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

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

 

very well said,

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

 

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

 

+1

 

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.