It would make good sense to sell that gold now while the price is in a bubble.
Well, since our currency is not back by precious metals any longer, would it cause any problems to sell off gold? Wouldn’t it be the same as selling off federal lands, or other federal assets, to try to trim the deficit?
It would make better sense to have been secretly buying it with all the wasted TARP money.. QE 1 2 and 3 ,,,bailouts of GM etc.......after all we are the worlds Reserve currency...The 1st country that backs its currency with just about anything will own the worlds financial system