Posted on 12/10/2014 10:38:41 AM PST by george76
It’s in China.
I’d be happy if they simply paid us for what we spent kicking their butts in WWII and rebuilding the nation after WWII. The amount of money the US had to spend fighting that war plus rebuilding Germany AND defending it for 60 years after the war runs in the trillions. We could pay off the debt it we could get that money back.
May be the reason for all the ‘dead bankers’, every few days, it seems....................
Maybe. It could also be in India.................
The inspection refusal is kind of a red flag....
The brain dead Obama/Hillary supporters.
Good one-
but actually I’d call the CHINESE!
I mean, how hard is it to move a couple of pallets over to
THEIR Vault
Sure, they get a great premium over the spot price, and buy gold on the open market.
Lobster and Spanx aren’t cheap, even with a volume discount...
When the Brits got some of theirs back, it had been re-cast. A chemical analysis showed that the bars had been diluted with base metals between the date we got it and the date we gave it back. Who knows how many years this has been going on? No one that will ever tell. When you combine that with “quantitative easing”, the results look like the Weimar Republic.
Why would anyone trust a country that cheats on it's own citizens? Kind of like a guy asking a known adulterer to drive his drunk wife home.
Whatever was left in 2008 is likely looted and gone to all of Obama’s friends, just as the treasury has been looted... just as every other African dictator does to his nation.
“When the Brits got some of theirs back, it had been re-cast. A chemical analysis showed that the bars had been diluted with base metals between the date we got it and the date we gave it back.”
Do you have any source for this? I know some have recently found bullion on the open market that was debased with tungsten, but I had not heard that any of it was sourced from the U.S. government.
Why am I reminded more and more of the episodes of the Beverly Hillbillies when Jed or Granny gets the idea to take all their money back from the Commerce Bank of Beverly Hills, much to the panic of Mr. Drysdale?
Yes, Herr Thiele, your gold is perfectly safe. There's no reason to take it back to Germany or even to look at it. It's just as heavy and shiny as ever.
nly once the gold had arrived in Europe was it melted down and brought to the current bar standard. Some of the bars in our stocks in New York were produced before the Second World War.
OK, some of the gold bars do have swastikas stamped on them, but those can be melted right out of them. We call it Operation Golden Paperclip.
There is exactly zero ounces of gold that “back up” US Dollars.
US Dollars are fiat money with absolutely no backing other than the ability to use them to pay taxes and settle debts denominated in USD.
Maybe hey don't assume that Buba believes that. There is not much Germany can do in the short run if the US can't or won't give back the gold. Starting the dominos falling right now is not in their interest & will get them nothing.
No they couldn't because A) the gold doesn't belong to them, and B) the Fed doesn't deal with individuals. Around 98% of the gold in the vault at the New York Fed belongs to foreign countries. Virtually all the rest belongs to international agencies. Only a fraction of a percent belongs to the U.S.
Apparently, the bad guys acquire real gold bars with appropriate official markings. Then they drill out most of the gold and replace it with tungsten, which has almost the same density as gold. However, the speed of sound in tungsten is quite different from that in gold, so it is easy to detect fakes non-invasively with an ultrasound scanner (video).
Maybe some military type in Germany with a last name resembling Kelly should try to sneak in and steal it back.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.