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Re: The FT (YES FT !) goes "Alex Jones"
Mega: there is soemthing fishy about all that theories: Suppose Germany demands 300 tons of gold that the FED does not have; you can get physical today at 1270 per ounce; right?
So what's the problem for FED to buy, say, 10 tons per month during 30 months on the open market and ship it orderly to Germany?
Why, if they are in such dire straits as not having what they are supposed to have, deliver it buy buying it over the market and shut all this conspiracy theorists mouths?
A friend of my father used to use that trick, when he was awash in cash he would do everything possible to delay all kinds of payment. When he was struggling he would pay everything as soon as it came due cash.
Discreetly buying, let's say, 500 kilo per day during 30 months would do the trick. Not a difficult task for such a powerhouse as the US FED.
If the Germans were demanding something like 10.000 tons...then I would be prone to pay attention to this gibberish.
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