- A ton of gold is a cube, which measures 37.5 x 37.5 x 37.5 cm, smaller than a standard kitchen microwave.Thus the entire 3,000 or so ton stack of Gold owned by Germany, would fit comfortably into the living / dining room of a normal family house.We are to believe that this gold, held in the most secure vaults in the world, has never been audited since the 1950′s?Now we learn that only 300 tons will be delivered to Germany over 7 years. A Boeing 747 Cargo plane has a payload of 100 tons, so why not deliver over 3 days?The proposed delivery represents less that 1 ton per week, and this whole story is the strongest indicator yet that the physical gold supposedly in the Fed vaults does not exist.Dont worry Angela, the "gold is in the post”
Thursday, January 17, 2013
THE "GOLD IS IN THE POST"
THE "GOLD IS IN THE POST"
3 comments:
What I am not clear on is what part of Germany's gold is pledged to the ECB? I know that a large part is "pledged" as Euro collateral, the question is does Germany even have enough gold in Frankfurt to cover this pledge.
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You must be joking! The real purpose of this request is that the central banks no longer trust each other and particularly France? This is only stage one of the collapse of the European Economic system, its going to get a lot worse?
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