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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 (101689)2/27/2009 8:03:36 AM
From: Mike M21 Recommendation  Respond to of 110194
 
Hawk, IMO the Fed will not call call in those leases and if they did the bullion banks would not be able to return the physical gold which was sold long ago. To call in gold leases would create a massive spike in the price of gold. The bullion banks don't lease gold to look at in a vault -they sell it into the market which is EXACTLY what the Fed wants.