Thank you Henry in that of the Fed orders these notes, but how? See: bing/search?q=where+are+these+Federal+Reserve+gold+certificates%3F+&form=HPDMHP&pc=HPDTDF&mkt=en-us&refig=5261f4ace0e74915adb86fd0d4964c8f&pq=where+are+these+federal+reserve+gold+certificates%3F+&sc=0-18&sp=-1&qs=n&sk=&cvid=05882B47E90B6CFA07CD28ECE80E6CAE Not the ones for circulation, but that they exchange to Uncle Sam for the delivery of the FRNs printed. I tried to find the answer at: ehow/about_5033524_gold-certificate.html but got this of interest that I had not known before of: The U.S. government began issuing gold certificates in 1865. The first ones were hand dated with the owners name written on them. The owner traded his gold for the amount written on the certificate and he was the only one who could redeem it, at some other time. At later dates, gold certificates were issued in series of numbers and for specific amounts. These were transferable and could be cashed in by anyone. Then at: federalreserve.gov/aboutthefed/section16.htm of for Section 16, Part 15 as I had read before of I still have never seen one of these gold certificates = The Secretary of the Treasury is hereby authorized and directed to receive deposits of gold or of gold certificates or of Special Drawing Right certificates with the Treasurer or any Assistant Treasurer of the United States when tendered by any Federal Reserve bank or Federal Reserve agent for credit to its or his account with the Board of Governors of the Federal Reserve System. Notice the word credit as that is how they buy these FRNs as printed by the BEP, but for what amount of gold bullion per pallet? Plus this info at: jessescrossroadscafe.blogspot/2009/10/how-much-gold-does-us-have-in-its.html of: (1) The Federal Reserve holds $11,037,000,000 in gold certificates as assets on its Balance Sheet as shown in their weekly H.41 report. The Fed has no physical gold of its own. According to my reading of the relevant law, the Fed is not able to place claims upon or issue those gold certificates to any other entity other than the 12 federal reserve banks. Of thus they what? buy the FRNs with no gold backing their gold certificates!? (2) Read on at: P.L. 89-3, March 3, 1965, eliminated the requirement contained in Section 16 of the Federal Reserve Act for the maintenance of reserves in gold certificates by Federal Reserve banks of not less than 25% against Federal Reserve bank deposit liabilities; and P.L. 90-269, March 18, 1968, eliminated the remaining provision in Section 16 of the Federal Reserve Act under which the Federal Reserve banks were required to maintain reserves in gold certificates of not less than 25% against Federal Reserve notes. of thus what? They have to physically deliver the gold bullion per pallet of notes bought? Or in other words we dont trust them to hold the gold for us in that we have a safer place in Fort Knox? Thus: shtfplan/precious-metals/federal-reserve-admits-we-have-no-gold_06062011 The following exchange between Congressman Ron Paul (R-TX) and the Fed’s attorney Scott Alvarez proves, without a shadow of a doubt, that The Federal Reserve has no gold backing the US dollar. of yet to see this #__-minute youtube video nor read the rest of this page, later___ of therefore the gold I with Uncle Sam, get it? So these notes are NOT fiat, the gold is with us. 892 + 1 like. Finally for now on this BING page = lunaticg.blogspot/2011/05/1934-100000-dollars-scam.html
Posted on: Tue, 04 Nov 2014 08:27:12 +0000
Trending Topics
Recently Viewed Topics
© 2015