Ok, accuse me of being in the “Tin Foil”hat squad, but where are all these cash for Gold places you see on TV get their cash? Could it be some sort of international thing to get Gold, since the dollar is going to be taking a dirt nap soon?
Just saying.
There is a tread somewhere on FR about the paltry amount of gold held at Ft Knox. Something like 2-400 billion. Consider the US hugely deficient in gold holdings - China or Russia likely hold the most. Which is why the dollar is falling as Soros and others seek to devalue it - the US is broke, even though there likely is lots of gold on US soil, but closed to mining by 'environmentalists' - read the Tides Foundation. Just like our 1.35 trillion barrels in oil and coal reseves.