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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: John Soileau who wrote (76509)9/15/2001 1:48:51 PM
From: long-gone  Read Replies (1) | Respond to of 116815
 
My point exactly! The gold& silver below the WTC is "missing":

* Was it ever there
* If it was there, when did it "go missing"
* As it is "owned" by Chase JPM ... do these companies list it as an asset?
* Was it loaned and they have a receipts(s)? This doesn't seem possible if it is "missing"
* are they expecting an insurance claim be paid?
some news sources are report ing it is still safe. What is the truth?
* Was it one of several layers of interconnected gold loans where by the same bullion is being listed as an asset of several (perhaps hundreds) of sets of books for a multitude of banks, brokerages, savings & loans and governments?



To: John Soileau who wrote (76509)9/15/2001 1:58:14 PM
From: long-gone  Read Replies (1) | Respond to of 116815
 
Brings an interest question to light? Is something legal when done by a banker but not by an individual?

A hard asset is a hard asset, right?
There is No way to practice fractional reserve banking when dealing with real estate! You sell the same home to 2 seperate legal parties - a law has been broken!
When Billy Sol Estis used the same liquid fertilizer trailers for loans from several banks it was outside the law!

Must not the line(quickly) be drawn between all hard assets and paper for loan purposes in reguard to fractional reserve banking?