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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (55916)	3/14/2006 1:00:02 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 110194

>>Was this loaned gold sold and spent?<< Of course....it's hanging on the earlobes of Chindian peasants as we speak!<G>

To: mishedlo who wrote (55916)	3/14/2006 1:20:26 PM
From: sciAticA errAticA	Respond to of 110194

re: Was this loaned gold sold and spent? Mish - you're making GATA gold bug sounds... <g>

To: mishedlo who wrote (55916)	3/14/2006 6:10:14 PM
From: Square_Dealings	Respond to of 110194

the way i read it, the US gov. got a loan from the Federal Reserve for 10.9 Bln. As collateral "we the people" put up gold at $42/oz. So when "we the people" default on our debt the Feds got our gold at $42/oz. I dont remember getting to vote on that <g... i could be wrong but thats what it looks like to me m