The US has no credible defense against a Chinese or Russian gold standard announcement: the US must first prove it hasn't disposed of its gold by consulting the Bundesbank, but the Bundesbank's 2012-13 attempt to retrieve 300 tons from the New York Fed was told it would take seven years, indicating the Fed does not actually have the gold to return.
causalpending
Speaker
Alister MacleodEvidence Quote
“First they need to prove that they haven't got rid of all their gold. They were the ones who tried to get 300 tons out of the New York Fed back in whenever I think it was what, 2012, 13 or something. And they were told it would take seven years [29:29]”
Created: 7/13/2026, 8:49:27 PM
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