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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Tunica Albuginea who wrote (37638)1/19/2000 7:32:00 PM
From: Jon Matz  Read Replies (3) of 99985
 
When the FED made it illegal to own gold, they bought thousands of tons of it at fire sale prices and nearly filled Fort Knox. They still have a little in the vault to show to tourists, but most of it was sold off.

How and why did the U.S. Government rape the assets of the American people? Well if you remember the "New Deal", government decided to take money from certain citizens and give it to others. It's gone down hill every since. No government that has tried it and many have, have survived it.

It indeed was a "Government of/by/and for the People" before, but since then it's been "Government of/by/and for its own self interest"! What we have today is not government operated by concerned citizens, it's now run by "Politians" completely absorbed in self interests.

Everytime the mint prints a dollar that is not backed by a hard asset, it reduces the value of your money. It is the primary cause of inflation. And they are printing enough currency every few minutes to stuff your house full, floor to ceiling.
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