<< <i>To me buying paper metal almost completely defeats the purpose of buying metals. >>
Agree---paper metal is an oxymoron.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
Natural forces of supply and demand are the best regulators on earth.
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<< <i>Saw this over at Jesse's today
when did this show up and why? >>
The COMEX Insurance lawyers found the omission during a legal audit for the renewal of the Force Majeure' Liability Coverage ;>
<< <i>To me buying paper metal almost completely defeats the purpose of buying metals. >>
Agree---paper metal is an oxymoron.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
If anything, this addendum to the fine print will hasten the "run on the bank".
<< <i>It's ass-covering time, for when the comex eventually goes bust.
If anything, this addendum to the fine print will hasten the "run on the bank". >>
If you're out of the system, you don't have to worry about bank runs. First in line in 2008.
Liberty: Parent of Science & Industry