Is it time for a new gold rush?
- Thread starter joe
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Good thread joe, so it seems some countries are taking they're gold back from US federal reserves, why?
I understand that this might create a new gold rush and see the price of gold rise, but there has to be reasons on why they're "yanking" (pun intended) their Au bars out of the states,
Could this mean another crash for the U.S. economy?
Are the Yanks going to kick off another war to boost their economy, if so the gold/precious metals price most likely will rise?
My question is why are they boosting their own reserves,
99.999% of this goes strait over my head, but still interesting read!! :|
dwt now has a nose bleed that needs attending :lol:
I understand that this might create a new gold rush and see the price of gold rise, but there has to be reasons on why they're "yanking" (pun intended) their Au bars out of the states,
Could this mean another crash for the U.S. economy?
Are the Yanks going to kick off another war to boost their economy, if so the gold/precious metals price most likely will rise?
My question is why are they boosting their own reserves,
99.999% of this goes strait over my head, but still interesting read!! :|
dwt now has a nose bleed that needs attending :lol:
Hey DWT check out this video at 36:00 on to answer the question of why countries are pulling gold out of the US federal reserve.
[video=480,360]http://youtu.be/cd7x8jorSOA[/video]
[video=480,360]http://youtu.be/cd7x8jorSOA[/video]
[video=480,360]http://youtu.be/fU5nDIog-w4[/video]
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WOW 
those were a great watch and a big wakeup to how the world revolves.
It reminded me of when I watched Zeitgeist The Movie a couple of years ago and they stated that the banks controlled the world not governments, I'm just happy I can get out for a fossick every now and then without much hassle, think I'll keep my few microscopic specs well hidden from the rest of the world now
those were a great watch and a big wakeup to how the world revolves.It reminded me of when I watched Zeitgeist The Movie a couple of years ago and they stated that the banks controlled the world not governments, I'm just happy I can get out for a fossick every now and then without much hassle, think I'll keep my few microscopic specs well hidden from the rest of the world now
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