I was thinking, maybe the U.S. government knows of some massive, high-grade in-ground gold reserves that can be easily mined if required, but are keeping it secret and happily letting the rest of the work buy up current output in return for dollars? And then one day, if China or Russia should try to create a new gold-backed currency to challenge the petro-dollar, the U.S. will start mining and dump an enormous amount of gold onto the world markets, effectively destroying the economies of anyone with the audacity to seriously challenge the USD.
I think this is in the same field as if wishes were horses beggars would ride. The have already dumped tons of other people's gold into the market to suppress prices. I think that game is nearly done.
It's a nice thought but 20th century prospectors did a pretty good job and in the states at least there weren't many places they weren't allowed to mine if they chose to. Maybe they have secret gold acquired as a result of the Pentagon's financial war gaming but I doubt they have much in the way of known serious reserves. Plus, you would have to be pretty wildly bullish about golds future price to think it will be worth more then than it is now plus the cost of interest on the debt it could be used pay off between now and when they mine it. I'm pretty sure the government wouldn't own the gold either, they'd just be allowed to tax the mining company.
They are dumping known reserves. Thats exactly the point. Its a form of disinformation. Everyone thinks its all so clear cut. But when it comes to economic warfare, I'd be surprised if the U.S. didn't have one or two aces up their sleeve.
Is there no conspiracy theory that someone won't fly? The Ferguson riots are a plot to divide America and strengthen the arm of law enforcement The US wanted Al Qaeda and ISIS so it could get the public behind the war business and get it to accept curtailment of liberties and bigger government The US government has a secret stash of gold There's always some master puppeteer, the illuminati, who is a step in front of everyone else and in total control of events
? Of course gold will be worth more in the future than it is now. South Africa sit on half of the worlds gold reserves. That's why China and Russia asked them to join BRICS. America has nothing. "Officially" America has over 8,000 tonnes of gold, I think that either A. That's BS, or B. Half of that belongs to other countries. If they really owned three times more gold than any other country they would have used that to their advantage by now and not racked up nearly $20,000,000,000,000.00 debt.
Of course everyone knows there's no secret gold reserves. Only the crazy and insane would question the common knowledge handed down to us by the world's media and politicians. But sometimes, just sometimes, there's some truth in crazy:
If they had 8000 tonnes of gold just sitting there why didn't Germany get their 300 back, & if they have 300 t of Germanys why isn't that stipulated when reporters talk about 'Americas' 8,133 tonnes? If 300 of that is Germany's how much more belongs to other nations? There hasn't been an audit on the gold for something like 40 years. Germany weren't even allowed to view their gold. No one is allowed inside - no one.
