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Topic: FACTS OF GERMAN GOLD REPATRIATION = FED HAS NO GOLD = BITCOIN PRICE EXPLOSION - page 2. (Read 3280 times)

sr. member
Activity: 371
Merit: 250
sr. member
Activity: 299
Merit: 253
legendary
Activity: 1358
Merit: 1000
why do they need it back whats Germany going to do with it ?
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
Do you have any reliable sources for this or is this just gold bug chatter. 
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Nothing is going to the moon...  Roll Eyes
sorry

or?
legendary
Activity: 1358
Merit: 1000
sounds like the big dump in coin was to help them pay for some gold

now they are down 1 third of 1 seventh of Germans gold holdings in coins

what are they going to do next ?

enter DPR's stash
member
Activity: 97
Merit: 10
Been reading about Germany's repatriation of gold from the US.  First, hard to believe that countries would entrust their gold with the Fed.  Funny thing happened several years ago when the Germans wanted to just "see" their gold.  Fed told them NO.  Several years later they came back and were allowed to look at, but not touch, a few bars.  Then Germany last year says we want our gold back - a fair request as it seems there is no need to keep German gold with the Fed.  Fed tells them that it will take SEVEN YEARS to give back HALF of the German gold.  After one year, it was recently reported that, instead of giving Germany 1/7 of the gold total, they only gave them around 1/3 of that so it will be around 20 YEARS TO PAY IT BACK.  Also, the gold that was paid back was not the german gold entrusted with the Fed but melted down and recast gold.  This tells me that most or all of the gold is gone.  There hasn't been an audit of the US gold or any other country's gold held with the Fed in OVER 50 YEARS.  It's all trust.  Don't know about you, but I don't trust Fed bankers.  When more countries begin to repatriate (Netherlands, etc) the game will be up.  The gold has all been leased out to banks like JP morgan who have dumped on the market.  There is no way to get the gold back.  This seems to be one of the greatest frauds in the history of the world.  And when exposed the price of gold and especially bitcoin will go to the moon.
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