Doesn’t this episode prove that there’s no gold reserves in Fort Knox?
I mean, if we had any gold, we could sell some of it to pay the social security checks Obama is worried about, right? (Aside from the fact that there is $2.2T coming in in tax cash annually to pay them....)
But nobody in government has even suggested selling the gold, because there isn’t any.
It’s my understanding that if all the people who have invested in Gold demanded the metal be handed over to them, that there is not near enough to go around.
I do not know if that is true or not, but I have never seen the issue shot down by anyone even the sellers of the gold funds.
It seems it’s almost like the dot com craze, where people were handing over cash to anyone selling shares in companies that did not have a product for sale yet or a place from which to sell it from. Just a fancy brochure or web site.
(and a promise)