Gold Gone? Germany baffled as Fed bars access to bullion

[flyingcrocodile46]

They have been told that the Fed won't be able to return all of it until 2020.

I heard about this a week ago and was informed that the fed leased all of the gold it had to the bullion merchants in exchange for a share of the profit made from trading with it. Apparently the bullion banks have to buy it back (without driving the price up) and return it to the fed so that they can return it to Germany. That is said to be why it is going to take 7 years for the fed to return their customers money.

Unfeckingbelievable http://www.thegsresources.com/_forum/images/smilies/eek.gif Apparently a lot of other countries have their Gold reserves stored at the fed. http://www.thegsresources.com/_forum/images/smilies/eek.gif
http://youtu.be/NyemAwLD2N0
Russia Today aren't in the habit of spreading disinformation like the western news media do.... but I hope they are all wrong.
Holy snapingarseholes batman. This could be it.

As usual, don't believe me, do your own research


http://youtu.be/NyemAwLD2N0

[Oblivion]

I've known that the US Federal Reserve has been a joke for a long time. It makes its money in the same way that Banks do, by selling assets that don't exist, and recouping extra money on interest made from these imaginary assets, along with the original sum that they lent out. But on a much much much grander scale.

I wouldn't be surprised if 100 people owned the same block of gold that is held within the Reserve. Good luck getting what you paid for there......:rolleyes:

[ellipsis]

...bugga...does that mean we have to save even more water...ahh fuk...

[tri boy]

...bugga...does that mean we have to save even more water...ahh fuk...

Collecting extra ammo maybe more "real world".
Bet Joe Merica citizen is.

[Akzle]

yaaaaaaaayyy!!