Posted on 07/18/2014 6:35:46 PM PDT by SkyPilot
Paul Craig Roberts: The entire U.S. gold hoard is now gone
Former U.S. Treasury official Dr. Paul Craig Roberts told King World News the entire United States gold hoard, including gold supposedly held at the Fed for other countries, is now gone. This is very bad news for Germany and other countries which have trusted the Fed to safely store their gold. Excerpts from the interview:
Eric King: Dr. Roberts, I know you’ve seen the report on Bloomberg about Germany supposedly being happy with storing their gold at the New York Fed. It seemed to be a propaganda piece. What was your take when you saw that?
Paul Craig Roberts: Clearly what that means is that the United States doesn’t have the gold and cannot deliver it – and has forced Germany to come to terms with that, and to stop asking for it since it can’t be delivered … And so they [the U.S.] have told their puppet state [Germany] to shut up and come up with a different statement that they are content to leave [their gold] with the Fed. Perhaps they had to bribe them or give them other advantage. But, essentially, they have stopped any German agitation for the return of their gold because it can’t be returned.
King: What are the implications of that for other countries that have gold stored at the Fed? Because it’s outrageous they are not returning Germany’s gold.
Roberts: The implications are nobody will get it back. People in the gold market have suspected that the Fed used up all of the U.S. gold trying to suppress the price of gold over the years. And then after they ran out of U.S. gold, they started using all the gold left with the Federal Reserve on trust.
(Excerpt) Read more at wnd.com ...
“Conclusion: The gold is still at Fort Knox.”
There is gold at the Fed in NYC as well.
Deflation is a Bitch.
There’s only one way to fight back, inflate or devalue your currency.
The race to the bottom is still in full force.
And now Billy Joe MacAllister’s jumped off the Tallahatchie Bridge.
And now Billy Joe MacAllister’s jumped off the Tallahatchie Bridge.
The only question I have for you is “Did you look up the spelling of Tallahatchie, or did you already know it ?”
Fiat currency is fully backed by the police state.
I got it from a lyrics webpage, but then I checked it.
So I’d like to thank you.
I went to youtube for the song and I actually was compelled to listen and watch the entire ad before hand.
An amazing Christian apologetic organization.
It is a great song. The picture musicman posted is like them sitting around the dinner table in the song.
It’s only paper.
Will the Stock market notice on Monday or is it already factored in ?
Every fiat currency in history has failed. Every. Single. One. Gold has been a medium of exchange for over 3000 years. I will bet on the side of history.
Watch this:
I sent this video to my mother. The eldest Daughter of six from a mid western family of a traveling preacher for a father in the 1950’s.
She, my mother was brought to tears as she recalled her life on the road with her Father.
She witnessed this and hundreds more coming to Christ in this way.
https://www.youtube.com/watch?v=zSif77IVQdY&feature=related
Sad but true. Paul Craig Roberts once contributed a lot to the field of economics. One of the very early advocates for supply side fiscal policies back in the 1970s.
The French even awarded him their Legion of Honor in 1987 for being “the artisan of a renewal in economic science and policy after half a century of state interventionism”.
But he sure looks like he’s been suffering from mental illness for some time. Maybe a form of paranoia.
Thank you. God bless your mother.
Not just paper. The globalists want all money to be digital. That way they can track, control and confiscate at will. In order for gold or any store of value to survive as a medium of exchange, property rights must be conserved and tyrannies thwarted.
Political power comes out of the barrel of a gun; the corollary is that money can be controlled by the barrel of a gun. The police state is no different than a crime syndicate writ large.
they have been dumping shorts on the market in the early morning hours before the market opens in order to suppress the gold price during the day.
after the trades, they ship out the gold to cover it.
such manipulation is COMPLETELY illegal, but that doesn’t matter anymore
it’s also theft of property. as they sold gold that was being held in vaults. no fractional lending concept attached, just storage.
they willingly violated the property rights of the owner for their own gain. again, this is ILLEGAL
once there are no property righs... what do you have?
they can also manipulate the price of gold by printing money to buy the gold they are dumping
it’s not their money. they experience no real loss... just the value of the dollar
Hard money and moral integrity go hand-in-hand. It is no accident that the political elite who ALL KNEW that JFK stole the 1960 election and that LBJ murdered JFK, and who legalized abortion, should have converted the U.S. to fiat money.
God Bless her father.
My Grandfather.
An amazing man that founded a church where the railroad ended in the middle of nowhere.
His name is Arthur Anderson.
He gave his life for the Christian cause.
He played the piano by “ear”, no lessons, just let him hear the tune and he could play it to perfection.
The truth is that our country was founded by these men.
It is a story of America that I have not read about.
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