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Secretary Paulson directs US Treasury to sell Fort Knox gold for FED cash!!
- Thread starter Trendytrader
- Start date
Quote from Trendytrader:
Are you wondering why gold is down?
My sources tell me that there have been a lot of activity of armoured trucks coming and going from the Fort Knox bullion depository building today.
Secretray of the Treasury none other than the robber barron himself Secretary Paulson has directed the US Treasury to liquidate a large quantity of Fort Knox gold to raise more cash for Federal Reserve. FED is running low on cash...printing press broke down yesterday after being over worked during the last three days.
Hard to keep secrets in todays world. My lips are sealed.
He is doing a better job of robbing Fort Knox than Auric Goldfinger
Quote from Trendytrader:
Are you wondering why gold is down?
My sources tell me that there have been a lot of activity of armoured trucks coming and going from the Fort Knox bullion depository building today.
Secretray of the Treasury none other than the robber barron himself Secretary Paulson has directed the US Treasury to liquidate a large quantity of Fort Knox gold to raise more cash for Federal Reserve. FED is running low on cash...printing press broke down yesterday after being over worked during the last three days.
Hard to keep secrets in todays world. My lips are sealed.
another spin on this story could be equally:
the gold that is kept in trust for other countries, soverign wealth funds, businesses, commodity trust funds and US Banks,,,,
might have instructed the Fed, through the complex communication networks (simply calling in one's margin) to sell their holdings to meet current obligations.....
just a thought......
Quote from Trendytrader:
Histroy never repeats.....Change it to President Bush "I have directed the Secretray of the Treasury to sell the gold reserves."
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convicted felon Howard Dean, on television interview had alluded to this White House team as doing the same things they did, only on a far grander scale with no conscience what so ever, and much more corrupt and deceptive....
((words not exact quote, just best recollection available at this time....))
I recall hearing a few weeks back that Congress was debating to allow the IMF to sell some gold reserves -
http://www.imf.org/External/NP/EXR/faq/goldfaqs.htm
numbers 4 & 5 are of particular interest.
http://www.imf.org/External/NP/EXR/faq/goldfaqs.htm
numbers 4 & 5 are of particular interest.
You nut bags with these theory's about the Fed and or the Central Banks selling gold as a conspiracy need to be sent back to 4th grade arithmetic.
There is not enough AU on the Planet Earth to capitalize one GSE such as FNM much less enough to be able to affect anything having to do with global capital flows.
Christ...the dumb on this board is huge.
There is not enough AU on the Planet Earth to capitalize one GSE such as FNM much less enough to be able to affect anything having to do with global capital flows.
Christ...the dumb on this board is huge.