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Who Is Guarding The Fort (Knox)?

Tyler Durden's picture




 

Are all Fed employees currently watching Angelides carefully to see if their name is mentioned (or better yet barricading the doors to keep the FBI out)? Sure seems that way. Either way, great use of tax dollars to keep the Fed's henchmen employed. Since it take only one man to print, and another to refill the ink, aren't all these apparatchiks redundant? Perhaps, just like BBC reports based on witness reports out of Cairo Airport where there apparently is a group of private jets waiting for high-level officials, so the distinguished gentlemen (and ladies) are merely busy transferring whatever is left in the unauditable Fort Knox to their own currently warming up Cessnas?

And yes, at least some Fed creatures have Bloombergs. (unlike the OMO desk).

 

h/t Maurice

 

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Thu, 01/27/2011 - 12:19 | 909447 FOC 1183
FOC 1183's picture

90% are not even logged in.  nice

Thu, 01/27/2011 - 12:25 | 909465 doomandbloom
doomandbloom's picture

no guards required for tungsten...

Thu, 01/27/2011 - 12:27 | 909469 brian0918
brian0918's picture

Gold and silver are both plunging right now. So much for an short-term advance on yesterday's action.

Thu, 01/27/2011 - 12:34 | 909485 Arius
Arius's picture

yep - its a downtrend now...

Thu, 01/27/2011 - 13:37 | 909715 Math Man
Math Man's picture

Gold is done.  You can still buy inexpensive puts on GLD though.

March 120s are less than 20 implied vol.

Seems like some reasonable insurance for 80c.

 

Thu, 01/27/2011 - 12:35 | 909491 WaterWings
Thu, 01/27/2011 - 19:58 | 911342 DosZap
DosZap's picture

Or, no one is talking to them now.

Thu, 01/27/2011 - 12:25 | 909456 Oh regional Indian
Oh regional Indian's picture

Why the Fox on the ground and the Squid's in the moat! All 29 million troy ounces.

More like 29 million Troy Ouches.

ORI

http://aadivaahan.wordpress.com/2011/01/26/a-ha-ahahaha/

 

Thu, 01/27/2011 - 12:26 | 909458 Spalding_Smailes
Spalding_Smailes's picture

Flash Crash in Gold/Silver !!!!!

 

Turd, Turd ?????? But, but, but ....  So the charts can be used on up days but if its a wipeout its always the EE .... Lol'

Thu, 01/27/2011 - 12:30 | 909471 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Are you wearing your Dow 12k hat on backwards?

Dow down 6.66 and pauses on it.

You will not have gold crash without equities crashing.  So it is either gold back up, or equities down.  Which will it be?

Thu, 01/27/2011 - 12:34 | 909476 Spalding_Smailes
Spalding_Smailes's picture

But, but, but ..... Gold has been sic as a dog since oct. 20th... Stocks up over that time ???

 

And now that $1,320 has been snapped Turd's heading back toward square one.

What was his new call $1,600 by when, memorial day .... Tick-tock '''

Thu, 01/27/2011 - 12:35 | 909492 Hephasteus
Hephasteus's picture

You heard the man. Take your pick. Are they going to pull the HFT floor out the market or let gold go back up soon as some unrealistic budgets get "firmed up".

Thu, 01/27/2011 - 12:40 | 909506 Spalding_Smailes
Spalding_Smailes's picture

I told you 3 months ago about Cat's booming numbers, Starbux, everyone is posting better numbers. The doom trade is ooooooooover.

 

Thu, 01/27/2011 - 12:52 | 909555 Arius
Arius's picture

happy days here again - cheerry onnn...

Thu, 01/27/2011 - 12:53 | 909557 EscapeKey
EscapeKey's picture

Yeah, and as the deficit estimate has been increased by $500bn, this is enormeously bullish in itself.

You're effectively selling out-of-money put options, you do realize that?

Thu, 01/27/2011 - 13:25 | 909674 Bay of Pigs
Bay of Pigs's picture

Don't you ever get tired of the I, I, I, me, me, me, "told you so" crap? 

You have no idea what you're talking about on the PM's. Most of us have learned the hard way to buy and hold, even through these corrections (orchestrated or not). I've seen top callers like you for over ten years and $1420 was not the top. 

And with all your successful day trading and perfect calls, how do you have so much time to post on every thread here at ZH?  

 

Thu, 01/27/2011 - 14:08 | 909845 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Spalding since you want to have a boner contest I have been long Cat since the spring of '09 (NOTE:  I have no and have never had any exposure to CAT).  I have no shame saying that this is a corporate takeover.  After the controlled demolition of the financial system, the corporations set on a course to inherit the economic landscape.  If you wish to tag along like a flea on a dog's back I will not judge you.  But enough with what you do not understand.  Gold is the backbone of the financial system.  Take it down, and your flea ass goes with it.

Thu, 01/27/2011 - 14:14 | 909859 Spalding_Smailes
Spalding_Smailes's picture

Hope your right because this could rip the face off of gold/silver if true .... Tomorrow's GDP report'.....

( 1,319.00 ) Woooooooooooooooooosh, no more chart support ...

 

Let's get the party started.

 

Here's Deutsche Bank's Joe LaVorgna with a preview:

We expect today’s Q4 real GDP release to show a 3.5% annualized gain, although the underbelly of the report will likely be even stronger with final sales poised to grow at the fastest pace in nearly five years. No doubt, a mix shift away from inventory investment and toward final demand will give the economic expansion added sustenance. This positive momentum will be reinforced by extremely accommodative fiscal and monetary policy, which in turn causes us to question whether our forecast for 2011 real GDP is too conservative. Before the onset of the last recession, the dollar value of real GDP peaked at $13.364 trillion in Q4 2007. Based on our forecast of a 3.5% annualized gain in Q4 real GDP, the economy will surpass that level and rise to $13.394 trillion. This will officially place the economy in expansion mode. Much of the increase in output is coming through greater consumption and business investment. We estimate real consumer spending grew 4.5% last quarter, led by a massive 23% increase in durable goods expenditures—predominantly coming from auto sales.

Given solid gains in consumer and business spending, we estimate that final sales, measured as GDP less inventories, will rise a solid 5.3%. This would be the largest gain since Q1 2006 (5.9%) and would represent the third largest increase in final sales in the last 10 years. To be sure, it is a noticeable improvement from a 0.9% gain in Q3 2010 and an average increase of just 1.1% since the recession ended. Assuming productivity growth slows, which is a critical assumption of ours, then by definition accelerating domestic demand must be met through faster job creation. The risks are certainly tilting toward faster real GDP growth this year than we presently forecast, but we will need to see at least one outsized employment report before we consider altering our projections. This probably did not occur in January, since weather appears to be distorting much of the data.

 http://www.businessinsider.com/thats-right-its-time-to-get-psyched-for-tomorrows-huge-gdp-report-2011-1#ixzz1CGD8aQ7a

 

Thu, 01/27/2011 - 16:28 | 910414 Crime of the Century
Crime of the Century's picture

How about an update on the amount of mortgage payments diverted to other spending? BoA now declining to issue NODs in non-judicial states? Oh yeah, we're back baby. America, %#$@ YEAH!!

Thu, 01/27/2011 - 16:46 | 910501 traderjoe
traderjoe's picture

Did you really just quote Joe LaVorgna on ZH? The 'economist' that has predicted a HUGE jobs print "any report now" - and has been wrong for 2 years now?

So, you've been "right" for 3 months now on some 15% gainers. WOW. It's not a sprint, it's a marathon...

Thu, 01/27/2011 - 21:05 | 911572 DosZap
DosZap's picture

Spalding,

We have seen the market numbers, all held up by our tax dollars, and overseas EXPORTS.

Because unless I am one blind SOB, the only ones making money are based overseas.

And NO American jobs.

We about saving America or Corporations doing shit for us??.

They can all go to hades as far as I am concerned.American companies should be taking care of Americans with their jobs.

Big business, married to the DC Bitchezzz, is about gone on long enough.

Thu, 01/27/2011 - 20:04 | 911372 DosZap
DosZap's picture

I found it somewhat humorous, that the totals for SS/MC, were nearly the exact same price as Obama has projected for this year.

1.5T.

Thu, 01/27/2011 - 20:12 | 911398 DosZap
DosZap's picture

Spalding,

Not that the Head Turd cannot fend very well for himself, but everyone, (him included) are using tradional charts methods,and time lines.

What is DIFFERENT is we are in a Monkey Jerk Mkt, its being manipulated to hell, I mean, FAR more than usual.

From here to the Tora,Tora,Tora dive,(Currency Collapse, coming a lot sooner than we think) I think old, conventional charting, is OUT the window.

Its any mofos game at this point.

Sure you can call tops/bottoms/trendlines, 20/50/200MDA's, but you cannot account for the Ghost in the Machine.

 

Thu, 01/27/2011 - 20:30 | 911455 DosZap
DosZap's picture

Mr. Hendrix,

Do you think the USD dropping below 74, (which could happen anytime), is the catalyst for the Cliff Dive Event?.(Currency)

Esp since China is using UST's to buy Euro Bonds, and converting to Gold and Silver?.

Thu, 01/27/2011 - 12:33 | 909483 Hephasteus
Hephasteus's picture

Turd was reading the charts well. He just picked wrong way. It'll firm up another 40 bucks more loss or so. LBMA and Comex have to go full crook but they don't want toooo much insanity mixed with their crazy.

Thu, 01/27/2011 - 12:42 | 909495 Spalding_Smailes
Spalding_Smailes's picture

I just find it funny how he can use charts for calling bottoms but will not talk about the massive head and shoulders playing out or how every selloff is the Evil Empire.

 

It must be nice to yell " Evil Empire " every time a trade goes south, a built in excuse ....

 

How can you chart in a " massive manipulated market " ????

Thu, 01/27/2011 - 12:54 | 909563 Arius
Arius's picture

you called it... right on!

Thu, 01/27/2011 - 12:57 | 909570 Spalding_Smailes
Spalding_Smailes's picture

WTF ?? Right ..... 

Thu, 01/27/2011 - 13:01 | 909582 Womb Service
Womb Service's picture

Turd uses charts to show how they paint the tape. Pay attention, Mr. Bravo.

Thu, 01/27/2011 - 13:06 | 909592 Spalding_Smailes
Spalding_Smailes's picture

Mr. Bravo is gone - With his bad calls.

My calls have been spot on, did you pick up Nvida in early dec. ???? Or RIMM at $44 ? Or US Steel at $44 ??

 

I'll give you another ....( MPEL ) The train is almost gone .... 

Thu, 01/27/2011 - 13:14 | 909634 Cheesy Bastard
Cheesy Bastard's picture

Sorry, Mr. Oberman

Thu, 01/27/2011 - 14:10 | 909860 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Anyone can pick stocks.  Monkeys throwing darts can pick stocks.

Thu, 01/27/2011 - 14:53 | 910027 tmosley
tmosley's picture

Hilarious.  Mr. Bravo claimed his calls were spot on too, until myself and others nailed his ass to the wall.

I wonder how your steel will do with international trade grinding to a halt?  Your paper is all trash, and only going up in terms of other paper.  

Thu, 01/27/2011 - 17:04 | 910577 earnyermoney
earnyermoney's picture

Johnny Bravo, Master Bates, Bigger Dickus, Pat53, HarryWanger, Spalding Smailes one in the same. Compliant sheeple to their fascist overloards.

Thu, 01/27/2011 - 21:19 | 911601 Hephasteus
Thu, 01/27/2011 - 20:36 | 911474 DosZap
DosZap's picture

I take the BM EE to mean the Silver Mkt, not the GLd.

When Turd uses it as a funny war cry.

Which isn't so funny, since they got nailed by the lawsuit by GATA, and Obama did another Reach Around to get them a PASS.

What a evil bastard.

From my Vantage he has called them as good or better than most.

Thu, 01/27/2011 - 12:51 | 909549 Spalding_Smailes
Spalding_Smailes's picture

====

====


by Turd Ferguson 
on Wed, 01/26/2011 - 17:30
#907550

There you go! How about an "Audit Fort Knox" bill, instead?

At any rate, if anyone is wondering how things are working out in the bottom-calling business, feel free to click here:

http://tfmetalsreport.blogspot.com/2011/01/feeling-good-louis.html

Thu, 01/27/2011 - 12:40 | 909509 SheepDog-One
SheepDog-One's picture

Dont be idiots people, dont listen to this Spalding or any of the other PM sourpusses...what would you rather have during collapse some pieces of paper or PM coins? Just ask the world leaders escaping their countries what theyre bringing with them- the gold.

Thu, 01/27/2011 - 12:44 | 909522 Spalding_Smailes
Spalding_Smailes's picture

Jim Rogers is out, the charts say run, Nomura is out, Cargill is out.....

 

Good luck !!!

Thu, 01/27/2011 - 12:52 | 909547 alien-IQ
alien-IQ's picture

so let me see if I got this straight:

you'll buy the fuckin dip on some overvalued piece of shit like NFLX with a PE nearing triple digits but you won't buy the dip in the only currency that has managed to hold it's value for a few centuries?

That makes you either:

a) a genius.

or

b) a total fuckin moron.

I'll let others decide for themselves which category best suits you.

Thu, 01/27/2011 - 12:56 | 909566 Spalding_Smailes
Spalding_Smailes's picture

No,

I have pimp'd US Steel, AIG, BAC, NVDA, XOM, JOBS, JPM, DB, ARMH, ZEUZ, RIMM ...

All have gone on 15% run's or more ....

I have also been calling a gold top for 3 plus months with all the " housing bubble quotes ".

 

This gold bashing is nothing new .... But, I have been spot on.

Thu, 01/27/2011 - 13:38 | 909719 Bay of Pigs
Bay of Pigs's picture

Pimp suits you well. Humility not so much.

Hard to believe you're the only one here picking winners every single time. So why don't you have your own blog or newsletter? If Gartman can do it and have such a shitty trading record, why would people not follow you instead?

 

Thu, 01/27/2011 - 13:49 | 909752 alien-IQ
alien-IQ's picture

two things:

1) you've been calling a gold top for 3 months...and now that it takes a dip you claim some sort of intellectual victory? as a reminder I'd just like to point out that even a broken clock has the right time twice a day.

2) you been pimping JPM, BAC and AIG...and you say this with pride? LOL!!!!!!!!!!

I rest my case.

PS: regarding my earlier post...given the evidence provided by your reply...I'll have to go with "B" as my answer. Final answer.

Thu, 01/27/2011 - 13:28 | 909681 SheepDog-One
SheepDog-One's picture

Good luck to YOU Spalding! Youll obviously need it!

Thu, 01/27/2011 - 13:49 | 909768 Math Man
Math Man's picture

The longs are the ones who need luck here.

 

Either that or some puts.

Thu, 01/27/2011 - 19:26 | 911219 bruinjoe93
bruinjoe93's picture

You're a liar.  Jim Rogers said he wasn't going to purchase any gold when it was high but he wouldn't sell it either.  He said he'd buy more if it dropped.

Thu, 01/27/2011 - 15:45 | 910247 Kristian
Kristian's picture

Who is selling his PM's then?

Thu, 01/27/2011 - 17:46 | 910810 pirea
pirea's picture

Simple. The guys who do not have PM. Just paper contracts.

Thu, 01/27/2011 - 12:25 | 909459 hedgeless_horseman
hedgeless_horseman's picture

I thought we had sent #6 and her red hair back to Russia?

Thu, 01/27/2011 - 12:32 | 909480 Confused
Confused's picture

Thanks for the chuckle. I needed it. 

Thu, 01/27/2011 - 12:25 | 909461 unwashedmass
unwashedmass's picture

 

so.....do we actually think we have anything left in Fort Knox for Jamie and Lloyd to steal? I don't kid myself that Barack has the keys.....

and Ben...he's a joke. Timmah ....they are gonna leave those boys on the tarmac with their thumbs up their butts....

that's what you do in the movies, the faithful servant always gets left or dies.

Thu, 01/27/2011 - 12:25 | 909462 NOTW777
NOTW777's picture

phil A helped BK california - now he s in charge - great

Thu, 01/27/2011 - 12:29 | 909470 Cognitive Dissonance
Cognitive Dissonance's picture

....so the distinguished gentlemen (and ladies) are merely busy transferring whatever is left in the unauditable Fort Knox to their own currently warming up Cessnas?

Looks like they overloaded this Cessna with too much Gold. Oh well, plenty more where that came from.

Thu, 01/27/2011 - 12:39 | 909504 WaterWings
WaterWings's picture

Makes the Pentagon wreckage look small.

Thu, 01/27/2011 - 13:33 | 909696 shortus cynicus
shortus cynicus's picture

No match to Pentagon impact: engines have not evaporated.

Thu, 01/27/2011 - 13:36 | 909710 attst487
attst487's picture

There was wreckage at the pentagon?

Thu, 01/27/2011 - 14:42 | 909984 knukles
knukles's picture

Only ashes in the one room where the $ 12 Billion theft of US money (or whatever the fucking number was) on the computers storing the data.  
Never mind, just another coincidence. 

Ever wonder why it's always the big things where the records get lost?   

Thu, 01/27/2011 - 13:55 | 909780 mogul rider
mogul rider's picture

I think I see Spudling Smellsin there. That you Spudling Smells?

Should have bought that dip bitch

Some people never learn.

 

I will say this though, gold is going to fuckin moon now that Spudling is back.

Thu, 01/27/2011 - 12:29 | 909473 slewie the pi-rat
slewie the pi-rat's picture

say it ain't so, phil!

Thu, 01/27/2011 - 12:32 | 909479 alfred b.
alfred b.'s picture

 

 

What's to guard??    ...there is no gold left....and overmore since 2008 the fed has SECRETLY printed some 30 trillion of nat'l debt for which the US taxpayer is on the hook for !!

Now, where the hell did I put my guilllotine????

 

 

Thu, 01/27/2011 - 12:33 | 909482 Gimp
Gimp's picture

Cessna's?  Dictators travel in style, at least a G6 warming-up on the runway..

Thu, 01/27/2011 - 12:34 | 909487 johnnymustardseed
johnnymustardseed's picture

Wow they are burning a lot of paper over at the COMEX!! EEEEK

Thu, 01/27/2011 - 12:35 | 909493 moldygoat
moldygoat's picture

Speaking of Fort Knox, don't you find it odd that Tunisian and Egyptian government officials fleeing their countries stole massive amounts of physical, as if someone called for it to return to the BOE. Seems fishy to me. Someone demanded physical so the JPM, GS, Bernanke CIA did someone a favour.

Thu, 01/27/2011 - 12:38 | 909500 fleur de lis
fleur de lis's picture

the traveling gold show has been on the road for a while now...

http://www.peterdavidbeter.com/docs/all/dbaltpcs.html

Thu, 01/27/2011 - 12:41 | 909507 razorthin
razorthin's picture

Pile on the head-fake PM shorties.  Oh yeah, the economy is improving.  That's why we need QE infinity.

Thu, 01/27/2011 - 12:52 | 909515 JR
JR's picture

From today’s Morning Update/Market Thread on Nathan’s Economic Edge:

“The market continues to show a very strong correlation to money printing.  Yesterday commenter Steve posted a very pertinent chart showing the market activity since QE1 and QE2 were begun.  It clearly shows that when a nation prints money and throws it at the market, the market will go up…

"Investing in such a market is a huge risk.   Traditional Technicals say it's way overdone, and thus it is a dilemma.  For me, it’s not worth the risk as I am not privy to their inside information.

“This effect is the same effect encountered in Zimbabwe when it had the best performing stock market on the planet… for a time.  It is a looting effort.  It allows the people WHO create the money to escape with what riches are left.  As their looting continues, just as in Zimbabwe, real people starve.  In this case our “Fed” is starving the entire world that is on the margins.  And also just like Zimbabwe, when the direct money printing ends, the market will collapse.  It is nothing but an empty shell being inflated by nothing real.  Fraud on multiple levels, disinformation in our statistics, money printing, accounting and control fraud.  It’s all FRAUD.  The rule of law?  Not  even close.

“Still, that’s just complaining, what’s an investor to do?  Ask yourself, “What would a despot do?”  There's more on Nate’s take on gold and real estate at…

http://economicedge.blogspot.com/

Thu, 01/27/2011 - 12:57 | 909569 ghostfaceinvestah
ghostfaceinvestah's picture

What's an investor to do?  Short the shit out of the market the minute QE ends.  Just like last spring.  Cover when the printing presses start back up.

Thu, 01/27/2011 - 16:41 | 910474 Geoff-UK
Geoff-UK's picture

And QE will end...when?

Thu, 01/27/2011 - 12:42 | 909516 SheepDog-One
SheepDog-One's picture

Just look at what the fleeing world leaders take with them. Its gold, not SPY futures contracts. Case closed.

Thu, 01/27/2011 - 12:44 | 909524 aleph0
aleph0's picture

Maybe the FBI is barricading the doors to keep them all IN ?
;-)

Thu, 01/27/2011 - 12:51 | 909550 Ahmeexnal
Ahmeexnal's picture

How many gold bars can a A380 carry?
And, said A380 will mysteriously crash in the middle of the Atlantic Ocean.

Thu, 01/27/2011 - 17:41 | 910789 The Disappointed
The Disappointed's picture

I was wondering about that too. 1.5 tons (or is it tonnes?) must be a bitch to move around. Seriously. And pressumably in big bars too. I mean, what is a former despot to do? Chip off a couple of grams? Ask for change? It is not like they got monster boxes of Krugerrands or VPs.

Thu, 01/27/2011 - 12:54 | 909561 Dr. Porkchop
Dr. Porkchop's picture

Yep, PMs all crashing. Just got off the phone with China, they said never mind the metals, we'll just take dollars. Putin called, said Russia is changing strategies, not going to do gold, going to go long NFLX and APPL all the way. Fort Knox not going to be audited ever, they just announced that they sold at the top anyway, Fort Knox to be rented out to as a flea market which, ironically, will sell fake gold Rolexes and five finger rings with dollar signs. Timmah to wear one when he appears before the senate to threaten to destroy America if the debt ceiling isn't raised.

Thu, 01/27/2011 - 13:19 | 909656 El Hosel
El Hosel's picture

   There is your crash,  retraced 8% of a 400% gain

http://finviz.com/futures_charts.ashx?t=GC&p=w1

 

  Bring on the gold crash

Thu, 01/27/2011 - 20:58 | 911548 DosZap
DosZap's picture

Right on EL, I drug 50 large outa my mattress last night , gonna wait for de bottom.I do not need to add to my positions, but if the price gets right, I will.

Crash My Ass

Thu, 01/27/2011 - 12:59 | 909573 Caviar Emptor
Caviar Emptor's picture

Entrepreneurial idea of the moment: a few of us die-hard ZHheads staring a high-end luxury dictator evacuation service, complete with leased choppers, private jets and military grade security detail (Ammo charged per round used). We accommodate large family groups and exotic pets. Most importantly, we provide a high-security solution for transnational Gold transport in partnership with Brinks. Kevlar fashion apparel provided with custom tailoring. Oh and payment must be made in advance using physical gold only. 

Thu, 01/27/2011 - 13:07 | 909611 Dr. Porkchop
Dr. Porkchop's picture

I like it, but let's throw in topless flight attendants, with a VIP room at the back of the jet called 'The Cockpit'. Premium add on. It's all about the upsell to land more charges on the bill.

Thu, 01/27/2011 - 13:17 | 909641 Caviar Emptor
Caviar Emptor's picture

Done. We can profit from the 'there may be no tomorrow' trade

Thu, 01/27/2011 - 13:51 | 909775 shortus cynicus
shortus cynicus's picture

topless flight attendants

 

Real dictators rape young girls and then kill them to end party in humanitarian way (see Ceausescu regime)

Can you imagine, people doing this would be excited seeing topples stewardess?

I propose to replace Cessnas with bombers. During the last round over a capitol taken over by protesters, ex dictator could then personally push a button.

Thu, 01/27/2011 - 13:01 | 909585 poc376
poc376's picture

How much gold, if any, is left in Fort Knox?

Thu, 01/27/2011 - 13:26 | 909676 El Hosel
El Hosel's picture

   "How much gold, if any, is left in Fort Knox?"

... about one ounce per security guard. 

Thu, 01/27/2011 - 16:43 | 910480 Geoff-UK
Geoff-UK's picture

No need to worry--Fort Knox has pallets of JPM IOUs, and as well all know, those are AS GOOD as gold.

Thu, 01/27/2011 - 20:48 | 911505 DosZap
DosZap's picture

poc376

Should be 2000 Tons +/-, 2000 in Fed Bank NYC, 2000 at WEST POINT, and 2000 more at JPM.(last is speculation).(<:

Thu, 01/27/2011 - 13:21 | 909659 Windemup
Windemup's picture

Turn the charts over. They appear better that way.

Thu, 01/27/2011 - 15:06 | 910080 FreeMartinArmstrong
FreeMartinArmstrong's picture

I don't care about gold, but I do care about cheap oil, and that's why I better have some gold around.

Thu, 01/27/2011 - 20:45 | 911499 DosZap
Thu, 01/27/2011 - 21:54 | 911678 Buck Johnson
Buck Johnson's picture

Nobody is guarding fort knox, because most if not all the gold is gone from there.

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