Author Topic: germany and the gold  (Read 7457 times)

zahc

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germany and the gold
« on: January 09, 2014, 07:59:51 PM »
Has anyone heard anything about the germany gold situation? Everything I have come secondhand or through the paleomedia.
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RoadKingLarry

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Re: germany and the gold
« Reply #1 on: January 10, 2014, 12:56:57 AM »
Which German gold story? The one about Germany wanting their gold from Ft Knox and we can't find it or one of the ones about Nazi looted gold from WWII?
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Sindawe

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Re: germany and the gold
« Reply #2 on: January 10, 2014, 01:00:10 AM »
The only thing I've heard about this was on Glen Beck tonight in reference to last night's show.

http://www.theblaze.com/stories/2014/01/08/cataclysmic-what-you-probably-didnt-know-about-germany-getting-its-gold-back-from-the-federal-reserve/

If he's right, this could turn out very bad, very bad indeed.
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Viking

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Re: germany and the gold
« Reply #3 on: January 10, 2014, 01:35:20 AM »
The only thing I've heard about this was on Glen Beck tonight in reference to last night's show.

http://www.theblaze.com/stories/2014/01/08/cataclysmic-what-you-probably-didnt-know-about-germany-getting-its-gold-back-from-the-federal-reserve/

If he's right, this could turn out very bad, very bad indeed.
The question arises - if the German's actual gold (the one with their name on it) isn't in Fort Knox...where the hell is it then?
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Regolith

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Re: germany and the gold
« Reply #4 on: January 10, 2014, 01:35:59 AM »
The only thing I've heard about this was on Glen Beck tonight in reference to last night's show.

http://www.theblaze.com/stories/2014/01/08/cataclysmic-what-you-probably-didnt-know-about-germany-getting-its-gold-back-from-the-federal-reserve/

If he's right, this could turn out very bad, very bad indeed.

It looks like his entire thesis hangs on this:

Quote
“Subprime crisis, do you remember that?” Beck asked. “Imagine that crash on a global scale, and instead of houses it’s gold, which backs all of our money, and gold that is not really owned by anyone. Our money becomes worthless.”

The problem is, our money is NOT backed by gold. Hasn't been since we went off the gold standard in 1976. It's pure fiat currency currently.
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freakazoid

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Re: germany and the gold
« Reply #5 on: January 10, 2014, 01:37:44 AM »
It wasn't that long ago that they tried to see and do an audit on their own gold and the Fed wouldn't let them.
« Last Edit: January 10, 2014, 01:44:48 AM by freakazoid »
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Viking

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Re: germany and the gold
« Reply #6 on: January 10, 2014, 01:40:40 AM »
It wasn't that long ago that they tried to see do an audit on their own gold and the Fed wouldn't let them.
I remember this, and I also remember thinking "the gold is gone".
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Fly320s

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Re: germany and the gold
« Reply #7 on: January 10, 2014, 07:40:48 AM »
Beck with a beard looks odd. Like a mash-up of an Amish Santa and the kid from A Christmas Story.
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brimic

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Re: germany and the gold
« Reply #8 on: January 10, 2014, 08:37:23 AM »
Quote
The question arises - if the German's actual gold (the one with their name on it) isn't in Fort Knox...where the hell is it then?
China?

If any of this is true, we totally boned the Germans along with anyone else with gold deposits.
Short of all all out nuclear war, there isn't much that those countries could do. Their house of cards currency is tied to our house of cards currency, blow one over and they all collapse.
Lets get this party started already.
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charby

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Re: germany and the gold
« Reply #9 on: January 10, 2014, 08:44:19 AM »
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brimic

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Re: germany and the gold
« Reply #10 on: January 10, 2014, 10:08:54 AM »
"now you see that evil will always triumph, because good is dumb" -Dark Helmet

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AJ Dual

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Re: germany and the gold
« Reply #11 on: January 10, 2014, 10:19:51 AM »
Beck with a beard looks odd. Like a mash-up of an Amish Santa and the kid from A Christmas Story.

I was going to say the same thing.  :lol:
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Re: germany and the gold
« Reply #12 on: January 10, 2014, 10:21:29 AM »
It wasn't that long ago that they tried to see and do an audit on their own gold and the Fed wouldn't let them.

This is the first I've heard of this story at all, but, whaaa...t? How was that justified? I would think that would be "International Incident" material. I'd love to find some more historical references on this subject.
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charby

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Re: germany and the gold
« Reply #13 on: January 10, 2014, 11:24:07 AM »
Lolz.  :rofl: :rofl: :rofl: :rofl:
You're trolling right?

Not trolling, just being funny in a way.

Everyone always says the gold is in Ft Knox, well it is also stored in other places too.
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Nick1911

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Re: germany and the gold
« Reply #14 on: January 10, 2014, 11:41:01 AM »
This would be why I advise against buying gold on paper instead of taking physical possession.

Way more people in the world think they own gold then gold exists.

brimic

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Re: germany and the gold
« Reply #15 on: January 10, 2014, 12:05:54 PM »
Quote
Everyone always says the gold is in Ft Knox, well it is also stored in other places too.

Or purportedly stored...

If I lend something to someone and ask for it back or at least to see it out of sudden distrust and they refuse to show it to me, I can only assume that its either broken or no longer in their possession.
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tokugawa

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Re: germany and the gold
« Reply #16 on: January 10, 2014, 12:50:25 PM »
The German gold is supposedly in the Fed in NY- (which is one of the largest gold repositories in the US) they sent a few (300?) hundred tons there for "safekeeping" or something , I think in the 60's.
 They had requested an audit, and physical examination.  The fed refused.
 They asked to have the gold repatriated, all at once- the Fed said, no, but we can ship you 37 tons per year.
 The first shipment apparently was melted and recast in the US before shipment.
 
 so- the Germans have no idea if-the gold is there at all, if the Fed refused to ship because they don't have it, or because it is backing up something else, and the original ingots are long gone. The exact same questions have been raised about fort knox- as the last  audit was many years ago.

 This is all stuff I have picked up from various sites, obviously I have no way to verify .
 Here is some more info-

 http://thesilicongraybeard.blogspot.com/2014/01/the-curious-case-of-german-gold.html
 
« Last Edit: January 10, 2014, 02:39:55 PM by tokugawa »

zahc

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Re: germany and the gold
« Reply #17 on: January 10, 2014, 12:59:45 PM »
Suppose the gold was really recast.
--Why would the US deliberately recast the gold?
--If it assayed, why would Germany care? Did the agreement state that no recasting was allowed?

Suppose they are simply different bars

--why would the US ship them different bars? The only reason is that the originals are gone.

deeper question:
Why the heck would they give it to us? Is this kind of thing common?
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Re: germany and the gold
« Reply #18 on: January 10, 2014, 01:03:14 PM »
deeper question:
Why the heck would they give it to us? Is this kind of thing common?


I would speculate that it removed one reason for the eastern block to invade West Germany.
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Re: germany and the gold
« Reply #19 on: January 10, 2014, 01:22:22 PM »

Glenn Beck is specifically paid to fearmonger on behalf of Goldline. FUD or "paid spokesman" depending on your perspective. But anyways, anything Mr Beck says regarding gold should be viewed with a heavy amount of suspicion. Notice the odd amount of Goldline advertising in the linked article?

http://www.goldline.com/goldline-testimonials


That said, Treasury and Federal Reserve have BOTH played very very very tight with allowing anyone to see the gold. And in the case of blind, fearmongering, FUD spewing paid spokesman finding the nut, yes, we do need accountability from the Federal Reserve.
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charby

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Re: germany and the gold
« Reply #20 on: January 10, 2014, 01:47:48 PM »
Suppose the gold was really recast.
--Why would the US deliberately recast the gold?
--If it assayed, why would Germany care? Did the agreement state that no recasting was allowed?

Suppose they are simply different bars

--why would the US ship them different bars? The only reason is that the originals are gone.

deeper question:
Why the heck would they give it to us? Is this kind of thing common?


I wonder if the gold was NAZI marked
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charby

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Re: germany and the gold
« Reply #21 on: January 10, 2014, 02:30:14 PM »
Russia doesn't like giving up gold either

http://en.wikipedia.org/wiki/Romanian_Treasure
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HankB

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Re: germany and the gold
« Reply #22 on: January 10, 2014, 02:43:02 PM »
I remember reading a story a few decades ago that said a LOT of gold was stored underground in banks in NYC. When countries exchanged the gold, it basically meant that X bars from Lower Slobovia were piled on a hand cart in the Lower Slobovian gold storage room, trundled down the hall to the Upper Volta gold storage room, and unloaded there. Entries were made in a record book, and the transaction was considered complete.

Now, if something fishy happened and some country's gold is unaccounted for or missing (and this thread is the first I've heard of it) . . . that ought to be a big, BIG story.

With stupendous repercussions.
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tokugawa

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Re: germany and the gold
« Reply #23 on: January 10, 2014, 02:43:40 PM »
The obvious reason to recast the gold is because it is not what came to them from the Germans originally.
 The obfuscation explanation surrounding it is interesting- read the link I posted- he goes into a lot more detail-

 

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Re: germany and the gold
« Reply #24 on: January 10, 2014, 02:58:18 PM »
I remember reading a story a few decades ago that said a LOT of gold was stored underground in banks in NYC. When countries exchanged the gold, it basically meant that X bars from Lower Slobovia were piled on a hand cart in the Lower Slobovian gold storage room, trundled down the hall to the Upper Volta gold storage room, and unloaded there. Entries were made in a record book, and the transaction was considered complete.

Now, if something fishy happened and some country's gold is unaccounted for or missing (and this thread is the first I've heard of it) . . . that ought to be a big, BIG story.

With stupendous repercussions.

I remember seeing a show on Discovery/TLC/Something Cable Channel that was along the same lines, but it was in the Fed Reserve Bank in NYC.  Back in the late 1980's my brother worked (during the summer) for Chase Bank, in NYC, and his department had to go audit the bank's silver every month.  They didn't do the gold as they weren't high enough in the pecking order.
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