Ft. Knox is full of Tungsten.
hmmmm ..did Barry take it?
HOORAY Germany!
If the Germans were smart they’d quickly stop the “calls for repatriation” and move on quickly to actually doing a repatriation. My very suspicious mind tells me that those Fed customers who are down in the order of repatriation are going to be very shortchanged. And they’d better completely verify that what is repatriated is actually 100% gold all the way to the center.
When things hit the fan, I can already see Obama and crew saying “we didn’t know of the existence or the extent of the thievery—this must have been done during the Bush administration; it’s Bush’s fault.
It is very convenient to keep gold in NY, and it used to be very secure, but with Barry in office, I’d think twice before leaving it there.
I’ve been to the Fed in NY, but not to the vaults. The building is built like plumbing. You can set up a path from point ‘A’ to point ‘B’ that is secure by closing gates that are in the halls and elevator lobbies. Where I was, all the trim and doors were made of brass. Really impressive, although I got through security with a ‘nod’ — I guess my escort was “somebody”.
It’s OK. The Fed will just print some more gold........no, wait a minute.......Houston, we have a problem.
this is not happy news
Weighing the gold bars would show nothing, since gold weighs almost the same as tungsten. Ultrasonics is the way to test it.
So
at one time, the US was perceived as a safe and secure repository of precious metal(s) by other nations .. and now one of those nations would just, y'know ... kind'a visit it's own posession .. and the US says, "Nahhh ... I don't think so ... security reasons, there's an ongoing investigation, uhhh .. there's confusion because of the election ... ummm ... I'll think of more ... "
Is THAT it ?
I find it hard to believe (in this day & age) that other nations trust the U.S. to “guard” their gold.
I have only a sketchy recollection of someone posting or commenting on a gold scandal at the NY fed. It seemed so incredible that tons of gold could go missing I refused to give it any further thought . . . until now.
Everyone is rich until they look in their wallets. So Germany has gold in NY....until someone actually wants to move it....then...poof! it disappears and how does Germany explain to the home crowd.
“We saw it, no paper, no problem, leave it there.”
Ft. Knox is full of Tungsten.
Not buying that “full faith and credit” from the Yankee empire anymore, eh?
Wise.
They simply need to take it back. I suspect it doesn’t even exist anymore.
We gave most of it to the Aliens after the first big gold confiscation.
The next one is just around the corner...