RE:RE:RE:Gran Colombia Gold - Beyond GoldJust goes to show how little this soprano guy knows how gold is held.
Banks from what is fact is that they have but 1 in 100 ounces of physical gold to back up their paper promises so any borrowing would be paper derivitives as you imply they borrow physical gold that Obama allowed to be borrowed..LMAO
But I guess they could put that paper in the vault also..
tsoprano24 wrote: There was a rumor a few years back that obama was letting JPMorgan borrow gold from the vault to do whatever Crooked trading they do. Frankly, I was surprised that that could be true because I doubt there is much there to borrow. There has to be a reason they are so adamant about not letting anyone inventory the place. My guess is that the truth would bring down the country faster than the spending by our last four presidents and their "wars" on covid, terrorism, drugs, poverty, etc, etc, etc. All complete failures that have allowed them to spend money and give to themselves and their cronies. Look at where the money went in this last boondoggle. The people that lost their companies are probably happy getting $1400. Seems to even things out. Sorry for sarcasm and ramble. But, gold manipulation gets me started.
T