Jon Nadler on Germany's Gold and the Silver Shortage
Hey Jon the Soviet menace died over 20yrs ago and only now do the Germans think of having a new storage plan? Hey if I wanted 20% of my gold out of storage I would have already worked out where to put it and hence would want it back right now. The 7 year delay is BS, it surely has to be to allow gold leases to expire and for gold to be called back from the bullion banks. Of course this gold will have to be bought in the open market as these leases expire as the whole point of a gold lease is to sell the metal into the market and capture the spread.
PS. As a rule I never trust a guy who wears shirts made from the satin sheets of a bordello.
No comments:
Post a Comment