FED refuses to return back Germany gold after an failed audit

[Spendulus]

Its only a matter of time before it`s all unravelled and then physical Gold can not be brought at any price.
http://www.caseyresearch.com/articles/why-there-may-be-a-lot-less-gold-than-we-realize

Here's the problem with the scenario described in the article.  The suggestion is made that the "gold is leased out", and that this means it was physically removed from the Fed vault and placed in the hands of a third party, who paid the Fed some amount of money.  There is not anything basically wrong with this UNLESS....

It's Germany's gold, or gold held on behalf of some other person or party.  Then the fiduciary duties have been broken.  At that point you have crime, and any who participate in covering it up, more crime.

Think about it.  It's no different than if you had something in a safe deposit box, and the bank decided to use it for their own profit.  Then you went to open the safe deposit box, and they refused to let you.

[Fuzzy]

[...] At that point you have crime, and any who participate in covering it up, more crime.

Think about it.  It's no different than if you had something in a safe deposit box, and the bank decided to use it for their own profit.  Then you went to open the safe deposit box, and they refused to let you.

Except that the banks are "too big to charge", as that would damage the economy, so they are essentially free to do what they want.

[Raoul Duke]

You'll need a Canadian proxy if you aren't within Canada but this documentary was done mid last month and is one of the most interesting things I have watched about modern gold. The mention of Germany not even being allowed to see their own gold is only a small part. Well worth finding the proxy. Try proxyfire and configure firefox.

http://www.cbc.ca/doczone/episode/the-secret-world-of-gold.html

No proxy needed: https://www.youtube.com/watch?v=gHTuP3AwPcU

[agentbluescreen]

You'll need a Canadian proxy if you aren't within Canada but this documentary was done mid last month and is one of the most interesting things I have watched about modern gold. The mention of Germany not even being allowed to see their own gold is only a small part. Well worth finding the proxy. Try proxyfire and configure firefox.

http://www.cbc.ca/doczone/episode/the-secret-world-of-gold.html

No proxy needed: https://www.youtube.com/watch?v=gHTuP3AwPcU

It's interesting to note for posterity here, that it was the bankster's invention of the Over the Counter (OTC) Derivative known as a (unfunded) Credit Default Swap, deeply involved in gold and silver (and any market's) price fixing, that is the genesis of the "Bitcoin Funded Credit Swap" OTC "derivative" that we are all now using every day to "get around" them.

This is (sort of) how a Bitcoin works: you "fund" the credit/loss of the guy who bought (funded it's prior owner) and sold it to you, and the next (funder/) owner of it "swaps" you, your (funded) credit/loss on it. A Bitcoin "counter-party financial instrument" is technically a "deregulated" (thanks to the banksters corrupt influence on the law-contrivers that they own)  straight-up, simple and honest "fCS" or funded Credit Swap.

An unfunded "Credit Default Swap" (uCDS) is an instrument that implies an "unfunded or Defaulted Credit Loss". One way JP Morgan Chase, HSBC and Goldman Sachs use them is so that they each know ahead of time "how much to lose", naked short-selling something like silver contracts when it is their (appointed) turn to kill a price for their uCDS partner. The other "counter-party partner" then "swaps" them the "defaulted-credit loss" while it, knowing their targeted "bottom-time", synchronously has the "good luck" (LOL) to buy up the "bargains", (with fresh money) also stealing from all the small investors who "stopped losses" while their uCDS partner was killing a particular market for them, and makes profits (minus the swap) that it keeps.  In other words, the "money" they do it with is an unfunded "defaulted credit" that never existed on either's books, they just swap the predetermined losses back and forth through their "Over the (back) Counter" uCDS derivative contracts.  

The uCDS is a bookkeeping-swap loophole that, when "traded" (swapped) at 3:59 PM wipes your (day's) loss off your books and creates a temporary next-day loss for your counter-party partner which is wiped off by it again the next day, and so on..



LOL  this is all so dated. NONE of ANY gold is in Ft Knox, it has all been stolen (rented out under authority of politicians they owned and then criminally sold) long ago by the private Federal Reserve Printing Company banksters. Evidence mounts that as many as 1.5 million 400-oz gold bars were replaced at Fort Knox during the Clinton Admin with specially ordered custom thin-sized-to-gold tungsten blank-bars which were then covered by CIA Mafia "Black Ops" criminals with a thin gold plate. Apparently even these forgeries have now found their ways into the holdings of SPDR Gold Trust (GLD).

Gld ETF Warning, Tungsten Filled Fake Gold Bars
http://www.marketoracle.co.uk/Article14996.html

[Spendulus]

....
LOL  this is all so dated. NONE of ANY gold is in Ft Knox, it has all been stolen (rented out under authority of politicians they owned and then criminally sold) long ago by the private Federal Reserve Printing Company banksters. Evidence mounts that as many as 1.5 million 400-oz gold bars were replaced at Fort Knox during the Clinton Admin with specially ordered custom thin-sized-to-gold tungsten blank-bars which were then covered by CIA Mafia "Black Ops" criminals with a thin gold plate. Apparently even these forgeries have now found their ways into the holdings of SPDR Gold Trust (GLD).

Gld ETF Warning, Tungsten Filled Fake Gold Bars
http://www.marketoracle.co.uk/Article14996.html

And so much for this thread.

[OmG3o3]

kinda a banking thing, goes back to the Medici vs. Papal Banks. The Spanish then wanting a place next to the sun easy luck by finding and raping South Americas deposits.
The Brits had their own way by siphoning off the Papal ad Spanish gold that came to close to their boarders.
Also being rather poor compared to other countries at the time it could slaughter its population in the industrial age (1700) Germany was still too catholic to be modernization by large scale industry. Only the threat of starvation and threat of defeat by French and Russian and Austro-Hungarian military caused their rapid advancement and "thing" with perfection in production. Basically the past 5000 years have been about robbing your neighbor or enslaving whatever peoples you could to produce goods with them or from the land and resources they owned.
USA by Freemason / rotschlid were more crative made their fortune with debt, printing paper and lying about what they owned.

[agentbluescreen]

kinda a banking thing, goes back to the Medici vs. Papal Banks. The Spanish then wanting a place next to the sun easy luck by finding and raping South Americas deposits.
The Brits had their own way by siphoning off the Papal ad Spanish gold that came to close to their boarders.
Also being rather poor compared to other countries at the time it could slaughter its population in the industrial age (1700) Germany was still too catholic to be modernization by large scale industry. Only the threat of starvation and threat of defeat by French and Russian and Austro-Hungarian military caused their rapid advancement and "thing" with perfection in production. Basically the past 5000 years have been about robbing your neighbor or enslaving whatever peoples you could to produce goods with them or from the land and resources they owned.
USA by Freemason / rotschlid were more crative made their fortune with debt, printing paper and lying about what they owned.

Despite the fact that tungsten (used for Edison/incandescent light bulb filaments) was still unheard-of, the metal-smiths of old always knew that once depositors dropped off their burdensome gold for fancy cheaper and handier coin or paper "(reserve) deposit receipt notes" they hardly ever wanted the damned stuff back, unless they were moving away.


The simple fact is that a "money" need only be a fungible and widely respected (national-socialist-economic in olden days) Medium of Work-Resource Exchange that is trusted by it's "Prime Resource" exchanging counter-parties. What it is (a Token of the "Prime" Work-Resources Exchanged) is what it is, there is no rational reason (other than some pre-barter condition) for it to ALSO BE ANYTHING ELSE WHICH IT IS NOT!

If a working entrepreneur wished to be compensated in eggs, potatoes, bananas, car tires, tool sheds or 3D HDTVs that condition could surely be arranged, but that would not make those (likely fungible) commodities a spendable Medium of Work-Resource Exchange with a "currency" of exchange-value you would call "money".