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U.S. Treasury Owned Gold: What Can It Buy?

"Based on the current market price, total gold holdings of the US Treasury amount to approximately $238.5 billion."

Yes, but if you want to see the treasury actually do something with that "reserve" like paying half of TARP, you will find that the market won't absorb 258 million ounces at anything like the current market prices.

Gold , when dumped, is just as vulnerable as T-Bonds.

That is why I prefer silver or the other precious metals: they are needed in industry and there *are* no reserves to be dumped.

Did the ECB Save Comex from Gold Default? (Part 2)

Thank you for the legal angle on the COMEX.
I am not so sure if writing to your representatives in Congress is going to work when the major silver shorting banks (gold is a different story) would turn out to be backed by the Fed and the Treasury Dept.

Gold: The Next Reserve Currency Player

It pays to read the prospectus of the gold fund of your choice. Gold Bullion Ltd. (traded in Londen and on the ASX) looks pretty solid where it comes to beneficiary ownership of the bullion and its redemption-in-gold options.

As always, caveat emptor and be prepared for a few more deflationary implosions during the next year or so.
I am waiting for one of these as my new entry point.

Gold's Golden Run All Set to Continue

A vapour article. It's only merit is that it provoked intelligent comment.
"we can expect to see Gold get very close to the $1000- $1200 mark in the next 6-12 months".

Very close, eh?