Truth Exposed About Missing Central Bank Gold - Embry

Some unbelievably stupid comments from people that should know better.  I mean CNBC senior editor, John Carney, when this all broke stated that ‘It doesn’t matter whether Germany’s gold exists, provided that everybody  just pretends and acts as if it does exist.’ 

‘As long the Fed says it is there, it is as good as there for all practical purpose to which it might be put.  It can be sold, leased out, used as collateral, employed to extinguish liabilities, and counted as bank capital just the same as if it exists or not.’

I can’t believe he said that.  I mean that is so astoundingly stupid I had to read it three times.  But he did say it....
“It does matter whether it’s there because the people that recognize what’s going on, and this includes the Chinese, Indians, Russians, etc., they are not faking it.  They are buying what available physical gold there is, whatever they can get their hands on.

The revelation of this central bank conspiracy will make the Libor scandal pale in comparison.”


The problem is that if the gold is not in those vaults, how are the Western countries going to eventually back their new currency with gold?  This will all come out over time, and I’m just curious to see how it will be spun when it does?” Source/full story at KWN 
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