Gold Hits Another Record as Dollar Tumbles On Fed Announcement Kurt Nimmo www.infowars.com www.prisonplanet.tv September 21, 2010 Not only are private investors flocking to gold, but so are central banks. It is yet another exle of the indispensability of gold as a hedge against the bankster engineered economic implosion. Earlier today, the precious metal reached a new record as the dollar tumbled further on the Fed announcement it will continue its habitual manipulation of monetary policy by keeping interest rates artificially low. Gold reached $1290.40 an ounce at 2:43 pm, according to Bloomberg. At the same time, the beleaguered dollar fell 1.3 percent against a basket of six major currencies. Gold has surged 17 percent this year, heading for a 10th straight annual gain. Many gold advocates are stunned by the momentum and note that the market will soon reach the psychologically important $1300 an ounce mark. Analysts believe the price will reach $1500 by the end of December or during the early months of 2011. www.infowars.com
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Gold Hits Another Record as Dollar Tumbles On Fed Announcement
October 25, 2010
25 Responses to Gold Hits Another Record as Dollar Tumbles On Fed Announcement
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@pmarie2003 agreed.
(not kidding, I am seriously doing that now)
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Buy silver, it’s a better deal and a lot cheaper for the common person.
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Tranceman14 @?F? ñ ?
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@DrReaper Not from individuals, they don’t hold enough to make it worth the trouble. They’ll go after institutional investors if anyone. No one was arrested in 1933 when they tried it.
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@TYX91101 The dollar hasn’t bottomed yet. . .
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@LookUpAtSkyNow Not likely. When they tried it in 1933 nobody was arrested. More likely is they go after institutional investors and ETFs, but still not likely. There isn’t much gold held by individuals compared to investment funds anyway, so not much point in making the effort. And if they don’t confiscate from individuals, which is most likely, gold holders will retain their savings, and you’ll be left with worthless toilet paper.
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Does Ted not pay taxes? How is he making money off of a 3% margin? Aren’t business taxes around 20%? What am I missing here?
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@UKLooney- ?
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we need food not gold you carn’t eat gold
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? ? ? ? f- ? ?H? ? ? ?
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@TheAndyWarholProject The United States has to borrow trillions from its enemy you see “we buy gold” stores pop up on EVERY street corner in the country?.
I’d suggest prayer but also buy gold if you can learn as much as you can
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@rctube1958 -deleveraging? Your not suggesting the US is going to pay off its debts I hope, can’t happen.
We might see more manipulation a dip in prices before the Governement tries confiscate gold though,
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?M?Sendets ? ?
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@BabylonsKing Yes. You are right.
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I thought a lot of this gold stuff was a scam? Can someone please fill me in?
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Join my facebook fanpage “Alex Jones for president 2012″ he would free the country of bankers!
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@?TheReallitycheck- – ?sheeple?;?
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@?Genesistwoeighteen- – ?
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@TheReallitycheck Not impossible, could reach 45:1 within 6 months.
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L 1600H? 2,000?KK
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