Or they are taking the gold...knowing it will rise...Ecuador will borrow the cash start to pay it back and default all over again....gold goes up...Goldman Sachs keeps the gold due to default.

Ecuador will not get their gold back...

Are they borrowing funds and using the Gold as backing...if so Goldman Sachs is not gonna get paid...they will get to keep the gold.

Am I reading this right ?

This is just the start. China, Russia.......

China:

I want to buy some weat and corn

Russia

Sure how would you like to pay for that.

China:

We have U.S. treasury certificates @ 6 % say 800,000,000 worth.

Russia:

No can do...use it to wallpaper the palace. Can you send gold in 1 kg denominations

China:

No we don't have that much gold.

Russia:

The figures you publish through the shanghai exchange says you have rouglhy 4,000,000,000 of gold at Bank of China

China:

Oh we set up to scare the west....those aren't real figures.

Russia:

Well no wheat or corn for you.

China:

Hmmm....okay you got me...can you guys pick up the freight on that?

Russia:

Sure send 1 kg...for every 12 rail cars...you stop we stop.

China:

Sure sounds good.

Russia:

Don't tell the U.S.

China:

What do i do with these Treasuries?

Russia :

You guy have indoor plumbing figure it out !

China :

Ahhh...well then their is enough toilet paper ( treasuries ) for the entire country.

Russia:

Gotta go...Baywatch is an epsiode I have not seen before.

China:

Mmmm Pam Anderson yes. I hold her picture up with one hand all the time.

Russia:

Us too

I can wait for the truth about Gold !

Why you ask... lots of time..because I am Captaintime