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BRAD S
Member since May 2012
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>Is the U.S. Selling Gold Reserves? - Julian D. W. Phillips - Gold Forecaster
Very curious.
So thinking out loud...
What would be the obvious benefit for Chinese leaking such?
Could it be a ruse?

So China creates a crash when its been telling its own people to buy gold?
But China has also been keeping its own mined bullion for some time now & wants more, after all
it has a truckload of USD cash and US Debt - which for the former, I dare say, its been buying
companies/resources around the world and paying good ol' US cash for them... good way to
quietly rid itself of some risk and get tangible assets.

Just how much US Treasury has it been buying recently anyway?
Can someone quantify it?
This could be why the Fed has kicked the monetization of US Debt up a notice..

But why would the Central Banks sell their gold & end up with fiat paper when this is problematic...?
Has the rumor of JPMC abandoning its gold manipulation been true.. & this is why they're out?

And if the Fed or other CBs are selling gold and this leaks, then wouldn't this cause a price crash, which, of course, may be what they wanted to accomplish anyway...

Why would they they need cash when they can run the presses until they run out of ink again..?
The Fed will never let anyone audit it or Ft.Knox as it would de-stablize our monetary system that
they control... or think they do anyway.

Wheels within wheels... truely, we live in interesting times abeit dangerous ones.

0.02
\Brad


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