Greece Agrees to Give Up All of its Gold to Obtain Latest Bailout

Discussion in 'Gold' started by asdfghjkl32, Feb 23, 2012.

  1. BullionDollarMan

    BullionDollarMan Member Silver Stacker

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    Italy is the real target IMHO.
    With the fourth largest gold reserve in the world (2451.8 tonnes), it makes for one hell of a big pizza pie
     
  2. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    Hopefully the others won't be as stupid as Greece and just default, now that they know that they are after their gold.. and will most likely lose it if they accept bailouts.
    I don't think they will be that dumb, the only way it will happen is if they install puppets like they have done in Greece, and where these puppets sign whatever their masters tell them to sign.
    Greece.. damn, now the definition of taking it hard and fast over a barrel with no lube whatsoever, poor MOFO's.

    On second thoughts.. maybe Italy is next, they have a muppet installed there already don't they?? Warm up with Greece then go straight for the mother lode.
     
  3. Aengrod

    Aengrod Member

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    Funny thing is that Ireland is one of the PIGS. We dont seem to hear anything about Ireland in MSM (abroad), wonder if its because there are only 4.5 tonnes of Gold here. Nothing to pillage?
     
  4. projack

    projack Well-Known Member Silver Stacker

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  5. Alfie

    Alfie Active Member

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    If this is a strategy of the banks taking gold reserves from sovereign states by the tonne, one would assume they would end up with a truckload. With this they can suppress gold market prices more effectively shaking out the weak hands to get more, and more, and more....bit bearish IMO.
    However I could be completely wrong
    Cheers
    Alfie
     
  6. Simba

    Simba Member

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    The Roman Empire was a collection of vassal states with no autonomy. Greece is the first one to fall to the Revived Roman Empire, watch out.
    The Roman Empire used legions to conquer a country and enslave the population, now Kensian economic theory is used
     
  7. JulieW

    JulieW Well-Known Member Silver Stacker

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    DicKensian economics more likely.

    And it is the Barbarians at the gate.
    Rome fell to the german tribes didn't it?
     
  8. VRS

    VRS Well-Known Member Silver Stacker

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    Yes T - You've nailed it in one.

    That is the plan.

    :/
     
  9. aleks

    aleks Well-Known Member Silver Stacker

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    111 tons of gold in exchange for submitting to slavery under $170B of debt, which we know you can't pay back.

    $1770 an ounce hay....
     

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