US Gold going, going, ...GONE! (or leased out)?

[Hunter]

https://en.wikipedia.org/wiki/Gold_reserve
As of June 2013 (Top 40 based on World Gold Council data), Officially reported gold holdings:

Ranking
1. USA - 8,133.5 tonnes *[has not been truly audited/verified for decades]
2. Germany - 3,390.6 tonnes *[recently told they have to wait 7yrs just to repatriate 300 tonnes]
3. IMF - 2,814.0 tonnes

9. China - 1,054.1 tonnes *[likely much, much more in reality]

*Edit to above: all comments in square brackets are mine


http://data.worldbank.org/indicator/FI.RES.TOTL.CD
United States: Total reserves (includes gold, current US$)

2008 - $294,045,678,447 <---- (severe economic crisis, TARP/QE commence)
2009 - $404,098,902,069
2010 - $488,928,295,253
2011 - $537,267,272,428
2012 - $139,133,877,266 <---- (getting worse, compare to 2008)
2013 - $???, ???, ???, ??? <---- (is it even worse than 2012?)


Now contrast the above declining figures (quoted in billions) with the Federal Reserve's reserve balances (almost $2.4 trillion) shown below. Both reserves were increasing in the first few years, since 2008, but now they are diverging in a BIG way over the last 2 years.

http://research.stlouisfed.org/fred2/se ... AL?cid=123
Reserve Balances with Federal Reserve Banks



Also, note the increase in actual currency in circulation shown below.

St. Louis Adjusted Monetary Base (BASE)



For the public record, the Federal Reserve states they've owned no gold since 1934 (though some claim they have do through gold certificates/accounting documents issued to the banks which provide the authority to demand and receive gold from the Treasury.
(see video below)

http://youtu.be/Lu32deAm_n8
http://www.youtube.com/watch?v=Lu32deAm_n8
Federal Reserve Admits "We Have NO Gold"


______________________________________________________________

To conclude, you can read this article which surmises that all US gold has been leased out. It appears that this is quite plausible - given these data and other market peculiarities.

http://investmentwatchblog.com/world-bank-all-gold-in-fort-knox-is-leased-is-no-longer-included-in-reserves/

United States
294,045,678,447 (2008)
404,098,902,069 (2009)
488,928,295,253 (2010)
537,267,272,428 (2011)
139,133,877,266 (2012)

World bank values gold at Year-end London fix. In 2011, that was $1,531 / Oz.

The Federal Reserve says there is 241,000,000 ounces of gold in Fort Knox (& associated vaults)..

That would value the gold at $368 Billion in 2011.

In 2012, the year-end price was $1,657 yet the reserves FELL to only $139 Billion!!!!

So, for 2012 if the World Bank has not included Leased Gold in the foreign reserves, then the drop from $537 Bn -> $139 Bn = $398 Bn equates to ALL the US gold (remember, around $368 Bn of gold).

IT IS ALL LEASED!!!
THEY CAN’T HIDE IT FOR MUCH LONGER.

Read more at http://investmentwatchblog.com/world-ba ... 9mwbUbq.99

[Staropramen]

I've heard several commentators speaking back in the 1960's say that the gold was already gone back then and they were working on getting the silver.

I have a collection of rare transcriptions of Wally Butterworth digitised and uploaded here;

http://archive.org/details/TheWallyButt ... Collection

Listen to recording #4: Goodbye Silver, Hail the New One Dollar Bill. In this recording Wally mentions and quotes attorney/anti-Fed crusader Jerome Daly. I also have a speech by him. I just checked the site I had it uploaded to but the sound file is not working. I can upload it tomorrow if you want to hear it.

[Hunter]

Thanks for the link Staropramen, ...sure, upload it if you'd like.

[Hunter]

This summation of the original Eric Sprott piece and it's accompanying graph quickly illustrate the inconsistencies with the numbers reported within the gold market.

http://goldsilverworlds.com/gold-silver-general/sprott-research-shows-4500-tonnes-of-unexplained-gold-exports-in-us/

Eric Sprott has been advocating for a long time that the official gold market figures are representing nothing but the truth. On several occasions, he has concluded with the words “the data simply don’t make up.” His general thesis has been that central banks of the major Western regions have been cheating with their physical gold reserves, by leasing it to their agencies.

As Sprott relies on data, and as he was not believing the official figures, he conducted his own research. Based on official data from the US Census Bureau, he calculated the simply supply / demand evolution over the span of 22 years. The summary of his conclusion (source: Do Central Banks Have Any Gold Left http://www.sprott.com/markets-at-a-glan ... t-part-ii/):


The total amount of gold that the US has exported – above and beyond its supply capability – is almost 4,500 tonnes! A truly stunning figure.

TABLE 3: US GOLD MARKET, CUMULATIVE SUPPLY DEMAND 1991-2012 (IN TONNES)

[Staropramen]

Thanks for the link Staropramen, ...sure, upload it if you'd like.

I contacted the Admin at the site it's uploaded to to see if he can fix it. If not I'll upload it on my site. Hopefully I have a digital hard copy. Otherwise I'll rip it from the vinyl as soon as I can.

[Staropramen]

Ok, here you go. Speech by Jerome Daly;

http://historicalrecordings.net/audio/5 ... aly+Speech

Here's part 1, a speech by AJ Porth;

http://historicalrecordings.net/audio/5 ... rth+Speech

[Staropramen]

Working on sorting the domain name expiration thing at the above links.

EDIT: We're good again! Enjoy the audios!

[Kentucky]

Just think, two weeks ago we had enough money to bomb Syria.

Mark

[brucebohn]

The world's Gold is not going anywhere, it will be used to
pave the streets of the Kingdom... I am personally unconcerned
with who is in possession of the shiny metal. It will
be of little value in the life to come! Mere decoration.
The Fool's who support Ron Paul & his call for precious
metal backed currency seem to have forgotten just who
is in complete control of the world's gold & silver...
Paul is a shill, as is his son! Babylon is collapsing
before our very eye's and the sooner we escape
this material/secular/humanist world, the better.....
True wealth comes with Spiritual awareness..
What a distraction.

[Kentucky]

The Fool's who support Ron Paul & his call for precious
metal backed currency seem to have forgotten just who
is in complete control of the world's gold & silver...
Paul is a shill, as is his son!

Same with Glenn Beck where every other commercial is peddling gold coins. It (gold) only seems to be important to the merchants of the earth; Rev. 18:12-13 and the last thing on their agenda is "the souls of men." Yeah, the old visions of grandeur where the streets are paved with gold is not opulence, but worthlessness.

Mark