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Friday 3 May 2013

NO bullion for YOU!.....................from Rico

NO bullion (Gold or Silver) for YOU!

The Central Bank's "plan" aided and abetted by the Financial Pravda is to 'force' everyone OUT of hard assets, savings, bank deposits, and other inert saved capital and move them INTO investmets in Ponzi equity and bond markets (preferably leveraged) and/or otherwise spend their cash on gadgets they do not need to stimulate a dead centrally-planned economy. It's not 'working' so far...

The cupboard (vault) is bare?

For four days this past week, in the face of continued bullion delivery demands, JPM has converted 'registered' Gold to 'eligible' Gold.*

- JPM's vault has not received one ounce of bullion in over a week.

"Restocking" their vault by converting 'registered' to 'eligible' makes it appear that JPM has NO delivery 'problem' (so long as no registered warrants as "why?" or "what happened to their Gold?").

- So much for "safe" bullion vaulting in the COMEX system.

*Registered [dealer], Eligible [customer]


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