A run on the Federal Reserve (Texas wants its gold, Along with Germany, Azerbaijan, The Netherlands, Switzerland)
2013-03-26 0:00

By Nick Sorrentino | Against Crony Capitalism


We are seeing a slow motion run on the Federal Reserve. Around the world faith in the dollar is on the wain and sovereign governments are becoming more concerned with the whereabouts of their ultimate store of wealth, gold.

During the cold war many governments sought the perceived safety of of storing their gold in the United States, protected from the communist menace in the Old World. Germany and many other countries moved their gold stores to the New York Fed for safe keeping. If all else failed and the Red Army rolled across the Polish plains and into Western Europe, at least the core wealth of Europe would be safe in the free world.

But times have changed. All around the world financial leaders are looking over their cards at the other players at the table. Many are looking at the US who actually holds their chips. The Soviet menace is gone. Why should I have to ask the United States for my chips when I want to play?

Plus the USA isn’t the straight shooter many thought it once was. Uncle Sam might be getting a little too cozy with the chip piles. He actually thinks that he’s the house. Maybe the American casino isn’t the best bet any longer.

[...]

Read the full article at: againstcronycapitalism.org



Related Articles
Ron Paul - Audit Fort Knox
Why Bitcoins Are Just Like Gold: Both are valuable because we say so
James Turk: "Germany’s Gold Is Being Held Hostage By The Fed"
Treasury’s Audit of the Federal Reserve’s Gold Is Pure Propaganda
Dollar Collapse: Where is Germany’s Gold?


Latest News from our Front Page

An Occupied Country
2016-02-06 5:42
When people refer to occupation governments or occupied countries, the first thought is often of military occupation—the garrisoning of foreign troops in one’s cities and civil administration by their military executives. The other vision is the trope of a cabal of Haredim sitting in a darkly-lit boardroom with a map of the world on the wall, a dated reading of ...
Immortal Symbols 1941
2016-02-06 2:07
Youtube description: Dutch film "Eeuwig Leevende Tekens" by Hamer - "Volksche Werkgemeenschap" (Folkish Study Group) - ancestral heritage, solar wheel, sun cross, tree of life, etc. Subs by Otharus - http://fryskednis.blogspot.com Source: youtube.com
Ex-German media boss admits on live radio the national news agenda is govt controlled
2016-02-06 1:32
f you really want a lesson in how the Western popular press works, this is it. Without question, Germany is the leading power in Europe. ZDF is its state broadcaster and most popular channel. Together with sister network ARD; German's are obliged to pay €17.98 per month to fund it. This week, during a radio event in Berlin, the retired head of ZDF ...
British teenager is gang raped by 'Moroccan' men after being dragged into a car in Spain
2016-02-06 1:09
A British teenager claims to have been gang-raped in a Spanish resort after being dragged into a car by a group of Moroccan men, it was reported today. The 18-year-old claimed she was attacked while walking home from work late at night in Sabinillas, near Marbella. Police are said to be investigating a group of Moroccan men in the area. A British teenager ...
8 Ways Racially Diverse Schools Hurt White Kids
2016-02-06 1:02
Description from YouTube: I argue against Mother Jones Propaganda Link to the original Mother Jones Article: 3 Ways White Kids Benefit Most From Racially Diverse Schools Links to all the articles and other citations mentioned in my video can be found here: docdro.id/6CpKvgA Source: youtube.com
More News »