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WikiTiger  LSU Fan Member since Sep 2007 38253 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:37 pm to RCDfan1950)
quote:
How many of yall who have gold, would be okay with the current Government holding it?
shite man, they don't even need to hold it to get it. http://en.wikipedia.org/wiki/Executive_Order_6102
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BlackHelicopterPilot  LSU Fan Top secret lab Member since Feb 2004 26440 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:38 pm to WikiTiger)
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anyone want to talk about Bitcoin in here? It's been rallying the past couple weeks! Up to $16.18 right now!
I appreciate your perseverance. I still have NO IDEA what on earth I can do with them today. I have gone to the site and seen a list of companies using them....and can't imagine what I would be able to accomplish if I had an e-wallet with 1000 bitcoins right now.
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acgeaux129  LSU Fan We are BR Member since Sep 2007 13806 posts
Online

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:38 pm to WikiTiger)
How liquid is the market? Might try to swing trade some of dat for fun. Might have better results than CFB betting.
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WikiTiger  LSU Fan Member since Sep 2007 38253 posts

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quote:
I still have NO IDEA what on earth I can do with them today. I have gone to the site and seen a list of companies using them....and can't imagine what I would be able to accomplish if I had an e-wallet with 1000 bitcoins right now.
http://www.bitcoinstore.com/
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tiger perry  LSU Fan Lafayette, LA Member since Dec 2009 14859 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:40 pm to RCDfan1950)
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How many of yall who have gold, would be okay with the current Government holding it
no thank you.
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WikiTiger  LSU Fan Member since Sep 2007 38253 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:41 pm to acgeaux129)
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How liquid is the market?
tough to initially get setup, and also off-putting to people that are privacy conscious (due to financial and money laundering government regulations), but once setup, it's very easy to buy and sell
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Mike da Tigah Ft. New Richmond Member since Feb 2005 36764 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:45 pm to RCDfan1950)
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Those Germans may have went off the rails back when...but they are smart folk.
Our current weaponry, even small arms are a tribute to that.
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boosiebadazz Member since Feb 2008 36680 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:48 pm to Mike da Tigah)
Be really cool to know the security precautions they'll put in place for the transfer
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WikiTiger  LSU Fan Member since Sep 2007 38253 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:49 pm to boosiebadazz)
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Be really cool to know the security precautions they'll put in place for the transfer
Well, they are breaking it up into small(ish) transfers over a period of 8 years. I wouldn't be surprised if they also utilized decoys along with more traditional methods of security.
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boosiebadazz Member since Feb 2008 36680 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:51 pm to WikiTiger)
Brining it over on warships? C-130's with escorts? I'm sure they go for the overkill
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WikiTiger  LSU Fan Member since Sep 2007 38253 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 7:55 pm to boosiebadazz)
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Brining it over on warships? C-130's with escorts?
those will be the decoys. the real shipment will be in some guys checked baggage on a lufthansa flight
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Porky  Arkansas Fan Member since Aug 2008 9315 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 8:03 pm to Mike da Tigah)
Our government spends money like an irresponsible teenager with no limits on daddy's credit card and the federal reserve is all too eager to accommodate it, knowing it's backed by the taxpayers, who actually have to work for it in order to pay it back...of course, with interest. Germany not trusting their gold in the hands of the U.S. just makes common sense.
This post was edited on 1/18 at 12:48 am
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SmackoverHawg  Arkansas Fan Member since Oct 2011 5771 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 8:23 pm to Porky)
The US is obviously no longer the safest place for their money. And, their getting ready to invade all the deadbeat countries sucking the EU dry.
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beulahland  LSU Fan Omaha and #7!!! Member since Jan 2013 746 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 8:35 pm to Mike da Tigah)
germans have lost confidence in the USA. i suppose it comes with our bad credit rating.
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Porky  Arkansas Fan Member since Aug 2008 9315 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 8:36 pm to SmackoverHawg)
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The US is obviously no longer the safest place for their money.
Our political system has becomes so ridiculous that it's ridiculous.
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Mike da Tigah Ft. New Richmond Member since Feb 2005 36764 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 8:58 pm to Porky)
Considering Its Germany, the economic powerhouse of Europe, only makes the move more troubling.
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dr smartass phd  LSU Fan Pennsylvania Member since Sep 2004 10229 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 9:14 pm to Mike da Tigah)
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The AP reports that all 374 tons of German gold held in Paris and a further 300 tons of gold stored in New York will be moved back to vaults in Frankfurt by 2020.
Seven years to move it, that ought to tell you, we don't have it anymore.
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Sid in Lakeshore  LSU Fan Member since Oct 2008 18053 posts
Online

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 9:36 pm to dr smartass phd)
Well, this thread has certainly brought out the fricking morons... The Poli board delivers: 
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Porky  Arkansas Fan Member since Aug 2008 9315 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 9:41 pm to Mike da Tigah)
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Considering Its Germany, the economic powerhouse of Europe, only makes the move more troubling.
Amen. The fact that they've done some stupid shite in the past doesn't mean they don't know the score.
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boosiebadazz Member since Feb 2008 36680 posts

| re: Germany is taking back it's Gold (Posted on 1/17/13 at 9:51 pm to Porky)
Are we going to war with Germany again? Is that what this means?
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