5 questions about gold, which can be answered by any central banker
, you would have the possibility of a Fed chief to interview on camera. Ask him yet again the following questions.
1) What weighs more, all in outstanding 100-dollar banknotes or all of the U.S. gold reserves?
2) Why the price of gold falls randomly every day from 14:20 CET and the clock for 20 years?
3) Why do today, no part of the gold to monetary stability and economic prosperity created monetary system to be more?
4) How big are the gold reserves of China?
5) What would your Grandchildren a birthday gift rather, U.S. government bonds or physical gold?
Well, you probably will not, no honest or at least get no clear answers.
1) Admittedly, this question from the state so easily answered no. It is more symbolic way, but one thing is at least documented certain: the total of all cash in circulation in 2008, 100-dollar bills corresponded to the equivalent of 625 billion U.S. Dollar.10.000 piece of a 100-dollar bill weigh according to the information from the Federal Reserve pound 22 (10 kilograms, or 1 bill = 1 gram). Ergo: The totality of all 100-dollar notes is difficult to 6,250 tonnes. What about the U.S. gold reserves? The official Stocks comprise 8133.50 tonnes. But we know that a large part of central bank gold receivables are only on paper. This should lead to a cradle competition is pretty tight for the U.S. gold reserves.
2) Because at this time of the American futures market opened, manipulated the price of gold on the market targeted by central banks. more about this in the book "Secret gold politics," by Dimitri Speck.
3) Because the banks then no more money from the produce nothing could be to allow unlimited banking profits and to rule the world. can of monetary stability and sustained economic prosperity in the current debt money system really the question.
4) Whoever quoted the official reserve statistics of the World Gold Council, is wrong for sure. China 2009 as an inventory change announced, suddenly 450 tons were more into the official books. Before six years had no changes in the long gold stocks in China have been expelled. It must be assumed that China is further
secretly accumulating gold reserves and surprised the gold market in a few months back with new numbers.
5) If you get a concrete answer, then they will be cheated with an estimated probability of about 100 percent.
Source: Goldreporter.de
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