Home  >  Community  >  The Vendio Round Table  >  What is the story on the Gold?


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 thekismeme
 
posted on September 16, 2001 01:45:54 PM new
I am seeing threads talking about Gold and Silver being in the ruins of the trade center.....but I heard nothing on the news.....what is the story?
[ edited by thekismeme on Sep 16, 2001 02:02 PM ]
 
 krs
 
posted on September 16, 2001 01:50:48 PM new
There's Gold and Silver being in the ruins of the trade center.

 
 thekismeme
 
posted on September 16, 2001 02:45:59 PM new
well............duh..........why is it there?......and don't say because it was in the building........why was it in the building?

 
 hepburn
 
posted on September 16, 2001 02:50:34 PM new
and don't say because it was in the building........why was it in the building?

LOL! You know krs, do you? LOL!


 
 thekismeme
 
posted on September 16, 2001 02:54:19 PM new
LOL!!!!!!~ Actually ~ I hardly ever come to the round table ~ but came today and read another post ~ one that the two of you exchanged words in several times and got really curious about the gold..........so I asked.........and still would like an answer.

 
 kraftdinner
 
posted on September 16, 2001 02:54:30 PM new
I haven't heard about the gold and silver thing yet thekismeme. Do you mean actual gold and silver bars? coins? We had 2 major Canadian banks operating in one of the towers, so I can see why there'd be actual money, etc. there, but don't understand why this would be of importance to anyone at a time like this.....????

 
 dman3
 
posted on September 16, 2001 02:54:54 PM new
The gold and silver was stored there in vaults this is how traders paid off daily trades in gold and silver..

As I understand it none of this every really changes hands but if an investor buying gold or silver futures wanted to it would be there right to be given what they have bought or invested in.
http://www.Dman-N-Company.com
Email [email protected]
[ edited by dman3 on Sep 16, 2001 02:59 PM ]
 
 thekismeme
 
posted on September 16, 2001 02:59:06 PM new
That is just the point Kraft ~ I don't know......it was just referred to in another thread in which it was implied that it was important to some security issues.

 
 thekismeme
 
posted on September 16, 2001 03:00:55 PM new
Thank you Dman ~ I just wanted to understand......

 
 toke
 
posted on September 16, 2001 03:03:03 PM new
Here is the link from that thread that will explain it to you:

http://dailynews.yahoo.com/h/ap/20010915/bs/attacks_gold_1.html

 
 kraftdinner
 
posted on September 16, 2001 03:12:07 PM new
Thanks for the link toke! I hope it's ALL recovered. Kind of tacky IMO to even print something like that.

 
 hepburn
 
posted on September 16, 2001 03:13:52 PM new
thekismeme, I was interested too. I never even thought about it until it was mentioned. Maybe this is why they are so careful on letting people sift as volunteers, because they are really looking to loot, which answer krafts question as to why this would be considered important at this time. (No more important than pink uniforms and Brut cologne is important).

 
 thekismeme
 
posted on September 16, 2001 03:18:18 PM new
So many other stories are starting to come out about charity scams and people posing as rescue workers asking for social security numbers of the missing..........so sick......but it is happening.

Thanks Toke for the link ~ I appreciate it.

 
 DoctorBeetle
 
posted on September 16, 2001 03:21:06 PM new
If 11.8 metric tons represents 0.3% of the world supply then the world supply would be about 3933 1/3 metric tons or about 8,673,000 pounds.

If the gold is worth approximately $110 million then they are using a $264 per ounce price.

Unconfirmed reports say that KRS was last seen enroute to the airport. He was wearing combat fatigues and carrying a metal detector.

Dr. Beetle


 
 hepburn
 
posted on September 16, 2001 03:22:40 PM new
He was also seen carrying a camera and stopping busty women with hard hats on.

 
 dman3
 
posted on September 16, 2001 03:28:29 PM new
The Fact that it was the World Trade center that was attacked and we live in a world economy and the fact that some 30% to 40% of all things bought sold or trade in the world was bought sold and trade from WTC.

This is going to effect many of us here and world wide in ways many never dreamed, WE have only seen the tip of the trickle down with the airline closeings and layoffs here This is going to effect every industry in some small or large way..

even industrys that dont sell or trade over sea will be effected as many of the things they need to conduct bussiness are bought sold and trade inside the global economy..

Machine parts for manufactureing , auto parts, even some food fruits coffee and much more was bought sold and traded and the tranactions were done conducted through the world trade center..

even some of the Collectables and other types of Items that many sell on ebay contacts and deals were made to buy these from over seas manufacturers these deals were cut and made from the world trade center.

not only has no buying selling or tradeing taken place there since the attack but all the contracts and data for the comeing months was lost as well.

the people who were lost there is the biggest loss we are all suffering but in the days to come there is as well going to be a a finacial after shock as well as parts and order shortages start to happen and slow down manufactureing even more.

First it was the airlines that showed the econmic effect the gold and silver is just the second.

the lifes lost is very sad , life for the liveing must continue and some are starting to now take a look at the toll this is going to have on many lifes around the world our The economy and other losses.





http://www.Dman-N-Company.com
Email [email protected]
[ edited by dman3 on Sep 16, 2001 03:34 PM ]
 
 kraftdinner
 
posted on September 16, 2001 03:40:29 PM new
Well I guess the real test will be to see if he gets past all the security DoctorBeetle & hepburn

dman3 - so true and yes, this will definately cripple the economy, which I think was the intent, but I think the U.S. will recover quickly.

 
 krs
 
posted on September 16, 2001 03:49:08 PM new
No, not me, but jamesoblivion hasn't been heard from since right after I posted about the gold, and he lives right next door. Probably digging a tunnel.

 
 
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