Where's the Gold?

If the reality here is that the World Bank is saying the US and Germany have no Gold and France is down to 30 tons, then who has the GOLD? Then America is a complete. WANKERS Man of Straw operation. Credibility- Zero!

Did the corrupt Cabal political system under the Bushes blow out the countries gold? If so the one must assume that Asia has it. Ad if so then the game is a fixed odds play at a time of their own choosing.

What would happen if say China decided that it would only accept money backed by assets, not simple Fiat paper, while tying their own currency to gold? While that would likely be an error through time it sure would complicate life very quickly.



Canadian Bryant Blake (who goes by the handle Rhody) has perhaps discovered something huge with respect to accounting for gold by the World Bank. The world bank has hinted in the past that it wished to discount leased gold. Its looks to me that they followed through on their promise.

"please feel free to bring in any of your associates to investigate the drop in reserves for the U.S, Germany, and France that is shown on the World Bank reserve table:

http://data.worldbank.org/indicator/FI.RES.TOTL.CD.

You might want to post the world bank link table on LeMet in case the world bank removes it from the public domain. Below is a table which converts the drops in reserves to drops in gold holdings. Based on the numbers, all of the U.S. and German gold, and most of the French gold is gone if it is assumed that SDR and currency reserves stayed the same from 2011 to 2012. Even if the SDR and currency reserves for these countries dropped to zero, the 2012 reserves indicate gold holdings dropped about 70%." -Bryant 

Change in Sovereign Reserves
Country	United States	Germany	France
2011 Gold Price	$1531/oz	$1531/oz	$1531/oz
2011 Total Reserves($Mil)	530,267	234,104	168,490
2011 Gold equivalent of reserves (mil oz)	350.92	152.91	110.05
2011 Gold equivalent of reserves (Tonnes)	10,915	4,756	3,423
Official Gold Reserves 9/13 (Tonnes)	8,134	3,391	2,435
% Gold value of total reserves	74.5%	71.3%	71.1%
% Gold value of total reserves WGC 9/13	71.6%	68.6%	66.8%
2012 Gold Price	$1657/oz	$1657/oz	$1657/oz
2012 Total Reserves($Mil)	139,138	67,422	54,230
2012 Gold equivalent of reserves (mil oz)	83.97	40.69	32.73
2012 Gold equivalent of reserves (Tonnes)	2,612	1,266	1,018
Drop in Gold Reserve (mil oz)	266.95	112.22	77.32
Drop in Gold Reserve (Tonnes)	8,303	3,490	2,405
Remaining Gold (Tonnes)	0	0	30
Total Gold Reduction (Tonnes) = 13,930
Total Gold Reduction (Mil Oz) = 447.86

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More from Bryant...

http://www.usmint.gov/about_the_mint/?action=annual_report The 2012 us mint report on page 42 reports deep storage gold with a market value of $435 billion on 9/30/12. This compares with end of 2012 us reserve per world bank of $139.1 billion. I remember some talk of the world bank discounting leased gold a few years ago. If they have implemented this it appears the us has leased all of its gold and has none which is unencumbered.