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Topic: FED refuses to return back Germany gold after an failed audit (Read 13610 times)

newbie
Activity: 56
Merit: 0
kinda a banking thing, goes back to the Medici vs. Papal Banks. The Spanish then wanting a place next to the sun easy luck by finding and raping South Americas deposits.
The Brits had their own way by siphoning off the Papal ad Spanish gold that came to close to their boarders.
Also being rather poor compared to other countries at the time it could slaughter its population in the industrial age (1700) Germany was still too catholic to be modernization by large scale industry. Only the threat of starvation and threat of defeat by French and Russian and Austro-Hungarian military caused their rapid advancement and "thing" with perfection in production. Basically the past 5000 years have been about robbing your neighbor or enslaving whatever peoples you could to produce goods with them or from the land and resources they owned.
USA by Freemason / rotschlid were more crative made their fortune with debt, printing paper and lying about what they owned.

Despite the fact that tungsten (used for Edison/incandescent light bulb filaments) was still unheard-of, the metal-smiths of old always knew that once depositors dropped off their burdensome gold for fancy cheaper and handier coin or paper "(reserve) deposit receipt notes" they hardly ever wanted the damned stuff back, unless they were moving away.


The simple fact is that a "money" need only be a fungible and widely respected (national-socialist-economic in olden days) Medium of Work-Resource Exchange that is trusted by it's "Prime Resource" exchanging counter-parties. What it is (a Token of the "Prime" Work-Resources Exchanged) is what it is, there is no rational reason (other than some pre-barter condition) for it to ALSO BE ANYTHING ELSE WHICH IT IS NOT!

If a working entrepreneur wished to be compensated in eggs, potatoes, bananas, car tires, tool sheds or 3D HDTVs that condition could surely be arranged, but that would not make those (likely fungible) commodities a spendable Medium of Work-Resource Exchange with a "currency" of exchange-value you would call "money".
newbie
Activity: 19
Merit: 0
kinda a banking thing, goes back to the Medici vs. Papal Banks. The Spanish then wanting a place next to the sun easy luck by finding and raping South Americas deposits.
The Brits had their own way by siphoning off the Papal ad Spanish gold that came to close to their boarders.
Also being rather poor compared to other countries at the time it could slaughter its population in the industrial age (1700) Germany was still too catholic to be modernization by large scale industry. Only the threat of starvation and threat of defeat by French and Russian and Austro-Hungarian military caused their rapid advancement and "thing" with perfection in production. Basically the past 5000 years have been about robbing your neighbor or enslaving whatever peoples you could to produce goods with them or from the land and resources they owned.
USA by Freemason / rotschlid were more crative made their fortune with debt, printing paper and lying about what they owned.
legendary
Activity: 2912
Merit: 1386
....
LOL  this is all so dated. NONE of ANY gold is in Ft Knox, it has all been stolen (rented out under authority of politicians they owned and then criminally sold) long ago by the private Federal Reserve Printing Company banksters. Evidence mounts that as many as 1.5 million 400-oz gold bars were replaced at Fort Knox during the Clinton Admin with specially ordered custom thin-sized-to-gold tungsten blank-bars which were then covered by CIA Mafia "Black Ops" criminals with a thin gold plate. Apparently even these forgeries have now found their ways into the holdings of SPDR Gold Trust (GLD).

Gld ETF Warning, Tungsten Filled Fake Gold Bars
http://www.marketoracle.co.uk/Article14996.html



And so much for this thread.
newbie
Activity: 56
Merit: 0
You'll need a Canadian proxy if you aren't within Canada but this documentary was done mid last month and is one of the most interesting things I have watched about modern gold. The mention of Germany not even being allowed to see their own gold is only a small part. Well worth finding the proxy. Try proxyfire and configure firefox.

http://www.cbc.ca/doczone/episode/the-secret-world-of-gold.html

No proxy needed: https://www.youtube.com/watch?v=gHTuP3AwPcU

It's interesting to note for posterity here, that it was the bankster's invention of the Over the Counter (OTC) Derivative known as a (unfunded) Credit Default Swap, deeply involved in gold and silver (and any market's) price fixing, that is the genesis of the "Bitcoin Funded Credit Swap" OTC "derivative" that we are all now using every day to "get around" them.

This is (sort of) how a Bitcoin works: you "fund" the credit/loss of the guy who bought (funded it's prior owner) and sold it to you, and the next (funder/) owner of it "swaps" you, your (funded) credit/loss on it. A Bitcoin "counter-party financial instrument" is technically a "deregulated" (thanks to the banksters corrupt influence on the law-contrivers that they own)  straight-up, simple and honest "fCS" or funded Credit Swap.

An unfunded "Credit Default Swap" (uCDS) is an instrument that implies an "unfunded or Defaulted Credit Loss". One way JP Morgan Chase, HSBC and Goldman Sachs use them is so that they each know ahead of time "how much to lose", naked short-selling something like silver contracts when it is their (appointed) turn to kill a price for their uCDS partner. The other "counter-party partner" then "swaps" them the "defaulted-credit loss" while it, knowing their targeted "bottom-time", synchronously has the "good luck" (LOL) to buy up the "bargains", (with fresh money) also stealing from all the small investors who "stopped losses" while their uCDS partner was killing a particular market for them, and makes profits (minus the swap) that it keeps.  In other words, the "money" they do it with is an unfunded "defaulted credit" that never existed on either's books, they just swap the predetermined losses back and forth through their "Over the (back) Counter" uCDS derivative contracts.  

The uCDS is a bookkeeping-swap loophole that, when "traded" (swapped) at 3:59 PM wipes your (day's) loss off your books and creates a temporary next-day loss for your counter-party partner which is wiped off by it again the next day, and so on..



LOL  this is all so dated. NONE of ANY gold is in Ft Knox, it has all been stolen (rented out under authority of politicians they owned and then criminally sold) long ago by the private Federal Reserve Printing Company banksters. Evidence mounts that as many as 1.5 million 400-oz gold bars were replaced at Fort Knox during the Clinton Admin with specially ordered custom thin-sized-to-gold tungsten blank-bars which were then covered by CIA Mafia "Black Ops" criminals with a thin gold plate. Apparently even these forgeries have now found their ways into the holdings of SPDR Gold Trust (GLD).

Gld ETF Warning, Tungsten Filled Fake Gold Bars
http://www.marketoracle.co.uk/Article14996.html


legendary
Activity: 1358
Merit: 1002
You'll need a Canadian proxy if you aren't within Canada but this documentary was done mid last month and is one of the most interesting things I have watched about modern gold. The mention of Germany not even being allowed to see their own gold is only a small part. Well worth finding the proxy. Try proxyfire and configure firefox.

http://www.cbc.ca/doczone/episode/the-secret-world-of-gold.html

No proxy needed: https://www.youtube.com/watch?v=gHTuP3AwPcU
hero member
Activity: 560
Merit: 500
[...] At that point you have crime, and any who participate in covering it up, more crime.

Think about it.  It's no different than if you had something in a safe deposit box, and the bank decided to use it for their own profit.  Then you went to open the safe deposit box, and they refused to let you.


Except that the banks are "too big to charge", as that would damage the economy, so they are essentially free to do what they want.
legendary
Activity: 2912
Merit: 1386
Its only a matter of time before it`s all unravelled and then physical Gold can not be brought at any price.
http://www.caseyresearch.com/articles/why-there-may-be-a-lot-less-gold-than-we-realize

Here's the problem with the scenario described in the article.  The suggestion is made that the "gold is leased out", and that this means it was physically removed from the Fed vault and placed in the hands of a third party, who paid the Fed some amount of money.  There is not anything basically wrong with this UNLESS....

It's Germany's gold, or gold held on behalf of some other person or party.  Then the fiduciary duties have been broken.  At that point you have crime, and any who participate in covering it up, more crime.

Think about it.  It's no different than if you had something in a safe deposit box, and the bank decided to use it for their own profit.  Then you went to open the safe deposit box, and they refused to let you.

legendary
Activity: 966
Merit: 1001
Energy is Wealth
Its only a matter of time before it`s all unravelled and then physical Gold can not be brought at any price.
http://www.caseyresearch.com/articles/why-there-may-be-a-lot-less-gold-than-we-realize
newbie
Activity: 56
Merit: 0
Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?(Michael Snyder - May 9, 2013)
http://theeconomiccollapseblog.com/archives/are-we-on-the-verge-of-witnessing-the-death-of-the-paper-gold-scam

Quote
The paper gold scam is starting to unravel, and by the time this is all over it is going to be a complete and total nightmare for global financial markets.


Gonna get the "Extra Large" popcorn for this one...

This Mint Working Stock thing is like a 7 year "itch" now...

I wouldn't be surprised if it was XXXXX rated
legendary
Activity: 2912
Merit: 1386
.....fascist demon Rhode's enslavement of most of Africa for the white racist eugenic Northern European Tory-Trotskyite gold Pharaohs and his discovery and monopolization of the massive diamond-mineral commodities there was an 18-19th century phenomenon. Fortunately this most evil and vile inhuman demon was unable to do the same to gold, but today DeBeers has such a glut of now near-worthless diamonds, that they have to bury most of them again...

I separated out the bit of your prose with truly colorful phrases.  Are there other evil and vile inhuman demons we should be on the watch for?

In fact, yes! They would be all those soullessly bestial reptilian-brained psychotic 'creatures' who's all-selfish "lone survivalist" creed against The All of Our Loving Parentage is that of the "Three Snakes" of apep; Envy, Greed and Violence, which are always to be "spat upon", as symbolized by the ancient Egyptian hieroglyph of the appearance | 666 |
Got it!

Violence
Envy
Greed

VEG

Vegans!!!!

The root of all evil.

I knew it.
legendary
Activity: 2912
Merit: 1386
.....fascist demon Rhode's enslavement of most of Africa for the white racist eugenic Northern European Tory-Trotskyite gold Pharaohs and his discovery and monopolization of the massive diamond-mineral commodities there was an 18-19th century phenomenon. Fortunately this most evil and vile inhuman demon was unable to do the same to gold, but today DeBeers has such a glut of now near-worthless diamonds, that they have to bury most of them again...

I separated out the bit of your prose with truly colorful phrases.  Are there other evil and vile inhuman demons we should be on the watch for?
newbie
Activity: 25
Merit: 0
Does anyone else here read all this and think 'why are we still using gold?'. It seems so primitive and outdated...

What we need is some sort of digital version  Tongue

We used to have e-gold but the Feds shut it down for anti-money laundering violations--and now FinCEN is targeting Bitcoin.  I've been warning about this for a while now.
hero member
Activity: 728
Merit: 500
Does anyone else here read all this and think 'why are we still using gold?'. It seems so primitive and outdated...

What we need is some sort of digital version  Tongue

I wonder same about religions... Must be someway related...

Gold has some value, for some special applications, but other than that...
newbie
Activity: 56
Merit: 0
....
Adam Smith noted that at the core of the mercantile system (he largely opposed for populist reasons) was the "popular folly of confusing wealth with money," bullion was much the same as many other rarer (savings) commodities, most of which (diamonds he exampled) were far superior to it.

A wealth is too much of some commodity-thing, a money is what the prime resources of people are rewarded with for their labour's worths.

I say diamonds are actually worthless, actually as common and valueless as sea shells if it were not for the DeBoers Monopoly who artificially engineer the phoney "shortage" of them, and gold is also much like that too.

Fine arts, antiques and collectables are far superior, as are emeralds and really rare metals like platinum and palladium (and rare earths).
You refute your own hypothesis, since Adam Smith far predated the diamond DeBeers monopoly.


I don't think so, in Adam Smith's (post Mercantile-Monopolist) time a "Medium of Savings" diamond was still like a rare ruby or emerald, very few and far between. The fascist demon Rhode's enslavement of most of Africa for the white racist eugenic Northern European Tory-Trotskyite gold Pharaohs and his discovery and monopolization of the massive diamond-mineral commodities there was an 18-19th century phenomenon. Fortunately this most evil and vile inhuman demon was unable to do the same to gold, but today DeBeers has such a glut of now near-worthless diamonds, that they have to bury most of them again...

Speaking of Black Swan" events, if, for instance, by some circumstance unknown some Sherpas caused a rock slide avalanche on Mount Everest that broke away the top 3 feet of rock all around it to reveal that it was really, actually a colossal mountain of gold, what then? Would we have to all concede that the Sherpas, by capricious advantage of occasionally combatting their laziness alone, are "obviously" now the world's "master race" worth "more" than all the labours of the rest of all of we could ever dream of being?

The gold savings-commodity was obsolete as a money (Medium of Labour-Resource Exchange) before the first century in 48 BC, it just took until the 17th century for it to finally roll over on to it's deathbed.  With advanced new counter-party alone-owned and exchange-valued Secure Credit Swap Derivative currencies like Bitcoin it is now irrelevant save as a third rate collectable-commodity.

In fact I think most national-socialist economic Mediums of Labour-Resource Exchange currencies will also soon have to follow our new digital-derivative Funded-Credit Swap model.

Other than plants, animals, air, dirt and water, the fruits of the labours of humans are the only Prime economic Resource, and a "money" is an expression of that alone. Everything else is an inanimate "commodity".
hero member
Activity: 560
Merit: 500
Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?(Michael Snyder - May 9, 2013)
http://theeconomiccollapseblog.com/archives/are-we-on-the-verge-of-witnessing-the-death-of-the-paper-gold-scam

Quote
The paper gold scam is starting to unravel, and by the time this is all over it is going to be a complete and total nightmare for global financial markets.


Gonna get the "Extra Large" popcorn for this one...
legendary
Activity: 2912
Merit: 1386
....
Adam Smith noted that at the core of the mercantile system (he largely opposed for populist reasons) was the "popular folly of confusing wealth with money," bullion was much the same as many other rarer (savings) commodities, most of which (diamonds he exampled) were far superior to it.

A wealth is too much of some commodity-thing, a money is what the prime resources of people are rewarded with for their labour's worths.

I say diamonds are actually worthless, actually as common and valueless as sea shells if it were not for the DeBoers Monopoly who artificially engineer the phoney "shortage" of them, and gold is also much like that too.

Fine arts, antiques and collectables are far superior, as are emeralds and really rare metals like platinum and palladium (and rare earths).
You refute your own hypothesis, since Adam Smith far predated the diamond DeBeers monopoly.
newbie
Activity: 56
Merit: 0
The gold is a lie!

Must Reads

Thinking Like "Fat Tony" (James Turk - Sep 9, 2008)
http://www.kitco.com/ind/Turk/turk_sep092008.html


Interesting quote from the "Thinking Like Fat Tony" article:
Quote
One thing is certain in my mind; the central banks do not want to see gold higher, in fact they would love to wipe gold off the face of the earth? Why? Because gold is real money and they cannot control it. They can't bankrupt it. They can knock it down temporarily, but it's still there. A paper currency can be destroyed but gold can't be destroyed. So all the banks can do is to try and keep gold from rising in terms of paper contracts.”

I guess those of us who have invested in BTC at least have some "Black Swan Logic" and are a little more like "Fat Tony."  We are not so blinded by what we supposedly "know" that we do not see the obvious.  It is scary stuff though.  It really makes me thankful that I have a small amount invested in something other than the dollar.  

Don't kid yourself I also have some gold (though I dumped my silver last year, since it was dropping like a fly) but they are just (crappier sorts of "bulk"-commodity) Mediums of Savings not day to day Mediums of Labour-Resource Exchange.


Adam Smith noted that at the core of the mercantile system (he largely opposed for populist reasons) was the "popular folly of confusing wealth with money," bullion was much the same as many other rarer (savings) commodities, most of which (diamonds he exampled) were far superior to it.

A wealth is too much of some commodity-thing, a money is what the prime resources of people are rewarded with for their labour's worths.

I say diamonds are actually worthless, actually as common and valueless as sea shells if it were not for the DeBoers Monopoly who artificially engineer the phoney "shortage" of them, and gold is also much like that too.

Fine arts, antiques and collectables are far superior, as are emeralds and really rare metals like platinum and palladium (and rare earths).
legendary
Activity: 1148
Merit: 1001
[
Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?(Michael Snyder - May 9, 2013)
http://theeconomiccollapseblog.com/archives/are-we-on-the-verge-of-witnessing-the-death-of-the-paper-gold-scam

A publicly owned and operated, for public profit, Central Reserve Banking system (and money) would make taxation obsolete. Julius Caesar, Henry 1st, George Washington and Abe Lincoln all proved it, and JFK might have again...

Gold has always been the problem and never been the solution. A Medium of Labour-Resource Exchange IS what it IS, it need not ever also be anything else (that can be easily monopolized) that it isn't!

In the comments at the bottom of this article was this: 
Quote
People are buying gold because they know the age of fiat currency is untenable. However, for all practical purposes gold only has value in relation to paper money. Can you go into a store and buy anything with gold? No, because first it would need to be assayed and proven genuine. Second, the real value of gold as a trading medium is purely arbitrary. In Weimar Germany gold only had value because it could be traded for dollars or pounds, but what currency could be traded for gold if the dollar collapsed? In short, gold will only have value if the dollar has value. Also, today no major country will ever be able to back it;s money with gold, because there is not enough gold in the world, either that or the price of gold would need to go over $50,000 per ounce.

I do not think the author of this even knows about BTC.  How much more valuable will BTC be because of this?  It makes me want to buy more than the small amount I already have for sure.  It solves one of the biggest problems we have with the dollar. 
legendary
Activity: 2912
Merit: 1386
The gold is a lie!

Must Reads

Thinking Like "Fat Tony" (James Turk - Sep 9, 2008)
http://www.kitco.com/ind/Turk/turk_sep092008.html


Interesting quote from the "Thinking Like Fat Tony" article:
Quote
One thing is certain in my mind; the central banks do not want to see gold higher, in fact they would love to wipe gold off the face of the earth? Why? Because gold is real money and they cannot control it. They can't bankrupt it. They can knock it down temporarily, but it's still there. A paper currency can be destroyed but gold can't be destroyed. So all the banks can do is to try and keep gold from rising in terms of paper contracts.”

I guess those of us who have invested in BTC at least have some "Black Swan Logic" and are a little more like "Fat Tony."  We are not so blinded by what we supposedly "know" that we do not see the obvious.  It is scary stuff though.  It really makes me thankful that I have a small amount invested in something other than the dollar.  

YES THAT IS A MUST READ.  THANKS.

Now I stop shouting...
legendary
Activity: 1148
Merit: 1001
The gold is a lie!

Must Reads

Thinking Like "Fat Tony" (James Turk - Sep 9, 2008)
http://www.kitco.com/ind/Turk/turk_sep092008.html


Interesting quote from the "Thinking Like Fat Tony" article:
Quote
One thing is certain in my mind; the central banks do not want to see gold higher, in fact they would love to wipe gold off the face of the earth? Why? Because gold is real money and they cannot control it. They can't bankrupt it. They can knock it down temporarily, but it's still there. A paper currency can be destroyed but gold can't be destroyed. So all the banks can do is to try and keep gold from rising in terms of paper contracts.”

I guess those of us who have invested in BTC at least have some "Black Swan Logic" and are a little more like "Fat Tony."  We are not so blinded by what we supposedly "know" that we do not see the obvious.  It is scary stuff though.  It really makes me thankful that I have a small amount invested in something other than the dollar.  
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