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Catching the drift...

Discussion in 'Politics, Elections & Legislation' started by TinMan88, Jan 17, 2013.

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  1. TinMan88

    TinMan88 TS Member

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    For those watching from the sidelines: Germany is repatriating their gold.

    The Germans don't trust Obama with their gold – and can you blame them? In the eyes of the Germans – and who can blame them? – America has lost its mojo to such a degree that it can no longer be trusted to honour its debts, even in the unlikely event that it were financially capable of doing so. Which is why, following in the footsteps of Venezuela's Hugo Chavez (who may be an idiot but is definitely no fool), Germany is repatriatriating its gold from the US federal reserve. It will now be stored in Frankfurt.

    This is an important story. One of the most spectacular con tricks of the last twelve months, pulled off by our political class with the connivance of much of the media, is that we've escaped the global economic armageddon which looked till quite recently as if it was going to engulf us. .....

    Well it may look calm on the surface, but this latest move by the Bundesbank gives us a pretty good indication that beneath the surface that serene-seeming swan is paddling for dear life.


    Why is Germany repatriating their gold?
    This week few will have missed reports that Germany is getting closer to bringing its gold investment reserves home. Following questions asked in Parliament in 2012 regarding the 3,396 tonnes of gold bullion, the Bundesbank are set to announce tomorrow a new concept in how they store Germany’s gold reserves.
    1. Changing geo-political landscape

    There are two geopolitical reasons for a country taking custody of another’s gold; the first is for ease of transport for payment purposes, the second is to protect the gold from geopolitical risk.

    2. Do not trust the custodian country to keep track of it when lending it out.......
     
  2. JACK

    JACK Well-Known Member Supporting Vendor

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    Yeah, but what about tin?
     
  3. TinMan88

    TinMan88 TS Member

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    METALS OUTLOOK: Tin, Lead, Copper Are Top Picks In ... - Kitcowww.kitco.com/reports/KitcoNews20130104AS_metalsoutlook.htmlCached
    You +1'd this publicly. Undo
    Jan 4, 2013 – (Kitco News) - Tin, lead and copper may be the top-performing base metals in ... “ It remains in a structural deficit, so we think the price can move ...

    Here ya go MIA.
     
  4. TinMan88

    TinMan88 TS Member

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    Friday 01-18

    The Frightening Truth About Germany’s PHYSICAL Gold Move Pours Out on CNBC
    By: From the Trenches
    If the gravity of the recent move by the Bundesbank to demand a portion of its gold back from the NY Fed, and allof its gold back from the bank of France is lost on you, check this out.

    The horrifying reality of the worldwide central banking monetary sham is beginning to cut through, even on CNBC. Although mockingbird host Melissa Lee tries her best to diffuse the outpouring of truth in this ‘Market Mystery’ segment, she fails miserably. Lee kicks off this must-watch clip by asking, “Why is Germany moving gold out of the United States? Why don’t they trust us any more?”
     
  5. JACK

    JACK Well-Known Member Supporting Vendor

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    I think they are solidifying their position in the eu. I cannot see a acenario whaereby the US would commandeer their gold. To what advantage to them or us? Now if China starts usin ggold as a payment requisite, then tht would be a game changer.
     
  6. TinMan88

    TinMan88 TS Member

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    To what advantage to them or us?

    Some Germans have also asked the same question.
     
  7. TinMan88

    TinMan88 TS Member

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    ROBBING MALI TO PAY GERMANY
    Mali is one of the world's largest gold producers. Together with neighboring Ghana they account for 7-8% of world gold output. That makes them a rich prize for nations desperate for real physical gold. So, even as Germany started demanding their gold back from the Bank of France and the New York Federal Reserve, France (aided by the US) decided to invade Mali to fight "Islamists" working for "Al Qaeda." Of course, "Islamists" has become the catch-all label for people that need to ne killed to get them out of the way of the path to riches, and the people being bombed by France (aided by the US) are not "Al Qaeda" but Tawariqs, who have been fighting for their independence for 150 years, long before the CIA created "Al Qaeda". Left to themselves, the Tawariqs could sell gold to whoever they want for whatever they want, and right now China can outbid the US and France.
     
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