Posted on 05/28/2014 12:05:35 PM PDT by Rusty0604
Rob Kirby is an expert on forensic macroeconomics. His research shows central bankers are starting to not trust each other.
“Countries around the world with foreign reserve accounts where they hold vast amounts of U.S. dollars, all it’s going to take is for one of them to get really spooked . . . and bolting for the door ...
What about America’s gold? Is it still in Fort Knox? Kirby says, “I don’t believe America possesses any substantial amount of gold. America claims to have sovereign holdings of just over 8,000 metric tons. I believe that number is grossly inflated, and it might be close to zero.” What would happen to the dollar if it was indeed fact that America had very little gold left in its vaults? Kirby contends, “There would be calamity in the financial markets around the world. . . . If the 8,000 tons of gold has grown feet and is not where it is supposed to be, it would certainly qualify as a national secret. This would also explain why the United States has been so dead set against a proper audit of its gold reserves.”
Americans think they can print money until the cows come home and that they can control anything by printing more money. You can’t solve a problem of indebtedness by continuing to print money. This is fraud on the highest, highest order.
Rob Kirby lives across the border in Toronto, Canada. 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. Kirby also told me his website is visited regularly by U.S. government agencies ... He told me he has the data to prove it.
(Excerpt) Read more at usawatchdog.com ...
No, the premium on 1/10 oz gold coins us outrageous. Silver will be best in times of crisis...if anyone is willing to trade goods for it when TSHTF.
Which is why junk silver is such a wonderful proxy for gold.
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