Posted on 07/11/2025 6:20:16 AM PDT by delta7
I believe that the Fed wants to see if gold certificates trade among member banks at a premium. If so, then it suggests at least a way to finance the federal debt if current measures prove inadequate.
The National Debt number will fluctuate based more on the revenues coming into the system than on expenditures (which for the most part are “set.”)
A $400B swing could be something like re-financing TBills at a higher rate. It could be accounting to 31 days in the month and not 30.
A $400B swing could also reflect a return to traditional funding mechanisms after the debt ceiling was raised last week,
$400B on our debt is a rounding error.
I think the average citizen, reading this, wants to know exactly what the heck is going on here? And this question applies to many other things that are in the news right now, like the Epstein deal. The public is interested in one thing...the truth.
IBTG
IBTS
Most likely leased out. Many in the field suspect it has been leased out to bullion banks, sovereign nations, etc … ownership has encumbrances.
I suspect most Gold is physically in Ft Knox, Denver, NY, as advertised, BUT if the lease trail is audited, there can be problems with “ ownership “. Much written on this.
That said, MANY are waiting for the full audit, we will not forget Trump’s promise.
It looks like the S&P 500 still wins.
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Close, but with Golds further rise, most likely $4200 then on to $5,000, you still have to deal with the equities being denominated in dollars, whose purchasing power is rapidly declining.( as are ALL the world’s paper currencies.)
I believe that the Fed wants to see if gold certificates trade …..
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Judy Shelton stated in two interviews issuing out Treasury debt instruments that will be fully redeemable in gold- however they will be 50 year plus Bonds, Notes.
Her interviews are on You Tube , easily found….the western financial markets have not mentioned this new development.
“Close, but with Golds further rise, most likely $4200 then on to $5,000,”
In 2014 you said gold would hit 2015. Now, over a decade later, we are not even half-way their in today’s dollars!
“Close”
Not even close when you factor in dividends, transaction and storage costs.
My wife’s Roth IRA. Apple up over 4000%.
LOL! The average person doesn’t care about the price of gold and doesn’t know whether Epstein is dead or alive.
“That said my source shows Gold just slightly outperforming the S&P since 1971.”
Did your source figure in dividends and storage fees? I bet not!
“If I have one of those gold certificates, can I go somewhere and pick up the physical gold?”
You can’t buy or hold one.
Redeemable in gold more or less means paper gold certificates. A trial run first thus makes sense.
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