RE: You can make gold your money. Buy anything, at anytime, anywhere with your gold, wherever MasterCard is accepted.

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You can make gold your money. Buy anything, at anytime, anywhere with your gold, wherever MasterCard is accepted.

in beyondbitcoin •  8 years ago  (edited)

They got their gold ahead of an absurd 7 year schedule- what took the French only a few months to deliver equivalent loads of German gold- please save the conspiracy theory crap- the Fed resisted German auditors because the gold wasn't there. They printed Franklins 24/7 to buy the gold needed to fulfill the German obligation- and they called it 'quantitative easing'- $85B/ quarter printed.

I have a BS in Finance which helps me easily see the BS in western finance- PONZI SCHEME that apparently YOU have fallen for.

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  ·  8 years ago (edited)

I understand the nature of fiat currency. I also have an understanding of the gold market. And I also know that the German government announced in 2013 that they wanted to repatriate one half of their gold to German soil. The US completed their delivery last year, while France has another 91 tons to deliver later this year, so yea, your knowledge is impressive.

I would like to see where the Fed could buy 300 tons of gold on the sly as you seem to be suggesting.

Need I go and dig to find the articles reporting the Fed's resistance to German auditors when Germany announced their intent to repatriate their gold? I watched this all going down- did you? While it was happening? I did

I remember thinking that was a bit odd, sure. But Germany's official stance was there was absolutely no reason to doubt that the gold was there. And guess what? It was there.

Sorry but NO it wasn't there- we went through all of this -QE facilitated getting the Germans gold back-Do you work for the Fed? What's your motive because it's obvious to me it isn't the truth???????

What proof do you have that it wasn't there? I haven't said anything about QE. How does the Fed buying a bunch of crap bonds facilitate Germany getting its gold shipped back to them?

Some of the 85B was used to buy UST the rest remained liquid for their undermined BS- just like the funds they use ta manipulate precious metal's markets. If you execute your knowledge based upon the premise that the Fed isn't a criminal banking cartel than all of your conclusions are most likely nonsensical.

I can agree that the Fed is a banking cartel. But even a banking cartel can't make 300 tons of gold magically appear. What proof do you have that the Gold wasn't there? What did the Fed supposedly do with Germany's gold?

The FED strongly resisted German Auditors. How do you know 300 tons magically appeared? Where's your proof that some sort of NWO/Merkel gold deal didn't occur? All I know is the Fed resisted an audit by one of their TOP'customers' - speaks volumes.