guarding some rich person's gold.

Do you think the FED would hire you to guard their gold in NYC?

I think they likely have a private security outfit they have hired to do that. ;)

The Chinese own JP Morgan Chase

I do not see China on this list of top 6 shareholders of J.P. Morgan. ;)

The FED has no gold

Incorrect. ;)

www.newyor kfed.org/aboutthefed/goldvault.html

Federal Reserve Bank gold

The Federal Reserve does not own gold. ... Although the Federal Reserve does not own any gold, the Federal Reserve Bank of New York acts as the custodian of gold owned by account holders such as the U.S. government, foreign governments, other central banks, and official international organizations.Dec 3, 2014

The Fed - Does the Federal Reserve own or hold gold? www.federalreserve.gov › faqs › does-the-federal-reser...

https://www.federalreserve.gov/faqs/does-the-federal-reserve-own-or- hold-gold.htm

We are coming to see that this one may well be no different.

Nice work if youcan get it.

Michael Rivero: Well, trust is really a big issue. Now, the way the New York Federal Reserve and for that the bank of England and the Bank of France, and JP Morgan has a private bullion depository, they function like a safety deposit box. Countries will rent space in the gold bullion vault to store their gold.

The banks are not allowed to go in and use it. It's just like your safety deposit box at the bank. If you rent a safety deposit box, and you put in some gold coins, and you are aunt's heirloom bracelet, you can at any time go on in and remove all of that material.

Well, it seems that the Federal Reserve has been playing fast and loose with other people's gold.They've been leasing it out the back door to drop on the market to keep physical gold and silver prices down so that people don't abandon their savings accounts and their stock market portfolio to buy physical metal.

We know that the amount of gold and silver being traded these days greatly exceeds the output of the world's mines, so it's got to be coming from somewhere. This triggered some concern because over in Germany, they were getting some gold bars that had the hallmarks of Fort Knox and the New York Federal Reserve, and discovered they had tungsten cores, so there's some fakes.

Germany basically said, "look, we put our gold in the New York Federal Reserve after World War II because we didn't want the Russians coming in and taking it, but that's all over, and we're all friends. Send it back." They got the big stall. Germany said, "Okay, can we at least come in and do an audit and look at it?" The New York Federal Reserve said, "no, we're not really set up to do that. Just trust us. The gold is still here, and we'll get the gold back to Germany in maybe five or six or seven years."

This triggered a crisis of confidence all around the world because what little gold has already been returned to Germany are not the original stamped and numbered bars Germany sent over. Tests have shown that the gold being sent back to Germany is nowhere near as pure as it's supposed to be. They're playing these really reckless games, and this has triggered something like seven, eight other countries wanting their gold back.

https://www.soundmoneydefense.org/news/2015/07/17/fed-american-gold- 000021

Does the Federal Reserve own or hold gold?

Yes the FED holds gold for many different countries.

Germany wanted to repatriate the gold the FED is holding and was told it would take 10 years to get it to them.

But Ft. Knox is empty of any gold. The only gold there now is from melted coins and that is only 90% pure. It is stored in locker number 33 if that number has any significance. ;)

Germany basically said, "look, we put our gold in the New York Federal Reserve after World War II because we didn't want the Russians coming in and taking it, but that's all over, and we're all friends. Send it back." They got the big stall. Germany said, "Okay, can we at least come in and do an audit and look at it?" The New York Federal Reserve said, "no, we're not really set up to do that. Just trust us. The gold is still here, and we'll get the gold back to Germany in maybe five or six or seven years."

This triggered a crisis of confidence all around the world because what little gold has already been returned to Germany are not the original stamped and numbered bars Germany sent over. Tests have shown that the gold being sent back to Germany is nowhere near as pure as it's supposed to be. They're playing these really reckless games, and this has triggered something like seven, eight other countries wanting their gold back.

https://www.soundmoneydefense.org/news/2015/07/17/fed-american-gold- 000021

Yes the FED has been playing fast and loose with the gold they are holding. Soon the SHTF and everything will go up in smoke for them. ;)

Somebody Fed Mexican Jumping Beans to the National Debt

The German Bundesbank tells us that they've received about one half of those gold stocks back from the NY Fed

Yes and the main problem is those bars are not the original stamped bars that were sent there and some of the bars are not the same purity.

Something is rotten in Denmark. ;)