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Gold/Mining/Energy : Silver prices

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To: jim watson who started this subject3/19/2001 11:16:33 AM
From: Raja  Read Replies (2) of 8010
 
But that’s only one of many proofs that gold and silver leasing is fraudulent and manipulative. Think about this. Leasing something allows you to use something for a fee. How in the world does someone "use" a bar of gold or silver? As a doorstop? There are only two ways you can "use" a bar of metal. Sell it or melt it. Period. Please think about this. If all you can do with a bar of metal, is sell it or melt it, how could such an item be leased in the first place? Only things that can legitimately be used can be leased. Money, cars, homes, machinery, airplanes, computers, even people themselves (contract workers), can be leased, because there is a utility value to each. But how can you lease an inert, non-utilitarian basic material? You can’t, legitimately. All you can do with such an item is sell it, or consume it. The simple point here is this - everyone is calling these gold and silver transactions leases, but that’s hogwash. They are sales, pure and simple. And if a financial transaction is intentionally mislabeled, in order to conceal its true nature, how can that not be some kind of fraud?

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