Replies to post #19230 on Petaquilla Minerals Ltd. (fka PTQMF)

[mjkiii]

I understand that Germany, Netherlands, Vietnam...

and several other countries are demanding repatriation of their gold reserves in USA and UK. USA said they could not guarantee safe transport...Germans have responded, "We will come and get it!". I smell the ghost of Billie Sol Estes!! I doubt very much that there is now physical gold sufficient to back up all these fund/storage outfits and the sovereign holdings that countries have stored overseas. I suspect they have been collateralized several times over. Just like your bank balance...unless you have the Franklin's in your hand, or the Krugerrands on the table...it is just a number on a piece of paper. USA may soon suck up those bank accounts and issue you a "bond" that no one will accept.