Tag Archives: 3

3,500 Ton Philippine Gold Bars Unlawfully Shipped Out, But for Whose Benefit?

The Philippines is rocked again by another scandal involving the previous administration of Benigno Aquino III for having illegally shipped out 3,500 metric tons of 99.999% pure gold, with an estimated value of $141 billion, out of the Bangko Sentral ng Pilipinas’ vault.

Said amount of gold were used to back up the printing of $3 trillion paper currency, early last year. But for whose benefit? Continue reading 3,500 Ton Philippine Gold Bars Unlawfully Shipped Out, But for Whose Benefit?