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Old 02-11-2013, 06:20 AM
 
1,291 posts, read 2,895,920 times
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This should wake up barry's minions. Constantly printing more fiat will only
make the crash bigger. What will the hand always out crowd do when the dollar collapses?

When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it.

Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China, according to IMF data compiled by Bloomberg. The added gold is also almost triple the weight of the Statue of Liberty.


Putin Turns Black Gold to Bullion as Russia Outbuys World - Bloomberg
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Old 02-11-2013, 06:38 AM
 
Location: Great State of Texas
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Central banks all over the world have started to repatriate their gold.
The articles are out there, just not big splashy MSM articles.
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Old 02-11-2013, 07:01 AM
 
Location: Orlando
8,276 posts, read 12,863,269 times
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Maybe we could sell Sarah Palin and get and ounce or two? oh wait, they can see her from where they are the Russians would ant her.

Think we will start to hear from the conspiracy folks about Fort Know being empty?
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Old 02-11-2013, 07:18 AM
 
Location: Great State of Texas
86,052 posts, read 84,509,263 times
Reputation: 27720
Quote:
Originally Posted by AONE View Post
Maybe we could sell Sarah Palin and get and ounce or two? oh wait, they can see her from where they are the Russians would ant her.

Think we will start to hear from the conspiracy folks about Fort Know being empty?
Countries keep their gold in NYC when they keep it at the Fed.
The US does a paper audit and the papers say all the gold is still there so they don't have to physically check. They told Ron Paul that when he put forward a bill for a physical audit.

Germany asked the Fed for their gold back and the Fed is working out a deal with them from what I read.
Germany ain't too happy about that.
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