Prove the Federal Reserve does not buy and sell stocks!?
Answers: Easy. Just check the Federal Reserve Balance sheet. http://www.federalreserve.gov/RELEASES/h...
The assets are all categorized and common stock is not one of them.
Still not sure? You can check every weekly balance sheets since 1997 if you like: http://www.federalreserve.gov/RELEASES/h...
Where the heck did you get the idea that the FRS buys and sells stocks anyway?
Very difficult to prove a negative; much easier to prove the positive. Why don't you do that for us?
We can always go off in weird directions based on a false premise.
There is no constitutional basis or nexus for the Fed to speculate in stocks. I'm not saying that would stop them, but there is no authority for them to buy/sell stocks or "invest" in anything. Our tax dollars are not supposed to be used for speculation; that's the law. Neither would it be a free market if they did so, and investors would look elsewhere.
If the Fed is speculating in the stock market, then there must have been some law passed that allows them to do so. For example, it states very clearly in the law that the Fed may purchase land for its own use. But the nexus, or purpose, must exist first.
A few hundred points, or thousand points either direction in the Dow is not a national crisis or security concern.
Because the Fed prints our paper money, stores it, doles it out, sets interest rates, etc., they are allowed to support it, yet again, the nexus is great.
What does your greatest imagination of common sense tell you about the nexus or connection with the stock market?
Just because you can rob a bank, does not mean you should, or would, or do. There are laws against such things. Although much too powerful, the Fed is also constrained by law.
When the Fed wants to cheat us, or rob us, or imprison us, they simply pass a law to do so, and are blatantly open about their aggressive use of power, but they remain within the law. Where is the law allowing them to speculate openly in the markets?
Qualify your statement first, then ask the question. So far, you have not established a debatable premise, except in your own imagination you call common sense.
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Hmm...another case of guilty until proven innocent.
Can we buy Gold as certificates in some reliable Indian institution rather than physical gold?
Answers: Yes, you can buy gold in demat form throug Gold Exchange Traded Funds. Some mutual funds are doing this (eg) UTI,Benchmark, Reliance,Kotak etc.,
good luck
pnkmurthy(a)yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...
Here's an Option available:
http://www.benchmarkfunds.com/static/Gol...
The launch Article:
http://www.valueresearchonline.com/story...
There are many gold mutual funds available in the market. I would suggest purchasing a gold etf such as IAU. It will provide much more liquidity and you would not have to pay the large carrying costs of physical gold.
As the Fed bought puts against the subprime crisis, don't you reflect they should provide that hindmost to us?
Does the Federal Reserve owe the Amerian government the money they made past its sell-by date the puts purchased against the subprime crisis in the Stock Market? From the profits they made, our governing body should be fully funded for a thousand years!Answers: Part 10 of skahhh's "government monetary conspiracy theory." They're getting wackier adjectives the time.
dig deeper.
respectively year, the Fed gives its surplus funds to the US Treasury. It have been doing this for decades.
so even if your puts story had any truth within it, which I seriously doubt, the taxpayers are the ones who would benefit.
The Fed didn't, and never has, bought stock bazaar puts.
You're an idiot.
You are way rotten on this.
1) It is illegal for the Fed to preserve any profit is makes. All excesses are right now forwarded to the Treasury. Besides, it wouldn't help them to hold it as that money isn't even theirs.
2) The Fed is prohibitted by law from adjectives in speculative activites (derivative and commodity contracts) or investing directly within the markets!
So since what you mentioned never happen, we have nought to worry nearly. If they did receive a surplus, the excess is returned to the treasury, unlike the rest of the government that spends excess funds on stupid things.
skahhh, your filament must be broken..'mete out your light ain't coming on.