RE: RE: RE: RE: goldthis makes a lot more sense as a way to protect their reserves than some ideas. Some dim wits are suggesting that China invest directly in American companies and banks. with the american history of freezing or confiscating monies or investments if they don't like the political wind this would be a risky idea for any country. note the fed is talking about additional stimulus. is there no end to how far they will go to debase the US$. I can't understand why countries holding US debt are not rushing to gold. You have to wonder how much of this bail out money is being used to support the stock markets and depress gold. Present gold prices are so low they defy logic when you look at the US liquidy curve. Even a fool could not help but see manipulation here. Further evidence that the Fed is so arrogant with their power that they don't even care if anyone knows they are manipulating markets. They believe it is there right and could care less what any other nation in the world thinks. Even though they have created the mess they expect other nations to now bail them out. Wouldn't surprise me if the proverty level in the US went up to 50% from 35% by the time they are finished bailing out their budies.
Sick sick sick.