Posted on 06/20/2024 7:00:13 AM PDT by delta7
I may be mistaken, but I believe the FED is supposedly holding some of the US gold reserves.
But the business of “leasing” gold to another country when then sells it for currency while it’s still on the books her as part of our gold reserves is complete balderdash.
I would be genuinely surprised to find that the US has even 25% of claimed reserves. I would be willing to bet a month’s pay that there is no more than 50% of claimed reserves physically on hand.
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.
Nixon 1971
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