6/15/09 1:10pm - Stock market Update - Fed audit by congress

[CelticReject]

The fed will never allow this. They would rather have a 3rd World War before opening their books. Literally.

[boots920]

Gold 1776 $20

Gold 2009 $1000 (almost there)

You can't have a "free" market if there's no way of having a measurement. That's why gold remained $20US for almost two hundred years. $1000 gold means the Fed with the government is counterfeiting money.

[pshinspections]

... and the scc in the fazz (hic).

LOL

Enjoy your vids, but I would never trade stocks again.

[pshinspections]

Any such audit, even if it were real, would take ten years and a thousand CPAs. That means results in 2020... long after it would have been useful information to this depression.

[pshinspections]

Hiring the govt to audit the Fed is like sending the pimp to check the pussy. The results won't be real.

[vze284nw]

Here is my question: the Fed has never been audited but dont you think they have prepared for it in case they ever were? They probably have ten sets of books and who would be the wiser since this is the first time they will be audited. Nobody knows what their past transactions are so how could you prove they are lying.

[myheadhurtsnow]

Yeah I don't know why they wouldn't just delete everything.

[Lyndehouse]

If they do that, we have Ron Paul to call them on it. But there will never be an audit. They will put federal troops on us and install marshal law before they would allow a Federal Reserve audit.

A simple Fed audit is the equivalent as a complete coup d'etat of American government--and Ron Paul knows this better than anyone.

[mic374]

What was it you mentioned at the end--the vicks or something like that???

Thx for the info.

[econbustsoon]

The $vix.x is a fear indicator in the sentiment of the market. To look it up the symbol is $vix.x

[Lyndehouse]

Good job man. Very good points--right on