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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: paul61 who wrote (228819)	11/14/2009 1:18:26 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

paul, i think that is likely fake news. if it is real, though, WOW! if you think it is true, long marginal bullion and short GLD may be a big winner regardless of where the price of gold goes.

To: paul61 who wrote (228819)	11/14/2009 1:21:27 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

I wouldn't discount it entirely, but I need a lot more verification before I take it seriously. Who knows what's in Ft. Knox, I've assumed it was nothing but OddJob's decomposing corpse and cobwebs for some time....but proving it is another kettle of fish. US gold reserves were leased forward then sold and are probably hanging on the earlobes of Indian peasants. From a practical standpoint, although the specific gravity is identical between tungsten and gold, the melting point of gold is far lower. It should be easy for a refiner (for example) to tell the difference. Maybe they should be biting those gold bars, like the old miners used to do with coins to see if they were real....<G>