The Phaserl


17 Questions That Deserve Answers

from Deviant Investor:

1. Germany requested that the NY Federal Reserve return the gold that Germany shipped to the United States decades ago. If the gold were physically in the vaults, it would be relatively simple to ship the gold back to Germany. It has not been returned, which begs the question, where is Germany’s gold?

2. If Germany’s gold is “missing,” what about other gold from other countries that is supposedly stored at the NY Fed?

3. Does the U.S. gold supposedly stored at Fort Knox and at the NY Fed still exist in those vaults?

4. The U.S. believes in paper dollars and an unbacked debt based currency. Such currency can be created with little more than a few keystrokes on a Federal Reserve computer. Would the Fed and the U.S. government sell gold into the world market to slow the inevitable weakening of the U.S. dollar?

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