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overtheedge
Member since May 2012
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Germany's Stolen Gold Reserves - Times are changing - the debts remain (Russian) - Charleston Voice -

Germany's gold is just as safe and secure as its Target2 account holding over 460 Milliarde* Euros.
Is that 460 Milliarde Euros just a computer entry and no physical monies exist?

But like many accounts, there are substantial penalties for early withdrawal.
The banks decide what is early and what are the penalties.
The banks decides force majeure.
Surely no one would suggest converting deposits to bank shares would they?
And last I heard, the USA official gold price is $42.22 per ozt.
$42.22 buys a lot fewer bank shares than the $1200 and change spot price.

Please notice the phrase is, "He who holds the gold ...," not "He who owns the gold...,".

*Milliarde - 1,000,000,000

Commented 3652 days ago

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Beginning of the headline :Is the US Fedkeeping doublebookkeeper entries -addingGermany's plusothergovernments' goldincluded in the USclaimedreserves of 8,100+ tons? Show metheyaren't. STERN REMINDER:It's notownershipthatcounts - -it'salwayswho has CONTROL! Bereminded ofthistruismwhenitcomes toyourownpersonalbankdeposits and "safe"deposit boxes... Read More

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