[slima]

Germany has enough gold and that is all that matters. They could partner with Russia and the Nordic nations for a gold backed currency that would be a new Euro. The lazy fucks in the South of Europe and the French are toast. No way to avoid that. It will be ugly, but life will go on.

RankCountry/OrganizationGold
(tonnes)Gold's share
of national
forex reserves (%)[12]- European Union15,784.1N.A.1 United States of America8,133.576.6%2 Federal Republic of Germany3,396.373.7%3International Monetary Fund2,814.0N.A.4 Italian Republic2,451.873.4%5 French Republic2,435.471.8%6 People's Republic of China1,054.11.8%7 Swiss Confederation1,040.115.3%8 Russian Federation883.29.2%9 Japan765.23.5%10 Kingdom of the Netherlands612.561.9%

I was a bit surprised to find Japan higher on the list than India (11th).

from: http://en.wikipedia.org/wiki/Gold_re..._gold_holdings

[GeraldCortis]

Interesting but I still think that European/american PTBs will let both currencies go trash before implementing a gold/silver standard. And many will lose everything. And when gold comes into play, people in the west will be working for chinese wages. So, that will not solve populaces' liquidity problems. The PTB may not decide to use gold/silver to back up all the paper money in circulation after the crash. Something to chew on.

However, like I have said before a gazillion times on here, the Tulip Mania occurred under a strict gold standard and the bust happened anyway.

it is "speculation mindset" the culprit, as long as people want t to bet on their future, by borrowing or investing their nest savings, booms and busts wont go away, ever - never. How many do this right now, speculating on metals, commodities, etc... right, they may win also help the banskters doom the planet 99% . There is no such thing as securing one's future as everything will always happen in the "now". TPTB know this and wait for sound currency advocates around the corner. Buying time with money is the problem.

There is no future, no past... just the eternal present... trust randomness and serendipity.... I know this for a fact. As long as I could travel with a $afety net I felt fine, then savings went down and I panicked. We are very low on cash now and when an obstacle occurs, we surrender to it, stay calm and eventually many solutions surface. When the mind is is caught in this "fear of tomorrow game" we ultimately limit ourselves. The PTB/banksters literally bank on our fears. Money is not evil but speculation.

[THOUTHCAW]

Is Germany's gold still held at the NY Fed?

Yes. They asked for it back in the 3rd Q 2011 IIRC. They did not publish whether or not they got the gold (all from memory so sorry if wrong).