The Federal Reserve Does Not Miss Any Opportunities

The Federal Reserve at any chance they get attack gold ridiculously. Today is another day. Do not be fooled by the euro weakness or stock markets going down or the Bernanke talk on how he is going to take liquidity out of the market with reverse repos. None of them matter for gold which in every fundamental way should be flying through the roof. And that reverse repo talk is nothing other than voodoo and just trying to sound fancy. A repo is a repurchase agreement. A reverse repo is one where the federal reserve sells instruments such as bonds only to buy them back. "BUY THEM BACK" basically means that the money goes back into the system, so liquidity goes back in. It is just a temporary soak up of "liquidity". It does not even do that actually as treasury bonds are used as money anyways. That is one of the reasons why the Federal Reserve -sighting costs, which is the most laughable excuse in history = the Fed literally prints money- does not report M3 any longer. This is just a disgrace. Liquidity is not going anywhere because they cannot afford it. The banks are all insolvent and economy is in ruins. They stop the printing press and it is game over. Also, while the Fed is heavily monetizing debt either by "quantitative easing" -another fancy make-belief name- and through the "anonymous" bids in the treasury auctions which amount to 30-40% of the failed treasury auctions, how can they be taking liquidity out of the system. What a joke. Buy physical gold before it is too late.

The below chart is ridiculous. What trades like that on heavy volume on no news when it should be doing the opposite??? Comex, whixh offers premiums to people who will settle in cash rather than ask for physical delivery, is a fraud and it is utilizing the fraud of suppressing the price of gold.