New Zealand Gold Prospecting & Metal Detecting Forums Archive

Read about Fort Knox gold- same speculations....
no gold.. no value.. all empty

Just like New Zealand.
The gold deposit held by our own government below. The info is taken from the Reserve Bank site, at least they are honest about it. But for a gold producing country you would think our government would have retained some:

28 Feb 2013
(Information is disclosed in NZD 000's)


I. Official reserve assets and other foreign currency assets (approximate market value)
A. Official reserve assets 25,175,512
(1) Foreign currency reserves (in convertible foreign currencies) 18,539,484
(a) Securities 14,180,579
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with: 4,358,906
(i) other national central banks, BIS and IMF 4,355,560
(ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 3,345
of which: located in the reporting country 0
(2) IMF reserve position 657,360
(3) SDRs 1,484,297
(4) gold (including gold deposits and, if appropriate, gold swapped) 0
volume in fine troy ounces 0
(5) other reserve assets 4,494,370
financial derivatives 701,301
loans to non-bank non-residents 0
other 3,793,069
B. Other foreign currency assets 2,189,991
securities not included in official reserve assets 344,782
deposits not included in official reserve assets 68,926
loans not included in official reserve assets 0
financial derivatives not included in official reserve assets 1,776,283
gold not included in official reserve assets 0
other 0

I dont think that it is so much a war brewing - though I think that there is - but in the case of gold I think that the bankers and in particular the owners of the Reserve Bank in the US are manipulating the Gold prices. I had read somewhere, and this does not surprise me, that Fort Knox which held the States gold, in other words the peoples gold, once held 8,000 ton of it - they now apparently hold only 1000 ton - the other 7000 ton is now in the Reserve Bank - without the sanction of the people who own it.

t is high time that the ordinary people do something about it as the bankers manipulate their puppets , the politicians, who in turn serve their masters well.

As for gold - if you buy any then take physical possession of it and hide it.

Note to that the Gold mined at Macraes is a farce as I once heard that it was sold to the Rothschilds family and all our government gets out of it is either 1 or 2% royalty - we are kidded along with 'Look what Macraes does for New Zealand' - jobs and wealth - no there is only employment for some people and an income for some contractors and other than that we get nothing out of it except for the royalty. Macraes also paid 100,000 to DOC to ensure that they did not appeal against the mining consents. That is a paltry amount of money - that area is the home of a beautiful gecko and yet DOC sold them out and also sold the people of New Zealand out as has our government - puppets of the International Bankers

Edited by user Thursday, 25 April 2013 11:30:14 AM(UTC)  | Reason: Not specified

if i had "paper gold" i would be swapping it for the real deal, and do as you say hide it. im not sure what the nz government has as a backup plan but i read a while ago that in the USA in times of need the government can access any safe deposit boxs etc and seize any items of value, gold silver etc.
perhaps thats why some of the usas gold has disapeared? they know that they can it back for free when they need it.