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Germany, Europe’s financial leader and owner of the world’s second-largest gold stockpile, demanded the United States’ Federal Reserve return over $200billion dollars’ worth of gold reserves to the German central bank. This rush for commodities, gold and precious metals in particular, are an indicator of a global loss of confidence in American fiat money, even despite its status as the world reserve currency. Public figures such as Ron Paul have correctly stated that people naturally move towards commodities such as gold and silver when confidence in a currency is lost; and Germany is no exception. But why is this happening?
Originally posted by pacifier2012
Staged massacres!!!
Man your loopy
Originally posted by NeoVain
reply to post by hawkiye
Uh-oh, this is not good, remember what happened the last time someone wanted their gold back? (China)
That´s right, prepare for a new 9-11 anytime soon guys, in order to shift focus somewhere else.
They closed this valuable source of information after my last posting related to the Brazilian central bank started replacing its US$ 400 billion dollars international reserves with gold reserves.
That really scared the Federal Reserve at a time when they are flooding the market with trillions of US dollars and turning the US dollar into confetti.
In that thread there is a lot of information that the Federal Reserve and US Treasury doesn't want you to see it. It doesn't make sense for the manager of the Elite Trader forums to close one of its most popular threads with all that valuable information in one place, and it will become even more valuable in 2013 when the “Currency Wars” move to a higher gear.
Originally posted by Libertygal
reply to post by HenryNorris
It's official!
We suck!
Obama has really changed things.
Originally posted by Tardacus
What happens if their is a run on the fed for gold and they don`t have the gold to give back to all the countries that want their gold back?
Those guys are crooks I wouldn`t be surprised if they didn`t already steal all the gold for themselves.
Treasury: We won’t mint a platinum coin to sidestep the debt ceiling
Posted by Ezra Klein on January 12, 2013 at 3:32
The Treasury Department will not mint a trillion-dollar platinum coin to get around the debt ceiling. If they did, the Federal Reserve would not accept it.
That’s the bottom line of the statement that Anthony Coley, a spokesman for the Treasury Department, gave me today. “Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of platinum coins for the purpose of avoiding an increase in the debt limit,” he said.
Originally posted by Dustytoad
Originally posted by Libertygal
reply to post by HenryNorris
It's official!
We suck!
Obama has really changed things.
Haha.. He's good but he's not THAT good.. He had help from Biden, Bush, Cheney, Clinton, papa Bush, and many more... I'm a Ron Paul guy myself, but this has been a long time coming.. A long time planned it seems..
edit on 1/16/2013 by Dustytoad because: (no reason given)
Originally posted by Libertygal
You are absolutely correct, but Obama has been spending a mint, pun intended... He hs done a lot on his lonesome.
Originally posted by Dustytoad
Originally posted by Libertygal
You are absolutely correct, but Obama has been spending a mint, pun intended... He hs done a lot on his lonesome.
There are not many more moves left to make.. We are in check mate season.. I just wish I had some food saved up.. I've warned all those I know who have their money as paper or digital assets in USD.. I have no assets so, yay..