Whenever you buy gold or silver

Whenever buying gold or silver, make sure you have it (physical in your hand or your safe), not just some fancy looking paper!

Most of the ETF's or "gold bullion funds" being offered on the market today are "financially engineered tools" that have very little to do with actually owning the physical gold.
It is much like a "fiat currency" that is not backed by real gold but fancy paper being printed with no limit.

Much of these fiat currencies will fail - as well as the other derivatives engineered from it - when consumer confidence in them goes down. Much like the bonds being offered by the USA, EC and Japan Central bankers today.
Who wants to buy them?
The Chinese who have 3 trillion dollars "reserve" and not sure what to do with it when the USD continues to devaluate?




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