Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

Monday, June 29, 2009

401...The Power Of Gold

Missing.

From the super secure Royal Canadian Mint.

15, 300, 000 dollars worth to be precise.

No, not missing.

Stolen.

So says today's Ottawa Citizen.

This has happened before of course.

And the Mint had a nice little gambling operation going on inside its walls in the 1980's and 90's so it truly is business as crookedly usual on Sussex Drive.

WFDS

Wednesday, June 17, 2009

316...Honey, I've Lost The Gold

Ottawa Citizen today reports that, hmmm, a tour guide at the Royal Canadian Mint, told a tour that they, the Mint, had misplaced 7 000 000 in gold to slag.

Ah sh't happens.

This makes the magic number of missing gold about 13 large.

One would think if the tour guides have this information, everyone has this information.

WFDS

Saturday, June 13, 2009

284...Your Gold Is Safe With Us, Mint Tells Clients

Reads the headline in the Ottawa Citizen this morning.

Funny that.

I mean, it is nice of them to say so but, as Ian MacLeod writes, the Mint is saying so "To halt a possible 'run' on the gold it safeguards for private businesses...as the investigation continues into as much as $20 million in lost precious metals."

As mentioned previously, this is not the first time the Mint has miscalculated their inventory. Not to mention that employees working out of the mint have used their offices to run various nefarious industries inside the sacred confines.

This should keep the spin doctors on speed dial for a while.

WFDS

Tuesday, June 2, 2009

196...Who Let The Gold Out?

Spin doctors are on high alert at the Royal Canadian Mint in Ottawa where Christine Aquino, mint spokeswoman, said in a prepared statement Tuesday in response to questions from the Ottawa Citizen. "An unprecedented demand in gold in 2008 has led to an unreconciled difference between the mint's financial statements and the physical count of precious metals. There's a difference there that we're looking into..."

Unreconciled difference.

Love it.

Rolls off the tongue.

Unreconciled difference.

This isn't the first time someone has thiefed from the Mint; but every time it happens the Mint seems to spin their way out of it by essentially, well, spinning.

An example thereof from Ian MacLeod's Ottawa Citizen article is his reporting that "The largest reported theft at the mint was in 1996, when a machinist at the Sussex Drive plant pocketed 85 ounces...of almost-pure gold...A charge of theft against the man was later dropped for unexplained reasons and the mint was spared the humiliation of a trial that would have explained how the man snuck the precious metal past metal detectors, surveillance cameras and electronic sensors."

See, it is real important that the mint spin bad acts under the rug coz security is paramount to the mint's success. Or, more to the point, the appearance of security.

Your tax dollars, in action.

WFDS