Gold and the US

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Sertorio
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Joined: Fri Dec 16, 2016 3:12 am

Gold and the US

Post by Sertorio » Sun May 12, 2019 3:29 am

From a source of uncertain credibility:
A particularly interesting piece to the gold story is that it may turn out that much of the gold supposedly stored in the US may in fact be missing. Since Nixon closed the “gold window” in 1971, ending the convertibility of US dollar for gold bullion, and until recently the US dollar has been able to retain its position as a global reserve currency by an act of sheer financial levitation, but that bit of magic may have actually been sleight of hand: behind-the-scenes gold sales to the largest US creditors. When various countries, Germany in particular, have attempted to repatriate their gold, which they had entrusted to the US, they were rebuffed, and when they did succeed, the gold that was returned wasn’t the same gold, and it took a long time. The US hunger for gold has forced it to conduct rather unseemly heists, stealing the gold reserves of Iraq, Libya and the Ukraine. Thus, when the time comes for the US to defend its currency by employing its hoard of gold, it may turn out that the cupboard is bare.


http://cluborlov.blogspot.com/2019/05/a ... fired.html

Dmitry Orlov (Russian: Дми́трий Орло́в; born 1962) is a Russian-American engineer and a writer on subjects related to "potential economic, ecological and political decline and collapse in the United States," something he has called “permanent crisis”. Orlov believes collapse will be the result of huge military budgets, government deficits, an unresponsive political system and declining oil production.

Orlov was born in Leningrad (now Saint Petersburg) and moved to the United States at the age of 12. He has a BS in Computer Engineering and an MA in Applied Linguistics. He was an eyewitness to the collapse of the Soviet Union over several extended visits to his Russian homeland between the late 1980s and mid-1990s.

In 2005 and 2006 Orlov wrote a number of articles comparing the collapse-preparedness of the U.S. and the Soviet Union published on small Peak Oil related sites. Orlov’s article "Closing the 'Collapse Gap': the USSR was better prepared for collapse than the US" was very popular at EnergyBulletin.Net.
Whether this is fact or fiction, remains to be seen...

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Doc
Posts: 3199
Joined: Thu Dec 15, 2016 7:09 pm
Location: Cradle To Grave

Re: Gold and the US

Post by Doc » Sun May 12, 2019 12:24 pm

Sertorio wrote:
Sun May 12, 2019 3:29 am
From a source of uncertain credibility:
A particularly interesting piece to the gold story is that it may turn out that much of the gold supposedly stored in the US may in fact be missing. Since Nixon closed the “gold window” in 1971, ending the convertibility of US dollar for gold bullion, and until recently the US dollar has been able to retain its position as a global reserve currency by an act of sheer financial levitation, but that bit of magic may have actually been sleight of hand: behind-the-scenes gold sales to the largest US creditors. When various countries, Germany in particular, have attempted to repatriate their gold, which they had entrusted to the US, they were rebuffed, and when they did succeed, the gold that was returned wasn’t the same gold, and it took a long time. The US hunger for gold has forced it to conduct rather unseemly heists, stealing the gold reserves of Iraq, Libya and the Ukraine. Thus, when the time comes for the US to defend its currency by employing its hoard of gold, it may turn out that the cupboard is bare.


http://cluborlov.blogspot.com/2019/05/a ... fired.html

Dmitry Orlov (Russian: Дми́трий Орло́в; born 1962) is a Russian-American engineer and a writer on subjects related to "potential economic, ecological and political decline and collapse in the United States," something he has called “permanent crisis”. Orlov believes collapse will be the result of huge military budgets, government deficits, an unresponsive political system and declining oil production.

Orlov was born in Leningrad (now Saint Petersburg) and moved to the United States at the age of 12. He has a BS in Computer Engineering and an MA in Applied Linguistics. He was an eyewitness to the collapse of the Soviet Union over several extended visits to his Russian homeland between the late 1980s and mid-1990s.

In 2005 and 2006 Orlov wrote a number of articles comparing the collapse-preparedness of the U.S. and the Soviet Union published on small Peak Oil related sites. Orlov’s article "Closing the 'Collapse Gap': the USSR was better prepared for collapse than the US" was very popular at EnergyBulletin.Net.
Whether this is fact or fiction, remains to be seen...
This is a very old conspiracy theory that has been completely de-bunk numerous times.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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