Germany is taking back it's Gold - Page 3 - TigerDroppings.com

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Rohan2Reed
Grambling Fan
T'uela me la pela
Member since Nov 2003
71159 posts

re: Germany is taking back it's Gold


Germany is in the process of becoming a more autonomous nation. They have also recently started expanding their military presence. This has little to do with the state of the U.S.

Here, read this.






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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Germany is taking back it's Gold


quote:

Germany is in the process of becoming a more autonomous nation.


Does that also include monetary autonomy? If so,


Gonna go read your link now



This post was edited on 1/17 at 9:59 pm


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Porky
Arkansas Fan
Member since Aug 2008
12578 posts

re: Germany is taking back it's Gold


quote:

Are we going to war with Germany again?

Is that what this means?

That hasn't even crossed my mind but since you brought it up, we need to deal with own problems instead of becoming another country's problem.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16563 posts

re: Germany is taking back it's Gold


quote:

They have also recently started expanding their military presence


Meh, so for the most part they are finally fulfilling their Nato responsibilites.






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beulahland
LSU Fan
Little D'arbonne
Member since Jan 2013
1615 posts

re: Germany is taking back it's Gold


quote:

fulfilling NATO responsibilities

that and preparing to cut off the socialist vampire bats that are the rest of the EU who are bleeding them white.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16563 posts

re: Germany is taking back it's Gold


quote:

that and preparing to cut off the socialist vampire bats that are the rest of the EU who are bleeding them white.


True, I was in Germany a few months ago, everyone I talked to were fricking sick of the deadbeats in southern Europe demanding more money from Germany.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
81229 posts
 Online 

re: Germany is taking back it's Gold


Germany no longer fears the Warsaw Pact over running it in a new European war (which was the reason Germany wanted significant amounts of its gold reserves to be stored off its soil) so it is bringing its gold home.

The U.S. Federal Reserve charges a type of storage fee to safeguard and store the gold, just like it does for all countries for which it holds their gold. Now that it feels safe to do so, Germany can store its own gold and avoid paying those fees to the Fed.






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boosiebadazz
Member since Feb 2008
45284 posts

re: Germany is taking back it's Gold


Finally, a real answer.







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HappyTownTiger
LSU Fan
Member since Jan 2012
1154 posts

re: Germany is taking back it's Gold


I thought they came in second in the tour de France. Ok, got it now.





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Porky
Arkansas Fan
Member since Aug 2008
12578 posts

re: Germany is taking back it's Gold


quote:

The U.S. Federal Reserve charges a type of storage fee to safeguard and store the gold, just like it does for all countries for which it holds their gold. Now that it feels safe to do so, Germany can store its own gold and avoid paying those fees to the Fed.

Makes sense.






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Tigah in the ATL
LSU Fan
Atlanta
Member since Feb 2005
24883 posts

re: Germany is taking back it's Gold


quote:

China is buying up all the gold it can get its hands on
No it's not. China could buy all the gold it wanted to if it were willing to pay market prices.

Gold is still a traded commodity. By definition that means there is always some to buy.






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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6311 posts

re: Germany is taking back it's Gold


Wiki,

When Bitcoins can be used to buy groceries in a supermarket, pay my cell phone, water, gas, electricity, mortgage,etc... Make an update and I'm in. I'll start a thread saying "wiki told me so"

Most of the items on that store I can get cheaper with cash, if that 16.18 is correct






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Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
41252 posts

re: Germany is taking back it's Gold


quote:


China is buying up all the gold it can get its hands on



No it's not. China could buy all the gold it wanted to if it were willing to pay market prices.

Gold is still a traded commodity. By definition that means there is always some to buy.




No it's not?

So, all the stories on The Chinese Government and citizens buying up gold and causing the price of gold to go through the roof is just a really clever ruse?






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