Secretary Paulson directs US Treasury to sell Fort Knox gold for FED cash!!

[trade4ever2day]

It's a sign the dollar will move up and probably a very good move to sell at this time an asset that pays no interest for hard cash speculators who have no control over the value of the dollar are willing to pay to someone who has a lot of control over the value of the dollar.

Nobody ever made money tradign against the FED. Most conspiracy theorists are poor.

Alex

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.

 

[limitdown]

Quote from Ivanovich:

I love the "My sources tell me..." crap.

Give it a rest, tin foil hat wearing nutjobs. Gold goes up and down like EVERY OTHER investment. And it's up moves are violent, just as it's down moves are equally, if not more, violent. Greed has half the velocity of fear.

Is the Fed manipulating oil, too?

So unless you have actual proof showing where Paulson told the Treasury to sell Knox gold - go back to Kitco. You can post about it on their forums. It'll fit nicely under the "Aliens are mining our gold for profit" article.

very well said,

here's how I called the bluff, and the Roswell, NM story...

Quote from limitdown:

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......

 

[thecalip]

You are out of your mind. The fed doesn't need to sell anything. Just run the printing press.

 

[krazykarl]

Quote from Dr. Zhivodka:

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.

+1

 

[HedgefundTrader2]

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.

Feds system does not works like raising cashing selling gold bars. Its an ignorant mans concept that Feds prints money.

You know Feds are the gatekeepers of all the money that you and me own. The regulate its flow as they deemed necessary. They turn the spigot on and off and the money becomes cheap or expensive to get.