[palmer]

If the government dumped a ton of gold on the market, the price would slump, and might slump hard, taking years to recover to anything close to current values, if it recovered at all.

That would be fine with me and I own a lot of gold and silver. The reason that I own it is precisely because the Federal government can't do what you say because they are too far past the point where it would make a difference. The only way they could conceivably pay off enormous debts is for the price to shoot up a lot more, and believe me, I would be selling by then.

[bert]

———The only way they could conceivably pay off enormous debts is for the price to shoot up-——

Very interesting....... the question then becomes at what price will the sale of the gold stock pay off the debt, or half the gold pay off half the debt?