Eric King: “Dr. Roberts, I know you’ve seen the report on Bloomberg about Germany (all the sudden) supposedly being happy with storing their gold at the New York Fed. It seemed to be a propaganda piece. What was your take when you saw that?”
Dr. Roberts: “Clearly what that means is that the United States doesn’t have the gold and cannot deliver it -- and has forced Germany to come to terms with that, and to stop asking for it since it can’t be delivered....
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