There hasn't been a real audit of US gold reserves in more than 70 years, and many of us suspect that it is near zero...The Treasury and Fed will resist any efforts to discover what they are...But Martin Armstrong points to war as being the primary driver of gold prices..The current rise suggests that people in the know are expecting a major war to break out.....
There hasn't been a real audit of US gold reserves in more than 70 years, and many of us suspect that it is near zero...The Treasury and Fed will resist any efforts to discover what they are...But Martin Armstrong points to war as being the primary driver of gold prices..The current rise suggests that people in the know are expecting a major war to break out.....
It has long been rumoured that there is nothing in Fort Knox except cobwebs and an echo - and maybe cocaine.
Looking at the history of manipulation (ie, suppression) of the gold price by the US government through the COMEX and elsewhere over the last 50 years, it is hard to imagine that any gold the Fed does hold is not rehypothecated to infinity. I wonder how many parties believe they are the sole owner of every bar in the FRB vault?!
It is also because their Kind have milked their paper I. O. U notes for all they can get. As their fraud system collapses, as a last ditch effort, they have been using their worthless Debt Note Legal Tender Conjured Currencies to ‘buy’ Gold. Its a great deal for their Kind… allegedly “buying” and allegedly “Paying” for Gold with worthless bits of paper. Can you lawfully buy snd own anything by giving an I. O. U with no payment date on its face?
The people who own the fed and other central banks already have the bulk of the gold supply under control. If the fed bought gold they masses might be under the impression that it was public property.
The Fed recently appears to have lost control of the gold price as international demand for physical bullion may be exceeding the Fed's ability to manipulate the price down on the COMEX.
And yet many professional market commentators/analysts profess to being puzzled by the lack of volume in the COMEX gold contract together with the recent decline in Open Interest as the price rose strongly into new high ground.
Is that right? I don't pay attention to any MSM drivel, but it makes sense they'd be stringing along the idiot WSJ readers. In 2006 fed shill Greenspan was telling the plebs to buy real estate as soon as possible because prices would only continue to go up, and not only that, but to get adjustable rate mortgages while the banksters were shorting MBS all day long. A couple years later that worked out very well for them. Who could've known?
The Fed is currently the only central bank still selling gold. They have been doing so since the 1970s to flatter the value of the paper dollar. The reason the gold price is currently rising is because some central banks (eg, BRICS/SCO) are losing confidence in the dollar and selling dollars to buy gold.
There hasn't been a real audit of US gold reserves in more than 70 years, and many of us suspect that it is near zero...The Treasury and Fed will resist any efforts to discover what they are...But Martin Armstrong points to war as being the primary driver of gold prices..The current rise suggests that people in the know are expecting a major war to break out.....
It has long been rumoured that there is nothing in Fort Knox except cobwebs and an echo - and maybe cocaine.
Looking at the history of manipulation (ie, suppression) of the gold price by the US government through the COMEX and elsewhere over the last 50 years, it is hard to imagine that any gold the Fed does hold is not rehypothecated to infinity. I wonder how many parties believe they are the sole owner of every bar in the FRB vault?!
It is also because their Kind have milked their paper I. O. U notes for all they can get. As their fraud system collapses, as a last ditch effort, they have been using their worthless Debt Note Legal Tender Conjured Currencies to ‘buy’ Gold. Its a great deal for their Kind… allegedly “buying” and allegedly “Paying” for Gold with worthless bits of paper. Can you lawfully buy snd own anything by giving an I. O. U with no payment date on its face?
Good point, but I haven't heard that the Fed is buying gold, though they should be...
The people who own the fed and other central banks already have the bulk of the gold supply under control. If the fed bought gold they masses might be under the impression that it was public property.
The Fed recently appears to have lost control of the gold price as international demand for physical bullion may be exceeding the Fed's ability to manipulate the price down on the COMEX.
Whatever bullion is in the market is being bought up as a lot of people know fiat is about to collapse, so it makes sense the price is spiking.
And yet many professional market commentators/analysts profess to being puzzled by the lack of volume in the COMEX gold contract together with the recent decline in Open Interest as the price rose strongly into new high ground.
Is that right? I don't pay attention to any MSM drivel, but it makes sense they'd be stringing along the idiot WSJ readers. In 2006 fed shill Greenspan was telling the plebs to buy real estate as soon as possible because prices would only continue to go up, and not only that, but to get adjustable rate mortgages while the banksters were shorting MBS all day long. A couple years later that worked out very well for them. Who could've known?
The Fed is currently the only central bank still selling gold. They have been doing so since the 1970s to flatter the value of the paper dollar. The reason the gold price is currently rising is because some central banks (eg, BRICS/SCO) are losing confidence in the dollar and selling dollars to buy gold.