hg - wow.
good post.
The ESF was created after the Great Depression and uses the US gold reserve as collateral for financial stability.
back to the gold standard.
why would they do this unless they felt the need to provide collateral behond 'the full faith and credit' of the US government.
Scary times but the train has been coming for a long time.
What I find interesting is the one man in government who has/had a solution, who ran for President and tried to discuss this problem (Ron Paul), is not interviewed nor quoted. Instead, we have those who created the mess being asked how to solve it!
The inflation pump is being primed. All this debt that the US is taking on will be paid back with cheaper dollars. That's the only way out.
BK