Posted on 11/19/2025 10:05:58 PM PST by delta7
The Plan to Link the Dollar to Gold Again on July 4th, 2026 | Interview with Judy Shelton
That said, President Trump had better make good on his promise to see if we do in fact have the 8,130 tons.
Ha! Along with the 100 other promises unfulfilled.
there are rumors by a source reputable to me, among many others, that was moved in the 90s, and possibly given to China by the Clintons.
True or not, there needed to be a 24/7 webcam on Fort Knox to see anything going in or out. If there is any gold in there right now, and I doubt it, it's likely rehypothecated.
What could possibly end the continuous massive flow of new Fed.gov debt?
Gold at $93,675.00 per Troy Oz.!! (If pegged to the dollar) Wow! (M2÷US gold reserves in ozt.).
The US already defaulted on the silver backed (allegedly) silver certificates in the 60’s. They don’t have the credibility to do a gold backed currency.
What could possibly end the continuous massive flow of new Fed.gov debt?
How to end our ballooning, fatal debt problem? The U.S. Congress MUST stop digging our hole deeper. Stop the spending. Secondly, link the USD in some way to Gold, Redeemable.
China is already ahead of us in that, it took them just a few years to outsmart us. Their SGE is building Gold depositories across the world, enabling the Yuan to be convertible in Gold for all international settlements.
In any case, as President Trump has stated, those that hold the Gold, make the rules. He is reported to be on board with Judy Shelton’s proposal.
I wish Trump would pick Scott Bessant as new Fed chair, with Judy Shelton as a governor ( she might be too old, though), with Steve Forbes replacing Bessant as Treasury secretary. The team of Forbes and Bessant would be a dynamo.
Since Trump never showed the Public the Gold would it not be wicked if Trump ordered this and some lower level Staffer whispered in his ear “Mr. President hmmm all the Gold is gone, sorry you were misinformed.....” Didn’t you get the email?
No gold in Fort Know is a hoax! Just like the whole Epstein thing is a hoax…until it isn’t.
Promises made…look, a squirrel!
“rehypothecated”
Had to look that one up. Triple word score for you.
Nothing goes into or out of the Fort Knox repository without a lot of people knowing about it. No one person even has the complete combination to the repository vault (I think it is something like 11 different individuals each know a portion of the combination and all need to be present in order to open access to the vault).
The gold is there, it is partially inventoried regularly including weights and purity tests. Only a complete audit has not been done in a long time and it is estimated it would take several months to a year to complete.
“Ha! Along with the 100 other promises unfulfilled.”
Based upon What?
You are at the wrong street corner. Totally out of place here.
My first thought when reading this was that this would kill quantitative easing forthwith. "Quantitative easing" is to "just printing money" as "just putting it in a little" is to "slightly pregnant".
Obama instituted quantitative easing to make it much too easy to run deficits. It was touted as temporary measure to alleviate the "financial crisis" of 2008. Like rent control, and other ill-advised economic temporary measures, it is still with us. The United States government cannot spend money not raised by taxes or borrowing. To get around this restriction, the government "borrows" from the Federal Reserve with a promise to pay it back. But since 2009, the Government has been continually rolling over debt, with no realistic prospect of ever paying it back. This Weimar Republic financing.
Bookmark
Grok:
“Most serious analyses converge on $20,000–$25,000 per ounce if the entire world went back to a classical 100%-reserve gold standard with current money supply and gold stocks.”
I thought it would be astronomically higher.
Huh. $20K per ounce sounds almost reasonable.
As a mechanism to restrain governments’ profligate spending, I’m in favor of this.
(Not a gold bug…)
I was listening to a podcast the other day that mentioned the US and China were taking turns buying large amounts of gold.
We will buy for a few weeks and then stop. Then China will buy for a few weeks and then stop. It is as if we are coordinating with each other to not drive up the prices through competition but to also acquire as much as possible.
Very interesting.
“those that hold the Gold, make the rules”
2]
Hidden rare coins cache
In 2014, a day laborer sold a box of 58 rare coins to a Philadelphia thrift shop for $6,000, which he said he had found while clearing out the basement of a house in New Jersey. In 2017, when the thrift shop announced they were to auction the coins and they actually valued at $2.5 million, Armstrong came forward to declare himself the rightful owner. He claimed that he had hidden the coins in his mother’s old house to take them “off the books” in anticipation of the public offering of his firm. The thrift shop sued Armstrong, asking the court to declare the thrift shop as rightful owners while Armstrong counter-sued, also seeking ownership. In 2019, the U.S. government learned about the coins and claimed them as part of the treasure hoard Armstrong had refused to hand over in 1999, and for which he had served seven years in jail for contempt. In addition to rare coins, the treasure hoard, valued at $12.9 million, included 102 gold bars, 699 gold coins, and an ancient bust of Julius Caesar.[20][21] Armstrong was deposed. According to Receiver Alan M. Cohen, Armstrong admitted hiding the coins. Armstrong’s attorneys said in a court filing that Armstrong did not make this admission. The auction house now possesses the coins and the U.S. government filed suit to take possession.
Wiki
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