Five Sophisticated Gold and Silver Investment Strategies for 2009 [View article]
Absolutely. COMEX is a house of cards waiting to fall.
If you want to invest in the real thing (backed by actual silver and gold, not paper), get into Central Fund Of Canada. Central is listed on the NYSE Alternext - Symbol CEF and the Toronto Stock Exchange - Symbols: Cdn. $ CEF.A and U.S. $ CEF.U -- buy in on the Toronto Stock Exchange (why hold US dollars?).
CEF gets audited 2x a year to make sure it holds aroun 90% gold and silver, not paper like the COMEX.
Cheers and good luck this year to all.
On Dec 28 01:24 PM Clavis wrote:
> Chaps, if you are buying gold/silver, remember to buy the real stuff, > not pieces of paper offering; or not; delivery at some future indeterminate > date, i.e. AVOID COMEX
Five Sophisticated Gold and Silver Investment Strategies for 2009 [View article]
If you want to invest in the real thing (backed by actual silver and gold, not paper), get into Central Fund Of Canada. Central is listed on the NYSE Alternext - Symbol CEF and the Toronto Stock Exchange - Symbols: Cdn. $ CEF.A and U.S. $ CEF.U -- buy in on the Toronto Stock Exchange (why hold US dollars?).
CEF gets audited 2x a year to make sure it holds aroun 90% gold and silver, not paper like the COMEX.
Cheers and good luck this year to all.
On Dec 28 01:24 PM Clavis wrote:
> Chaps, if you are buying gold/silver, remember to buy the real stuff,
> not pieces of paper offering; or not; delivery at some future indeterminate
> date, i.e. AVOID COMEX