Germany tried to cash out. The gold isn't there. Brace for the third impact. Thanks, Asuka. You baka.
>>60194876Gold run before bank run wasn't what I was expecting. The FDIC can't save you from this one, goldbugs.
>>60194876this has been known for a long timechina and india bought all that gold a long time agoI'm surprised the dutch gold was returned, maybe they were fake bars and the dutch pretended not to notice to not trigger an immediate world economic meltdown
>>60194876Lol first the Argentinian gold shipped to "somewhere", now the الألمان discovering their reserves in the hands of le enemy. They should just pivot into buttcoin, then discover they are now in the hands of 50 autistic incels.
>>60194940The only goldbugs this will burn are those who accepted gold certificates over real gold - even though it is a consistent pattern that certificate sellers get greedy and sell more promissory notes than they can honor. Anyone with actual metal benefits as the perceived supply of gold falls to better match the real supply.
>>60194940Goldbugs all stack physical though.Kek at Germany thinking it should store its PMs in another country overseas.
>>60194876Great depression 2.
>>60195065Gold in general will dump if this is true.
>>60195129And then the scramble for physical that follows will send demand and price through the roof.
>>60194876What would be the effect on gold's price?
>>60195248Think “toilet paper shortage” on steroids
if you want it, then you will have to take it. How does Germany respond without sounding mad
>>60195248Where is the gold? Is there gold in fort knox? What about the vault of the Federal Reserve Bank of New York. How much gold do countries hold? How much gold do you hold? Physically, in your hands. If you don't hold it, you don't own it.
>>60195370Answer the question you fucking nigger
>>60195388We are playing musical chairs. Everyone thinks they have a seat. What is the paper to gold or paper to silver ratio at? When the music stops are you holding your seat?
>>60195370I have 1 gold ducat
>>60194876
>>60194876here it comes...the massive crash when everyone realizes that "claim on goods" does not equal "goods"
>>60195129They have until July 1st.
>>60195248It would crash short term due to the paper markets dumping, then once physical gold is now required prices would shoot up
>>60194876I can't believe it. The WWIII will also escalated by the Germans.
>>60196591>Geez Ghost of Ferdinand, the Rothchilds let you have THREE world wars!?
>>60195388I predict that at first the price will crater due to them selling off all of their paper derivatives, then the price will skyrocket as everyone globally panics and buys what they can. Silver will follow because people will soon question how much silver there actually is. Right now we have central banks buying up gold like mad because I think they know this is coming.
So does this mean its time for me to scrape the rust off my pan and head bush?There's a thousand square kilometres of mountainous bushland near my house that was bought by a gold mining company for "future operations" I always figured they wouldn't miss a few panfuls of gold dust
>>60194876This is how WWIII will start and Germany will be up to their old tricks again.
>>60196591>mutts agree to hold someones gold>they sell it to chinks or jews or whoever>the original owner wants it back>this is somehow the original owners and not mutts faultpathetic kike
>>60194876why would you store 'your' gold in another country?
>>60196515Just FYI all these iraqi ingots in dumpsters images are brass.
How many ounces of Au is enough to make it?
>>60195248The value of gold stonks will plummetThe value of physical gold will skyrocketGold stonks become a shitcoin basically, an nft of real gold
>>60198134It makes more sense in a world where borders can rapidly shift. When a country is invaded, the first thing the invaders do is raid the vaults. When the US took possession, it was one of the most trustworthy places at the time. Now that trust is gone and the depositors are looking to redeem. Gold has but one real use between sovereigns - it's the engine of war.
West Europe is still on a war footing with Russia. They know the US is on the verge of ceasing support to Ukraine, so the Germans and the French are starting to rebuild their domestic armies and munition production. This is why Germany wants the gold back.
>>60195098Think it was more a we took all their gold after a war kind of situation.
>>60199605It wasn't just Germany. The US drained the hell out of Europe's gold at large. That's how it became the central economic power in the post WWII world. The UK and its allies had to pay for US produced goods and armaments with gold.
>>60194940>The FDICCan pay for less than 4% of the accounts it "insures" LOL What a fucking scam it all is
>>60196515>weapons of mass destruction
>>60194940What are you smoking? If it turns out that there's not enough physical reserves the price of physical gold would explode while the price of paper gold would plummet. Gold bugs obviously hold physical
>>60197789NOT YOUR KEYS NOT YOUR CRYPTO
