Bank of England - 400,000 Gold bars....

[Uksilverstackers]

BOE - Question and Answer Session

“We have shifted from paper-based gold bar lists to bar codes and electronic scanning
of bars. We also provide a gold inspection service for all our central bank customers in which they are able to visit to visually inspect a sample of gold bars from their holdings, which they select themselves”

 

Sorry, we are unable to show you your full holding, but please take a look at the sample provided and this print out to show it is all accounted for.... 😂

[DarkChameleon]

2 hours ago, Uksilverstackers said:

BOE - Question and Answer Session

“We have shifted from paper-based gold bar lists to bar codes and electronic scanning
of bars. We also provide a gold inspection service for all our central bank customers in which they are able to visit to visually inspect a sample of gold bars from their holdings, which they select themselves”

 

Sorry, we are unable to show you your full holding, but please take a look at the sample provided and this print out to show it is all accounted for.... 😂

If the bad hits the fan can anyone see the boe opening their vaults and letting them all get their gold?.....right, hell no.

[KDave]

UK fort knox the golds long gone

[SilverB]

I'd say this is better than the old way, surely? Digitally scanning bars and adding bar codes means each bar can't be double counted.. whereas if they wanted to lie about bar numbers they could have done that just as easy with paper lists.

[Miganto]

Yeah, bit confused as to why this is seen as worse than paper documentation.

[KDave]

2 hours ago, Miganto said:

Yeah, bit confused as to why this is seen as worse than paper documentation.

Its not worse, its exactly the same. 

 

[danmc82]

Worth about as much as this...

 

[5huggy]

On 16/10/2019 at 16:12, SilverB said:

I'd say this is better than the old way, surely? Digitally scanning bars and adding bar codes means each bar can't be double counted.. whereas if they wanted to lie about bar numbers they could have done that just as easy with paper lists.

I would love to know how you put a bar code on a kilo/LBMA gold bar!?? - please dont say a "STICKER"!!!!!!!

[SilverB]

7 hours ago, 5huggy said:

I would love to know how you put a bar code on a kilo/LBMA gold bar!?? - please dont say a "STICKER"!!!!!!!

I struggle to see how you think counting them on a piece of paper is better than chucking a sticker on there? nobody is suggesting physically stamping a gold bar with a bar code, if that is what your imagining

It's not a security feature, it's an organisational tool.. as i said before if someone wanted to spoof the numbers they would do it just as easily as before. 

[RacerCool]

21 hours ago, SilverB said:

I struggle to see how you think counting them on a piece of paper is better than chucking a sticker on there? nobody is suggesting physically stamping a gold bar with a bar code, if that is what your imagining

It's not a security feature, it's an organisational tool.. as i said before if someone wanted to spoof the numbers they would do it just as easily as before. 

I don't see a problem with putting a physical code on gold bars.

Not that this fixes the underlying issue, which is that the banking system is corrupt.