Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (29915)	10/19/2000 5:27:24 PM
From: pater tenebrarum	Respond to of 436258

well, that's great news. it is btw. becoming harder to get hold of silver bullion. i know, i've tried. global silver inventories are set to reach zero within 11 - 13 months. which imo is the most conclusive piece of evidence that the metals markets must be manipulated. any other commodity would have soared in price already. wonder what the shorts are going to do when all the inventories are finally gone? actually i know already: they're going to default. COMEX is going to suspend trading, or jack margins up to 500% of the contract's value, or allow only position close outs. but similar to their recent assault on palladium, it's not going to work. no physical, no dice. fecking manipulators... i hope some of the surviving producers will be able to sue that crowd for having almost destroyed them...

To: patron_anejo_por_favor who wrote (29915)	10/19/2000 5:46:56 PM
From: Franco Battista	Read Replies (1) \| Respond to of 436258

I bought some gold bullion from my bank recently and I forced physical delivery. These jackasses have what they call gold certificates. Basically, you buy gold and only receive a certificate which is backed by the bank's gold reserves. Only problem is that I'm sure those gold reserves have been lent out to the shorters. I've now bought gold bullion on several occassions. Most of my purchases were in 1 ounce units from the Canadian mint. This gold was promptly delivered to me (a few days after purchase). My last buy was in larger ingots and were purchased from the reserves of the Royal Bank. This gold took several weeks before it was delivered. It was almost as if they had to chase some of the shorts half way around the world in order to recover enough to fill my order! The point to all this is let's not play into the shorter's game. As you so eloquently said it in your post, it is very important to take physical delivery of our gold.