Wall Street Journal tomorrow - ad saying Fort Knox is empty

shit... guys this is scary stuff right here... if the gold is gone we have already lost the battle with the fed...

you guys dont know how freaked out i am right now if this is right.
 
Who cares, the gold was stolen from the people already. Not like we are going to give it back or anything. All it was for was so that the government could continue operating in case of complete meltdown of the monetary system.
 
So would that mean we couldnt go back to a gold standard even if we wanted to since we have no gold to peg the dollar to?

Also would that mean our currency really is just paper now with absolutely no actual currency backing?
 
i mean i knew it wasnt accounted for.. and i knew it may be gone... but officially? its gone and not somewhere else?

guys this means we will never have sound money...

hyperinflation is going to happen in our current system... we will have nothing to fall back on...

buy gold now... buy buy buy, shits about to happen real quick.
 
I cant believe I was right...I told my dad 3 years ago about the currency issue and to start buying gold. We have about 200 ounces now, Im gonna tell him to grab

some more before the price really sky rockets.
 
SigurdVolsung said:
So would that mean we couldnt go back to a gold standard even if we wanted to since we have no gold to peg the dollar to?

Also would that mean our currency really is just paper now with absolutely no actual currency backing?
Click to expand...

You know how Ron Paul says, "We are bankrupt." He means it. Not only do we have a debased currency that is going to become worthless but we also don't have any gold in reserves as it has all been sold into the market and bought by Russia and China.

For example, at the current gold price the current account deficit would mean we would need to send 1.2 Billion ounces of gold per year to China. 1.2 Billion ounces is 37,500 tons. The US claims to have 28,000 tons of gold .... of course it has not been audited in over 50 years.

So long as we live beyond our means we are destined to live below our means. There is going to be a radical and extreme shift in the standard of living of the average American.
 
Last edited:
I was sharing Ron Paul with some one I work with. She was amazed and shocked when I told her that our dollar is not backed by gold anymore. It's a shame that this is such a secret to the American people.
 
This doesn't sound right at all. I'm in the security field and everything I've known about Fort Knox points the to gold still being there and being audited bi-annually by independent organizations. Sure there isn't near as much as there was during the 60's but I'm pretty sure it's still there.
 
SigurdVolsung said:
So would that mean we couldnt go back to a gold standard even if we wanted to since we have no gold to peg the dollar to?

Also would that mean our currency really is just paper now with absolutely no actual currency backing?
Click to expand...

Um, fiat dollars have been completely unbacked since '71.
 
reaver said:
This doesn't sound right at all. I'm in the security field and everything I've known about Fort Knox points the to gold still being there and being audited bi-annually by independent organizations. Sure there isn't near as much as there was during the 60's but I'm pretty sure it's still there.
Click to expand...

GATA already cracked the central bank manipulation. As Landis (law degree from Harvard) says, "The case is pretty well cracked. Anyone who denies it is either complicit or ignorant."

Now GATA has turned their cites towards the US Treasury and other Western nations. We are in for some major shakeups. For example, KPMG audits the paper of the gold reserves but not the actual gold. I wonder if they write a lax opinion so they don't keep getting in trouble with the DoJ for tax advice to clients?

As I've been saying since the start of the year 'the tectonic plates of the world financial system are shifting in a big way.'
 
jonahtrainer said:
GATA already cracked the central bank manipulation. As Landis (law degree from Harvard) says, "The case is pretty well cracked. Anyone who denies it is either complicit or ignorant."

Now GATA has turned their cites towards the US Treasury and other Western nations. We are in for some major shakeups. For example, KPMG audits the paper of the gold reserves but not the actual gold. I wonder if they write a lax opinion so they don't keep getting in trouble with the DoJ for tax advice to clients?

As I've been saying since the start of the year 'the tectonic plates of the world financial system are shifting in a big way.'
Click to expand...

Well why don't the endorse RP for President???????????
 
SigurdVolsung said:
So would that mean we couldnt go back to a gold standard even if we wanted to since we have no gold to peg the dollar to?

Also would that mean our currency really is just paper now with absolutely no actual currency backing?
Click to expand...

I believe we still have a fair amount of silver around. The other option, of course, is to implement a transition plan to replenish the stores.

~X~
 
I got me two of these beauties!

MyRonPaulSilverRoundFront.jpg

MyRonPaulSilverRoundBack.jpg
 
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