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Old 04-01-2011, 08:59 AM   #1
battery
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Speculation: Fort Knox is empty!

With gold trading at $1400 per ounce (OMFG ), I wonder why our government won't gradually sell its reserve in the open market. Buy back the gold when price falls back to $400 where it belongs.
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Old 04-03-2011, 05:52 AM   #2
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We trade that gold with other countries when we do big business deals.
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Old 05-13-2011, 02:05 PM   #3
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Quote:
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With gold trading at $1400 per ounce (OMFG ), I wonder why our government won't gradually sell its reserve in the open market. Buy back the gold when price falls back to $400 where it belongs.
I bet they are doing some of that.
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Old 05-14-2011, 03:56 AM   #4
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no mention of silver whatsoever in this thread?! look at silver futures from a year back to now too

more margin hikes inbound either way
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Old 05-27-2011, 10:48 PM   #5
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the day after obama was offically elected gass prices went from 4.00 to 2.00 in some cases more. but the point is that gold and silver are all artifically rising something else is effecting it.
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Old 05-28-2011, 10:47 PM   #6
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Quote:
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the day after obama was offically elected gass prices went from 4.00 to 2.00 in some cases more. but the point is that gold and silver are all artifically rising something else is effecting it.
Gold and Silver skyrocketing has to do with the devaluation of the dollar and the unwillingness to implement a sound fiscal policy. There isn't a magic bucket of money sitting out there from which the dreams of politicians get funded. Each bit of over spending comes at a price.
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