FED refuses to return back Germany gold after an failed audit - page 5.

MichaelBliss

hero member

Activity: 526

Merit: 500

Quote from: Thralen on May 01, 2013, 01:55:11 PM

Actually the seven years to return Germany's gold has been all over the news for a while now. This isn't a new thing. If you go and use your Google-Fu to research it, you'll find that the story is entirely true. Several nations have been repatriating their physical gold reserves in the last couple of years. I don't blame them. If you can't pick it up and hold it, you don't own it.

Thralen

Yup, this "news" is at least a few months old. It's the "FED" that's sketchy, nobody really knows how much gold they have / don't have. Freebanking is either out to lunch, or possibly a sock puppet??

Thralen

full member

Activity: 123

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Actually the seven years to return Germany's gold has been all over the news for a while now. This isn't a new thing. If you go and use your Google-Fu to research it, you'll find that the story is entirely true. Several nations have been repatriating their physical gold reserves in the last couple of years. I don't blame them. If you can't pick it up and hold it, you don't own it.

Thralen

Freebanking.org

newbie

Activity: 25

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Please don't type "FED" in all caps. It's not an acronym. It's not only wrong but makes Fed critics look like complete idiots and discredits our criticisms.

Not the only indication the story is bogus (though that is inevitably true when you see "FED"). The NY Fed gives public tours of the gold vault all the time, and private ones too (they did for me when I worked for Ron Paul). The whole site seems sketchy.

kbroadfoot

legendary

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Merit: 1000

Bass Player

This is a major development... we haven't been tied to a gold standard since 1971 BUT all the gold that is "sold" to bullion banks and to other governments usually doesn't actually get shipped it just "sits" in the vaults... just re-labled or something... but if it can't actually be physically delivered.... it means the world financial ponzi is about to collapse...

bonker

hero member

Activity: 784

Merit: 502

Germany is a de-facto occupied nation behind the charade of a democratic government. Its not really their gold to repatriate.

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

I've been pretty calm about the financial crisis, I haven't seen much that I thought would really cause the house of cards to come crashing down overnight, but this concerns me.

If it's really not there, and it gets out, it's game over. Stock bids vanish, banks meltdown, dominoes crash, everything solid turns to air. Good luck making payroll or even using your debit card two weeks later.

You can't trust physical gold either, even from reputable dealers.

http://www.youtube.com/watch?v=rOmKCQQz2WA

Time for plan BTC.

silvermario

member

Activity: 96

Merit: 10

Quote

Dr. Long Xinming (4M),- The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.

The story is here: http://nsnbc.me/2013/04/18/federal-reserve-refuses-to-submit-to-an-audit-of-germanys-gold-held-in-u-s-vaults-2/

What is goin on with all this gold theft popping up lately? Where is the gold?

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/23_Sinclair_-_Swiss_Bank_Just_Refused_To_Give_My_Friend_His_Gold.html
http://lunaticoutpost.com/Topic-Israel-refuses-to-return-US-gold-and-billions-of-dollars

Topic: FED refuses to return back Germany gold after an failed audit - page 5. (Read 13582 times)