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Originally posted by Skerrako
reply to post by seaside sky
Im going to re post this as it is very important
Russia Says IMF Chief Jailed For Discovering All US Gold Is Gone
Looks like the wheels are starting to fall off
Originally posted by TheReturnisNear
This is why I can’t stand Ron Paul. Instead of forcing the culprits to speak and defend themselves, good Ol Ron Paul runs his mouth on and on and on like he is at some campaign rally. Rest assured the Fed culprits laughed about the whole episode at a steak lunch because they basically had to say NOTHING.
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.
Originally posted by anumohi
Hitler hid all his gold in undisclosed mines and banks all over the globe, same as the Vatican. the reason the gold is no longer the standard is that its easier to steal it if we don't know how much there is or where its really being kept
edit on 7-6-2011 by anumohi because: (no reason given)
Originally posted by restlessbrainsyndrome
reply to post by LexiconRiot
I was just telling my husband that same thing last night. It is almost like we are being pushed to our limits, as though we are being guided to self-destruct.
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)
The United States Bullion Depository holds 4,578 metric tons (5046 tons) of gold bullion (147.2 million oz. troy). This is roughly 2.5% of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 7,000 metric tons (7716 tons) of gold bullion (160.8 million oz. troy), some of it in trust for foreign nations, central banks and official international organizations.