Monday, May 17, 2010

Fed Moving Gold

RUMOR ALERT

I have relatively reliable information that much of the gold traditionally stored in Fed vaults (at least the NY Fed) has been moved to "undisclosed locations"

I'm hoping that once they move their (hopefully rightfully earned) assets out of the US they'll be less opposed to discontinuing their opperations here. This could turn out to be a win/win - they get out with a premium and the people get their freedom back

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