no, you may not have your gold back

[WEB slicer]

our government is nothing more than crooks and thieves

https://www.youtube.com/watch?v=NyemAwLD2N0

[desired_username]

This will prove to be the biggest scam in recorded history.

Maybe the US didn't have enough regulations. /s

[fdiini]

There is no reporting of the news in US.

[desired_username]

There is no reporting of the news in US.

It's old news.

http://www.forbes.com/sites/robertlenzner/2013/01/19/the-germans-want-their-gold-reserves-back-in-germany/

http://www.cnbc.com/id/100382718#.

This subject is lightly reported.

The lies, disinformation and FUD spread about bitcoin should've made bitcoiners aware that MSM only serves the propaganda.

All hail our plutocrat overlords.

[arbitrage001]

Audit refusal and refusing to let Germany to repatriate their gold is a very strong signal that the FED has no gold in the vault.

[niothor]

Already two threads on this subject and quite an old one

https://bitcointalk.org/index.php?topic=136935.0
https://bitcointalk.org/index.php?topic=125828.0

[TTBit]

Gold is fungible. The Federal reserve and German central bank can make a sweetheart deal for $30B in USD rather than the 670 tonnes of gold. With this money, Germany purchases gold from other sources (locally). Once complete, Germany announces a successful swap.

This way, the Federal reserve can continue to lease out over 100% of their reserves. It works every time until it doesn't.

[TheGer]

The scary part here is that they are using Fractional Reserve Gold Banking.  Creating Gold out of thin air with a certificate which has nothing backing it.  They sell the certificate and TADA! free money...

[Daniel91]

This will prove to be the biggest scam in recorded history.

Maybe the US didn't have enough regulations. /s

When they need money, government have power to do whatever they want, either legal or illegal.
It's shame that ordinary people don't understand or don't care what their government do.

[fusioncoins]

Just hide your gold coins!

[pedrog]

I guess now it's Federal noReserve.

[Parsons]

What this really means is good news for BTC

I have to admit I found this so pathetic though that I actually laughed...

[Full Spectrum]

Well this makes Switzerland look great!

[TaunSew]

Well this makes Switzerland look great!

Nope.  Switzerland has been forwarding people's information to the IRS in the past two years and I suspect any gold in Switzerland is not entirely safe.

There's the mentality among bankers that non-bankers are second class humans and are not entitled to their own money.

[tinof]

Well this makes Switzerland look great!

Nope.  Switzerland has been forwarding people's information to the IRS in the past two years and I suspect any gold in Switzerland is not entirely safe.

There's the mentality among bankers that non-bankers are second class humans and are not entitled to their own money.

Bankers are just playing the games following the same rules we all have to play. They are victims just like the rest of us.

[MargaretsDream]

I understand this, it is hard to just give away something valuable like gold.

[TheGer]

Lol I am sorry but that is plainly the stupidest thing I have heard someone say all year...

Well this makes Switzerland look great!

Nope.  Switzerland has been forwarding people's information to the IRS in the past two years and I suspect any gold in Switzerland is not entirely safe.

There's the mentality among bankers that non-bankers are second class humans and are not entitled to their own money.

Bankers are just playing the games following the same rules we all have to play. They are victims just like the rest of us.

[jaberwock]

As people said: if you can't touch it, you don't really own it(it is valid for Bitcoin because it needs to be store in some pen drive/HD/paper wallet/wharever).

Specially when you put your precious savings in the hand of the entity that has no one but himself to regulate it. At least against baks you can use the Justice, but what to do against those that are the justice and all the other powers?

[wenben]

As people said: if you can't touch it, you don't really own it(it is valid for Bitcoin because it needs to be store in some pen drive/HD/paper wallet/wharever).

Specially when you put your precious savings in the hand of the entity that has no one but himself to regulate it. At least against baks you can use the Justice, but what to do against those that are the justice and all the other powers?

Problem is most people like the convenient and are not aware of what is going on in the world.

[WEB slicer]

Bankers are just playing the games following the same rules we all have to play. They are victims just like the rest of us.

i'm sorry dude, i'm normally not this rude, but you are so dumb.