Bob Chapman : Central Banks Gold Holdings are bogus

Bob Chapman : The Central banks are allowed by the IMF to lease their gold , they lease it let's say to JP Morgan Chase hypothetically and they get 0.3 percent in interest , obviously they are not doing it to get an income or an income stream ...the IMF allows all these central banks if they chose to , to lease gold to say JP Morgan Chase let's say it is a billion dollars worth and let's say it is for ninety days and at the end of ninety days JP Morgan Chase does not return the gold they give the money US Dollars , so effectively the gold has not been leased it has been sold , now the IMF allows them and this is mind bugling all these central banks to carry all their leased gold on their books as still belonging to them even though they got paid for it , and so that's why all the figures that you see for the gold and silver holdings at the central banks around the world all are bogus

Ron Paul asks for full audit of the Gold at Fort Knox

06/23/11 : Time for a full audit. Ron Paul's Opening Statement: Monetary Policy Subcommittee - Gold at Fort Knox - Dr Ron Paul very courageously is demanding a full audit of the gold reserves in Fort Knox because it is a gold that belongs to the people . The focus of the hearing is on recent audits of U.S. gold reserves; challenges to conducting a full audit; and impediments to an accurate assessment of the US gold position, including any leases, swaps or other encumbrances placed upon the gold reserves; and also examine changes to the legislative proposal that will ensure a full and accurate audit, assay, and inventory of U.S. gold reserves.Ron Paul is a BAMF! He is Thomas Jefferson and Patrick Henry rolled into ONE. The old adage is true. The more you tell the truth, the more you'll be attacked. Solution. Tell even more truth until the attackers are exposed and go into Apathy. GO RON PAUL




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold and Silver Weekly Update with Tom Cloud

Tom Cloud is a veteran Gold and Silver  Advisor: An update on the U.S. Dollar how the Federal Reserve is going to act in the near future.The hard facts on how China and other emerging nations are impacting supply and demand for precious metals (and how these changes will affect prices.)
How you can add physical precious metals to your IRA (Wall Street and most financial advisors never talk about this topic...)Why silver prices are set to explode! (And the best way for you profit from them.)The shocking news that Tom Cloud is hearing from his global suppliers .What you should know about palladium (And how this metal can be a great addition to your portfolio.)Plus, Tom answers the burning question : "Is it too late to buy gold and silver?" (And if you already own gold and silver, "Is it too late to buy more now?")




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)