About US Bonds, FED Audits, Pension Investments and Counterfeit Gold - October 2009

The largest weekly sales of US bonds ever will occur this week (end of October 2009) with a net debt increase of 153 Billion USD which will flood the market with further debt and even exceed the current authorized federal debt limit. This could weaken the dollar which is a bullish for precious metals.

Bill 1207 originated by Ron Paul to restrict and audit the US Federal Reserve has a good chance to pass. Ron Paul also introduced a second bill to abolish the fed in it's current Form.

Interest in precious metals keeps rising as pension funds buy more of this asset class and investors are increasingly concerned about monetary policies.

Lastly, counterfeit Gold in China is becoming more of a worry, watch out for gold plated Tungsten.

Read the full article under: Gold Blast-Off Starts Friday?