RELENTLESSLY MOVING FROM WEST TO EAST

I’m sure this chart means nothing. Right? Those dumb Chinese have no idea what they are doing. Right? They certainly aren’t preparing for a currency reset? Right?

The physical piles up in Chinese vaults, while the paper piles up in US vaults.

Shanghai Gold Exchange Withdrawals 42.5 Tonnes For the Week

Via Jesse


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IraK
IraK

Re Administrator’s comment, “Physical (gold) piles up in Chinese vaults while the paper piles up in US vaults.”
The United States Deparment of the Treasury reports that as of March 31, 2015 the US had 8171 tons of gold in this country.
As for Fort Knox gold, the US Mint reports, “The only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits. Except for these samples, no gold has been transferred to or from the Depository for many years.”
Hopefully these reports from our trusted government institutions will silence critics, like Ron Paul, the Administrator, Paul Craig Roberts, and other Chicken Littles who say or suggest that the US has sold all its gold and had nothing but dust motes and dead rats in its vaults.

Bot
Bot

The same trusted government institutions that claimed WMD’s in Iraq; that unemployment is 5.5% than it’s true measurement north of 23%; that Russia was behind the coup in the Ukraine and not Victoria Nuland and her 5 billion dollar Bankrolled NGO that overthrew the democratically elected government. That anyone believes anything the U.S. Government claims is laughable.

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