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The Latest Gold Fraud Bombshell!

When the realization that gold owned is just 1% of what is physically deliverable, you will see the biggest bank run in history.

http://www.zerohedge.com/article/latest-gold-fraud-bombshell-canadas-only-bullion-bank-gold-vault-practically-empty
As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Comments

  • Stavros_3
    Stavros_3 Posts: 1,288 Forumite
    I see 'Pimp my gold' is still at it.
    Liquidity is when you look at your investment portfolio and **** your pants
  • Asheron
    Asheron Posts: 1,229 Forumite
    Yea because there are so many Millionaires on this forum, which could have a dramatic affect on the Gold Market.
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Asheron
    Asheron Posts: 1,229 Forumite
    When will you realise the only real money in the world is Gold and Silver?
    Your paper money is worthless, you probably think fuel has gone up in value when in reality your £ has devalued.
    Inflation is high because the printing press in overdrive.
    Gold and Silver hold value.
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • lvader
    lvader Posts: 2,579
    Part of the Furniture 1,000 Posts Combo Breaker
    Forumite
    Asheron wrote: »
    When will you realise the only real money in the world is Gold and Silver?
    Your paper money is worthless, you probably think fuel has gone up in value when in reality your £ has devalued.
    Inflation is high because the printing press in overdrive.
    Gold and Silver hold value.

    If the paper gold market fails it will be the end of gold as a form of investment. Silver is already a failure.
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    Most vaulted bars are actually gold-plated tungsten, the gold has been secretly acquired by Red China as they know US Bonds will soon be worthless.
  • Reaper
    Reaper Posts: 7,366
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    amcluesent wrote: »
    Most vaulted bars are actually gold-plated tungsten, the gold has been secretly acquired by Red China as they know US Bonds will soon be worthless.
    Lovely conspiracy theory, but wrong.
    China says committed to U.S. debt, wary on gold
  • purch
    purch Posts: 9,865 Forumite
    Zero Hedge = Zero Credibility
    'In nature, there are neither rewards nor punishments - there are Consequences.'
This discussion has been closed.
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