Gotta wait for the leases to expire. Those that leased at high dollar may not be able to fullfil their lease agreement and replentish what they leased. Defaults such as this can create some big problems.
Might need a bailout.
Gold Tsunami coming? You know, the kind where the tide rushes out right before the big wave.
Keep an open mind, or get financially repressed -Zoltan Pozsar
Even with the massive drop in gold price we've seen the past several months I don't think 700+ tonnes of gold was procured to pay off the Germans. Much of that gold went to Asian nations.
<< <i>Even with the massive drop in gold price we've seen the past several months I don't think 700+ tonnes of gold was procured to pay off the Germans. Much of that gold went to Asian nations. >>
Comments
<< <i>It should be pretty easy to return the gold to Germany now right? >>
Now thats funny as it implies we have the gold to give back
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Might need a bailout.
Gold Tsunami coming? You know, the kind where the tide rushes out right before the big wave.
Keep an open mind, or get financially repressed -Zoltan Pozsar
Much of that gold went to Asian nations.
<< <i>Even with the massive drop in gold price we've seen the past several months I don't think 700+ tonnes of gold was procured to pay off the Germans.
Much of that gold went to Asian nations. >>
How much gold has come out of ETF's since april?