February 2009

I recently received an interesting email that the US Treasury has apparently sold out the entire remains of the United States gold to the Federal Reserve for a steal – at nearly $900 per ounce less than current market values. I have read several articles as of late relating to the balance statements of the Federal Reserve and it’s been pretty clear that there have been some drastic changes in the last few months.

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I’ve wondered to myself how they can keep the prices so artifically low for so long. Well, I think we’re finally starting to see the dam break and it’s coming back with a vengeance.

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