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Feds accused of gold-price manipulation

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posted on Jan, 25 2008 @ 07:49 PM
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Feds accused of gold-price manipulation


www.worldnetdaily.com

"Anybody Seen Our Gold?" is the title of the ad, which alleges U.S. gold reserves held at depositories such as Fort Knox and West Point may have been seriously depleted. GATA asserts U.S. gold reserves are being shipped overseas to settle complex transactions utilized by the Federal Reserve and the U.S. Treasury to suppress the price of the precious metal.
(visit the link for the full news article)


Related News Links:
www.blacklistednews.com




posted on Jan, 25 2008 @ 07:49 PM
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First the dollar, now are gold is going to be gone. What is the FED trying to do to us. We need to wake up people and stop what is going on here!!!!!!The bleeding is getting out of control!!!

funny how the treasury denies the claim. OF COURSE THEY DO!! Why would they say, "Yeah, we are giving our gold away."

www.worldnetdaily.com
(visit the link for the full news article)



posted on Jan, 25 2008 @ 08:21 PM
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Great thread palehorse, as usual!


It is truly amazing how these things are routinely done right under our noses, and nary a word is ever mentioned about it or acknowledged by the mainstream press. These people are plundering our country into a 3rd world status at a record pace, and most people either have no clue or are just too damn busy working 2 jobs trying to make ends meet that they don't have the time to pay attention to it-And that is exactly what they want.

These people are laughing all the way to the off-shore banks while we are all wallering around in the mud fighting for the tiny scraps that are left over.



posted on Jan, 25 2008 @ 08:25 PM
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reply to post by DimensionalDetective
 


You are 100 percent right. that is what gets under my skin. Actually I do not know which is worse, the government doing this sort of thing or the people just letting it happen. We cannot rely on the MSM to bring it to our attention. They don't have the apples to do it. And it wouldn't be allowed by the elite. Notice how the rich/famous/elite are all skiing in DAVOS while, as you stated, we are fighting for the scraps here at home. Man I get pissed at this stuff



posted on Jan, 25 2008 @ 08:31 PM
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I agree that is nothing short of manipulation.

Today I was listening about the biggest buyers of Gold the Asian markets stepping back because they don't like what they see in the markets and the gold lately.



posted on Jan, 25 2008 @ 08:38 PM
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reply to post by palehorse23
 


I don't know if this makes sense. They are settling transactions in gold. Would it not be in their benefit to have the price of gold higher, thus less ounces to pay off their commitment? Like wise if they have a treasury full of gold and gold goes up, would that not lend strength to the dollar?



posted on Jan, 25 2008 @ 08:50 PM
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reply to post by disgustedbyhumanity
 


Your post makes sense. the only additional problem is, as the article points out, we may not really have all of the gold to back up the dollar that we think we have. In other words, the gold is not officially hand counted, therefore by the FEDS using it to pay commitments, it is dangerous because we do not physically have the gold in our reserves. Without having the actual gold in our hands, we cannot back the dollar for squat. That is why, as marg pointed out, China is backing off.
Ya know, a funny thing i read on a survival thread here on ATS is that the person suggests a list of things to have when the stuff hits the fan. He suggests to have things to trade with. The number one thing he says to have is gold, as it will always be wanted. I wonder if he still recommends that.



posted on Jan, 27 2008 @ 04:32 PM
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this makes sense

why do we need gold in our reserve's at fort knox? the currency is not backed by gold at all, or silver or anyting of tangible value, hasn't been since the early 70's.

Their has been no audit or gold reserves allowed either, it classified as being in "deep storage". ya good one

Central banks value their paper game, they like do get people indebted, then when they default, they get to collect "real things" for collateral, all over a failure to pay back a paper debt.

they surpess the gold price in order to make their paper "DEBT" appear to have more "profit potential". They want investors to look past gold as a smart or stable investment.

Central banks surpress the "perceived" value of gold thru manipulating the price iwagering huge positiions in gold derivative markets and by leasing more gold than they have, as well as what looks like saying, ya the u.s has xxx amount of gold, while allowing the supply to be artificially increased (when in reality it was taken from the u.s) and loaned out and they knew they could get away with it ,cause NO ONE AUDITS THE CENTRAL BANKS>



posted on Jan, 27 2008 @ 04:32 PM
link   
this makes sense

why do we need gold in our reserve's at fort knox? the currency is not backed by gold at all, or silver or anyting of tangible value, hasn't been since the early 70's.

Their has been no audit or gold reserves allowed either, it classified as being in "deep storage". ya good one

Central banks value their paper game, they like do get people indebted, then when they default, they get to collect "real things" for collateral, all over a failure to pay back a paper debt.

they surpess the gold price in order to make their paper "DEBT" appear to have more "profit potential". They want investors to look past gold as a smart or stable investment.

Central banks surpress the "perceived" value of gold thru manipulating the price iwagering huge positiions in gold derivative markets and by leasing more gold than they have, as well as what looks like saying, ya the u.s has xxx amount of gold, while allowing the supply to be artificially increased (when in reality it was taken from the u.s) and loaned out and they knew they could get away with it ,cause NO ONE AUDITS THE CENTRAL BANKS>



posted on Jan, 27 2008 @ 06:21 PM
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reply to post by cpdaman
 





cause NO ONE AUDITS THE CENTRAL BANKS>


You hit the nail on the head. That is the key statement so far. All part of the big plan. If no one is ever watching you, wouldn't you get away with as much as you could being in their position. It has got to rank with one of the biggest scam of all time IMO. And really, we can do nothing about it because so many are in debt and will never catch up. When you eliminate a class completely (middle in our case), those people end up being the ones taking the hit. In the eyes of the elite, they are only doing what they have to to ensure their own survival. Who they take out in the process they could care less about.



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