The prior blog preceding this one suggested that Friday, the day after Thanksgiving was an ideal day to release news that was intended not to make news because it is a day in the news cycle when nobody looks. If we are invaded by other world creatures, release the news on this day and nobody will know.
I speculated that the news that the Cayman Islands would give the USA bank account information of US depositors as one of those "Earth Has Been Invaded" news stories put out on Friday. I also speculated that there might be many who would be crucially interested in this news and want to get their money out quick. Buying Bitcoin might be a way to do it. The thinking being that it is untraceable??? No way!
It is those that jump first leaving the sinking ship that will self identify themselves as rats. The cats (rats) that skin themselves. The most elegant way to separate a cat from its skin. Just sneak up on it and say Boo!
Someone really jumped quick and big???? This link might indicate a fascinating story.
Something of a milestone was reached very early in the morning of
Friday, November 29, a time when most Americans were either sleeping off
their Thanksgiving excesses or out seeking Black Friday bargains. At
the end of Wednesday, the price of gold, on Comex, had closed at $1,240
per ounce; that market would not reopen until Friday morning. And then
at about 1am Friday, EST, there was a trade on Mt Gox, the largest
bitcoin exchange, which valued each coin at $1,242. If only briefly and
theoretically, at that point in time a bitcoin was worth more than an
ounce of gold.
Tracing the trade might be extremely revealing. Was somebody at the NSA ready and waiting to test the new tracing software to see who jumped ship first?
Just my fun with conspiracy speculation.
Just exactly how would someone with a fortune stashed in the Caymans get it out of the Caymans with a purchase of Bitcoin at 1 am EST? When exactly was the news of the day first known? From what source? Released at midnight EST? An hour to react to the surprise?
Traceability: Run but you cannot hide. A runner is easily obvious when everyone else is walking. Self identification. Might as well carry a sign pointing at themselves.
Unfortunate for my theory is the fact that The FATCA agreement with the Cayman Islands was initially agreed to in August. No surprise there but releasing approval news on Friday is a fascinating clue to something. There is however always someone that is surprised to learn what everybody else already knows.
This link simply says "signed this morning" (29 Nov.) Somebody at .gov come in early to do signing? This is the actual agreement. Signed in London.
Maybe there is nothing at all to it? 5 hour time difference between London and the Cayman Islands or New York.
Browsing the web for info I ran into the term "Black Friday" associated with Bitcoin. No connection to Black Friday the day after Thanksgiving. I did not understand the meaning of the term until I found this link related to online poker and shutting it down April 15 2011. Bitcoin is associated here with Friday after Thanksgiving shopping. All depends on which Black Friday is being talked about. Another Black Friday story is told for a person who owned Bitcoins.
Tax info sharing agreements are becoming popular:
"The British Virgin Islands, Gibraltar, Montserrat, the Turks and Caicos
Islands and Bermuda have signed tax information sharing agreements with
the UK Government."
“We very much welcome the announcement by Colombia, Greece, Iceland,
Liechtenstein, Luxembourg and Malta to join the pilot initiative
launched by the G5 on automatic exchange of tax information."
These are the countries having an agreement with the USA. All major countries and Costa Rica and the Cayman Islands.
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