.
In 1994, almost 50 years after the end of World War II, and almost 50 years after Austria signed a secret treaty with the Allies, the Austrian gold and the royal treasury were brought home from their hiding place in the Philippines.
At the same time, many of the exiled royal families of Austria, Italy, Romania and other countries, began returning to their homelands. Most of these people had not been home since 1945 or before.
Had the Austrians tried to bring their national treasury home before 1995 (when it actually entered Austria), the secret treaty they signed in 1955, which allowed Austria to become one country again, would have made them give HALF of their National Treasury to Israel.
Austria was not about to give their gold, which has been in Austrian hands for centuries, to Israel. They followed the treaty to the letter and when Israel demanded gold, Austria pointed them to gold accounts of Jews that were held in banks in Switzerland and Liechtenstein.
How did the Austrian treasury get to the Philippines?
The Austrian National Treasure was stolen by Hitler when Germany invaded Austria in 1938. Hitler stored it in his accounts in Swiss banks.
The gold was stolen by a man who was the head of the Knights Templars. The man was a naval hero from WWI. He was an Admiral in the German Navy and the head of their department of Military Intelligence, known as the Abwehr, Admiral Wilhelm Canaris. Canaris is best known for being the brains behind the assassination attempt of Adolf Hitler.
During WWII Admiral Canaris made a trip from Berlin to Spain every two weeks. These trips are written about in a book called The Canaris Conspiracy. What was omitted from the book was the stop in Switzerland to pick up tons of Austrian gold. The gold was taken to Spain where it was loaded onto German submarines and taken to Paraguay. In 1955 the gold was moved to the Philippines.
For Your Eyes Only
May 7, 2010 at 11:16 pm · Filed under Uncategorized Tagged Ferdinand Marcos, gold bullion, Marcos gold, Yamashita gold
The following is extracted from Eric A. San Juan’s book “Marcos Legacy Revisited,” courtesy of “Dirk.” The preamble and after word is by, author San Juan and the letter itself does exist and was circulated in the “market” soon after it was written.
Since the search for the so-called Marcos fortune began, the nation has been treated to all sorts of reports about cash being stashed in the banks of Switzerland, and gold bullion at Fort Knox, the Bank of England and many places in the Philippines. The diggings at Fort Santiago sanctioned by no less than President Aquino’s national security adviser showed how much the government put its faith in the story of the hidden gold treasure.
The diggings have stopped but unknown to the public, a small group of men continues to operate at People’s Television 4 station under the tutelage of Conrado Limcaoco Jr, for no higher purpose than to pursue leads about the Yamashita treasure with the assistance of Noel Soriano, the National Security Adviser of Cory Aquino.
In the last failed coup, military rebels claimed to have carted away from PTV-4 documents pertaining to this gold search. On the basis of these papers, the Rebolusyonaryong Alyansang Makabayan-Soldiers Of the Filipino People-Young Officers Union claimed that the Limcaoco group had recovered some gold and had gathered facts that lead them to believe the Yamashita treasure exists, but they appeared determined to hide this from the Filipino people.
Limcaoco denies the charges. But he does not deny the existence of his work and what he has been doing. He says that the group’s task is to evaluate every bit of inforwhation that comes along, without prejudging it.
Most of what comes along is mind-boggling, but Limcaoco says he is not prepared to reject anything.
Based on the group’s work, an October 10, 1989, Limcaoco’s staff prepared the draft of a report to President Aquino, which proposes to tell all. Limcaoco says he never signed the letter, and that it was not sent at all. But even without the final signature and without it having been sent, the letter reads better than a story, whether factual or fictional.
The following is Limcaoco’s letter to Mrs. Aquno:
FOR YOUR EYES ONLY
10 October 1989
CORAZON C. AQUINO
President of the Philippines
Malacanang, Manila
Dear Mrs. President,
I have never waivered in my commitment to serve you and our people over the past few years. Even in our bleakest moments, I was confident we would triumph — and thus far, we have.
In the course of tracking down the right-wing military adventurists a task which is continuing, we have unearthed a story — parts of which you may have heard before — but which we feel deserves a serious second glance at this particular historical conjuncture. I ask you to please read through this report personally and not show or pass it on to other officials of this govemment until we have had the chance to meet, should you feel such a meeting is necessary after going through this. Please suspend your judgment and disbelief and know that this report was written after much in-depth intelligence work and soul-searching on my part.
I. Background/Premises
Our work thus far supports the contention that the Yamashita treasure does exist and appears to be the basis for the Marcos’ hidden wealth. What has been recovered and sequestered to date is not even the tip of the proverbial iceberg.
Over 90% of the worlds legal and illegal gold production were in Asia at the outbreak of World War II. Why? History will tell us why. From the galleon trade where spices and silk were traded for gold and other precious metals to the days before World War II when the Europeans, fearing a war in the West, moved their gold to their Asian colonies and former colonies for safekeeping. Thus, England moved their gold to Malaysia, Singapore, Hong Kong and Australia -France to Vietnam, and so forth. The rest you know. The Japanese brought the gold here and had to leave it here as they retreated in defeat
From 1967 to 1973, Cipirino Garcia Sta. Romana found some of this gold and began shipping it out of the country mostly to the PROC. In 1973/4, Sta. Romana signed a power of attorney over the gold to Marcos. More of the treasure was found with the help of treasuro maps, foreign treasure hunters and the AFP (many of the retired generals now in Hawaii) in subsequent years. It was either (1) shipped out as is, (2) laundered via the Central Bank reminting facilities and through other means and then shipped out, or (3) reburied under the custodianship of trusted subalterns or heirs. Further, there reportedly is still 35-37% of the treasure still to be discovered — which the likes of Noel Soriano and company have set their eyes on.
II. The Global Implications
There is a forty (40) year period within which another country may claim treasure/property taken from it with another country. This period lapsed in November 1985.
An interesting question is — who owns the gold? Or better still — who wants the gold? Technically, now the people of the Philippines can lay some claim to the gold, assuming Marcos was not an innocent “finder” or “treasure hunter” entitled to a share, but instead used his position and influence to find it, ship it out, and even sell some of it. To answer the question –
The countries of Europe want the gold! They believe much of it was theirs to begin with. They want or need it so much they are even willing to buy some of it back. A 1983/84 sale we are reconstructing indicates that the 11 monarchs of Europe syndicated a deal involving over 120 banks with the Bank of England as the lead bank to buy back some of the gold. This transaction is known by the code JOB/HK/25 which I will detail later.
The 12 Asian countries conquered and plundered by Japan in World War II want the gold! They believe they have a stake in this as it was from their countries that the Japanese took it from. Marcos struck deals with many of these Asian countries. He shipped back some of the gold to them in return for a share in the booty. For example, the gold shipped back to Singapore, Malaysia, Indonesia, and India are reportedly split now at 70% of the particular country and 30% for Marcos. Japan allegedly has been promised 50% of Marcos 30% in these Asian settlements. Mrs. Yamashita has alleged shares in some of the gold stock in Asia. I will also detail this later in this report.
The United States of America wants some of the gold! The US had virtually no gold of its own to begin with. They need it to back their currency and to stave off economic difficulties. Marcos shipped large stocks of gold to the USA. Marcos allegedly committed to sell 300,000 metric tons of the gold to the US. Obviously, the Asian countries and the Europeans would look with displeasure at this — if they knew about it or could prove it We have evidence that at least 2 major sales were negotiated with CIA and US Treasury front organizations in 1983/4 and 1984/5. One of these transactions in 1984/5 codenamed YAB42 was apparently aborted because of a difference in payment terms. The US offered 20% in cash and 80% in US government securities.
Marcos wanted 80% in cash and 20% in securities. The amount involved is staggering. A taped conversation with one of the buyer negotiators indicate that senior executive officials of the US Government during the period had to get Congressional approval to increase the US foreign debt to accommodate this deal. As late as mid-1986, US officials were trying to convince Marcos to conclude the deal in Hawaii. In 1987, feelers from their front organizations — e.g., Navegacion Global’s Mr. Bullock were sent to this government (A letter from Mr. Bullock was received by Malacanang Records Office last October 8, 1987 and is enclosed as Annex A). I believe some of our people may have even sat with Mr Bullock. I do not think they knew what Bullock vas really up to — or understood or believed him if he told them. We allegedly have gold sitting in US depositories — which the US government wants badly. They reportedly cannot release their new “rainbow dollar” (multicolored dollar bills) that are already printed without this gold to back it up.
III. The Marcos Scheme of Things
Marcos compartmentalized this whole operation so that very few could piece it all together. We have managed to assemble quite a number of Marcos’ real operating people — those that shipped the gold out, found the buyers, negotiated the transactions We are slowy piecing the puzzle together.
For each Marcos account, whether in cash or in bullion, these are assigned trustees and signatories — some of whom do not even know each other. There are secret bank/depository arrangements such as access code and security countersigns.
Before his death, Marcos organized what is called THE UMBRELLA, a network of 54 people whose task is to manage these assets in the event of his death. In theory, the umbrella, not Mrs. Marcos or his children would execute his will. At least two members of the umbrella’s inner core of about one dozen are already working with us. The umbrella has never been tested in action before. Marcos has never died before. Those who now work with me tell me that the chairman of the umbrella is a very decent man who can be talked to on behalf of our nation. Apparently, there is no sharp cleavage between this group (family, heirs, followers, etc.) and Imelda’s. Most of what we know is FM’s not Imelda’s. It is doubtful that even she would know all of FM’s holdings. The destabilization efforts will most probably come from Imelda’s camp not surprisingly. Marcos is reported to have revised his will a few months before he died, asking former Solicitor General Estelito Mendoza to Hawaii for this purpose. Imelda was reportedly vehemently against the revision. We are trying, through the umbrella, to get a copy of this will.
Exactly how much gold is involved? The estimates vary, and understandably so because of the complex shipping procedures and the compartmentalized nature of the operation.
I have seen documents saying that the gold under the control of the umbrella (there are smaller stocks not reported to or controlled by the umbrella) is in the neighborhood of 1.33 million metric tons (MT). Whether one believes this figure or a lessor figure is not material given the magnitude of the entire scenario. One metric ton of gold is worth
about $11 million. The Phippines’ annual gold production is estimated at between 40-60 metric tons The world’s “legal” annual gold production, which is regulated by the London gold cartel so as not to upset gold pricesas well as the value of currencies of the world, is estimated at between 1,200 to 1,400 metric tons.
So, where is the gold? How much of it have we traced thus far?
IV. Where Is It?
Our sources have pinpointed the locations, volume, and details of many of the Marcos and Imelda gold accounts around the world.
We have left out the volume figures for countries other than the United States which are relevant for understanding points raised in other sections of the report We do have the detailed breakdown of these other accounts in the other countries but thought it best to omit these for now. The volume/amounts involved are staggering and may be subject to misinterpretation There is admittedly a possibility in some instances of double-counting an entry because of the process of shipping and laundering the gold from one country to another. We can present the figures per country and per bank should you wish to see them.
Whatever volume figures are ultimately believed or proven, the magnitude remains astounding. The gold was shipped out in a span of more than a decade from the late sixties to the mid-eighties. In the later frenzied stages from 1983-85, all forms of transport were used from commercial and chartered ocean vessels and aircraft to the military aircraft of the Philippines.
A. Asia
1. PROC — in various depositories in Southern China & Switzerland; joint IRM/FM stock
– an amount allegedly given to Mao Tse Tung by IRM, 1973, now with Madam Mao
2. Singapore — in three banks in Singapore; banks and signatories identified
– an amount reportedly given to Lee Kuan Yew by IRM in 1975, now in Tatlee Bank, Singapore
3. Malaysia — in Bank Negara (Central bank), shipped 1973
4. Indonesia — in at least 4 banks in Jakarta, 9,600 MT sold in 1987 for FM to Union Bank of Switzerland
5. India — in various depositories; one 94 year-old trustee identified
6. Hong Kong — in 10 Hong Kong banks; banks, signatories, account numbers, etc. identified
7. Marianas — in private storage, IRM’s stock; trustee identified
8. Palau — in private storage, IRM’s stock, trustee identified
9. Philippines — 4,600 pieces, 75 kgs. in 18 identified banks in Metro Manila
– more in private storage, some identified
– more still to be dug up estimated at 400,000 MT
NOTES: Nos. 2, 3, 4, 5 & 6 which are FM stocks are probably covered by the 70-30 deal with each country. No. 1 still has to be studied further, as both IRM and Madame Mao are no longer in their respective nation’s political structures. Nos. 7 & 8 are also IRM stocks and are not probably covered by the 70-30 deal. Japan and Mrs. Yamashita have their stakes here as mentioned. Mrs. Yamashita is co-owner of some Hongkong stock (already identified). Japan may expect 50% of FM’s 30% in these Asian settlements.
A. US and Environs
1. 38,000 MT — various identified depository banks in New York
2. 72,000 MT — Fort Knox, account no. identified
3. 18,300 MT — in a New York bank; signatories, account codes identified
4. 62,000 MT — various identified depository banks; Canada, Nevada, California, and Panama
NOTES: These were shipped out covering a period of more than 10 years from 1973-1983, The MAFIA and the CIA helped ship it, including some monitored shipments through Clark Air Base. Nos. 1 & 2 formed the stock for the YAB42 transaction to be detailed later Nos. 3 & 4 were also being sold in 1983-1985. It is doubtful any of these transactions were actually consumated.
5. Bahamas — Banco Bahamas; trustee identified
6. Panama — Bank of Panama; possible 1983 sales through Navegacion Global’s Bullock
B. Europe
1. England — in 4 identified London depository banks; IRM’s stock
– shipped 1978-85, flown to and reminted in Switzerland, then on to London in GLD bars
2. Switzerland — in various depository banks, some banks and signatories identified
3. FRG — in various depositories in Luxembourg and Bonn
– Fabian Ver and Edna Camcam’s account, some lent to back up FRG’s currency
C. Africa — FM owns 40% of 4 leading gold mining and processing firms
V. Some Transactions Worth Looking At
We must differentiate between the movement of the stock, its ultimate destination, and its final disposition in the event it was sold. The movement often required numerous transit points and sometimes “laundering” services like those provided by Johnson Matthey reminting refineries in England and Switzerland or by the Golden Eagle reminting plant in Hong Kong and even possibly by our awn Central Bank refinery in Quezon City. The original form of the treasure was varied and often indicated their countries of origin — e.g. 75 kg., 91.33 kg. bars with various ‘hallmarks” like “Suhatra-Loyd,” a dragon, AAA, etc. Internationally, the 12.5 4 GLD or Good London Delivery bar is the recognized unit of gold that is numbered and registered in the London Commodity Computer by batches with indicated owners. These GLDs in batches are covered by Gold Bullion Certificates (GBCs) that are also registered in the London computer If GLDs are bought and sold, it is often not necessary to effect a, physical transfer of the stock but merely to credit and debit or swap equivalent currency or other GLDs or GBCs.
In 1983, FM gave the signal to start selling his gold in grand fashion. This was perhaps triggered by the unrest and re-awakening after 21 August. Literally hundreds of gold buyers, traders, brokers, and middlemen converged in Manila in the years 1983-85, FM issued “mandates” to select people to sell this gold for him (A sample of a “mandate” granted to a certain Konsehala Candelaria V. Santiago is enclosed as Annex B). Others managed to secure “sub-mandates” from the original mandate holders. Still others produced “fake mandates” that they used to con some buyers with to give them hefty advances. We have some of the real mandate holders working with us.
In passing, today there are over 160 gold buyers and brokers now in Manila reminiscent of the 1983-85 years anticipating gold sales by FM heirs or this governments representatives. I understand a few “looseleaf” pieces of 75 kg. bars have already been sold.
Three schemes to sell the gold were conceived in this period. First, the CB Treasury bills method where gold buyers agreed to purchase CB Treasury bills equivalent to the amount of gold they were buying. Then they would redeem these CB T-bills for gold upon maturity of these notes. Second, the loan method where buyers guarantee to lend the GRP money equivalent to the gold they were buying. Using this second method, it could well be that many of our debts are not really debts but are already paid for in gold. How else can one explain the seemingly easy credit FM enjoyed with the ADB, the WB, and the IMF and their prime banks? And this could explain the cavalier spending of these loan proceeds for personal ends. Our sources say that the very top echelon of the WB and the IMF know of this. Why are they now putting on the screws for our loans? Possibly because we have not concluded YAB42. Third, the direct sale, method where after a while the sheer magnitude of the gold being sold could no longer be sanitized by either of the two methods described earlier outright sales agreements gold were negotiated.
We have a good deal of documentary evidence to prove that gold transactions were indeed negotiated by front organizations as well as legitimate banks in those years.
To highlight a few…
1. The YAB42 transaction. This was negotiated in late 1984, early 1985. As reported, this was initiated by the US government through the US Treasury and the CIA. Front organizations; and personalities were used to make the deal ostensibly a non-governmental transaction. Dr. Ole Bay (YAB is BAY backwards) was the main trustee of the buyers’ group (A Trust Exchange Agreement and a Funding Trust Pay Order between seller and buyer in transaction code YAB42 are enclosed as Annex C). Navegacion Global SA, Dupont, and other CIA conduits were used.
Forty-two (42) other major trusts were tapped to help fund this purchase. Senior US officials even called FM to confirm the veracity of the mandate holder negotiating for “the seller.” Close to 100 prime banks pledged their participation in helping fund the purchase. The US offered 20% cash or $200 billion through these trusts and banks and 80% in US government securities. Using the $200 billion cash as 20% of the transaction, this transaction would then involve 110,000 MT or over $1 trillion. The stock for this transaction appears to be the 38,000 MT in New York and the 72,000 MT in Ft. Knox which total exactly 110,000 MT. In June 1986, US government representatives reportedly asked FM to conclude YAB42 and turn over the 72,000 MT in Ft. Knox He declined. Earlier, FM signed over the 38,000 MT in New York which the US government found insufficient. In 1987, Navegacion Global’s Bruce Bullock tried to make contact with this government, possibly to conclude this transaction.
2. In 1983-84, we have evidence of another transaction involving a minimum 62,000 MT up to a maximum of 81,000 MT negotiated with Frank Higdon, another reported CIA intermediary (Investment loans offered to the Philippine Government which is repayable with 62,321 MT of gold bars is enclosed as Annex D). The stock for this appears to be the 62,000 MT in 4 locations in mainland America plus the 18,300 MT in Citibank, New York. It is doubtful this transaction was consumwhated as these stocks have reportedly been recently verified to still be in place.
3. The JOB/HK/25 transaction. In 1983-84, 29,327 MT was reportedly sold to the 11 monarchs of Europe with over 120 prime banks participating with the Bank of England as the lead buyer’s bank. The proceeds are allegedly sitting in ledger credits to the seller in the seller’s banks and even in some buyer banks. The PNB Singapore and New York branches were actively involved in this transaction and the key officers of these banks then can reportedly identify where these seller credits are located. In commissions alone, there is a reported P200 B/$10 B commission for the transaction’s brokers credited to the PNB through the CB sent from the Chemical Bank of New York. There is an additional $63 million in commissions for this transaction at the AMEX Bank in Hong Kong. The brokers who are claiming these commissions are with us providing us inforwhation on this deal and are willing to negotiate with this government
4. The Central Bank of the Philippines may not be able to balance their books as far as gold is concerned. A July report by a senior Central Bank official to the PCGG prompted by preliminary inforwhation on this project we passed on to the PCGG does not reconcile with other CB data we have on gold transactions for the 1984-85 period alone.
Further, our sources say that there is at least 5,000 MT of gold in the CB vaults in Manila and Quezon City. A recent Chronicle article indicates that COA may be getting some wind of this (The newspapers reports that Central Bank has violated audit standards such as under-recording of its actual gold acquisitions and the same is enclosed as Annex E). We have the GBC number of this gold in the CB vaults. Our sources say that senior CB officials may have begun to cover their tracks by moving the gold out or logging it under someone else’s account number. Very simple, let us conduct a surprise physical count of the gold in both CB vaults. If this is true, without working on the rest of what we have uncovered, then this government will be richer by, $55 billion.
The original GBC was for seven sub-lots of 1,000 MT each. Sub lots 2 and 4 have already been disposed of leaving a balance 5,000 MT. Remember, our total annual gold production is only 60 MT and our declared gold reserves are possibly only in hundreds of metric tons.
5. We have evidence to support October 1983 transaction of 1,000 MT of FM gold deposited at a PCIB branch under FM trustee Alice Lazo (deceased). The buyer was Mr. Van Dreck of a organization called MERCANTUS (A PC Bank offer to sell gold to Mercantus International Establishment and an irrevocable Purchase Order by the latter are enclosed as Annex F). What business does a local bank have keeping and selling 1,000 MT of gold? Apparently, this transaction was consumated.
These are but some of the transactions we have been able to piece together We do have some documentary evidence, but our main sources are testimonies from the people who were actually involved in these transactions who are now cooperating with us.
VI. Evaluation and Assessment
We have substantial documentation that by their sheer volume indicate these gold transactions did take place.
More important, we now have in our protective custody, key actors that actually helped FM on an operational level. Their testimonies have helped us piece this extremely complex puzzle together. More importantly, they are Wiling to assist in the recovery effort of the government. They are key actors — trustees, part-owners, signatories, umbrella members who could be vital in “unlocking” these accounts.
Why are they helping us? Partly out of a sense of patriotism. They are not rich — many of their relatives are impoverished. They believe that it would be criminal to allow the nation to suffer in economic deprivation when something can be done relatively quickly to correct it. Quite frankly, they also hope for a just reward to be granted by this government for their assistance together with the necessary immunities from suit and documents to allow them to spend their reward or commission. This is one of the aspects needing your approval — the amounts or percentages should be negotiated on a case to case basis depending on the assistance given and the amount to be recovered.
They have put their trust in me for the moment. Loyal FM and IRM henchmen would definitely not look kindly on their efforts to assist us.
We would have proceeded to develop this project further except that certain factors compelled me to bring this matter to your attention now.
First, FM died — unleashing a host of now unpredictable events that may make purposive action on our end moot and academic. What was in his will? Will the umbrella or can the umbrella execute his will? What will IRM and his other relatives do? What will the host of account trustees and signatories do? What will the banks and depositories do? We are trying to ascertain the answers to some of these questions.
Second, the project has grown to a scope now requiring your knowledge, and to use an FM term, your “mandate” to proceed in directions you agree with. I am not funded for an operation of this scope. To develop this project to this point has cost nearly P300,000 of borrowed money. We now have our “assets” in various safehouses and lodging areas. Soon, one of our “assets’ will go abroad to contact the umbrella’s chairman to check the contents of FM’s will and his willingness to help our government and our people. I am totally loyal to our people’s interest through you and word may get to you from other sources that I am in touch with “loyalists.” I need you to know what it is I am doing.
Third, you are scheduled to take your second state visit to the US next month. Some of our information may have impact on that visit. At the very least, you are appraised of what we have gathered to fathom any subtle messages that the US officials may send to you. At most, we may be able to put together enough conclusive data to allow you to bring the matter up to President Bush, if not in November at some other opportune moment.
What do we have as far as the recovery of FM’s ill-gotten wealth? A few hundred million dollars from deals with overt FM cronies the sale of some identified FM assets (buildings, paintings, and other properties) and court cases here, in Switzerland, and in the United States.
Lately, there are those who propose a “master settlement” approach, meaning one negotiation with possibly IRM or the representatives FM. This “master settlement” may involve the return of FM’s remains and/or some of his exiled relatives and henchmen. I agree with these conditions should be rejected at the moment for national security reasons. Also, one negotiation will not work because those that propose it are at best making “educated guesses” about the amount of the ill-gotten wealth that is the basis for negotiation. The PCGG has even recently proposed, holding public discussion groups to try to get more inforwhation on the whereabouts of the wealth and amounts involved.
Lastly, it is doubtful that IRM or any one of the FM heirs would know all or even most of his wealth much less make a full disclosure of what little they may know during these negotiations. A “master settlement” on the wealth by those that propose it presently may not result in a fair deal for our government
On the other hand, negotiated settlements on a case to case basis based on more precise intelligence inforwhation and with the cooperation of the principals involved (the trustees, banks/depositors) in a given case or account may lead to faster and fairer results for our government The ex-FM operatives we are talking to are not politically motivated and place no political pre-conditions (e.g. the return of FM’s remains or relatives) on assisting us.
Even if a fraction of what we have uncovered is true, moving on it correctly and recovering some of it for our people could alter the course of our history.
VII. Proposed Courses of Action and Vital Considerations
1. Agree to a detailed presentation only to you or what we have uncovered to date.
2. Allow us to continue the project to pinpoint concrete action proposals for your approval.
In this regard, a reporting/feed back mechanism directly to you must be set up. Some funding support is also needed even at this preparatory stage.
3. The concrete action proposals will probably take the form of proposed negotiated settlements with the parties involved aimed at recovering FM’s share for our government and our people. Each negotiated settlement will be different in nature. Some may even be on a country to country basis, requiring your direct intervention ( e.g. the US and some of the Asian countries). Most will be between specific banks, trustees, and signatories and our government. I will detail some possible negotiated settlement formulas when we get to meet
4. There are some action proposals that can be done here immediately like the Central Bank gold and the PNB/CB sale proceeds and commissions outlined earlier. Due to the sensitive nature of these actions and the possible involvement of senior officials of this and the previous government, I propose we discuss this in private.
5. On the local front, some of the trustees/owners/caretakers of the gold already discovered but stored here in our country have come to me to explore the possibilities of negotiated settlements. Initially, some 3,000 MT of gold has been offered. I have been told, if this succeeds, there is much more. I have asked that they bring me proof positive — gold bars to show you and a visit by me to the site of the gold stockpile — before I bring this whatter up to you for your consideration.
6. In all negotiated settlements, we must exact a commitment and activate a monitoring mechanism to ensure that the monies released to parties other than our government are not used to destabilize our government
7. Trust is a vital dimension to this undertaking! Our newfound “partners” — the FM trustees, signatories, and caretakers have placed their trust in this government through me and you — whom they believe I report to directly. Some of them have had “sad experiences” with others in our government, the details of which I would rather discuss privately. I ask in turn for your continued trust and guidance without which we cannot proceed with this task nor hope to succeed. Greater men than I have risked their names and reputations on parts of this puzzle — some have failed, others have had dubious interests at heart. I find myself in a situation where I must try to see this through its conclusions — because success means a better life for all of us.
CONRADO A. LIMCAOCO, JR.
NOTE- The small stocks being referred to here by Mr. Limcaoco are actually the so-called unrecorded accounts of Imelda and FM’s children. I was earlier told by one trustee that some of these smaller stocks were a part of Mrs-Marcos’ compromise deal with the US. Government, in exchange for her acquittal in the New York court.
The photocopy of Mr. Limcaoco’s letter to Pres. Cory Aquino was given to me by a RAM officer who is now living, in the U.S.A. and had a role to play among Col. Red Kapunan’s group who took over Channel 4 at the height of the 1989 RAM-SFP-YOU coup d’etat. Some concerned citizens at hotel coffee shops have circulated other similar photocopies.
Even the defunct Newsday dated February 27, 1990 printed the same.
Limcaoco’s Gold Recovery Program had successfully controlled the part of the Marcos gold specifically that taken from the Napindan Channel. This was the very reason why the Yellow Army particularly saw to it that Channel 4 should be the first target area to recover. The barricades erected surrounding the TV station’s perimeter were dismantled only after “the loot” had been successfully brought out and transferred to “safer” ground. Thus, the persuasion flight of the U. S. Phantom Jet.
At this point, I would like to reiterate the misconception that the Marcos gold was the Yamashita treasure. The mere mention of Sta. Romana’s name and other long existing gold accounts as having never been moved until the time Marcos gained control over them, including those at Fort Knox, strongly confirms that the Marcos gold had been successfully amassed from different sources.
The Trilateral Overthrow of Marcos for Gold
May 7, 2010 at 11:13 pm · Filed under Uncategorized Tagged Cardinal Sin, Cory Aquino, EDSA Revolution, Fredinand Marcos, Marcos gold, People Power
The following Q & A are extracted from “The Marcos Legacy Revisted - Raiders of the Lost Gold, by Erick A. San Juan, published in 1998 in Makati City, Philippines.
This Q & A is with Erick A. San Juan a prominent civic leader, political activist (anti-Communist advocate), author, journalist & weekly contributor to newspapers & Philippine radio.
Q. From your direct knowledge, what events or conversations with certain personalities indicated foreign complicity in the EDSA Revolution and its connection to the Marcos gold? Who were the gainers and why?
A. During the latter stages of the Marcos regime, I came to be friends with James Brandon Foley* [Note: I am constrained to break my pledge to preserve the anonymity of my sources because without any attribution to an authoritative source, this revelation will be nothing but hearsay. My apologies. I sincerely hope he will understand, given the situation I am in and the position I have taken.] a political officer (another term for CIA agents at that time) of the U.S. Embassy. We used to go out and date several women, sometimes to discos, and the like. Our favorite hang-out was the Hyatt Regency. In between socials, Jim and I would engage in frequent brain-storming at his private apartment at the Seafront. On one particular night, he disclosed to me that there was a secret operation plan to oust Marcos, and that men like Jose Concepcion of RFM and the Ayalas were being used as conduits to access the smooth flow of funds to finally bring an end to the Marcos authoritarian government.
Jim likewise mentioned the involvement of Cardinal Jaime Sin, whose role was to draw a large crowd of supporters and sympathizers in the event that a blocking force was needed. Sin is an expert in the Antonio Gramsci-type of Marxism. This was confirmed by Dr. John Coleman in his expose ‘The Violation of the Christian Church,’ where he stated that Sin’s Radio Veritas ’speaks out Communist propaganda in 13 languages all throughout Asia,’ using Liberation Theology to destroy the moral fiber of the large number of Catholics. Sin believes in the Marxist principle that ‘Religion is the opium of the masses.’ He exploited this tactic to the hilt and succeeded in what is now called ‘people power’ mass action. As acknowledged by Coleman, ‘Cardinal Sin of the Philippines worked diligently to overthrow the government of President Marcos. He was ably assisted by a former executive of the World Council of Churches, Jovito Salonga. Salonga was brought back to the Philippines under escort of the U.S. State Department.’ (CDC Report, October 1988)
In Coleman’s estimation, Salonga was to take Mrs. Aquino and this Protestant ‘will cut a deal with the Marxist New People’s Army (NPA).’ Although this did not materialize because of Salonga’s poor health, Coleman was still partly correct. Another fellow Protestant filled in his shoes (Fidel V. Ramos) and has quite successfully negotiated peace with the Communists!
Q. What events preceding Marcos’ announcement of the snap election proved that he was under American pressure? Why do you think he acceded to the ‘request?’
A. Everything really hinged on the Marcos gold bars. The Trilateral Commission, through its chairman David Rockefeller, and member George Schultz, were convinced that they had been conned by President Marcos. This being so, the Trilateralists did everything to pressure him, to destabilize his one-man rule, cut his source of funding, and even blackmail him (the Dovie Beams affair). A part of the globalists’ notorious activities were documented by David Smith of the U.S. based Newswatch magazine, in August 1987: ‘Representatives from Indonesia and the Philippines went to Jonathan May (ex-World Bank head) and stated that agents from the Chase Manhattan Bank and other banks said they would ‘forgive’ the loans and interests if the following were met:
(1) Eliminate their National Currency;
(2) Dollar-denominate their new money system;
(3) Use a debit card system instead of a currency system;
(4) Give the bankers perpetual rights over all natural resources.
Ferdinand Marcos of the Philippines refused to accept and was deposed very shortly thereafter.’
Marcos eventually gave in to the globalists’ proposal for a snap election, using veteran ‘ambush interview’ expert Ted Koppel of CBS. Clever as he was, Marcos did not reveal to the Americans that prior to his interview with Koppel, he had already conducted a secret survey of the electorate. Despite the adverse media hype launched against him, Marcos was confident of a re-election.
However, Jim Foley (who was later transferred to Algiers), disclosed that the real agenda was not the snap election; rather, it was to persuade Marcos to sign a document attesting to the fact that his gold bars and other precious metals deposited at Fort Knox and other depositories of the world would be under the guardianship of the Trilateral Commission, and a certain percentage would be given to the Philippine Government in the form of an investment loan from the World Bank.
The document was subsequently hand-carried by. U.S. Ambassador-at-Large Phillip Habib, which Marcos refused to sign. The Filipino head of state felt that the war loot (which was remolded into gold bars bearing the Central Bank seal) must be given to the Filipino people.
Q. How was the American’s influence exerted during the snap election? Was there American involvement in the walkout of the computer workers?
A. First, there was the barrage of disinformation launched by Newsweek, Time and other publications regarding the illicit love affairs of both Marcos and the First Lady (e.g., George Hamilton), the incurable ailment of the President, and the public confidence in Namfrel and distrust in the Comelec. Then came the walk-out of the computer workers at the PICC. These were all part of the U.S. scenario during the snap election.
Most of the computer workers were promised visas and immigrant status to the U.S. Some of them, I understand, took advantage of this rare opportunity.
Q. Did any of your contacts know about the outbreak of the mutiny at EDSA?
A. Both Jim Foley and Norbert Garrett, CIA Station Chief, U.S Embassy, predicted a bloody confrontation in the event that Marcos stubbornly decided to stay in Malacanang. The Presidents only saving grace was the signing of the document brought by Habib.
Q. Who were pressuring Marcos to give in and leave? Is there any, credible evidence that this happened?
A. The pressures came from both U.S. and Philippine sources. On the American side, there was Philip Habib. He was joined by U.S. Ambassador to the Philippines, Stephen Bosworth, Richard Armitage, Michael Armacost, Rep. Stephen Solarz, Norbert Garrett (CIA Station Chief in Manila), and Joseph Mussomelli (Anti-Fraud Section, U.S. Embassy). Senator Paul Laxalt as you probably know, was the guy who spoke to Marcos on the phone and told him to ‘cut and cut cleanly.’ Lines to Washington were kept busy by calls coming in from Lawrence Eagleburger and Henry Kissinger. Later on, I was told that operating funds came in from Maurice ‘Hank’ Greenberg, through dollar grants from the C.V. Starr Foundation of New York. Greenberg is a powerful member of the B’nai B’rith. Others like Higdon, Brzezinski and Generals Pike and Allen of JUSMAG also formed part of the American initiative to oust Marcos.
On the Philippine side were assets like Joe Concepcion, Jobo Fernandez, Cesar Zalamea, Jaime Ongpin, and Alex Melchor. Journalists, likewise, were used for their media hype.
Q. Could you elaborate more on Habib’s role in the events that followed?
A. As I have earlier stated, Habib was sent by the Trilateralists to the Philippines to pressure Marcos into signing the document prepared in the U.S. It contained provisions of equal sharing of the gold bars among different countries (through their banker’s in the Commission), transshipped by Marcos to Fort Knox and other depositories under a top secret operation plan coded ‘Tuna Highway.’ Initially, Marcos was supported by the Commission to implement martial law in l972, and was even provided with a martial plan. Along with it came a minting plant, installed at the Central Bank premises by Thomas de la Rue Ltd. of London, and a smelting plant with which to convert the war booty into new gold bars. The plan was executed by trusted generals of Marcos who diverted some portions of the shipment to other destinations aside from Fort Knox. This was covered by a prescription period (November 1945 to November 1985) in accordance with international law. After this 40-year period, it was to be declared ‘finders keepers.’ Some countries who felt conned by these agreements pursued their claim at the International Court of Justice, to mature in 2005.
Had Marcos chosen to sign the document, he would have remained President for life. In the process, he would have received the distinction of being ‘the best President we ever had.’ In addition, the Philippines’ share could have paid our external debt of, at that time, $24 Billion, plus a comprehensive Marshall Plan for industrialization. (To date, our external debt has zoomed up to $47 Billion, according to the latest BSFI figures.) Instead, he chose the hard way, and very badly miscalculated. He wanted to regroup his forces in the North, but was flown to Hawaii instead.
Q. Were there contacts between the Military camps and the embassy and/or Washington during the four days at EDSA?
A. Definitely. It has always been standard operating procedure for our military officials to ‘keep the line open’ between them and the defense attaches of the U.S. Embassy. Most of out top ranking officers have been nurtured in U.S. military schools. Some were even granted immigrant status in the U.S. while serving the Armed Forces of the Philippines (AFP). Their families were granted entry to the exclusive clubs of the American government such as JUSMAG, Seafront, Clark Air Base, Subic Base, Camp John Hay, etc. There they could avail of clubhouse facilities, golf courses and other amenities.
After EDSA, most of the renegade Marcos generals migrated to the U.S. These are the ones who never resisted the Aquino-Ramos-Enrile-Sin forces.
Q. Why didn’t Marcos move during the first hours of the mutiny when there were very few people around the camps?
A. Marcos was sternly warned not to harm the people at EDSA, Otherwise, Malacanang would be targeted by the U.S. military sources. Thus, Marcos took the backseat and relied on the group of then Col. Rolando Abadilla to finish the job for him. You see, Abadilla’s elite force from the MISG (Military Intelligence and Security Group), together with a SWAT team, successfully penetrated Camp Crame, disguised as Ramos supporters. As soon as Marcos was confronted about this by his Chief-of-Staff, General Fabian Ver, the president simply advised the latter to relax, as Abadilla was in the process of arresting Defense Secretary Juan Ponce Enrile and his cousin, Fidel Ramos, whom the president underestimated as a gutless individual. Marcos never imagined that Abadilla would have a change of heart. Abadilla was the prime suspect as the chief operator of Ninoy’s death at the tarmac.
Q. How do you connect Cardinal Sin with the American plan?
A. Cory Aquino was instructed by Cardinal Sin to seek refuge in a Cebu convent. As the fireworks were about to start, Cory was to install her revolutionary government in Davao with the assistance of the RAM forces and her NFIA sympathizers. This alternate plan vas likewise designed by the CIA, with Col. Voltaire Gazmin given the role of securing Cory in Cebu.
This plan was totally discarded when Marcos peacefully left the Philippines, due to the insistence of Cardinal Sin, who was backed up all the way by the Vatican and the U.S. State Department. Cory ended up being the sole titular head.
