GOLD 0.51% $1,391.7 gold futures

why will it take the fed 7 years ?, page-58

  1. 33,109 Posts.
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    Mr. Gordon,

    5 seconds contemplation should provide you with the answer.

    If Germany was to repatriate its gold in one hit the idiots at Zerohedge and other loony websites would be screaming:

    GERMANY GRABS GOLD BEFORE US DEFAULT AND CRASH!!!!!!!

    Bernanke has described the 8000 odd tonnes of US gold as 'traditional', the Germans have described their gold as 'symbolic'.

    In other words if Germany and the USA didn't own any gold no one would miss it.

    It's neither here nor there.
 
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