What was the FED's May Day message?

By now most of you know that the FED is NOT a government agency, but a collection of privately owned banks. So, the Nation's money supply and currency is trusted into the hands of private individuals, whose number one interest is to enrich themselves and their customers. This is not a criticism, just a statement of facts.

Naturally, people in the business of investing parse the FED (the FOMC) statements as to what their intentions ARE.

The FOMC issued a statement in March, the twentieth. At the next meeting, the FOMC reissued the same statement except for one sentence: :"Fiscal policy has become somewhat more restrictive." So, what exactly does that mean? Does the FED mean that monetary policy is restrictive - meaning that it is going to loosen even more?

There are two factoids that I would like to connect. First, Goldman Sachs has exited a short position in gold. Second, look at the graph of the monthly closings on gold:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/13_This_Key_Chart_Tells_You_All_You_Need_To_Know_About_Gold.html

What this chart shows is that the monthly chart had a double bottom in 2008 and it is heading for that again. So far, the monthly closing price has not gone below the bottom line. That means that when the next downleg hits the ascending line, the rally resumes. Next stop: over $3,000.