Saturday, December 6, 2014

The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed


Ah yes.  A few years ago, i posted an item that explained just how easy it is to fabricate gold bars whose interior is tungsten.  I did not myself believe the claim until i actually pulled out my references to confirm plausibility.   It is both plausible and the actual theft took place during a period in which the suppl;y could not be explained.  At best it was not stolen but used to supply short sellers who are now deeply trapped.  

 

Whatever the story, it is not available for convenient delivery unless gold collapses, and the gold for show in the vaults is all faked up tungsten bars.  By the by, the blanks were produced.  As well some was sent in error to Hong Kong and this led to China putting a program in place to produce much smaller bars for good delivery right after.  This largely controls the risk.

 

 Here we have the expected collapse of Germany's attempt to get its gold back.  Nice try Boy Scout.

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The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed

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