tag:blogger.com,1999:blog-7982981413278241287.post8237639044365853286..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Guess Who Said This:Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7982981413278241287.post-12927375490218913992009-10-07T18:29:02.594-06:002009-10-07T18:29:02.594-06:00Hi Dave,
I was reading about a new gold investmen...Hi Dave,<br /><br />I was reading about a new gold investment product called SGOL. Do you any insight to offer on SGOL? <br /><br />http://www.etfsecurities.com/us/news/etfs_news_090909.asp<br /><br />The JPM connection strikes me as a red flag:<br /><br />"ETFS Physical Swiss Gold Shares are backed by physical gold bullion held by J.P. Morgan in fortified vaults in Zurich, Switzerland. The Shares represent a direct interest in physical gold bullion owned by the Trust. Shares can only be issued when bullion is delivered into the Trust account at the Custodian’s vault, which is independently inspected twice a year by Inspectorate International. An appointed Trustee must approve all deposits and withdrawals of Bullion held by the Custodian. "JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-22717515824314004042009-10-07T17:55:15.750-06:002009-10-07T17:55:15.750-06:00Dave and all,
for a laugh, you have to check out t...Dave and all,<br />for a laugh, you have to check out the chart on "Toilet Paper vs The Banking System" I have up from a friend of mine. It is funny beyond belief.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-5063531566048547692009-10-06T23:07:02.553-06:002009-10-06T23:07:02.553-06:00It sounded a little too outré for most serious com...It sounded a little too outré for most serious commentators that would come to mind. I was thinking it was someone like Viper off his meds.<br /><br />Janet Takavoli made a 'somewhat' case for deflation in the Max Keiser video. But it ended in kind of a hand wave. <br /><br />I will ask her about it.Jessehttps://www.blogger.com/profile/10098169118867085623noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24963995891142470212009-10-06T19:03:51.766-06:002009-10-06T19:03:51.766-06:00@Blarney: 'twas indeed.
@Jess: doesn't ...@Blarney: 'twas indeed.<br /><br />@Jess: doesn't surprise me you didn't know. who the hell reads Mish? Someone in my previous post made reference to the internet debate stirred up by Mish...Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-18462108586201292572009-10-06T18:57:27.790-06:002009-10-06T18:57:27.790-06:00It was....
Ta daaaaaa....
MISH!!!
No?It was....<br /><br />Ta daaaaaa....<br /><br />MISH!!!<br /><br />No?Blarneynoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-51741523060288687372009-10-06T18:39:31.634-06:002009-10-06T18:39:31.634-06:00"Apparently there has been much ado about not..."Apparently there has been much ado about nothing over comments made by a well-followed blogger in which said blogger claims, using remarkably vacuous examples, that having reserve status of one's currency is irrelevant. I'm not sure why anyone has given that commentary anything more than a good laugh."<br /><br />Why the coyness? Who said it? Whoever it was is almost surely talking either their book or a stubborn belief in some outcome to which the dollar NOT being the reserve currency is significant.Jessehttps://www.blogger.com/profile/10098169118867085623noreply@blogger.com