September 11 Commission Report - Gnostic Liberation Front

“London--Apr 29/99--Germany's Commerzbank has acquired a 35% interest in Argor-Heraeus
SA, a Swiss gold refinery with an annual refining capacity of 400 tonnes and a production
capacity for cast ingots of 2.5 million per year. "The acquisition has made Commerzbank into one
of the few banks worldwide which are directly involved not only in precious metals trading but
also in purchasing unmarketable physical gold, thus covering the whole spectrum of preciousmetals
transactions," a press release issued today said.”
3. Barrick is linked closely to the Banking Cartel through, one of the most longest
members of the Advisory Board - Karl Otto Pohl, former President of the German
central bank (Bundesbank) and chief officer of the International Bank of Settlements
and IMF. Also on the Barrick Board was former Canadian Deutschebank executive
Tye W. Burt - the former Chairman of Deutsche Bank Canada and Deutsche Bank
Alex Brown Securities Canada, and Managing Director and Head of Deutsche Bank’s
Global Metals and Mining Group. Burt was involved when the Canadian
Deutschebank backed Khashoggi in the MJK Securities fraud. Burt left the bank
shortly after the fraud was discovered. Note also, two of the initial big investors in
Barrick – Khashoggi and Bronfman – used the same personal financial advisor: Mayo
Shattuck of the Deutschebank Alex Brown. Mayo Shattuck was the chief assistant to
Buzzy Krongard when he worked at Deutschebank Alex Brown. Both, through their
executive roles at Deutschebank Alex Brown were in a position to be familiar with
the Khashoggi/Marcos gold deposits at that Bank. Remember that Krongard
managed the merger between Bankers Trust and Deutschebank Alex Brown, and that
Banker’s Trust is the bank that received significant amounts of the Marcos gold with
the assistance of Khashoggi.
4. The Deutsche Bank was identified as a major gold trading partner with Barrick in
both the Blanchard and Howe law suits.
5. Enron - an energy trading company - had created a gold bullion and gold derivatives
trading operation. When Enron went bankrupt, Enron On-Line was bought by UBS.
A competitive market for trading energy and gold bullion was set-up by former
Deutschebank executive Mayo Shattuck as new CEO at Constellation Energy, using
former Enron employees.
These five points suggest that if it doesn’t exist already, there exists the potential for a
cozy relationship between the US oil cartel, the German Banking cartel and Barrick.
THE SEPTEMBER 11 COMMISSION REPORT Page 251