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Sell the gold
by Travus T. Hipp
May 22, 2011 | 536 views | 0 0 comments | 5 5 recommendations | email to a friend | print
I see where gold has hit the fifteen-hundred an ounce mark and seems likely to keep on climbing unless some economic messiah arrives from on high with a solution to the current crash of western finances around the globe. With the price high it would seem like a good time to sell at a profit and get into something like soy beans or coffee futures.

Gold is strange. It is the only substance on Earth that does not react to oxygen. Gold doesn’t rust, burn, tarnish or mutate into component elements. Gold just is. Which is what makes it valuable. You cannot counterfeit gold. Simple tests can verify its purity under even the most primitive conditions, using fire, the “acid test” comparison or just bouncing a coin off a rock surface and see if it “rings true” with a tone unlike any other sound.

America took away our right to keep and spend gold in the beginning of the great depression, when President Roosevelt called in all the coinage, melted it down and trucked it in 60-plus pound ingot to Fort Knox, Ky., where the government built a repository for our national treasure. Since that time some unknown number of tons of gold bricks have been locked down in a thick steel vault, made up of numerous sealed storerooms, deep underground below a concrete fortress with gun towers at every corner and on the roof to guard against the banditry plaguing the country at the time. John Dillinger, “Pretty Boy”  Floyd were elevated to national menace in order to empower the budding FBI and its ambitious chief, J. Edgar Hoover. The fear that our gold would fall prey to the larcenous underworld dictated the design of the Fort Knox repository, and subsequent modernization’s have made it virtually impregnable. The building is surrounded by open ground with motion detectors; two fences with razor wire another security fence and a border fence around the entire complex. Add in the new security systems using laser beams and full surveillance, and the place is pretty well locked down.

For  what?  Just how could anyone or any terrorist cabal steal our gold? By what means could they take control of the repository, gain access to the vault and sealed storage and then move the tons of ingots, much less where to?

Presuming   a fleet of pre-positioned trucks, and a several hundred man working party to load and drive them out onto the highways of Kentucky, the convoy would be  intercepted by the helicopters, tanks and armored forces from Fort Campbell which surrounds Fort Knox, backed up by the highway patrol, local sheriff and deputies, town cops and meter maids. Even if they shoot their way clear, where do they go?

So our gold, yours and mine is piled up in Kentucky while the government threatens to cut education, health care and the elderly out of benefits. There is something wrong with this picture! Coin the gold and sell it to American citizens as a hedge against further fiscal foul ups by government. Use the profits to save Medicare, Social Security, and the U.S. dollar from collapse.

“Travus T. Hipp” is a 40-year veteran radio commentator with six stations in California carrying his daily version of the news and opinions. “The Poor Hippy’s Paul Harvey,” Travus is a member of the Nevada Broadcasters Hall of Fame, but unemployable in the Silver State due to his eclectic political views. He can be reached at cabalenews@aol.com.
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Sell the gold by Travus T. Hipp


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