[Rusty0604]

Putin Says Russia, China Need To Ensure Security Of Their Gold Reserves

http://www.zerohedge.com/news/2014-05-28/putin-says-russia-china-need-ensure-security-their-gold-reserves

[Eric in the Ozarks]

Goldfinger...

[2harddrive]

HOW did they FIND OUT? Who TOLD them what we really did with it???

[ChildOfThe60s]

The US “leases” gold to the IMF, who then *sells* that gold to India to raise money.

India now has the gold, but the US claims to still own it so it counts are part of our gold holdings.

Someone that knows more than I can expand on this reasoning or debunk it. I believe I read about this little game, and it certainly sounds like something they would do, but I am open to correction.

[grania]

Anyone who has gold as a certificate, fund, or promise that it’s locked away somewhere safe for them is not being sensible. One can’t help but wonder what would happen if everyone asked for their gold at once.

[alexander_busek]

8,000 short tons of gold have a value of approx. $320 billion - which, compared to our national deficit or foreign debt or any other parameter you'd care to cite, is chickenfeed. So I say that the existence or non-existence of these 8,000 tons of gold has a negligible influence upon our actual solvency.

Regards,

[glorgau]

all it’s going to take is for one of them to get really spooked . . . and bolting for the door ...

Don't panic, but if you are going to panic, panic first.

[Georgia Girl 2]

“Kirby says he no longer travels to the U.S. because he does not trust the U.S. government. He points out that he likes America, but not our leaders”

That’s the way we feel too Kirby. :-)

[wku man]

I hope the American people have plenty of copper, brass and lead "holdings".

Scouts Out! Cavalry Ho!