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Re: SeaBlue post# 19123

Friday, 04/05/2024 3:02:19 PM

Friday, April 05, 2024 3:02:19 PM

Post# of 19209
Yeah, it may the case of some combination of both of those things. They don't have the gold they claim they do and IMO they DEFINITELY are and will continue to overstate what they have by overleveraging the actual physical gold being held. In much the same way they manipulate the paper traded gold market now. This country hasn't had a physical inventory of its gold holdings since the 1950"s. How much manipulation has been done since then? My guess would be a SHITLOAD.

If I were a foreign country with repatriated gold held in the U.S. now, I would be VERY nervous about ever seeing it again. I wouldn't trust them to give it back to me as far as I could pick-up Janet Felon's fat-ass and throw her. All the government has to do is claim they don't like your policies and confiscate your gold in a fashion similar to how they have weaponized the dollar. As crazy as that may sound, IMO it could happen if a fiat debt bubble bursts and faith is totally lost in fiat.

Even if the world should move back to some sort of gold-backed currency that would drive the physical gold price through the roof and as we all know, HE WHO HOLDS THE PHYSICAL GOLD IS THE OWNER OF IT.

It wouldn't surprise me in the least if repariated gold held here would stay here.