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An odd little story this - or perhaps an absolutely massive one - that’s been largely overlooked.

We picked it up from the blog Cryptogon, via OptionARMageddon.
In the Italian/Swiss border town of Chiasso last week- on Thursday the 4th, to be precise - Italian police stopped two Japanese men and searched their luggage. In a false bottom of one of the cases they found this:

That’s 249 US Treasury bond certificates - undeclared - with a value of $500m each.  As well as, according to a report from the Italian police, 10 Kennedy bonds at $1bn a pop. In total, $134.5bn of Treasury securities.The story was reported by the Italian news agency Adnkronos, and appears here on the website of the Guardia di Finanza, the Italian customs police.