Deutsche Bank's Modest Proposal To Central Banks: "Purchase The Gold Held By Private Households" | WHAT REALLY HAPPENED

Deutsche Bank's Modest Proposal To Central Banks: "Purchase The Gold Held By Private Households"

In other words, all the world's central banks would need to do to "liberate dormant liquidity" , held, as DB suggests, by private households in various "unwanted" troves of physical gold, and in the process also build up their gold holdings, would be to make said gold unattractive to hold.

And if that fails, well, FDR already showed the world how to deal with an intransingent public which does not want to part with its gold in Executive Order 6102, something which the Dutch Central Bank which also made the news recently when it secretly repatriated 122 tons of gold from the NY Fed, already did years ago when it advised pension funds to sell their gold: confiscation.

Webmaster's Commentary: 

"Make gold unattractive" means artificially driving the price down. And the reference to FDR is more than passing as FDR's gold confiscation was a forced sale of private gold to the government ... at $20 an ounce!

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