Comments on: Gold & Silver Price Explosion! Metals Leasing & ETF Investment Fraud ‘Why Gold & Silver?’ Trailer 3

By: rockerme4u

rockerme4u — Mon, 12 Jul 2010 01:41:55 +0000

@whygoldandsilver I am kind of chipper on all precious metals. But, I have this ape on my back named Elliott Wave. They reckon because Gold has a DSI indicator of 98 percent bulls, that metals should be avoided. I am buying tiny amounts every week. It seems that it is just daily and these are NOT normal era.

By: drutter

drutter — Mon, 12 Jul 2010 01:03:50 +0000

Hmmmm, were you guys on a boat or something? :p
.
Like the way you make these trailers. Nothing but Mike (well, some dramatic background music) charitable the proof, along with his expert opinion. FONZED bigtime

By: feargus13

feargus13 — Mon, 12 Jul 2010 00:54:11 +0000

Best case scenario, to pay for the ETF, large companies will have to buy corporal metals to pay demands, and that is when precious metals holders can payment whatever they want for their metals, or they face foremost class actions; everyone remembers the McDonald’s coffee cup suit, and we all know it was the woman’s stupidity.

By: ahmedvienna

ahmedvienna — Mon, 12 Jul 2010 00:18:05 +0000

@whygoldandsilver

How I hope that it the stage out:
We dont have a currency crisis for another decade. Gold and Silver prices stay manipulated for another decade. I keep buying at these ridiculously low prices for the next few years. Basically I want to make sure that I can leverage the hell out of this situation. Then when wait till the shit hits the fan.

By: ahmedvienna

ahmedvienna — Sun, 11 Jul 2010 23:32:53 +0000

@whygoldandsilver … But I ve been proven incorrect on my occasions…

By: jimbob77784

jimbob77784 — Sun, 11 Jul 2010 22:43:56 +0000

@whygoldandsilver Complete collapse of the fiscal markets. When will this happen. Probably within the next 20 years…

By: jimbob77784

jimbob77784 — Sun, 11 Jul 2010 22:22:57 +0000

@whygoldandsilver Nice analogy!

By: VegasRage

VegasRage — Sun, 11 Jul 2010 22:05:42 +0000

I reckon this record is dead on right, I’m starting to reckon ETF’s were made solely for the purpose of huge banks like HSBC and JP Morgan to keep their thumb on gold and silver and manipulate the prices as much as possible. a 5 or 10 years chart showing DXY vs. GLD speaks volumes. Fantastic record BTW the background music was a bit loud, it hard became hard to hear what Michael was adage at places.

By: VegasRage

VegasRage — Sun, 11 Jul 2010 21:42:38 +0000

Wow Michael is right the US accounting for gold is nothing more than obfuscation, at 1:20 in the record he states that the Reserves states accounts receivables and inventory as one number, illegal accounting. Sure enough here is the link to the page that shows just that.

At ustreas(dot)gov/press/releases/200911310585014209(dot)htm
(4) gold (including gold deposits and, if appropriate, gold swapped) 3

By: rentonsentinel

rentonsentinel — Sun, 11 Jul 2010 20:47:48 +0000

Wow…. No wonder the bailouts were “mandatory”… The US has taken on the counterparty risk of all the banks by including their leased gold receivables as inventory. If JPM or C ever did go bankrupt, bye bye receivables.