THE LIST HAS GROWN: SWITZERLAND, THE NETHERLANDS, AND ECUADOR JOIN GERMANY IN CALLS FOR AUDITS OF THEIR GOLD

oh shit thats funny i forgot about that clip...that episode need to forwarded to the requesting countries

From my thread: Thread: The Cash Crunch: The Short Version...

They're buying our economy at pennies on the dollar every time they roll over the system...

It takes a criminal genius to build a scam like this. First, in the great depression you outlaw investment grade gold by executive fiat, soak everyone who turns in their one ounce gold eagles for a $20 sawbuck for a one time forty percent hit when they revalue the gold they turn in at $34 dollars per ounce, but you tell them, don't worry, your paper is still backed by gold.

Then in 1972 Nixon takes the dollar off of the gold standard, but maintains the supremecy of the currency through the Petro-Dollar system. Meanwhile, a few years later we move from deflation prior to the removal of the gold standard, to double digit inflation after the removal of the gold standard. Soaking the people for even more of their money...

Now they're going to tell people that they're going to have to turn in their old fiat currency for a commodity backed currency, and that they'll have to pay (a guess here) two hundred dollars of the old fiat currency for one hundred dollars of the new basket of commodities based currency...

Or, they'll just cut the amount in your bank account in half, meanwhile, the commodities (that they own physically) will double in value...soaking the people once again...

This is Keynesianism refined to a criminal art form...

South park knew all along, countries never learn.
Or did they know and we are watching a muppet show? Most of the Greek gold is gone just before the euro entry, everybody knows here that is gone and for sure we don't expect it back.

The theft of Germany's gold has been a long standing tradition.
Here is an interesting article with pictures.
[link to www.outsider-trading.com]

Excerpt:

In 1920 Germany’s Hjalmar Horace Greeley Schacht was on a visit to the Federal Reserve Bank to view German Gold held by the bank but after a period of time the German Reichsbank gold could not be found.

Germany’s long history with gold goes back to World War II where the Nazi’s were known to steal art and valuables from their Jewish residence. Below is a photo Gallery of some of their gold. And while most of the material has been recovered the search for much of the gold continues.
There is reason to believe that the Nazis stored large quantities of gold, silver, and art in tunnel systems in the Austrian mountains.

Gold Rings worn by the SS have largely gone unaccounted for with the current value of these rings totaling $90,000,000.
There is speculation that a good deal of the Nazi treasure may lie at the bottom of lake Toplitz where millions of pounds of Nazi Counterfeit notes are known to lie and many believe they dumped large quantities of their treasure prior to being defeated.

A large quantity of gold recovered at the Oradour-sur-Glance Massacre has never been recovered although a book by one individual claims he personally recovered the gold and hid it. Some believe it is hidden within Spain.

Millions of tons of German Gold is speculated to have been hidden in the Auckland Islands and some is rumored to have sunk off the cost of Corsica.

How come all the major news media missed it?

The Gold is gone, well hided by NWO scum elites. Why do you think that the former president of IMF Strauss-Kahn was set up? He knew about it!

May i remind everyone here that it is NOT some nazi gold stolen from victims of the holocaust we are talking about here!

We are indeed talking about the german gold reserves built up after WWII in the Wirtschaftswunder of the 1950's and 1960's when german export surplus was paid in gold and stored in Frankfurt, New York, London and Paris due to the now obsolete Bretton Woods system in which all member national banks agreed to store their gold New York and London. There is also the fact that Germany lost WWII and was thus (and is still) not in a position to do as the French did in 1968, that is, demanding their gold reserves stored in the US to be brought back to their own country. Things have changed, nonetheless, Germany is in a quite relaxed position financially despite all odds, whereas the US is financially utterly, completely and totally ruined. If, say, Germany would surprisingly leave the Euro-System on a given day at 10:00am and aligning itself to Russia and China plus India thus creating an Eruasian block forcing France and Poland to align themselves, too, the United States would be officially declared bancrupt at 10:30am due to their banking system been ripped in tiny funny little pieces due to the contagion and complete meltdown in which it would find itself. The UK would follow suit at 10:45GMT when the proud British Pound would implode whilst taking the City of London down with it in due course into, well, total downfall. Everyone knows that, now one likes to admit it, and no one in his right mind would like that to happen.

As the US and Germany are close loving friends and Germany and China are close loving friends, too, and Russia is also a close loving friend of Germany, as is France and Great Britain ... Germany will get back her gold sooner or later. I do however suspect, taken that the Bundesbank is usually extremely discreet in public that this whole, far too loud fuzz about the German gold is a fog-granate of epic proportions, and i do also suspect that the overwhelming part of her gold is stored in Germany long since, but for political charade reasons and to let the US and Britain keep face and to prevent any further disturbances in the already quite tense international financial situation this thing about the FED gold is kept alive no matter what.

Germany does own Europe financially, like it or not. But it would be outright imbecile to believe that Berlin would take *any* step whatsoever financially without consulting all her partners in Europe and abroad. It is useless, boring and leads to very silly conclusions to bring up the never-ending nazi-bullshit in every discussion regarding Germany in 2012.

How much and by what means do you know about the commodity-backed currency?

I wish to know more about this if it's true...

Good One!

got a respectable link for this?

or is this just another unsubstantiated GLP allegation?

lol.

They opened a new Commodities Exchange in Hong Kong a year or so ago for a reason.

There is no reason to have two centralized exchanges unless of course one is unstable or expected to run its course in some way.

Wow, I expect most gold 'not' to be where it should - and - 'some ramifications'.



(I'll watch from the side lines.)

99 % of aussie gold is held in the UK , to bad 100 other parties also have claims on the same amount of gold

this?? haven't seen any credible source re switzerland calling for an audit?

bankers are losing this information war big time......