The strange case of Lord James and 'Foundation X'

Lord James has claimed a mysterious gold bullion-backed body wants to invest £5bn in the UK – so what's the catch?

It's quite the most extraordinary speech I think I've ever come across. It was given by Lord James of Blackheath, a respected industrialist and a former senior adviser to the Conservative party.

James was speaking in the Lords debate on the spending review. You might expect him to touch on the issue of government waste, which he is known for politically. Not a bit of it.

James's speech begins with Brigadoon, moves on to money laundering billions of pounds of terrorist money and ends with the claim that he has been contacted about a mysterious "Foundation X" that wishes to invest £5bn in the United Kingdom, with an extra £17bn for hospitals, schools and Crossrail by Christmas, and who have met with a cabinet minister to discuss their investment. Intriguing, isn't it?

So here's the skinny.

As an expert in the laundering of terrorist finance and funny money who has "handled billions of pounds of terrorist money", James claims he was asked by a leading FSA regulated institution to investigate a mysterious organisation that wanted to invest substantial sums into the UK's economic reconstruction.

This body, which he calls "Foundation X", apparently has huge reserves of gold bullion-backed funds. On some estimates, these funds amount to more than the entire gold bullion mined from the earth. With such great wealth, Foundation X is understandably secretive and only wishes to discuss the disbursement of its funds with a head of state or one of the "top six people in the world". So for 20 weeks, James investigated the foundation. He came to the conclusion that "Foundation X is completely genuine and sincere and that it directly wishes to make the United Kingdom one of the principal points that it will use to disseminate its extraordinarily great wealth into the world".

Having come to this conclusion, James wished to expedite this investment. So he secured a meeting for representatives of Foundation X with the leader of the House of Lords, Lord Strathclyde. This was held some weeks ago and was, at best, inconclusive. Since then, James has discussed Foundation X in detail with Treasury ministers and now believes the government is dragging its heels and missing a major opportunity to drive forward the UK economy.

Now, you might think this is all barmy. After all, mystery foundations with vast quantities of gold bullion-backed securities to invest in the British economy don't come along every day. It's tempting to think that James has been the victim of a particularly convincing Nigerian email scam.

But if it is madness, it is madness that has reached the highest levels of government.

After all, not only have members of Foundation X met with the leader of the House of Lords, the Treasury minister, Lord Sassoon, confirmed that he has been in "detailed discussions" on this subject with James, adding that the government "take seriously anyone who wants to invest in our economy".

So what on earth is going on? One thing is for sure.

The truth is out there.

• This blog was originally published on Hopi Sen's blog and is reproduced here with his permission.

Visningar: 31

Inlägg i den här diskussionen

Dessa hemliga fonder är givetvis just desamma fonder som David Wilcock beskriver i sin mycket omfattande (som två böcker nästan) exposé FINANCIAL TYRANNY, som jag håller på att läsa i sin helhet.  Har skumläst allt och är drygt halvvägs med att lusläsa också.


  1. Financial Tyranny:  Defeating the Greatest Cover-Up of All Time

  2. Section Two:  The History

  3. Section Three:  The Real World

  4. Section Four:  The Occult Economy

  5. Section Five:  Bretton Woods and the BIS

  6. Section Six:  The Ultimate Ponzi Scheme

  7. Section Seven:  Comments

    All Pages

  1. Financial Tyranny:  The Final Sections:

  2. Section Eight:  The Interviews

  3. Section Nine:  Closing the Doors -- Cease and Desist

  4. Section Ten:  Comments

    All Pages


Här en update om Lord James of Blackheath / X-fonderna:

Lord James of Blackheath UPDATE February 16 2012:

Lord James of Blackheath, House of Lords February 16 2012

Breaking news Lord James of Blackheath has spoken in the House of Lords holding evidence of three transactions of 5 Trillion each and a transaction of 750,000 metric tonnes of gold and has called for an investigation.

I think there are three possible conclusions that may come from it. I think there may have been a massive piece of money laundering committed by a major government which ought to know better and that it has effectively undermined the integrity of the British bank the Royal Bank of Scotland, in doing so. The second alternative is that a major American department has an agency that has gone rogue on it because it has been wound up and has created a structure out of which they are seeking to get at least 50 billion Euros as a payoff. And the third possibility is that this is an extraordinarily elaborate fraud which has not been carried out but which has been prepared in order to provide a threat to one government or more if they don't pay them off. So there are three possibilities and this all needs a very urgent review.

My Lords, it starts in April and May of 2009, with the alleged transfer to the United Kingdom, to HSBC of a sum of 5 trillion dollars and seven days later, in comes another 5 trillion dollars to HSBC, and then 3 weeks later another 5 trillion. 5 trillion in each case. Sorry. A total of 15 trillion dollars is alleged to have been passed into the hands of HSBC for onward transit to the Royal Bank of Scotland and we need to look at where this came from and what the history of this money is. And I have been trying to sort out the sequence by which this money has been created and from where it has come from for a long time.


© 2018   Created by Stefan Uhlén.   Drivs med tekniken bakom

Emblem  |  Rapportera en händelse  |  Användarvillkor