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<p>[QUOTE=&quot;scottishmoney, post: 507127, member: 12789&quot;]We&#039;ll see if the Fed lets that happen.&nbsp; But they haven&#039;t been too good at practically anything else they have tried to do lately either.&nbsp; For those of whom would wonder why the Fed would want to keep money out of gold, think about this...</p><p><br /></p><p>Money in gold is money out of the dollar, out of government bonds, out of banks etc.&nbsp; </p><p><br /></p><p>Fear that drives up gold prices also has the effect of creating panic amongst depositors in banks, foreign governments holding US debt, etc.&nbsp; China has been slowly but surely increasing it&#039;s gold reserve while others, notably in Europe sold off a lot of theirs.&nbsp; </p><p><br /></p><p>China is holding a huge amount of the US debt, and if they unload it back on the Federal government, the government is effectively bankrupt.&nbsp; China doesn&#039;t have to detonate a nuclear bomb to do the USA in, all they have to do is call their loans due.[/QUOTE]</p><p><br /></p>

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