Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

With China and the Brics announcement of creating a Gold backed currency, Central Banks of the world now buying historic amounts of Gold, and BIS making Gold a Tier One asset, it appears they know what is dead ahead.

Wanna bet the US never does a FULL audit on our Gold Reserves? GATA.org , a non profit, has been covering this situation for decades. Many say it doesn’t matter, but imagine the outrage when/if citizens find out our reserves are gone/ depleted?….at a time when Russia, China, India and many other nations are found to have more Tier One assets than us.

1 posted on 06/20/2024 7:00:13 AM PDT by delta7
[ Post Reply | Private Reply | View Replies ]


To: delta7

Biden sold off the SPR to reduce crude oil prices and to use the money to fund his leftist projects.

So how much GOLD has Biden sold off to keep the value of the dollar high and to use the money to fund his leftist projects?


2 posted on 06/20/2024 7:12:53 AM PDT by Presbyterian Reporter
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

The thrill IS gone. The fact that somehow someone who is not the highest authority will not allow an audit to be done indicates that the gold has basically been stolen. What a screaming mess the government has become in this country. There have to be treason trials at some point.


3 posted on 06/20/2024 7:15:39 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

Well...


4 posted on 06/20/2024 7:16:35 AM PDT by Big Red Badger (ALL Things Will be Revealed !)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

The Golden Rule
He who has the gold, makes the rules

And right now, it’s not clear who is making the rules. But someone is.


5 posted on 06/20/2024 7:33:10 AM PDT by ClearCase_guy (It's not "Quiet Quitting" -- it's "Going Galt".)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

Fake news!

…years ago, I saw an episode where the Three Stooges accidentally broke through the wall of Fort Knox and took all the gold!

Now, they’re trying to re-wrote history!… ugh!


6 posted on 06/20/2024 7:37:37 AM PDT by joethedrummer (We can't vote our way out of this, folks..)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

Could this be the reason the dollar was taken off the gold standard?


8 posted on 06/20/2024 7:47:41 AM PDT by PTBAA
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

When did Nixon take us off the gold standard? I seem to remember it was in the early 70’s. Coincidence?


12 posted on 06/20/2024 8:09:13 AM PDT by redangus ( )
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

Hi.

I was at Ft. Knox for eight weeks.

Got a detail at the armory/gold reserve. Four hours and then chow.

I didn’t see any gold in 1974...I know enlisted can’t see squat

Plus, I still haven’t gotten my security clearance yet.

5.56mm


14 posted on 06/20/2024 8:11:44 AM PDT by M Kehoe (Quid Pro Joe and the Ho have got to go. )
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

A few years ago I found myself at the table with a gentleman who claimed to have been the one to replace the seals on the vaults at Ft Knox. The old seals had never been broken but were getting really old and fragile. He claimed the noise about the loss of gold was all rumor. He seamed very credible and I being one who suspected the monkey business with the gold supply found myself doubting the rumors. That was probably 10 years ago. Who knows what has happened since.


18 posted on 06/20/2024 9:06:20 AM PDT by roho (SemperFi)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

Thanks.
BKMK


20 posted on 06/20/2024 11:14:20 AM PDT by Faith65 (Isaiah 40:31 )
[ Post Reply | Private Reply | To 1 | View Replies ]

To: delta7

It would be very easy to disprove all the theories about US gold stocks. The fact that the FED and the Treasury will not allow a full and open audit (including testing of bullion) makes it pretty clear that whatever is in storage is one hell of a lot less than what is claimed..

If the gold exists, there no logical reason to refuse to prove it.

Crunch time is coming and we are going to get royally screwed.


22 posted on 06/20/2024 1:37:05 PM PDT by ChildOfThe60s ("If you can remember the 60s....you weren't really there")
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson