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Ft Knox hypothetical
Posted on 2/22/25 at 10:35 am
Posted on 2/22/25 at 10:35 am
First off, yes, I realize that we are not on the Gold Standard. Got it. Understood.
IF Trump walked in and found it to be completely empty, what would he do?
1. Makes the announcement and markets crash.
2. Does not disclose the information.
3. Makes the announcement and the real movers simply shrug because they knew it wasn’t there anyway, while feigning anger.
4.?
IF Trump walked in and found it to be completely empty, what would he do?
1. Makes the announcement and markets crash.
2. Does not disclose the information.
3. Makes the announcement and the real movers simply shrug because they knew it wasn’t there anyway, while feigning anger.
4.?
Posted on 2/22/25 at 10:38 am to Bamafig
Secret grand jury assembles.
Posted on 2/22/25 at 10:38 am to Bamafig
It’s a good question.
Let’s first start my determining what does the gold represent in the first place?
As you say - the US is no longer on the gold standard.
It’s not the nation’s wealth.
What IS the purpose of the gold?
Just read it’s worth 435billion.
About what Dems scam through Act Blue in a weekend.
Let’s first start my determining what does the gold represent in the first place?
As you say - the US is no longer on the gold standard.
It’s not the nation’s wealth.
What IS the purpose of the gold?
Just read it’s worth 435billion.
About what Dems scam through Act Blue in a weekend.
This post was edited on 2/22/25 at 10:43 am
Posted on 2/22/25 at 10:40 am to Bamafig
Why would he hide it? I’d assume launch an investigation to look into it further. I doubt it would crash the economy, it would just be another embarrassment for our country.
Posted on 2/22/25 at 10:47 am to Bamafig
If it's gone, you'll see a temporary disruption, but it will be a very big one. Our markets have been pretty resilient when it comes to recovery in recent years, though.
Half a trillion dollars (147 million ounces at 3k per oz) would put a dent in the national balance sheet, for sure.
Half a trillion dollars (147 million ounces at 3k per oz) would put a dent in the national balance sheet, for sure.
Posted on 2/22/25 at 10:48 am to Bamafig
Austin Powers will find goldmember
Posted on 2/22/25 at 10:50 am to Bamafig
I may be mistaken, and please correct me if so, but I thought we also stored some other countries gold, as well. If so, I imagine some shite would fly.
Posted on 2/22/25 at 10:54 am to Bamafig
What if its more than thought? Would we then use the excess to back Bitcoin?
Posted on 2/22/25 at 10:58 am to Bamafig
1)Immediate disclosure
2)Immediate investigation
3)Immediate accountability
Gold would skyrocket, US would lose credibility, dollar would drop significantly, US markets would sell off and most severely in financial sector
2)Immediate investigation
3)Immediate accountability
Gold would skyrocket, US would lose credibility, dollar would drop significantly, US markets would sell off and most severely in financial sector
Posted on 2/22/25 at 11:05 am to Great Plains Tiger
quote:
Gold would skyrocket Gold would skyrocket
I guess that depends on where the missing gold is. If it was slowly placed in circulation it would have increased the supply and should lower the price, now that it’s known. If it was just moved or relocated to other countries, still out of circulation, maybe not.
I’m not a Gold Bug or financial guy, so just spit-balling.
Posted on 2/22/25 at 11:06 am to Great Plains Tiger
quote:
Gold would skyrocket, US would lose credibility, dollar would drop significantly, US markets would sell off and most severely in financial sector
I think the dollar and our stock market would be ok. We're 36T$ in debt so how much would .5T$ more hurt?
Supposedly there's only 23T$ in gold in the world so losing $.5T would spike prices somewhat.
This post was edited on 2/22/25 at 11:13 am
Posted on 2/22/25 at 11:08 am to bama1959
I think it would be a confidence issue. That’s a big lie to have kept going for so long.
Posted on 2/22/25 at 11:11 am to Bamafig
quote:
First off, yes, I realize that we are not on the Gold Standard. Got it. Understood.
IF Trump walked in and found it to be completely empty, what would he do?
1. Makes the announcement and markets crash.
2. Does not disclose the information.
3. Makes the announcement and the real movers simply shrug because they knew it wasn’t there anyway, while feigning anger.
4.?
The gold is in Fort Knox, but let's pretend for a second it's not. Well the guy has to say something now. He told the world he was gonna go check to see if it was still there.
This post was edited on 2/22/25 at 11:12 am
Posted on 2/22/25 at 11:11 am to Great Plains Tiger
quote:
I think it would be a confidence issue. That’s a big lie to have kept going for so long
My math was wrong on gold. We have about 1/40th of amount of gold in the world so it probably wouldn't spike gold too much either
This post was edited on 2/22/25 at 11:34 am
Posted on 2/22/25 at 11:13 am to Great Plains Tiger
1974 tour FULL video
Couldn't the Treasury Sec order a inspection tour?
Couldn't the Treasury Sec order a inspection tour?
Posted on 2/22/25 at 12:06 pm to Bamafig
Aliens must think we are a weird bunch. Gold vaults, nuclear weapons and people that eat other people and shite like that.
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