Treasury officials say the gold has just been in the bottom of some vaults at the US Bullion Depository anyway, and the government needs the money NOW.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Q: Why do Economists provide estimates of inflation to the nearest tenth of a percent? A: To prove they have a sense of humour.
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
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July 8th, 2009 at 11:41 pm
Those commercials are real…I’ve seen them…tells me one thing…stay out of gold, therefore deflation must be coming.
July 9th, 2009 at 2:16 am
[...] is the original post: US To Trade Gold Reserves For Cash Through Cash4Gold.com Leave a comment | [...]
July 9th, 2009 at 4:32 am
Is it a propaganda exercise? I meant to say, if there is anything we have learned about Fait money it’s that it is not cold and hard.
July 9th, 2009 at 5:35 am
Its not propaganda, its parody, via the Onion!
July 9th, 2009 at 10:47 pm
Sure the government needs the money, NOW. And what do they sell after gold? An action of that sort shows 1) how desperate they are and 2) how ignorant they are. Deflation your ass…..