Friday, August 3, 2012

When your banker opens up his vaults to show you he's got what he says he does, he's admitting a crisis of confidence and fearing a crisis of legitimacy.

What's in your vault? Uncle Sam audits its stash of gold at the New York Fed.

4 comments:

Jhn1 said...

What is even better is that the gold in the FED's vault isn't "Uncle Sam's" gold anyway. Uncle Sam's gold, if any exists, is at Fort Knox (and the Commander there refuses all requests by Congressmen and Senators to even view the gold supposedly there), and the FED's gold at any location, belongs to the families owning the quasi governmental (in authority) privately owned (and privately profitable while the taxpayers are still liable for debts) Federal Reserve Bank.

Roger J said...

I admire those folks who have shiny precious metals in their vault, but mine contains only ferrous metals and I'm happy with that ;-)

Anonymous said...

What is that ? ,painted brick`s ?, Must be, cuz this place is broke.

John Otis Comeau said...

maybe precious, maybe painted, maybe gold-plated tungsten. but if it's real it might belong to the Chinese anyway, though this story has of course been completely ignored by all but us lunatic-fringe types: http://www.dailypaul.com/220230/trillion-dollar-lawsuit-exposes-secret-bilderberg-gold-treaty-funding-of-extraterrestrial-projects