Jim Rogers: Let IMF sell its gold so I would buy it cheaply and we could dissolve IMF 2009.02.10
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house sales lowest level since 1978 !
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@IWashMyOwnBrain LOLOLOLOLOLOLOLOLOLOL. Wash harder!
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@SIERRAHPBT We don't have democracy. We are just told we do...
Switzerland is the only western country that has true democracy.
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Sounds like the IMF is selling Gold to support the US Dollar. The Fact that China is buying...would also help the Yuan and China in the future as according to news media, would be a move up in China's Gold Supply.
China is attached to the US dollar so it would also be in their best interest to Shelter the dollar.
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Keep eye on china if they buy the remaining 141 tons of gold IMF put on market this year gold will clime to 1500+ by end of year and oil over 150+ not because of demand but because diminishing value of $.
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Nice theory but I think IMF & World reserve banks no the game is almost up so there putting gold on the market so there ultra rich buddies and investors can buy it up to protect themselves. Think about who's buying these 400 ounce bars? Not the average guy, the little man will get killed by what's to come! Do what the smart
& big money is doing buy gold and silver protect yourself! The gov interventions and stimulus Is just buying them some xtra time!
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Or at least it would be again--if Ron Paul was President in 2012.
pauldelacroix 3 years ago 9
DEMOCRACY SUCKS! THE US is a representative REPUBLIC..
SIERRAHPBT 3 years ago 8