Fed's Gift Of Gold

Fed is giving us a huge gift by attacking gold like a mad dog and still only being able to move it so much only to see that the billions of dollars they lose are a complete waste of the American taxpayers' money. It is good for prudent and smart people who can tell what is going on and can take advantage of the situation by continuing to load up on gold. On a day when markets are down 2.5% and there are jitters about fiat money and monetary systems, gold is down 5% making it a 2 beta investment with respect to the market. That is ridiculous and beyond logic especially considering that given what is going on in the global and US economy and the fiat monetary system worldwide, that beta should have been negative and gold should have been flying high today. It was about to do it today when the Federal Reserve came in at 3 different occasions and attacked the gold price through paper gold since they lack the physical and let's face it who sells 15% of global annual production in minutes. Of course that sale will not happen in physical gold.

This is your chance, people! This is the chance to continuing loading up on physical gold and silver. Delivery troubles at Comex are continuing. Read the signs. The system is broken and there is not enough physical gold. I am continuing to load up on gold and silver and will continue to do so. I actually wish the useless Federal Reserve would do a better job of manipulating the gold price down, so I can load up on more physical at cheaper prices. However, like everything they do, they do a horrendous job. :)

Got Gold?