Summy

Bullion Shortage and Spot Prices Tell Two Different Gold Stories

Do you really think the GLD or SLV fully account for bullion with custodians like Barclays or JP Morgan? Do you really think the paper gold in the world will be accepted in the future? I do not... If you are not in the CEF or GTU you might be in a paper derivative for trading but nothing backed by real bullion... Of course the banks supress the COMEX price... Check out the declining open interest in gold with the stock market collapsing... Traders are realizing there are less and less free markets here in USSR/USA. C