GLD ETF full of fake gold?

[Zeitgeist]

Fraud and market-manipulation … takes place every day in the precious metals market.

http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=10441:andrew-maguire-the-king-interview-part-i&catid=49:silver-commentary&Itemid=130

[paramount]

[quote=Nor-LA-SD-guy][quote=scaredycat]there is internet chat on the subject of yield for amateur gold miners. even in known gold places, the pickings are slim. you cannot earn a living, even at 3k an oz, but one occasionally gets lucky and finds a nugget. it will always be a hobby for the guy with the pan.[/quote]

I guess it depends who you talk to, some say you can average about an oz or so a week if you are willing to learn and work diligently at it just using a pan and a metal detector screw driver and a small shovel,.

But at the same time I can’t say I have ever tried it and it does sound like a lot of very hard work.[/quote]

Sounds like history really does repeat…

Just remember, be the one selling the tools.

[paramount]

[quote=Nor-LA-SD-guy][quote=scaredycat]there is internet chat on the subject of yield for amateur gold miners. even in known gold places, the pickings are slim. you cannot earn a living, even at 3k an oz, but one occasionally gets lucky and finds a nugget. it will always be a hobby for the guy with the pan.[/quote]

I guess it depends who you talk to, some say you can average about an oz or so a week if you are willing to learn and work diligently at it just using a pan and a metal detector screw driver and a small shovel,.

But at the same time I can’t say I have ever tried it and it does sound like a lot of very hard work.[/quote]

Sounds like history really does repeat…

Just remember, be the one selling the tools.

[paramount]

[quote=Nor-LA-SD-guy][quote=scaredycat]there is internet chat on the subject of yield for amateur gold miners. even in known gold places, the pickings are slim. you cannot earn a living, even at 3k an oz, but one occasionally gets lucky and finds a nugget. it will always be a hobby for the guy with the pan.[/quote]

I guess it depends who you talk to, some say you can average about an oz or so a week if you are willing to learn and work diligently at it just using a pan and a metal detector screw driver and a small shovel,.

But at the same time I can’t say I have ever tried it and it does sound like a lot of very hard work.[/quote]

Sounds like history really does repeat…

Just remember, be the one selling the tools.

[paramount]

[quote=Nor-LA-SD-guy][quote=scaredycat]there is internet chat on the subject of yield for amateur gold miners. even in known gold places, the pickings are slim. you cannot earn a living, even at 3k an oz, but one occasionally gets lucky and finds a nugget. it will always be a hobby for the guy with the pan.[/quote]

I guess it depends who you talk to, some say you can average about an oz or so a week if you are willing to learn and work diligently at it just using a pan and a metal detector screw driver and a small shovel,.

But at the same time I can’t say I have ever tried it and it does sound like a lot of very hard work.[/quote]

Sounds like history really does repeat…

Just remember, be the one selling the tools.

[paramount]

[quote=Nor-LA-SD-guy][quote=scaredycat]there is internet chat on the subject of yield for amateur gold miners. even in known gold places, the pickings are slim. you cannot earn a living, even at 3k an oz, but one occasionally gets lucky and finds a nugget. it will always be a hobby for the guy with the pan.[/quote]

I guess it depends who you talk to, some say you can average about an oz or so a week if you are willing to learn and work diligently at it just using a pan and a metal detector screw driver and a small shovel,.

But at the same time I can’t say I have ever tried it and it does sound like a lot of very hard work.[/quote]

Sounds like history really does repeat…

Just remember, be the one selling the tools.

[sobmaz]

http://www.constitution.org/mon/greenspan_gold.htm

Alan Greenspans thoughts on Gold back when he could say what he really thought.

[sobmaz]

http://www.constitution.org/mon/greenspan_gold.htm

Alan Greenspans thoughts on Gold back when he could say what he really thought.

[sobmaz]

http://www.constitution.org/mon/greenspan_gold.htm

Alan Greenspans thoughts on Gold back when he could say what he really thought.

[sobmaz]

http://www.constitution.org/mon/greenspan_gold.htm

Alan Greenspans thoughts on Gold back when he could say what he really thought.

[sobmaz]

http://www.constitution.org/mon/greenspan_gold.htm

Alan Greenspans thoughts on Gold back when he could say what he really thought.

[sobmaz]

“Gold pays no interest”

That is the stupidest thing I have ever heard. Gold does not need to pay interest, it retains its value over time.

A dollar in 1908 will buy you what 50.00 today will buy you. Dollars pay interest only to make up for the erosion of its value.

An ounce of gold in 1908 will buy about the same amount of goods of services as an ounce of Gold today.

GOld is a STORE of value, not an investment. An investment would be my first choice, not Gold. But…..Gold would be my first choice as a STORE OF VALUE if my second choice was a u.s. dollar.

Think about it….would you want to STORE your money in money that can be printed by the billions daily or in an ounce of Gold that takes a lot of resources to create?

Being that the u.s. has promised mountains of dollars to everyone and is already in debt, my first choice is my wealth in an investment that will weather the economic meltdown. On the other hand, any uninvested cash I have I would much rather store in gold than in dollars.

[sobmaz]

“Gold pays no interest”

That is the stupidest thing I have ever heard. Gold does not need to pay interest, it retains its value over time.

A dollar in 1908 will buy you what 50.00 today will buy you. Dollars pay interest only to make up for the erosion of its value.

An ounce of gold in 1908 will buy about the same amount of goods of services as an ounce of Gold today.

GOld is a STORE of value, not an investment. An investment would be my first choice, not Gold. But…..Gold would be my first choice as a STORE OF VALUE if my second choice was a u.s. dollar.

Think about it….would you want to STORE your money in money that can be printed by the billions daily or in an ounce of Gold that takes a lot of resources to create?

Being that the u.s. has promised mountains of dollars to everyone and is already in debt, my first choice is my wealth in an investment that will weather the economic meltdown. On the other hand, any uninvested cash I have I would much rather store in gold than in dollars.

[sobmaz]

“Gold pays no interest”

That is the stupidest thing I have ever heard. Gold does not need to pay interest, it retains its value over time.

A dollar in 1908 will buy you what 50.00 today will buy you. Dollars pay interest only to make up for the erosion of its value.

An ounce of gold in 1908 will buy about the same amount of goods of services as an ounce of Gold today.

GOld is a STORE of value, not an investment. An investment would be my first choice, not Gold. But…..Gold would be my first choice as a STORE OF VALUE if my second choice was a u.s. dollar.

Think about it….would you want to STORE your money in money that can be printed by the billions daily or in an ounce of Gold that takes a lot of resources to create?

Being that the u.s. has promised mountains of dollars to everyone and is already in debt, my first choice is my wealth in an investment that will weather the economic meltdown. On the other hand, any uninvested cash I have I would much rather store in gold than in dollars.

[sobmaz]

“Gold pays no interest”

That is the stupidest thing I have ever heard. Gold does not need to pay interest, it retains its value over time.

A dollar in 1908 will buy you what 50.00 today will buy you. Dollars pay interest only to make up for the erosion of its value.

An ounce of gold in 1908 will buy about the same amount of goods of services as an ounce of Gold today.

GOld is a STORE of value, not an investment. An investment would be my first choice, not Gold. But…..Gold would be my first choice as a STORE OF VALUE if my second choice was a u.s. dollar.

Think about it….would you want to STORE your money in money that can be printed by the billions daily or in an ounce of Gold that takes a lot of resources to create?

Being that the u.s. has promised mountains of dollars to everyone and is already in debt, my first choice is my wealth in an investment that will weather the economic meltdown. On the other hand, any uninvested cash I have I would much rather store in gold than in dollars.

[Author]

Posts