Matilda
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Post by Matilda on Dec 30, 2014 13:55:46 GMT 10
Foreigners Remove Most Gold From The US Since Just Before 9/11!This from the NIA today: It was just disclosed today by the Federal Reserve (USA) that foreign nations removed a shocking 1.52 million oz of gold from the US in November - gold that was being stored in the vaults of the New York Fed. The last time foreigners removed this much gold from the New York Fed in a single month was back in March of 2001, six months ahead of 9/11. Over the last 12 months, foreigners have shipped back to their homeland a total of 5.52 million oz of gold! This includes 2.87 million oz during the last two months. Historically, any time foreigners have removed such a large amount of gold from the US in a 12 month period - it has been a warning sign that a major recession/financial crisis is imminent. In October of 2007, total gold removed from the US over the trailing 12 month period surpassed 5.5 million oz - and the US officially entered into a recession three months later, which later became a global financial crisis. However, at no point leading up to or during the global financial crisis, did foreigners remove more than 1.28 million oz of gold in a single month! For exclusive updated NIA (National Inflation Association) charts of the gold stored at the New York Fed for foreigners go to: inflation.us/foreigners-remove-most-gold-from-us-since-just-before-911/
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