I have a hard time believing that a country like Germany wasn’t aware that its gold has been lent and re-lent several times over.
"Uhhhhhhhhh. We don't actually have your stuff."
So the US Government intentionally collapses the prices of Gold (momentarily) so that it can buy up enough Gold to replay Germany (who’s Gold the FED had lost)..
Sounds like a plot of Goldfinger indeed!
Anyone who doesn’t trust Obama is obviously a racist. He told us his’self
http://www.freerepublic.com/focus/f-news/2705999/posts
University of Texas Takes Delivery Of $1 Billion In Physical Gold
Zero Hedge ^ | 04/16/2011 | Tyler Durden
Hitler`s Dirty Little Secret: The Gold Isnt There (shortened)
It`s on the bottom of a lake in Bavaria.
“Along with Hitlers own diamond collection and the entire gold reserves of the Reichsbank, these are just some of the most valuable Nazi treasures still missing”
http://www.mirror.co.uk/news/world-news/wheres-nazi-gold-mystery-still-2677168#.Ut9LO2wo7IU
Watched the latest edition of the Keiser Report on RT today. Keiser is usually pretty bizarre, but every now and then he comes up with a point that makes some sense and puts a new perspective on the big economic picture. Today his sidekick Stacy Herbert mentioned that China recently purchased some large tonnage numbers of gold - more than actually had been on sale on the public markets around the world - Keiser’s followup was that someone had secretly been selling gold to China under the table, and since there were rumors around that the US was low in its gold reserves, this country must have been the US - because China has so many dollars that they’re demanding we exchange some of them in return for gold or they’ll dump them - sort of a leap of logic on Max’s part, but an interesting idea nonetheless....
The gold stores at Ft. Knox are as real as Obama’s Certificate of Live Birth...
Goldbug ping.
There has been no assumption of physical assets backing US dollars.