Research:COMEX, PAPEGOLD VS, REAL gOLD ETC.

i have tried to post this twice today only to hit the wrong key and lose it all twice. but it is important enough (to those who care) to try once more.

Comex ratng is now over 220 oz. of paper Gold per oz of 1 oz claimed asset of each 1 oz gold held. DO NOT BUY PAPER GOLD AS AN INVESTMENT OR INCLUDE IT IN YOUR PORTFOLIO PLANS, OR RETIREMENT PLANS.

To put it simply ,do you think if something goes wrong with the economy your investment house is going to send a guy to your house to deliver your gold.

At the same time(over a Holiday weekend) hmmmm seems to be a lot of that going around all the way back to 1913 Christmas holidays when the FED, and income taxes were established by a vacationing congress.

Also the Gold price actually fell during this announcement when they actually should have gone up. The Chinese government announced that Gold will be accepted as collateral in banks like property or a car basically recognizing it as money. What that means is that as China sees it there is a floor on the value of Gold very near to where it is valued now.

Texas has established the regulations of a Bullion Bank, a step to recognizing Gold as money. (Hooray for Texas).( I want to live my next life in Texas)

Based on the amount of paper Gold vs. physical gold in existence the current "real value" of Gold should be some were near $24400 per oz, an impossible number, irrefutable prof it is all just a scam.

Silver is not left out. there is a $50 Vat. on each 20 oz, of silver above and beyond normal acceptable profit margins. Asian countries including India are paying it with out a squawk. I am not an adviser of any kind and cannot be held responsible for investments based on the above. Im just an avid researcher. that said I think I have about an oz. and a half of Gold flakes laying around from my last batch of refined fingers any takers, Ill sell them at half price $12200 per oz. :). mcw

selling dreams and promises...
It always catches up when the greed becomes too large.
I don't buy neither..If I want gold I'll go to the river and pan it out.
[IMG]http://i1311.photobucket.com/albums/...psvtmtflfl.jpg[/IMG]

Scary times.

Anytime you invest in paper, you are trusting someone else's promises. I have learned not to put a whole lot of faith in the promises of others, especially when financial gain is concerned...

Last summer we took a vacation in NH and did a little pannin/sluice boxing on the Ammonoosuc river.

I used to have a small ranch near the top of a mt. NE (I think) at the bottom of one side was Coloma and Sutters mill on the west side was the American river . got wet and cold my self a few times. Did find a few specks.

They won't be the last. The big banks have been trying to cover their hedges for years. Bullion Direct Bankrupt, Vault Virtually Empty

I guess im old fashioned ewaste I get gold and silver from mining it and as for paper I have the old fashioned kind as well ..money.. even copper rounds but all of it really is just play things for the just in case zombies or Russians try and eat my brain. I find the easy money is scrapping I have or do other things and never made money so easy it just takes work

An interesting thing I read a while ago was this.
If I was wanting to set up a Gold mine, I would need a lot of money to do it.
So. I would go to a bank and borrow it. They have a Ton of Gold as collateral for this money. So they borrow against this ton of Gold and lend me the money to set up the mine.
But, they still have a ton of solid Gold sitting there in their bank vault, doing nothing.
And because |I intend to mine solid Gold,I then borrow solid Gold from them (The Ton of solid Gold they have) and then I will pay it back at a 10% intrest.
ie, I pay back 1.1 Tons of solid Gold later on.
Then I take take the Ton of solid Gold I have borrowed and borrow against it to get more ca$h. Giving them the Ton of Gold as collateral.

So yah see what I have done? I have just borrowed the same Ton of Gold TWICE!

I intend to pay back the first Ton as ca$h, and the second Ton as solid Gold....+ intrest.

http://36.media.tumblr.com/c459153ed...42tfo1_500.jpg

I'm a PROFESSIONAL hoarder in that I was born to Live the way that I do.

I find it interesting that so called hording is viewed as mostly BAD in the society of today.

But then it is much the same with the concept of being debt free. Not a very popular concept so it must be BAD also?

I have learned that there are very few that are not in debt.

I don't mind if I'm viewed as EVIL because I don't want to join in on the FUN of ?live? now and pay later.

seems that LATER has arrived?