Thursday, January 17, 2013

Where is Germany's gold?


Some refreshing common sense from an apparent American in London, via -- who else -- Russia today, or RT:

http://www.realecontv.com/videos/gold/germany-wants-its-gold-back-from-the-fed.html
Germany wants its gold back from the Fed
but it may not be there

Wow, the system of transporting country A's gold to country B's room in the master vault under the streets of lower Manhattan to pay debts as they come up -- it's a relic of the days when most countries were on the gold standard, but that ended 40 years ago! Nowadays maybe they just send an empty railroad train across a border to keep accounts square -- all that thin air would be a perfect representation of the intrinsic value of today's national currencies, pretty much everywhere.

ANUNews -- who else -- is definitively following this story. Links from it:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/17_James_Turk_-_Germanys_Gold_Is_Being_Held_Hostage_1.html
James Turk - Germany’s Gold Is Being Held Hostage

......“It’s quite clear that the German gold is being held hostage.  They are not getting what they want.  They are getting what the Federal Reserve is telling them they can have.  The fact that they are doing it over 7 years rather than 7 weeks, is just an indication that gold probably isn’t in the Federal Reserve, and the Federal Reserve doesn’t want to have to go out and buy it overnight to fulfill the German demand.  They are trying to stretch it out as long as possible in order to keep gold prices controlled”......

Now wouldn't that be just like the fedgov we all know and love to tell Germany they can have it back spread over seven years and take a flying leap if they don't like it! This is the crowd that instantly shipped one out of every thousand ameriKans to Afghanistan to start the "war" on "terror", but whenever you want to talk bringing those ameriKans back home where they belong for good, it's a shrug of the shoulders, a slap of their forehead and sheepish statements like "Waaalllll, these things take time, ya know. It's a huge operation to move six figures of people and their equipment somewhere!"

I remember the late Vietnam War period. Everybody from leftist hippies to "our boys''' relatives were vehement that the so-called war be written off as a total loss and the troops brought home. In unison, or should one say lockstep, prostiticians and media mavens pouted "What a tough call -- you know, we're not even sure how that would be possible...." There were even editorials and discussions probing how this supposedly novel, oddball idea could ever be attempted. End of discussion until Tricky Dick Nixon was looking to get re-elected, and late in his term he made good on his four-year-old promise to end the ridiculous, tragic mess of an engagement. 

More ANUNews.net "gold" -- let's hear it for 'em:

http://www.zerohedge.com/news/2013-01-16/all-aboard-gold-repatriation-train-first-germany-next-netherlands
All Aboard The Gold Repatriation Train: First Germany, Next: The Netherlands?

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/\/.\/\/.  torpenhow@charter.net


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