Monday, May 10, 2010

Gold Is A Good Bet When Sovereign Nations Are Imploding

Get physical gold, real shortages in physical metals affect market activities in strange and interesting ways, pressure on Goldman Sachs in time for the election, hand slaps for the destroyers of economies, paper interests are folly, metals due for a moon shot...
There are only two kinds of gold and silver to own. Physical gold and silver that are located above the ground and that are also in your possession (which can be owned via coins, bullion, jewelry, etc.), and physical gold and silver that is located below the ground (which can be owned through producer shares which represent an ownership interest in the ore containing the raw and unprocessed metals). That is because while owners of bogus paper interests in above-ground gold and silver such as ETF shares, COMEX and LBME contracts, mint certificates and OTC derivative contracts in gold and silver are subject to fraudulent claims of ownership, storage, possession, inventory levels, security issues, insurance issues and metal content, those who take physical possession of their above-ground gold and silver need only worry about security and insurance issues (easily resolved with a private safe/secret hiding place and a call to your insurance carrier) and the metal content of their physical gold and silver, which metal content is really only a concern for the larger bars of gold bullion which recent events reveal might be "tungsten-salted." (more)

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