Tuesday, June 7, 2011

some say gold bugs don't want ft knox gold sold

some say gold bugs don't want ft knox gold sold

I can only speak for me - I want a return to fundamentals so I can save money like I used to.

I buy gold out of fear, not greed.

One thing I'm not afraid of is that the US corps, that run the country, will sell fort knox gold, if there is any, because that's the last thing they want to do.

No, the corps want to control as much gold and silver as possible to disguise the debasement of the dollar by flooding the market with gold and silver when their prices rise.

Of course, it's not working as gold and silver continue to go up anyway as little and big buyers all over the world continue to buy it and unload their US dollars at the same time.

The corps have always allowed US residents and foreigners to trade in US markets, despite some investors figuring out that the "smart money" move is to buy gold and silver.

Still the markets remain open because the corps are greedy and continue to cheat those who haven't figured out that gold and silver are the only sane investments.

Besides if the corps sell the fort knox gold, China will buy most of it anyway and the price will still go up, and the corps won't be able to cover their short sales.

And if the corps sell their silver China will buy most of it as well.

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