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SPDR Gold Shares Message Board

  • pharmaherooe pharmaherooe Dec 6, 2012 1:10 AM Flag



    Here is an example : A Bank has 10 kilos of physical gold in their vault but they print 1000 kilos as paper gold and such ponzi scheme can only work as long as the investors dont convert their paper trash in physical gold . Thats the main reason why goldprice is low because there is too much paper gold out there which is based only on hot air .Means if you buying gold or silver ETFs then you support the ponzi scheme and the manipulation of the goldprice .

    the gold paper bubble which is based on hot air will burst very hard .those who holding physical gold will be the big winner and the losers will be those who holding ETFs like this GLD scam .

    The dirt bankster printing paper gold like hell like they do with Euro and Dollar and thats what the most people still not realize . 90%++ of worldwide gold exist only as paper gold but this ponzi scheme game is finished soon because more and more people buying physical gold and thats a big disaster for the bankster and their ETF scams who dont own the gold to pay the people thats why all ETF scams like GLD,SLV and others will go Bankruptcy soon .

    Sentiment: Strong Sell

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