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  • It's the End Of the World As We Know It and I Own Gold [View article]
    If gold is truly just an over-valued hunk of metal, then explain to me why the Federal Reserve still hoards a large supply of it. There is a market for it, and the Fed is in need of money, so why don't they just liquidate their stash? It's intrinsically valuable folks...don't let anyone kid you otherwise.
    Sep 25 20:31 pm |Rating: 0 0 |Link to Comment
  • Is the $700 Billion Really for Bailing Out the Fed? [View article]
    Um, the U.S. Treasury prints the money
    Sep 25 19:56 pm |Rating: 0 0 |Link to Comment
  • Can Gold Be Suppressed Indefinitely? [View article]
    I think we're looking at an example of "Might versus Right".

    All logic points to the price of gold rising...in an honest world, that would be the right thing to expect (as a hedge against all the volatility which currently exists throughout the market).

    However, if the price of gold should rise, it would be the end of bonds, treasuries, or equities (at least for the foreseeable future), as people piled into the metals for wealth protection. The "Powers that Be" would lose huge when their leveraged vehicles were forced to unwind. Hence, "Might" is doing everything it can to suppress what is "Right"...and they will continue to do so as long as it is within their power.
    Sep 11 20:59 pm |Rating: 0 0 |Link to Comment
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