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Does the Federal Reserve try to keep gold prices down ?

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salva...@gmail.com

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Sep 30, 2008, 6:00:45 PM9/30/08
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I've heard that the fed or someone continuously buys and floods the
market with gold in order to try to keep the price of gold down, has
anyone else heard that ?

Voltronicus

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Sep 30, 2008, 6:05:06 PM9/30/08
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And where did you hear that?

sgt23

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Sep 30, 2008, 6:45:50 PM9/30/08
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Everyone has heard this before. Its a rumor none the less, but I
wouldn't doubt it. The same is probably true with silver. Don't
believe everything you hear. Try doing a little research the next time
you hear a rumor. Then if you don't find your answer ask someone you
think might know.

Jim Menning

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Sep 30, 2008, 7:31:45 PM9/30/08
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<salva...@gmail.com> wrote in message
news:6f67a19c-24ed-4647...@s50g2000hsb.googlegroups.com...

>
> I've heard that the fed or someone continuously buys and floods the
> market with gold in order to try to keep the price of gold down, has
> anyone else heard that ?

Think about it. That doesn't even make any sense.

To buy a large quantity of gold they would create a demand which would reduce the
supply of available gold, thus RAISING the price.

And how could they possibly flood the market with gold, if they are continuously
buying it off the market?


** Posted from http://www.teranews.com **

Voltronicus

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Sep 30, 2008, 8:06:11 PM9/30/08
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The nicest think about you Sarge is that you never let logic, common
sense or fear of public humiliation stop your from posting your crap.

Bruce Remick

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Sep 30, 2008, 9:03:17 PM9/30/08
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"sgt23" <bravesfa...@yahoo.com> wrote in message
news:9810834b-c70c-488b...@u57g2000hsf.googlegroups.com...

*************

Sounds like a Sarah Palin interview quote.


Scott Stevenson

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Sep 30, 2008, 9:14:58 PM9/30/08
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Right. They would have to buy when the price is down, and then sell
when the price is high. I'm pretty sure that buying and selling that
much would attract some attention...

take care,
Scott

sgt23

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Sep 30, 2008, 9:44:23 PM9/30/08
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You all speak as if I'm saying its true. I just saying I don't doubt
that they would try something like this. So stop trying to read my
mind!

mazorj

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Sep 30, 2008, 10:25:12 PM9/30/08
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"sgt23" <bravesfa...@yahoo.com> wrote in message
news:9e08957f-fbb6-484f...@u57g2000hsf.googlegroups.com...

> You all speak as if I'm saying its true. I just saying I don't doubt
> that they would try something like this. So stop trying to read my
> mind!

Oy. Even I'm having a hard time resisting a straight line like that.
You know, if you keep leading with your chin in a newsgroup, someone
is going to punch you with a punch line.

sgt23

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Sep 30, 2008, 10:39:00 PM9/30/08
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On Sep 30, 10:25 pm, "mazorj" <maz...@verizon.net> wrote:
> "sgt23" <bravesfandevo...@yahoo.com> wrote in message

I hit back my friend!

Voltronicus

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Sep 30, 2008, 10:56:44 PM9/30/08
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Your rejoinders and ripostes are not, shall we say, of the calibre of
the Algonquin Round Table.

JHL

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Sep 30, 2008, 11:00:39 PM9/30/08
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it seems to me that the physical price of gold should be higher then
it is, iex. current availability of gold coin, current premiums. it
seems the spot price is being driven by "paper gold".

On Sep 30, 6:00 pm, salvali...@gmail.com wrote:

tony cooper

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Oct 1, 2008, 8:27:06 AM10/1/08
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Arthur (Harpo) Marx was a frequent guest at the Algonquin Round Table.
He was more of a listener than a contributor, but he could be quite
witty.


--
Tony Cooper - Orlando, Florida

Voltronicus

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Oct 1, 2008, 8:59:03 AM10/1/08
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Nice non sequitur!

mazorj

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Oct 1, 2008, 9:00:57 AM10/1/08
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"tony cooper" <tony_co...@earthlink.net> wrote in message
news:toq6e45k71o5o9i7k...@4ax.com...

You made me look that one up, Tony. It's hard to picture Harpo Marx
and Dorothy Parker breaking bread together, but they did. I would
have thought it would be Groucho, whose wit was a match for Parker's.

tony cooper

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Oct 1, 2008, 9:23:04 AM10/1/08
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You've been understandably deceived by Harpo's on-screen persona. We
can't tell the wits from the witless if they are silent. It's when
they speak that they reveal themselves. Witness Voltronicus.

Voltronicus

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Oct 1, 2008, 10:01:47 AM10/1/08
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On Oct 1, 9:23 am, tony cooper <tony_cooper...@earthlink.net> wrote:
> On Wed, 01 Oct 2008 13:00:57 GMT, "mazorj" <maz...@verizon.net> wrote:
>
> >"tony cooper" <tony_cooper...@earthlink.net> wrote in message

Oh snap!

Leo Marx

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Oct 1, 2008, 10:18:40 AM10/1/08
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Yes, it's part of a sales pitch from many bullion sellers.

JAM

mazorj

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Oct 1, 2008, 3:38:20 PM10/1/08
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"Voltronicus" <fwd...@hotmail.com> wrote in message
news:d6313d57-09f2-4ae7...@s50g2000hsb.googlegroups.com...

Been watching the "House" promos?


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