|Forum - Shadow Island
||All Nyse, Nasdaq, Amex and Otcbb, no pinks please.|
|From: MinnesotaGoose (Rep: 188)||Date: 03/01/2010 18:54|
|Forum: Shadow Island - Msg #25||Thread #672921472 (Rec: 0) |
|COMEX Gold and Silver Inventory Data Reveal an ALARMING Trend|
I estimate that as much as 50,000 tonnes of gold has been sold that does not exist. That is equivalent to all the gold reserves in the world that are yet to be mined, or put another way, 25 years of gold production. That is the grand-daddy of all short positions! As physical market shortages lead inevitably to exposing this scandal there will be the grand-daddy of all short squeezes and the grand-daddy of a bull market in precious metals….but only in REAL physical precious metals and quality mining equities, not in paper promises for physical metals. It would be a tragedy for an investor to have correctly identified the huge investment potential to wind up with nothing. It would be like winning the lottery only to discover that someone sold you a counterfeit lottery ticket!
February 25, 2010
No Pump No Dump, but a Goose is good for you now and then.
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