has the co-o mill been commissioned?, page-13

This QE and tapering bs is way overblown. The fact:

GLD inventory pre QE stood at 1000 tons. Comex inventory pre QE stood at 200 tons. After all is said and done, today, there is 900 tons in GLD inventory and 200 tons in Comex. In the end, none of that money printing was used to accumulate gold, in fact, in the USA, gold was sold to accumulate US dollars... which were printed aplenty. Tapering won't have an effect, as pointed above, the books have already been squared.

All the gold has gone to Asia and the Middle East. Thanks for coming folks... good luck trying to buy the gold back with US dollars from a country that has trillions in US dollar reserves and wouldn't have clue what to do with all that paper.