German Calls for Gold Repatriation Intensify As Fed Refuses to Allow Inspection

from the comments:

Consider this:
Gold is (at the moment I’m writing this) $1727.92 an ounce (according to goldprice.org)
There are 16 ounces to a pound.
There are 2000 pounds to a ton.
The Germans own 1536 tons.

$1,727.92 x 16 = $27,646.72 ($/lb)
$27,646.72 x 2000 = $55,293,440 ($/tn)
$55,293,440 x 1536 = $84,930,723,840 (Total current value of Germany’s gold holdings)

If you gave someone $85 billion dollars to hold on to, and they would never let you see it, weigh it, touch it, or even verify that they have it, let alone wouldn’t give it back in the name of “security”, I’d say you just got robbed of $85 billion. I’d have a very strong opinion about that if I was Germany.

from the comments:

Consider this:
Gold is (at the moment I’m writing this) $1727.92 an ounce (according to goldprice.org)
There are 16 ounces to a pound.
There are 2000 pounds to a ton.
The Germans own 1536 tons.


sorry this is measurement
31.103 grammes to oz
32.151 oz to kilo
1000 kilos to a ton

$1,727.92 x 16 = $27,646.72 ($/lb)
$27,646.72 x 2000 = $55,293,440 ($/tn)
$55,293,440 x 1536 = $84,930,723,840 (Total current value of Germany’s gold holdings)

If you gave someone $85 billion dollars to hold on to, and they would never let you see it, weigh it, touch it, or even verify that they have it, let alone wouldn’t give it back in the name of “security”, I’d say you just got robbed of $85 billion. I’d have a very strong opinion about that if I was Germany.

It took the FED almost 100 years to get that gold out'a there.. swaps, derivatives, credit Instruments bleh bleh.

It was all planned from the very beginning and the FED don't give two shits about what comes next.. because, their mandate expires on.. insert dramatic (drum-roll)

wait.. for it-> You Guessed it.!! Dec 21.st 2012.

They've spent 99 years replacing those bars with, pork-barreled legislation, pretend budget debates, GDP to debt ratio reforms, cut backs, round table, closed door sessions & debates that amounted to a 3-foot pile of bullshit IOU's.. they tossed in a few fancy looking certificates for appearances & they even tried counterfeiting those to prop up the illusion.

Bottom line.. the FED has obliterated the global economy & they don't give a shit. What we're seeing now is the winding up of a 'private' Corporation in preparation of an expired mandate.

They have no intentions of renewing this mandate.. why should they, after leaving this kind of a mess & fiscal time-bombs across their books the illusion is too toxic & too far gone, the timers are set.. & they will bail.

Their only intentions at this point are to cover their proverbial assets until the parachutes deploy & pray that we don't catch on before they go bye bye..

We will suffer & be left to the wrath of the world.

..& yet only a handful of "Ignorant Hippies" turned out to stop them. This is our fault, we've allowed this to happen.

Maybe Germany, Venezuela, Switzerland & the Netherlands will "pin" a few extra +karma points on us..

will this be what brings "WWIV" to our shores?

In their minds this is a done deal.. there's nothing left to talk about, all they need to do is sit back and placate the public until their fiscal responsibilities die on the floor.

Don't believe me, don't believe a word of anything, that any one tells you.. verify it for yourself. Write or call any one of your newly elected representatives and ask them what is on the table to replace/renew the Federal Reserve mandate next month.

All you'll get is a dial tone.. & maybe a few dead relatives, if your persistent they'll take you out too.

Welcome to the end of the world..

wow so that why the killed the cnbc editors children, after they did they removed the story.

they dont want "nobody" talking about it.

well, lets talk about it

Just let them keep it. I'm sure that when the story 'leaks' out to the rest of the world of what they've done then the USA will become a financial desert. No country will trust or want to trade with them every again.