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

I see that the treasury only has $11 billion in gold and that the fed has $560 million in gold.

5yr

 

good call

 

He is doing a better job of robbing Fort Knox than Auric Goldfinger

 

That is because he is a GoldMAN rather than just a finger.

 

now that was funny.

 

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......

 

please identify the nouns in your sentence.....

 

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.

 

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.