l Reserve Refuses to Submit to an Audit of Germany’s Gold Held in U.S. Vaults If they steal from germany they could steal from us!
Federal Reserve has no GoldGerman Gold at the ÚS Federal Reserve BankLong Xinming
Dr. Long Xinming (4M),- The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.
The German government then asked to visit the FED vaults to inventory the gold and determine its actual existence, but the FED refused to permit Germany to examine its own gold. The reasons given were “security” and “no room for visitors”. And nothing else.
Germany did finally send some staff to the FED, and they were permitted only into the vault’s anteroom where they were shown 5 or 6 gold bars as representative of their holdings, and were permitted nothing else.
They apparently came a second time, and the FED did open only one of 9 rooms and let the Germans look at the stack of gold, but were not permitted to either enter or touch. And they returned home.
There has been speculation for a long time, that the FED doesn’t actually have much gold, that it has either sold it off, lent it out, or used it as collateral for borrowings. Either case, there are many claims that the gold that is being stored on behalf of many nations, doesn’t actually exist.
And nobody, other than FED staff, have actually been permitted inside the vaults to see or inventory any of the gold. There is no evidence that the gold actually exists, other than the word of the FED.
Even more, the situation is the same with the supposed gold depository at Fort Knox. Nobody has seen the gold there for a very long time.
The last audit, and the last public visit, was in 1953, just after U.S. President Dwight Eisenhower took office. No outside experts were allowed during that audit, and the audit team tested only about 5% of g
This is the Federal Reserve we are talking about....any surprise? Because the U.S. has had the benefit of having the world's reserve currency, the Federal Reserve has been able to get away with all kinds of shenanigans. Other countries know that they have been scammed but have limited options to get their money back without screwing the whole system. However, they will not be as trusting going forward, and the U.S. will pay a heavy price eventually.