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To: Publius

“...The US owes Germany so much gold but instead of repaying immediately sets a 2020 deadline to return the gold.....”
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This assumes that the American banks are actually still in possession of all of Germany’s physical gold bullion. Some have questioned its physical presence or at least whether it is financially unencumbered as it should be.


19 posted on 01/15/2014 7:47:42 PM PST by House Atreides
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To: House Atreides
Germany recently announced that it had received its first shipment but then said it had to be refined. This indicates that what they received was not Germany's original gold but coin melt bars, which would date the bars to 1934. Then Germany fudged on exactly where the gold was refined.

Something is up.

21 posted on 01/15/2014 7:50:36 PM PST by Publius ("Who is John Galt?" by Billthedrill and Publius now available at Amazon.)
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To: House Atreides

Yeah, it seems they were hinting at that...

“Then we have to ask the US why they store so much gold, but instead of selling gold, they issue debt to other countries to rescue the financial market.”


23 posted on 01/15/2014 7:52:02 PM PST by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheelbarrow)
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