The Golden Cover-Up Begins

Bill Still ^ | 9 Aug 2009 | Bill Still

[delta7]

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.

[Presbyterian Reporter]

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?

[MeneMeneTekelUpharsin]

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.

[Big Red Badger]

Well...

[ClearCase_guy]

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.

[joethedrummer]

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!

[delta7]

how much GOLD has Biden sold off
————
Many financial greats believe the gold has been re-hypothecated, over and over. Senator Paul has addressed this many times over forty years. In other words, the gold hoard has been leased out ( loaned out- not returned) and the fact it took six years for Germany to get their gold repatriated to Germany smells like deceit….

…the best part? When Germany finally received their Gold, it was NOT the same serialized bars they had deposited decades ago. Important to note is most all FOIA requests submitted for audit transcripts came back “ they have been lost”….much documented about this. Something stinks.

[PTBAA]

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

[telescope115]

If all of the gold vaults are opened and there is little or nothing there, there will be chaos.

[delta7]

Not a joking matter. At a time when Brics and many sovereign nations are now hoarding gold to support their currencies, ( do not confuse this with making it fully convertible or full backing), if the US is found to not have the 8,000 tons it says, would most certainly have dire, unknown consequences.

Do note the charges that our gold reserves have been leased out began during Clinton’s time. One fact remains, our government has never done a FULL audit.

A full audit entails physically recording every 400 ounce bar’s serial number AND drilling/ assaying a percentage for purity….hopefully, with Trump’s re-election, he will have the sense to accomplish this task and put the 70 year “ rumors” to rest. With the world Central Banks ( many now enemies of the US) now buying historic amounts of gold, time is running out.

[The Louiswu]

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

Actually it's pretty clear who's making the rules, Communists are making the rule, the long term goal of any Communist state is to destroy the enemy by any means, the USA has long been the #1 enemy of Communism, and we are crumbling as we speak.

[redangus]

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

[sauropod]

bkmk

[M Kehoe]

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

[delta7]

Could this be the reason the dollar was taken off the gold standard?
—————
Possible but not likely. History records Nixon got us off a fully backed gold currency because France ( DeGaulle) was trading in their USD’s for gold by tons. They were depleting our gold supply. It was purely a defensive move.

Remember Nixon’s reasoning? ( I do, I was a teenager) he stated our currency is now to be backed by the US’s huge GDP, military and Trust( Promise to Pay)…do also remember our coinage was switched from silver to base metals in 1965.

That event sparked huge outrage, I remember many people pulling out the pre 65 silver coinage from the newly issued “slugs”….of historic note: Kennedy strongly opposed devaluing our coinage as every defunct nation in history ( beginning with Rome, Spain, Mexico, etc) started debasing their money….100 percent silver coins began being made from 90 percent, then 40 percent purity , then being silver( gold ) washed.

[VTenigma]

I don’t believe the time exists before the collapse for the trials to begin, let alone conclude.

[Ronald77]

Believe it was LBJ, used to pay for his war in Vent Nam.

[roho]

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.

[thesligoduffyflynns]

a little known fact:
The heir to the Firestone fortune was in Paris with his wife and eyewitnesses to the car crash of Princess Diana

[Faith65]

Thanks.
BKMK