Hey Lunch

IMO you are absolutely right, you know it is BS, I know it is BS along with just about everybody else that has been following Gold and the economy knows it is BS. I remember your post where you suggested a contrarian view to the media hype around the weak US dollar and I believe you suggested shorting oil. That would have been a great hedge. Yesterday I posted a link out of the UAE that pointed out an interesting developement that talks about the inclusion of T-Bill purchases made by the 16 big financial institutions in the States as foreign purchases.

Essentially, primary dealers...that's right, any of the 16 financial institutions that trade at the Fed's window...they can now be counted as "foreign" investors. It stands to reason that these institutions (...they are required to bid at the auctions, by the way...) are buying the treasuries for the Fed.

http://agoracom.com/ir/SanGold/forums/discussion/topics/348674-from-a-business-paper-out-of-the-uae/messages/1172074#message

The only point I was trying to make is that the manipulation is so obvious that a greenhorn like me can see it,yet I am so confused by the actions of these sharks that I sit back, content to wait for what should be the eventual outcome. I am sticking with what my gut is telling me long term, however I am going to have to learn how to hedge whenever obvious opportunities( like the days leading up to the sale of $106 billion in T-Bills.) present themselves. Of course just when we are sure we have them figured out they will come up with a new scheme.

Rookie