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Federal Reserve Admits: We Have No Gold

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posted on Jun, 7 2011 @ 09:33 PM
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I have had a sneakin suspisicion for years since they started to advertise "buy ur gold we buy gold mail it in an envelope we send u cash back top dollar blah blah blah"that the government was up to no good.However I have another suspicion that it might involve the annunaki and trying to buy there freedom and places of power in this world.But thats just a theory




posted on Jun, 7 2011 @ 09:33 PM
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OK Ron. Do you got it yet? The Federal Reserve has no gold. None. They haven't had any since 1934. What part of they don't have any gold don't you get? In fact, there is not enough gold bars in the world to stock pile to go to a gold standard if we wanted to. And that isn't even if some imaginary reptilian race isn't exporting the stuff to their home planet to make into gold dust to fix their ozone problems (or however the story goes).

The truth is (if the precious metal charts say anything) that gold prices are about to crash. Don't you idiots see how you are being manipulated? There is ALWAYS a run up, then a crash, and then a run up again. That is why gold is fixing to crash. Someone will start the crash and the masses will try to get out before they lose their money causing a further run on the commodity, stock, etc.

Gold is used for two purposes. One as an industrial metal for circuits and two as an investment vehicle. Since Rhodium was at a high of 10,000 in 2008 (right after the financial crisis hit) and now it is at 2,000.00 it makes no sense that gold is still going up as a precious metal. The reality is that it could drop 700.00 and oz in no time at all and then there is going to be a lot of Glen Beck listners wondering what to do with their gold since it takes years- even decades- for precious metal cycles to play out when it can only take a half decade for stock market cycles to play out. That means once the sell off of gold begins, some will be stuck with a loser investment for perhaps a decade and a half before a new run up is created somehow.

I really doubt that gold is being mined and exported to Nubiru by alien grays. It is a price run up based on hype and not to be confused with the real economic rape of US industry which has been transferred methodically to the Red Chinese. That is real and not imaginary. The wholesale looting of US technology and industry is very real.



posted on Jun, 7 2011 @ 09:35 PM
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reply to post by TheReturnisNear
 


exactly .. no gold since 1934 because it's not their job, the gold is with the treasury department in fort knox ... the original post even states that, so people are reacting to a non-issue.. the gold is precisely where it is supposed to be, under the treasury department in fort knox



posted on Jun, 7 2011 @ 09:36 PM
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reply to post by Illusionsaregrander
 


I do not understand what you speak of? please elaborate.
I have never said I was for security measures.
Plus the topic is the feds being crooked, not security.
I also believe alot of us have known for a long time that the fed has not been doing what is good for us.
Hope it helps.



posted on Jun, 7 2011 @ 09:39 PM
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Originally posted by xPLAGUEx
I have had a sneakin suspisicion for years since they started to advertise "buy ur gold we buy gold mail it in an envelope we send u cash back top dollar blah blah blah"that the government was up to no good.However I have another suspicion that it might involve the annunaki and trying to buy there freedom and places of power in this world.But thats just a theory


See my link



posted on Jun, 7 2011 @ 09:44 PM
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no, you don't seem to understand that the federal reserve runs this country lock stock and barrel.
if you think for one minute that they don't control the gold you really are just ignorant and naive



posted on Jun, 7 2011 @ 09:45 PM
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What is real is that every family in the US has a 530,000.00 share of US debt. Since the average US family probably makes 60,000.00 per year, if every family worked 9 straight years giving every dime to the government and getting in return 700.00 a month in food stamps, etc. then the debt could be eliminated. The truth is that no one is going to do that. Nor can you tax the rich or corporations because they don't have the money either. This is why that strange God of the jews created what was called a jubilee year where all debts were settled (i.e mass bankruptcy). Obviously someone (who ever God is) could do math. Compound interest leads to economic collapse because actual goods and services can never meet the expanding debt load. Given periodic recessions then GDP always suffers. # I should run for God with what we have out there now trying to hold all this together. So what does these 33rd Degree Mason's have for a solution. Well of course, leave us to fend for ourselves while they move into empty cities in China and Kazakastan while it all comes apart.



posted on Jun, 7 2011 @ 09:47 PM
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Originally posted by anumohi
no, you don't seem to understand that the federal reserve runs this country lock stock and barrel.
if you think for one minute that they don't control the gold you really are just ignorant and naive

There IS NO FREAKING GOLD. If you add up all the gold bars anywhere in circulation in the world I bet it is at about 5 trillion US dollars. Get off the gold thing. There isn't enough to make up the 60 trillion dollars in unfunded obligations of US citizens.



posted on Jun, 7 2011 @ 09:51 PM
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There is no Gold. All there is - is IOUs. The same with the money for Social Security. There is a filing cabinet in West Virigina that has a drawer full of IOUs that represent the money invested in Social Security. There isn't even any money for that. It has also been looted by Congress. There is No Gold. All there is is a few pieces of paper called IOUs. Bonds. Etc.



posted on Jun, 7 2011 @ 09:52 PM
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Originally posted by TheReturnisNear

Originally posted by anumohi
no, you don't seem to understand that the federal reserve runs this country lock stock and barrel.
if you think for one minute that they don't control the gold you really are just ignorant and naive

There IS NO FREAKING GOLD. If you add up all the gold bars anywhere in circulation in the world I bet it is at about 5 trillion US dollars. Get off the gold thing. There isn't enough to make up the 60 trillion dollars in unfunded obligations of US citizens.


back to being ignorant and naive again are we


there is ungodly amounts of gold in this country being mined out by the ton daily all over the US and alaska. most of its still intact under the ground being coveted by the government...where do you people come from????? CANADA??? AUSTRALIA, ENGLAND



posted on Jun, 7 2011 @ 09:56 PM
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Our world is governed by clowns behind a curtain. Chief clown is the Wizzard. It is called OZ. There is a wicked witch, their is Dorthy (Ron Paul would make a good Dorthy), and a tin man and a scare crow and so forth, and there is probably even a yellow brick road somewhere. But unless you go to Alaska and start a mining claim and get in on the Gold Rush, there is not enough Gold bars around the world to meet US debt obligations. Even the gold stolen from the World Trade Center amounts to what? Maybe 1.6 billion dollars in Gold Bars at today's prices? OK so whoever made off with the gold bars is rich. But our compounded interest in the debt has created a situation where there is no precious commodities mined and sitting on a shelf that can cover it. It is about 60 trillion dollars in unfunded obligations.



posted on Jun, 7 2011 @ 09:59 PM
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Originally posted by miniatus
reply to post by TheReturnisNear
 


exactly .. no gold since 1934 because it's not their job, the gold is with the treasury department in fort knox ... the original post even states that, so people are reacting to a non-issue.. the gold is precisely where it is supposed to be, under the treasury department in fort knox



Exactly...the Federal Reserve is just a shadow corporation for the Rothschild banking cartel.
Their job is to control the US money supply. They have no need for gold. The parent corporation
is where you'll find the gold...



posted on Jun, 7 2011 @ 10:00 PM
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reply to post by anumohi
 


Yes you are right, there is gold in this country but I would bet anything that it isn't in Fort Knox (at least any real quantities) or at the FED. The Federal reserve took all the gold in 1930 and plundered it. Only they know where the real quantities are, And I bet JP Morgan is involved along with the other big FED banks. (Nova Scotia, Wachovia, Bank of America, HSBC ect.)



posted on Jun, 7 2011 @ 10:02 PM
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We can make a new thread about how the federal reserve is evil and make theories about whether or not the gold is in fort knox .. however..

It's still, at least to me... wise to DENY IGNORANCE and that is what I'm doing by repeating the mantra..

The original post and the subsequent responses talk about how the fed admits it has no gold and people are stunned at this amazing revelation.. this is the part where we need to deny ignorance.. this thread is bunk for the simple fact that the federal reserve is not responsible for our gold reserves.. so the thread is pointless.. people who come in late and skip to the end aren't going to understand and it will perpetuate the idea that the fed was supposed to control our gold and now it's gone..

So one last time just to keep it a persistent thing in my journey to again, deny ignorance..

1. The fed is not responsible for the gold reserves
2. The treasury department is responsible for the gold reserves
3. The gold reserves are housed at Fort Knox, under the treasury department.. not the fed..
4. In summary: the fed should not have gold, and don't .. as they clearly said.. no news here

I think it's a bad idea to continue on this thread with the wrong idea.. the topic is about the fed not having gold and it's skewed far off the road from there..
deny ignorance


Should also be noted that the fed isn't part of the government, they are private .. the treasury is part of the government..
edit on 7-6-2011 by miniatus because: (no reason given)



posted on Jun, 7 2011 @ 10:04 PM
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Originally posted by Skerrako
reply to post by anumohi
 

The Federal reserve took all the gold in 1930 and plundered it.


Hm.. no the Fed handed control of the reserve over to the treasury department then .. they had the gold prior to that, if handing it over to the treasury is plundering then they're doing it wrong.



posted on Jun, 7 2011 @ 10:04 PM
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There is also a myth that China holds a large part of our debt. They have already divested of 97% of all they held in US debt. They are getting down to 100% divestment as their military becomes strong enough to defend their global interests and power projection and they write off US economic power. Will they lose their Walmart pipeline in a direct military conflict with the US? Perhaps, but did you think that they could also comandeer their Walmart logistics for invasion? America needs to wake up and take a look over their freaking shoulders and get off your stupid Gold kick.



posted on Jun, 7 2011 @ 10:09 PM
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reply to post by g146541
 


You were an avid supporter of the TSA in another thread, and said the only time you would complain about them doing searches of civilians was if they stopped your car at the roadside to do it.

Those are security measures.

The same people who are destroying our economy are also making sure by the time the majority of Americans notice whats going on, they have security systems in place that will prevent us from doing a damn thing about it.



posted on Jun, 7 2011 @ 10:10 PM
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Originally posted by miniatus
We can make a new thread about how the federal reserve is evil and make theories about whether or not the gold is in fort knox .. however..

It's still, at least to me... wise to DENY IGNORANCE and that is what I'm doing by repeating the mantra..

The original post and the subsequent responses talk about how the fed admits it has no gold and people are stunned at this amazing revelation.. this is the part where we need to deny ignorance.. this thread is bunk for the simple fact that the federal reserve is not responsible for our gold reserves.. so the thread is pointless.. people who come in late and skip to the end aren't going to understand and it will perpetuate the idea that the fed was supposed to control our gold and now it's gone..

So one last time just to keep it a persistent thing in my journey to again, deny ignorance..

1. The fed is not responsible for the gold reserves
2. The treasury department is responsible for the gold reserves
3. The gold reserves are housed at Fort Knox, under the treasury department.. not the fed..
4. In summary: the fed should not have gold, and don't .. as they clearly said.. no news here

I think it's a bad idea to continue on this thread with the wrong idea.. the topic is about the fed not having gold and it's skewed far off the road from there..
deny ignorance


Should also be noted that the fed isn't part of the government, they are private .. the treasury is part of the government..
edit on 7-6-2011 by miniatus because: (no reason given)


like the part where the fed controls all the gold by their certificates of value at $45 dollars a share


WAKE UP AND PAY ATTENTION



posted on Jun, 7 2011 @ 10:12 PM
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So if the Fed took their gold and gave it to the Treasury for an IOU worth 43.00 per oz. then why doesn't Ron Run at the Mouth Paul, ask the Treasury how much gold they have and where they keep it? I bet they don't have any either. I bet they sold it on the open market to banks at reduced prices. I bet there are a half dozen banks and another dozen entities with most of the gold. And of course the gold that was stolen from the World Trade center after it collapsed and where that went is anyone's guess (but it must have been around 1.6 billion dollars).

Again, there might be gold in the ground in Alaska, Afghanistan, Kazakstan, etc. etc. but actual Gold bars in investors hands does not meet US debt obligations.



posted on Jun, 7 2011 @ 10:15 PM
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like the part where the fed controls all the gold by their certificates of value at $45 dollars a share


WAKE UP AND PAY ATTENTION


Obviously, the Treasury was giving them a phoney IOU and even the Federal Reserve didnt come back with any good reason why it is at 45.00 a share. But then again good OL RON loves to hear himself speak so bad, that he didn't force the monkies to explain themselves. They basically sat there. Allowed Ron his campaign speech, then got up after basically saying or implicating themselves NADA and then went and ate an expensive lunch while laughing at Ron Paul.



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