Grandmaster Putin’s Trap

[Götterdämmerung]

You do realize the United States Department of the Treasury - Wikipedia, the free encyclopedia and Federal Reserve System - Wikipedia, the free encyclopedia and are two different things.

One of them has the gold and the other doesn't. The Federal Reserve system doesn't hold the gold.

I know the two entities. It's wrong to say that the Fed doesn't have gold, it's only on paper.

Can you give me a good reason why we are not allowed to inspect out gold that we have stored in the US? Imagine you were not allowed to take a look at the safe where you have stored your valuables at your bank.

 

[Hamartia Antidote]

Actually, I think it is 70,000 tons of gold. You obviously dropped a zero intentionally, you fat Capitalist pig!

Putin would never use his personal stash.

 

[Trawllu]

the points to undeerstand is

1. The oil prices are depressed artifically
2. The Dollar is being kept inflated
3. The prices of Gold is ebing depressed

what russia is doing is

selling Oil & Gas which the europe cant do without
Selling Uranium to US which the US cant do without

earning dollars and converting them into Gold at depressed prices

Now thte argument htat russia has low old holding and needs tmore is a bit misleading - this gold holding is misleading as russia is not adding gold to its reserves

instead it is using gold as a currency for payment of its import in absence of availability of sufficient dollars to it

so looking at russias gold reserves is not the correct way

 

[asquare]

This is the problem with nations which censor and/or manipulate the media. Any lunatic with an idiotic theory can write what he pleases and be taken seriously, as long as it's suitably nationalistic.

First of all, the Russians want to pretend that the Chinese are co-conspirators in everything the Russians are doing. In reality, the Chinese are way too smart to behave anything like Putin. Second, what Putin is doing, at best, amounts to a partial hedge against the devaluation of the rouble. China and Russia denominating bi-lateral trade in shipments of gold has no impact on anyone.

Of course, Grandmaster Putin will put his country into recession by next year, while the US grows at 4%. Genius.

 

[Hamartia Antidote]

the points to undeerstand is

Selling Uranium to US which the US cant do without

There is a reason the US is buying uranium from Russia

Megatons to Megawatts Program - Wikipedia, the free encyclopedia

 

[Trawllu]

There is a reason the US is buying uranium from Russia

Megatons to Megawatts Program - Wikipedia, the free encyclopedia

yes but with 18% of the uranium used in nuke reactors in US coming from Russia can US stop this despite of sanctions ?

 

[Hamartia Antidote]

yes but with 18% of the uranium used in nuke reactors in US coming from Russia can US stop this despite of sanctions ?

The agreement started in December 1993 and ended in December 2013.
After that date everything is market driven.

 

[Foggy_Bottom]

You do realize the United States Department of the Treasury - Wikipedia, the free encyclopedia and Federal Reserve System - Wikipedia, the free encyclopedia and are two different things.

One of them has the gold and the other doesn't. The Federal Reserve system doesn't hold the gold.

Peter- Did you actually expect him to know? His country's central bank that regulates foreign reserves in China said,

"SAFE was lukewarm about gold as an investment.

"It cannot become a main channel for investing our foreign exchange reserves," the agency said, noting the size of the gold market was limited and prices were volatile.

Buying more gold would also not help much in diversifying China's reserves."

 

[Hamartia Antidote]

Peter- Did you actually expect him to know? His country's central bank that regulates foreign reserves in China said,

"SAFE was lukewarm about gold as an investment.

"It cannot become a main channel for investing our foreign exchange reserves," the agency said, noting the size of the gold market was limited and prices were volatile.

Buying more gold would also not help much in diversifying China's reserves."

It sadly also just shows how Ron Paul doesn't fully understand how his own government works. He may as well have had the head of the IRS up at the microphone and asking him questions about the gold supply. He would have given the same puzzled "why are you asking me?" look.

The Federal reserve does hold gold - but it is not the gold owned by the US Government. The US gold is in places like Fort Knox - which has nothing to do with the Federal Reserve Bank. It is possible the US may use some Federal Reserve Banks as backup safety spots...but that would be under secrecy and that is why the Federal Reserve guys would dance around answering the questions.

 

[Götterdämmerung]

Peter- Did you actually expect him to know? His country's central bank that regulates foreign reserves in China said,

This senile and racist American is not only but-hurt, he and his flag waving colleagues cannot even answer a simple question such as why the BuBa is not allowed to inspect our gold that is stored in the US, instead he tries to divert the question with racist remarks. That's very telling of the mentality of these people.

 

[Hamartia Antidote]

This senile and racist American is not only but-hurt, he and his flag waving colleagues cannot even answer a simple question such as why the BuBa is not allowed to inspect our gold that is stored in the US, instead he tries to divert the question with racist remarks. That's very telling of the mentality of these people.

There is gold for 60 countries in that vault. 25% of the world's gold supply. It's security is top secret.

 

[Götterdämmerung]

There is gold for 60 countries in that vault. 25% of the world's gold supply. It's security is top secret.

Still does not answer my question. Wy aren't we allowed to check our gold. Or are you implying that our officials from BuBa are unreliable?

On top of that, we wanted and still want to get them back, why didn't you allow us to do so? What's the reason not to allow the owner to take back its belongings?

 

[terranMarine]

Americans can blindfold the visitors too if they don't trust some foreign officials lol. Seriously do you expect us to believe they will leak security details to some thieves?

 

[Hamartia Antidote]

Or are you implying that our officials from BuBa are unreliable?

The 59 other countries would say "yes".

 

[Götterdämmerung]

The 59 other countries would say "yes".

Source?