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I thought we had the German gold. Supposedly it was moved to West Point for safekeeping during the Cold War. They asked for it back after Obama took office and were told to get bent.
That's why they can't give it up; they don't have it. And I love how they're now trying to backstop the Eurozone with more phony paper, this time the mythical SDR created by the IMF. If the SDR is worth anything, how many does it take to buy an ounce of gold? Sorry, we can't tell you. SDRs are so valuable, ordinary humans can't own them, and the IMF can save the world just by pledging a few. |
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