Bullion Alert
January 28, 2016 Leave a comment
More than the bond market, we are likely to have a crisis in the gold and silver market.
Update the information in the video with this information :Link.
History tells us that every fractional banking system throughout the ages has collapsed under the weight of far too many liabilities piled on top of too few assets to back those liabilities. This one eventually will collapse as well.
Going by what happened to the Hunt Brothers, the US government will step in to ward off by any means, any speculator taking on the Comex.So even while playing this bet will take less than 2% the size of the bet made by Soros against the British monetary system, we’ll have to wait for an entity not under Uncle Sam’s control to lay this bet.
I’d be surprised if such profound changes came about quickly and without war. But even a fraction of this coming true, will help gold owning Indians. And the government won’t have to go to the trouble of gold monetization schemes to get gold to be put to productive use.Of course, equally possible in such a case would be gold seizures. 
Paper Investors have a fundamental difference in thinking from those who prefer tangible assets.
The first I heard of the Sovereign Gold Bonds was on Dhanteras day when my bank tried to get me to purchase some of them.At the time , I was on my way out shopping and my first thought was: Do I really want to postpone my gold purchases for a year to earn an additional 275 rupees per Rs10,000/-?Yaar, I could haggle with the jeweller and easily get that much and more off my purchases. And then, I love wearing jewellery.Do I want to give up on that pleasure and experience, multiple times a year, for as little as 275 rupees? That too in the days when one simple restaurant meal, or a taxi ride might cost that much and more? The answer then was an easy “NO”.
A few years ago there was no person selling financial products that didn’t have a good word to say about gold, even if it was just paper gold.
wealthymatters 