Posted on 11/26/2009 11:23:50 AM PST by myfreepress
Please someone tell me this is NOT true.
Fake gold bars! What's next?
It's one thing to counterfeit a twenty or hundred dollar bill. The amount of financial damage is usually limited to a specific region and only affects dozens of people and thousands of dollars. Secret Service agents quickly notify the banks on how to recognize these phony bills and retail outlets usually have procedures in place (such as special pens to test the paper) to stop their proliferation.
But what about gold? This is the most sacred of all commodities because it is thought to be the most trusted, reliable and valuable means of saving wealth.
A recent discovery -- in October of 2009 -- has been suppressed by the main stream media but has been circulating among the "big money" brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox -- the US Treasury gold -- that is the equity of our national wealth. In short, millions (with an "m") of gold bars are fake!
(Excerpt) Read more at myfreepress.net ...
(time out from turkey fixin’s) .... most likely put there in the 1930’s ... but then, there’s Green Bay vs Detroit ... what’s more important fake gold or football. Now that DWTS is over for the season >snif<
I don’t see any sources cited.
The source is at the bottom of my article on MFP
...our equity is illusory.
I did some rough math and it came out to 720 Trillion :o
Its MT trust me we have sold everything and borrowing like like there is no tomorrow if the US was a company it would be more than bankrupt The USA is no mas hell we had a good run
...not even enough for a stimulus bill.
I read this last week on another site that we had sold China some $600 billion worth of gold bars filled with tungsten over the last 7 years.
We have a fake American in The White House.
If you read the article from the source you will see it is a lot more than just China. It is 1.5 million 400-oz gold bars. That is massive, we are screwed!!!!!!!!!
Here is one of the articles:
http://www.marketoracle.co.uk/Article14996.html
Pretty funny, huh? China is the knock off capital of the world and now they have reserves worth 10% of value purchased.
I was asking for you to prove it wrong. Believe me I want it to be wrong. Happy Turkey Day
Auric, you magnificent bastard !
There is also a reference to the Federal Reserve admitting to congress they knew about the Fake Gold. The source of the article is at the bottom of my excerpt on MFP
This could be bad news.
Really rough ;-)
Your math is off by a factor of 1000.
Bad News as Inaccurate I hope!
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