What if the U.S. is quietly sitting on a massive reserve of gold?

Discussion in 'Gold' started by SpacePete, Nov 26, 2014.

  1. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    I have been keeping an eye on the pebble deposit. Will be a big fight with the EPA and locals to get it approved. Supposed to be extremely high in copper also.
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Think about it in the context of a stratagem. The best disinformation grows organically without any action on your behalf, it is more likely to go unquestioned and hence leaves your potential adversary overconfident.

    There's a quote by Sun Tzu: "Simulated disorder postulates perfect discipline, simulated fear postulates courage; simulated weakness postulates strength."
     
  3. No1joey

    No1joey Member Silver Stacker

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  4. trader10

    trader10 Member

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    They now own Weather.com and in China too..... those R's are interesting entrepreneurs... lol
     
  5. trader10

    trader10 Member

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    THIS WAS BACK IN 70's !!! IMAGINE NOW? WITH TRADE WARS, CURRENCY WARS AND NOW WITH A CHALLENGE ON THE STATUS OF THE WORLD RESERVE CURRENCY? LOL :D:lol::cool:


    ...."manuscript of a 1981 article by The Globe which reported that 7,000 tons of gold bullion were removed from Fort Knox from $1973-74"..........


    [​IMG]
     
  6. No1joey

    No1joey Member Silver Stacker

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    I know, they also own vineyards too. My guess is they wanted to get into the carbon emissions weather racket. That's why young David went touring the world promoting climate change. Kinda strange after studying political science at Cambridge...
     
  7. trader10

    trader10 Member

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    LOL.. yeap.. the "great marketing" BS easily accepted by the young......

    Sir Evelyn is no stranger to the media too..... Mr. Bloomberg gets him on air every time PM's start to do it's thingo..... lol :p:)

    cheers
     
  8. No1joey

    No1joey Member Silver Stacker

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    8000 tonnes of gold = $360 billion
    US debt = $20 trillon

    Not to mention global output at 2500 tonnes per year = $112 billion

    More facts - As of 2010 there were $878 billion worth of US bills in circulation with the US alone adding $9.8 billion a year to this number, that's AFTER taking into account the bills that are replaced with new ones. Imagine how much fiat is out there of all countries combined with all central banks adding to this per year. Now compare that with gold.
     

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