Hacker News Reader

Can you really say with a straight face that if they can't produce what they say they are storing for a third party that their reputation is not going to go down the drain?

If any bank prevents anyone from getting their deposited money, for reasons other than legal, there would be serious questions about their trust

View on HN

Absolutely. If countries want their gold, and the US refuses to give it to them, what does that mean? Has the US stolen it? Has someone else stolen it? If this is true, it suggests that all those countries were wrong to trust the US, as the US is untrustworthy one way or another.

Of course those countries having lost their gold is not good for them either, so it seems everybody has agreed to continue the lie.

This stuff sounds bad enough that it might turn me into a conspiracy theorist. But how is any of this even remotely acceptable?

"Has the US stolen it? Has someone else stolen it?"... to complete your line of thought I would make one more question: Has it ever existed? The whole thing about gold lies in the impossibility of speculation. Of course, it doesn't hold if one single institution controls of all of it...

Reply on news.ycombinator.com