2011-05-13cnn.com

``In a letter sent to Congress last month, Geithner said any "fire sale" of assets would be "damaging to financial markets and the economy" and would "undermine confidence in the United States."'' -- But wait, isn't all that gold just a "barbarous relic"??? We're so confused...

Note that this article, while pretty good for a mainstream piece, includes the obligatory anti-gold pravda from resident Kitco pinhead-commentator Jon Nadler, who twists the scenario on its head by suggesting that the US wouldn't be able to find a buyer for its gold (news flash Jon: China would probably be happy to take the whole hoard in one gulp... it would solve a lot of its dollar problems!)



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