It Will Take The Fed Seven Years To Deliver 300 Tons Of German Gold

reply to post by ted4d


That is the issue. It SHOULDN'T"T take 7 years.

The Fed knows they are screwed and caught with their pants down.
That is why it will take 7 years.

No one here thinks it should take 7 years. We all know that is BS.

reply to post by bloodreviara


Yes, and 7 years for only 5% of it returned.

reply to post by macman


I believe you might have misread that article, it stated that it was to
take 7 years to return the gold which is equal to 5% of the supposed
holdings of our gold, what he meant was, why is it going to take
7 years to return that gold to them if its only 5% of what we claim
to have in store, what i said was maybe Germany wants it that
way so they can finish construction on a super vault or something,
if they throw a fit though, yep its trouble.

reply to post by bloodreviara


Ah, I stand corrected. I misread that.

But, 7 years to return the gold to the Germans is a catalyst for war.

And yes, it is 5% of the total we are supposedly holding.

Originally posted by macman
reply to post by ted4d

 

That is the issue. It SHOULDN'T"T take 7 years.

The Fed knows they are screwed and caught with their pants down.
That is why it will take 7 years.

No one here thinks it should take 7 years. We all know that is BS.

The real question is, how many lives will it take for unca sam to get his pants back on. I would've said "to appear decent" but we've already seen His Royal Nakedness raping whole nations for their wealth so its a little too late for pretending to be decent.

reply to post by frazzle


Don't know.
Like I stated, I believe this is a catalyst for war.

reply to post by macman


I do hear you there, truth is even if Germany does throw a fit,
i wonder if we will hear about it until its too late, i have often
wondered how much gold is really still there, with as little
faith as i have in any of those banks or organizations to be
honest i just doubt it.

Those people would steal toilet paper from a gas station and
take it to their multimillion dollar home.....

Perhaps the length of time (7 years) is due to risk management. Could you imaging shipping 300 tons of gold all at once; only to have the ship sink/plane crash/cargo hijacked...etc. Unless there is an immediate, urgent need for the entire 300 tons, then why not minimize risk by shipping it in small increments?

They better start creating gold chemically, is the only way I think we can return all their gold...

Originally posted by yuniorsan
They better start creating gold chemically, is the only way I think we can return all their gold...

They been trying that for over 2000 years and it will never work since gold is an element and not a compound. Best bet is to mine more, or, more likely knowing who we're dealing with, steal it.

Hello second American gold confiscation act.

Originally posted by macman
reply to post by frazzle

 

Don't know.
Like I stated, I believe this is a catalyst for war.

I've lost track of how many wars the US is actively engaged in right at this moment, but for sure if any of us happened to LIVE in any of those countries we'd probably agree that the catalyst for war (greed) has been an ongoing event for darned near ever.

The utter bankruptcy of the US economy and failing US global hegemony will probably be the catalyst for war HERE.

reply to post by Lord Jules


LOL, I'm aware of that Jules, I was been sarcastic

Fine, i make that 5% x20= some 60,000 tons at 30 grams to the oz? troy=
or is that tonnes? lets see.....thirty -1.6=28.4....x16 ..454 uh oh......

Thats a # pile of gold! Heres how big.all the gold is in the world..........
www.wealthdaily.com...



www.onlygold.com...

All I hear when I see this is the commercials going,

"It's my money and I want it NOW!"

For annuity buyouts etc etc.



No really, this is what is called "stalling". And it isn't the US, it is the FED.

reply to post by Lord Jules


Actually, we have figured out how to create gold by placing lead into a nuclear reactor and inducing artificial transmutation. The downside is you create only a minute amount of gold that comes nowhere near paying for the reactor time or material to create it.

Just FYI

Originally posted by ManFromEurope
reply to post by macman

 

I am sorry for being a little bit blind or something, but WHY does it take 7 years? The linked articles are only quoting that number without any causes to it?

Really, I could not care less if the gold is here, there or somewhere else -- if Bill Gates wanted to cloth his children in gold hemds, then let him have his way. It's nice and shiney, but other metals are, too..

The reason is......THEY DON'T HAVE IT ANYMORE!! We are freaking broke, and we sold all of that gold a while ago, I am afraid.....No proof to this claim, just a gut feeling I guess, unless they want gold plated metal.....

obviously they don`t have the gold that`s why it will take them 7 years to return it.

if they did have the gold it wouldn`t take 7 years to transport the gold to an airport, put it on a plane and fly to germany with it.

The ONLY reason that it would take 7 years is because they don`t have the gold and it will take them 7 years to get that much gold to return to the germans.

Originally posted by LeatherNLace
Perhaps the length of time (7 years) is due to risk management. Could you imaging shipping 300 tons of gold all at once; only to have the ship sink/plane crash/cargo hijacked...etc. Unless there is an immediate, urgent need for the entire 300 tons, then why not minimize risk by shipping it in small increments?

edit on 17-1-2013 by LeatherNLace because: (no reason given)

That`s an interesting point, I wonder how many years it took the fed to get all that gold from germany?

Maybe all those German enterpreuners could pitch in, whom exported labor to the US, because less evil unions and until recently no real health care obligations socialism is communism and Americans think oligarchs are the shiz anyway. Didnt last long though, Chinese and Indians were even cheaper. HOW DOES IT TASTE !!??

Perhaps it helps to read the actual release from Bundesbank.

To this end, the Bundesbank is planning a phased relocation of 300 tonnes of gold from New York to Frankfurt as well as an additional 374 tonnes from Paris to Frankfurt by 2020.

They are planning a phased relocation of a total of 674 tonnes of gold. You don't just move 674 tonnes of anything. It takes time, it needs to be secure before, during and after shipping. You need to do it with as little public notice as possible. You need to ensure, during various checkpoints, that the gold is still there. You need to ensure that the vault that will hold all this gold is built to the proper standards, can house that much gold etc.

Then, upon arrival, it needs to be catalogued and stored. You don't just dropship 674 tonnes of gold and then tell the crew to pack it away.


Does this mean that the fine folks here in NYC don't have the gold? No. Not at all. Do they? who knows but the 7 year plan is nothing more than the time frame the germans have set up.

zerohedge is a great site. It's informative as hell but it's also a hell of a doom and gloom site. They're conjuring a story out of nothing.