Not intend to insult central bankers' intelligence

But I seriously doubt if they understand liquity injection will cause more inflation. Just for example, Gordon Brown, the new british PM, told media sometimes ago, that correlation between Monetary expansion and Commodity price is "unclear". Our first impression would be this is a clever guy bullshitting public, but how did he make himself an idiot by selling half of British's gold reserve at possible lows 7 years ago when he was finance minister?

Rep. Ron Paul said in an interview that some Fed officials still believes USD is backed by gold, hard to believe but really hilarious.

所有跟帖: 

FED's gold holding is only worth 110 billion dollars. -山高月小- 给 山高月小 发送悄悄话 (157 bytes) () 08/14/2007 postreply 10:09:59

Too me gold is nothing different than S&P, DOW, -Aceofspades- 给 Aceofspades 发送悄悄话 (140 bytes) () 08/14/2007 postreply 10:44:54

sorry that is to DG -Aceofspades- 给 Aceofspades 发送悄悄话 (0 bytes) () 08/14/2007 postreply 10:45:34

No. -dividend_growth- 给 dividend_growth 发送悄悄话 (543 bytes) () 08/14/2007 postreply 11:00:28

They fear gold to death. -Aceofspades- 给 Aceofspades 发送悄悄话 (92 bytes) () 08/14/2007 postreply 10:48:49

For the good of world economy, -dividend_growth- 给 dividend_growth 发送悄悄话 (263 bytes) () 08/14/2007 postreply 11:02:06

Anyone who wishes gold well -dividend_growth- 给 dividend_growth 发送悄悄话 (228 bytes) () 08/14/2007 postreply 11:07:27

:) You probably, (surely) never read US constitutions. :) -山高月小- 给 山高月小 发送悄悄话 (0 bytes) () 08/14/2007 postreply 11:46:20

Who gives a damn about consitutions during anarchy? -dividend_growth- 给 dividend_growth 发送悄悄话 (51 bytes) () 08/14/2007 postreply 11:51:08

Sounds like true American Patriot. :) Good luck. -山高月小- 给 山高月小 发送悄悄话 (0 bytes) () 08/14/2007 postreply 11:54:05

By the way, you have a gun, I have gun too. Mine is bigger. :) -山高月小- 给 山高月小 发送悄悄话 (189 bytes) () 08/14/2007 postreply 12:07:39

Yes, wait until China opens the gate. -山高月小- 给 山高月小 发送悄悄话 (421 bytes) () 08/14/2007 postreply 11:53:08

Gold is shit -dividend_growth- 给 dividend_growth 发送悄悄话 (323 bytes) () 08/14/2007 postreply 10:25:42

true, same color, can't eat, just a bit harder -twice10y- 给 twice10y 发送悄悄话 twice10y 的博客首页 (0 bytes) () 08/14/2007 postreply 11:16:12

That's one great interpretation! -dividend_growth- 给 dividend_growth 发送悄悄话 (0 bytes) () 08/14/2007 postreply 11:22:15

Let shit shine. :) -山高月小- 给 山高月小 发送悄悄话 (0 bytes) () 08/14/2007 postreply 11:55:42

请您先登陆,再发跟帖!