Where's all the gold gone??

Swanny · 03-24-2009, 07:42 PM

I understand that the IMF made all the countries sell their stocks of gold.
If that is so who did they sell it too and where is it now???
Anyone have an idea?

Carmen · 03-24-2009, 07:46 PM

Dunno Swanny. In today's situation, the only use for gold is to sell the stuff and free up yourself financially. Ya cant eat it and its bloody heavy to cart around!!!!!

03-24-2009, 08:06 PM

Quote:

Originally Posted by Swanny

I understand that the IMF made all the countries sell their stocks of gold.
If that is so who did they sell it too and where is it now???
Anyone have an idea?

Nope. I'm with Carmen - I don't eat it. I don't think it would be useful at the local supermarket either. But, if the gold's missing, it's probably in currency flows somewhere -

in the aether/river of trade systems

oldpaganfreak · 03-24-2009, 08:34 PM

great question, swammy. fort knox alone held tons of it. wanna bet that there are large private reserves held by wealthy folks? i'll betcha that the rothchilds and the rockefellers, et al, have huge storerooms of it.

Connecting with Sauce · 03-24-2009, 10:18 PM

Good luck to those expecting to use a fiat currency soon to buy stuff

A kg of gold is ~£23,000 (Silver £350) so it doesn't weigh that much to carry around, yes you can't eat it or buy anything with it but it does allow you protect your wealth to some extent if you have any... once you have all the other items you need covered. Another thing worth investigating is fixing a mortgage rate if you can or have one before it reverts to hyper-inflation in double figures...

http://patriotarchives.blogspot.com/

These two guys are like a radio show with avalon speakers gathering the news... listenable as mp3's daily... They are a giggle too

03-24-2009, 07:42 PM	#1
Swanny I dont need a label ! Join Date: Sep 2008 Location: The Shire of Wilt Posts: 2,889	Where's all the gold gone?? I understand that the IMF made all the countries sell their stocks of gold. If that is so who did they sell it too and where is it now??? Anyone have an idea?

03-24-2009, 07:46 PM	#2
Carmen Avalon Senior Member Join Date: Dec 2008 Location: New Zealand Posts: 992	Re: Where's all the gold gone?? Dunno Swanny. In today's situation, the only use for gold is to sell the stuff and free up yourself financially. Ya cant eat it and its bloody heavy to cart around!!!!!

03-24-2009, 08:34 PM	#4
oldpaganfreak Avalon Senior Member Join Date: Sep 2008 Location: great northern boreal forest Posts: 440	Re: Where's all the gold gone?? great question, swammy. fort knox alone held tons of it. wanna bet that there are large private reserves held by wealthy folks? i'll betcha that the rothchilds and the rockefellers, et al, have huge storerooms of it.

03-24-2009, 10:18 PM	#5
Connecting with Sauce Avalon Senior Member Join Date: Sep 2008 Location: Chelmsford, Essex Posts: 650	Re: Where's all the gold gone?? Good luck to those expecting to use a fiat currency soon to buy stuff A kg of gold is ~£23,000 (Silver £350) so it doesn't weigh that much to carry around, yes you can't eat it or buy anything with it but it does allow you protect your wealth to some extent if you have any... once you have all the other items you need covered. Another thing worth investigating is fixing a mortgage rate if you can or have one before it reverts to hyper-inflation in double figures... http://patriotarchives.blogspot.com/ These two guys are like a radio show with avalon speakers gathering the news... listenable as mp3's daily... They are a giggle too