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Thread: Germany wants its gold

  1. #21

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    Quote Originally Posted by heavenlyboy34 View Post
    The thread title is disturbing grammatically. It's part of an odd manner of speech I've observed the last decade or so. Inanimate nouns like "Germany" cannot, by their nature, (verb) anything. People who write these headlines should instead write "German Officials", "German People", or whatever animate noun(s) apply. Just a pet peeve. My OT rant is now done. /end ramble
    The Planet Earth wants HB34 to chill.
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  • #22

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    Quote Originally Posted by Acala View Post
    The Planet Earth wants HB34 to chill.
    lolz I'm chilled...bad grammar and usage just irks me. As does singing out of tune and a number of other things.
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  • #23

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    Quote Originally Posted by Acala View Post
    The Planet Earth wants HB34 to chill.
    And I bet Uranus wants him to stay on Planet Earth.
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  • #24

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    Quote Originally Posted by Danke View Post
    And I bet Uranus wants him to stay on Planet Earth.
    With its monopoly on space-time, the Universe wants everyone to stay put and chill. Brrrr...all this global cooling gives me the pee shivers something fierce.

  • #25

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    This situation reminds me of the old goldsmiths (the original banks) who used to keep peoples gold and then give them a certificate of deposit, and then the smith's would loan the gold out to other parties, knowing that the depositors wouldn't want to withdraw all their gold at once. Of course, this was totally wrong, and many goldsmith's went out of business when their depositors began to make withdrawls in mass. This same situation could happen again, but on a global scale, and at that point, whosoevers holding the real physical metal, will be rewarded BIGTIME.
    Last edited by DFF; 10-25-2012 at 06:45 PM.

  • #26

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    I believe it's called a figure of speech...Part as a whole or personification or something.

    The headline should be the least of our worries, imo.

  • #27
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    Quote Originally Posted by Acala View Post
    Check it out:

    http://www.zerohedge.com/news/2012-1...-gold-holdings

    I assume the international gold market is as corrupt and full of paper pledges backed by nothing as any other financial market. Assuming that is true, this could be the start of something big. This is not a pipsqueak like Chavez thumbing his nose at the Anglo-American banking cartel. This is the biggest economic powerhouse in Europe tightening its grip on its hard assets. It reminds me of when France and others demanded full conversion of dollars into gold and killed Bretton Woods.

    To all owners of paper claims to gold: don't be the last one to seek redemption.
    I can see the headlines... "German court officials all die in freak airline disaster..."
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  • #28

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    Germans cause alarm with visit to Iran (BTW, the article states that GERMANY is IRAN'S BIGGEST TRADING PARTNER).

    http://www.jpost.com/International/A...aspx?id=289103

    Found on today's Drudge Report. For some reason the Germans are getting a lot of financial press of late.

  • #29

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    A little more US/German angst, perhaps? (From Germany/Iran Wiki page)

    Trade

    Around 50 German firms have their own branch offices in Iran and more than 12,000 firms have their own trade representatives in Iran. Several renowned German companies are involved in major Iranian infrastructure projects, especially in the petrochemical sector, like Linde, BASF, Lurgi, Krupp, Siemens, ZF Friedrichshafen, Mercedes, Volkswagen and MAN (2008).[25]

    In 2005 Germany had the largest share of Iran's export market with $5.67 billion (14.4%).[26] In 2008, German exports to Iran increased 8.9 percent and comprised 84.7 percent of the total German-Iranian trade volume. The overall bilateral trade volume until the end of September 2008 stood at 3.23 billion euros, compared to 2.98 billion euros the previous year.[25][27] The value of trade between Tehran and Berlin has increased from around 4.3 billion euro in 2009 to nearly 4.7 billion euro in 2010.[28]

    The German Chambers of Industry and Commerce (DIHK) has estimated that economic sanctions against Iran may cost more than 10,000 German jobs and have a negative impact on the economic growth of Germany. Sanctions would especially hurt medium-sized German companies, which depend heavily on trade with Iran.[25] There has been a shift in German business ties with Iran from long-term business to short-term and from large to mid-sized companies which have less business interests in the US and thus are less prone to American political pressure.[29]

  • #30

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    alleged update says germans are getting interference from the Fed on gold holdings. Not sure this is current events.

    http://www.silverdoctors.com/german-...ow-inspection/
    Last edited by devil21; 11-10-2012 at 04:12 AM.
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