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J T
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Rickards: 'Unallocated Gold Is a Euphemism for No Gold.' - Jesse - Le Cafe Américain

"And as a reminder, here is what Kyle Bass had to say about unallocated and hypothecated gold, even that held within a 'fractional reserve' exchange structure."

...ok...what did he say?...thanks.

Commented 2937 days ago

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Beginning of the headline :I think that Rickards is correct in his judgement, and joins many others including Kyle Bass, who because of their backgrounds are much harder to ridicule and dismiss by the creatures of the bullion banks. And in some of their more recent remarks about this, one can almost feel the desperation. And here and there, the rats seem to be leaving the ship. When this pyramiding of bullion and price manipulation falls apart, which history suggests that it must, there will be many angry investors dem... Read More

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