Monday
Oct292012
LINKS: The Germans Are Coming For Their Gold
Non-Existent Gold:
"The Bundesbank is, of course, quite right in its opinion of the value of the examinations. In reality, it does not matter one bit whether the Federal Reserve Bank of New York actually has the German central bank’s gold or whether the gold is pure. As long as the Fed says it is there, it is as good as there for all practical purposes to which it might be put. It can be sold, leased out, used as collateral, employed to extinguish liabilities and counted as bank capital just the same whether it exists or not."
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Oct 29, 2012 at 4:02 PM
Reader Comments (4)
http://rt.com/usa/news/military-drones-encryption-footage-514/
SO why is this totally insane, irrational, illogical and really just plain idiotic quote on this page? The truth is that all of the things that the quote mentions can be done with the gold make money for the entity holding the gold. The problem of course is that the actual owners the people of Germany are NOT holding the gold and are NOT profiting from it. The FED is profiting from the gold. And in all likelyhood they are scrambling as we speak to put the gold they have stolen from Germany back in the vaults. So it will be months before any extensive audits will take place. Simply speaking it will take months to put the stolen gold back in the vaults. Of course as soon as the "audit" is over the gold will go right back out.
There is not one single rational, logical reason to put gold which belongs to the people of a country in the vaults of a private banking cartel in a foeign country. The government "leaders" that did this in the first place should be executed for treason....
The quote which is from Carney's piece, was put there to show exactly what you stated - the insanity.