The history of the privately owned asset supplied by PT. PTK spans back centuries.
In terms of its updated bullion structure and hallmarks, it was only nearly two decades ago that this was accomplished. Accumulated over a long period of time starting from when spices were worth more than gold, Indonesia has always prospered in terms of its resources.
Due to Indonesia’s questionable past, namely during President Soeharto’s reign, misconceptions of gold and its availability have caused a certain disbelief for gold investors to trade with Indonesia.
The gold we supply does not have any relation to the collection President Soeharto gained through corruption but the accumulated supply held by the Royal Families of the old kingdoms. To re-iterate, the gold made available to serious investors is a by product of a new era in Indonesia’s history as President Soeharto’s iron handed government ceased and the privately owned gold, is more readily available to be traded.
Please read the following excerpt of an article by Lena Soares & Associates, below in its entirety as it is uncovers a lot of issues that have been manipulated by other sources, which in turn has created misconceptions of the massive amounts of privately owned gold residing here in Indonesia.
Please understand and acknowledge Indonesia’s policies, politics, culture and the origin of the gold we supply prior to communicating your interest in investing gold with PT. PTK.
The Makings of a Superpower & Indonesia’s Trillions of Dollars
Potentials of a World Superpower: Industrial Nations Will Not “Punish” Indonesia Like Kosovo & Iraq Because Indonesian-owned Financial Assets Propping Up the world Industrial Economies Will Be In Jeopardy.
By Lena Soares & Associates. September 19th., 1999 – updated 28th. January, 2001
There are several reasons why the major industrial nations will hesitate to attempt military attack into Indonesia, a scenario once touted in the international press by Australian P.M. Howard in the event Indonesia attacks East Timor, a former province, a scenario that happened in Iraq or Kosovo. Nor will nations boycott Indonesian products, withhold loans, or apply other forms of “punishment” towards Indonesia, demanded by foreign protests which Iraq, Iran and Libya are subjected to.
Boycots, when it happens, is only a token and usually for their domestic consumption, not the kind that can destroy a country or bring sufferings to its people like in Iraq.
The industrialized nations will not attack, or retaliate on anyone’s behalf (e.g. a scenario when Iraq attacked its neighbour bringing retaliatory action by the U.S. and other countries known as the Gulf War), because Indonesia has large amounts of collateral in 93 countries, which means financial clout.
Even if Indonesia attacks east Timor, which is not likely, and past events showed that Indonesia has not, Indonesians consider the east Timorese as saudara kita or “our relatives”.
The validity of the information contained herein is very much dependent on one’s knowledge base that enables one to verify this information and make sense out of it.
If one did not have this knowledge base, this information is far fetched. Neither is this disinformation much like the CIA’s campaigns. If so, what is the motive for this disinformation? What will this achieve? It will not change anything either historically, or the past events recorded in the international media many of which are quoted supporting the information contained herein. However, if one were to use one’s common sense and logic, much of this information will make sense even without this knowledge base.
Those With Access to Funds – a combination of present day financial institutions and historical assets of 1,500 years ago.
There are two main Indonesian groups which have access to these collaterals and therefore the funds derived from collaterals. The first is the Government which obtain funds from its economy, taxation, etc. and inter-government loans and institutions like the IMF, World Bank and Asian Development Bank (ADB).
The second is the Indonesian private sector. This private sector is divided into two distinct groups. The first group comes from the corrupt, (former president) Soeharto’s New-Order supported businesses which still dominate the present economic environment, even during the present Gus Dur’s democratically elected presidency. This first group derived most of its funds from government corruption, which in turn is derived from international assistance by international finance institutions like the IMF, World Bank, etc.
The World Bank, whether it was through ineptitude or just plain inexperience, in turn condoned this corruption.
The second private group is the low-lying, low-profile royal collateral owners. It is this group, because of ownership and control of their privately owned assets, which has the financial clout. These “royal collaterals” came from former sultanate kingdoms in existence over 1,500 years ago, e.g. the Sriwidjaya Empire (7th. To 13th. centuries based in Palembang, Sumatra, and the 11th. century Majapahit Empire based in west Java which extended throughout all of south east Asia).
The last major economic entity was in cooperation with what was known as The Netherlands East Indies, a Dutch based economic empire after the years 1550 occupying what is now Indonesian territory which existed prior to the establishment of the Indonesian Republic in 1945.
The Dutch entity occupied these areas for about 350 years. They managed to do this through the old “divide & conquer” tactics, playing one kingdom against another. During the 1930s, leaders led by Soekarno and Mohamad Hatta, put the different areas together, and in August 1945 declared the area as the Republic of Indonesia against Dutch wishes.
Spice trading: historically commodities were more valuable than gold
Many of these kingdoms of over 1,000 years ago traded their spices with European and Asian (northern and southern Chinese kingdoms), Japanese, South American and some African kingdoms. Indonesian traders ventured, seeded and left their imprints in many parts of the globe, including South America (Suriname), Africa (Madagascar and South Africa) the Pacific Islands, and New Zealand all the way to Hawaii. Only a few of these countries are named because remnants of the Indonesian Malay language and culture still exist in their present day indigenous societies as proof of former Javanese presence.
Spices during their times were as valuable as and even more valuable than gold. It was these south east Asian kingdoms, especially the 125 sultanates in what is now Indonesia, that introduced coffee, tobacco, chocolate, cocoa, and other spices over the last 2,000 years (hence the phrase a cup of Java [coffee], for example), and introduced rice in the 1600s to what is now the U.S.A. through Madagascar. The Swiss, famous for its chocolate, do not produce this commodity in-country, likewise the Germans with their well-known German coffee and German cigarettes.
These commodities have now become the world’s basic commodities, are internationalized, and are now taken for granted as they are available all over the world. Like noodles that originally came from China and adopted by the Italians as spaghetti their national food, pizza which originally came from Italy and popularized by the Americans through pizza chains like Pizza Hut, and Americans have said that the best apple pie, a traditional American dish, they ever tasted was baked by a non-American in Jakarta, are no longer attributable to any specific nation.
This latter “royal” group of 125 different royal families accumulated collateral in gold bullion and other valuables derived from hundreds of years of foreign spice trading. For hundreds of years both principals and interests accumulated interests over interests, making these assets the largest group of collaterals in the whole world.
The Indonesian royals, provided collateral to Indonesia’s first president Soekarno (referred to as “Soekarno’s gold” in international news media). These collaterals then found its way to Soeharto, the nation’s second president, who with the cooperation of the foreign royals have been feeding the international lending institutions like the IMF, the World Bank, Asian Development Bank, the IGGI and CGI, with collateral to enable the Soeharto New Order government to exist and fund economic development.
Indonesian royals cooperated with their foreign counterparts
These Indonesian royals in cooperation with their foreign royal counterparts have kept their collateral in the vaults of these foreign nations, much like an Indonesian has a $10,000 deposit at Citibank, in New York, or United Overseas Bank in Singapore.
The majority of these depository banks hundreds of years later have now become the central banks of many nations. But the collaterals in the bank and a large amount of them are owned by the original Indonesian depositors, and will remain so as long as that depository bank exists.
But with the Indonesian royals, there is the element of personal relationships with the foreign royals going back over several hundreds of years. As everyone knows a personal relationship going back for hundreds of years, especially one involving large amounts of assets, is quiet a different thing than a strictly business relationship that ties the depositor with Citibank or UOB.
One of these royals, a former kingdom in central Java not named here to keep their identity secure, was asked by Indonesian co-founding father Soekarno in 1935 to assist and back up the revolution and war of independence against the Dutch occupying authorities. This king then asked his counterpart in The Netherlands to release a given amount. The Dutch ruler complied because it did belong to this Javanese king, and provided collateral as per the Javanese king’s request. That 1935
collateral valued in 1997’s term
The history of the privately owned asset supplied by PT. PTK spans back centuries.In terms of its updated bullion structure and hallmarks, it was only nearly two decades ago that this was accomplished. Accumulated over a long period of time starting from when spices were worth more than gold, Indonesia has always prospered in terms of its resources.Due to Indonesia’s questionable past, namely during President Soeharto’s reign, misconceptions of gold and its availability have caused a certain disbelief for gold investors to trade with Indonesia.The gold we supply does not have any relation to the collection President Soeharto gained through corruption but the accumulated supply held by the Royal Families of the old kingdoms. To re-iterate, the gold made available to serious investors is a by product of a new era in Indonesia’s history as President Soeharto’s iron handed government ceased and the privately owned gold, is more readily available to be traded.Please read the following excerpt of an article by Lena Soares & Associates, below in its entirety as it is uncovers a lot of issues that have been manipulated by other sources, which in turn has created misconceptions of the massive amounts of privately owned gold residing here in Indonesia.Please understand and acknowledge Indonesia’s policies, politics, culture and the origin of the gold we supply prior to communicating your interest in investing gold with PT. PTK.The Makings of a Superpower & Indonesia’s Trillions of DollarsPotentials of a World Superpower: Industrial Nations Will Not “Punish” Indonesia Like Kosovo & Iraq Because Indonesian-owned Financial Assets Propping Up the world Industrial Economies Will Be In Jeopardy.By Lena Soares & Associates. September 19th., 1999 – updated 28th. January, 2001There are several reasons why the major industrial nations will hesitate to attempt military attack into Indonesia, a scenario once touted in the international press by Australian P.M. Howard in the event Indonesia attacks East Timor, a former province, a scenario that happened in Iraq or Kosovo. Nor will nations boycott Indonesian products, withhold loans, or apply other forms of “punishment” towards Indonesia, demanded by foreign protests which Iraq, Iran and Libya are subjected to.Boycots, when it happens, is only a token and usually for their domestic consumption, not the kind that can destroy a country or bring sufferings to its people like in Iraq.The industrialized nations will not attack, or retaliate on anyone’s behalf (e.g. a scenario when Iraq attacked its neighbour bringing retaliatory action by the U.S. and other countries known as the Gulf War), because Indonesia has large amounts of collateral in 93 countries, which means financial clout.Even if Indonesia attacks east Timor, which is not likely, and past events showed that Indonesia has not, Indonesians consider the east Timorese as saudara kita or “our relatives”.ถูกต้องของข้อมูลที่มีอยู่นี้เป็นมากขึ้นอยู่กับตัวรู้ที่ช่วยให้การตรวจสอบข้อมูลนี้ และทำให้ความรู้สึกออกมาจากมันถ้าหนึ่งไม่มีฐานความรู้นี้ ข้อมูลนี้จะนำมาใช้มาก ไม่มีอุดมการณ์นี้มากเช่นส่งเสริมการขายของ CIA ถ้าดังนั้น อะไรคือแรงจูงใจในอุดมการณ์นี้ อะไรจะนี้ achieve จะไม่เปลี่ยนอะไรทั้งอดีต หรือเหตุการณ์ในอดีตที่บันทึกในสื่อต่างประเทศจำนวนมากที่คิดเป็นเงินสนับสนุนข้อมูลที่มีอยู่นี้ อย่างไรก็ตาม ถ้าหนึ่งใช้สามัญสำนึกและตรรกะของ มากของข้อมูลนี้จะทำให้ความรู้สึกแม้ไม่ มีฐานความรู้นี้ผู้เข้าถึงกองทุน – รวมปัจจุบันสถาบันการเงินและสินทรัพย์ทางประวัติศาสตร์เมื่อ 1500 ปีที่ผ่านมามีสองหลักอินโดนีเซียกลุ่มที่สามารถเข้าถึงสื่อสิ่งเหล่านี้ และเงินที่ได้มาจากชิ้นดังนั้น แรกคือ รัฐบาลซึ่งได้รับเงินจากการเศรษฐกิจ ภาษี เป็นต้น และเงินกู้ระหว่างรัฐบาลและสถาบันต่าง ๆ เช่น IMF ธนาคารโลกและธนาคารพัฒนาเอเชีย (ADB)ที่สองคือ ภาคเอกชนอินโดนีเซีย ภาคนี้แบ่งออกเป็นสองกลุ่มแตกต่างกัน กลุ่มแรกมาจากการเสียหาย Soeharto (ประธาน) ใหม่สั่งสนับสนุนธุรกิจซึ่งยังคง ครองสิ่งแวดล้อมทางเศรษฐกิจปัจจุบัน แม้ในปัจจุบัน Gus Dur democratically เลือกประธานาธิบดี กลุ่มแรกนี้มาส่วนใหญ่ของกองทุนจากรัฐบาลทุจริต ซึ่งจะได้มาจากความช่วยเหลือระหว่างประเทศสถาบันการเงินระหว่างประเทศเช่น IMF ธนาคารโลก ฯลฯธนาคารโลก ว่าผ่าน inexperience ineptitude หรือเพียงธรรมดา จะยังคงความเสียหายนี้ส่วนกลุ่มที่สองเป็นที่ราบ งามรอยัลหลักประกันของเจ้าของ เป็นกลุ่มนี้ เพราะความเป็นเจ้าของและควบคุมของทรัพย์สินเป็นเจ้าของ ซึ่งได้ clout เงิน เหล่านี้ "ชิ้นรอยัล" มาจากอาณาจักรสุลต่านอดีตดำรงอยู่กว่า 1500 ปีที่ผ่านมา เช่นจักรวรรดิ Sriwidjaya (7 ไป 13 ศตวรรษในปาเลมบัง เกาะสุมาตรา และ 11 การ ศตวรรษ Majapahit อาณาจักรในชวาตะวันตกที่ขยายทั่วเอเชียตะวันออกเฉียงใต้ทั้งหมด)สุดท้ายสำคัญเศรษฐกิจเอนทิตีถูกร่วมกับสิ่งเรียกว่าเป็นเนเธอร์แลนด์อีสต์อินดีส์ ดัตช์โดยจักรวรรดิเศรษฐกิจหลังจากปี 1550 มีว่าเป็นดินแดนอินโดนีเซียซึ่งอยู่ก่อนการก่อตั้งสาธารณรัฐอินโดนีเซียในปีค.ศ. 1945The Dutch entity occupied these areas for about 350 years. They managed to do this through the old “divide & conquer” tactics, playing one kingdom against another. During the 1930s, leaders led by Soekarno and Mohamad Hatta, put the different areas together, and in August 1945 declared the area as the Republic of Indonesia against Dutch wishes.Spice trading: historically commodities were more valuable than goldMany of these kingdoms of over 1,000 years ago traded their spices with European and Asian (northern and southern Chinese kingdoms), Japanese, South American and some African kingdoms. Indonesian traders ventured, seeded and left their imprints in many parts of the globe, including South America (Suriname), Africa (Madagascar and South Africa) the Pacific Islands, and New Zealand all the way to Hawaii. Only a few of these countries are named because remnants of the Indonesian Malay language and culture still exist in their present day indigenous societies as proof of former Javanese presence.Spices during their times were as valuable as and even more valuable than gold. It was these south east Asian kingdoms, especially the 125 sultanates in what is now Indonesia, that introduced coffee, tobacco, chocolate, cocoa, and other spices over the last 2,000 years (hence the phrase a cup of Java [coffee], for example), and introduced rice in the 1600s to what is now the U.S.A. through Madagascar. The Swiss, famous for its chocolate, do not produce this commodity in-country, likewise the Germans with their well-known German coffee and German cigarettes.These commodities have now become the world’s basic commodities, are internationalized, and are now taken for granted as they are available all over the world. Like noodles that originally came from China and adopted by the Italians as spaghetti their national food, pizza which originally came from Italy and popularized by the Americans through pizza chains like Pizza Hut, and Americans have said that the best apple pie, a traditional American dish, they ever tasted was baked by a non-American in Jakarta, are no longer attributable to any specific nation.This latter “royal” group of 125 different royal families accumulated collateral in gold bullion and other valuables derived from hundreds of years of foreign spice trading. For hundreds of years both principals and interests accumulated interests over interests, making these assets the largest group of collaterals in the whole world.The Indonesian royals, provided collateral to Indonesia’s first president Soekarno (referred to as “Soekarno’s gold” in international news media). These collaterals then found its way to Soeharto, the nation’s second president, who with the cooperation of the foreign royals have been feeding the international lending institutions like the IMF, the World Bank, Asian Development Bank, the IGGI and CGI, with collateral to enable the Soeharto New Order government to exist and fund economic development.Indonesian royals cooperated with their foreign counterpartsThese Indonesian royals in cooperation with their foreign royal counterparts have kept their collateral in the vaults of these foreign nations, much like an Indonesian has a $10,000 deposit at Citibank, in New York, or United Overseas Bank in Singapore.The majority of these depository banks hundreds of years later have now become the central banks of many nations. But the collaterals in the bank and a large amount of them are owned by the original Indonesian depositors, and will remain so as long as that depository bank exists.But with the Indonesian royals, there is the element of personal relationships with the foreign royals going back over several hundreds of years. As everyone knows a personal relationship going back for hundreds of years, especially one involving large amounts of assets, is quiet a different thing than a strictly business relationship that ties the depositor with Citibank or UOB.One of these royals, a former kingdom in central Java not named here to keep their identity secure, was asked by Indonesian co-founding father Soekarno in 1935 to assist and back up the revolution and war of independence against the Dutch occupying authorities. This king then asked his counterpart in The Netherlands to release a given amount. The Dutch ruler complied because it did belong to this Javanese king, and provided collateral as per the Javanese king’s request. That 1935collateral valued in 1997’s term
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