Glenn Beck Takes Germany’s Missing Gold Mainstream
TND Guest Contributor: Nathan McDonald, Sprott Money Blog |
In my last post, I explained the dire situation that Germany has found itself in. Sadly, they made the unfortunate mistake of trusting the New York FED with their most valuable asset, their gold reserves. Unfortunately for Germany, this lesson is going to be a pricey one, as likely their gold is gone, rehypothecated into oblivion.
Although there are those of us in the precious metals community, who warned that this scenario was incredibly likely, we were dismissed as conspiracy theorists and fear mongers by the mainstream media. It, therefore, came as quite a surprise to me when I seen the recent clip of Glenn Beck discussing this very topic.
Glenn Beck does a great job at breaking down the seriousness and the ramifications of this subject to his audience on the media network The Blaze, which has the 139th most visited website in America according to Alexa.com. A significant claim.
Is this the beginning of something more serious? Will the masses finally wake up to the reality of how fragile this system truly is? Let’s hope so, because just like an alcoholic in denial, you must first admit you have a problem before you can work on resolving your problem.
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Nathan McDonald writes for Sprott Money Blog, part of Sprott Money Ltd., a leading precious metals dealer selling gold coins, silver coins and bullion bars online and over the phone. As one of Canada’s largest owners of gold and silver bullion, the company’s goal is to facilitate ownership of precious metals no matter how big or small the portfolio.
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