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The Water Cooler
General Discussion
First Germany, Now Switzerland - Gold Repatriation
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<blockquote data-quote="cjjtulsa" data-source="post: 2078549" data-attributes="member: 6146"><p>First Germany has requested some of their gold holdings be returned from the FED, now apparently Switzerland is wanting thiers back, too. Germany was told it would take seven years to get it back. Seven years? Seriously? I'm thinking the hustle is about to be exposed, with more and more nations demanding their gold be returned. This could get very interesting, very quickly.</p><p></p><p><a href="http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed" target="_blank">http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed</a></p><p></p><p><a href="https://wealthcycles.com/features/15-ton-gold-repatriation-hits-jp-morgan-london-vaults" target="_blank">https://wealthcycles.com/features/15-ton-gold-repatriation-hits-jp-morgan-london-vaults</a></p><p></p><p>Now I'm sure that 2nd article is a gold-sales push to some degree. And to me, this is not to say that you should go out and buy gold at all; what I would caution against is buying gold in 401ks and IRAs. If you're going to buy it, buy physical gold, not "paper" gold IOUs, with all of the value of one paper towel. Fun days ahead.</p></blockquote><p></p>
[QUOTE="cjjtulsa, post: 2078549, member: 6146"] First Germany has requested some of their gold holdings be returned from the FED, now apparently Switzerland is wanting thiers back, too. Germany was told it would take seven years to get it back. Seven years? Seriously? I'm thinking the hustle is about to be exposed, with more and more nations demanding their gold be returned. This could get very interesting, very quickly. [url]http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed[/url] [url]https://wealthcycles.com/features/15-ton-gold-repatriation-hits-jp-morgan-london-vaults[/url] Now I'm sure that 2nd article is a gold-sales push to some degree. And to me, this is not to say that you should go out and buy gold at all; what I would caution against is buying gold in 401ks and IRAs. If you're going to buy it, buy physical gold, not "paper" gold IOUs, with all of the value of one paper towel. Fun days ahead. [/QUOTE]
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First Germany, Now Switzerland - Gold Repatriation
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