Germany Takes Back Gold: US Dollar Collapsing

Germany seem to have a Gift Voucher they can' t cash in? Question is....... How long before we see the Administrators?
It doesn't' surprise me what with talk of Impeachment so early into the second term merely being the icing on a very wrong cake..... Germany now realise they've left their gold in the hands of cowboys ..... The name Cowboy has a different meaning here in Europe as opposed to its actual meaning in the US.
To put it simply would you trust your Gold/Money in a place where they can't ensure its safety from the general populace because of their Amendments. These Amendments are even worth more than the lives of their own population, of which they are supposed to serve.

Originally posted by evc1shop
reply to post by Lord Jules

 

Here's an idea, maybe the gov't will find a way to raise the price of gold so much that we only have to give them a sizable fraction of what we owe, then when the gold somehow drops in value soon after they accept their shipment, Oops!, we can look back at how much we saved.

I believe we already did that exact thing, like back in the twenties.

Fractional Reserve Banking is what the Federal Reserve is known for.............. Think about that Bullion or lack of.

If Fort Knox has been looted by previous administrations, where did it go? Who was it paid to, or who's hoarding it? When the Fed denies Germany access to visually account for their Governments gold, doesn't that wreak of conspiracy ....con $ piracy

reply to post by nOraKat


The US really has played this well...i gotta take my hat off to them.

What better way to get all the planets gold, or most f it than to offer to prtect it under the mighty US military for FREE...then when no one is looking, throw the world into turmoil, start wars, kill innocent people and bring the world too its knees...all the while still with everyones Gold. The world economy collapses...but wait...who has all the gold? Hmmmm US of A.

If i had my gold there too...i'd take it back.

China,
Germany,
"who's next"...

7 is significant. So is the 49rs in the Super Bowl. There are no coincidences

Originally posted by flexy123

Originally posted by VitriolAndAngst
Likely Germany just wants the Gold. More of an example of THEIR economic crisis.

HAHAHAHA.

You know what? I wanted to make a thread yesterday about the German economy.

Germany has a RECORD economy right now, there was a report in the German, big paper "BILD" a few days ago. Sorry I am too lazy to translate this article.

RECORD low employment rate, and the state made 2b profit in 2012.
Germany is looking forward to even more growth in 2013 - and I myself when I read the article my own jaw even dropped.

www.bild.de...

Short: Germany is expecting growth and record income.

According to all the economists I keep seeing on TV -- Germany should have collapsed by now; high wages, tariffs on imports, socialism, medical and education, and oversight on corporations.

Probably the reason they want their gold is to hedge off the economic collapse due to not having huge tax breaks for the wealthy, no major wars and of course, not letting banks speculate in the market (I'm only assuming since all the other conditions represent an economic nightmare).

My first thought was, "Germany wants its gold back, that shows a lack of confidence in America's financial future, or a lack of confidence in the Euro, which is just as bad."

Then I thought: "Wait. If Germany's agreeing to a 7-year repatriation, it can't be that serious. They're in no hurry."

And THEN I thought, "Unless there's no gold at all, in which case, Germany has just demonstrated to the world that the dollar is backed up with wishes, cotton candy and unicorn farts."

Why can't the US pay it back immediately? Can someone smater than I in economics give me a good reason? Because from here, it looks like we don't have Germany's metal, and that amounts to theft or fraud.

Theft of national assets on that scale is an act of war, no?

reply to post by tide88


This is the most dilusional statement i've read so far on this thread, US has NO gold reserves, the Fed has no gold reserves, 16,5 TRILLION in debt and rising, and you seem to think the USD is the strongest currency...

please may i have some of the stuff you are taking/smoking, i want to escape the real world as well

I know what to do.

Give them an 800 number to call, for a phone bank in India.

Tell them they have to call there for customer service.

I was reading about this the other day, during the thread about WW2, and how finances affected the war and how WW2 and certain global financial aspects are still affecting nations even now. A lot of these debts and go far back to WW1 and before.

Germany is very astute financially and in many other ways, it went from being bust to leading the financial way in Europe. The 'at risk' status of economies of places like France and Italy has a domino effect on trade around Europe and hence globally.

Wouldn't financial institutions ran by the state and strongly monitored and regulated by a fair, uncorruptible and unbiased overseer now be the most viable solution.

There were talks of how Europe's finances affecting America's credit rating even in 2011, so this move has been on the cards for a while.

www.dailymail.co.uk...

Yesterday’s crisis meeting between Angela Merkel and Nicolas Sarkozy was arranged before the participants knew of the disastrous growth figures in the Eurozone that emerged in the morning.
The background to the meeting was last week’s tumult in the world financial markets. Shares had gone into freefall after the downgrading of America’s credit rating.
Worse than that, however, were the tremors rattling some of Europe’s most important banks, notably in France, caused by further evidence of the utter failure of even the more developed European economies to live anything like within their means.

www.bankrate.com...

Europe's recession is no coincidence. These three problems feed off one another, depressing the EU economy, says Michael Klein, professor of international economic affairs at The Fletcher School of Law and Diplomacy at Tufts University.

"These are all interconnected because some of the bad assets that banks have are government loans, for instance, to Greece, where there's a very high chance or certainty that the money won't get fully repaid," says Klein.

"So the banking crisis leads to less lending by banks, which leads to a slowdown in economic growth. All three aspects of it -- the sovereign crisis, the banking crisis and the slow growth -- reinforce each other, and it makes it difficult because you can't solve one. You have to solve all three," he says.

Hits Americans in the pocketbook
Participating in the global economy has benefits, but it also comes with perils in that economic catastrophes on the other side of the world can have real impacts here at home. For instance, the European debt crisis and recession affect American exports and the stock market. There are consequences for global trade and possibly for the American financial system as well.

"Exports are an important source of the American recovery, so if Europe tanks, there will be fewer exports to Europe, and that will hurt American manufacturing," Klein says.

Not only does the European debt crisis directly affect American exports, it impacts other areas of the global economy, which further drags on growth here at home. For instance, "The recent slowdown in China has been attributed to weakness in Europe," Klein says.

"Europe being in a prolonged recession has caused the global economy to slow down. And that has an indirect effect here in the United States in terms of adding to our unemployment problems. If worldwide demand were higher, there would be more jobs created for American workers," says William R. Gruver, the Howard I. Scott clinical professor of global commerce, strategy and leadership at Bucknell University in Lewisburg, Pa.

Europe is not an insignificant part of global demand. Germany's economy alone is the fourth largest in the world, by nominal GDP, followed closely by France, but collectively the economies of all 17 euro-area countries are nearly equal to that of the United States, at about $13 trillion versus $15 trillion for the U.S. according to data from the International Monetary Fund for 2011.

Money As A Religion
The above-detailed process has become so ridiculous that William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, "Secrets of the Temple: How the Federal Reserve Runs the Country" that details how the Controllers have conditioned us to accept this absurd situation.

To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant. The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
"
Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.
"
Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE! Now, money really IS only paper!!! In the past, money was supposed to represent something of tangible value.
Now it's simply paper!
Taken one step further, many of us don't even use paper money any more! Why? Well, here's a scenario. Many places of employment directly deposit their employee's paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner's card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money.

Originally posted by cornucopia
Money As A Religion
The above-detailed process has become so ridiculous that William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, "Secrets of the Temple: How the Federal Reserve Runs the Country" that details how the Controllers have conditioned us to accept this absurd situation.

To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant. The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
"
Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.
"
Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE! Now, money really IS only paper!!! In the past, money was supposed to represent something of tangible value.
Now it's simply paper!
Taken one step further, many of us don't even use paper money any more! Why? Well, here's a scenario. Many places of employment directly deposit their employee's paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner's card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money.

All too true.

I made a thread last night about how Oxfam are addressing a global conference on risks in 2013 and global finance. They are appealing for the laws regarding taxes and banking being altered as a means of addressing the huge variances in those that have mega billions to those suffering extreme poverty and how the system has set it up that these extreme high earners getting richer only serves for making others having less ability for rising above poverty. Basically the system is creating such vast differences.

I think they should appeal to the general public for votes and media attention and maybe something practical might be done for bettering the world.

The thread has no comments, perhaps that is typical of the overall situation. No one gives a damn.

Originally posted by theabsolutetruth

Originally posted by cornucopia
Money As A Religion
The above-detailed process has become so ridiculous that William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, "Secrets of the Temple: How the Federal Reserve Runs the Country" that details how the Controllers have conditioned us to accept this absurd situation.

To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant. The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
"
Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.
"
Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE! Now, money really IS only paper!!! In the past, money was supposed to represent something of tangible value.
Now it's simply paper!
Taken one step further, many of us don't even use paper money any more! Why? Well, here's a scenario. Many places of employment directly deposit their employee's paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner's card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money.

All too true.

I made a thread last night about how Oxfam are addressing a global conference on risks in 2013 and global finance. They are appealing for the laws regarding taxes and banking being altered as a means of addressing the huge variances in those that have mega billions to those suffering extreme poverty and how the system has set it up that these extreme high earners getting richer only serves for making others having less ability for rising above poverty. Basically the system is creating such vast differences.

I think they should appeal to the general public for votes and media attention and maybe something practical might be done for bettering the world.

The thread has no comments, perhaps that is typical of the overall situation. No one gives a damn.

i care, link me to your thread

thank you for being you

hey, didn't the dollar collapse in 2012 ? 2011 ? 2010 ? 2009 ? 2008 ?

geez.

well, one day you'll be right

go you ?

Thank you.

And thank you for being you

The thread is here www.abovetopsecret.com...

Originally posted by skorpius
reply to post by Symbiot

 

I see, but as a race we have proven with History, we tend to repeat the same mistakes, who's to say we are not stuck in this evolutionary loop/Trap. There are so many paths to make a better existence. Are we virtually following the same path every million years or so. Then rinse and repeat. How can we assure we will be able to break this loop or detect if any passed humans managed to break free so we can join them?

edit on 17-1-2013 by skorpius because: (no reason given)

Realize that we, as humans, are not knowledgeable enough to run the world. Rather than put our faith in world leaders who only ever run us in circles, not by design, but via lack of knowledge, put our faith in the individual to govern his own self. We put our faith in ourselves in respect to our individuals lives and put our faith in the universe, nature, God, whatever you want to call it, to govern the race as a whole. Our many failed attempts to create a sustainable civilization is proof that we simply lack the capability to plot a viable course for humanity's future, however nature has proven that it is able to create a sustainable and long lasting environment for which life can flourish. Nature proved this by creating the universe. So I say let's put our faith in nature.

Originally posted by gman1972
reply to post by Symbiot

 

But it isn't a deposit though is it? It isn't gold in US circulation, it isn't gold that's on the balance sheet, it's gold that they are guarding/storing right? Just like my friend giving me money to look after, it isn't mine, I don't treat it like it belongs to me and when he takes it back it makes no difference to me. Is that not true in this case, or do you think Germany gave them the gold to play the stock market with, spend on themselves and basically piss away?

I guess I couldn't say for sure other than I've known the US to be more of a this for that type of nation. That is to say I wouldn't imagine the US would simply do for Germany without expecting Germany to give them something in return. If Germany is paying the US to store their gold, allowing the US to invest the gold or something else I don't know. Even if the US isn't receiving something in return it still shows a lack of faith in the US from Germany's perspective I think.

Why do u all think america doesnt have it? Ô.o

Originally posted by syrinx high priest
hey, didn't the dollar collapse in 2012 ? 2011 ? 2010 ? 2009 ? 2008 ?

geez.

well, one day you'll be right

go you ?

The dollar has been collapsing for the last 100 years.

Hyperinflation is inevitable, timing however is unknown.

Do the old Sumerian tales about us being created simply to assist in mining gold, which the creators require, come to mind when you see the whole planet running around grabbing it all up and stockpiling it? Stockpiling it for what? For pickup?

Originally posted by Snsoc
Why can't the US pay it back immediately?

What makes you think that? They could if Germany wanted it back immediately...