Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain with Stocks
By: Chris Mullen, Gold Seeker Report

A Certain Perspective
By: Michael Ballanger

Trump vs the Fed: who wins?
By: Richard (Rick) Mills

Is the Buyer’s Market for Silver Coming to an End?
By: Stefan Gleason

Gold Price Analysis: Closer To A Significant Monetary Event
By: Hubert Moolman

Merk Research - U.S. Business Cycle
By: Merk Research

No One Ever Said Brexit Was Going to Be Easy
By: Frank Holmes

VXX Implies a Stunning Decline Lies Just Ahead
By: Rick Ackerman

Gold Krugerrand Coin Worth $1,200 Donated To Charity Again
By: GoldCore

Gold Seeker Closing Report: Gold and Silver Close Mixed with Stocks
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
It Is What It Is But It's Not What It Seems


 -- Published: Tuesday, 19 December 2017 | Print  | Disqus 

By Craig Hemke

That line was only recently penned by the great Irish poet and philosopher, Paul Hewson. It no doubt applies here to our daily struggle against The Banks and their paper derivative pricing scheme.

"It is what it is but it's not what it seems." Yep, that's a deft description on Comex Digital Gold and the pricing scheme that has prevailed now for nearly 43 years. Recall it was December 31, 1974 when Comex gold futures were introduced...not coincidentally the day before US citizens were once again allowed to legally own and possess physical gold. You can read all about it here: https://wikileaks.org/plusd/cables/1974LONDON16154...


And so here at the end of 2017, the cumulative amount of alchemized digital or synthetic gold "exposure" has reached a total that not even the writers of that 1974 memo could have envisioned. Unallocated gold. Gold futures. Gold swaps. OTC options. ETF shares. Levered ETF futures shares. You name it. It's all used as a substitute for the real thing...actual physical gold. And so long as the fractional reserve confidence scheme continues, the world will never know just how much real, physical gold exists for private, institutional and sovereign investment.

"It is what it is but it's not what it seems."

What needs to happen in 2018? Investors on every level need to demand delivery of true physical gold. They must foreswear the convenience of synthetic gold exposure and ignore the disingenuous warnings of the dangers and costs of private vaulting and self-storage. Only true physical demand can force The Bullion Banks to de-lever their system and only this deleveraging of the fractional reserve system can force the discovery of a true, physical price.

And there are rumblings that such a movement toward physical holding may be coming. Whether it's the geopolitical risk of war in Korea or the Middle East, the economic risk of de-dollarization or the very real threat of globally-sanctioned negative interest rates, events may move quickly and the Central Bank-concocted scheme of 1974 may unravel almost as rapidly as it was put into place.

So the question is, are you prepared? Your only option in this is to hold real, physical metal...whether it's through a bullion dealer, a private vaulting service or a true physical fund like the PHYS or PSLV. "Gold" or "silver" in any other form is a Banker-created risk that you should no longer be willing to take.

https://www.sprottmoney.com/



Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities. Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.


The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

 


| Digg This Article
 -- Published: Tuesday, 19 December 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.