US Government to secure mortgage market with gold reserves
Submitted by elviejo on Fri, 09/19/2008 - 11:33
What a con they are running. There ARENT any more gold reserves.
http://www.moneymarketing.co.uk/cgi-bin/item.cgi?id=173208
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"Not armies, not nations, have advanced the race; but here and there, in the course of ages, an individual has stood up and cast his shadow over the world."
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Where's the audit?
Where's the audit?
I'd laugh if I wasn't so pissed!
Mike
"Fire Team for Freedom" and "Revolutionary Business"
visit www.mikeandjake.com
Mike
"Fire Team for Freedom"
visit www.mikeandjake.com
If the dollar falls far enough, then they will probably have
$9 Trillion worth of gold; not at today's prices of course. Inflation can be very profitable, for those doing the inflating.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
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"An economy built on fiat money is a society on its way to ashes."
Um right...do they have $9 tril. in gold?
"Committed To The Eradication Of Poverty Among Patriots"
"Those Who Strive For Excellence Refuse To Fear Mediocrity; They Eradicate It."
Zero Tolerance For Flamers
"GINO" = Government In Name Only
Congress doesn't even know
Congress doesn't even know if there's any gold left. The last audit of the US gold reserves, as far as I know, was back sometime around the 1970s.
Maybe the government plans to buy a bunch of gold ETF shares, then call that their gold reserves and then back the mortgages with the ETF shares.... We've seen crazier things than that from Congress!
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Just had a horrible thought...
Since the word GOLD does not cross these guy's lips on a normal basis.....
And since the other central banks are not STUPID, and they KNOW that there isn't any more gold... do you suppose this is the first step toward setting up CONFISCATION of the citizens' gold?? Please tell me I'm overreacting!
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"Not armies, not nations, have advanced the race; but here and there, in the course of ages, an individual has stood up and cast his shadow over the world."
Thomas Jefferson: “Indeed, I tremble for my country when I reflect that God is just, that His justice cannot sleep forever."
Viva La Revolucion!
http://www.youtube.com/watch?v=FmaTNf4YhEs
They have done it before...they'll do it again
Already they are daily trying to coax us into selling our gold and precious metals.
Not enough to be worth the bother...
And they can't really scapegoat the gold holders this time because gold is *officially* NOT money... and gold holders took a nasty hit to their value over the past few months, so it wouldn't play.
There is so little gold (or silver) in the form of coin and bullion and it is scatter so far and wide in such small quantities that it literally wouldn't be worth their bother to send out the SWAT teams.... they wouldn't even get any PR value from it.
I LIKE this answer! Thanks
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"Not armies, not nations, have advanced the race; but here and there, in the course of ages, an individual has stood up and cast his shadow over the world."
Thomas Jefferson: “Indeed, I tremble for my country when I reflect that God is just, that His justice cannot sleep forever."
Viva La Revolucion!
http://www.youtube.com/watch?v=FmaTNf4YhEs
What I expect to be coming instead...
Is that they (Obama/McCain maybe 2 3 years from now) will end up "nationalizing" the contents of people's 401K's and IRA's -- and then "merging" them with Social Security and the leftovers from the PBGC and whatever other "pension funds" remain in the private sector.
The sales pitch will be that this will be necessary to prevent the Baby Boomers from causing a market crash -- and they will cast the "benefit" in the form of "privatizing" and "guaranteeing" people's retirements.
That way they can have an "orderly" and rationed series of payments to "everyone" ...
And the sheople will go "Yaaayyyy!!!"
And yes, I know that sounds "insane" and completely "unprecedented" -- but hey, exactly how many "unprecedented" things have they done within the last month alone? (To which 99% of the people say "Oh, thank God! They've saved us!") Anyone predicting this stuff a year or so ago would have been called crazy... but it is the "illogical" next step.
Ahahahaha
Paulson and Bernanke can't say the word "gold'. It will burn their tongues like a hot iron.
lol I was going to say..
lol I was going to say.. what Gold? you mean the gold that george booosh won't let get audited! LMAO... BUY GOLD AND SILVER FOLKS THIS WILL BE YOUR LAST CHANCE TO BUY AT A REASONABLE PRICE!
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
We have agreed to agree that the Emperor's suit of clothes
is both stylish and the envy of all. Does it matter then that he's actually in his birthday suit?
I wonder how much we can "back" with that gold (real or imagined)?
This is interesting..
Dr. Paul once mentioned that congress doesn't even know if we still have the gold in fort knox.
http://www.meetup.com/RP2012GrandJunctionCO