Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (91303)	12/8/2008 5:48:17 AM
From: Proud Deplorable	2 Recommendations Read Replies (1) of 116555

"Note that GoldMoney is physical gold, not paper gold. Turk takes delivery, and stores it. The vaults are audited. If you want to own physical gold, this is one of the best ways to do so." This is an absurd statement. Goldmoney is paper gold in every sense of the word and worse than that it is internet money and if the internet has problems and you want your gold, say in times of world crisis that may affect worldwide communications, you are sunk. it is NOT one of the best ways to own gold but one of the worst ways as the gold is stored offshore someplace out of reach. The best gold is in your hands and anonymous and hidden, not dependent upon anything electronic The best way to own gold is stay away from these schemes. Take delivery of your gold and silver and profit from the "ridiculous" premiums that some don't want to have anything to do with because they do NOT understand the marketplace now nor can they guarantee that the premiums will not continue So who is better off Mish? The person who bought SLV or other paper silver a year ago, or the person who bought 100 ounce denominations of bars or less or bought ASE's or Maple Leafs and who can easily sell for 100% premium in some cases? American Silver Eagles are selling for as much as $18-20.00 USD in Seattle and there is no trouble selling them. Who is better off? The answer is just plain obvious. When the Comex silver players have their heads handed to them it will be obvious for all to see but by then their faith in this crooked system which prevented them from seeing the light and loading up on physical will come back to bite them. =============== Example New 2008 Silver Eagles - $17 (Tukwila) Reply to: sale-948758829@craigslist.org [?] Date: 2008-12-07, 12:34PM PST I have several American Silver Eagle one ounce coins for sale at $18.50 each- 5 coin minimum purchase. Save a $1 per coin when you buy 20 coin rolls at $350.00 each. Save $1.50 per coin when you buy 6 or more rolls at $340.00 per roll. Please email or call Mike at (206) 227-3257. Thanks!

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