U.S. Government Gold Manipulation Document Declassified

EconomicPolicyJournal.com ^

[Kozman]

The Federal Reserve, in the 1970's, had a secret agreement with the German government whereby the German government agreed not to buy gold in the open market, or from other governments, at a price above the then-official U.S. government price of $42.22 per ounce, despite the fact that the open market price for gold was then trading between $160 to $175 per ounce...

[Bloody Sam Roberts]

Gold manipulation by the US Government will happen again...if it isn't already happening. How else is 0bama to pay for the massive debt he's incurred by his half-assed bailouts and programs?

[RC2]

My biggest worry is that he will call in the gold once it reaches a certain amount. It has been said that people should buy their gold outside of the country where it is not registered and keep it in hidden places.

[US Navy Vet]

FDR was the LARGEST gold manipulator EVER he just confiscated it!

[Sgt_Schultze]

They could “trap” me with the same agreement. Why buy gold for $160 per oz if somebody is twisting your arm to buy it for $42?

[<1/1,000,000th%]

Obama will pay off the debt by selling us into slavery.

[Bloody Sam Roberts]

I get the creepy feeling that it will happen all over again just as FDR planned it. Make it illegal to own, force the 'owner' to sell it at a fixed price, wait for the price to rise again and then sell it off and use the profits to pay for the conversion to Socialism.

If anyone is going to take the plunge and buy gold, please keep your eyes open. The window where you can convert it to real assets like food, water, gasoline and ammo will be very short indeed. After that, gold will not be worthless...it will be useless.

This is, of course, if our economy tanks like it's looking like it may.

[appeal2]

Here’s the best way to protect your gold domestically. FDR when he banned gold ownership, also froze people’s safe deposit boxes. This really messed up a lot of people.

Here’s the way around a safe deposit box freeze. Most casinos provide complimentary safe deposit boxes to their patrons. They even give you two keys. And best of all, casinos are open 24/7, 365 days per year. This is the last place Zero is going to look for your gold. If you are nervous about the casino’s solvency, use several different casinos from different owners.

[Eagle Bomba]

Is there a government agency that currently registers gold purchases? Or are you assuming the government would try to get this information in the future to sieze the public’s gold?

[Palin Republic]

Secret treaties with foreign governments?

Is there anything the Fed can't do?

Bachmann: Fed does whatever it wants

[RC2]

It is my understanding, from Lear, that collectors coins are not registered. Gold bullion is......from my understanding, and taxed.