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Monday, January 11, 2010

Favorite Game: BS, Let's Call Out The Fed.... Again

The dollar is down 1.20 cents vs the euro at 1.4527 today and the goldprice is on the rise as it should be with a tanking dollar.  However, the following is the intraday chart for gold (chart from goldprice.org).



One can't help, but ak, why on earth on no news and witrh everything going for it gold would tank 12 bucks from the highs of the day when it was poised to go up much higher. You guessed it!!! Had we been playing bluff or BS as it is otherwise known with a bunch of players including the Fed, this is when we would confidently call BS!!!!! Because it is utter and complete manipulation by the Federal Reserve - possibly through NY Fed, the most evil one of them. There is a reason -such as this- that people like Ron Paul and Chris Bunning keep calling for the abolition of the Fed and for complete transperancy. This manipulation is completely illegal and punishes prudent decent people who want to take their futures and their kids' future into good hands by buying gold.

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