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RE:RE:Chinese Gold demand will be well over 2500

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NYBob Member Level  Friday, 12/20/13 03:29:34 PM
Re: PSPincher post# 818
Post # of 1208 
RE:RE:Chinese Gold demand will be well over 2500 tons -

Reading/Excess reserves held on deposit at the Federal Reserve
currently total $2.4 trillion, which at an a rate of 0.25% per
annum equates to $6,000,000,000 (that’s $6 billion to you and me)
in interest payable to US banks.

This issue of debt is one that just won’t go away.
The debt that underpins the banking systems of the world can
never be paid back. Period.


If it were, everything would collapse.

The Federal Reserve Is Leveraged Roughly 70 Times...
http://goldsilverworlds.com/money-currency/the-federal-reserve-is-leveraged-roughly-70-times/


US: Thirteen Republican and thirteen Democrat Senators
introduced a bill that would require the US to fund and
militarily support Israel if it bombs IranABC 2013
Dec 19 long Gold LSG !

Read more at -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95170160


God Bless



My opinions are my own and and DD I post should be confirmed as unbiased
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