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To: alphadog
The NY Fed is a non gov’mit company ... if that matters

I believes it matters. Take a look at the recent MF Global fiasco.( John Corzine)

"Despite his account being fully funded, Celente was hit by a margin call as Chapter 11 trustees stepped in to take control of his funds, leaving his account empty thereby closing his positions and preventing him from taking physical delivery of his gold which was due in December. When Celente rejected demands to transfer more money into the account it was hastily closed.

Speaking with Alex Jones, Celente expressed his fury at the move, labeling it an example of “economic martial law,” and speculating that the real reason for the looting was because the broker never had the gold and silver to deliver in the first place.

http://www.dailypaul.com/187615/mf-global-looted-customers-accounts-via-internal-bank-run -Tom

23 posted on 11/10/2012 8:02:58 AM PST by Capt. Tom
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To: Capt. Tom

Celente even had serial numbers for each of his gold bars. This was like them stealing your car because the owner of the garage went bankrupt.

JP Morgan, of course, got out whole.
They stole the gold, Corzine is guilty, and he’s free as a Democrat.


24 posted on 11/10/2012 8:11:20 AM PST by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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