Post
Topic
Board Economics
Re: FED refuses to return back Germany gold after an failed audit
by
edmundedgar
on 03/05/2013, 05:01:38 UTC
just an innocent question, why fuck would sovereign state store its national treasure in another sovereign state's vaults, anybody?

One of the main purposes of having gold reserves is so that your government-in-exile has something to work with in the event of an invasion or a coup.

According to sources more reliable than "nsnbc.me", the German cabinet originally tried to do it the right way and turn $100 billion into Bitcoins and stick them in a multi-sig brain-wallet, but they got stuck in the verification queue.