|
|
As I sit here in AWE watching gold melt up during COMEX
trading hours while it is CLOSED for LABOR DAY, I am convinced more than EVER
that this fall will see the end of the Gold Cartel, the end of the Euro, and
the end of the fraudulent U.S. banking system (and if I’m wrong,
there’s NO WAY the GLOBAL FINANCIAL PONZI SCHEME lasts through early
2012.
In other words, as I have BEGGED and PLEADED for
YEARS now, but particularly in 2011, you are RAPIDLY RUNNING out of time to
PROTECT YOURSELF from HYPERINFLATION, especially in the United States and the
European PIIGS nations.
Moreover, I fear that draconian government actions
(which have already commenced) will destroy millions of Americans’
assets, regardless of the economic climate. That is why you need to be
EXTREMELY careful in how you PROTECT your assets.
My
August 25th RANT, “Outing” GLD and SLV, and
‘Inning’ Alternative Forms of Gold and Silver Investment,
Including Mining Companies”, has yielded as much discussion as
any I have written, and for good reason. As I, and numerous others in the
“good guy camp” have written for YEARS, the ETFs GLD and SLV
appear to be among the largest SCAMS in history, potentially with among the
most far-reaching, destructive consequences EVER (Bernie Madoff, LOL).
In this RANT, I laid out the issues with the
PROSPECTUSES of these two (likely government-backed) SCAMS, and why, if you
are going to invest in PHYSICAL gold and silver, you should instead invest in
either ACTUAL COINS (I listed numerous RELIABLE, HONORABLE sellers), the
CLOSED-END FUNDS CEF/GTU/SVRZF/PHYS/PSLV, or the online allocated depository
GOLDMONEY.COM.
http://babybulltwits.wordpress.com/2011/08/26...ning-companies/
Hopefully, that piece inspired at least a portion of
readers to FLEE GLD AND SLV (as well as other questionable ETFs such as IAU)
into these investments. However, my guess is many are either too lazy or
distrusting to make such portfolio changes, especially if they are holding
GLD and/or SLV “paper profits” and don’t want to pay the
capital gains taxes (of course, capital gains taxes are likely to SOAR in
coming years, but that’s another story).
Anyhow, sometimes one needs to actually SEE evidence
rather than READ about it to be convinced, and this morning I cam across a SENSATIONAL, seven-minute video by a guy
named “Chris”, who goes over in DETAIL each of the likely
FRAUDULENT aspects of the GLD prospectus (SLV is essentially identical).
Attached is a link to this video, below.
http://www.youtube.com/watch?feature=playe...;v=k08BXBGrCtk#!
Readers, if you can honestly read my “Outing
GLD…” RANT and watch this video without being TERRIFIED of losing
ALL YOUR INVESTMENT, you not only should not be in the INVESTMENT BUSINESS,
but you should not be allowed to even invest your OWN MONEY. Sorry to sound
condescending, but regarding the topic of Precious Metals I believe I have
earned the right to sound arrogant for a brief moment, particularly
pertaining to HELPING you to HELP yourselves. And frankly, there is little
time left before the GLD and SLV H-Bomb warnings will start to intensify, in
my VERY STRONG view.
Remember in the WIZARD OF OZ, when Dorothy watched
the sands of the hourglass running out?
Well that’s where we are as regards the END of
the GLOBAL FINANCIAL SYSTEM and possibly the END of your ABILITY to PROTECT
YOURSELF from likely SOCIAL UNREST and HYPERINFLATION!
So PLEASE make sure that your investment portfolio
is OPTIMIZED NOW, as you are running out of chances!
Whoops, gotta go, gold
just passed $1,900/oz again ($2,074/oz on APMEX for orders of LESS than 20 coins with a
credit card, per below), and trading in Italian Banks was just halted AGAIN!
Ranting Andy
|
|
