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

To: Hawkmoon who wrote (101681)	2/26/2009 6:45:34 PM
From: patron_anejo_por_favor	7 Recommendations Respond to of 110194

>>That doesn't sound like the US government I know so well.. The one that will garnish your wages, or even track you down using it's law enforcement resources, in order to retrieve what it believes it is due.<< There's the rub, Stanley: They'll garnish yer wages or mine, but they won't garnish JP Morgan's (guess who the largest lessor of gubmint gold is?) That would be like picking yer own pocket! No, that gold is never to see these shores again. It's hanging from the earlobes of Indian peasants. Truly in "strong hands", as it were.......

To: Hawkmoon who wrote (101681)	2/26/2009 10:20:55 PM
From: Mike M2	1 Recommendation Respond to of 110194

Bankers get special treatment - haven't you noticed?

To: Hawkmoon who wrote (101681)	2/27/2009 12:31:20 PM
From: benwood	4 Recommendations Respond to of 110194

Let me see if I understand you! Say, the gov't loans AIG 100 million dollars, or say, they loan GM 50+ billion dollars. Do you think demanding the money back means they get it back, or do you think there's a possibility that whomever got the money has lost it in such a way that it cannot be found ever again? You've grossly confused intent with a possible, perhaps highly probable reality. You loan your brother $1,000,000 for a huge investment and you see him living on the street the next year. Demand you money back and see what happens. Who says the gov't won't some day ask for their gold back? Not me. I'm saying that only a fool would assume with the sheer scale and breadth of the financial fleecing and treasury looting we've seen that they'll get it all back. They might not even get ANY back. I'd wager a lot of money, maybe all my money, that the gov't is already sitting on a bunch of gold leases for which a) they receive no annual payment and b) they don't know where it is (just who the lease went to, e.g. Bear Stearns, who sold it to a shell corp which sold it to another shell corp and they all went bankrupt and lived happily ever after.