reply to post by Maxmars
Wednesday, January 16, 2013 at 11:54 am
I guess it all depends on how you look at it.
Either this is all on the up-and-up or it isn't. Either this is a purely political show or it isn't. Either the gold is really there to be
repatriated or it isn't. It's up to you to decide.
Just three months ago, The Bundesbank labeled as "lunacy" the idea that German gold needed to be brought home. They announce today that they're
doing it anyway, Text
Is this just a political trick to mollify the German hoi polloi? Probably. It certainly doesn't upset
the status quo or shake the global banking system in the manner we'd all hoped.
However, you could also choose to look at it this way:
In preparation for The Great Reset, the Germans do desire to repatriate as much gold as possible but they also don't wish to bring about The
Reset any quicker than necessary.
So, they bring home "their French gold" but only do so at the rate of 50 tonnnes/year. Why? If it's just sitting in a vault and collecting
dust, why not ship it all home over the next few weeks? What's the big deal?
And why leave "their English gold" untouched? Is it because all gold stored at the BoE can be leased, hypothecated and rehypothecated many times
over, thereby making reclaiming it impossible?
And why bring back just 300 tonnes of "their American gold", again over the next 8 years? It shouldn't be that big of a deal to pull up a few
pallets of "barbarous relic" from below the streets of lower Manhattan, drive it over to JFK and load it onto an airplane bound for Frankfurt.
Hmmmm. Maybe, just maybe, their French gold is long gone and the Frenchy-French need some time to come up with new supply to pay them back? (
) Maybe the English gold has all been shipped to China and other points
East, where it has been resmelted into kilo bars with official Chinese insignia? ( www.tfmetalsreport.com...
) And maybe,
just maybe, the American gold is nothing but paper certificates and IOUs, no more valuable than claims on the GLD? (
So is the Gold still there, if it is it pure gold and not tungsten filled fake, has it been "pledged", is it in allocated or unallocated
bars....the list goes on. Is this for show only... Note that the talk is of repatriation in small amounts...We wouldn't want to trigger the the reset
button if all the chess pieces aren't ready yet