USA Gold Reserves ~ Disappearing ~ Where did 48K = 48,000 Metric TONS Go ?!?!?
(media.greatawakening.win)
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The gold was removed from fort Knox a long time ago. Some said it was stored under the World trade center. We know that some of it was, and then it was gone after 911.
Trump and Q led us to believe Trump got it back from the Vatican where it was taken.
MAYBE Trump got it back. REMEMBER that Vatican visit and grumpy pope and ALL those planes leaving Rome headed for the US.
Don’t forget the looong precession of those blacked out Cadillac? Tahoe? SUV’s that were filmed leaving the Vatican with a noticeable amount of weight in them by their stance and their turns….
Throughout most of U.S. history, American currency was tied to the value of gold, requiring the country to maintain large gold reserves to be able to support a gold standard.
We immediately see that there have been some significant changes to U.S. gold holdings over time. U.S. gold reserves doubled from 1900 to 1913, nearly doubled again from 1913 to 1933, quadrupled from 1933 to 1941, and then halved by 1970.
We also plot the U.S. goods trade balance as a percentage of gross domestic product (GDP) because, under a gold standard, we would expect the U.S. to accumulate gold when it runs trade surpluses and gold to flow out when the U.S. runs trade deficits. In general, we see the U.S. accumulating gold as it ran trade surpluses from 1878 until the early 1920s, but afterward this relationship was tenuous at best as the international payments system experienced heightened uncertainty and significant change.
Conclusion
After World War II, it became obvious that the world needed a new international payments system that incorporated the lessons learned from the previous three decades, and thus the Bretton Woods system was born. The hope was to still have a system with the discipline of gold built in but not too constraining to induce unnecessary economic hardship that nations experienced trying to salvage the gold standard after World War I. Under Bretton Woods, only the U.S. dollar was tied to gold, while other currencies were tied to the value of the U.S. dollar, thereby creating a system of fixed exchange rates. This gold exchange standard indirectly linked other currencies’ value to gold.
However, eventually fear mounted that the U.S. would not be able to meet its commitment to the gold-dollar exchange rate after persistent balance-of-payments deficits led to too many dollars in circulation, so there was a run on U.S. gold reserves in which they were halved by 1970. From 1957 to 1970, the U.S. actually ran slight trade surpluses (about 0.7% of GDP), yet gold flowed out of the U.S. in droves. Although gold indirectly backed the international payments system during Bretton Woods, the mechanism to balance trade flows through the exchange of gold did not function as we saw under the classical gold standard.
President Richard Nixon ultimately ended gold-dollar convertibility in 1971,7 effectively ending the Bretton Woods system; the result was a new system of fiat currency and floating exchange rates. Despite increasing U.S. trade deficits since the end of Bretton Woods, the country’s gold reserves have remained relatively stable (as seen in the figure above ), underscoring the present weak (and possibly nonexistent) link between gold and trade flows.
Below for whole review from link in post
ttps://www.stlouisfed.org/publications/regional-economist/first-quarter-2020/changing-relationship-trade-americas-gold-reserves
Nixon HAD to do that or we'd have zero gold after every foreign country wanted to cash out...
Upon digging, a year or so ago, I found the same reasoning. . . "Nixon. The unknown"
Wait till they audit remaining gold bars and hopefully they dont find any with tungsten cores. Favorite trick of Chinese counterfeiters.
It was Bill Clinton that pioneered tungsten cores. The theory is that he and his gang plundered US gold reserves and covered up the crime with gold foil-wrapped tungsten bars. Some were later shipped to the Chinese, who discovered the fraud. Hence all gold entering China must now be melted down and recast. There are definitely fake gold coins coming out of China, and these are being sold on eBay - usually as fake coins, but there is nothing to stop them being sold as the real thing.
https://www.thelibertybeacon.com/clintons-federal-reserve-stole-fort-knox-gold-wake-up/
Interesting and clever move by slick Bill. Can’t know him for that move-especially if he sent it to Chyna! Lol
Better check with Mendendez. https://nypost.com/2024/05/21/us-news/sen-bob-menendezs-cluttered-home-loaded-with-gold-bars-wad-of-cash-stashed-in-boot-new-photos/
I agree. Check Menendez.
2619
Q !!mG7VJxZNCI 12/12/2018 19:01:15 ID: 089200 (Not to worry) 8chan/qresearch: 4281049 Anonymous 12/12/2018 18:57:57 ID:376ff2 8chan/qresearch: 4280876
Check Davos.
In case you wondered: Today's value of 48,000 metric tons of gold:
$55,886,360 (per ton) × 48000 tons = $268,311,120,000,000
This is approximately $268.3 trillion.
I fixed the math sorry, it was before my covfefe....
What is it for 48000 tons?
Fixed it above.
What are we calculating here?
Edit never mind it’s corrected!
Seem high doesn't it? Did we have that much gold to begin with (and of course that isn't all of it).
According to: https://www.usgs.gov/faqs/how-much-gold-has-been-found-world
About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Most of that gold has come from just three countries: China, Australia, and South Africa. The United States ranked fourth in gold production in 2016.
All of the gold discovered thus far would fit in a cube that is 23 meters wide on every side.
Most of the gold that is fabricated today goes into the manufacture of jewelry, but gold is also an essential industrial metal that performs critical functions in computers, communications equipment, spacecraft, jet aircraft engines, and a host of other products.
This site: https://www.usmoneyreserve.com/news/gold/how-much-gold-is-in-the-world/
Claims: No one knows for certain how to calculate the total amount of gold ever mined, but the best guess is that around 190,040 tonnes of gold have been mined throughout history, reports the World Gold Council (WGC). Each year, mining operations extract about 2,500 to 3,000 tonnes of gold.
Isn't the huge gold drop at the beginning of the chart about the same time the US republic went broke and all this US corporation crap started?
The interesting one is the lead up to Nixon taking us off the gold standard. The whole narrative was "omg speculators in the gold market!" but it looks like it was their asses selling our gold off.
I really don't like these people.
1860 ? When The Government lost it's quorum ?
Check the blockchain... oh wait
It went to
FUCK YOU WE'RE GONNA PUT YOU IN JAIL FOR NOTICING THAT WE STOLE IT
...
.com
If it is still missing, has anyone checked Ukraine? We have been feeding them money for the last couple of years. Of course I heard they were getting Federal Reserve Notes, but they probably turned them down🤣
The chart seems kind of skewed before 1888. Maximum gold US federal reserve/tresury ever had was 22,500 tons. a) 2,000 tons financed the Marshall Plan to rebuild European countries (UN vassal states) after WW 2, ____ b) 5,000 tons at $35 per ounce in 1950s for balance of trade payments to other countries with USA had deficits with, ___c) 3,000 tons to UK and Switzerland during American Vietnam War and LBJ Great Society inflation period in order to “stabilize” the gold pool, ____d) 1970 International Monetary Fund got 1,000 tons for “currency support” and ____ e) 1971 sales and trades of 2,000 tons getting ready for the end of dollar (actually Federal Reserve Notes) convertibility = 13,000 tons accounted for as traded and given away. Note: Americans hold 26,000 tons of gold in private so do not worry when they come out and tell us that China has 30,000 tons
Sources: sorry, some of these links might not work, having trouble with ipad *I appreciate any corrections if anyone can post them — automatically changing “_” to “-“ as I type but these are the sources https://www.stlouisfed.org/publications/regional-economist/first-quarter-2020/changing-relationship-trade-americas-gold-reserves ____ https://www.federalreservehistory.org/essays/gold-convertibility-ends ____ https://www.federalreservehistory.org/essays/london_gold_pool _____ https://www.usmoneyreserve.com/news/executive-insights/history-gold-in-america/ ____ https://www.federalreservehistory.org/essays/nixon_ends_bretton_woods_system
ch ch ch ch CHY
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I wonder if they'll try a repeat of the 1933 "Gold Recovery [read: theft] Act"
like the left sock........Noooooooooooobody knows
You have left and right socks??
it was a cartoon from Rin and stimpy...the dryer is always eating a sock and it was a joke
it was a disgusting smell.. yet familiar.
You don't ?
We were so poor, we had to wear rocks as socks.,
Ah .... the ownership question comes up after decades of hypothecation, rehypothecation, rehypothecation, ad nauseam. Who own what?
This is going to be interesting.
Now the FED has to capitulate it's siloed casino paper market, because the time is come for a revaluation.
Ok, one more rinse round for the speculators ....
Let me introduce you to the Q Plan! Keke
Somebody always brings up the Philippine Archipelago.