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Strategies & Market Trends : Ride the Tiger with CD
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To: loantech who wrote (167016)6/27/2009 1:27:05 PM
From: tyc:>  Read Replies (2) of 313013
 
Haven't they already accomplished this by abandoning the "official" price of gold (which was $45 per ounce) and allowing the gold price to rise almost twenty-fold ?

When FDR did his deed, he increased the official price of gold. In effect he increased the amount the US government was prepared to pay to buy gold from anyone who wanted to sell it. And yet we believe there has been a conspiracy to hold down the price of gold.
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