Beiträge von bullionbulls

U.S. Mortgage-Title Fraud A National Catastrophe

It is impossible to overstate the severity of the real estate crisis in the United States which has been caused entirely by the reckless fraud of the nation’s largest banks – the Wall Street Oligarchs. We now have mortgage-fraud being openly acknowledged by the banksters, and on a scale never before seen in human history.

We have a single individual with JP Morgan openly admitting that she “and her team” committed more than 18,000 acts of fraud per MONTH, while one Bank of America official admitted that she personally committed 7,000 to 8,000 acts of fraud monthly. Regular readers will recall that in a recent commentary I reported on two, separate anecdotes where the Bank of America attempted to “foreclose” on properties which did not even have mortgages...

“Defective documentation has created millions of blighted titles that will plague the nation for the next decade,” said Richard Kessler, a Sarasota, Florida attorney. Kessler conducted a “study” which found defects in approximately 75% of all court filings...

The yet-unanswered question is what about the 10’s of millions of other securitized mortgages which have been “sliced-and-diced” by the Wall Street banks to the point where it is unclear whether any “homeowner” with one of these tainted-titles is capable of passing “good title” to a prospective buyer? I first brought up this bigger legal-nightmare roughly a year ago, in a two-part series titled “Who Owns Foreclosed U.S. Properties?” (links below)...

full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

This is TRULY unbelievable: U.S. banks openly STEALING properties from U.S. homeowners...

U.S. Mortgage-Fraud Totally Out Of Control

...A flurry of news items demonstrates that this epidemic has gotten so out of control that Wall Street banks are literally acting like there are no laws, at all. Shortly after a preliminary report that Ally Financial (the “mortgage unit” of GMAC) had suspended foreclosures in 23 U.S. states due to defective/fraudulent foreclosure procedures, two other news items emerged on this fraud-factory.

First there was the report that Ally had been previously sanctioned in 2006 for exactly the same defective/fraudulent mortgage procedures. It doesn’t take a suspicious mind to conclude that Ally never stopped those fraudulent practices. This conclusion is reinforced by another news item from the same day: that Ally had secretly warned Freddie Mac weeks earlier of its fraudulent/defective practice.

Specifically, Ally (and other U.S. fraud –factories like JP Morgan) have been foreclosing on properties without determining if they even hold legal title to these properties. There is a simpler term for this practice: Wall Street banks are using the foreclosure process to steal homes which don’t belong to them...

...One anecdote reported that BoA tried to foreclose on a Florida property which did not have any mortgage (i.e. title was held free-and-clear by the homeowner). Another anecdote announced that BoA had done the same thing to a Texas homeowner who also held clear title. BoA even had the power cut-off to this property...

full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

Does Silver’s ‘Smooth Ride’ Lead Past $30?

Regular readers will know that I shun short-term charts and “technical analysis”. Such tools carry a low degree of reliability, since they are built upon numerous false assumptions (beginning with “free and open markets”, and “perfect information”). I submit to readers that markets have never been less “free and open”, and information has never been so far from “perfect”.

Worse still, almost none of the people who engage in such analysis have any theoretical training in statistics. Lacking such education, they are simply oblivious to how much accuracy is lost with such tools – when we shorten the time-horizon.

Long-term charts, on the other hand are an entirely different matter. The much, much higher level of reliability which is provided by a longer time-horizon is a powerful compensating force versus the margin of error caused from using flawed assumptions. Relying upon superior tools inevitably means greater clarity when analyzing any particular market.

In the case of silver, when we begin looking at longer-term charts, there are a few obvious facts which leap out at viewers, and some which are perhaps not so obvious. To begin with, unlike almost any other market, silver never goes sideways. It is either moving strongly upward, or strongly downward – reflecting the “struggle” between market-rigging bankers looking to keep silver grossly under-valued, and the even more powerful force of supply-and-demand.

full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130

Silver and Germ-Warfare

...I was introduced to a Swiss company, HeiQ Materials, which “manufactures high performance textile effects for the most demanding functionalities”. To explain this in greater detail, HeiQ manufactures “microcomposite” silver- additives which can be used to add anti-microbial properties not only to textiles, but also to medical devices and plastic coatings.

There are several facets to HeiQ’s business model (and products) which should greatly excite silver investors. Most-notably, HeiQ does not manufacture anti-microbial clothing, or upholstery, or many similar products where anti-microbial, silver-based technology can be introduced. Instead, it manufactures an additive which can be relatively easily assimilated (through customized formulations) into the manufacturing processes of companies which are already manufacturing such consumer and commercial products.

What this means is that this emerging technology can be incorporated into our economies far more rapidly than if each individual manufacturer needed to design and engineer their own anti-microbial products, one by one. The other aspect of HeiQ’s silver-based technology which I found especially exciting was that it is an extremely flexible technology....

full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130

For those members of this forum who THINK they know their mining stocks, our site is having a contest to choose the best-performing (North American-listed) mining company (between Oct.1 - Mar.31):

http://www.bullionbullscanada.…ian-commentary&Itemid=134

For any who are interested, this is the first publishing effort of our mining specialist, Brian Boutilier - who compiles all of the summaries in our mining database, and is an avid trader of these companies...

Screening Precious Metal and Mining Companies

When looking for miners to post on our database, or just selecting a company to consider investing in, I go through a two-stage process. First there are screening criteria (should I look at this company further?), and then I use selection criteria (do they warrant a write up or investment?). In this article, I will start by introducing you to my screening criteria.

My first step is the company’s “abstract” on its home page. Most companies give you a somewhat hyped-up sense of who they are (to no great surprise). While this is not the whole picture, I do expect to gain a little insight on the company.

I usually can find out what they do (producer, “advancer”, explorer), what they are exploring or mining (Gold, Silver, multi-mineral), and what the stock-ticker is for one or more exchanges. Sometime this abstract will let you know if they are expecting changes (“NI-43-101” reports, assays, drilling, increased reserves, increased production-rate etc). Finally, I would expect to find where they are located, (properties/projects) and why these projects have potential. Again, at this stage I want a snapshot of the company, to decide whether or not to consider them further. If my interest is still piqued, then I will delve into the company in greater detail...

full commentary: http://www.bullionbullscanada.…old-commentary&Itemid=131

With the help of our Mining Coordinator, Brian Boutilier, we are in the process of putting together a complete "tutorial" to help investors who are new to this sector learn how to invest in gold and silver miners on their own.

For many of you here, you don't need OUR help (lol)! For those people, we have something else to offer, our "Bullion Bulls Miners' Challenge". Simply pick the best-performing miner over the contest period (Oct.1 - Mar.31). While we have not officially announced our prizes, I can confirm that the "Grand Prize" will be a 1-oz gold coin.

Researching Gold/Silver Mining Companies
http://www.bullionbullscanada.…old-commentary&Itemid=131

"...As with anything, we must start with the “ABC’s”. To make sure that no one is excluded from this analysis, I will assume that readers are not only new to this sector, but also new to self-directed investing. For those who already have a sophisticated understanding of these basic principles, we will delve into more advanced topics and analysis in future installments.

To make this analysis a little more “elementary”, we will assume that all of these mining companies are either producers or near-producers (i.e. “advanced-stage exploration projects”) – since “pure” exploration companies are more difficult to value objectively..."

contest: http://www.bullionbullscanada.…ian-commentary&Itemid=134

New Supply Floods U.S. Housing Market

To the surprise of no one (who was paying attention), the U.S. housing market is once again flooded with excess supply – and worse still, the situation is guaranteed to get much, much worse in the months (and years) ahead.

The situation is very simple: there are no buyers and more “homeowners” than at any time in history are incapable of servicing their mortgages (in other words, they aren’t really home-owners). This means that inventories will go straight up, and prices should go straight down. Of course, as I pointed out in a previous commentary, massive U.S. mortgage-fraud (which is greater today than at the heart of the first U.S. housing-bubble) means that even price-data from the U.S. housing market is hopelessly flawed.

To be specific, fraudulent transactions reporting supposed “price gains” of 1000% and more have totally poisoned this data. As a result, no one is capable of saying exactly how fast U.S. house prices are really falling. Using fraud to lie to Americans is nothing new for the U.S. government – and undoubtedly it considers itself very clever to use mortgage-fraud to feign price-gains in the U.S. housing market.

However, all that is being accomplished is that instead of an horrific crash – which finally results in an equilibrium price-level, the U.S. government continues to delay the real, necessary correction in prices. Instead of this crash being spread over merely five to ten years, the U.S. government is ensuring a full generation of slow, steady decay...

Full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

New Supply Hochwasser US-Immobilienmarkt

Holding keine anderen Aktiva als Immobilien, Ruhestand Babyboomer haben die Auswahl zwischen radikal verringern ihre Ausgaben (und des Lebensstandards) - welche die US-Verbraucher-Wirtschaft zerstören wird - oder sie können Billionen von Dollar von Immobilien auf den Markt dump (dh mindestens 10 Millionen Haushalte).

Inzwischen auch bei Propaganda-Outlets wie Bloomberg, sie sind überall die Vorhersage von 8 bis 12 Millionen mehr Zwangsvollstreckungen / Räumungs, die in nächster Zeit auf dem US-Markt in den nächsten Jahren ausgegeben werden. An sich ist dies mehrere Jahre zu versorgen. In anderen Worten, wenn US-Hausbauer nicht gebaut, auch ein Haus, und US-Hausbesitzer nicht verkaufen eine Heimat, würde es noch dauern mehr als zwei Jahren nur wegzuräumen all dieser zusätzlichen, Bank-prozentige Versorgung.

In der realen Welt, jedoch weiterhin US-home-Erbauer dieses Überangebot Markt mit neuen Einheiten zu überfluten. US-Hausbesitzer weiterhin ihre Häuser - mit einer großen Zahl von ihnen sind so verzweifelt, zu verkaufen, dass sie in "short-sales" gezwungen werden. Und US-Baby-Boomer sind gerade dabei, Dumping Millionen von Haushalten, die selbst beginnen...

vollständigen Kommentar: http://translate.googleusercon…iCgwqBb8td4siRsYFAjv6yjkQ

Time For Gold Miners To Decouple?

My first inclination when I formulated this title was to leave out the “question mark”. Now is clearly the time that precious metals miners should decouple from the broader market. However, as we all know, what should happen (in our manipulated markets) and what does happen, are usually two different things. To borrow the old adage, “the market can remain irrational longer than you or I can remain solvent.”

All the same, my own investment philosophy is that I would rather be “early” in arriving to an under-valued sector/asset-class than to hop on the bandwagon with the rest of the sheep as they chase the latest flavor-of-the-week. Indeed, to my mind, nothing speaks louder about the attractiveness of other sectors than the pronouncement by virtually all of the market experts that “buy and hold is dead”.

As I regularly tell our readers, “buy and hold” is certainly not dead when it comes to the precious metals sector. After nearly a ten-year bull-run, the fundamentals are much more bullish today for this sector than when this bull-market began. On this basis alone, cautious investors who want to ensure that their capital doesn’t get sucked-into one of the many economic “black holes” which threaten to devour our economies should have already loaded-up on these safe, conservative investments.

True, investing in precious metals miners means living with volatility that makes a roller-coaster seem tame in comparison. However, simply stretch-out the time horizon by looking at long-term charts, and (as with everything else) much of the (short-term) volatility disappears from the picture. What remains are simply the most-bullish collection of charts in all of our economic sectors...

Full commentary: http://www.bullionbullscanada.…old-commentary&Itemid=131

Zitat von Edel Man

Great Panther mit Bonanza Grades

This has been a long-time personal holding of mine, and (in my opinion) is one of the biggest "secrets" certainly in the silver sector, if not all precious metals miners.

This company owns TWO, profitable mines. One of them is one of the largest silver mines in HISTORY: the world-famous Guanajuato mine. Here is what investors must understand: 1 BILLION ounces has been taken from this mine - but ALL of it only down to a depth of 400 meters.

This MASSIVE deposit is "open at depth" for roughly 4 kilometers. Mineralization has since been shown to go down to AT LEAST 600 meters. And even with 1 billion ounces taken from the higher elevations, they are STILL finding new zones with their in-fill drilling. This is not only "high grade" ore, but there is LOTS and LOTS of it...

Dies hat eine langjährige persönliche Besitz von mir gewesen, und (meiner Meinung nach) ist einer der größten "Geheimnisse" sicherlich im Bereich Silber, wenn nicht alle Edelmetalle Bergleute.

Diese Firma besitzt zwei profitable Bergwerke. Einer von ihnen ist einer der größten Silberminen in der Geschichte: die weltberühmte Guanajuato Mine. Hier ist, was Investoren müssen verstehen: 1 Milliarde Unzen aus dieser Mine getroffen wurde - aber das alles nur bis zu einer Tiefe von 400 Metern.

Diese massive Kaution "in der Tiefe offen" für ca. 4 Kilometer. Die Mineralisierung ist seit gezeigt worden, um hinunter zu mindestens 600 Metern. Und selbst mit 1000000000 Unzen aus den höheren Lagen getroffen, sie sind immer noch die Suche nach neuen Zonen mit ihren Infill-Bohrungen. Dies ist nicht nur "high grade" Erz, aber es gibt sehr viele davon ...

The Solution to Sovereign Insolvency, Part III: Taxation Salvation

Is there anyone out there who would like to live in a world with no personal income tax, and no corporate income tax?

Do investors think that our economies would become more efficient if we eliminated all sales taxes and capital gains taxes? How about living in a world where all those taxes are gone?

No, I have not been ingesting illegal narcotics. In a world with a wealth tax, all other forms of taxation would be eliminated – as being redundant. Furthermore, across the Western world, $10’s of trillions in wealth would be exposed to taxation for the first time. The obvious advantage of such a tax system (apart from the enormous improvements in economic efficiency) is that with all wealth subject to taxation, the tax rate paid by everyone would decline...

...Without introducing this tax reform, there is no hope for our economies. This, in turn, means that our societies are heading for exactly the same “solutions” which History has always imposed for these economic meltdowns. Either our “leaders” will start numerous wars – to distract our populations while economic implosion takes place, or we will experience violent revolutions, as the oppressed majority becomes totally impoverished, and has no choice but to take the wealth of the ultra-wealthy...

full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

The Solution to Sovereign Insolvency, Part II: Taxation Follies

...In short, in an income taxation system, even a 100% tax-rate has only a trivial impact on the very wealthy, while tax-rates far below that level have a very punitive impact on the average person. And in absolute terms, if we taxed the $30,000/year worker at 0%, his total wealth would only increase by $40,000/year, while if the billionaire was taxed at 100% (on his income) that person’s wealth would still increase by $100 million per year. Simply, it is mathematically impossible to have income taxation without giving the ultra-wealthy a “free ride” – and concentrating more and more wealth, in fewer and fewer hands, every year.

Worse still, as I pointed out in Part I, there is nothing more detrimental to an economy (as a whole) than by allowing most of a society’s wealth to be concentrated amongst a tiny portion of the population. Thus, income taxation is not only a system which inevitably and unjustifiably makes the obscenely wealthy even more obscene, but it also steadily weakens our economies in the process.

This concept can be illustrated by the chart below, which shows how incomes in the U.S. became horribly concentrated among the ultra-wealthy – and then came the Great Depression. Looking ahead to today, we see that (once again) incomes have become shamefully skewed in favor of the wealthy, and (once again) we are faced with the imminent threat of another, Greater Depression...

full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

The Solution to Sovereign Insolvency, Part I: Taxation History

...Compare these two scenarios. One society has a small number of very wealthy individuals, with massive hoards of wealth hidden away in vaults, while the vast majority have barely enough wealth to survive.

A second society has the same number of wealthy individuals, but the hoards of wealth are much, much smaller. Instead, that “excess wealth” has been spread amongst all the individuals of society – giving the average individual much more spending power (and savings).

Is there any doubt which of these two societies would have the much healthier and more prosperous economy?

Few ancient cultures were advanced enough to have “philosophers”. With no educational systems, either, this left a huge information/education void in the lives of our ancient ancestors. To a large extent, religion attempted to fill this vacuum...

full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

Perhaps this analysis will help to clarify the debate taking place here?

Commodities: Hoarding Versus Shorting

Given the decades of rampant manipulation of the precious metals markets on the “short” side of trading, it is more than ironic that as the U.S. CFTC (“Commodity Futures Trading Commission”) ponders restrictions on commodities markets, it has expressed the most public concern about “speculators” on the “long” side of investing...

...we continue to hear endless rhetoric about “speculators” disrupting markets (especially the crude oil market) – through “competing” with the buyers who actually consume these commodities through their own operations. Such “disruptive speculation” is often referred to (disparagingly) as “hoarding”...

In short, excessively low prices are at least as damaging and disruptive to markets as excessively high prices – and arguably much more so, since they lead to two massive distortions to markets: first over-consumption (which depletes inventories and stockpiles), followed by a massive price-shock (the only way to curb demand to a sustainable level)...

full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130

Zitat von Edel Man

Während die ersten auch im Forum über Goldblasen spekulieren und neu aufgetauchte Goldbären mit pseudo Rechnungen den Goldpreisabstieg förmlich propagierten und über Milchmädchenrallyes plappern =), schaue man sich den Vergleich zu früheren Bullmärkten, manches mal "Blasen" genannt, genauer an.

Edel Man, I love that chart!

I think I will have to seek permission to "borrow it" for one of my own commentaries (lol)...

Bullion-Buying in China and India, Part II

...The first observation to make is that by weight India’s imports (and consumption) of silver have collapsed from levels of a few years earlier. Previously, Indian silver consumption fluctuated at a robust level of between 3,000 and 4,000 tons per year. In 2008, demand fell below 2,500 tons, and then in 2009 there was a huge plunge in consumption – all the way down to around the 1,000-ton level.

The second observation to make is that unlike the gold market, where demand is roughly balanced between urban and rural consumers, silver is in much greater demand (generally speaking) from rural inhabitants. This goes with what I wrote earlier in this pair of commentaries: precious metals are the primary “savings instrument” of India’s “peasant” population (which generally lacks any access to banking services).

While India’s rural population certainly has no aversion to gold, their more modest levels of income dictate that what they can afford to purchase (to store their wealth) will be primarily silver jewelry. With the silver market in India being driven by its rural population, this adds another “variable” to Indian silver demand: the weather (and agricultural harvests)...

full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130

Deutsche:

Bullion-Shopping in China und Indien, Teil II

...Dies hilft uns, den Zusammenbruch in der indischen Nachfrage nach Silber zu erklären. 2008, nach der Wall Street rücksichtslosen Take-Down der globalen Rohstoffmärkten wurde Silber "Hit" viel härter als Gold. Die Kehrseite davon ist das Silber prallte Markt-back viel stärker als der Goldmarkt. Während Gold erlebt einen Trog-to-peak Umzug von etwas mehr als 40% im Vorfeld der am Ende des Jahres 2008 war Silver's move (in US-Dollar) mehr als 60%. Folglich zeigten indischen Käufern viel mehr "Aufkleber-Schock" für den Preis von Silber als der Goldpreis. Der Sprung in der Nachfrage wurde durch die schwächer als üblich "Monsun verschlimmert" Regen im Jahr 2009 - die indischen Bauern hängen für eine gute Ernte...

vollständigen Kommentar:
http://translate.googleusercon…o5JnczjO9lVoQ2p3Eksc-KCrA

Zitat von Onkel Tom

Hab mir gerade mal ein Video von Max Keiser und Dr. Joern Berninger angesehen. Wenn ich das richtig verstanden habe steht (laut Berninger) folgendes bevor: Die USA, bzw. die FED bekommt in ca. 3 Wochen ein Problem mit der Finanzierung ihrer Staatsanleihen, eine Möglichkeit der USA wäre noch, einen Aktiencrash herbeizuführen um das dann fliehende Kapital in amerikanische Staatsanleihen umzulenken.

Was denkt ihr über das oben geschilderte Szenario: Deflatorische Auswirkungen? Goldpreis sinkt (Liquidation wegen Liquiditätsmangel)? Goldpreis steigt (da Gold ein kleiner Markt)?

Onkel Tom, the leading authority on this question is John Williams of Shadowstats.com. He was the first one to discuss (and predict) a “hyperinflationary depression” for the United States.

He is predicting asset-prices to collapse (the “depression”), while raw materials, and basic necessities soar in price (the “hyperinflation”). I find his logic to be irrefutable.

In this respect, this will not be an ordinary “deflation” (which is bearish for gold). It will be a solvency/default crisis – where U.S. bonds and the U.S. dollar will be shown to be worthless. This is why gold and silver will take-off, regardless of how the U.S. economic collapse evolves.

Onkel Tom, der führende Autorität auf diese Frage ist John Williams der Shadowstats.com. Er war der erste, der zu diskutieren (und vorherzusagen) eine "Hyperinflation Depression" für die Vereinigten Staaten.

Er rechnet mit Asset-Preise zusammenbrechen (die "Depression"), während die Rohstoffe und grundlegenden Notwendigkeiten im Preis steigen (der "Hyperinflation"). Ich finde seine Logik zu unwiderlegbar.

In dieser Hinsicht wird dies nicht eine gewöhnliche "Deflation" (das ist bearish für Gold) werden. Es wird eine Solvenz / default Krise - wo die US-Anleihen und den US-Dollar dargestellt wird wertlos sein werden. Deshalb ist Gold und Silber wird take-off, unabhängig davon, wie die US-Wirtschaft entwickelt sich zusammenbrechen.

Zitat von wef

Ich selber habe das Buch von Larry Williams "Aktien und Rohstoffe erfolgreich traden", was einfach nur die COT Analyse beschreibt, gelesen und dann einfach mal die historischen Daten von Gold und Silber angeschaut, ob Larry Recht hat. Dabei ist mir insbesondere für Gold aufgefallen, dass die Commercials fast immer Recht haben, Larry's Kernaussage. Ich habe entsprechende Charts schon hier eingestellt. Dann hat Cyberworky mir interessante Links zu den aktuellen Futuresdaten gezeigt und nun versuche ich Beides logisch zu verknüpfen. Das ist aber weit von Wissenschaft weg, sondern nur mal raten und ausprobieren. Und der Versuch über Gedanken/Wissensaustausch klüger zu werden.

I dispute the assertion of Mr. Williams that the “Commercials are almost always right”. There has been a massive, “Commercial” short position ever since this bull market has started – and the price has quintupled. How can we say they were “right”?

Do they increase their short position “at the right time”? Remember that in the market, no one should ever do worse than 50% on their bets, based simply on guessing. What is the accuracy rate of the Commercials? Certainly it is much less than 100%. It is also human nature to “remember” successes more reliably than we remember “failures”...

People who choose to bet with an evil entity, which is steadily losing, and will soon be defeated are engaging in a very foolish bet.

Ich bestreite die Behauptung von Herrn Williams, dass die "Commercials sind fast immer Recht". Es hat eine massive, "Commercial" Short-Position seit diesem Bullenmarkt hat begonnen - und der Preis wurde verfünffacht. Wie können wir sagen, sie seien "richtig"?

Haben sie erhöhen ihre Short-Position "zur richtigen Zeit"? Denken Sie daran, dass auf dem Markt, sollte man niemals schlechter als 50% auf ihre Wetten zu tun, einfach auf Raten basieren. Was ist die Treffsicherheit der Werbung? Sicherlich ist es wesentlich weniger als 100%. Es ist auch die menschliche Natur zu "erinnern" Erfolge zuverlässiger als wir "erinnern Misserfolge" ...

Menschen, die mit einem bösen Wesen, das immer zu verlieren ist Wette zu wählen, und wird bald besiegt sind in einem sehr dummen Wette Engaging werden.

I think that even the members of this forum will find the following analysis very useful...

Bullion-Buying in China and India, Part I

...Up to this point, I have only been examining the quantity of demand in China. However, analysis of the precious metals market in China also suffers from a failure to understand and identify the nature of that demand. We create and categorize Chinese (and world) gold-demand using Western categories for demand, and (more importantly) Western interpretations on how we analyze that demand.

Specifically, in the gold market, we focus on “jewelry demand” and “retail investor demand”. Of greatest significance is how we choose to define this demand. We define jewelry demand as an “industrial application” for gold, leading to the production (and sale) of a “luxury good”. In fact, arguably the majority of all gold jewelry ever produced in the world (throughout history) has been produced as instruments of “savings”, not as luxury goods.

Similarly, when we talk about “retail investment demand”, we are reducing gold (and bullion) to the status of nothing more than an ordinary commodity – something which we “buy low, and sell high”. Knowledgeable bullion-holders know that nothing could be further from the truth. It is the best “money” known to our species, and we will be extremely reluctant to swap it for grossly inferior, paper currencies (i.e. sell it) – irrespective of how large a stack of banker-paper we can get for it...

full commentary: http://www.bullionbullscanada.…old-commentary&Itemid=131

Zitat von Edel Man

Aber die Illusion, ETF mit Bullion gleichzustellen, wird leider von profilierten Leuten noch gefördert, wie R.Russell zB, die unentwegt ETFs empfehlen.

Edel Man, this is absolutely correct in North America. No one in the mainstream media ever asks them difficult questions.

I am wondering about the media in Europe. Do they treat these “bullion-ETF's” as being “good as gold”, or is there a more skeptical attitude?

Edel Man, das ist absolut richtig in Nordamerika. Niemand in den Mainstream-Medien immer fragt sie schwierige Fragen.

Ich freue mich über die Medien in Europa fragen. Haben sie behandeln diese "bullion-ETF's" als "gut wie Gold", oder gibt es eine skeptische Haltung?

Zitat von Edel Man

GLD (Goldfonds) Direktor besitzt "Physisches" Gold, nicht (seine) Fondsanteile

Genau das, was wir hier seit Jahren "predigen" : Die ETF sind höchst suspekt !! Von wenigen Ausanahmen abgesehen, zB. ein schweizerischerETF oder der von Sprott.

Wie ein Kommmentar richtig anmerkt, müßte dieser Mensch sofort zurücktreten, aber der moralische Verfallin Wirtschaft UND Politik läßt derartiges Verhalten geradezu als Bagatelle erscheinen..

Let me provide an update about what I posted yesterday. The moment that this article began to reach the “wire services”, GLD began “damage control”. They actually contacted some of our distributors before they even published the piece – and persuaded them not to publish it.

Then, they sent one of their representatives to our web-site to make a comment. The comment stated that the GLD executive actually did hold units of GLD – but because he (supposedly) considers GLD and “physical bullion” to be “identical”, he saw no need to mention both in his “personal disclosure”.

They tried to bully us into retracting our article. Naturally, we refused. For those who are interested, please view the comments on our site.

http://www.bullionbullscanada.…old-commentary&Itemid=131

Lassen Sie mich ein Update über das, was ich gestern gepostet. Der Moment, dass dieser Artikel die "wire Dienstleistungen erreichen" begann, fing GLD "Damage Control". Sie kontaktiert tatsächlich einige unserer Händler, bevor sie überhaupt veröffentlichte das Stück - und überredete sie, es nicht zu veröffentlichen.

Dann schickten sie einen ihrer Vertreter auf unserer Web-Site, um einen Kommentar zu machen. Der Kommentar erklärt, dass die GLD Exekutive tatsächlich halten Einheiten der GLD - sondern weil er (angeblich) der Auffassung, GLD und "körperliche bullion" sein "identisch", sah er keine Notwendigkeit zu erwähnen, sowohl in seinen "persönlichen Offenbarung".

Sie versuchten, uns zu schikanieren Einfahren in unserem Artikel. Natürlich, wir abgelehnt. Für diejenigen, die daran interessiert sind, schauen Sie sich die Kommentare auf unserer Seite.

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