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Tuesday Humor: Bank Of England's Pop Quiz

Tyler Durden's picture




 

Trick question?

Oh those Brits and their sense of humor...

 

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Tue, 06/17/2014 - 15:50 | 4866423 JLee2027
JLee2027's picture

Negative 1? Tungsen on fire sale though

Tue, 06/17/2014 - 15:52 | 4866433 Bunga Bunga
Bunga Bunga's picture

Do IOUs count as bars?

Tue, 06/17/2014 - 15:52 | 4866440 JLee2027
JLee2027's picture

Infinite paper then.

Tue, 06/17/2014 - 16:00 | 4866480 bluskyes
bluskyes's picture

Long pulp mills...

 

Tue, 06/17/2014 - 16:05 | 4866503 knukles
knukles's picture

Hah ha ha ha ha

Tue, 06/17/2014 - 16:08 | 4866516 gh0atrider
gh0atrider's picture

How many bits are hidden in gh0atrider's hoof?

Tue, 06/17/2014 - 16:16 | 4866549 Bill the Cat
Bill the Cat's picture

Thwbpt!

Tue, 06/17/2014 - 16:34 | 4866612 Stackers
Stackers's picture

Now guess how many people all think they own the same bar gold.

Tue, 06/17/2014 - 17:03 | 4866743 gh0atrider
gh0atrider's picture

They suspected young gh0atrider was different from a young age.  The kids would be out scouring creek beds with pans and metal detectors for golds while gh0atrider was playing with scripts on his computer.

Coming out to his parents and admitting he liked bits instead was the hardest thing gh0atrider had to do.

Tue, 06/17/2014 - 17:37 | 4866876 Pool Shark
Pool Shark's picture

 

 

Trick question.

Does "Gold Bar" include "Gold-plated" or "Gold-painted" tungsten?

Note also; the question has no relevance if the issue of ownership isn't also addressed...

 

Tue, 06/17/2014 - 16:38 | 4866629 TeamDepends
TeamDepends's picture

Answer:  If the BOEs Groom of the Goldbars leaves Piccadilly Circus Tube Station with three (3) gold bars in his pocket en route to the City Of London, but predictably gets off at Earl's Court to innocently walk by his favorite brothel, whereby the lady on the stoop asks, "wet your pizzle, guvnuh?", then two.

Tue, 06/17/2014 - 16:35 | 4866614 wallstreetapost...
wallstreetaposteriori's picture

Can you elaborate on "what" a counter-cultural investment expert does? Just curious.

Tue, 06/17/2014 - 16:48 | 4866675 gh0atrider
gh0atrider's picture

He is a motivational blogger who gets people excited about owning their first Bitcoin.  Something all new families in America aspire to.

Tue, 06/17/2014 - 16:03 | 4866494 Peter Pan
Peter Pan's picture

And guess how any of those gold bars are England's.

Tue, 06/17/2014 - 16:06 | 4866502 Peter Pan
Peter Pan's picture

And guess how many more bars it would have had if it wasn't for Gordon Brown.

Tue, 06/17/2014 - 16:06 | 4866505 knukles
knukles's picture

Or Goldman Sachs

Tue, 06/17/2014 - 17:11 | 4866768 ParkAveFlasher
ParkAveFlasher's picture

Or Golda Meir

Tue, 06/17/2014 - 19:04 | 4867168 linniepar
linniepar's picture

Or Goldfinger.

Tue, 06/17/2014 - 20:41 | 4867429 holgerdanske
holgerdanske's picture

goldilocks

Tue, 06/17/2014 - 20:18 | 4867373 palmereldritch
palmereldritch's picture

Since when do private individuals disclose to the public what is inside their bank's safety deposit boxes?

Tue, 06/17/2014 - 15:55 | 4866456 GolfHatesMe
GolfHatesMe's picture

They're just as good as money

Tue, 06/17/2014 - 16:00 | 4866475 Stuck on Zero
Stuck on Zero's picture

Hypothetically speaking.

Tue, 06/17/2014 - 16:03 | 4866490 Uber Vandal
Uber Vandal's picture

Rehypotheticated-ly speaking.

Fixed it for you.

Tue, 06/17/2014 - 16:13 | 4866537 manofthenorth
manofthenorth's picture

Rehypotheticated-ly speaking, they are properly fucked ! Without a doubt they are liable for 1,000's more good delivery bars than they poses.

Tue, 06/17/2014 - 16:28 | 4866590 knukles
knukles's picture

Somehow I seem to remember this report from Knukie's Nightly News some time ago...

Bags-O'-Nuggets.
And how many, Mr Geithner, did you say that were found in the audit of the vault at Fort Knox?  Three?  Three fucking little teenie weenie ittie bittie tiny things the size of Barney Frank's nut-sack labelled "Bags-O'-Nuggets" with a Woolworth's price tag for 5 cents each and one bag of stale, spoiled gold wrapped chocolates embossed with "Happy New Year 1933"?  ?And you tell me the audit is complete and no further fucking activities were deemed warranted because you were in Pompano, Florida looking for a quadriplegic telemarketer lady named Tracey from Singapore? ?Timmah!  Look at me!  I'm trying to help here.

Tue, 06/17/2014 - 19:06 | 4867171 linniepar
linniepar's picture

+1 for the color provided. 

Tue, 06/17/2014 - 15:58 | 4866469 nink
nink's picture

Why waste money on good tungsten. Hell you can't audit it anyway (Just ask Austria). Haven't you heard of Photoshop 

Tue, 06/17/2014 - 16:20 | 4866568 Squid Viscous
Squid Viscous's picture

reminds me of the old joke, how many nudelmans can you fit in a BMW? 100, two in the front, two in the back and 96 in the ash trays

Tue, 06/17/2014 - 17:55 | 4866945 AGuy
AGuy's picture

Reply: "I don't know how many are stored, but I do know how many are owned by the BOE: Zero!"

 

Tue, 06/17/2014 - 15:50 | 4866426 Dr. Engali
Dr. Engali's picture

Obama (That's Zero for the thinking challenged)

Tue, 06/17/2014 - 16:33 | 4866543 JLee2027
JLee2027's picture

They must think us complete idiots, since more paper gold then this is sold every day.

 

The Bank Of England (BoE) just came out with their annual report 2014. In the report it’s stated the BoE is the custodian of 5584 metric tonnes of gold (£140 billion pounds measured February 28, 2014). From the BoE annual report 2014:

The Bank provides custodial services for a range of customers. As at 28 February 2014, total assets held by the Bank as custodian were £594bn, of which £140bn were holdings of gold.

In the BoE’s annual report 2013 it was stated they held 6071 tonnes of gold (£210 billion pounds measured February 28, 2013). From the BoE annual report 2013:

 

http://www.ingoldwetrust.ch/the-bank-of-england-lost-487-tonnes-of-gold-...

Tue, 06/17/2014 - 15:52 | 4866439 pods
pods's picture

And for extra credit, how many times have they been rehypothecated?

pods

Tue, 06/17/2014 - 16:07 | 4866507 crazzziecanuck
crazzziecanuck's picture

That's their next question.  lol

Tue, 06/17/2014 - 15:52 | 4866441 Xibalba
Xibalba's picture

Stored?  Probably a few tons.  Owns?  Well....do paper receipts count?

Tue, 06/17/2014 - 15:52 | 4866443 jubber
jubber's picture

just tweeted back

 

Shouldn't the question be , How many times has the Gold in the BOE been rehypothecated?

Tue, 06/17/2014 - 15:54 | 4866449 CPL
CPL's picture

Would anyone want a rehypothecated condom?

Tue, 06/17/2014 - 15:57 | 4866460 IndyPat
IndyPat's picture

Barry might.

Tue, 06/17/2014 - 16:29 | 4866593 grekko
grekko's picture

Cheers!  drink up, Barry!

Tue, 06/17/2014 - 15:53 | 4866445 CPL
CPL's picture

Depends how big the bar is and how large the magifying glass being used is.

Tue, 06/17/2014 - 15:54 | 4866448 world_debt_slave
world_debt_slave's picture

Brown will get to the bottom of this.

Tue, 06/17/2014 - 15:54 | 4866450 LawsofPhysics
LawsofPhysics's picture

Honestly I am more interested in how many paper claims on said bars are out there...

Tue, 06/17/2014 - 15:58 | 4866452 Quinvarius
Quinvarius's picture

487 tons less than last year.

http://www.ingoldwetrust.ch/the-bank-of-england-lost-487-tonnes-of-gold-in-2013

I am pretty sure that site is getting the shit DOSed out of it right now.

Tue, 06/17/2014 - 16:07 | 4866506 Urban Redneck
Urban Redneck's picture

Probably the whole 1000+ tons that went from London to Switzerland last year departed the BoE... which means they couldn't last very much longer with "only" 5,000 tons left given all the competing paper claims.

Tue, 06/17/2014 - 16:20 | 4866565 A82EBA
A82EBA's picture

that page wont load for me lol

Tue, 06/17/2014 - 17:43 | 4866900 Jannn
Tue, 06/17/2014 - 15:54 | 4866453 IndyPat
IndyPat's picture

Don't know about the gold....
But I've got an accurate tungsten count if anyone wants it...

Tue, 06/17/2014 - 15:56 | 4866459 JenkinsLane
JenkinsLane's picture

Is the answer "Fuck all"?

Tue, 06/17/2014 - 15:59 | 4866470 IndyPat
IndyPat's picture

Love to see the same Tweet from Ft.Knox...
Really yucking it up, aren't they?

Tue, 06/17/2014 - 16:01 | 4866483 IndyPat
IndyPat's picture

They could have at least made it multiple choice....or a True/False.

I hate story problems....almost as much as their storage problems.

Tue, 06/17/2014 - 16:06 | 4866504 BobTheSlob
BobTheSlob's picture

Where's ghoatherder when you need 'em?

"Gold is for sissies, by moar bitcoin."

Tue, 06/17/2014 - 16:08 | 4866512 Martian Tourist
Martian Tourist's picture

Gordon Brown sold all the quality, all they've got left is dessicated gold from the Elizabethan era

Tue, 06/17/2014 - 16:09 | 4866521 seek
seek's picture

Notice they said stored. Not owned, controlled, rehypothecated...

Tue, 06/17/2014 - 16:09 | 4866522 carbonmutant
carbonmutant's picture

 Exchequer Pyramid bitchez...

Tue, 06/17/2014 - 16:11 | 4866528 PenguinMan
PenguinMan's picture

"Take a guess: how many gold bars are stored inside the vaults of the Bank of England?"

Why not ask the Chinese, they got it all.

Tue, 06/17/2014 - 16:14 | 4866540 kowalli
kowalli's picture

May be someone still don't get it=)

Tue, 06/17/2014 - 16:13 | 4866531 cougar_w
cougar_w's picture

Does Nazi gold count?

Tue, 06/17/2014 - 16:15 | 4866546 kowalli
kowalli's picture

Sure, any amount of gold count include tungsten

Tue, 06/17/2014 - 16:21 | 4866566 IndyPat
IndyPat's picture

Yes, but the molar and other bone fragments don't, I'm afraid.

Tue, 06/17/2014 - 16:14 | 4866536 orangegeek
orangegeek's picture

four furlongs and two stone

Tue, 06/17/2014 - 16:18 | 4866560 debtor of last ...
debtor of last resort's picture

I can still see Queen Mum drooling for the cameras. I think she took the last bar to beat the shit out of Charles.

Tue, 06/17/2014 - 16:23 | 4866572 IndyPat
IndyPat's picture

The only instance of re-hypothecation I'll ever support...as long as she strokes out afterwards.

Tue, 06/17/2014 - 16:24 | 4866581 Rosie-Redknapp
Rosie-Redknapp's picture

Drei

That's three in Austrian !

Tue, 06/17/2014 - 16:26 | 4866584 kchrisc
kchrisc's picture

If one connects the Rothschild Bank of England via a tunnel thru the earth to Beijing or Shanghai, then there is a lot. Otherwise there is nothing but tungsten.

Tue, 06/17/2014 - 16:27 | 4866587 IndyPat
IndyPat's picture

I actually have some experience in this area, BOE.
I can answer your question as soon as I know how big the bass boat was that was carrying it.

Tue, 06/17/2014 - 16:28 | 4866592 Goldilocks
Goldilocks's picture

Schrödinger's cat? .."how many gold bars"?...

it's as many as you think, until you look, then you collapse the wave function.

Tue, 06/17/2014 - 16:31 | 4866599 FieldingMellish
FieldingMellish's picture

None. They are all tungsten.

Tue, 06/17/2014 - 16:33 | 4866605 hangemhigh77
hangemhigh77's picture

Well we know where they're supposedly stored.  We'll find out who owns them when we see which country's tanks blow the door off the vault.

Tue, 06/17/2014 - 16:41 | 4866627 RaceToTheBottom
RaceToTheBottom's picture

What vaults?

Tue, 06/17/2014 - 16:39 | 4866631 CHX
CHX's picture

Is a single gold atom considered a small bar (or rather a "round") ? If so, quite many, actually.

Tue, 06/17/2014 - 16:38 | 4866632 IndyPat
IndyPat's picture

Oh, shit. How silly of me. I've been wracking my brain trying to come up with a figure.

They were being rhetorical.

Little slow today. Sorry, blokes. Carry on with your stealing or whatever.

Tue, 06/17/2014 - 16:39 | 4866636 NuYawkFrankie
NuYawkFrankie's picture

re How many gold bars in BOE's vaults?

Probably a few less than they think, after Hillary was given a guided tour.

Tue, 06/17/2014 - 16:40 | 4866638 CHX
CHX's picture

Not as many as there should be.

Tue, 06/17/2014 - 16:40 | 4866639 Inthemix96
Inthemix96's picture

Someone should pull in the deposed one eyed scotch cunt little boy lover 'McRuin' and ask him what he done with the gold, and his war criminal, gurning, public toilet visiting paedophile rapist mate B.Liar.

You lot 'Do' know that 'Miranda B.Liar' put what we lot know as a 'D-Notice' for a minimum of 50 years on his questionable activities while the PM here?

Well if you didnt, you do now.  To say B.Liar is a war criminal, liar, child molesting, paedophile, nation wrecking, stealing, thief of a cunt, with the blood of not just some 1,000,000 Iraqis and service men on his hands, but fuck knows how many here, chancing, treasonous bastard.

Is to give your retarded George 'Retarded the II' a good name.

I would in all honesty, snuff this disgrace to the human race owt with my own bare hands.

This cunt of all cunts has a security detail what us daft bastards pay for that runs into around 2 million year, just to keep people like me from giving him all he so rightly deserves.

Catholicism, and converting to it B.Liar will do you no good.  You cannot, you never will be absolved of the disgrace you oversaw, wanted and conducted.  You dont deserve peace in this life, what we pay for, and you most certainly wont get it in the next life.

You are the absolute personification of evil that ever walked this earth.

61 years old you are, there is still time to serve you justice, lets hope this year you get it you filthy cunt.

;-)

Tue, 06/17/2014 - 17:01 | 4866733 lasvegaspersona
lasvegaspersona's picture

As an American I can only say I sense some anger...as for the rest of what you said I'll have to get out the olde English to American dictionary....D list indeed...keep that anger inside now...if it starts getting out you might explode...

Tue, 06/17/2014 - 22:36 | 4867715 RaceToTheBottom
RaceToTheBottom's picture

Explosion might be what is required.... 

Tue, 06/17/2014 - 17:45 | 4866907 Zero-risk bias
Zero-risk bias's picture

Subpeona that bitch.

9/11B.Liar

highrisesafetynyc.org/

Tue, 06/17/2014 - 19:42 | 4867286 cougar_w
cougar_w's picture

Well bowled, chap! I say well bowled.

Tue, 06/17/2014 - 16:44 | 4866654 IndyPat
IndyPat's picture

....did they say gold bars or Goldburgs?

Autocorrect can be a bitch sometimes.

Tue, 06/17/2014 - 17:02 | 4866738 Killer the Buzzard
Killer the Buzzard's picture

Notice they don't specify the weight of each "bar".

Tue, 06/17/2014 - 17:36 | 4866868 huggy_in_london
huggy_in_london's picture

Well, thanks to the one eyed scottish c*nt and his savvy market skills, not very many.  

Worst.  Chancellor.  Ever.  (and worst PM ever also)

Tue, 06/17/2014 - 17:48 | 4866918 starman
starman's picture

Willi Wanka knows this trick question! 

Tue, 06/17/2014 - 17:59 | 4866960 NoTTD
NoTTD's picture

"One!"

"One?"

"I roll big joints, man."

"Our judges will accept 'one'!!"

 

Tue, 06/17/2014 - 18:50 | 4867125 silverserfer
silverserfer's picture

So I assume the answer will provide a total with a detailed breakdown of induvidual ownership. that would be great. thanks.

Tue, 06/17/2014 - 18:57 | 4867145 scraping_by
scraping_by's picture

Supposed first hand look.

 

https://www.youtube.com/watch?v=CTtf5s2HFkA

 

Of course, he never assayed any of them.

 

 

Tue, 06/17/2014 - 21:40 | 4867555 Seize Mars
Seize Mars's picture

How many gold bars are in the vault at the Bank of England.

Ha, ha, funny that.

http://www.youtube.com/watch?v=7GSXbgfKFWg

 

Tue, 06/17/2014 - 21:45 | 4867570 litemine
litemine's picture

How many they hold or How many they OWN?   Ask Germany if there is a difference?   With the trade between Germany and Russia.....not much Big Talk from the USA and a quiter Germany....it's not satsfying to the German People who chan "WE WANT OUR GOLD"

Tue, 06/17/2014 - 22:03 | 4867619 napper
napper's picture

the site says it's about 400,000 bars.

 

what's the deal?

Tue, 06/17/2014 - 22:09 | 4867634 Cacete de Ouro
Cacete de Ouro's picture

There are 2 bars in the BoE museum. I think that's about it....so 2

Tue, 06/17/2014 - 22:26 | 4867687 Brian219
Brian219's picture

Captain it appears that the Gold has simply vanished the vault and has been transported to an undisclosed location.

Tue, 06/17/2014 - 22:27 | 4867688 Brian219
Brian219's picture

Captain it appears that the Gold has simply vanished the vault and has been transported to an undisclosed location.

Wed, 06/18/2014 - 00:06 | 4867939 PrettySkulls
PrettySkulls's picture

Winner Selected at random.

Winners response will be used as the official figure in all future BoE correspondence.

Do NOT follow this link or you will be banned from the site!