[ovrtaxt]

Crap. Time to short the dollar...

[catfish1957]

"The U.S. Treasury denies the claim, insisting the stock is accounted for regularly"

You mean the government would lie to us? /s

[driftdiver]

I thought our dollar wasn’t backed by gold and that WAS the problem. Now there’s concern because the gold we do have is being secreted away?

Two people I DON’T trust; 1) bankers, 2) people trying to sell me gold

[John123]

U.S. central banks may have less than half the gold they claim to possess in their vaults

Yep, I believe it. The Central banks all over the world must be run by the dumbest people in the world.

I remember buying a bunch of mint European gold coins 3-4 years ago. They were 100 years old or more. They were selling slightly above melt value back then when gold was around $400 per ounce. And the Central banks of Europe were selling these gold coins like hotcakes.

Apparently, even a yo-yo like me could see a bullish commodity trend and these Central Bankers couldn't...

[Petronski]

It was looted to make gilded codpieces for the Stonecutters.

I heard that...

[babble-on]

even when gold bugs are making money they’re still crazy

[AntiScumbag]

Let’s see, the nut-cakes at WorldNutDaily quote the nut-cakes at GATA.

The same nut-cakes who claimed when gold was at $250 that the evil central bankers were manipulating the price and who now claim, with gold over $900 that the evil central bankers are manipulating the price.

Perfect!

[mtbopfuyn]

It’s gonna be funny one day when we find out there’s really nothing but a mop and a bucket in Fort Knox.

[PBRSTREETGANG]

"Yes, you fools, and used some of it to make my putter!"

[killjoy]

[vietvet67]

Jan 29, 2008 07:23 NY Time
Bid/Ask 928.00 - 928.90
Low/High 920.60 - 934.00
Change +1.10 +0.12%
30daychg +89.20 +10.63%
1yearchg +285.40 +44.41%

[wolfcreek]

The *Powers that Be* are once again creating crisis and trying to impose this crisis on countries with exploding economies.

The ol’ if you can’t beat um, cut them down to size.

[Dixie Yooper]

Gold, who needs gold? I have mutual funds!

[snarks_when_bored]

Let them eat gold.

[em2vn]

In hard times there are 3 things that are more valuable than gold; firepower, food and medicine.

[stuartcr]

I doubt we could ever find out the truth in this.

[jws3sticks]

Tell me it ain't so!!!

[Fresh Wind]

Now I don’t know but I been told
It’s hard to run with the weight of gold
Other hand I’ve heard it said
Its just as hard with the weight of lead

[Brilliant]

How would a watchdog group know this?

[Oberon]

"With the demand for gold so strong worldwide, it has become impossible to return much of the leased gold without driving the price to the moon," said GATA's chairman, William J. Murphy III.

And that won't be because the gold will be more valuable... it'll be because your dollars are getting smaller.