Fed Will Conjure Enough Paper Money To Buy 11% Of All Existing Gold ?

[jeff of pa]

If this Prediction has Merit, perhaps this is why they are manipulating the Price

So what is the big picture? Well, recall the following quote from Warren Buffet

"Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce – gold’s price as I write this – its value would be $9.6 trillion....You can fondle the cube, but it will not respond."

Putting It In Perspective: In 2013 The Fed Will Conjure Enough Paper Money To Buy 11% Of All Existing Gold | ZeroHedge

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[Marchas45]

It Has Merit The Banks are selling their Shorts and are Buying Longs. To Many Longs are Standing For Delivery and I don't see them Getting It. Theirs none left to Sell. Lol
The Cube May Not Respond But I sure Would. LMAO and also I'm not a believer or follower of Mr Buffet.

 

[Bum Luck]

Ha! that's a good one!