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Old 12-28-2009, 11:09 AM   #1
Seashore
Avalon Senior Member
 
Join Date: Nov 2008
Posts: 3,564
Default Need a Question Answered About U.S. Gov't Bonds

Ben Fulford has a new blog and I'm reading a post on it dated December 28, 2009.

In the post he states, "However, the real purpose was to cash $250 billion worth of 1930’s vintage U.S. government bonds that are backed by Chinese Imperial gold stashed in the Philippines."

My question is how can U.S. government bonds be backed by Chinese Imperial gold?
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