The Emperor Has No Gold
2012-11-05 0:00

From: Washingtonís Blog

Are Central Banks Overstating their Gold Holdings?

Romania has demanded for many years that Russia return its gold.

Last year, Venezuela demanded the return of 90 tons of gold from the Bank of England.

As everyone knows, the German high court ruled that Germany must audit its gold reserves held in foreign countries such as the U.S., England and France. And German inspectors will actually travel to the New York Federal Reserve Bankís gold depository and the Bank of England to inspect their gold.

Germany will also repatriate 150 tons of gold in order to test it for purity.

Germanyís not the only country. As Zero Hedge notes (quoting Bloomberg):

Ecuadorís government wants the nationís banks to repatriate about one third of their foreign holdings to support national growth, the head of the countryís tax agency said.

Carlos Carrasco, director of the tax agency known as the SRI, said today that Ecuadorís lenders could repatriate about $1.7 billion and still fulfill obligations to international clients. Carrasco spoke at a congressional hearing in Quito on a government proposal to raise taxes on banks to finance cash subsidies to the South American nationís poor.


Some people in the Netherlands want their gold back as well.

Jim Willie says that the gold is gone.

The fact that CNBC head editor John Carney is arguing that it doesnít matter whether or not the Fed has the gold does not exactly inspire confidence.

Gerald Celente notes:

Itís not only Germany (whoís gold is missing), itís the United Sates, itís all of the countries. Nobody knows whatís in Fort Knox. They wonít let anybody in. Whereís the gold in the United States? How come we canít go in and look in Fort Knox?



[...]

Read the full article at: washingtonsblog.com



How Much Gold is in Fort Knox?

Tommy Decentralized | Myspace Video








Uh Oh: Germany Wants to SEE its US Gold






Related Articles
The FBI Wants You To Believe There Is A Global Jihad Against The [Private] Federal Reserve
Soros Unloads All Investments in Major Financial Stocks; Invests Over $130 Million In Gold


Latest News from our Front Page

Professor: Reason Itself Is A White Male Construct
2015-07-04 3:55
A philosophy and religion professor at Syracuse University gave an interview to The New York Times Thursday in which he critiqued the notion of pure reason as simply being a “white male Euro-Christian construction.” Prof. John Caputo was being interviewed by fellow philosophy professor George Yancy for the 13th installment of an interview series Yancy conducts with philosophers regarding racial topics. Given its emphasis on first principles ...
The Broken Window Fallacy
2015-07-04 3:48
Youtube description: This short video explains one of the most persistent economic fallacies of our day. Source: youtube.com
Jenji Kohan and the Jewish Hyper-Sexualization of Western Culture
2015-07-04 3:33
As detailed in The Culture of Critique, Freud and his followers regarded anti-Semitism was a universal pathology which had its roots in sexual repression. The theoretical basis for this can be found in Freud’s Three Essays on the Theory of Sexuality where he linked aggression to the frustration of human drives — especially the sex drive. Kevin MacDonald notes that: ...
Confederate History - Dispelling the Myths
2015-07-03 3:28
History books, the media, the school systems, etc abound in falsehoods and inaccuracies of Confederate and Southern history. This fact sheet will help to clarify and dispell some of these rampant inaccuracies. MYTH - The War of 1861 - 1865 was fought over slavery. FACT - Terribly untrue. The North fought the war over money. Plain ...
Gays Rights May Open Door for Pedophile Rights
2015-07-03 3:31
Democrats have attempted to normalize pedophilia as a sexual orientation. A recent Supreme Court ruling on same-sex marriage may soon allow pedophiles to argue they are suffering discrimination. ‚ÄúUsing the same tactics used by ‚Äėgay‚Äô rights activists, pedophiles have begun to seek similar status arguing their desire for children is a sexual orientation no different than heterosexual or homosexuals,‚ÄĚ writes Jack Minor ...
More News »