Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Germany to repatriate & audit 150 tones of gold reserves from ny fed!!!
>
Reply to Thread
Message:
<p>[QUOTE="NorthKorea, post: 1559719, member: 29643"]While this is an interesting story, my guess is that it will have little bearing on anything. If the gold is "missing," the net result is the US "buys" the holdings from Germany. If that happens, you'll see a rally in platinum group and rare earth metals. Why? If the Fed Reserve is found to be short of holdings, the result will be something along these lines:</p><p><br /></p><p>US will purchase reserves from foreign nations (sort term rally). Once US has purchased all it can, US will coin/sell reserves at a premium and shift into other PMs that might be close to the value density (cost per cubic meter) of gold. That will cause a rally in this second metal/group, and a drop in the value of gold.</p><p><br /></p><p>Since the global economy won't like this, it's far more reasonable that Germany asked the US what can be provided on demand, and that number was 50 tonnes per annum.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1559719, member: 29643"]While this is an interesting story, my guess is that it will have little bearing on anything. If the gold is "missing," the net result is the US "buys" the holdings from Germany. If that happens, you'll see a rally in platinum group and rare earth metals. Why? If the Fed Reserve is found to be short of holdings, the result will be something along these lines: US will purchase reserves from foreign nations (sort term rally). Once US has purchased all it can, US will coin/sell reserves at a premium and shift into other PMs that might be close to the value density (cost per cubic meter) of gold. That will cause a rally in this second metal/group, and a drop in the value of gold. Since the global economy won't like this, it's far more reasonable that Germany asked the US what can be provided on demand, and that number was 50 tonnes per annum.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Germany to repatriate & audit 150 tones of gold reserves from ny fed!!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...