What happened to Germany's Gold?

[classhandicapper]

I've read a series of articles along these lines over the last year.

http://www.freemansperspective.com/germanys-gold/

[lamboguy]

that's old news already, they have agreed to deliver the gold within 7 years.

[OntheRail]

Yep right after the Fed finishes electro-plating all those lead bars... course the ship will sink while over the deepest depths of the Ocean. :lol:

[RunForTheRoses]

that's old news already, they have agreed to deliver the gold within 7 years.
Thats what is says in the story, but why so long for only part of their gold?

[davew]

Thats what is says in the story, but why so long for only part of their gold?

ponzi schemes as well using the same collaterol for multiple loans take awhile when some big investor wants their money.

[lamboguy]

why would Germany let the United States and France hold onto their gold to begin with. they were arch enemies at one time. what do they think we love them?

[Actor]

ponzi schemes as well using the same collaterol for multiple loans take awhile when some big investor wants their money.Standard banking practice. That's exactly what your local bank does with your money when you deposit with them. That's why banks and governments fear runs on banks.

The German banks should know this is the way it works and have no reason to be surprised when told it will take time to get their money back to them.

Google "fractional reserve banking."

[TJDave]

FU Germany. You'll get your gold if and when we decide. If that's not good enough you could always start another war.

BTW, how'd that go the last few times?

[fast4522]

Germany is not the problem, the Fed is. Countries and multinationals have already started to use "other" than the US dollar.

http://www.youtube.com/watch?v=K__KKdC5Y-s